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Rallybio (RLYB)
NASDAQ:RLYB
US Market
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Rallybio (RLYB) AI Stock Analysis

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RLYB

Rallybio

(NASDAQ:RLYB)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
$16.50
▲(1.16% Upside)
Action:Reiterated
Date:08/06/26
The score is held down primarily by weak underlying financial performance (minimal revenue and ongoing operating losses with historically significant cash burn, despite low leverage). Offsetting factors include a constructive technical trend (price above key moving averages with neutral-to-supportive momentum) and a meaningful corporate catalyst (Avenzo merger and $215M financing extending runway), while valuation remains challenged due to negative earnings and no dividend data.
Positive Factors
Balance sheet strength (low leverage)
Near-zero debt meaningfully reduces refinancing and interest-rate risk and preserves financial optionality. For a pre-commercial biotech this durable conservatism supports continued R&D spending or opportunistic partnering/M&A without being constrained by interest obligations.
Negative Factors
Very low revenue and negative operating margins
Rallybio remains pre-commercial with minimal revenue and structurally negative EBIT driven by heavy R&D. Persistent operating losses limit internal funding capacity, necessitate external capital for development, and represent a continuing drag on returns until successful commercialization or asset monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength (low leverage)
Near-zero debt meaningfully reduces refinancing and interest-rate risk and preserves financial optionality. For a pre-commercial biotech this durable conservatism supports continued R&D spending or opportunistic partnering/M&A without being constrained by interest obligations.
Read all positive factors

Rallybio (RLYB) vs. SPDR S&P 500 ETF (SPY)

Rallybio Business Overview & Revenue Model

Company Description
Rallybio Corporation is a clinical-stage biotechnology firm dedicated to discovering and bringing to market transformative therapies for individuals facing severe and uncommon illnesses. Its most advanced therapeutic candidate, RLYB212, is a monoc...
How the Company Makes Money
null...

Rallybio Financial Statement Overview

Summary
Core performance remains weak for a pre-commercial biotech: very low TTM revenue (~$0.6M), large operating losses (TTM EBIT ~-$23.7M), and structurally negative margins. Balance sheet is a relative positive with near-zero debt, but equity has declined materially over time, and cash flow—despite a TTM positive OCF/FCF—appears volatile and hard to rely on while EBIT/EBITDA remain negative.
Income Statement
26
Negative
Balance Sheet
63
Positive
Cash Flow
35
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue646.00K858.00K636.00K0.000.000.00
Gross Profit-7.16M766.00K-38.87M-150.00K0.00-109.00K
EBITDA26.96M-27.97M-60.37M-78.78M-67.72M-45.39M
Net Income45.55M-8.98M-57.77M-74.56M-66.65M-47.01M
Balance Sheet
Total Assets98.06M62.26M68.11M115.62M180.44M182.19M
Cash, Cash Equivalents and Short-Term Investments92.85M54.74M65.51M109.93M168.99M175.33M
Total Debt0.00176.00K154.00K392.00K555.00K0.00
Total Liabilities3.57M4.30M6.45M9.44M11.12M6.58M
Stockholders Equity94.50M57.96M61.65M106.18M169.32M175.60M
Cash Flow
Free Cash Flow26.34M-29.81M-49.28M-60.28M-57.34M-45.87M
Operating Cash Flow26.34M-29.81M-49.28M-60.27M-57.28M-45.53M
Investing Cash Flow56.55M47.27M33.49M27.66M-112.17M-2.33M
Financing Cash Flow150.00K16.00K5.20M143.00K51.08M82.97M

Rallybio Technical Analysis

Technical Analysis Sentiment
Positive
Last Price16.31
Price Trends
50DMA
16.17
Positive
100DMA
14.00
Positive
200DMA
10.12
Positive
Market Momentum
MACD
0.23
Negative
RSI
54.28
Neutral
STOCH
55.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RLYB, the sentiment is Positive. The current price of 16.31 is below the 20-day moving average (MA) of 16.40, above the 50-day MA of 16.17, and above the 200-day MA of 10.12, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 54.28 is Neutral, neither overbought nor oversold. The STOCH value of 55.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for RLYB.

Rallybio Risk Analysis

Rallybio disclosed 82 risk factors in its most recent earnings report. Rallybio reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Rallybio Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
54
Neutral
$90.28M2.0968.56%-15.11%
52
Neutral
$17.50M-0.28-67.42%57.48%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
48
Neutral
$6.01M-0.38-281.30%90.37%
46
Neutral
$22.75M-1.83-109.94%91.38%
45
Neutral
$11.14M-0.033114.17%85.06%
42
Neutral
$4.92M-0.01-198.50%99.41%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
RLYB
Rallybio
16.60
11.85
249.33%
MBRX
Moleculin Biotech
0.59
-14.33
-96.04%
APVO
Aptevo Therapeutics
2.76
-34.50
-92.59%
CTXR
Citius Pharmaceuticals
0.60
-0.63
-51.30%
PCSA
Processa Pharmaceuticals
2.15
-3.03
-58.59%
ALLR
Allarity Therapeutics
1.43
0.55
62.50%

Rallybio Corporate Events

Business Operations and StrategyExecutive/Board ChangesM&A TransactionsPrivate Placements and Financing
Rallybio to Merge with Avenzo, Shifting to Oncology
Positive
Jun 1, 2026
On May 31, 2026, Rallybio agreed to acquire Avenzo Therapeutics in an all-stock merger that will leave Avenzo shareholders and new private investors owning about 97.2% of the combined company, while existing Rallybio holders will retain roughly 2....
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.Date of analysis: Aug 06, 2026