Mustang Bio, Inc. MBIO

0.52 (0.01) (1.89%) as of 25 Sep
Market cap
$4.0M
P/E
0.0×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.00
Total sells 0.00
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 1 — — — — — — — — —
Sell — — 2 — — — — — — — — —
Insider Ownership 4.35%

Capital & Financial Ratios

Market Cap 3.99
Revenue —
Net Income (3.03)
Free Cash Flow (4.51)
Net Debt (15.15)
Current Ratio 1.97
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 0.46
Past 5Y EPS Growth 51.52%
This Y EPS Growth 86.50%
Next Y EPS Growth 56.79%
Next 5Y EPS Growth —
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 6 7 17 15
Receivables 4 0 0 0
Inventory — — — —
Other — 1 — —
11 9 18 16
2023 2024 2025 Q'26
Payables 14 9 5 5
ST’ Debt — — — —
Other — — — —
15 13 8 8
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow 0.00% 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value 0.00% (37.31%) (40.95%)

Revenue

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

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (1) (1) — — —
’25 (1) (1) (1) (2) (5)
’24 (5) (2) (2) (2) (11)
’23 (18) (12) (12) (7) (49)
’22 (16) (18) (16) (15) (65)
’21 (16) (12) (11) (15) (54)
’20 (10) (8) (10) (9) (37)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (1) (1) — — —
’25 0 (1) (1) (2) (4)
’24 (5) (2) (2) (2) (11)
’23 (18) (12) (6) (7) (44)
’22 (18) (18) (17) (16) (68)
’21 (16) (15) (12) (16) (59)
’20 (11) (8) (12) (11) (42)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.14) (0.16) — — —
’25 (0.05) (0.19) (0.07) (0.08) (0.39)
’24 (23.00) (17.50) (2.00) 19.31 (25.82)
’23 (103.00) (100.00) (61.50) (35.50) (300.00)
’22 (149.92) (142.43) (134.93) (134.93) (562.22)
’21 (142.43) (119.94) (142.43) (164.92) (569.71)
’20 (209.89) (239.88) (172.41) (239.88) (854.57)
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
— 6,041.25 1,635.00 1,882.50 1,335.00 1,215.00 236.25 60.50 6.40 0.89

Analyst estimates 2026–2028

Powerpack
Low Price
— 10,012.50 9,667.50 7,650.00 3,637.50 3,915.00 1,376.25 554.25 76.50 21.95
High Price
3 6 38 51 62 102 113 80 6 4
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% — — —
Gross Margin
(13) (31) (31) (46) (60) (66) (78) (52) (16) (2)
EBT
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
(13) (31) (31) (46) (60) (66) (78) (52) (16) (2)
Net Income
1 0 1 2 4 2 4 2 1 0
Depreciation
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
(860.23) (929.53) (854.57) (967.02) (854.57) (569.71) (562.22) (300.00) (25.82) (0.39)
Earnings/Sh
(280.88) (384.21) (536.04) (698.15) (531.61) (457.91) (423.33) (287.66) (18.70) (1.07)
Cash Flow/Sh
0.00 (83.06) (221.31) (76.82) (62.85) (45.78) (19.21) 34.22 0.00 0.24
Capex/Sh
(280.88) (467.27) (757.35) (774.97) (594.46) (503.69) (442.54) (253.44) (18.70) (0.84)
Free CF/Sh
1,651.43 1,775.43 1,013.82 1,073.85 1,402.21 959.04 301.06 0.72 (6.35) 1.94
Book Value/Sh
0 0 0 0 0 0 0 0 1 5
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
(4) (13) (19) (34) (37) (54) (65) (49) (11) (5)
Op' Cash Flow
— (3) (8) (4) (4) (5) (3) 6 0 1
Capex
(4) (16) (27) (37) (42) (59) (68) (44) (11) (4)
FCF
24 58 30 55 90 101 64 (4) (4) 10
Working Cap'
0 — — 13 2 2 28 — — —
Total Debt
(27) (61) (34) (48) (96) (108) (48) (6) (7) (17)
Net Debt
24 60 36 52 98 112 46 0 (4) 10
Sh' Equity
(92.03%) (68.77%) (57.72%) (79.84%) (65.47%) (56.47%) (71.26%) (93.68%) (116.47%) (14.28%)
ROA
0.00% 0.00% (840.05%) (781.85%) (1,241.82%) (866.08%) 0.00% 0.00% 0.00% 0.00%
ROIC
(125.62%) (74.40%) (63.73%) (105.37%) (79.97%) (62.96%) (97.72%) (222.44%) 840.11% (67.93%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Mustang Bio, Inc. (MBIO) key facts

  • Mustang Bio, Inc. (MBIO) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of September 25, 2026, MBIO traded at $0.52, a market capitalization of $4.0 million.
  • Return on equity was −67.9% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Mustang Bio, Inc. (MBIO) Latest News

News by impact score

Fine-tune

7 Jul

4

Mustang Bio, Inc. announced that the U.S. FDA granted Orphan Drug Designation for MB-101, an IL13Ra2-targeted CAR T-cell therapy, to treat recurrent astrocytomas and glioblastoma. In a Phase 1 trial, MB-101 was well-tolerated, with 50% of patients achieving stable disease or better. The company aims to combine MB-101 with MB-108, an HSV-1 oncolytic virus, to enhance treatment efficacy by reshaping the tumor microenvironment. Mustang previously received Orphan Drug Designation for MB-108 for malignant glioma. The company continues to seek funding and partnerships to advance its programs. The Orphan Drug Designation and promising trial results are likely to significantly enhance Mustang's market position and investor sentiment.

5 Mar

3

Mustang Bio, Inc. has regained compliance with the Nasdaq Capital Market's minimum stockholders' equity requirement, as confirmed by Nasdaq on February 26, 2025. The company previously met the minimum bid price requirement, and now fulfills all listing requirements for continued presence on the Nasdaq Capital Market. Mustang Bio focuses on developing cell therapies for difficult-to-treat cancers and has partnerships with leading medical institutions. Regaining compliance with Nasdaq requirements may positively influence investor sentiment and financial performance but does not fundamentally alter the company's trajectory.

27 Feb

4

Mustang Bio, Inc. announced the exit of its manufacturing facility lease in Worcester, Massachusetts, and the sale of fixed assets to AbbVie for $1 million. The company has relocated its headquarters to Waltham, Massachusetts, expecting to save approximately $2 million in cash expenses over the next 24 months. Mustang plans to continue relying on academic partners and contract manufacturing for clinical trials and aims to initiate a novel clinical trial with MB-109 for recurrent glioblastoma in the second half of 2025. The lease exit and asset sale represent significant strategic moves that could enhance financial performance and operational efficiency.

11 Feb

3

Mustang Bio, Inc. has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a notice from Nasdaq. Following a public offering on February 10, 2025, the company believes it has at least $2.5 million in stockholders' equity, meeting another Nasdaq listing requirement. A formal compliance determination from Nasdaq is pending, and there is no guarantee of receiving it. Regaining compliance with Nasdaq requirements may positively influence investor sentiment and financial stability.

10 Feb

3

Mustang Bio, Inc. has closed an $8 million public offering, issuing 2,657,807 shares of common stock and accompanying warrants at a price of $3.01 per share. The Series C-1 and C-2 warrants will allow for the purchase of additional shares at the same price, with varying expiration dates. H.C. Wainwright & Co. served as the exclusive placement agent for the offering. Proceeds will be used for working capital and general corporate purposes. The offering was registered with the SEC and is detailed in a final prospectus available online. The public offering provides significant funding that may enhance Mustang's financial performance and support its product development efforts.

6 Feb

3

Mustang Bio, Inc. has announced the pricing of a public offering amounting to $8 million. The offering consists of 8 million shares priced at $1.00 each, with the company expecting to close the transaction on or about October 30, 2023. The proceeds from the offering will be used for general corporate purposes, including funding clinical trials and other operational expenses. The public offering may provide necessary funding for clinical trials, impacting financial performance and operational capabilities.

14 Jan

3

Mustang Bio, Inc. announced a reverse stock split at a ratio of 1-for-15, effective immediately. This decision aims to increase the per-share price of its common stock to meet the minimum bid price requirement for continued listing on the Nasdaq. The reverse split will reduce the number of outstanding shares, but it will not affect the overall value of shareholders' investments. The company believes this move will enhance its ability to attract institutional investors and improve liquidity. The reverse stock split is expected to moderately influence market perception and liquidity but does not fundamentally change the company's operations or strategic direction.

8 Nov

4

Mustang Bio's MB-108 receives FDA orphan drug status for glioma treatment, potentially enhancing efficacy of combination therapy for recurrent GBM. The FDA orphan drug designation for MB-108 and potential combination therapy with MB-101 could significantly impact Mustang Bio's future treatment options for malignant glioma.

7 Nov

4

Mustang Bio granted Orphan Drug Designation by U.S. FDA for MB-108 (HSV-1 oncolytic virus) to treat Malignant Glioma. The Orphan Drug Designation by the FDA for MB-108 has the potential to significantly impact Mustang Bio's future and market performance.

26 Oct

4

FDA accepts Mustang Bio's IND application for MB-109, a combination therapy for recurrent GBM and high-grade astrocytoma. The acceptance of the IND application for a novel combination therapy has the potential to significantly impact Mustang Bio's future and market performance.

3

Mustang Bio secures $4 million through strategic warrant agreement with institutional investor. The agreement is expected to moderately influence key areas such as working capital and corporate objectives.

3

Mustang Bio announces $4.4 million registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to have a moderately noticeable influence on Mustang Bio's financial position and general corporate purposes.

24 Oct

3

Mustang Bio, Inc. announced the exercise of warrants for $4 million gross proceeds. The exercise of warrants will provide additional funding for working capital and general corporate purposes.

28 Jun

4

Enveric Biosciences Inc. designates EB-003 as lead development candidate targeting mental health disorders without hallucinogenic side effects. Company initiates partnerships for drug candidates derived from psychedelic and cannabinoid structures. Enveric Biosciences' strategic partnerships and lead development candidate have the potential to significantly impact its future trajectory and market performance.

21 Jun

3

Mustang Bio, Inc. closed a $2.5 million registered direct offering priced at-the-market under Nasdaq rules, issuing 6,130,000 shares of common stock at $0.41 per share. The offering will provide working capital and general corporate purposes, impacting financial performance and potentially influencing market sentiment.

20 Jun

3

Mustang Bio, Inc. announces a $2.5 million registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to have a moderately noticeable influence on Mustang Bio, Inc.'s financial performance and general corporate purposes.

18 Jun

4

Mustang Bio (MBIO) reported positive results from a study on MB-106 in patients with rare blood cancer, leading to a 477% increase in share price. The positive results from the study have the potential to significantly impact Mustang Bio's future performance and market sentiment.

17 Jun

4

Mustang Bio, Inc. announces favorable efficacy and safety data from Phase 1/2 clinical trial of MB-106 for Waldenstrom macroglobulinemia, with a 90% overall response rate and durable responses observed. Significant impact likely on future and performance due to positive efficacy and safety data from the clinical trial, potentially shaping the company's trajectory and investor sentiment.

2 May

4

Mustang Bio, Inc. closes $4 million public offering with potential additional gross proceeds of up to $12 million. The public offering and potential additional proceeds could significantly impact Mustang Bio, Inc.'s financial position and future strategic moves.

29 Apr

4

Mustang Bio, Inc. announced pricing of $4 million public offering. The public offering and pricing details are significant and can impact the company's financial performance and strategic direction.

28 Mar

4

Mustang Bio, Inc. plans to expand into autoimmune diseases with MB-106 CAR T-cell therapy, initiating Phase 1 trial in Q4 2024. The expansion into autoimmune diseases with promising CAR T-cell therapy has the potential to significantly impact Mustang Bio's future and market performance.

11 Mar

4

Mustang Bio, Inc. reports financial results and recent corporate highlights for full-year 2023. Significant impact expected on future performance with key developments in clinical trials and potential therapies.

7 Mar

4

Mustang Bio, Inc. announced promising Phase 1 trial data for MB-101 CAR T-cells in treating high-grade glioma, with 50% achieving stable disease or better and 70% improvement in median overall survival. The Phase 1 trial results demonstrate significant potential for MB-101 CAR T-cells to transform treatment of recurrent GBM, with unprecedented complete responses and promising therapy-related bioactivity data.

11 Jan

3

Mustang Bio, Inc. to participate in B. Riley Securities 4th Annual Oncology Conference. Participation in conference may influence market sentiment and competitive positioning.

11 Dec

4

Mustang Bio, Inc. presents updated Phase 1/2 clinical data for MB-106 at ASH Annual Meeting showing favorable safety profile and complete response rate in patients with relapsed or refractory indolent B-cell Non-Hodgkin Lymphoma. The updated clinical data presented at ASH Annual Meeting could lead to significant impact on Mustang Bio, Inc.'s future and market performance with potential for major strategic moves and product launches.

14 Nov

4

Mustang Bio, Inc. reports financial results and recent corporate highlights for the third quarter of 2023, including progress on lead clinical candidate MB-106 and FDA acceptance of IND for MB-109. Significant impact expected on future performance due to progress on lead clinical candidate and FDA acceptance of new IND.

2 Nov

4

Mustang Bio announces favorable safety and efficacy data for MB-106 CD20-targeted CAR-T therapy in lymphoma patients selected for presentation at ASH Annual Meeting. Positive interim data from Phase 1/2 trial with potential for significant impact on future product development and market performance.

30 Oct

3

Mustang Bio, Inc. closed a $4.4 million registered direct offering priced at-the-market under Nasdaq rules. The offering will provide working capital and general corporate purposes, impacting financial performance.

16 Aug

4

Mustang Bio, Inc. announces positive initial data from ongoing Phase 1/2 clinical trial for MB-106 CAR-T cell therapy, showing clinical responses in indolent lymphoma patients. The positive initial data from the ongoing clinical trial could have a significant impact on Mustang Bio, Inc.'s future performance and market positioning.

14 Aug

4

Mustang Bio, Inc. reports financial results and recent corporate highlights for the second quarter of 2023, including advancements in their lead clinical candidate MB-106 and a strategic transaction with uBriGene Biosciences Inc. The strategic transaction and advancements in their lead clinical candidate have the potential to significantly impact Mustang Bio, Inc.'s future performance and market positioning.

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