Cognition Therapeutics, Inc.

Cognition Therapeutics, Inc.

CGTXยทNASDAQ

$1.42

+14%
HealthcareBiotechnology

Cognition Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of small molecule therapeutics targeting age-related degenerative diseases and disorders of the central nervous system and retina. Its lead product candidate is CT1812, a sigma-2 receptor antagonist, which is in Phase II clinical trial for the treatment of mild-to-moderate Alzheimer's disease, as well as has completed Phase I clinical trial to treat early-stage Alzheimer's disease; in Phase II clinical trial for the treatment of dementia with Lewy bodies (DLB); and in preclinical trial to treat dry age-related macular degeneration (AMD). The company is also developing CT2168 for the treatment of synucleinopathies, which include DLB and Parkinson's disease; and CT2074 to treat dry AMD. Cognition Therapeutics, Inc. was incorporated in 2007 and is headquartered in Purchase, New York.

At a Glance

Live Snapshot
Market Cap$104.49M
EPS-0.3200
P/E Ratio-4.44
Earnings Date08/06/2026
Cognition Therapeutics, Inc.

Cognition Therapeutics, Inc. Fair Value Envelope

CGTX ยท NASDAQ

Our analysis suggests that CGTX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.42, this represents a potential HIDDEN relative to our calculated worth for Cognition Therapeutics, Inc..

Intrinsic Value
Current Price: $1.42

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$329.1M
+ Cash & Equivalents$36.8M
Firm Value-$292.3M
- Debt$638.0K
Equity Value-$293.0M
/ Shares Outstanding73,582,191B
DCF Value-$4
OVERVALUED BY 380%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$27.9M
-$31.8M
-$36.1M
-$41.0M
-$46.6M
-$53.0M
-$60.3M
-$68.5M
-$77.8M
-$88.5M
Maintenance CapEx
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
-$0
Owner Earnings
-$27.9M
-$31.8M
-$36.1M
-$41.0M
-$46.6M
-$53.0M
-$60.3M
-$68.5M
-$77.8M
-$88.5M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$25.9M
-$27.2M
-$28.7M
-$30.2M
-$31.7M
-$33.4M
-$35.2M
-$37.0M
-$38.9M
-$41.0M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.