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CUE Stock Analysis - Cue Biopharma, Inc. AI Rating

CUE Nasdaq Pharmaceutical Preparations DE CIK: 0001645460
Recently Updated • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
AI Rating
SELL
85% Confidence

📊 CUE Key Takeaways

Revenue: $27.5M
Net Margin: -96.9%
Free Cash Flow: $-21.9M
Current Ratio: 2.74x
Debt/Equity: 0.00x
EPS: $-0.28
AI Rating: SELL with 85% confidence

Investment Thesis

Cue Biopharma exhibits severe financial distress with massive operating losses (-96.7% margin) despite 7,793% revenue growth, indicating unsustainable burn rate and pre-commercial stage losses. The company is burning cash at an alarming rate (-$21.7M operating cash flow on $27.5M revenue) and will exhaust its $27.1M cash reserve within 14 months at current burn, leaving minimal runway for clinical development.

CUE Strengths

  • + Strong liquidity position with $27.1M cash and 2.74x current ratio providing near-term operational flexibility
  • + Dramatic 7,793% revenue growth suggests early commercialization or partnerships beginning to generate income
  • + Zero long-term debt reduces financial leverage risk and future solvency concerns

CUE Risks

  • ! Severe cash burn of -$21.9M free cash flow with only 14 months of runway at current burn rate before insolvency
  • ! Operating margin of -96.7% and net margin of -96.9% indicate fundamental unprofitability and no path to profitability visible
  • ! Negative ROE (-100.6%) and ROA (-63.0%) demonstrate value destruction and inefficient capital deployment
  • ! Operating cash outflows of -$21.7M on $27.5M revenue indicates business model not yet sustainable

Key Metrics to Watch

CUE Financial Metrics

Revenue
$27.5M
Net Income
$-26.6M
EPS (Diluted)
$-0.28
Free Cash Flow
$-21.9M
Total Assets
$42.2M
Cash Position
$27.1M

💡 AI Analyst Insight

Strong liquidity with a 2.74x current ratio provides a solid financial cushion.

CUE Profitability Ratios

Gross Margin N/A
Operating Margin -96.7%
Net Margin -96.9%
ROE -100.6%
ROA -63.0%
FCF Margin -79.6%

CUE vs Healthcare Sector

How Cue Biopharma, Inc. compares to Healthcare sector averages

Net Margin
CUE -96.9%
vs
Sector Avg 12.0%
CUE Sector
ROE
CUE -100.6%
vs
Sector Avg 15.0%
CUE Sector
Current Ratio
CUE 2.7x
vs
Sector Avg 2.0x
CUE Sector
Debt/Equity
CUE 0.0x
vs
Sector Avg 0.6x
CUE Sector

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

CUE Balance Sheet & Liquidity

Current Ratio
2.74x
Quick Ratio
2.74x
Debt/Equity
0.00x
Debt/Assets
37.4%
Interest Coverage
-265.52x
Long-term Debt
$0.0

CUE 5-Year Financial Trend

CUE 5-year financial data: Year 2021: Revenue $14.9M, Net Income -$44.8M, EPS N/A. Year 2022: Revenue $14.9M, Net Income -$44.2M, EPS $-1.41. Year 2023: Revenue $5.5M, Net Income -$53.0M, EPS $-1.49. Year 2024: Revenue $9.3M, Net Income -$50.7M, EPS $-1.11. Year 2025: Revenue $27.5M, Net Income -$40.7M, EPS $-0.72.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cue Biopharma, Inc.'s revenue has grown significantly by 84% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.72 indicates the company is currently unprofitable.

CUE 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
-79.6%
Free cash flow / Revenue

CUE Quarterly Performance

Quarterly financial performance data for Cue Biopharma, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $2.1M -$7.4M $-0.07
Q2 2025 $2.7M -$8.5M $-0.09
Q1 2025 $421.0K -$12.3M $-0.17
Q3 2024 $2.1M -$8.7M $-0.17
Q2 2024 $1.4M -$10.2M $-0.20
Q1 2024 $187.0K -$12.3M $-0.25
Q3 2023 $68.0K -$11.0M $-0.24
Q2 2023 $26.0K -$13.2M $-0.29

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

CUE Capital Allocation

Operating Cash Flow
-$21.7M
Cash generated from operations
Capital Expenditures
$177.0K
Investment in assets
Dividends
None
No dividend program

CUE SEC Filings

Access official SEC EDGAR filings for Cue Biopharma, Inc. (CIK: 0001645460)

📋 Recent SEC Filings

Date Form Document Action
Mar 16, 2026 DEF 14A cue-20260316.htm View →
Mar 16, 2026 8-K cue-20260316.htm View →
Mar 16, 2026 10-K cue-20251231.htm View →
Feb 18, 2026 8-K cue-20260218.htm View →
Feb 12, 2026 8-K cue-20260209.htm View →

Frequently Asked Questions about CUE

What is the AI rating for CUE?

Cue Biopharma, Inc. (CUE) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are CUE's key strengths?

Strong liquidity position with $27.1M cash and 2.74x current ratio providing near-term operational flexibility. Dramatic 7,793% revenue growth suggests early commercialization or partnerships beginning to generate income.

What are the risks of investing in CUE?

Severe cash burn of -$21.9M free cash flow with only 14 months of runway at current burn rate before insolvency. Operating margin of -96.7% and net margin of -96.9% indicate fundamental unprofitability and no path to profitability visible.

What is CUE's revenue and growth?

Cue Biopharma, Inc. reported revenue of $27.5M.

Does CUE pay dividends?

Cue Biopharma, Inc. does not currently pay dividends.

Where can I find CUE SEC filings?

Official SEC filings for Cue Biopharma, Inc. (CIK: 0001645460) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CUE's EPS?

Cue Biopharma, Inc. has a diluted EPS of $-0.28.

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 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI