Jade Biosciences (JBIO)
NASDAQ:JBIO
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Jade Biosciences
(NASDAQ:JBIO)
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Rating:55Neutral
Price Target:
$19.00
▲(2.76% Upside)
Action:ReiteratedDate:04/03/26
The score is held back primarily by very weak operating fundamentals (no revenue, widening losses, and heavy cash burn), partially offset by a strong, low-debt balance sheet and a stated multi-year funding runway. Technically, the stock is in an uptrend above major moving averages, while corporate updates support the pipeline outlook; valuation is mixed due to losses despite a high reported dividend yield.
Positive Factors
Low Leverage / Strong Balance Sheet
Jade’s minimal debt relative to substantial equity reduces near-term solvency risk and preserves financial flexibility. This low leverage supports continued R&D investment and clinical programs without immediate refinancing pressure, a durable strength for a pre-revenue biotech over the next 2–6 months.
Negative Factors
No Revenue / Widening Losses
Persistent zero revenue combined with materially widening losses is a structural weakness: the company remains pre-revenue and depends on capital markets. Continued negative earnings erode equity value over time and heighten reliance on external financing if clinical progress stalls.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Strong Balance Sheet
Jade’s minimal debt relative to substantial equity reduces near-term solvency risk and preserves financial flexibility. This low leverage supports continued R&D investment and clinical programs without immediate refinancing pressure, a durable strength for a pre-revenue biotech over the next 2–6 months.
Read all positive factors
Jade Biosciences (JBIO) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$911.86M
Dividend Yield14.68%
Average Volume (3M)127.19K
Price to Earnings (P/E)―
Beta (1Y)0.07
Revenue GrowthN/A
EPS Growth89.16%
CountryUS
Employees50
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)-0.45
Shares Outstanding49,316,288
10 Day Avg. Volume252,880
30 Day Avg. Volume127,195
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)1.46
Price to Sales (P/S)0.00
P/FCF Ratio-5.10
Enterprise Value/Market Cap0.60
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-24.84K
Enterprise Value/Ebitda-5.93
Forecast
1Y Price Target
$29.70Price Target Upside60.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)-2.08
Revenue Forecast (FY)N/A
Jade Biosciences Business Overview & Revenue Model
Company Description
Jade Biosciences, Inc. is a biotechnology company focused on developing best-in-class therapies to address critical unmet needs in autoimmune diseases. Their lead asset, JADE-001, targets the anti-A PRoliferation-Inducing Ligand (APRIL) pathway fo...
How the Company Makes Money
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Jade Biosciences Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
74
Positive
Cash Flow
28
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -26.00K | -282.00K | -96.00K | -68.00K | -15.00K |
| EBITDA | -113.54M | -69.29M | -75.37M | -51.42M | -22.95M |
| Net Income | -127.41M | -69.63M | -75.52M | -51.51M | -22.96M |
Balance Sheet | |||||
| Total Assets | 349.78M | 80.33M | 127.42M | 135.30M | 175.36M |
| Cash, Cash Equivalents and Short-Term Investments | 336.16M | 78.62M | 122.44M | 129.22M | 167.38M |
| Total Debt | 724.00K | 417.00K | 675.00K | 1.09M | 574.00K |
| Total Liabilities | 17.26M | 3.90M | 17.96M | 8.56M | 2.94M |
| Stockholders Equity | 332.52M | 76.43M | 109.46M | 126.74M | 172.42M |
Cash Flow | |||||
| Free Cash Flow | -94.89M | -71.20M | -56.92M | -39.32M | -27.58M |
| Operating Cash Flow | -94.69M | -71.20M | -56.78M | -39.12M | -27.40M |
| Investing Cash Flow | -247.01M | 56.03M | 11.88M | 6.93M | -113.43M |
| Financing Cash Flow | 360.77M | 25.43M | 46.00M | 396.00K | 190.46M |
Jade Biosciences Technical Analysis
Positive
18.49
Price Trends
14.79
Positive
14.56
Positive
11.60
Positive
Market Momentum
0.95
Negative
72.65
Negative
92.86
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JBIO, the sentiment is Positive. The current price of 18.49 is above the 20-day moving average (MA) of 15.06, above the 50-day MA of 14.79, and above the 200-day MA of 11.60, indicating a bullish trend. The MACD of 0.95 indicates Negative momentum. The RSI at 72.65 is Negative, neither overbought nor oversold. The STOCH value of 92.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JBIO.
Jade Biosciences Risk Analysis
Jade Biosciences disclosed 59 risk factors in its most recent earnings report. Jade Biosciences reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Jade Biosciences Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $911.86M | -3.80 | -50.23% | 14.68% | ― | 89.16% | |
54 Neutral | $562.55M | -5.15 | -26.87% | ― | ― | 60.40% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
50 Neutral | $315.52M | -7.16 | -69.63% | ― | 158.54% | 66.90% | |
44 Neutral | $148.77M | -3.72 | -424.76% | ― | ― | 82.23% | |
43 Neutral | $154.69M | -8.62 | 25.65% | ― | ― | 18.82% | |
41 Neutral | $37.81M | -3.51 | -69.20% | ― | ― | -17.16% |
* Healthcare Sector Average
JBIO
Jade Biosciences
19.44
9.60
97.56%
GALT
Galectin Therapeutics
2.47
1.13
84.33%
IMMP
Immutep
0.31
-1.20
-79.21%
CLLS
Cellectis SA
4.16
2.70
184.93%
TECX
Tectonic Therapeutic
29.95
12.01
66.95%
HUMA
Humacyte
0.69
-0.85
-55.13%
Jade Biosciences Corporate Events
Business Operations and Strategy
Jade Biosciences Adopts 2026 Employment Inducement Stock Plan
Positive
Apr 2, 2026
On March 31, 2026, Jade Biosciences, Inc.’s board approved the 2026 Employment Inducement Stock Incentive Plan, modeled largely on its 2025 Stock Incentive Plan but excluding incentive stock options and limiting eligibility to employees qual...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.