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IN8bio (INAB)
NASDAQ:INAB
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IN8bio (INAB) AI Stock Analysis

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INAB

IN8bio

(NASDAQ:INAB)

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Neutral 46 (OpenAI - Gpt-5.6Sol)
Rating:46Neutral
Price Target:
$1.00
▼(-15.25% Downside)
Action:Reiterated
Date:08/28/26
The score is primarily held down by weak financial performance typical of a development-stage biotech (no revenue, ongoing losses, and negative free cash flow), despite improved loss and cash-burn trends and low leverage. Technicals add pressure with the stock trading below major moving averages and soft momentum. Valuation is hard to assess due to negative earnings and no dividend support.
Positive Factors
Narrowing losses
The substantial reduction in net losses indicates improving cost control within the development-stage business. Although IN8bio remains unprofitable, a lower loss base can extend the value of ongoing research investment and improve operating efficiency over the next several quarters.
Negative Factors
No product revenue
The absence of product revenue means the company has not yet demonstrated commercial monetization of its therapies. Future operating funding therefore depends on clinical development progress and eventual regulatory and market success, leaving earnings power highly uncertain.
Read all positive and negative factors
Positive Factors
Negative Factors
Narrowing losses
The substantial reduction in net losses indicates improving cost control within the development-stage business. Although IN8bio remains unprofitable, a lower loss base can extend the value of ongoing research investment and improve operating efficiency over the next several quarters.
Read all positive factors

IN8bio (INAB) vs. SPDR S&P 500 ETF (SPY)

IN8bio Business Overview & Revenue Model

Company Description
IN8bio, Inc. is a biotechnology firm currently in the clinical trial phase, dedicated to identifying, advancing, and bringing to market gamma-delta T cell-based treatments specifically for various forms of cancer. The company's primary therapeutic...
How the Company Makes Money
IN8bio is a clinical-stage biotech and, as of publicly available disclosures, does not have product sales; its operations are primarily funded through capital raising rather than recurring commercial revenue. Its primary sources of cash historical...

IN8bio Financial Statement Overview

Summary
Pre-revenue with persistent operating losses and negative gross profit, indicating profitability is still distant. Positives include meaningfully narrowing net losses and reduced cash burn since 2024, plus modest leverage; key risks remain ongoing negative free cash flow and declining equity/assets that imply continued external funding needs.
Income Statement
12
Very Negative
Balance Sheet
48
Neutral
Cash Flow
22
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-500.00K-2.50M0.00-2.50M0.000.00
EBITDA-16.71M-16.94M-26.94M-27.51M-27.42M-13.87M
Net Income-18.67M-19.44M-30.44M-30.01M-28.52M-14.65M
Balance Sheet
Total Assets21.75M32.28M20.94M33.71M33.04M42.22M
Cash, Cash Equivalents and Short-Term Investments17.96M27.09M11.12M21.28M18.18M37.02M
Total Debt2.18M2.78M5.03M4.89M5.87M2.41M
Total Liabilities3.38M4.72M6.47M8.77M10.31M4.04M
Stockholders Equity18.36M27.56M14.48M24.94M22.73M38.18M
Cash Flow
Free Cash Flow-14.60M-12.71M-24.25M-23.94M-27.83M-13.82M
Operating Cash Flow-14.36M-12.71M-24.15M-23.34M-24.12M-13.51M
Investing Cash Flow-242.00K0.00-187.00K-600.00K-3.71M-309.00K
Financing Cash Flow19.23M28.64M14.18M27.04M8.99M32.95M

IN8bio Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.18
Price Trends
50DMA
1.19
Negative
100DMA
1.36
Negative
200DMA
1.60
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
49.74
Neutral
STOCH
73.45
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INAB, the sentiment is Neutral. The current price of 1.18 is above the 20-day moving average (MA) of 1.13, below the 50-day MA of 1.19, and below the 200-day MA of 1.60, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.74 is Neutral, neither overbought nor oversold. The STOCH value of 73.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for INAB.

IN8bio Risk Analysis

IN8bio disclosed 74 risk factors in its most recent earnings report. IN8bio reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

IN8bio Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
54
Neutral
$10.94M-3.60-40.62%33.30%40.59%
52
Neutral
$14.58M-0.48-304.87%98.98%
52
Neutral
$10.00M-0.65-46.72%-99.38%53.42%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
46
Neutral
$11.83M-0.61-91.18%81.87%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
INAB
IN8bio
1.14
-0.87
-43.37%
ERNA
Eterna Therapeutics
4.19
-27.44
-86.75%
QNRX
Quoin Pharmaceuticals
7.15
-0.22
-2.99%
XBIO
Xenetic Biosciences
4.28
1.18
38.06%
APRE
Aprea Therapeutics
0.84
-0.72
-46.13%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 28, 2026