DBV Technologies S.A. - American Depositary Shares (DBVT)
NASDAQ:DBVT
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DBV Technologies SA - American
(NASDAQ:DBVT)
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Rating:47Neutral
Price Target:
$18.00
▼(-15.65% Downside)
Action:Reiterated
Date:06/04/26
The score is primarily constrained by weak financial performance (no revenue, sizable losses, and heavy cash burn) and bearish near-term technical signals. A relatively low-debt balance sheet and shareholder-approved capital flexibility provide some support, but valuation is limited by negative earnings and no dividend.
Positive Factors
Low financial leverage and improved equity cushion
DBV's low debt and a meaningful increase in equity provide a durable solvency buffer that reduces default risk and preserves strategic optionality. For a clinical-stage biotech, a stronger equity cushion lengthens runway and gives management time to advance trials or negotiate deals without immediate refinancing pressure.
Negative Factors
No commercial revenue; wholly development-stage
DBV currently generates no product revenue and remains dependent on clinical progress and external financing. This structural lack of commercial cash flow means operational sustainability hinges on trial success, licensing, or raises; until commercialization, business viability is tied to binary clinical and regulatory outcomes.
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Positive Factors
Negative Factors
Low financial leverage and improved equity cushion
DBV's low debt and a meaningful increase in equity provide a durable solvency buffer that reduces default risk and preserves strategic optionality. For a clinical-stage biotech, a stronger equity cushion lengthens runway and gives management time to advance trials or negotiate deals without immediate refinancing pressure.
Read all positive factors
DBV Technologies SA - American (DBVT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.05B
Dividend YieldN/A
Average Volume (3M)226.98K
Price to Earnings (P/E)―
Beta (1Y)-0.05
Revenue GrowthN/A
EPS Growth21.76%
CountryUS
Employees106
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)-1.93
Shares Outstanding59,212,300
10 Day Avg. Volume277,848
30 Day Avg. Volume226,984
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)9.81
Price to Sales (P/S)0.00
P/FCF Ratio-13.67
Enterprise Value/Market Cap0.42
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-49.37
Enterprise Value/Ebitda-2.76
Forecast
1Y Price Target
$40.97Price Target Upside91.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)-1.02
Revenue Forecast (FY)$4.36M
DBV Technologies SA - American Business Overview & Revenue Model
Company Description
DBV Technologies S.A., a clinical-stage biopharmaceutical company, engages in the research and development of epicutaneous immunotherapy products. Its lead product candidate is Viaskin Peanut, an immunotherapy product, which has completed Phase II...
How the Company Makes Money
null...
DBV Technologies SA - American Earnings Call Summary
Earnings Call Date:Jul 30, 2024
(Q2-2024)
| % Change Since: |
Next Earnings Date:Jul 29, 2026
Earnings Call Sentiment Positive
The earnings call presents a positive outlook with significant progress in Viaskin Peanut development and financial management. However, regulatory challenges and increased operating expenses pose some concerns. The overall sentiment is cautiously optimistic with a positive tilt due to successful trial milestones and extended cash runway.Positive Updates
Viaskin Peanut Development Progress
Successful results from the Phase III efficacy study, EPITOPE, for toddlers aged 1 to 3 years met its primary endpoint. Enrollment for the VITESSE Phase III trial in children aged 4 to 7 years is expected to complete by the end of Q3 2024.
Negative Updates
Regulatory Challenges with FDA
Ongoing discussions with the FDA regarding the COMFORT Toddlers supplemental safety study, particularly concerning patch wear-time experience, indicating a delay in protocol alignment.
Read all updates
Q2-2024 Updates
Positive
Negative
Viaskin Peanut Development Progress
Successful results from the Phase III efficacy study, EPITOPE, for toddlers aged 1 to 3 years met its primary endpoint. Enrollment for the VITESSE Phase III trial in children aged 4 to 7 years is expected to complete by the end of Q3 2024.
Read all positive updates
Company Guidance
During the DBV Technologies Q2 2024 earnings call, the company provided several key updates on its development programs and financial outlook. DBV is advancing its Viaskin Peanut candidate for treating peanut allergies in children aged 1 to 7. The VITESSE Phase III trial for children aged 4 to 7 is progressing well, with patient enrollment expected to complete by the end of Q3 2024. The company is also addressing the FDA's feedback on its COMFORT Toddlers supplemental safety study, which supports the Biologics License Application for the 1 to 3 age group. Additionally, DBV Technologies has extended its cash runway into Q1 2025 due to cost-saving measures, despite a net loss of $60.5 million in H1 2024. The company remains focused on achieving regulatory approval and advancing its clinical trials, with anticipated milestones set for the remainder of the year.DBV Technologies SA - American Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 15.73M | 4.80M | 5.71M |
| Gross Profit | -8.90M | 0.00 | -6.81M | 15.73M | -15.50M | -3.56M |
| EBITDA | -159.48M | -139.32M | -110.99M | -63.27M | -76.68M | -91.16M |
| Net Income | -167.85M | -146.95M | -113.72M | -72.73M | -96.30M | -97.81M |
Balance Sheet | ||||||
| Total Assets | 266.40M | 233.72M | 65.66M | 182.99M | 246.52M | 146.32M |
| Cash, Cash Equivalents and Short-Term Investments | 229.20M | 194.17M | 32.46M | 141.37M | 209.19M | 77.30M |
| Total Debt | 16.30M | 21.68M | 7.80M | 6.55M | 4.15M | 10.66M |
| Total Liabilities | 58.50M | 64.95M | 38.27M | 42.80M | 52.06M | 47.29M |
| Stockholders Equity | 207.90M | 168.77M | 27.39M | 140.19M | 194.45M | 99.03M |
Cash Flow | ||||||
| Free Cash Flow | -151.54M | -121.18M | -106.81M | -80.33M | -56.45M | -109.16M |
| Operating Cash Flow | -150.61M | -121.18M | -104.47M | -79.65M | -55.70M | -108.24M |
| Investing Cash Flow | -1.29M | -1.37M | -757.00K | -808.00K | -100.00K | -433.00K |
| Financing Cash Flow | 365.04M | 276.18M | 587.00K | 6.77M | 194.10M | 274.00K |
DBV Technologies SA - American Technical Analysis
Negative
21.34
Price Trends
19.91
Negative
20.62
Negative
17.22
Positive
Market Momentum
-0.51
Positive
35.53
Neutral
31.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DBVT, the sentiment is Negative. The current price of 21.34 is above the 20-day moving average (MA) of 19.07, above the 50-day MA of 19.91, and above the 200-day MA of 17.22, indicating a neutral trend. The MACD of -0.51 indicates Positive momentum. The RSI at 35.53 is Neutral, neither overbought nor oversold. The STOCH value of 31.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DBVT.
DBV Technologies SA - American Risk Analysis
DBV Technologies SA - American disclosed 78 risk factors in its most recent earnings report. DBV Technologies SA - American reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
DBV Technologies SA - American Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | $484.60M | -4.03 | -36.83% | ― | 383560.87% | 20.87% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
50 Neutral | $158.65M | -1.13 | -117.86% | ― | -20.31% | -23.75% | |
47 Neutral | $1.05B | ― | -130.06% | ― | ― | 21.76% | |
47 Neutral | $342.81M | -1.64 | -134.14% | ― | ― | -39.31% | |
47 Neutral | $354.13M | -4.18 | -47.48% | ― | ― | 56.00% |
* Healthcare Sector Average
DBVT
DBV Technologies SA - American
17.70
9.56
117.44%
LRMR
Larimar Therapeutics
3.20
0.75
30.61%
KRRO
Korro Bio
11.08
-0.80
-6.73%
FDMT
4D Molecular Therapeutics
9.53
5.70
148.83%
LXEO
Lexeo Therapeutics, Inc.
4.50
1.40
45.16%
DBV Technologies SA - American Corporate Events
Business Operations and StrategyExecutive/Board ChangesStock BuybackFinancial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
DBV Technologies Shareholders Approve Governance and Capital Measures
Positive
Jun 3, 2026
On June 3, 2026, DBV Technologies SA – American shareholders approved amendments to the company’s bylaws to align Articles 18 and 21 with a new French decree on ordinary share record dates and to set an age limit of 70 for the chief ex...
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.