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Healthcare - Biotechnology - NASDAQ - US
$ 7.25
-2.16 %
$ 424 M
Market Cap
-2.61
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CGEM stock under the worst case scenario is HIDDEN Compared to the current market price of 7.25 USD, Cullinan Oncology, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CGEM stock under the base case scenario is HIDDEN Compared to the current market price of 7.25 USD, Cullinan Oncology, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CGEM stock under the best case scenario is HIDDEN Compared to the current market price of 7.25 USD, Cullinan Oncology, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CGEM

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$18.0$18.0$16.0$16.0$14.0$14.0$12.0$12.0$10.0$10.0$8.0$8.0$6.0$6.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
0 REVENUE
0.00%
-191 M OPERATING INCOME
-132.11%
-168 M NET INCOME
-9.41%
-145 M OPERATING CASH FLOW
-8.21%
-136 M INVESTING CASH FLOW
-380.70%
266 M FINANCING CASH FLOW
553.21%
0 REVENUE
0.00%
-55 M OPERATING INCOME
-12.68%
-47.6 M NET INCOME
-17.47%
-36.6 M OPERATING CASH FLOW
-7.28%
16 M INVESTING CASH FLOW
-19.69%
1.58 M FINANCING CASH FLOW
19.40%
Balance Sheet Cullinan Oncology, Inc.
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Current Assets 415 M
Cash & Short-Term Investments 399 M
Receivables 0
Other Current Assets 15.7 M
Non-Current Assets 207 M
Long-Term Investments 204 M
PP&E 2.35 M
Other Non-Current Assets 366 K
64.16 %32.88 %Total Assets$621.8m
Current Liabilities 30.6 M
Accounts Payable 1.68 M
Short-Term Debt 1.3 M
Other Current Liabilities 27.7 M
Non-Current Liabilities 849 K
Long-Term Debt 849 K
Other Non-Current Liabilities 0
5.34 %4.13 %87.83 %Total Liabilities$31.5m
EFFICIENCY
Earnings Waterfall Cullinan Oncology, Inc.
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Revenue 0
Cost Of Revenue 310 K
Gross Profit -310 K
Operating Expenses 191 M
Operating Income -191 M
Other Expenses -23.5 M
Net Income -168 M
00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)(160m)(160m)(180m)(180m)(200m)(200m)0(310k)(310k)(191m)(191m)24m(168m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
0.00% ROE
0.00%
0.00% ROA
0.00%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cullinan Oncology, Inc.
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00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)(120m)(120m)(140m)(140m)(160m)(160m)20192019202020202021202120222022202320232024202420252025
Net Income -168 M
Depreciation & Amortization 306 K
Capital Expenditures 0
Stock-Based Compensation 37.8 M
Change in Working Capital -389 K
Others -15 M
Free Cash Flow -145 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cullinan Oncology, Inc.
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Wall Street analysts predict an average 1-year price target for CGEM of $32 , with forecasts ranging from a low of $28 to a high of $38 .
CGEM Lowest Price Target Wall Street Target
28 USD 286.21%
CGEM Average Price Target Wall Street Target
32 USD 341.38%
CGEM Highest Price Target Wall Street Target
38 USD 424.14%
Price
Max Price Target
Min Price Target
Average Price Target
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4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 16
6. Ownership
Insider Ownership Cullinan Oncology, Inc.
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Sold
0-3 MONTHS
213 K USD 4
3-6 MONTHS
465 K USD 4
6-9 MONTHS
145 K USD 1
9-12 MONTHS
1.93 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Cullinan Therapeutics Provides Corporate Update and Reports Fourth Quarter and Full Year 2024 Financial Results Initial clinical data from global Phase 1 study of CLN-978 in Systemic Lupus Erythematosus (SLE) expected in Q4 2025; CLN-978 remains the first and only development-stage CD19 T cell engager in an autoimmune disease clinical trial in the U.S. Zipalertinib pivotal Phase 2b study met primary endpoint; full results mid-year 2025 and NDA submission planned H2 2025, pending regulatory discussions Cash and investments of $606.9 million as of December 31, 2024, continues to provide runway into 2028 CAMBRIDGE, Mass., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM; “Cullinan”), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today reported recent and anticipated business highlights and announced its financial results for the fourth quarter and full year ended December 31, 2024. globenewswire.com - 1 month ago
Cullinan Therapeutics to Participate in Upcoming Investor Conferences CAMBRIDGE, Mass., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM; “Cullinan”), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced its participation in the following upcoming investor conferences: Nadim Ahmed, Chief Executive Officer, and Jeffrey Jones, M.D. globenewswire.com - 1 month ago
Cullinan Therapeutics' CLN-978 And Zipalertinib Look Promising In NSCLC Cullinan Therapeutics focuses on unaddressed or unmet needs in oncology and autoimmune conditions. In particular, Zipalertinib and CLN-978 stand out as its most promising product candidates. Zipalertinib targets a tiny niche in the large NSCLC market. Management expects to report its Phase 2b results by mid-2025. Similarly, CLN-978 is a first-in-class T-cell engager targeting SLE and RA. It can also potentially be expanded into other B-cell-mediated indications eventually. seekingalpha.com - 3 months ago
Cullinan Therapeutics: Casting A Wide Net With Their Pipeline Cullinan Therapeutics is a multifocal biotech with promising programs in precision medicine and immunotherapy, despite recent market sentiment declines. Zipalertinib shows potential in treating exon 20 insertion mutation-positive NSCLC, with a 40% objective response rate in early phase trials. CGEM has a strong financial position with cash reserves projected to fund operations into 2028, reducing the need for immediate equity raises. seekingalpha.com - 3 months ago
Cullinan Therapeutics Announces Preclinical Data for CLN-978, a CD19-directed T Cell Engager, to be Presented at ACR Convergence 2024 Cullinan will present new in vitro preclinical data that provide further strong rationale for broad clinical development of CLN-978 in autoimmune diseases globenewswire.com - 5 months ago
Cullinan Therapeutics to Participate in Fireside Chat at Stifel 2024 Healthcare Conference CAMBRIDGE, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM; “Cullinan”), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced that Nadim Ahmed, Chief Executive Officer, and Jeffrey Jones, M.D., M.B.A., Chief Medical Officer, will participate in a fireside chat at the Stifel 2024 Healthcare Conference, being held in New York on November 18 and 19, 2024. globenewswire.com - 5 months ago
Cullinan Therapeutics to Present Preclinical Data for CLN-978, a CD19-directed T Cell Engager, at ACR Convergence 2024 CAMBRIDGE, Mass., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced the upcoming presentation of preclinical data for CLN-978, a novel CD19xCD3 bispecific T cell engager, at American College of Rheumatology (ACR) Convergence 2024, taking place in Washington, D.C. from November 14-19, 2024. globenewswire.com - 5 months ago
Cullinan Therapeutics Receives U.S. FDA Clearance of Investigational New Drug Application for CLN-978 Administered Subcutaneously in Patients with Moderate to Severe Systemic Lupus Erythematosus CLN-978 is the first development stage CD19 T cell engager to receive U.S. FDA IND clearance in autoimmune diseases CAMBRIDGE, Mass., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced that the U.S. Food and Drug Administration (FDA) cleared the Company's Investigational New Drug (IND) Application for CLN-978 and its global Phase 1 clinical trial may proceed in the U.S. to assess CLN-978 in patients with moderate to severe systemic lupus erythematosus (SLE). globenewswire.com - 6 months ago
Cullinan Therapeutics Receives Approval to Initiate its Global Phase 1 Clinical Trial of CLN-978 for the Treatment of Systemic Lupus Erythematosus Phase 1 clinical trial is designed to assess the safety, pharmacokinetics and initial clinical activity of CLN-978 for patients with systemic lupus erythematosus globenewswire.com - 7 months ago
Cullinan Therapeutics Presents Positive Updated Data from Module C of Zipalertinib Pivotal Phase 2b Study at ESMO 2024 Updated data show consistent objective response rate of 40% and manageable safety profile in patients with non-small cell lung cancer harboring epidermal growth factor receptor exon 20 insertion mutations treated with zipalertinib who progressed on or after prior amivantamab treatment globenewswire.com - 7 months ago
Cullinan Therapeutics to Participate in Upcoming Investor Conferences CAMBRIDGE, Mass., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Cullinan Therapeutics, Inc. (Nasdaq: CGEM; “Cullinan”), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced its participation in the following upcoming investor conferences: globenewswire.com - 7 months ago
8. Profile Summary

Cullinan Oncology, Inc. CGEM

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 424 M
Dividend Yield 0.00%
Description Cullinan Oncology Inc., a biopharmaceutical company, focuses on developing a pipeline of targeted oncology and immuno-oncology therapies for cancer patients in the United States. The company's lead candidate is the CLN-081, an orally available small molecule that is in a Phase I/IIa dose escalation and expansion trial for treating patients with non-small cell lung cancer. Its preclinical products include CLN-049, a humanized bispecific antibody for the treatment of acute myeloid leukemia; CLN-619, a monoclonal antibody for the treatment of solid tumors; CLN-617, a fusion protein for the treatment of solid tumors; CLN-978, a T cell engaging antibody for B-cell malignancies; Opal, a bispecific fusion protein to block the PD-1 axis, and to activate the 4-IBB/CD137 pathway on T cells in tumors; and Jade, a cell therapy to target a novel senescence and cancer-related protein. The company has collaboration agreements with Cullinan Pearl Corp. to develop, manufacture, and commercialize CLN-081 and products containing CLN-081; and Adimab, LLC to discover and/or optimize antibodies. Cullinan Oncology, Inc. was incorporated in 2016 and is headquartered in Cambridge, Massachusetts.
Contact One Main Street, Cambridge, MA, 02142 https://www.cullinanoncology.com
IPO Date Jan. 8, 2021
Employees 111
Officers Ms. Mary Kay Fenton CPA Chief Financial Officer Mr. Nadim Ahmed President, Chief Executive Officer & Director Ms. Jacquelyn L. Sumer J.D. Chief Legal Officer, Chief Compliance Officer & Corporate Secretary Mr. Steve Andre Chief Human Resources Officer Dr. Patrick A. Baeuerle Ph.D. Co-Founder, Chief Scientific Advisor & Chairman of Scientific Advisory Board Mr. Kevin A. Johnston Chief Technical Operations Officer Ms. Rose Weldon Senior Vice President of Corporate Affairs Dr. Corinne Savill Ph.D. Chief Business Officer Dr. Jennifer Michaelson Ph.D. Chief Scientific Officer Dr. Jeffrey Jones M.B.A., M.D., M.P.H. Chief Medical Officer