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Bolt Biotherapeutics
(NASDAQ:BOLT)
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Rating:46Neutral
Price Target:
$4.00
▲(0.00% Upside)
Action:Reiterated
Date:09/18/26
The score is held down primarily by weak financial performance (material revenue decline, large ongoing losses, heavy cash burn, and higher leverage as equity has fallen). Technicals add additional pressure with the stock trading below key moving averages and negative MACD. Valuation provides little offset because the negative P/E reflects unprofitability and there is no dividend yield data.
Positive Factors
Very high gross margin
The very high gross margin indicates that Bolt’s underlying product economics can be attractive if its candidates generate meaningful commercial revenue. Although the company is not yet profitable, this margin profile could support future operating leverage as development programs mature and revenue scales.
Negative Factors
Revenue contraction and deep losses
The sharp revenue decline and large loss relative to the small revenue base show that Bolt has not yet established a durable commercial earnings engine. Persistent operating losses leave results dependent on clinical progress and future financing rather than internally generated business cash flows.
Read all positive and negative factors
Positive Factors
Negative Factors
Very high gross margin
The very high gross margin indicates that Bolt’s underlying product economics can be attractive if its candidates generate meaningful commercial revenue. Although the company is not yet profitable, this margin profile could support future operating leverage as development programs mature and revenue scales.
Read all positive factors
Bolt Biotherapeutics (BOLT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$7.92M
Dividend Yield0.06%
Average Volume (3M)31.01K
Price to Earnings (P/E)―
Beta (1Y)0.44
Revenue Growth12.79%
EPS Growth37.93%
CountryUS
Employees23
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)-16.00
Shares Outstanding1,926,345
10 Day Avg. Volume16,300
30 Day Avg. Volume31,010
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.39
Price to Sales (P/S)1.33
P/FCF Ratio-0.26
Enterprise Value/Market Cap1.31
Enterprise Value/Revenue2.20
Enterprise Value/Gross Profit2.30
Enterprise Value/Ebitda-0.37
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-18.18
Revenue Forecast (FY)$100.00K
Bolt Biotherapeutics Business Overview & Revenue Model
Company Description
Bolt Biotherapeutics, Inc. is a biotechnology company currently conducting clinical trials, focused on developing innovative immuno-oncology therapies. Its mission is to create agents that equip the body's immune system to identify and eliminate c...
How the Company Makes Money
As a clinical-stage biotechnology company, Bolt Biotherapeutics has historically generated little to no recurring product revenue and primarily funds operations through external financing. The company’s cash inflows have generally come from (1) ca...
Bolt Biotherapeutics Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
32
Negative
Cash Flow
15
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.70M | 7.70M | 7.69M | 7.88M | 5.73M | 1.26M |
| Gross Profit | 4.50M | 6.20M | 7.69M | -53.67M | -67.39M | -74.39M |
| EBITDA | -27.82M | -32.09M | -66.45M | -67.34M | -86.43M | -97.40M |
| Net Income | -28.74M | -33.38M | -63.12M | -69.20M | -88.10M | -98.59M |
Balance Sheet | ||||||
| Total Assets | 40.34M | 56.75M | 99.63M | 159.78M | 227.81M | 307.72M |
| Cash, Cash Equivalents and Short-Term Investments | 17.60M | 27.50M | 47.32M | 102.19M | 168.89M | 186.22M |
| Total Debt | 21.62M | 22.96M | 25.21M | 20.22M | 22.61M | 24.36M |
| Total Liabilities | 27.70M | 30.24M | 42.43M | 47.04M | 56.30M | 57.60M |
| Stockholders Equity | 12.64M | 26.50M | 57.20M | 112.74M | 171.51M | 250.12M |
Cash Flow | ||||||
| Free Cash Flow | -31.54M | -39.92M | -61.33M | -69.73M | -78.46M | -59.40M |
| Operating Cash Flow | -31.45M | -39.85M | -61.29M | -69.53M | -76.50M | -57.07M |
| Investing Cash Flow | 34.65M | 44.30M | 57.58M | 71.04M | 57.86M | -232.20M |
| Financing Cash Flow | 30.00K | 19.00K | 108.00K | 253.00K | 503.00K | 311.11M |
Bolt Biotherapeutics Technical Analysis
Positive
4.00
Price Trends
3.70
Positive
4.03
Positive
4.55
Negative
Market Momentum
>-0.01
Negative
63.17
Neutral
63.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOLT, the sentiment is Positive. The current price of 4 is above the 20-day moving average (MA) of 3.64, above the 50-day MA of 3.70, and below the 200-day MA of 4.55, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 63.17 is Neutral, neither overbought nor oversold. The STOCH value of 63.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BOLT.
Bolt Biotherapeutics Risk Analysis
Bolt Biotherapeutics disclosed 61 risk factors in its most recent earnings report. Bolt Biotherapeutics 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
Bolt Biotherapeutics Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
47 Neutral | $13.21M | -0.72 | -91.18% | ― | ― | 81.87% | |
46 Neutral | $7.92M | -0.26 | -126.23% | 0.06% | 12.79% | 37.93% | |
45 Neutral | $4.99M | -1.79 | -40.62% | ― | 33.30% | 40.59% | |
43 Neutral | $3.03M | -0.93 | -34.23% | ― | ― | 85.52% | |
41 Neutral | $337.23K | -0.01 | 455.31% | ― | -74.05% | 73.08% |
* Healthcare Sector Average
BOLT
Bolt Biotherapeutics
4.11
-1.69
-29.14%
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LYRA
Lyra Therapeutics
0.19
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INAB
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1.34
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-38.25%
Bolt Biotherapeutics Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
Bolt Biotherapeutics Amends Lease, Reduces Facility Obligations
Neutral
Oct 6, 2026
On October 1, 2026, Bolt Biotherapeutics, Inc. entered into a Second Amendment to its lease with HCP LS Redwood City LLC for its corporate office, laboratory and vivarium facilities in Redwood City, California. As part of the amendment, the compan...
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.