Eledon Pharmaceuticals, Inc.

Eledon Pharmaceuticals, Inc.

ELDNยทNASDAQ

$3.53

+6.0%
HealthcareBiotechnology

Eledon Pharmaceuticals, Inc., clinical stage biopharmaceutical company, focuses on developing medicines for the patients living with autoimmune disease and amyotrophic lateral sclerosis (ALS), and requiring an organ or cell-based transplant. Its lead product candidate includes AT-1501, a humanized monoclonal antibody to target CD40 Ligand that is a molecule expressed on the surface of human immune system T cells, which is in Phase 2a clinical trials for the treatment of ALS, and Phase 2 clinical trials in islet cell transplantation for the treatment of type 1 diabetes. The company was formerly known as Novus Therapeutics, Inc. and changed its name to Eledon Pharmaceuticals, Inc. in January 2021. Eledon Pharmaceuticals, Inc. is headquartered in Irvine, California.

At a Glance

Live Snapshot
Market Cap$211.62M
EPS-0.5600
P/E Ratio-2.71
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -2.7).

Valuation inputs: P/E -2.7, earnings yield N/A, momentum +6.0%.

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

Driver

High confidence

Return profile is soft (ROE -33.4%, ROIC -37.9%).

Profitability stack: net margin 0.0%, ROE -33.4%, ROIC -37.9%.

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 +42.4%, momentum +6.0%, net margin 0.0%.

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

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Eledon Pharmaceuticals, Inc. Market vs Earnings Trajectory

ELDN ยท NASDAQ

Loading price and EPS data...

Eledon Pharmaceuticals, Inc.

Eledon Pharmaceuticals, Inc. Fair Value Envelope

ELDN ยท NASDAQ

Our analysis suggests that ELDN has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $3.53, this represents a potential HIDDEN relative to our calculated worth for Eledon Pharmaceuticals, Inc..

Intrinsic Value
Current Price: $3.53
3Y-91.0%
5Y-96.0%
10Y-100.0%

No Revenue Data

ELDN has not reported any revenue values in the available annual periods.

3Y-48.0%
5Y+100.0%
10Y+20.0%
3Y+119.0%
5Y+310.0%
10Y+71.0%
3Y+119.0%
5Y+310.0%
10Y+71.0%
3Y+156.0%
5Y+20.0%
10Y+698.0%
Eledon Pharmaceuticals, Inc.

Eledon Pharmaceuticals, Inc. Profit Bridge

ELDN ยท NASDAQ
Revenue0.00
Cost of Goods Sold (0.00)
Gross Profit0.00
Operating Expenses (83.25M)
Operating Income-83.25M
Interest Expense (0.00)
Other Income/Expense37.67M
Pretax Income-45.58M
Income Tax (35.00K)
Net Income-45.62M
Net Income
-45.62M

Profitability Analysis

No Gross Profit Margin Data

ELDN has not reported any gross profit margin values in the available annual periods.

No Operating Profit Margin Data

ELDN has not reported any operating profit margin values in the available annual periods.

No Net Profit Margin Data

ELDN has not reported any net profit margin values in the available annual periods.

-33.35%
Return on Equity
9%
3Y-68.0%
5Y+179.0%
10Y-76.0%
-19.20%
Return on Assets
-6%
3Y-80.0%
5Y+66.0%
10Y-85.0%
-37.91%
Return on Invested Capital
-11%
3Y-17.0%
5Y+466.0%
10Y-70.0%
ELDN

Eledon Pharmaceuticals, Inc. Cash Conversion Engine

ELDN ยท NASDAQ
Net Income-45.62M
Depreciation & Amortization0.00
Stock-Based Compensation10.45M
Change in Working Capital7.65M
Others-34.83M
Capital Expenditures0.00
Free Cash Flow-62.34M

Cash Flow Quality Analysis

FCF Conversion Rate

136.7%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

FCF Growth Trend

-31.9%

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

Working Capital Impact

+$7.65M

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

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Eledon Pharmaceuticals, Inc. Funding & Solvency Profile

ELDN ยท NASDAQ
Cash & Cash Equivalents6.15M
Net Receivables0.00
Inventory0.00
Other Current Assets2.48M
Total Current Assets114 M
Property, Plant & Equipment530.00K
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets32.56M
Total Non-Current Assets33 M
Total Assets
146.67M

Financial Health Analysis

Current Ratio

8.44x

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

Debt-to-Equity Ratio

0.46x

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

Working Capital

100 M

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

Asset Composition

77% 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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Eledon Pharmaceuticals, Inc. Street Expectations Map

ELDN ยท NASDAQ

Wall Street analysts project that ELDN stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 5.00, with estimates ranging from a low of 5.00 to a high of 5.00.

Lowest Target
5.00
41.64%
Consensus Target
5.00
41.64%
Highest Target
5.00
41.64%

The consensus 1-year price target stands at 5.00, with estimates ranging from a low of 5.00 to a high of 5.00.

Analyst Consensus Analysis

Upside Potential

+41.6%

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

Analyst Agreement

0.0% 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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Eledon Pharmaceuticals, Inc. Insider Positioning

ELDN ยท NASDAQ

During the last 12 months, insiders have purchased $125K worth of ELDN shares, with no selling activity reported.

3 Months

Bought

30.9K

124.71K

Sold

0

0.00

Net Activity

+125K

+$125K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
RJAJ

Robinson James A. Jr.

Director

30.9K sharesโ€ข1 transactions

$125K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $125K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Recent Trend (3 Months)

$125K

Very strong recent buying momentum. Recent insider purchases significantly outpace sales, suggesting near-term optimism.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

No Dividend Yield Data

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

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eldn Dividend History

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