CUE - Cue Biopharma, Inc. Stock Analysis | Stock Taper
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Cue Biopharma, Inc.

CUE

Cue Biopharma, Inc. NASDAQ
$0.62 -15.06% (-0.11)

Market Cap $48.50 M
52w High $1.03
52w Low $0.17
P/E -2.20
Volume 10.86M
Outstanding Shares 78.84M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $21.94M $16.78M $1.58M 7.22% $0.01 $3.14M
Q3-2025 $2.15M $9.61M $-7.45M -346.58% $-0.07 $-7.29M
Q2-2025 $2.95M $11.59M $-8.48M -287.14% $-0.09 $-7.64M
Q1-2025 $421K $12.72M $-12.26M -2.91K% $-0.17 $-11.25M
Q4-2024 $1.58M $11.21M $-9.5M -602.54% $-0.13 $-9.24M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $27.14M $42.21M $15.78M $26.43M
Q3-2025 $18.67M $31.64M $18.4M $13.25M
Q2-2025 $27.96M $40.71M $22.55M $18.16M
Q1-2025 $13.14M $22.25M $15.67M $6.58M
Q4-2024 $23.39M $32.19M $14.69M $17.5M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $1.58M $-1.08M $7.02M $9.49M $15.44M $-1.08M
Q3-2025 $-7.45M $-9.02M $-6.77M $1K $-15.79M $-9.02M
Q2-2025 $-8.48M $-3.42M $-27K $17.8M $14.36M $-3.44M
Q1-2025 $-12.26M $-8.17M $-150K $-1M $-9.32M $-8.32M
Q4-2024 $-9.5M $-9.03M $-1K $-932K $-9.96M $-9.03M

Q2 2024 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Cue Biopharma, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Key strengths include a differentiated immunotherapy platform that targets T cells in a highly selective, in‑vivo manner; a substantial commitment to R&D; and a growing body of intellectual property. Financially, the balance sheet currently benefits from a net cash position, low debt, and adequate short‑term liquidity, which provide some room to pursue the pipeline. Strategic partnerships with larger pharmaceutical companies further support development efforts and validate the scientific approach.

! Risks

Major risks center on sustained operating losses, ongoing negative free cash flow, and the need for repeated access to external financing or partnership money to stay funded. Scientifically, there is meaningful uncertainty around whether current and future candidates will demonstrate consistent efficacy and safety in larger trials. Competitive and execution risks are also significant: the company operates against powerful incumbents, depends heavily on partners, and has flagged concerns about its ability to continue as a going concern without additional capital or successful deals.

Outlook

The outlook is highly dependent on clinical milestones, partnership progress, and financing conditions rather than on near‑term financial metrics. If the autoimmune and oncology programs yield strong data and the company continues to secure supportive partnerships and funding, CUE could strengthen its position as a notable player in targeted immunotherapy. Conversely, weak trial results, partner setbacks, or constrained capital markets could weigh heavily on its ability to advance the pipeline, making the future path both promising and uncertain.