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LeonaBio (LONA)
NASDAQ:LONA
US Market
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LeonaBio (LONA) AI Stock Analysis

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LONA

LeonaBio

(NASDAQ:LONA)

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Neutral 47 (OpenAI - Gpt-5.6Sol)
Rating:47Neutral
Price Target:
$8.00
▼(-0.12% Downside)
Action:Reiterated
Date:08/27/26
Overall score is held down primarily by weak financial performance (pre-revenue, widening losses, and sustained cash burn), which raises ongoing financing/dilution risk despite low debt. Technical indicators are neutral-to-mixed and do not provide strong support. Corporate events add some upside via the Phase 3 milestone and potential capital inflow, but valuation signals remain constrained by negative earnings and no dividend yield.
Positive Factors
Low Financial Leverage
Very low leverage limits interest and solvency pressure while the company funds development. This provides greater financial flexibility than a debt-heavy biotechnology peer, although it does not offset the need for external capital.
Negative Factors
Pre-Revenue Business Model
The absence of revenue leaves LeonaBio dependent on clinical success and future commercialization to create an economic engine. Without product sales, there is no demonstrated operating leverage, margin base, or internally funded path to profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Financial Leverage
Very low leverage limits interest and solvency pressure while the company funds development. This provides greater financial flexibility than a debt-heavy biotechnology peer, although it does not offset the need for external capital.
Read all positive factors

LeonaBio (LONA) vs. SPDR S&P 500 ETF (SPY)

LeonaBio Business Overview & Revenue Model

Company Description
LeonaBio, Inc. operates as a biopharmaceutical firm engaged in clinical-stage development. Its core mission revolves around crafting small molecule therapies aimed at revitalizing neurological function and arresting the advancement of neurodegener...

LeonaBio Financial Statement Overview

Summary
Financial profile is weak: the company is pre-revenue (0 revenue) with persistent, sizable losses that worsened in TTM, and ongoing negative operating and free cash flow. The main offset is very low leverage (debt-to-equity ~0.02), but equity has eroded sharply over time, increasing financing/dilution risk.
Income Statement
8
Very Negative
Balance Sheet
55
Neutral
Cash Flow
18
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-68.56M-68.09M0.000.000.00-479.00K
EBITDA-53.66M-33.21M-95.81M-125.97M-88.01M-54.37M
Net Income-141.46M-105.61M-96.94M-117.67M-95.64M-54.85M
Balance Sheet
Total Assets56.89M92.15M58.78M160.25M258.15M332.01M
Cash, Cash Equivalents and Short-Term Investments51.07M88.33M51.27M147.42M200.34M253.76M
Total Debt577.00K803.00K1.22M1.58M1.91M1.92M
Total Liabilities23.30M64.36M13.94M30.06M23.02M10.92M
Stockholders Equity33.59M27.79M44.84M130.19M235.14M321.08M
Cash Flow
Free Cash Flow-61.93M-45.73M-97.20M-101.06M-73.61M-44.67M
Operating Cash Flow-61.93M-45.73M-97.17M-100.75M-72.47M-43.10M
Investing Cash Flow-8.19M-15.89M54.83M95.09M57.66M-4.08M
Financing Cash Flow82.55M82.46M194.00K493.00K654.00K97.09M

LeonaBio Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.01
Price Trends
50DMA
7.97
Positive
100DMA
8.57
Negative
200DMA
7.52
Positive
Market Momentum
MACD
-0.03
Negative
RSI
54.07
Neutral
STOCH
30.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LONA, the sentiment is Positive. The current price of 8.01 is above the 20-day moving average (MA) of 7.81, above the 50-day MA of 7.97, and above the 200-day MA of 7.52, indicating a bullish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 54.07 is Neutral, neither overbought nor oversold. The STOCH value of 30.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LONA.

LeonaBio Risk Analysis

LeonaBio disclosed 91 risk factors in its most recent earnings report. LeonaBio 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

LeonaBio Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
59
Neutral
$22.78M-0.52-165.71%77.68%
52
Neutral
$13.52M-4.88-31.88%10.41%40.27%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
50
Neutral
$22.73M-1.61-207.47%38.55%
47
Neutral
$75.56M-0.21-411.58%-49.65%
38
Underperform
$17.49M-0.62-126.02%78.51%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
LONA
LeonaBio
7.04
3.23
84.78%
CLRB
Cellectar Biosciences
2.37
-2.64
-52.70%
IMRN
Immuron
1.76
-0.16
-8.33%
COCP
Cocrystal Pharma
1.24
-0.22
-15.07%
BIVI
BioVie
1.97
0.06
3.14%

LeonaBio Corporate Events

Business Operations and StrategyPrivate Placements and Financing
LeonaBio Reaches Key Phase 3 Enrollment Milestone
Positive
Aug 26, 2026
On August 26, 2026, LeonaBio reported enrollment of the 500th patient in its Phase 3 ELAINE-3 trial evaluating lasofoxifene with abemaciclib in a hard-to-treat subset of metastatic breast cancer, marking a significant clinical milestone for its le...
Executive/Board ChangesShareholder Meetings
LeonaBio Shareholders Approve Directors, Auditor and Compensation
Positive
Jun 23, 2026
On June 22, 2026, LeonaBio held its 2026 Annual Meeting of Stockholders, with approximately 84.19% of eligible shares present or represented by proxy, establishing a quorum for business. Stockholders elected three Class III directors, Kelly A. Rom...
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 27, 2026