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COYA Stock Analysis - Coya Therapeutics, Inc. AI Rating

COYA Nasdaq Pharmaceutical Preparations DE CIK: 0001835022
Recently Updated • Analysis: Mar 22, 2026 • SEC Data: 2025-12-31
AI Rating
SELL
85% Confidence

📊 COYA Key Takeaways

Revenue: $7.9M
Net Margin: -267.1%
Free Cash Flow: $-10.7M
Current Ratio: 8.50x
Debt/Equity: 0.00x
EPS: $-1.27
AI Rating: SELL with 85% confidence

Investment Thesis

Coya Therapeutics is a pre-commercial pharmaceutical company burning through cash with severe operating losses and negative margins, though revenue growth of 124% YoY suggests product traction. The company maintains adequate liquidity with $46.8M in cash and minimal debt, but at the current burn rate of $10.7M in operating cash flow losses, runway is limited to approximately 4-5 years without achieving profitability or securing additional financing. Investment viability depends entirely on clinical success and commercialization of pipeline candidates to reverse deeply negative unit economics.

COYA Strengths

  • + Exceptional revenue growth of 123.6% YoY indicates emerging commercial traction and market adoption
  • + Strong balance sheet with $46.8M cash, minimal debt (0.00x Debt/Equity), and 8.50x current ratio providing substantial financial flexibility
  • + Adequate liquidity runway of approximately 4-5 years based on current cash position and operating burn rate

COYA Risks

  • ! Severe operating losses of -$22.6M on only $7.9M revenue with -283.9% operating margin indicate unsustainable unit economics and pre-profitability status
  • ! Negative free cash flow of -$10.7M annually demonstrates the company is not cash generative and remains dependent on capital reserves
  • ! No long-term debt disclosure combined with pharmaceutical sector dynamics suggest future financing needs are likely required before achieving profitability
  • ! Diluted EPS of -$1.27 reflects substantial shareholder dilution, with 9 Form 4 insider filings in 90 days warranting monitoring for capital raising activities

Key Metrics to Watch

COYA Financial Metrics

Revenue
$7.9M
Net Income
$-21.2M
EPS (Diluted)
$-1.27
Free Cash Flow
$-10.7M
Total Assets
$50.0M
Cash Position
$46.8M

💡 AI Analyst Insight

Strong liquidity with a 8.50x current ratio provides a solid financial cushion.

COYA Profitability Ratios

Gross Margin N/A
Operating Margin -283.9%
Net Margin -267.1%
ROE -49.3%
ROA -42.5%
FCF Margin -135.2%

COYA vs Healthcare Sector

How Coya Therapeutics, Inc. compares to Healthcare sector averages

Net Margin
COYA -267.1%
vs
Sector Avg 12.0%
COYA Sector
ROE
COYA -49.3%
vs
Sector Avg 15.0%
COYA Sector
Current Ratio
COYA 8.5x
vs
Sector Avg 2.0x
COYA Sector
Debt/Equity
COYA 0.0x
vs
Sector Avg 0.6x
COYA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

COYA Balance Sheet & Liquidity

Current Ratio
8.50x
Quick Ratio
8.50x
Debt/Equity
0.00x
Debt/Assets
13.9%
Interest Coverage
N/A
Long-term Debt
N/A

COYA 5-Year Financial Trend

COYA 5-year financial data: Year 2023: Revenue $6.0M, Net Income -$12.2M, EPS $-4.73. Year 2024: Revenue $6.0M, Net Income -$8.0M, EPS $-0.79. Year 2025: Revenue $7.9M, Net Income -$14.9M, EPS $-0.98.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Coya Therapeutics, Inc.'s revenue has grown significantly by 32% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.98 indicates the company is currently unprofitable.

COYA Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-135.2%
Free cash flow / Revenue

COYA Quarterly Performance

Quarterly financial performance data for Coya Therapeutics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $3.6M -$2.1M $-0.13
Q2 2025 $163.6K -$2.9M $-0.19
Q1 2025 $126.8K -$5.1M $-0.35
Q3 2024 N/A -$2.7M $-0.26
Q2 2024 N/A -$2.7M $-0.19
Q1 2024 N/A -$2.7M $-0.28

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

COYA Capital Allocation

Operating Cash Flow
-$10.7M
Cash generated from operations
Dividends
None
No dividend program

COYA SEC Filings

Access official SEC EDGAR filings for Coya Therapeutics, Inc. (CIK: 0001835022)

📋 Recent SEC Filings

Date Form Document Action
Mar 16, 2026 10-K coya-20251231.htm View →
Mar 16, 2026 8-K coya-20260316.htm View →
Jan 30, 2026 8-K d88735d8k.htm View →
Jan 26, 2026 4 xslF345X05/ownership.xml View →
Jan 26, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about COYA

What is the AI rating for COYA?

Coya Therapeutics, Inc. (COYA) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are COYA's key strengths?

Exceptional revenue growth of 123.6% YoY indicates emerging commercial traction and market adoption. Strong balance sheet with $46.8M cash, minimal debt (0.00x Debt/Equity), and 8.50x current ratio providing substantial financial flexibility.

What are the risks of investing in COYA?

Severe operating losses of -$22.6M on only $7.9M revenue with -283.9% operating margin indicate unsustainable unit economics and pre-profitability status. Negative free cash flow of -$10.7M annually demonstrates the company is not cash generative and remains dependent on capital reserves.

What is COYA's revenue and growth?

Coya Therapeutics, Inc. reported revenue of $7.9M.

Does COYA pay dividends?

Coya Therapeutics, Inc. does not currently pay dividends.

Where can I find COYA SEC filings?

Official SEC filings for Coya Therapeutics, Inc. (CIK: 0001835022) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is COYA's EPS?

Coya Therapeutics, Inc. has a diluted EPS of $-1.27.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2025-12-31 | Powered by Claude AI