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NextCure, Inc. (NXTC) Stock Fundamental Analysis & AI Rating 2026

NXTC Nasdaq Pharmaceutical Preparations DE CIK: 0001661059
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
SELL
78% Conf
Pending
Analysis scheduled

📊 NXTC Key Takeaways

Revenue: $22.4M
Net Margin: -249.5%
Free Cash Flow: $-50.1M
Current Ratio: 4.14x
Debt/Equity: 0.00x
EPS: $-19.65
AI Rating: SELL with 78% confidence
NextCure, Inc. (NXTC) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $22.4M, net profit margin of -249.5%, and return on equity (ROE) of -159.8%, NextCure, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete NXTC stock analysis for 2026.

Is NextCure, Inc. (NXTC) a Good Investment?

Claude

NextCure shows impressive revenue growth of 252.6% YoY, but remains deeply unprofitable with operating margins of -257.5% and is burning $50.1M in annual free cash flow against only $26M in cash reserves, creating critical funding risk within 6-12 months. While the debt-free balance sheet and strong early revenue traction are positive, the company's cash runway does not support path to profitability without additional capital raises.

Why Buy NextCure, Inc. Stock? NXTC Key Strengths

Claude
  • + Strong revenue growth momentum at 252.6% YoY indicating market traction and commercialization progress
  • + Robust liquidity position with 4.14x current ratio and $26M cash providing operational flexibility
  • + Clean balance sheet with zero long-term debt eliminates leverage risk and financial distress concerns

NXTC Stock Risks: NextCure, Inc. Investment Risks

Claude
  • ! Severe negative cash flow with -$50.1M free cash flow annually coupled with only $26M cash reserves creates acute liquidity risk with 6-12 month runway
  • ! Operating losses of -$57.6M and net margin of -249.5% demonstrate business model not yet sustainable or approaching profitability
  • ! High dilution from likely future capital raises required to fund ongoing losses and R&D spend

Key Metrics to Watch

Claude
  • * Operating cash burn rate and months of cash runway remaining
  • * Gross margin realization and product-level unit economics as commercialization scales
  • * Path to positive operating cash flow and timeline to profitability

NextCure, Inc. (NXTC) Financial Metrics & Key Ratios

Revenue
$22.4M
Net Income
$-55.8M
EPS (Diluted)
$-19.65
Free Cash Flow
$-50.1M
Total Assets
$50.2M
Cash Position
$26.0M

💡 AI Analyst Insight

Strong liquidity with a 4.14x current ratio provides a solid financial cushion.

NXTC Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -257.5%
Net Margin -249.5%
ROE -159.8%
ROA -111.3%
FCF Margin -223.8%

NXTC vs Healthcare Sector: How NextCure, Inc. Compares

How NextCure, Inc. compares to Healthcare sector averages

Net Margin
NXTC -249.5%
vs
Sector Avg 12.0%
NXTC Sector
ROE
NXTC -159.8%
vs
Sector Avg 15.0%
NXTC Sector
Current Ratio
NXTC 4.1x
vs
Sector Avg 2.0x
NXTC Sector
Debt/Equity
NXTC 0.0x
vs
Sector Avg 0.6x
NXTC Sector

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

Is NextCure, Inc. Stock Overvalued? NXTC Valuation Analysis 2026

Based on fundamental analysis, NextCure, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-159.8%
Sector avg: 15%
Net Profit Margin
-249.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

NextCure, Inc. Balance Sheet: NXTC Debt, Cash & Liquidity

Current Ratio
4.14x
Quick Ratio
4.14x
Debt/Equity
0.00x
Debt/Assets
30.4%
Interest Coverage
-314.84x
Long-term Debt
$0.0

NXTC Revenue & Earnings Growth: 5-Year Financial Trend

NXTC 5-year financial data: Year 2019: Revenue $6.3M, Net Income N/A, EPS N/A. Year 2020: Revenue $22.4M, Net Income N/A, EPS N/A. Year 2021: Revenue $22.4M, Net Income -$36.6M, EPS $-1.33.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: NextCure, Inc.'s revenue has grown significantly by 253% over the 5-year period, indicating strong business expansion. The most recent EPS of $-23.88 indicates the company is currently unprofitable.

NXTC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-223.8%
Free cash flow / Revenue

NXTC Quarterly Earnings & Performance

Quarterly financial performance data for NextCure, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2021 $22.4M $9.7M $-0.59
Q2 2021 $22.4M -$2.8M N/A
Q1 2021 $22.4M $9.2M $0.33
Q3 2020 $1.6M -$6.2M N/A
Q2 2020 $1.4M -$2.8M N/A
Q1 2020 $1.4M -$6.2M $0.33
Q3 2019 $1.6M -$5.0M N/A
Q2 2019 $1.4M -$5.0M N/A

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

NextCure, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$49.6M
Cash generated from operations
Capital Expenditures
$474.0K
Investment in assets
Dividends
None
No dividend program

NXTC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for NextCure, Inc. (CIK: 0001661059)

📋 Recent SEC Filings

Date Form Document Action
Mar 5, 2026 10-K nxtc-20251231x10k.htm View →
Mar 5, 2026 8-K nxtc-20260305x8k.htm View →
Feb 3, 2026 4 xslF345X05/form4.xml View →
Feb 3, 2026 4 xslF345X05/form4.xml View →
Feb 3, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about NXTC

What is the AI rating for NXTC?

NextCure, Inc. (NXTC) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are NXTC's key strengths?

Claude: Strong revenue growth momentum at 252.6% YoY indicating market traction and commercialization progress. Robust liquidity position with 4.14x current ratio and $26M cash providing operational flexibility.

What are the risks of investing in NXTC?

Claude: Severe negative cash flow with -$50.1M free cash flow annually coupled with only $26M cash reserves creates acute liquidity risk with 6-12 month runway. Operating losses of -$57.6M and net margin of -249.5% demonstrate business model not yet sustainable or approaching profitability.

What is NXTC's revenue and growth?

NextCure, Inc. reported revenue of $22.4M.

Does NXTC pay dividends?

NextCure, Inc. does not currently pay dividends.

Where can I find NXTC SEC filings?

Official SEC filings for NextCure, Inc. (CIK: 0001661059) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NXTC's EPS?

NextCure, Inc. has a diluted EPS of $-19.65.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NXTC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, NextCure, Inc. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NXTC stock overvalued or undervalued?

Valuation metrics for NXTC: ROE of -159.8% (sector avg: 15%), net margin of -249.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy NXTC stock in 2026?

Our dual AI analysis gives NextCure, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NXTC's free cash flow?

NextCure, Inc.'s operating cash flow is $-49.6M, with capital expenditures of $474.0K. FCF margin is -223.8%.

How does NXTC compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -249.5% (avg: 12%), ROE -159.8% (avg: 15%), current ratio 4.14 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) 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: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI