Cassava Sciences, Inc. FLNA

0.75 (0.02) (2.60%) as of 25 Sep
Market cap
$37.8M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.64
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — 3 — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 2.05%

Capital & Financial Ratios

Market Cap 37.79
Revenue 41.12
Net Income (42.28)
Free Cash Flow (29.36)
Net Debt (82.68)
Current Ratio 2.08
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 0.57
Past 5Y EPS Growth (40.61%)
This Y EPS Growth 52.39%
Next Y EPS Growth (32.96%)
Next 5Y EPS Growth 14.38%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 121 129 96 83
Receivables — — — —
Inventory — — — —
Other — — — —
130 137 98 84
2023 2024 2025 Q'26
Payables 11 8 42 39
ST’ Debt — — — —
Other 0 0 0 0
14 12 44 40
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — 34.74%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 9.74% (4.20%) (31.11%)

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (9) (4) — — —
’25 (11) (5) (6) (10) (32)
’24 (19) (18) (18) (61) (117)
’23 (13) (20) (27) (22) (82)
’22 (24) (11) (22) (21) (78)
’21 (2) (5) (15) (8) (30)
’20 (1) (1) (2) (1) (5)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (9) (4) — — —
’25 (11) (5) (6) (10) (33)
’24 (19) (18) (18) (61) (117)
’23 (14) (20) (27) (22) (82)
’22 (24) (13) (23) (21) (80)
’21 (2) (5) (37) (8) (52)
’20 (1) (1) (2) (1) (5)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.21) (0.18) — — —
’25 (0.48) (0.92) (0.22) (0.26) (1.88)
’24 0.57 0.13 (0.58) (0.57) (0.52)
’23 (0.58) (0.63) (0.61) (0.50) (2.32)
’22 (0.44) (0.48) (0.51) (0.47) (1.90)
’21 (0.09) (0.13) (0.24) (0.35) (0.82)
’20 (0.05) (0.05) (0.06) (0.09) (0.24)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
3.57 3.10 0.76 0.84 1.63 6.78 13.84 12.32 2.23 1.15

Analyst estimates 2026–2028

Powerpack
Low Price
21.00 9.31 12.80 7.20 12.68 146.16 62.49 38.53 42.20 4.98
High Price
9 9 9 9 11 24 26 29 30 17
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% — — —
Gross Margin
(15) (12) (7) (5) (6) (32) (76) (97) (24) (91)
EBT
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
(15) (12) (7) (5) (6) (32) (76) (97) (24) (91)
Net Income
0 0 0 0 0 1 1 2 1 1
Depreciation
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
(2.31) (1.82) (0.61) (0.27) (0.24) (0.82) (1.90) (2.32) (0.53) (1.88)
Earnings/Sh
(1.88) (1.26) (0.45) (0.14) (0.21) (0.77) (1.93) (1.96) (2.52) (0.67)
Cash Flow/Sh
(0.01) 0.00 0.00 0.00 0.01 (0.56) (0.07) (0.01) 0.00 (0.01)
Capex/Sh
(1.89) (1.26) (0.45) (0.15) (0.19) (1.33) (2.00) (1.97) (2.53) (0.68)
Free CF/Sh
2.86 1.48 1.84 1.27 3.53 6.44 5.66 3.28 3.15 1.54
Book Value/Sh
7 7 11 17 26 39 40 42 46 48
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
(12) (8) (5) (3) (5) (30) (78) (82) (117) (32)
Op' Cash Flow
0 — — 0 0 (22) (3) 0 0 (1)
Capex
(12) (8) (5) (3) (5) (52) (80) (82) (117) (33)
FCF
18 10 20 22 92 232 204 115 125 54
Working Cap'
— — — 0 0 0 0 — — —
Total Debt
(19) (10) (20) (23) (94) (233) (201) (121) (129) (96)
Net Debt
19 10 20 22 92 254 228 137 146 74
Sh' Equity
(57.99%) (79.06%) (42.34%) (21.23%) (10.76%) (17.94%) (30.40%) (50.31%) (15.75%) (65.95%)
ROA
0.00% 0.00% 0.00% 0.00% 0.00% (100.31%) (188.56%) (405.48%) (516.08%) 0.00%
ROIC
(61.87%) (84.07%) (44.72%) (22.20%) (11.08%) (18.71%) (31.67%) (53.27%) (17.19%) (82.66%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2013 · latest quarter Dec 2013

Cassava Sciences, Inc. peers in Biotechnology

All 616 Biotechnology stocks →

Cassava Sciences, Inc. (FLNA) key facts

  • Cassava Sciences, Inc. (FLNA) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of September 25, 2026, FLNA traded at $0.75, a market capitalization of $37.8 million.
  • Return on equity was −82.7% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Cassava Sciences, Inc. (FLNA) Latest News

News by impact score

Fine-tune

22 Sep

4

Filana Therapeutics says the FDA has lifted the clinical hold on its IND for simufilam in TSC-related epilepsy, enabling a planned Phase 2a proof-of-concept study in patients aged 12–55. Patient screening is expected to begin by Q1 2027. The company has engaged a leading CRO, identified clinical sites, and begun investigator recruitment, with drug supply in place to accelerate site initiation and enrollment. The Phase 2a trial will be a 16-week multicenter, randomized, double-blind study evaluating two simufilam doses in about 40 refractory TSC-related seizure patients across 13 U.S. sites; completing subjects may enter a 48-week extension. The study will assess safety, tolerability, pharmacokinetics, and seizure-related outcomes. Filana holds an exclusive license from Yale University for use of simufilam in TSC-related epilepsy. Lifting the IND hold unlocks a key development milestone and accelerates Phase 2a progress, likely boosting near-term sentiment and potential value.

29 Jul

3

Filana Therapeutics released Q2 2026 financial results and a business update. Quarterly financial results and business updates typically affect near-term investor views and valuation without guaranteeing major strategic shifts.

7 May

3

Filana Therapeutics reported Q1 2026 financial results and issued a business update. Quarterly financial results and business updates typically affect financial performance and investor sentiment moderately.

12 Mar

3

Filana Therapeutics reported fourth quarter and full-year 2025 financial results. Quarterly financial results affect SAVA's financial performance and investor sentiment.

19 Feb

4

Cassava Sciences, Inc. (SAVA) announces the closure of the U.S. Department of Justice investigation with no further action planned. Closure of DOJ probe eliminates major legal overhang, significantly enhancing investor sentiment and stock trajectory.

11 Feb

3

Cassava Sciences, Inc. (SAVA) is highlighted as a promising penny stock alongside two others. The company is focused on developing treatments for neurodegenerative diseases, particularly Alzheimer's. Recent developments and market interest suggest potential growth opportunities for SAVA, attracting attention from investors looking for undervalued stocks in the biotech sector. Cassava Sciences is positioned in a competitive biotech market with potential for moderate influence on its financial performance and investor sentiment.

28 Jan

3

Cassava Technologies and AXON Networks have formed a strategic partnership aimed at enhancing AI adoption and innovation among African businesses. This collaboration seeks to leverage advanced technologies to drive growth and efficiency in various sectors across the continent, positioning both companies as leaders in the AI space in Africa. The partnership may enhance Cassava's competitive positioning and innovation capabilities, but its overall impact on market performance is expected to be limited.

13 Jan

4

Cassava Sciences, Inc. announced the publication of peer-reviewed Phase 3 results for its drug Simufilam, aimed at treating Alzheimer’s Disease, in the Journal of Prevention of Alzheimer’s Disease. The study's findings are expected to contribute to the understanding of Simufilam's efficacy and safety profile, potentially influencing future treatment protocols and market perceptions regarding Alzheimer's therapies. The publication of Phase 3 results for Simufilam could significantly impact investor sentiment and the company's strategic positioning in the Alzheimer's treatment market.

23 Dec

3

Cassava Sciences, Inc. has announced an agreement to settle a securities class action litigation. The settlement aims to resolve claims related to alleged misstatements and omissions regarding the company's business and clinical trial data. The terms of the settlement include a monetary payment, although specific financial details were not disclosed. This agreement is expected to allow the company to move forward without the burden of ongoing litigation. The settlement may alleviate legal uncertainties and improve investor sentiment, but its overall impact on the company's trajectory is expected to be limited.

27 Nov

4

Cassava Sciences, Inc. (SAVA) is highlighted as a top penny stock opportunity for November 2025, attracting attention due to its potential in the biotech sector. The company focuses on developing treatments for neurodegenerative diseases, particularly Alzheimer's. Recent advancements and clinical trial results have positioned SAVA as a notable player in the market, appealing to investors looking for high-risk, high-reward stocks. The article emphasizes the importance of monitoring SAVA's progress and market developments as they could significantly influence investor sentiment and stock performance. Significant advancements in clinical trials and market positioning could greatly influence investor sentiment and the company's trajectory.

25 Nov

4

Cassava Sciences, Inc. saw a surge in stock prices after CEO Remi Barbier purchased 150,000 shares of the company. This significant investment by the CEO is viewed as a strong vote of confidence in the company's future prospects, potentially influencing investor sentiment positively. The purchase occurred at a time when the company is navigating challenges in the biotech sector, particularly related to its Alzheimer's drug candidate. Investors are closely monitoring such insider transactions as indicators of the company's health and future direction. CEO's substantial share purchase signals strong confidence in the company's future, likely influencing investor sentiment significantly.

12 Nov

3

Cassava Sciences, Inc. reported its Q3 2025 financial results, highlighting key metrics and providing a business update. The company detailed its ongoing research initiatives and progress in developing treatments for neurodegenerative diseases. Financial performance showed fluctuations in revenue and expenses, reflecting the company's strategic investments and operational adjustments. Management expressed optimism about future prospects and outlined plans for upcoming clinical trials and product developments. Financial results and updates on research initiatives may moderately influence investor sentiment and operational focus.

22 Oct

3

Cassava Sciences, Inc. has appointed Dawn C. Bir to its Board of Directors, enhancing the company's leadership team. Bir brings extensive experience in the biopharmaceutical industry, having held various senior roles in drug development and commercialization. Her expertise is expected to support Cassava's strategic initiatives and growth in the Alzheimer's disease treatment sector. The appointment of a seasoned professional to the board may positively influence the company's strategic direction and operational effectiveness.

27 Sep

3

Cassava Sciences, Inc. (SAVA) faces scrutiny following the CEO's significant share purchase amid the withdrawal of its Alzheimer's program. The company's valuation is being reevaluated as investors react to these developments, which may impact future performance and market sentiment. The withdrawal of the Alzheimer's program and the CEO's share purchase may moderately influence investor sentiment and financial performance.

24 Sep

4

Cassava Sciences, Inc. has partnered with Accenture to implement sovereign AI solutions across Africa. This collaboration aims to enhance technological capabilities and drive innovation in the region, focusing on addressing local challenges through advanced AI applications. The initiative is expected to foster economic growth and improve various sectors by leveraging AI technologies tailored to the specific needs of African nations. The partnership with Accenture represents a significant strategic move that could enhance Cassava's market position and investor sentiment.

3

Cassava Sciences, Inc. (SAVA) is highlighted among top penny stocks for September 2025, reflecting investor interest and potential growth opportunities. The company is focused on developing treatments for neurodegenerative diseases, particularly Alzheimer's. Recent advancements in clinical trials and positive market sentiment contribute to its inclusion in this spotlight. Investors are encouraged to monitor SAVA's performance closely as it navigates the competitive landscape and regulatory environment. Recent advancements in clinical trials may moderately influence Cassava's financial performance and market positioning.

23 Sep

3

Cassava Sciences, Inc. CEO, Remi Barbier, purchased a significant amount of company stock as its share price plummeted. The stock has faced a steep decline due to ongoing scrutiny and concerns regarding the company's Alzheimer's drug, Simufilam. Despite the turmoil, Barbier's investment is seen as a vote of confidence in the company's future. Analysts remain divided on the implications of the stock's performance and the company's prospects. The CEO's stock purchase indicates confidence, but ongoing scrutiny and stock decline suggest limited positive impact on the company's trajectory.

14 Aug

3

Cassava Sciences, Inc. reported its Q2 2025 financial results, highlighting key metrics such as revenue, expenses, and net income. The company provided updates on its ongoing clinical trials and research initiatives, emphasizing progress in developing treatments for neurodegenerative diseases. Management expressed optimism about future prospects and outlined strategic goals for the remainder of the year. The financial results and updates on clinical trials may moderately influence investor sentiment and the company's competitive positioning.

7 Aug

4

Cassava Sciences, Inc. has appointed Dr. Joseph Hulihan as Chief Medical Officer. Dr. Hulihan brings extensive experience in drug development and clinical research, particularly in neurodegenerative diseases. His appointment is expected to enhance the company's strategic direction and clinical programs, particularly in Alzheimer's disease treatment. The appointment of a seasoned expert like Dr. Hulihan is likely to significantly impact the company's strategic direction and clinical development efforts.

4 Aug

4

Cassava Sciences, Inc. announced positive results from a preclinical study evaluating Simufilam for treating epilepsy related to tuberous sclerosis complex (TSC). The study demonstrated that Simufilam effectively reduced seizure activity in animal models, suggesting potential therapeutic benefits for TSC-related epilepsy. This research aligns with the company's focus on developing treatments for neurodegenerative diseases and highlights the versatility of Simufilam beyond its initial indications. Positive preclinical results for Simufilam in a new indication could significantly enhance the company's product pipeline and market position.

30 Jun

4

Cassava Sciences, Inc. presented promising preclinical data on simufilam at the TSC International Research Conference, showing a 60% reduction in seizure frequency in a mouse model of Tuberous Sclerosis Complex (TSC)-related epilepsy. The company plans to initiate human clinical studies in H1 2026. Additionally, data from two Phase 3 studies in Alzheimer's disease indicated a favorable safety profile for simufilam. The findings support Cassava's commitment to addressing the unmet needs of TSC patients, who often experience lifelong epilepsy and severe neurological issues. The presentation of significant preclinical data and plans for human clinical studies could significantly impact Cassava's future and market performance.

16 May

4

Cassava Sciences, Inc. (SAVA) is highlighted as a promising penny stock for May 2025, driven by its focus on developing treatments for Alzheimer's disease. The company has garnered attention due to its innovative approach and potential breakthroughs in the field. Investors are encouraged to consider SAVA as part of their portfolio, given its growth prospects and the increasing demand for effective Alzheimer's therapies. The company's advancements in Alzheimer's treatment could significantly influence its market position and investor sentiment.

8 May

3

Cassava Sciences, Inc. reported its Q1 2025 financial results, highlighting key metrics and providing a business update. The company discussed its ongoing clinical trials and research initiatives aimed at addressing neurodegenerative diseases. Financial performance showed trends that may influence future operations and investor sentiment. Financial results and updates on clinical trials may moderately influence investor sentiment and operational focus.

1 May

4

Cassava Sciences, Inc. has appointed Angélique Bordey, PhD, as Senior Vice President of Neuroscience to lead its research and development efforts, particularly focusing on simufilam for TSC-related epilepsy. Dr. Bordey, who will maintain her academic role at Yale School of Medicine, brings significant expertise and has been instrumental in securing a patent for simufilam's use in treating TSC-related epilepsy. The collaboration with Yale University allows Cassava to explore this potential indication further. Dr. Bordey expressed enthusiasm about advancing simufilam as a novel treatment for this challenging condition. The appointment of a leading expert and the potential for simufilam to address a significant medical need could significantly impact Cassava's future performance and market position.

21 Apr

3

Cassava Sciences, Inc. announced the retirement of Chief Medical Officer Dr. Jim Kupiec, effective May 9, 2025, and appointed Dr. Jack Moore as Senior Vice President of Clinical Development, starting April 28, 2025. Dr. Kupiec is recognized for his contributions to Alzheimer's disease drug development, while Dr. Moore brings extensive experience in CNS disorders and will focus on advancing the clinical evaluation of simufilam for tuberous sclerosis complex-related epilepsy and other indications. The leadership changes may moderately influence Cassava's clinical development strategy and market positioning.

1 Apr

3

Cassava Sciences, Inc. (SAVA) has seen a significant decline of 39.52% over the past four weeks, attributed to ongoing scrutiny regarding its Alzheimer's drug, Simufilam. Concerns about the drug's efficacy and the company's research practices have led to increased skepticism among investors. Despite this downturn, analysts suggest that the stock may be poised for a rebound, citing potential positive developments in clinical trials and the overall demand for Alzheimer's treatments. The company remains focused on advancing its research and addressing regulatory challenges, which could influence its future performance positively. Ongoing scrutiny and potential positive developments in clinical trials may moderately influence investor sentiment and market performance.

31 Mar

4

Cassava Sciences, Inc. faces challenges following recent setbacks in its clinical trials for Alzheimer's treatment. The company's stock has been under pressure due to concerns over the efficacy and safety of its lead drug candidate, which has led to skepticism among investors. Analysts are questioning the viability of the company's future prospects, and the latest developments have raised doubts about its ability to navigate regulatory hurdles and market competition. As a result, investor sentiment has turned cautious, impacting SAVA's market performance. Recent setbacks in clinical trials could significantly alter investor sentiment and the company's future trajectory.

26 Mar

4

Cassava Sciences must face a malicious prosecution lawsuit from doctors and short-sellers who questioned its Alzheimer's drug simufilam. U.S. District Judge Jennifer Rochon ruled that the plaintiffs could argue that Cassava acted with actual malice in filing a defamation lawsuit against them, which was dismissed in August. The plaintiffs allege that Cassava sought to suppress criticism regarding research misconduct linked to a consulting professor. Cassava's shares, which peaked at over $146 in 2021, now trade below $2, and the company plans to discontinue the simufilam program by June 30 due to poor clinical trial results. The lawsuit and the discontinuation of the Alzheimer's program are likely to significantly impact investor sentiment and the company's future performance.

4

Cassava Sciences has halted the development of simufilam for Alzheimer’s disease following the failure of its second Phase III trial, REFOCUS-ALZ, which did not meet key endpoints. The company plans to explore other central nervous system disorders and has initiated preclinical studies for TSC-related epilepsy. Following the trial failures, Cassava's stock plummeted by 92.82% since the first failure announcement. The company is well-capitalized with $128.6 million in cash as of December 2024. Cassava has faced previous controversies, including a $40 million settlement with the SEC over misleading data and a defamation lawsuit against short sellers. The discontinuation of simufilam for Alzheimer’s disease represents a significant strategic shift and impacts investor sentiment severely.

3

Cassava Sciences, Inc. (SAVA) experienced a significant decline in stock value following a setback related to its Alzheimer's disease treatment. The company faced challenges in its clinical trials, raising concerns among investors about its future prospects. In contrast, other biotech firms, such as Alnylam Pharmaceuticals (ALNY), saw positive movements in their stock prices due to favorable updates. The overall biotech sector remains volatile, with varying performances among companies based on recent developments. The setback in clinical trials is expected to moderately influence investor sentiment and SAVA's financial performance.

stockrow.com/FLNA · Data as of Dec 31, 2013 · For information only; not investment advice. · © 2026 stockrow.com