CUE Chart
About

Cue Biopharma, Inc., a clinical-stage biopharmaceutical company, develops a novel class of injectable therapeutics to selectively engage and modulate targeted, disease relevant T cells in the United States. Its lead drug product candidate is the CUE-401, a novel approach to induce and expand antigen specific Tregs for regulating disease causing autoreactive Teff cells which is in preclinical trial; and CUE-501, a treatment of autoimmune disease via anti-viral T cell-mediated depletion of B cells. The company also develops CUE-101, which is in phase 1b clinical trial to treat HPV+ recurrent metastatic, or head and neck squamous cell carcinoma in second line, and beyond patients as a monotherapy, as well as in phase 1b clinical trial for the treatment of head and neck squamous cell carcinoma as a first line, therapy in combination with standard of care KEYTRUDA; and CUE-102, which is in phase 1b clinical trial as a monotherapy in late line recurrent metastatic WT1+ colorectal, gastric, ovarian, and pancreatic cancer. It has collaboration agreements with LG Chem, Ltd. for the development of CUE-101 and CUE-102 Immuno-STATs; collaboration and option agreement with Ono Pharmaceutical Co., Ltd to development and commercialization rights for CUE-401; and license agreement with Albert Einstein College of Medicine. The company was formerly known as Imagen Biopharma, Inc. and changed its name to Cue Biopharma, Inc. in October 2016. Cue Biopharma, Inc. was incorporated in 2014 and is headquartered in Boston, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 28.47M
Enterprise Value 10.16M Income -37.68M Sales 7.10M
Book/sh 0.17 Cash/sh 0.26 Dividend Yield
Payout 0.00% Employees 41 IPO
P/E Forward P/E -0.65 PEG
P/S 4.01 P/B 1.84 P/C
EV/EBITDA -0.27 EV/Sales 1.43 Quick Ratio 1.46
Current Ratio 1.66 Debt/Eq 46.60 LT Debt/Eq
EPS (ttm) -0.41 EPS next Y -0.48 EPS Growth
Revenue Growth -35.60% Earnings 2025-11-12 16:00 ROA -62.30%
ROE -195.19% ROIC Gross Margin 0.00%
Oper. Margin -3.51% Profit Margin 0.00% Shs Outstand 91.24M
Shs Float 78.26M Short Float 2.17% Short Ratio 1.59
Short Interest 52W High 1.12 52W Low 0.23
Beta 1.55 Avg Volume 1.27M Volume 1.58M
Target Price $4.00 Recom None Prev Close $0.31
Price $0.31 Change 0.65%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.00
Mean price target
2. Current target
$0.31
Latest analyst target
3. DCF / Fair value
$-2.90
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.31
Low
$4.00
High
$4.00
Mean
$4.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-08-25 init LUCID CAPITAL MARKETS — → Buy $4
2025-04-02 reit Citizens Capital Markets Market Outperform → Market Outperform $2
2024-08-20 main Stifel Buy → Buy $4
2024-07-26 main JMP Securities Market Outperform → Market Outperform $2
2024-07-26 main Piper Sandler Overweight → Overweight $3
2024-04-09 main Stifel Buy → Buy $8
2024-04-09 main Oppenheimer Outperform → Outperform $10
2024-04-03 reit Piper Sandler Overweight → Overweight $8
2024-03-13 init Jefferies — → Buy $6
2023-11-06 main Piper Sandler Overweight → Overweight $8
2023-06-15 reit Stifel Buy → Buy $8
2023-05-15 reit JMP Securities Outperform → Outperform $15
2023-03-22 main Stifel — → Buy $8
2023-03-22 reit Oppenheimer — → Outperform $10
2022-11-21 init Piper Sandler — → Overweight $7
2022-08-24 main Oppenheimer — → Outperform $10
2022-03-21 main Oppenheimer — → Outperform $26
2022-03-18 main Craig-Hallum — → Buy $26
2020-11-24 init Berenberg — → Buy $30
2020-05-20 main Stifel — → Buy $30
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 323857 99747 Purchase at price 0.30 - 0.32 per share. SARRAF PASHA Director 2025-12-30 00:00:00 D
1 30000 30900 Purchase at price 1.03 per share. PASSERI DANIEL R Chief Executive Officer 2024-12-16 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.27
NormalizedEBITDA-37.62M-45.90M-50.77M-43.67M
TotalUnusualItems93.00K-157.00K277.00K0.00
TotalUnusualItemsExcludingGoodwill93.00K-157.00K277.00K0.00
NetIncomeFromContinuingOperationNetMinorityInterest-40.67M-50.73M-53.01M-44.16M
ReconciledDepreciation2.35M3.44M1.81M-1.78M
EBITDA-37.53M-46.05M-50.49M-43.67M
EBIT-39.88M-49.49M-52.30M-43.67M
NetInterestIncome826.00K1.42M215.00K45.90K
InterestExpense796.00K1.25M713.00K0.00
InterestIncome1.62M2.66M928.00K45.90K
NormalizedIncome-40.77M-50.58M-53.29M-44.16M
NetIncomeFromContinuingAndDiscontinuedOperation-40.67M-50.73M-53.01M-44.16M
TotalExpenses50.88M57.48M54.75M58.65M
RentExpenseSupplemental716.00K899.00K
TotalOperatingIncomeAsReported-41.50M-52.15M-53.23M-43.71M
DilutedAverageShares56.33M45.75M35.65M31.29M
BasicAverageShares56.33M45.75M35.65M31.29M
DilutedEPS-0.72-1.11-1.49-1.41
BasicEPS-0.72-1.11-1.49-1.41
DilutedNIAvailtoComStockholders-40.67M-50.73M-53.01M-44.16M
NetIncomeCommonStockholders-40.67M-50.73M-53.01M-44.16M
NetIncome-40.67M-50.73M-53.01M-44.16M
NetIncomeIncludingNoncontrollingInterests-40.67M-50.73M-53.01M-44.16M
NetIncomeContinuousOperations-40.67M-50.73M-53.01M-44.16M
TaxProvision0.00495.00K
PretaxIncome-40.67M-50.73M-53.01M-43.67M
OtherIncomeExpense93.00K-157.00K277.00K
SpecialIncomeCharges93.00K-157.00K277.00K0.00
GainOnSaleOfPPE93.00K-157.00K277.00K
ImpairmentOfCapitalAssets-276.63K0.00
NetNonOperatingInterestIncomeExpense826.00K1.42M215.00K45.90K
InterestExpenseNonOperating796.00K1.25M713.00K0.00
InterestIncomeNonOperating1.62M2.66M928.00K45.90K
OperatingIncome-41.59M-51.99M-53.50M-43.71M
OperatingExpense50.88M57.48M54.75M58.65M
ResearchAndDevelopment36.30M40.80M38.58M41.35M
SellingGeneralAndAdministration14.59M16.68M16.17M17.31M
GeneralAndAdministrativeExpense14.59M16.68M16.17M17.31M
OtherGandA14.59M16.68M5.89M17.31M
RentAndLandingFees716.00K899.00K
SalariesAndWages8.93M9.38M
TotalRevenue9.29M5.49M1.25M14.94M
OperatingRevenue9.29M5.49M1.25M14.94M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber61.82M47.22M43.04M32.20M
ShareIssued61.82M47.22M43.04M32.20M
TotalDebt8.88M14.70M19.32M10.05M
TangibleBookValue17.50M37.09M65.68M65.49M
InvestedCapital21.83M45.25M75.68M65.49M
WorkingCapital11.45M34.37M65.64M55.68M
NetTangibleAssets17.50M37.09M65.68M65.49M
CapitalLeaseObligations4.54M6.53M9.32M10.05M
CommonStockEquity17.50M37.09M65.68M65.49M
TotalCapitalization17.50M41.29M73.72M65.49M
TotalEquityGrossMinorityInterest17.50M37.09M65.68M65.49M
StockholdersEquity17.50M37.09M65.68M65.49M
GainsLossesNotAffectingRetainedEarnings0.00-96.00K0.00
OtherEquityAdjustments-96.00K
RetainedEarnings-341.86M-301.19M-250.46M-197.45M
AdditionalPaidInCapital359.30M338.23M316.19M262.91M
CapitalStock62.00K47.00K43.00K32.20K
CommonStock62.00K47.00K43.00K32.20K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest14.69M24.45M25.60M17.91M
TotalNonCurrentLiabilitiesNetMinorityInterest1.00M7.36M14.05M5.12M
NonCurrentDeferredLiabilities0.00
NonCurrentDeferredRevenue0.00
LongTermDebtAndCapitalLeaseObligation1.00M7.36M14.05M5.12M
LongTermCapitalLeaseObligation1.00M3.16M6.02M5.12M
LongTermDebt4.20M8.04M
CurrentLiabilities13.69M17.08M11.55M12.79M
OtherCurrentLiabilities1.00
CurrentDeferredLiabilities85.00K2.11M0.00645.34K
CurrentDeferredRevenue85.00K2.11M0.00645.34K
CurrentDebtAndCapitalLeaseObligation7.87M7.33M5.26M4.93M
CurrentCapitalLeaseObligation3.54M3.37M3.30M4.93M
CurrentDebt4.33M3.96M1.96M
OtherCurrentBorrowings4.33M3.96M1.96M
PensionandOtherPostRetirementBenefitPlansCurrent1.81M2.22M2.27M2.01M
PayablesAndAccruedExpenses3.92M5.42M4.01M5.20M
CurrentAccruedExpenses1.10M1.92M1.28M2.61M
Payables2.82M3.50M2.73M2.59M
AccountsPayable2.82M3.50M2.73M2.59M
TotalAssets32.19M61.53M91.28M83.40M
TotalNonCurrentAssets7.05M10.08M14.10M14.93M
OtherNonCurrentAssets257.00K268.00K278.00K290.00K
NonCurrentPrepaidAssets1.96M2.69M3.12M2.72M
NetPPE4.84M7.12M10.70M11.92M
AccumulatedDepreciation-3.68M-3.62M-4.24M-3.44M
GrossPPE8.52M10.73M14.94M15.37M
Leases118.00K118.00K118.00K6.53K
ConstructionInProgress0.00
OtherProperties8.15M10.39M5.25M15.01M
MachineryFurnitureEquipment248.00K224.00K377.00K346.13K
BuildingsAndImprovements6.32M9.20M9.81M
Properties0.000.000.000.00
CurrentAssets25.14M51.45M77.19M68.47M
OtherCurrentAssets805.00K955.00K841.00K954.79K
PrepaidAssets929.00K287.00K954.79K
Receivables945.00K1.70M57.00K3.14M
AccountsReceivable945.00K1.70M57.00K3.14M
CashCashEquivalentsAndShortTermInvestments22.46M48.51M76.29M64.37M
OtherShortTermInvestments0.0024.68M0.00
CashAndCashEquivalents22.46M48.51M51.61M64.37M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-36.40M-39.96M-41.98M-39.75M
RepaymentOfDebt-4.00M-2.00M0.00
IssuanceOfDebt0.0010.00M0.00
IssuanceOfCapitalStock14.22M13.39M39.30M17.38M
CapitalExpenditure-66.00K-171.00K-913.04K
InterestPaidSupplementalData669.00K1.00M570.00K0.00
EndCashPosition22.61M48.66M51.76M64.52M
BeginningCashPosition48.66M51.76M64.52M75.02M
ChangesInCash-26.05M-3.10M-12.76M-10.50M
FinancingCashFlow10.24M11.86M53.66M19.23M
CashFlowFromContinuingFinancingActivities10.24M11.86M53.66M19.23M
NetOtherFinancingCharges-341.00K-750.13K
ProceedsFromStockOptionExercised18.00K473.00K4.70M2.60M
NetCommonStockIssuance14.22M13.39M39.30M17.38M
CommonStockIssuance14.22M13.39M39.30M17.38M
NetIssuancePaymentsOfDebt-4.00M-2.00M10.00M0.00
NetLongTermDebtIssuance-4.00M-2.00M10.00M0.00
LongTermDebtPayments-4.00M-2.00M0.00
LongTermDebtIssuance0.0010.00M0.00
InvestingCashFlow32.00K25.00M-24.61M9.11M
CashFlowFromContinuingInvestingActivities32.00K25.00M-24.61M9.11M
NetInvestmentPurchaseAndSale0.0025.00M-24.45M10.00M
SaleOfInvestment0.0025.00M5.00M10.00M
PurchaseOfInvestment0.00-29.45M0.00
NetPPEPurchaseAndSale32.00K2.00K-165.00K-891.49K
SaleOfPPE98.00K2.00K6.00K21.55K
PurchaseOfPPE-66.00K0.00-171.00K-913.04K
OperatingCashFlow-36.33M-39.96M-41.81M-38.84M
CashFlowFromContinuingOperatingActivities-36.33M-39.96M-41.81M-38.84M
ChangeInWorkingCapital-4.92M-934.00K356.00K-4.39M
ChangeInOtherWorkingCapital-2.03M2.11M-645.00K-7.97M
ChangeInOtherCurrentLiabilities-1.99M-2.79M-735.00K2.91M
ChangeInOtherCurrentAssets0.00250.00K
ChangeInPayablesAndAccruedExpense-1.91M1.36M-988.00K2.35M
ChangeInAccruedExpense-1.23M588.00K-1.07M1.83M
ChangeInPayable-678.00K770.00K83.00K520.40K
ChangeInAccountPayable-678.00K770.00K83.00K520.40K
ChangeInPrepaidAssets243.00K25.00K-361.00K-198.95K
ChangeInReceivables753.00K-1.64M3.08M-1.73M
ChangesInAccountReceivables753.00K-1.64M3.08M-1.73M
OtherNonCashItems167.00K167.00K-137.00K
StockBasedCompensation6.85M8.18M9.50M11.52M
AmortizationOfSecurities0.00-234.00K-321.00K-4.58K
DepreciationAmortizationDepletion2.35M3.44M1.81M-1.78M
DepreciationAndAmortization2.35M3.44M1.81M-1.78M
Depreciation2.35M3.44M1.81M-1.78M
OperatingGainsLosses-93.00K157.00K4.00K-21.55K
GainLossOnSaleOfPPE-93.00K157.00K4.00K-21.55K
NetIncomeFromContinuingOperations-40.67M-50.73M-53.01M-44.16M
SEC Filings

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

Public Trades for CUE
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status