NextCure, Inc.

NXTC Healthcare Biotechnology

EPS
+75.2%
Free cash flow
+57.2%

Quarter to June 2026, against a year earlier

5.30 0.18 +3.52%
Market cap
$23.4M
P/E
0.0×
Fwd P/E
−2.4×
Dividend yield
—
F-score
n/a
Altman Z
14.11
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 1.77
Sold, $m 0.18
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — 2 — — 1 —
Sell — — — — — — — — 1 — — —
Insider Ownership 27.87%

Capital & Financial Ratios $m

Size
Market Cap 23.44
Revenue ttm 27.37
Net income ttm (42.75)
Free cash flow ttm (36.98)
Net debt Q (20.09)
Valuation
P/E 0.00
Forward P/E (2.39) (negative: loss-making)
Price / sales 1.03
Forward P/S Powerpack
Price / FCF 0.00
Price / book 2.32
Financial health
Current ratio Q 3.47 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +1,549.08% (above 0%: growing)
Operating income growth Q +44.69% (above 0%: growing)
EPS, this year +67.74% (at or above 15%: strong)
EPS, next year A +78.23% (at or above 15%: strong)
Revenue, next year A −100.00% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +60.40% (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 16.42%
10-year low 10-year high
P/B against its own 10 years 88.32%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 108 69 42 20
Receivables — — — —
Inventory — — — —
Other — — — —
113 72 44 22
2023 2024 2025 Q'26
Payables 2 5 2 3
ST’ Debt — — — —
Other — — — —
7 10 11 6

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (34.67%) (40.70%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (1.87) (2.80) — — —
’25 (4.68) (11.29) (3.22) (2.37) (19.65)
’24 (7.32) (6.60) (4.92) (4.92) (23.89)
’23 (6.96) (7.68) (6.12) (6.24) (27.01)
’22 (8.88) (7.80) (8.16) (7.44) (32.29)
’21 (7.20) (7.80) (7.80) (7.32) (30.13)
’20 3.96 (6.36) (7.08) (6.72) (15.97)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’20 22 — — — 22
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (13) (10) — — —
’25 (13) (23) (6) (8) (50)
’24 (13) (10) (11) (7) (41)
’23 (15) (15) (13) (11) (53)
’22 (15) (14) (15) (9) (54)
’21 (14) (17) (13) (13) (57)
’20 (11) (12) (16) (6) (45)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (13) (10) — — —
’25 (13) (23) (6) (8) (50)
’24 (13) (10) (12) (7) (41)
’23 (15) (15) (13) (11) (54)
’22 (16) (15) (16) (10) (56)
’21 (15) (17) (13) (14) (60)
’20 (12) (15) (18) (7) (52)
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 — — — 6 22 — — — — — 27 +252.6% — — 6 —
Gross margin, % — 0.00 0.00 100.00 100.00 0.00 0.00 — — — 0.00 0.0 pt
EBT — (15) (23) (34) (37) (69) (75) (63) (56) (56) (43) +17.4%
EBT margin, % — 0.00 0.00 (531.54) (163.57) 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — (15) (23) (34) (37) (69) (75) (63) (56) (56) (43) +17.4%
Per share, $
Per share, $ Revenue — 0.00 0.00 4.85 9.76 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — (135.65) (199.78) (25.81) (15.97) (30.13) (32.29) (27.01) (23.89) (19.65) (10.26) (21.5%)
Cash flow — (109.77) 70.04 (27.25) (19.60) (24.90) (23.32) (22.85) (17.51) (17.45) (6.97) (20.5%)
Capex — (75.89) (26.84) (2.58) (3.11) (1.03) (0.92) (0.35) (0.20) 0.00 0.00 n/m
Free cash flow — (185.67) 43.20 (29.83) (22.71) (25.93) (24.23) (23.20) (17.71) (17.45) (6.97) (25.6%)
Book value — 136.74 1,010.33 245.90 128.07 101.45 72.49 49.34 28.09 12.29 2.29 (26.0%)
Shares, m — 0 0 1 2 2 2 2 2 3 4 +49.5%
Valuation, ×
Valuation, × P/E — — — 0.00 0.00 — — — — — 0.00 0.0
P/S — — — 139.25 10.96 — — — — — 1.03 75.1
P/B — — — 2.75 1.02 — — — — — 2.32 1.9
EV/Sales — — — 87.05 0.67 — — — — — 0.39 43.9
EV/FCF — — — (14.17) (0.35) — — — — — (0.29) (7.3)
Cash, $m
Cash, $m Operating cash flow — (13) 8 (36) (45) (57) (54) (53) (41) (50) (37) +18.8%
Capex — (9) (3) (3) (7) (2) (2) (1) 0 — 0 (34.0%)
Free cash flow — (21) 5 (39) (52) (60) (56) (54) (41) (50) (37) +11.2%
Balance, $m
Balance, $m Working capital — 6 125 325 278 221 155 106 62 33 16 +23.1%
Net debt — (8) (135) (331) (282) (220) (160) (108) (69) (42) (20) +22.2%
Shareholders’ equity — 16 115 321 294 233 168 114 65 35 12 +10.6%
Returns, %
Returns, % ROA — (18.52) (27.29) (13.39) (11.04) (25.28) (35.04) (40.18) (53.28) (85.23) (121.60) (66.7) pt
ROIC — (135.71) 0.00 0.00 (214.00) (320.61) (622.69) (690.51) 0.00 0.00 0.00 +135.7 pt
ROE — 43.36 63.90 (24.58) (11.90) (26.33) (37.28) (44.49) (61.87) (111.23) (195.22) (154.6) pt
People
People Employees — — 44 69 90 87 99 82 43 40 — (1.4%)
Revenue/emp, $m — — 0.00 0.09 0.25 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 Mar 2020 · fundamentals updated 25 Oct 2026

NextCure, 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
RNAZ TransCode Therapeutics Inc. $25.6M — (loss-making) — — n/m −28.79% (below 0%: shrinking) 0.00% 0.00% Compare
AARD Aardvark Therapeutics, Inc. $24.3M — (loss-making) — — n/m −77.14% (below 0%: shrinking) — 0.00% Compare
CVM Cel-Sci Corporation $24.1M — (loss-making) — (loss-making) −62.66% (below 0%: shrinking) n/m −2.33% (below 0%: shrinking) 0.00% 0.00% Compare
CELU Celularity, Inc. $23.5M — (loss-making) — (loss-making) −5.30% (below 0%: shrinking) n/m −10.91% (below 0%: shrinking) 56.79% (78.00%) Compare
NXTC NextCure, Inc. $23.4M — (loss-making) — (loss-making) +1,549.08% (above 0%: growing) n/m +57.23% (above 0%: growing) 0.00% 0.00%
EVAX Evaxion A/S - Sponsored ADR $23.0M — (loss-making) — (loss-making) +14,590.20% (above 0%: growing) n/m −56.70% (below 0%: shrinking) 100.00% 0.00% Compare
IGC IGC Pharma, Inc. $22.0M — (loss-making) — (loss-making) 0.00% n/m −45.33% (below 0%: shrinking) 18.60% (588.72%) Compare
CRVO CervoMed Inc. $21.9M — (loss-making) — (loss-making) −99.60% (below 0%: shrinking) n/m −6.20% (below 0%: shrinking) 100.00% 0.00% Compare
FLNA Cassava Sciences, Inc. $21.8M — (loss-making) — +1,328.04% (above 0%: growing) n/m +21.65% (above 0%: growing) 0.00% 0.00% Compare
Median of peers $23.3M — — −2.65% — −19.85% 18.60% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 24 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 941.69k 1.07m 84.00
2024 1.51m 1.14m 55.00
2023 1.04m 885.07k 81.00

Ownership

Directors and executive officers, together 11.90%
Affinity Asset Advisors, LLC 9.99%
Ikarian Healthcare Master Fund, LP 9.99%
Squadron Master Fund LP 9.99%
Simcere Zaiming, Inc. 9.40%
Sofinnova Venture Partners IX, L.P. 6.20%
Michael Richman 5.70%
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

NextCure, Inc. (NXTC) Latest News

23 Jan

Impact 4 · · GlobeNewswire

12 Nov

Impact 3 · · GlobeNewswireMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT NewswiresMT Newswires

18 Oct

Impact 3 · · Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.

17 Jun

Impact 4 · · pharmaceutical-technology.com

10 Feb

10 Dec

stockrow.com/NXTC · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com