MB

MBX Biosciences, Inc. Common Stock

MBX·NASDAQ

$30.05

-2.1%
HealthcareBiotechnology

MBX Biosciences, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery and development of precision peptide therapies for the treatment of endocrine and metabolic disorders. Its lead product candidate is MBX 2109, a parathyroid hormone peptide prodrug, which is in Phase 2 clinical trial designed as a potential long-acting hormone replacement therapy for the treatment of chronic hypoparathyroidism. The company is also developing MBX 1416, a long-acting glucagon-like peptide-1 (GLP-1) receptor antagonist that is in Phase 1 clinical trial designed as a potential therapy for post-bariatric hypoglycemia, a chronic complication of bariatric surgery. In addition, it is developing MBX 4291, a lead obesity product candidate, which is in investigational new drug-enabling studies designed as a long-acting and highly potent GLP-1 and glucose-dependent insulinotropic polypeptide receptor co-agonist prodrug for treating obesity and co-morbidities. The company was founded in 2018 and is based in Carmel, Indiana.

At a Glance

Live Snapshot
Market Cap$1.01B
EPS-2.3800
P/E Ratio-12.63
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -12.6).

Valuation inputs: P/E -12.6, earnings yield N/A, momentum -2.1%.

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

Driver

High confidence

Return profile is soft (ROE -23.6%, ROIC -26.5%).

Profitability stack: net margin 0.0%, ROE -23.6%, ROIC -26.5%.

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 +4.1%, momentum -2.1%, net margin 0.0%.

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

m

MBX Biosciences, Inc. Common Stock Market vs Earnings Trajectory

MBX · NASDAQ

Loading price and EPS data...

MB

MBX Biosciences, Inc. Common Stock Fair Value Envelope

MBX · NASDAQ

Our analysis suggests that MBX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $30.05, this represents a potential HIDDEN relative to our calculated worth for MBX Biosciences, Inc. Common Stock.

Intrinsic Value
Current Price: $30.05
3Y+190.0%
5Y+190.0%
10Y+190.0%

No Revenue Data

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

3Y+233.0%
5Y+233.0%
10Y+233.0%
3Y+246.0%
5Y+246.0%
10Y+246.0%
3Y+247.0%
5Y+247.0%
10Y+247.0%
3Y+754.0%
5Y+754.0%
10Y+754.0%
MB

MBX Biosciences, Inc. Common Stock Profit Bridge

MBX · NASDAQ
Revenue0.00
Cost of Goods Sold (248.00K)
Gross Profit-248.00K
Operating Expenses (98.06M)
Operating Income-98.06M
Interest Expense (0.00)
Other Income/Expense11.08M
Pretax Income-86.97M
Income Tax (0.00)
Net Income-86.97M
Net Income
-86.97M

Profitability Analysis

No Gross Profit Margin Data

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

No Operating Profit Margin Data

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

No Net Profit Margin Data

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

-23.56%
Return on Equity
-2%
3Y-138.0%
5Y-138.0%
10Y-138.0%
-22.58%
Return on Assets
-2%
3Y-61.0%
5Y-61.0%
10Y-61.0%
-26.51%
Return on Invested Capital
3Y-56.0%
5Y-56.0%
10Y-56.0%
M

MBX Biosciences, Inc. Common Stock Cash Conversion Engine

MBX · NASDAQ
Net Income-86.97M
Depreciation & Amortization-3.61M
Stock-Based Compensation8.68M
Change in Working Capital1.57M
Others381.00K
Capital Expenditures-1.93M
Free Cash Flow-81.88M

Cash Flow Quality Analysis

FCF Conversion Rate

94.1%

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

CapEx Intensity

-2.4%

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

FCF Growth Trend

-47.4%

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

Working Capital Impact

+$1.57M

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

m

MBX Biosciences, Inc. Common Stock Funding & Solvency Profile

MBX · NASDAQ
Cash & Cash Equivalents45.21M
Net Receivables0.00
Inventory0.00
Other Current Assets8.56M
Total Current Assets449 M
Property, Plant & Equipment3.59M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets579.00K
Total Non-Current Assets4 M
Total Assets
452.70M

Financial Health Analysis

Current Ratio

30.79x

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

Debt-to-Equity Ratio

0.03x

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

Working Capital

434 M

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

Asset Composition

99% 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.

m

MBX Biosciences, Inc. Common Stock Street Expectations Map

MBX · NASDAQ

Wall Street analysts project that MBX stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 60.33, with estimates ranging from a low of 18.00 to a high of 88.00.

Lowest Target
18.00
-40.10%
Consensus Target
60.33
100.77%
Highest Target
88.00
192.85%

The consensus 1-year price target stands at 60.33, with estimates ranging from a low of 18.00 to a high of 88.00.

Analyst Consensus Analysis

Upside Potential

+100.8%

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

Analyst Agreement

116.0% spread

High uncertainty. Very wide target spread indicates significant disagreement among analysts—major valuation uncertainty or transformation underway.

Risk-Reward Profile

4.81x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuation—proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

m

MBX Biosciences, Inc. Common Stock Insider Positioning

MBX · NASDAQ

During the last 12 months, insiders have purchased $16.13M and sold $2.14M worth of MBX shares, resulting in $14.00M of net buying activity.

3 Months

Bought

18.5K

525.66K

Sold

55.8K

2.14M

Net Activity

-1.6M

-$1.61M

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

989.5K

15.61M

Sold

0

0.00

Net Activity

+15.6M

+$15.61M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
HPJ

Heron Patrick J

Director, 10 Percent Owner:

666.7K shares1 transactions

$12.00M

2
HSL

Hoerter Steven L.

Director

120.0K shares2 transactions

$2.74M

3
HPK

Hawryluk P. Kent

Director, Officer: President & Ceo

221.4K shares3 transactions

$1.39M

Top Sellers

1
AS

Azoulay Salomon

Officer: Chief Medical Officer

55.2K shares2 transactions

$2.12M

2
HPK

Hawryluk P. Kent

Director, Officer: President & Ceo

607 shares1 transactions

$18K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $14.00M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

7.55:1

Exceptional buy/sell ratio. Buying dramatically outweighs selling—one of the strongest possible insider signals.

Recent Trend (3 Months)

$1.61M

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

Moderate Buying

3 insider buyers vs. 2 sellers. More insiders buying than selling indicates positive sentiment.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.

No Dividend Yield Data

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

 

mbx Dividend History

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