Celldex Therapeutics, Inc.

Celldex Therapeutics, Inc.

CLDXยทNASDAQ

$29.77

-1.2%
HealthcareBiotechnology

Celldex Therapeutics, Inc., a biopharmaceutical company, engages in developing therapeutic monoclonal and bispecific antibodies for the treatment of various diseases. Its drug candidates include antibody-based therapeutics to treat patients with inflammatory diseases and various forms of cancer. The company's clinical development programs CDX-0159, a Phase I monoclonal antibody that binds the receptor tyrosine kinase KIT and inhibits its activity; CDX-1140, a human agonist monoclonal antibody targeted to CD40, a key activator of immune response, which is found on dendritic cells, macrophages, and B cells, as well as is expressed on various cancer cells; and CDX-527, a bispecific antibody, which uses the company's proprietary active anti-PD-L1 and CD27 human antibodies to couple CD27 costimulation with blockade of the PD-L1/PD-1 pathway to help prime and activate anti-tumor T cell responses through CD27 costimulation. The company has research collaboration and license agreements with University of Southampton to develop human antibodies towards CD27; Amgen Inc. with exclusive rights to CDX-301 and CD40 ligand; and Yale University. Celldex Therapeutics, Inc. was incorporated in 1983 and is headquartered in Hampton, New Jersey.

At a Glance

Live Snapshot
Market Cap$1.98B
EPS-3.9000
P/E Ratio-7.63
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -7.6).

Valuation inputs: P/E -7.6, earnings yield N/A, momentum -1.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -49.1%, ROIC -53.9%).

Profitability stack: net margin -172.5%, ROE -49.1%, ROIC -53.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +9.6%, momentum -1.2%, net margin -172.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Celldex Therapeutics, Inc. Market vs Earnings Trajectory

CLDX ยท NASDAQ

Loading price and EPS data...

Celldex Therapeutics, Inc.

Celldex Therapeutics, Inc. Fair Value Envelope

CLDX ยท NASDAQ

Our analysis suggests that CLDX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $29.77, this represents a potential HIDDEN relative to our calculated worth for Celldex Therapeutics, Inc..

Intrinsic Value
Current Price: $29.77
3Y+62.0%
5Y+93.0%
10Y-79.0%
3Y-36.0%
5Y-80.0%
10Y-78.0%
3Y+130.0%
5Y+333.0%
10Y+101.0%
3Y+103.0%
5Y+422.0%
10Y+87.0%
3Y+102.0%
5Y+409.0%
10Y+85.0%
3Y+65.0%
5Y+147.0%
10Y+52.0%
Celldex Therapeutics, Inc.

Celldex Therapeutics, Inc. Profit Bridge

CLDX ยท NASDAQ
Revenue1.50M
Cost of Goods Sold (0.00)
Gross Profit1.50M
Operating Expenses (288.90M)
Operating Income-287.40M
Interest Expense (0.00)
Other Income/Expense28.60M
Pretax Income-258.80M
Income Tax (0.00)
Net Income-258.80M
Net Income
-258.80M

Profitability Analysis

Gross Margin

100.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-19160.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-17253.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

100.00%
Gross Profit Margin
-104%
3Y-103.0%
5Y-121.0%
10Y-107.0%
-19160.00%
Operating Profit Margin
589%
3Y+292.0%
5Y+2143.0%
10Y+878.0%
-17253.33%
Net Profit Margin
667%
3Y+262.0%
5Y+2041.0%
10Y+811.0%
-49.09%
Return on Equity
132%
3Y+43.0%
5Y+72.0%
10Y+1.0%
-44.39%
Return on Assets
123%
3Y+39.0%
5Y+75.0%
10Y+32.0%
-53.87%
Return on Invested Capital
108%
3Y+57.0%
5Y+93.0%
10Y+41.0%
CLDX

Celldex Therapeutics, Inc. Cash Conversion Engine

CLDX ยท NASDAQ
Net Income-258.76M
Depreciation & Amortization-2.48M
Stock-Based Compensation36.22M
Change in Working Capital14.06M
Others12.00K
Capital Expenditures-2.71M
Free Cash Flow-213.66M

Cash Flow Quality Analysis

FCF Conversion Rate

82.6%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

-1.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-33.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$14.06M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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Celldex Therapeutics, Inc. Funding & Solvency Profile

CLDX ยท NASDAQ
Cash & Cash Equivalents35.73M
Net Receivables230.00K
Inventory0.00
Other Current Assets7.53M
Total Current Assets459 M
Property, Plant & Equipment9.41M
Goodwill & Intangible Assets27.19M
Long-Term Investments0.00
Other Non-Current Assets15.43M
Total Non-Current Assets25 M
Total Assets
511.25M

Financial Health Analysis

Current Ratio

8.92x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.12x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

408 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

90% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Celldex Therapeutics, Inc. Street Expectations Map

CLDX ยท NASDAQ

Wall Street analysts project that CLDX stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 51.00, with estimates ranging from a low of 48.00 to a high of 54.00.

Lowest Target
48.00
61.24%
Consensus Target
51.00
71.31%
Highest Target
54.00
81.39%

The consensus 1-year price target stands at 51.00, with estimates ranging from a low of 48.00 to a high of 54.00.

Analyst Consensus Analysis

Upside Potential

+71.3%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

11.8% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Celldex Therapeutics, Inc. Insider Positioning

CLDX ยท NASDAQ

During the last 12 months, insiders have sold $1.31M worth of CLDX shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

53.5K

1.30M

Net Activity

-1.3M

-$1.30M

9-12 Months

Bought

0

0.00

Sold

341

8.17K

Net Activity

-8K

-$8K

Top Buyers

No buying activity

Top Sellers

1
WRM

Wright Richard M.

Other: Former Officer

49.3K sharesโ€ข1 transactions

$1.18M

2
JFA

Jimenez Freddy A.

Officer: Svp & General Counsel

4.5K sharesโ€ข2 transactions

$129K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.31M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

2 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

No Dividend Yield Data

CLDX has not reported any dividend yield values in the available annual periods.

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cldx Dividend History

CLDX
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%