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Intelligent Bio Solutions (INBS) AI Stock Analysis

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INBS

Intelligent Bio Solutions

(NASDAQ:INBS)

Select Model
Rating:44Neutral
Price Target:$1.50â–¼(-15.25% Downside)
Action:reiterated
Date:10/11/26

The score is held down primarily by weak financial quality—large ongoing losses, declining gross margin, and significant persistent cash burn—combined with bearish technicals (price below all key moving averages and negative MACD). Offsetting these are positive corporate developments around the FDA 510(k) submission and recent financing, which modestly improve the risk/reward profile despite still-limited valuation support due to negative earnings.

Positive Factors
Revenue GrowthStrong year-over-year revenue growth indicates improving commercial traction for the screening platform and consumables. If maintained, expanding customer adoption can support greater operating scale, strengthen market presence, and provide a foundation for future margin improvement over the next several quarters.
Negative Factors
Persistent UnprofitabilityVery large net losses and declining gross margin show that current revenue has not yet produced an economically sustainable operating model. Continued margin pressure may limit the benefit of sales growth, delay profitability, and require management to improve pricing, mix, or cost efficiency.

Intelligent Bio Solutions (INBS) vs. SPDR S&P 500 ETF (SPY)

-100%-50%0%50%100%150%INBS-77.34%SPY+12.53%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
$5.87M
Dividend Yield
―
Average Volume (3M)
143.43K
Price to Earnings (P/E)
-0.2
Beta (1Y)
1.39
Revenue Growth
38.09%
EPS Growth
54.22%
Country
US
Employees
59
Sector
Healthcare
Sector Strength
51
Industry
Medical - Devices

Intelligent Bio Solutions Business Overview & Revenue Model

Company Description

Intelligent Bio Solutions Inc. operates as a life sciences firm focused on developing non-invasive, real-time monitoring and diagnostic solutions for both patients and their primary healthcare providers. A notable product in its portfolio is the Sali...

How the Company Makes Money

INBS primarily makes money by selling and distributing its rapid drug screening system and the recurring consumables used with it. Key revenue streams include: (1) sales of the screening platform/instrument to customers and channel partners; (2) ongo...

Intelligent Bio Solutions Financial Statement Overview

Summary

Revenue is improving (TTM ~$4.2M vs. ~$3.1M prior), but the business remains highly unprofitable with very weak margins (net margin roughly -297% TTM) and declining gross margin (~32% TTM vs. ~41–46% previously). Cash flow is the biggest risk with persistent, deep operating and free-cash-flow losses (OCF about -$12.1M; FCF about -$12.2M TTM), implying continued reliance on external funding despite manageable leverage (debt-to-equity about 0.21 TTM).

Income Statement

23Negative

Balance Sheet

48Neutral

Cash Flow

18Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue4.22M4.22M3.05M3.11M1.26M0
Gross Profit1.17M2.05M1.25M1.43M326.67K0
EBITDA-8.85M-11.29M-9.21M-8.81M-9.47M-8.33M
Net Income-12.43M-12.43M-10.57M-10.16M-10.63M-8.31M
Balance Sheet
Total Assets11.94M11.94M8.25M13.78M10.35M12.35M
Cash, Cash Equivalents and Short-Term Investments3.99M3.99M1.02M6.30M1.54M8.28M
Total Debt1.82M1.82M281.81K1.15M1.92M0
Total Liabilities6.65M6.65M5.44M5.60M6.67M5.81M
Stockholders Equity5.51M5.51M3.00M8.33M3.80M6.62M
Cash Flow
Free Cash Flow-12.20M-12.05M-9.91M-9.79M-7.88M-3.74M
Operating Cash Flow-12.08M-11.93M-9.68M-9.57M-7.38M-3.36M
Investing Cash Flow-87.49K-85.57K-231.84K-221.43K-694.14K-880.22K
Financing Cash Flow15.25M14.98M4.60M14.56M1.44M0

Intelligent Bio Solutions Technical Analysis

Technical Analysis SentimentPositive
Last Price1.77

Price Trends

50DMA1.85Negative
100DMA2.03Negative
200DMA3.05Negative

Market Momentum

MACD-0.01Negative
RSI53.45Neutral
STOCH50.49Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INBS, the sentiment is Positive. The current price of 1.77 is above the 20-day moving average (MA) of 1.62, below the 50-day MA of 1.85, and below the 200-day MA of 3.05, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 53.45 is Neutral, neither overbought nor oversold. The STOCH value of 50.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for INBS.

Intelligent Bio Solutions Risk Analysis

Intelligent Bio Solutions disclosed 58 risk factors in its most recent earnings report. Intelligent Bio Solutions reported the most risks in the "Tech & Innovation" category.

Higher RiskSector Avg.Lower RiskFinance & CorporateTech & InnovationLegal & RegulatoryProductionAbility to SellMacro & Political
Tech & Innovation - Risks related to the company’s reliance on technology and ability to make innovative products

Latest Risks Added

3 New Risks
1.We are a "smaller reporting company", and the reduced disclosure requirements applicable to smaller reporting companies may make our common stock less attractive to investors.Q2, 2026
2.The loss of our "emerging growth company" status will increase certain reporting and compliance obligations and any failure to meet these expanded requirements could expose us to regulatory scrutiny or sanctions and could harm our reputation and adversely affect our stock price.Q2, 2026
3.Our use of artificial intelligence, or AI, and other emerging technologies could adversely impact our business and financial results.Q2, 2026

Intelligent Bio Solutions Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

INBS against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
INBSINBS44Neutral$5.51M-0.19-170.36%―38.09%54.22%
BIAFBIAF43Neutral$3.84M-0.03-257.27%―-23.17%67.18%
ISPCISPC41Neutral$2.10M-0.01-524.37%―-92.11%86.78%

* Healthcare Sector Average

Performance Comparison

-50%0%50%100%INBSISPCBGLCBIAFDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
INBS and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
INBSIntelligent Bio Solutions Inc.1.77-6.46-78.49%
ISPCIspecimen Inc0.79-26.17-97.07%
BGLCBionexus Gene Lab Corporation0.95-4.44-82.37%
BIAFbioAffinity Technologies, Inc.3.19-29.36-90.20%

Intelligent Bio Solutions Corporate Events

Business Operations and StrategyRegulatory Filings and ComplianceShareholder Meetings

Intelligent Bio Solutions Releases New Investor Presentation Update

Neutral
Oct 13, 2026

On October 12, 2026, Intelligent Bio Solutions Inc.’s board adopted Second Amended and Restated Bylaws, clarifying that, for matters other than director elections, outcomes at stockholder meetings are determined by a majority of votes cast, exc...

Business Operations and StrategyPrivate Placements and Financing

Intelligent Bio Solutions Updates Share Capital Structure

Neutral
Sep 11, 2026

Intelligent Bio Solutions reported changes in its share capital structure following recent corporate actions. The update reflects both the exercise of prefunded warrants and the issuance of restricted shares under an advisory agreement. As a result o...

Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance

Intelligent Bio Solutions Advances FDA Drug Screening Filing

Positive
Sep 9, 2026

On September 9, 2026, Intelligent Bio Solutions announced it had submitted a 510(k) premarket notification to the U.S. Food and Drug Administration for its Intelligent Fingerprinting Drug Screening System to detect the opiate codeine. The move caps a...

Business Operations and StrategyPrivate Placements and Financing

Intelligent Bio Solutions Completes $5 Million Private Placement

Positive
Sep 2, 2026

On August 31, 2026, Intelligent Bio Solutions entered a securities purchase agreement with a single existing institutional investor for a private placement of common stock or pre-funded warrants, plus Series N-1 and Series N-2 warrants, priced at-the...

Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance

Intelligent Bio Solutions Advances Fingerprint Drug Test Toward FDA

Positive
Sep 1, 2026

On September 1, 2026, Intelligent Bio Solutions Inc. reported results from a multi-site Method Comparison Study of its Intelligent Fingerprinting Drug Screening System for detecting the opiate codeine in pre-employment and workplace settings across t...

Business Operations and StrategyRegulatory Filings and Compliance

Intelligent Bio Solutions Issues Routine Investor Presentation Update

Neutral
Aug 28, 2026

On August 28, 2026, Intelligent Bio Solutions Inc. made an investor presentation available detailing its business and operations, and notified the market of this disclosure under Regulation FD. The presentation was furnished, rather than filed, under...

Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance

Intelligent Bio Solutions Advances FDA Fingerprinting Drug Study

Positive
Aug 11, 2026

On August 11, 2026, Intelligent Bio Solutions announced it had completed a multi-site Method Comparison Study for its Intelligent Fingerprinting Drug Screening System, the final clinical study supporting its FDA 510(k) program for codeine detection i...

Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance

Intelligent Bio Solutions Advances Fingerprint Drug Screening Program

Positive
Aug 5, 2026

On August 5, 2026, Intelligent Bio Solutions announced it had completed a Usability Study for its Intelligent Fingerprinting Drug Screening System, a key component of its FDA 510(k) submission for U.S. clearance to detect the opiate codeine.Conducted...

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: Oct 11, 2026