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NewAmsterdam Pharma Company
(NASDAQ:NAMS)
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Rating:46Neutral
Price Target:
$29.00
▼(-16.38% Downside)
Action:Reiterated
Date:06/04/26
The score is held down primarily by heavy ongoing losses and significant cash burn despite a strong, low-debt balance sheet. Technicals are also weak with the stock trading below major moving averages. Valuation is difficult to support due to negative earnings and no dividend, while recent corporate actions modestly improve flexibility and alignment but do not offset core profitability and cash-flow risks.
Positive Factors
Balance sheet strength
Minimal debt versus a large equity base gives durable solvency and financial flexibility. This conservative capital structure reduces bankruptcy and refinancing risk, allowing the company to fund clinical development and strategic options over multiple quarters without immediate debt pressure.
Negative Factors
High cash burn
Sustained negative operating and free cash flow at this magnitude creates a structural runway constraint. The company will likely need external capital or partnerships, increasing dilution or conditionality on strategic deals and constraining discretionary investments over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Minimal debt versus a large equity base gives durable solvency and financial flexibility. This conservative capital structure reduces bankruptcy and refinancing risk, allowing the company to fund clinical development and strategic options over multiple quarters without immediate debt pressure.
Read all positive factors
NewAmsterdam Pharma Company (NAMS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.12B
Dividend YieldN/A
Average Volume (3M)1.20M
Price to Earnings (P/E)―
Beta (1Y)1.25
Revenue Growth-52.13%
EPS Growth3.91%
CountryUS
Employees100
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)-1.81
Shares Outstanding116,903,980
10 Day Avg. Volume852,463
30 Day Avg. Volume1,198,678
Financial Highlights & Ratios
PEG Ratio0.63
Price to Book (P/B)5.87
Price to Sales (P/S)178.34
P/FCF Ratio-27.11
Enterprise Value/Market Cap0.74
Enterprise Value/Revenue135.92
Enterprise Value/Gross Profit139.37
Enterprise Value/Ebitda-14.43
Forecast
1Y Price Target
$49.00Price Target Upside41.29% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)-1.81
Revenue Forecast (FY)$29.47M
NewAmsterdam Pharma Company Business Overview & Revenue Model
Company Description
NewAmsterdam Pharma Company N.V., a late-stage biopharmaceutical company, develops therapies to enhance patient care in populations with cardiometabolic disease. It is developing Obicetrapib, an oral low-dose cholesteryl ester transfer protein (CE...
How the Company Makes Money
As a clinical-stage biopharmaceutical company, NewAmsterdam Pharma’s ability to generate recurring commercial revenue is limited until it obtains regulatory approvals and launches products. Publicly available sources do not provide sufficient, con...
NewAmsterdam Pharma Company Financial Statement Overview
Summary
Income Statement
22
Negative
Balance Sheet
82
Very Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.57M | 22.50M | 45.56M | 14.09M | 102.69M | 0.00 |
| Gross Profit | 22.01M | 22.44M | 45.56M | 14.09M | 102.69M | 0.00 |
| EBITDA | -212.50M | -242.32M | -241.49M | -176.86M | -22.34M | -41.37M |
| Net Income | -212.73M | -203.82M | -241.60M | -176.94M | -22.63M | -41.78M |
Balance Sheet | ||||||
| Total Assets | 732.64M | 769.28M | 864.62M | 347.10M | 478.50M | 67.99M |
| Cash, Cash Equivalents and Short-Term Investments | 636.11M | 636.24M | 834.19M | 340.45M | 467.73M | 60.38M |
| Total Debt | 23.00K | 202.00K | 448.00K | 60.00K | 126.00K | 186.51K |
| Total Liabilities | 67.42M | 85.85M | 107.12M | 58.70M | 48.43M | 11.36M |
| Stockholders Equity | 665.22M | 683.43M | 757.50M | 288.39M | 430.07M | 56.63M |
Cash Flow | ||||||
| Free Cash Flow | -142.19M | -148.03M | -159.24M | -141.24M | 10.44M | -29.54M |
| Operating Cash Flow | -141.92M | -147.78M | -158.56M | -141.22M | 10.66M | -29.51M |
| Investing Cash Flow | -189.28M | -174.92M | -62.85M | -24.00K | -221.00K | -24.00K |
| Financing Cash Flow | 34.07M | 29.52M | 659.51M | 8.91M | 391.90M | 84.70M |
NewAmsterdam Pharma Company Technical Analysis
Positive
34.68
Price Trends
33.26
Positive
32.79
Positive
33.86
Positive
Market Momentum
0.93
Negative
58.25
Neutral
68.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NAMS, the sentiment is Positive. The current price of 34.68 is above the 20-day moving average (MA) of 32.90, above the 50-day MA of 33.26, and above the 200-day MA of 33.86, indicating a bullish trend. The MACD of 0.93 indicates Negative momentum. The RSI at 58.25 is Neutral, neither overbought nor oversold. The STOCH value of 68.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NAMS.
NewAmsterdam Pharma Company Risk Analysis
NewAmsterdam Pharma Company disclosed 92 risk factors in its most recent earnings report. NewAmsterdam Pharma Company 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
NewAmsterdam Pharma Company Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $4.88B | 64.73 | 13.26% | ― | 56.71% | ― | |
63 Neutral | $6.66B | -14.66 | -49.23% | ― | -100.00% | -46.29% | |
56 Neutral | $4.51B | -9.39 | -71.31% | ― | ― | -259.98% | |
53 Neutral | $8.15B | -14.28 | -68.16% | ― | ― | -1.22% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
46 Neutral | $4.12B | -19.48 | -29.80% | ― | -52.13% | 3.91% |
* Healthcare Sector Average
NAMS
NewAmsterdam Pharma Company
35.26
13.09
59.04%
VKTX
Viking Therapeutics
38.86
7.23
22.86%
XENE
Xenon
68.92
36.32
111.41%
KNSA
Kiniksa Pharmaceuticals
63.44
34.64
120.28%
IMVT
Immunovant
39.71
21.12
113.61%
NewAmsterdam Pharma Company Corporate Events
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
NewAmsterdam Shareholders Approve ESPP and Governance Proposals
Positive
Jun 3, 2026
On June 2, 2026, NewAmsterdam Pharma held its annual general meeting of shareholders in Amsterdam, where investors approved the 2026 Employee Stock Purchase Plan allowing eligible staff to buy ordinary shares at a 15% discount to the lower market ...
Executive/Board Changes
NewAmsterdam Pharma Announces Chief Accounting Officer Transition Agreement
Neutral
Apr 24, 2026
On April 20, 2026, NewAmsterdam Pharma Company N.V. and Chief Accounting Officer Louise Kooij agreed that her employment would end effective August 31, 2026, and on April 24, 2026, they executed a separation agreement detailing her departure terms...
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.