CRNX Chart
About

Crinetics Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company's lead product candidate is Paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist, which is in a Phase 3 clinical trial for the treatment of acromegaly and carcinoid syndrome associated with neuroendocrine tumors. It is also developing Atumelnant, an investigational oral nonpeptide product candidate to antagonize the adrenocorticotrophic hormone (ACTH) receptor that has completed a Phase 1 study for the treatment of diseases caused by excess ACTH, including congenital adrenal hyperplasia and cushing's disease; and CRN09682, a nonpeptide drug conjugate for SST2 positive solid tumors. In addition, the company is developing antagonists of the parathyroid hormone (PTH) receptor for the treatment of primary hyperparathyroidism and humoral hypercalcemia of malignancy, and other diseases of excess PTH; thyroid-stimulating hormone receptor antagonists for the treatment of graves' disease and thyroid eye disease; SST3 Agonist program for the treatment for autosomal dominant polycystic kidney disease; and Radionetics for multiple solid-tumors, as well as Oral GLP-1 and Oral GIP nonpeptides for the treatment of obesity. The company has an agreement with Sanwa Kagaku Kenkyusho Co., Ltd to develop and commercialize Paltusotine in Japan, and Cellular Longevity, Inc. to develop and commercialize CRN01941, a somatostatin receptor type 2 agonist. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California.

Fundamentals
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Sector Healthcare Industry Biotechnology Market Cap 4.56B
Enterprise Value 3.18B Income -423.10M Sales 1.53M
Book/sh 11.34 Cash/sh 11.51 Dividend Yield —
Payout 0.00% Employees 437 IPO —
P/E — Forward P/E -8.96 PEG —
P/S 2973.18 P/B 3.93 P/C —
EV/EBITDA -6.71 EV/Sales 2072.60 Quick Ratio 14.73
Current Ratio 15.12 Debt/Eq 4.58 LT Debt/Eq —
EPS (ttm) -4.60 EPS next Y -4.97 EPS Growth —
Revenue Growth — Earnings 2026-02-26 ROA -28.00%
ROE -44.42% ROIC — Gross Margin 0.00%
Oper. Margin -997.10% Profit Margin 0.00% Shs Outstand 102.51M
Shs Float 87.13M Short Float 15.72% Short Ratio 9.57
Short Interest — 52W High 57.99 52W Low 24.10
Beta 0.19 Avg Volume 1.20M Volume 609.17K
Target Price $85.00 Recom Strong_buy Prev Close $43.79
Price $44.52 Change 1.67%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$85.00
Mean price target
2. Current target
$44.52
Latest analyst target
3. DCF / Fair value
$-36.11
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$44.52
Low
$55.00
High
$105.00
Mean
$85.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-12 up Goldman Sachs Neutral → Buy $67
2026-01-08 main Citizens Market Outperform → Market Outperform $105
2026-01-06 main Morgan Stanley Overweight → Overweight $80
2025-11-07 main Citizens Market Outperform → Market Outperform $108
2025-09-30 main Oppenheimer Outperform → Outperform $87
2025-09-29 main Morgan Stanley Overweight → Overweight $77
2025-09-29 main Leerink Partners Outperform → Outperform $88
2025-09-26 main Goldman Sachs Neutral → Neutral $40
2025-09-26 main JMP Securities Market Outperform → Market Outperform $143
2025-09-26 main Baird Outperform → Outperform $62
2025-09-24 main JP Morgan Overweight → Overweight $52
2025-08-11 main JMP Securities Market Outperform → Market Outperform $86
2025-06-27 reit HC Wainwright & Co. Buy → Buy $81
2025-03-25 init Stifel — → Buy $60
2025-02-28 main Citizens Capital Markets Market Outperform → Market Outperform $91
2025-02-04 init Wolfe Research — → Peer Perform —
2025-01-22 up Jefferies Hold → Buy $55
2025-01-13 reit HC Wainwright & Co. Buy → Buy $81
2024-12-16 reit JMP Securities Market Outperform → Market Outperform $87
2024-11-14 main Citigroup Buy → Buy $74
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 2500 137500 — Sale at price 55.00 per share. KALOFONOS ISABEL Officer — 2026-01-05 00:00:00 D
1 2500 101475 — Conversion of Exercise of derivative security at price 40.59 per share. KALOFONOS ISABEL Officer — 2026-01-05 00:00:00 D
2 18000 34380 — Conversion of Exercise of derivative security at price 1.91 per share. BETZ STEPHEN F Officer — 2025-12-26 00:00:00 D
3 44742 585890 — Conversion of Exercise of derivative security at price 9.28 - 15.29 per share. STRUTHERS RICHARD SCOTT Chief Executive Officer — 2025-12-18 00:00:00 D
4 5000 225100 — Sale at price 45.02 per share. PIZZUTI DANA J Officer — 2025-12-01 00:00:00 D
5 5000 84450 — Conversion of Exercise of derivative security at price 16.89 per share. PIZZUTI DANA J Officer — 2025-12-01 00:00:00 D
6 5000 213312 — Sale at price 42.65 - 43.27 per share. PIZZUTI DANA J Officer — 2025-11-03 00:00:00 D
7 5000 84450 — Conversion of Exercise of derivative security at price 16.89 per share. PIZZUTI DANA J Officer — 2025-11-03 00:00:00 D
8 5000 209050 — Sale at price 41.81 per share. PIZZUTI DANA J Officer — 2025-10-01 00:00:00 D
9 5000 84450 — Conversion of Exercise of derivative security at price 16.89 per share. PIZZUTI DANA J Officer — 2025-10-01 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-336.07M-221.51M-167.50M-106.78M
TotalUnusualItems600.00K
TotalUnusualItemsExcludingGoodwill600.00K
NetIncomeFromContinuingOperationNetMinorityInterest-298.41M-214.53M-163.92M-107.64M
ReconciledDepreciation2.79M1.10M983.00K922.00K
EBITDA-336.07M-221.51M-166.90M-106.78M
EBIT-338.85M-222.61M-167.88M-107.70M
NetInterestIncome41.44M13.44M4.32M157.00K
InterestIncome41.44M13.44M4.32M157.00K
NormalizedIncome-298.41M-214.53M-164.52M-107.64M
NetIncomeFromContinuingAndDiscontinuedOperation-298.41M-214.53M-163.92M-107.64M
TotalExpenses339.89M226.62M172.62M108.78M
TotalOperatingIncomeAsReported-338.85M-222.61M-167.88M-107.70M
DilutedAverageShares80.78M58.07M51.98M38.44M
BasicAverageShares80.78M58.07M51.98M38.44M
DilutedEPS-3.69-3.69-3.15-2.80
BasicEPS-3.69-3.69-3.15-2.80
DilutedNIAvailtoComStockholders-298.41M-214.53M-163.92M-107.64M
NetIncomeCommonStockholders-298.41M-214.53M-163.92M-107.64M
NetIncome-298.41M-214.53M-163.92M-107.64M
NetIncomeIncludingNoncontrollingInterests-298.41M-214.53M-163.92M-107.64M
NetIncomeContinuousOperations-298.41M-214.53M-163.92M-107.64M
PretaxIncome-298.41M-214.53M-163.92M-107.64M
OtherIncomeExpense-989.00K-5.36M-353.00K-96.00K
OtherNonOperatingIncomeExpenses-519.00K-159.00K57.00K-96.00K
EarningsFromEquityInterest-470.00K-5.20M-1.01M0.00
GainOnSaleOfSecurity600.00K
NetNonOperatingInterestIncomeExpense41.44M13.44M4.32M157.00K
InterestIncomeNonOperating41.44M13.44M4.32M157.00K
OperatingIncome-338.85M-222.61M-167.88M-107.70M
OperatingExpense339.89M226.62M172.62M108.78M
ResearchAndDevelopment240.16M168.53M130.22M84.25M
SellingGeneralAndAdministration99.74M58.09M42.39M24.52M
GeneralAndAdministrativeExpense99.74M58.09M42.39M24.52M
OtherGandA99.74M58.09M42.39M24.52M
TotalRevenue1.04M4.01M4.74M1.08M
OperatingRevenue1.04M4.01M4.74M1.08M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber92.93M68.17M53.88M47.60M
ShareIssued92.93M68.17M53.88M47.60M
TotalDebt51.72M51.73M3.08M3.07M
TangibleBookValue1.32B539.11M316.33M331.94M
InvestedCapital1.32B539.11M316.33M331.94M
WorkingCapital1.32B530.21M317.46M328.73M
NetTangibleAssets1.32B539.11M316.33M331.94M
CapitalLeaseObligations51.72M51.73M3.08M3.07M
CommonStockEquity1.32B539.11M316.33M331.94M
TotalCapitalization1.32B539.11M316.33M331.94M
TotalEquityGrossMinorityInterest1.32B539.11M316.33M331.94M
StockholdersEquity1.32B539.11M316.33M331.94M
GainsLossesNotAffectingRetainedEarnings963.00K977.00K-3.93M-382.00K
OtherEquityAdjustments963.00K977.00K-3.93M-382.00K
RetainedEarnings-952.11M-653.70M-439.17M-275.25M
CapitalStock2.28B1.19B759.43M607.58M
CommonStock2.28B1.19B759.43M607.58M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest109.79M96.25M35.85M19.07M
TotalNonCurrentLiabilitiesNetMinorityInterest50.10M52.30M8.12M3.08M
OtherNonCurrentLiabilities829.00K2.00K
RestrictedCommonStock2.00K
NonCurrentDeferredLiabilities4.70M4.75M6.10M0.00
NonCurrentDeferredRevenue4.70M4.75M6.10M0.00
LongTermDebtAndCapitalLeaseObligation44.57M47.55M2.02M3.07M
LongTermCapitalLeaseObligation44.57M47.55M2.02M3.07M
CurrentLiabilities59.68M43.94M27.72M15.99M
OtherCurrentLiabilities1.05M939.00K
CurrentDeferredLiabilities2.18M2.06M2.24M0.00
CurrentDeferredRevenue2.18M2.06M2.24M0.00
CurrentDebtAndCapitalLeaseObligation7.15M4.17M1.05M
CurrentCapitalLeaseObligation7.15M4.17M1.05M
PensionandOtherPostRetirementBenefitPlansCurrent28.89M14.52M9.08M6.59M
PayablesAndAccruedExpenses21.47M23.20M15.35M8.47M
CurrentAccruedExpenses15.62M16.65M8.47M5.05M
Payables5.85M6.55M6.88M3.42M
AccountsPayable5.85M6.55M6.88M3.42M
TotalAssets1.43B635.35M352.18M351.01M
TotalNonCurrentAssets59.20M61.20M6.99M6.29M
OtherNonCurrentAssets3.63M3.30M1.34M500.00K
FinancialAssets0.00668.00K68.00K
InvestmentsAndAdvances0.00470.00K0.001.01M
LongTermEquityInvestment0.00470.00K0.001.01M
InvestmentsinSubsidiariesatCost0.00470.00K0.001.01M
NetPPE55.58M57.43M4.99M4.72M
AccumulatedDepreciation-7.73M-5.07M-4.08M-3.48M
GrossPPE63.31M62.50M9.07M8.20M
Leases11.90M9.84M3.52M3.52M
OtherProperties49.20M50.80M4.65M3.78M
MachineryFurnitureEquipment2.21M1.86M900.00K900.00K
Properties0.000.000.000.00
CurrentAssets1.38B574.15M345.18M344.72M
OtherCurrentAssets1.21M448.00K1.93M912.00K
RestrictedCash500.00K0.00
PrepaidAssets11.14M5.80M5.80M8.98M
Receivables8.47M9.35M3.03M2.03M
OtherReceivables86.00K5.46M605.00K
DuefromRelatedPartiesCurrent0.0090.00K135.00K553.00K
TaxesReceivable74.00K747.00K937.00K977.00K
AccruedInterestReceivable8.31M3.05M1.35M499.00K
CashCashEquivalentsAndShortTermInvestments1.35B558.55M334.43M333.71M
OtherShortTermInvestments1.09B503.66M301.75M133.01M
CashAndCashEquivalents264.55M54.90M32.67M200.69M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-229.81M-171.00M-116.86M-89.02M
RepurchaseOfCapitalStock0.00
IssuanceOfCapitalStock970.05M369.02M117.24M249.54M
CapitalExpenditure-3.84M-4.69M-1.66M-436.00K
EndCashPosition265.85M56.20M33.97M201.19M
BeginningCashPosition56.20M33.97M201.19M93.59M
ChangesInCash209.65M22.22M-167.22M107.61M
FinancingCashFlow1.01B388.94M121.96M252.68M
CashFlowFromContinuingFinancingActivities1.01B388.94M121.96M252.68M
ProceedsFromStockOptionExercised40.39M19.93M4.72M3.14M
NetCommonStockIssuance970.05M369.02M117.24M249.54M
CommonStockPayments0.00
CommonStockIssuance970.05M369.02M117.24M249.54M
InvestingCashFlow-574.82M-200.41M-173.98M-56.48M
CashFlowFromContinuingInvestingActivities-574.82M-200.41M-173.98M-56.48M
NetInvestmentPurchaseAndSale-570.97M-195.72M-172.32M-56.05M
SaleOfInvestment575.80M337.13M157.49M69.36M
PurchaseOfInvestment-1.15B-532.86M-329.82M-125.40M
NetPPEPurchaseAndSale-3.84M-4.69M-1.66M-436.00K
PurchaseOfPPE-3.84M-4.69M-1.66M-436.00K
OperatingCashFlow-225.97M-166.31M-115.20M-88.59M
CashFlowFromContinuingOperatingActivities-225.97M-166.31M-115.20M-88.59M
ChangeInWorkingCapital11.63M8.04M18.61M1.10M
ChangeInOtherWorkingCapital74.00K-1.53M8.34M
ChangeInOtherCurrentLiabilities-6.00K-546.00K-938.00K-836.00K
ChangeInPayablesAndAccruedExpense6.29M
ChangeInPayable6.29M
ChangeInAccountPayable6.29M
ChangeInPrepaidAssets-5.97M-4.52M215.00K-4.36M
ChangeInReceivables17.54M14.65M10.99M6.29M
ChangesInAccountReceivables17.54M14.65M10.99M6.29M
OtherNonCashItems3.04M-790.00K406.00K-739.00K
StockBasedCompensation69.39M40.94M28.27M17.35M
AmortizationOfSecurities-14.93M-6.27M34.00K422.00K
DepreciationAmortizationDepletion2.79M1.10M983.00K922.00K
DepreciationAndAmortization2.79M1.10M983.00K922.00K
OperatingGainsLosses521.00K5.20M410.00K
EarningsLossesFromEquityInvestments470.00K5.20M1.01M0.00
GainLossOnInvestmentSecurities-600.00K
GainLossOnSaleOfPPE51.00K6.00K0.000.00
NetIncomeFromContinuingOperations-298.41M-214.53M-163.92M-107.64M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CRNX
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