Abeona Therapeutics Inc.

ABEO

Healthcare Biotechnology

Abeona Therapeutics Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.8 million, up 66.3% from fiscal 2023.

Revenue
+225.1%
EPS
−116.9%
Free cash flow
+17.1%
Total debt
−23.4%

Quarter to June 2026, against a year earlier

4.17 0.26 +6.65%
Market cap
$238.5M
P/E
n/m
Fwd P/E
n/m
Dividend yield
—
F-score
n/a
ROIC
0.00%
Net debt / EBITDA
2.0×
Dividend safety
n/a

Insider Decisions last twelve months

Net sold
$3.5M
Trades
32 sells · 0 buys
Ownership
11.1%

Capital & Financial Ratios $m

Size
Market Cap 238
Revenue ttm 26
Net income ttm (63)
Free cash flow ttm (82)
Net debt Q (132)
Valuation
P/E n/m
Forward P/E n/m
Price / sales 9.2
Forward P/S Powerpack
Price / FCF n/m
Price / book 1.9
Financial health
Current ratio Q 6.6 (at or above 1.5: strong)
Debt / equity Q 0.1 (at or below 0.5: strong)
Interest coverage Q (19.6)
Growth
Revenue growth Q +225.1% (above 0%: growing)
Operating income growth Q +40.1% (above 0%: growing)
EPS, this year −195.8% (below 0%: weak)
EPS, next year A +81.0% (at or above 15%: strong)
Revenue, next year A +804.3% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A −27.3% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/S against its own 10 years 14.00%
10-year low 10-year high
P/B against its own 10 years 43.23%
10-year low 10-year high
EV/Sales against its own 10 years 11.80%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 53 98 191 147
Receivables 2 2 7 10
Inventory — — 5 6
Other — — — —
56 101 205 165
2023 2024 2025 Q'26
Payables 2 3 8 3
ST’ Debt — 6 12 13
Other 0 0 0 —
13 17 30 25

Compound Annual Growth %

10y 5y 3y
Sales (2.27%) 14.19% 24.72%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 8.92% 9.20% 81.20%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.30) (0.35) — — —
’25 (0.24) 1.71 (0.10) (0.34) 1.01
’24 (1.16) 0.14 (0.63) (0.25) (1.55)
’23 (0.54) (0.92) (0.48) (0.64) (2.53)
’22 (3.50) (2.08) (1.00) 0.46 (5.53)
’21 (4.25) (4.00) (1.75) (11.25) (21.50)
’20 (13.00) (3.50) (2.00) (4.25) (22.75)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 9 11 — — —
’25 — 0 — 5 6
’23 — 4 — — 4
’22 0 1 — 0 1
’21 — — — 3 3
’20 — — 7 3 10
’18 1 0 2 0 3
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (20) (17) — — —
’25 (18) (19) (21) (18) (76)
’24 (15) (13) (12) (17) (56)
’23 (12) (10) (6) (9) (37)
’22 (14) (9) (7) (14) (43)
’21 (14) (11) (10) (30) (66)
’20 (13) (9) (11) (2) (35)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (21) (18) — — —
’25 (20) (22) (24) (19) (84)
’24 (15) (13) (13) (17) (58)
’23 (12) (10) (6) (9) (37)
’22 (14) (8) (7) (14) (42)
’21 (14) (12) (11) (34) (70)
’20 (14) (10) (11) (2) (36)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1 1 3 — 10 3 1 4 — 6 26 +23.2% 53 116 189 +218.8%
Gross margin, % 100.00 100.00 100.00 0.00 100.00 100.00 68.18 54.14 — 73.68 66.03 (26.3) pt
EBT (22) (27) (57) (76) (84) (85) (40) (54) (64) 71 (78) n/m
EBT margin, % (2,460.40) (3,263.92) (1,890.29) 0.00 (842.34) (2,831.20) (2,807.36) (1,548.23) 0.00 1,224.79 (302.07) +3,685.2 pt
Net income (22) (27) (57) (76) (84) (85) (40) (54) (64) 71 (63) n/m
Per share, $
Per share, $ Revenue 0.65 0.50 1.58 0.00 2.70 0.76 0.18 0.16 0.00 0.11 0.45 (17.9%)
Earnings (16.00) (16.50) (29.75) (37.75) (22.75) (21.50) (5.53) (2.53) (1.55) 1.34 (1.17) n/m
Cash flow (9.52) (13.60) (20.57) (31.19) (9.45) (16.67) (5.53) (1.73) (1.36) (1.44) (1.34) (18.9%)
Capex (0.38) (0.52) (4.86) (3.13) (0.36) (1.05) 0.20 (0.01) (0.06) (0.15) (0.09) (9.8%)
Free cash flow (9.90) (14.12) (25.43) (34.32) (9.81) (17.73) (5.33) (1.74) (1.42) (1.59) (1.43) (18.4%)
Book value 72.48 102.13 70.51 88.59 27.67 10.76 3.40 0.69 1.07 3.01 2.24 (29.8%)
Shares, m 1 2 2 2 4 4 8 21 41 53 55 +50.1%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 — 0.00 0.00 0.00 0.00 — 4.02 0.00 0.5
P/S 192.24 855.63 113.19 — 11.93 2.46 5.09 29.04 — 29.73 9.18 154.9
P/B 1.72 4.21 2.53 — 1.42 0.78 0.84 9.62 — 1.75 1.86 2.9
EV/Sales 118.96 695.84 86.18 — 4.42 (0.62) (5.07) 19.50 — 11.47 4.09 116.3
EV/FCF (7.81) (24.77) (5.34) — (1.48) 0.12 0.53 (2.58) — (1.28) (1.30) (5.3)
Cash, $m
Cash, $m Operating cash flow (13) (23) (39) (63) (35) (66) (43) (37) (56) (76) (76) +21.7%
Capex (1) (1) (9) (6) (1) (4) 2 0 (2) (8) (5) +35.5%
Free cash flow (14) (24) (48) (69) (36) (70) (42) (37) (58) (84) (82) +22.5%
Balance, $m
Balance, $m Working capital 61 135 68 94 56 40 45 42 84 175 140 +12.4%
Net debt (69) (138) (85) (121) (92) (42) (45) (53) (79) (171) (132) +10.6%
Shareholders’ equity 99 170 134 178 103 42 27 15 44 159 128 +5.4%
Returns, %
Returns, % ROA (22.89) (18.85) (32.09) (38.35) (44.98) (73.61) (60.47) (84.53) (73.71) 43.34 (29.54) +66.2 pt
ROIC (49.83) (53.78) (74.07) (84.35) (463.12) (6,756.62) 0.00 0.00 0.00 0.00 0.00 +49.8 pt
ROE (26.22) (20.30) (37.27) (48.82) (59.96) (117.22) (125.79) (260.60) (216.57) 70.05 (43.13) +96.3 pt
People
People Employees 19 42 83 88 76 90 57 84 136 226 — +31.7%
Revenue/emp, $m 0.05 0.02 0.04 0.00 0.13 0.03 0.02 0.04 0.00 0.03 — (6.4%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Abeona Therapeutics Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CABA Cabaletta Bio, Inc. $280.4M — (loss-making) — — n/m −35.72% (below 0%: shrinking) 0.00% 0.00% Compare
EVMN Evommune Inc. $241.3M — (loss-making) — (loss-making) — n/m +21.78% (above 0%: growing) 100.00% 0.00% Compare
ABEO Abeona Therapeutics Inc. $238.5M — (loss-making) — (loss-making) +225.14% (above 0%: growing) n/m +17.11% (above 0%: growing) 63.30% (119.97%)
IMRX Immuneering Corporation $238.3M — (loss-making) — (loss-making) −99.74% (below 0%: shrinking) n/m −40.19% (below 0%: shrinking) 0.00% 0.00% Compare
VNDA Vanda Pharmaceuticals Inc. $231.0M — (loss-making) — (loss-making) +24.10% (above 0%: growing) n/m +9.57% (above 0%: growing) 94.05% (33.69%) Compare
ACIU AC Immune $227.0M — (loss-making) — (loss-making) +152.31% (above 0%: growing) n/m +4.66% (above 0%: growing) 100.00% (302.13%) Compare
FATE Fate Therapeutics, Inc. $223.1M — (loss-making) — (loss-making) +9.18% (above 0%: growing) n/m +8.96% (above 0%: growing) 100.00% (1,495.39%) Compare
GLSI Greenwich LifeSciences, Inc. $222.7M — (loss-making) — — n/m +13.14% (above 0%: growing) 0.00% 0.00% Compare
KRRO Korro Bio, Inc. $202.5M — (loss-making) — (loss-making) −86.28% (below 0%: shrinking) n/m +12.07% (above 0%: growing) 100.00% 0.00% Compare
Median of peers $229.0M — — +9.18% — +9.27% 97.03% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 27 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 3.99m 4.04m 171.10
2024 3.51m 3.99m 180.84
2023 2.85m 3.46m 162.66

Ownership

Directors and executive officers, together 7.10%
Nantahala Capital Management, LLC 9.10%
Funicular Funds 5.30%
Daniel Kaufman 5.20%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Abeona Therapeutics Inc. (ABEO) Latest News

18 May

Impact 3 · · Zacks Small Cap Research

14 May

20 Mar

18 Mar

Impact 4 · · Zacks Small Cap Research

17 Mar

Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript
Impact 3 · · Associated Press Finance
stockrow.com/ABEO · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com