Analyst RatingA Neutral rating is maintained on BCAB due to uncertainties regarding BioAtla's pipeline development and a near-term financial overhang.
Financial PerformanceBioAtla reported no revenue and a net loss of $0.32 per share, compared to the consensus estimate of a net loss of $0.29 per share.
Pipeline DevelopmentThere are uncertainties regarding BioAtla’s pipeline development, a near-term financial overhang, as well as lack of meaningful catalysts.