Cogent Biosciences, Inc.

COGT Healthcare Biotechnology

EPS
+1.89%
Free cash flow
−42.0%

Quarter to June 2026, against a year earlier

31.60 2.02 +6.83%
Market cap
$5.1B
P/E
0.0×
Fwd P/E
−5.2×
Dividend yield
—
F-score
3/9
Altman Z
3.55
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 383.89
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 4 1 — 1 — — — — 1 — — —
Insider Ownership 8.87%

Capital & Financial Ratios $m

Size
Market Cap 5,130.00
Revenue ttm 23.16
Net income ttm (377.18)
Free cash flow ttm (309.24)
Net debt Q (568.84)
Valuation
P/E 0.00
Forward P/E (5.21) (negative: loss-making)
Price / sales 233.33 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 11.56 (above 6: high)
Financial health
Current ratio Q 13.57 (at or above 1.5: strong)
Debt / equity Q 0.42 (at or below 0.5: strong)
Interest coverage Q (84.34)
Growth
Revenue growth Q −69.41% (below 0%: shrinking)
Operating income growth Q −35.80% (below 0%: shrinking)
EPS, this year −3.86% (below 0%: weak)
EPS, next year A +49.48% (at or above 15%: strong)
Revenue, next year A +0.62%
EPS, past 5 yrs —
EPS, next 5 yrs A +36.85% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 94.23%
10-year low 10-year high
P/B against its own 10 years 91.75%
10-year low 10-year high
EV/Sales against its own 10 years 93.01%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 266 287 901 792
Receivables — — — —
Inventory — — — —
Other — — — —
271 296 910 805
2023 2024 2025 Q'26
Payables 11 12 10 7
ST’ Debt — — — —
Other — — — —
38 56 64 59

Compound Annual Growth %

10y 5y 3y
Sales — 21.39% (1.99%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 22.08% 35.51%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.53) (0.52) — — —
’25 (0.52) (0.53) (0.50) (0.61) (2.16)
’24 (0.62) (0.59) (0.64) (0.61) (1.94)
’23 (0.54) (0.59) (0.64) (0.63) (2.42)
’22 (0.68) (0.71) (0.50) (0.56) (2.39)
’21 (0.34) (0.43) (0.48) (0.61) (1.87)
’20 (0.80) (0.96) (5.07) (6.06) (16.17)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’20 7 1 0 — 8
’19 3 3 1 15 22
’18 2 2 2 4 10
’17 2 2 2 2 8
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (87) (77) — — —
’25 (67) (55) (64) (79) (264)
’24 (53) (43) (52) (61) (208)
’23 (40) (32) (38) (44) (154)
’22 (28) (26) (34) (29) (119)
’21 (11) (13) (14) (21) (59)
’20 (8) (8) (10) (9) (36)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (87) (78) — — —
’25 (67) (55) (64) (80) (266)
’24 (53) (43) (52) (61) (208)
’23 (41) (33) (38) (44) (156)
’22 (29) (28) (38) (31) (126)
’21 (11) (13) (15) (21) (60)
’20 (8) (8) (2) (9) (27)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.2
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 6 8 10 22 8 — — — — — 23 +5.5% 6 284 761 +1,027.5%
Gross margin, % 100.00 100.00 100.00 100.00 100.00 0.00 0.00 — — — 0.00 (100.0) pt
EBT (18) (25) (35) (32) (75) (72) (140) (192) (256) (329) (377) +38.0%
EBT margin, % (285.19) (304.93) (354.76) (141.49) (950.43) 0.00 0.00 0.00 0.00 0.00 0.00 +285.2 pt
Net income (18) (25) (35) (32) (75) (72) (140) (192) (256) (329) (377) +38.0%
Per share, $
Per share, $ Revenue 2.49 3.28 1.56 2.95 0.71 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings (7.11) (10.00) (5.56) (4.16) (16.17) (1.87) (2.39) (2.42) (1.94) (2.16) (2.16) (12.4%)
Cash flow (7.32) (10.14) (5.22) (5.45) (3.24) (1.52) (2.02) (1.93) (2.00) (2.05) (1.80) (13.2%)
Capex (1.30) (0.36) (0.09) 0.02 0.76 (0.04) (0.12) (0.04) (0.01) (0.01) (0.01) (40.5%)
Free cash flow (8.62) (10.50) (5.31) (5.43) (2.48) (1.56) (2.14) (1.96) (2.01) (2.06) (1.81) (14.7%)
Book value (9.69) (19.17) 9.68 4.17 21.18 5.53 4.35 3.24 2.47 4.94 3.11 n/m
Shares, m 3 3 6 8 11 39 59 80 104 129 150 +54.6%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 — — — — — 0.00 0.0
P/S 13.52 13.52 11.25 0.98 5.37 — — — — — 233.33 8.9
P/B 0.00 0.00 1.82 0.69 1.01 — — — — — 11.56 0.7
EV/Sales 8.62 8.62 3.18 (0.49) (4.95) — — — — — 208.77 3.0
EV/FCF (2.70) (2.70) (0.94) 0.27 4.21 — — — — — (15.63) (0.4)
Cash, $m
Cash, $m Operating cash flow (19) (26) (32) (42) (36) (59) (119) (154) (208) (264) (308) +34.3%
Capex (3) (1) (1) 0 8 (2) (7) (3) (1) (2) (2) (8.0%)
Free cash flow (22) (27) (33) (41) (27) (60) (126) (156) (208) (266) (309) +31.9%
Balance, $m
Balance, $m Working capital 61 31 56 27 232 206 238 233 241 846 746 +33.9%
Net debt (69) (41) (79) (33) (239) (219) (242) (266) (287) (678) (569) +29.0%
Shareholders’ equity (25) (49) 60 32 235 214 256 258 256 636 532 n/m
Returns, %
Returns, % ROA (48.15) (41.00) (51.17) (47.04) (119.34) (29.93) (52.63) (62.65) (79.79) (51.99) (68.00) (3.8) pt
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 (688.01) 0.00 0.00 0.00 0.00 0.0 pt
ROE 49.46 69.50 (606.74) (69.21) (230.42) (57.23) (88.01) (99.26) (148.99) (94.98) (146.55) (144.4) pt
People
People Employees — 53 56 72 15 77 138 164 205 258 — +21.9%
Revenue/emp, $m 0.00 0.16 0.17 0.31 0.52 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2020 · latest quarter Sep 2020

Cogent Biosciences, 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
IMVT Immunovant, Inc. $5.9B — (loss-making) — — n/m −5.96% (below 0%: shrinking) 0.00% 0.00% Compare
CGON CG Oncology, Inc. $5.7B — (loss-making) — (loss-making) +2,125.00% (above 0%: growing) n/m −67.60% (below 0%: shrinking) (239.24%) (7,467.68%) Compare
SRRK Scholar Rock Holding Corporation $5.5B — (loss-making) — (loss-making) +605.03% (above 0%: growing) n/m +8.88% (above 0%: growing) 0.00% 0.00% Compare
PTCT PTC Therapeutics, Inc. $5.5B — (loss-making) 42.2× +69.57% (above 0%: growing) n/m +90.28% (above 0%: growing) 93.39% 7.02% Compare
MANE Veradermics Incorporated $5.4B — (loss-making) — — n/m −8.81% (below 0%: shrinking) — 0.00% Compare
COGT Cogent Biosciences, Inc. $5.1B — (loss-making) — (loss-making) −69.41% (below 0%: shrinking) n/m −42.01% (below 0%: shrinking) 0.00% 0.00%
CRSP CRISPR Therapeutics AG $4.7B — (loss-making) — (loss-making) +1,325.08% (above 0%: growing) n/m −6.36% (below 0%: shrinking) 100.00% (1,026.48%) Compare
TVTX Travere Therapeutics, Inc. $4.7B — (loss-making) — (loss-making) +36.22% (above 0%: growing) n/m +6,379.75% (above 0%: growing) 98.72% (30.33%) Compare
ERAS Erasca, Inc. $4.6B — (loss-making) — — n/m −4.67% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $5.4B — — +605.03% — −5.31% 0.00% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 23 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 27.76m 116.77m 413.99
2024 4.92m 11.88m 90.91
2023 7.90m (201.50k) 68.53
2022 4.39m 9.82m 134.73

Ownership

Directors and executive officers, together 6.59%
Entities affiliated with FMR LLC 9.70%
Entities affiliated with Fairmount Funds Management LLC 8.50%
The Vanguard Group 6.74%
Entities affiliated with BlackRock, Inc. 6.66%
Entities affiliated with Deerfield Mgmt, L.P. 5.30%
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

Cogent Biosciences, Inc. (COGT) Latest News

25 Sep

20 Mar

Impact 4 · · The Motley Fool

COGT metrics, ten years each

stockrow.com/COGT · Data as of Sep 30, 2020 · For information only; not investment advice. · © 2026 stockrow.com