Cogent Biosciences, Inc.

COGT Healthcare Biotechnology

In the quarter to June 2026, EPS grew 1.89% and free cash flow fell 42.0%, each against the same quarter a year earlier.

29.52 0.01 +0.03%
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 trades per month

Total sells 383.89
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — 4 1 — 1 — — — — 1 — —
Insider Ownership 8.87%

Capital & Financial Ratios $m

Market Cap 5,120.00
Revenue 23.16
Net Income (377.18)
Free Cash Flow (309.24)
Net Debt (568.84)
Current Ratio 13.57 (at or above 1.5: strong)
Debt/Equity 0.42 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (5.21) (negative: loss-making)
P/S ratio 217.97 (above 10: high)
P/B ratio 10.79 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth (2.51%) (below 0%: weak)
Next Y EPS Growth 51.40% (at or above 15%: strong)
Next Y revenue growth 0.62%
Next 5Y EPS Growth 36.85% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 92.23%
10-year low 10-year high
P/B against its own 10 years 89.36%
10-year low 10-year high
EV/Sales against its own 10 years 91.68%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
special payouts not included in total or ratios

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%

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.

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.

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — 14.38 1.90 1.18 5.83 3.79 3.67 4.28 3.72

Analyst estimates 2026–2028

Powerpack
High — — 70.64 20.32 14.88 13.24 18.07 15.68 12.61 43.73
People
People Employees — 53 56 72 15 77 138 164 205 258
Revenue/emp, $m 0.00 0.16 0.17 0.31 0.52 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue 6 8 10 22 8 — — — — —
Gross margin, % 100.00 100.00 100.00 100.00 100.00 0.00 0.00 — — —
EBT (18) (25) (35) (32) (75) (72) (140) (192) (256) (329)
EBT margin, % (285.19) (304.93) (354.76) (141.49) (950.43) 0.00 0.00 0.00 0.00 0.00
Net income (18) (25) (35) (32) (75) (72) (140) (192) (256) (329)
Depreciation 1 1 1 1 1 0 (1) (3) (5) 1
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
Earnings (7.11) (10.00) (5.56) (4.16) (16.17) (1.87) (2.39) (2.42) (1.94) (2.16)
Cash flow (7.32) (10.14) (5.22) (5.45) (3.24) (1.52) (2.02) (1.93) (2.00) (2.05)
Capex (1.30) (0.36) (0.09) 0.02 0.76 (0.04) (0.12) (0.04) (0.01) (0.01)
Free cash flow (8.62) (10.50) (5.31) (5.43) (2.48) (1.56) (2.14) (1.96) (2.01) (2.06)
Book value (9.69) (19.17) 9.68 4.17 21.18 5.53 4.35 3.24 2.47 4.94
Shares, m 3 3 6 8 11 39 59 80 104 129
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 — — — — —
P/S 13.52 13.52 11.25 0.98 5.37 — — — — —
P/B 0.00 0.00 1.82 0.69 1.01 — — — — —
EV/Sales 8.62 8.62 3.18 (0.49) (4.95) — — — — —
EV/FCF (2.70) (2.70) (0.94) 0.27 4.21 — — — — —
Cash, $m
Cash, $m Operating cash flow (19) (26) (32) (42) (36) (59) (119) (154) (208) (264)
Capex (3) (1) (1) 0 8 (2) (7) (3) (1) (2)
Free cash flow (22) (27) (33) (41) (27) (60) (126) (156) (208) (266)
Balance, $m
Balance, $m Working capital 61 31 56 27 232 206 238 233 241 846
Total debt — — — 4 3 1 18 — — 223
Net debt (69) (41) (79) (33) (239) (219) (242) (266) (287) (678)
Shareholders’ equity (25) (49) 60 32 235 214 256 258 256 636
Returns, %
Returns, % ROA (48.15) (41.00) (51.17) (47.04) (119.34) (29.93) (52.63) (62.65) (79.79) (51.99)
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 (688.01) 0.00 0.00 0.00
ROE 49.46 69.50 (606.74) (69.21) (230.42) (57.23) (88.01) (99.26) (148.99) (94.98)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2020 · latest quarter Sep 2020

Charts ten years each

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
CGON CG Oncology, Inc. $5.5B — (loss-making) — (loss-making) +2,125.00% (above 0%: growing) n/m −67.60% (below 0%: shrinking) (239.24%) (7,467.68%) Compare
MIRM Mirum Pharmaceuticals, Inc. $5.4B — (loss-making) — (loss-making) +37.92% (above 0%: growing) n/m −681.46% (below 0%: shrinking) 82.78% (24.14%) Compare
ERAS Erasca, Inc. $5.2B — (loss-making) — — n/m −4.67% (below 0%: shrinking) 0.00% 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%
PTCT PTC Therapeutics, Inc. $5.1B — (loss-making) 110× +101.55% (above 0%: growing) n/m +295.69% (above 0%: growing) 94.47% 41.32% Compare
CRSP CRISPR Therapeutics AG $5.0B — (loss-making) — (loss-making) +1,041.37% (above 0%: growing) n/m +26.19% (above 0%: growing) 100.00% (1,151.84%) Compare
TVTX Travere Therapeutics, Inc. $5.0B — (loss-making) 196× +48.17% (above 0%: growing) n/m +604.22% (above 0%: growing) 98.72% 2.33% Compare
SRRK Scholar Rock Holding Corporation $5.0B — (loss-making) — (loss-making) +605.03% (above 0%: growing) n/m +8.88% (above 0%: growing) 0.00% 0.00% Compare
ORKA Oruka Therapeutics, Inc. $4.9B — (loss-making) — — n/m −43.00% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $5.0B — — +353.29% — +2.11% 41.39% 0.00%

All 614 Biotechnology stocks →

Cogent Biosciences, Inc. (COGT) key facts

  • Cogent Biosciences, Inc. (COGT) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of October 16, 2026, COGT traded at $29.52, a market capitalization of $5.1 billion.
  • Return on equity was −95.0% and debt-to-equity 0.42.

Source: company filings (standardised) and stockrow calculations.

Cogent Biosciences, Inc. (COGT) Latest News

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