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Rani Therapeutics Holdings, Inc. (RANI) Fundamental Analysis & AI Grade 2026

RANI Nasdaq Pharmaceutical Preparations CA CIK: 0001856725
Updated This Month • Analysis: May 16, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
72% Confidence
N/A
C
72% Conf
Pending
Analysis scheduled

📊 RANI Key Takeaways

Revenue: $1.7M
Net Margin: -411.8%
Free Cash Flow: $-6.5M
Current Ratio: 3.40x
Debt/Equity: 0.00x
EPS: $-0.04
AI Grade: C with 72% confidence
Rani Therapeutics Holdings, Inc. (RANI) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.7M, net profit margin of -411.8%, and return on equity (ROE) of -24.8%, Rani Therapeutics Holdings, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete RANI stock analysis for 2026.

Is Rani Therapeutics Holdings, Inc. (RANI) a Good Investment?

Claude

Rani Therapeutics is a pre-commercial biotech company with improving fundamentals but unsustainable economics. Revenue grew 58.9% YoY to $1.7M and net losses improved 27.5%, demonstrating progress, yet the company is burning $6.5M annually in cash with severe operating losses (-488% margin). At current burn rate, the $9.6M cash position provides approximately 1.5-2 years of runway before critical capital needs.

Rani Therapeutics Holdings, Inc. Key Strengths (RANI)

Claude
  • + Revenue growing 58.9% YoY demonstrates market traction and commercialization progress
  • + Net losses improving 27.5% YoY signals path toward profitability
  • + Strong balance sheet with $9.6M cash, zero long-term debt, and 3.40x current ratio eliminates near-term bankruptcy risk

RANI Stock Risks: Rani Therapeutics Holdings, Inc. Investment Risks

Claude
  • ! Severe operating losses at -488% margin with operating income of -$8.3M on only $1.7M revenue indicates unsustainable pre-profitability stage
  • ! Negative operating cash flow of -$6.5M annually creates urgent capital requirements within 18-24 months without significant revenue acceleration
  • ! N/A gross margin and minimal revenue suggest company is pre-major product launch; commercialization success remains unproven
  • ! Early-stage biotech dependency on pipeline progress, regulatory approvals, and market adoption with no visibility into these milestones

Key Metrics to Watch

Claude
  • * Quarterly revenue growth trajectory and path to profitability timeline
  • * Cash burn rate trends and months of cash runway remaining
  • * Product launch milestones, regulatory approval status, and commercial traction metrics

Rani Therapeutics Holdings, Inc. (RANI) Financial Metrics & Key Ratios

Revenue
$1.7M
Net Income
$-7.0M
EPS (Diluted)
$-0.04
Free Cash Flow
$-6.5M
Total Assets
$51.9M
Cash Position
$9.6M

💡 AI Analyst Insight

Strong liquidity with a 3.40x current ratio provides a solid financial cushion.

RANI Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -488.2%
Net Margin -411.8%
ROE -24.8%
ROA -13.6%
FCF Margin -381.3%

RANI vs Healthcare Sector: How Rani Therapeutics Holdings, Inc. Compares

How Rani Therapeutics Holdings, Inc. compares to Healthcare sector averages

Net Margin
RANI -411.8%
vs
Sector Avg 12.0%
RANI Sector
ROE
RANI -24.8%
vs
Sector Avg 15.0%
RANI Sector
Current Ratio
RANI 3.4x
vs
Sector Avg 2.0x
RANI Sector
Debt/Equity
RANI 0.0x
vs
Sector Avg 0.6x
RANI Sector

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

Is Rani Therapeutics Holdings, Inc. Stock Overvalued? RANI Valuation Analysis 2026

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

Return on Equity
-24.8%
Sector avg: 15%
Net Profit Margin
-411.8%
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.

Rani Therapeutics Holdings, Inc. Balance Sheet: RANI Debt, Cash & Liquidity

Current Ratio
3.40x
Quick Ratio
3.40x
Debt/Equity
0.00x
Debt/Assets
31.5%
Interest Coverage
-94.76x
Long-term Debt
$0.0

RANI Revenue & Earnings Growth: 5-Year Financial Trend

RANI 5-year financial data: Year 2021: Revenue $2.7M, Net Income -$8.3M, EPS N/A. Year 2022: Revenue $2.7M, Net Income -$8.3M, EPS $-0.43. Year 2024: Revenue $1.0M, Net Income -$34.0M, EPS $-1.33. Year 2025: Revenue $1.6M, Net Income -$30.0M, EPS $-1.05.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Rani Therapeutics Holdings, Inc.'s revenue has declined by 40% over the 5-year period, indicating business contraction. The most recent EPS of $-1.05 indicates the company is currently unprofitable.

RANI 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
-381.3%
Free cash flow / Revenue

RANI Quarterly Earnings & Performance

Quarterly financial performance data for Rani Therapeutics Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $172.0K -$7.0M $-0.04
Q3 2025 N/A -$5.4M $-0.12
Q2 2025 N/A -$6.7M $-0.18
Q1 2025 N/A -$7.3M $-0.22
Q3 2022 N/A -$3.1M $-0.16
Q2 2022 N/A -$7.6M $0.31
Q1 2022 $756.0K -$6.2M N/A
Q3 2021 N/A -$2.7M N/A

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

Rani Therapeutics Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$6.5M
Cash generated from operations
Capital Expenditures
$15.0K
Investment in assets
Dividends
None
No dividend program

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

Access official SEC EDGAR filings for Rani Therapeutics Holdings, Inc. (CIK: 0001856725)

📋 Recent SEC Filings

Date Form Document Action
May 29, 2026 8-K rani-20260528.htm View →
May 27, 2026 8-K d312913d8k.htm View →
May 15, 2026 10-Q rani-20260331.htm View →
May 15, 2026 8-K rani-20260511.htm View →
Apr 16, 2026 DEF 14A ny20067253x1_def14a.htm View →

Frequently Asked Questions about RANI

What is the AI rating for RANI?

Rani Therapeutics Holdings, Inc. (RANI) has an AI grade of C with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are RANI's key strengths?

Claude: Revenue growing 58.9% YoY demonstrates market traction and commercialization progress. Net losses improving 27.5% YoY signals path toward profitability.

What are the risks of investing in RANI?

Claude: Severe operating losses at -488% margin with operating income of -$8.3M on only $1.7M revenue indicates unsustainable pre-profitability stage. Negative operating cash flow of -$6.5M annually creates urgent capital requirements within 18-24 months without significant revenue acceleration.

What is RANI's revenue and growth?

Rani Therapeutics Holdings, Inc. reported revenue of $1.7M.

Does RANI pay dividends?

Rani Therapeutics Holdings, Inc. does not currently pay dividends.

Where can I find RANI SEC filings?

Official SEC filings for Rani Therapeutics Holdings, Inc. (CIK: 0001856725) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is RANI's EPS?

Rani Therapeutics Holdings, Inc. has a diluted EPS of $-0.04.

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 grade reflects both perspectives for balanced insights.

What is RANI's fundamental grade?

Based on our AI fundamental analysis in May 2026, Rani Therapeutics Holdings, Inc. has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is RANI stock overvalued or undervalued?

Valuation metrics for RANI: ROE of -24.8% (sector avg: 15%), net margin of -411.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is RANI's AI grade for 2026?

Our dual AI analysis gives Rani Therapeutics Holdings, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is RANI's free cash flow?

Rani Therapeutics Holdings, Inc.'s operating cash flow is $-6.5M, with capital expenditures of $15.0K. FCF margin is -381.3%.

How does RANI compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -411.8% (avg: 12%), ROE -24.8% (avg: 15%), current ratio 3.40 (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: May 16, 2026 | Data as of: 2026-03-31 | Powered by Claude AI