SION
Next earnings: Aug 10, 2026 · Before open
Signal
Bearish Setup1
Price
1
Move-5.96%Selling pressure
Volume
1
Volume0.8× avgNormal activity
PRICE
Prev Close
42.77
Open
41.87
Day Range40.07 – 42.55
40.07
42.55
52W Range12.42 – 48.45
12.42
48.45
77% of range
VOLUME & SIZE
Avg Volume
361.6K
FUNDAMENTALS
P/E Ratio
-21.6x
Not profitable
EPS (TTM)
Div Yield
No dividend
Performance
1D
-0.81%
5D
-2.64%
1M
-1.22%
3M
+13.99%
6M
+15.59%
YTD
+3.96%
1Y
+256.42%
Best: 1Y (+256.42%)Worst: 5D (-2.64%)
Quick Read
TrendInsufficient MA data
Momentum
BEARISH
thin 0% gross margin
Valuation
FAIR
P/E not available
Health
MODERATE
CR 22.6 · FCF negative
Neutral
Key MetricsTTM
Market Cap$1.82B
Revenue TTM$0.00
Net Income TTM-$85.56M
Free Cash Flow-$72.14M
Gross Margin0.0%
Net Margin0.0%
Operating Margin0.0%
Return on Equity-27.3%
Return on Assets-28.1%
Debt / Equity0.03
Current Ratio22.60
EPS TTM$-1.90
Alpha SignalsFull Analysis →
What Moves This Stock

Clinical trial data releases - Phase 2/3 efficacy and safety readouts for lead tissue-targeted programs

FDA regulatory milestones - IND clearances, Fast Track designations, breakthrough therapy status, or approval decisions

Strategic partnerships or licensing deals with large pharmaceutical companies that validate platform technology

Capital raises and cash runway updates - dilution concerns versus funding adequacy for trial completion

Macro Sensitivity
Economic Cycle

low - Pre-revenue biotechs are largely insulated from GDP fluctuations as they generate no sales. However, severe recessions can impact: (1) ability to raise capital as risk appetite contracts, (2) partnership deal flow as pharma companies conserve cash, and (3) clinical trial enrollment if patients defer elective participation. The 91% one-year return suggests strong risk-on sentiment has benefited the stock.

Interest Rates

High sensitivity through multiple channels: (1) Valuation compression - biotech NPV models are extremely duration-sensitive; rising discount rates heavily penalize distant cash flows from potential 2028+ product launches. (2) Opportunity cost - higher risk-free rates make speculative pre-revenue equities less attractive versus bonds. (3) Capital availability - tighter monetary policy reduces venture/growth capital for follow-on financings. The negative EBITDA and -20.8% ROA mean the company is purely a call option on clinical success, making it highly rate-sensitive.

Key Risks

Binary clinical trial risk - Single negative Phase 2/3 readout could eliminate 50-80% of market value overnight, as pre-revenue biotechs trade almost entirely on probability-weighted pipeline value

Regulatory pathway uncertainty - FDA requirements for tissue-targeted therapies may evolve, potentially requiring larger/longer trials than anticipated, extending time-to-market and capital requirements

Reimbursement landscape shifts - Payer willingness to cover premium-priced specialty therapies faces increasing scrutiny; IRA drug pricing provisions effective 2026 create long-term pricing pressure

Investor Profile

growth/momentum - The 91% one-year return and 84% six-month return attract momentum traders and aggressive growth investors willing to accept binary clinical risk for asymmetric upside. Pre-revenue biotechs appeal to: (1) specialized healthcare hedge funds with scientific diligence capabilities, (2) venture-style public equity investors, (3) retail speculators chasing clinical catalysts. Zero revenue and negative margins eliminate value and dividend investors entirely. The stock trades as a pure option on clinical/regulatory success.

Watch on Earnings
Clinical trial enrollment completion rates and database lock timing for lead programsQuarterly cash burn rate and operating expense trajectory - signals runway adequacyFDA regulatory feedback and guidance documents on tissue-targeted therapy development pathwaysCompetitive clinical trial results in overlapping indications (inflammatory bowel disease, pulmonary fibrosis, rheumatoid arthritis)
Health Radar
3 strong3 concern
43/100
Liquidity
22.60Strong
Leverage
0.03Strong
Coverage
0.0xConcern
ROE
-27.3%Concern
ROIC
-33.4%Concern
Cash
$58MStrong
ANALYST COVERAGE4 analysts
BUY
+28.0%upside to target
L $24.00
Med $51.50consensus
H $58.00
Buy
375%
Sell
125%
3 Buy (75%)0 Hold (0%)1 Sell (25%)
Full report →
Stock Health
Composite Score
3 of 4 signals bullish
8/10
Volume
Volume FlowAccumulation — institutional buying
Fundamentals
Last EarningsMissed estimates
Analyst ConsensusBuy
LiquidityCurrent Ratio 22.60 — healthy liquidity

1 signal unavailable — limited data for this stock

Upcoming Events
EEarnings ReportMay 18, 2026
Tomorrow
DEx-Dividend DateAug 14, 2026
In 89 days
PDividend PaymentAug 31, 2026
In 106 days
Technicals
Market Position
Price Levels
52W High
$48.45+20.5%
Current
$40.22
52W Low
$12.42-69.1%
52-Week RangeNear 52-week high
$12.4277th %ile$48.45
Squeeze SetupVolume-based
Moderate Squeeze Setup

Accumulation pattern present — more buying days than selling over the past 20 sessions. Volume conditions support gradual price improvement.

20-Day Money Flow
Acc days:6
Dist days:4
Edge:+2 acc
Volume Context
Avg Vol (50D)398K
Recent Vol (5D)
468K+18%

Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.

Earnings & Analysts

ANALYST ESTIMATES

Consensus of 8 analysts
Analyst revisions:EPS↑ Revised Up

Analyst consensus estimates · Actuals replace estimates as reported

YearRevenue Est.Rev GthEPS Est.EPS GthRangeAnalysts
FY2025
$0-$2.00
±7%
High5
FY2026(current)
$0-$2.55
±21%
High7
FY2027
$3.0M
$3.0M$3.0M
-$2.80
±29%
High8
Range confidence:Tight (high)ModerateWide (low)
Earnings HistorySION
Last 6Q
-80.0%avg beat
Beat 3 of 6 quartersMissed 3 Estimates falling
-493%
Q1'25
-38%
Q2'25
+40%
Q3'25
+12%
Q4'25
+15%
Q1'26
-15%
Q2'26
Beat
Miss
Estimate
Deeper color = bigger beat/miss
* Negative EPS shown at reduced height
Analyst Activity
All ratings →
No recent activity
RBC CapitalSector Perform → Underperform
Dec 1
DOWNGRADE
Insider Activity
SEC Filings →
0 Buys/6 SellsNet Selling
NET SELLERS$0 bought · $27.0M sold · 30d window
Thompson Peter A.Dir
$2.2M
May 7
SELL
Thompson Peter A.Dir
$2.7M
May 8
SELL
Thompson Peter A.Dir
$8.5M
May 11
SELL
Orbimed Advisors LlcDir
$2.2M
May 7
SELL
Orbimed Advisors LlcDir
$2.7M
May 8
SELL
Orbimed Advisors LlcDir
$8.5M
May 11
SELL
Financials

INSTITUTIONAL OWNERSHIP

1
RA CAPITAL MANAGEMENT, L.P.
9.9M
2
TPG GP A, LLC
6.5M
3
ORBIMED ADVISORS LLC
3.5M
4
VIKING GLOBAL INVESTORS LP
3.2M
5
Atlas Venture Life Science Advisors, LLC
3.0M
6
Enavate Sciences GP, LLC
2.5M
7
JPMORGAN CHASE & CO
1.5M
8
JENNISON ASSOCIATES LLC
1.5M
News & Activity

SION News

About

No company information available

PeersHealth Care(7 companies)
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