MOLN Chart
About

Molecular Partners AG, a clinical-stage biotechnology company, designs and develops designed ankyrin repeat proteins therapeutics for the treatment of oncology diseases in Switzerland. Its product pipeline comprises MP0317, which is in Phase 2 clinical trial for the treatment of advanced solid tumors; MP053, novel tetra-specific T cell-engaging DARPin, which is phase 1 clinical trial for the treatment of acute myeloid leukemia; and MP0712, a 212Pb Radio-DARPin therapy (RDT) candidate targeting the tumor-associated protein delta-like ligand 3 (DLL3) which is in Phase 1 clinical trial to treat SCLC and neuroendocrine tumors. It also researches for Switch-DARPin T cell engager to treat CD3 x costim x; and MP0726, a Radio-DARPin Therapy to treat ovarian cancer and other MSLNexpressing cancers. In addition, the company develops MP0621, a Switch-DARPin candidate targeting CD16a, c-KIT, and CD47 as conditioning for hematopoietic stem cell transplantation; and Radio-DARPin Therapy (RDT) platform, a delivery system for effective and selective delivery of radioactive payloads to solid tumors. It has collaboration agreement with Orano Med SAS to develop novel Radio-DARPin therapeutics and an additional six targeted alpha therapeutics candidates and Eckert & Ziegler SE to develop Radio-DARPin therapeutics. Molecular Partners AG was incorporated in 2004 and is headquartered in Schlieren, Switzerland.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 158.19M
Enterprise Value 72.95M Income -61.65M Sales
Book/sh 2.70 Cash/sh 2.49 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E -10.66 PEG
P/S P/B 1.57 P/C
EV/EBITDA -1.34 EV/Sales Quick Ratio 8.56
Current Ratio 8.79 Debt/Eq 4.54 LT Debt/Eq
EPS (ttm) -2.07 EPS next Y -0.40 EPS Growth
Revenue Growth Earnings 2026-03-12 ROA -26.59%
ROE -55.55% ROIC Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 37.40M
Shs Float 17.50M Short Float 0.09% Short Ratio 3.81
Short Interest 52W High 5.36 52W Low 3.36
Beta 0.63 Avg Volume 4.43K Volume 9.11K
Target Price $11.88 Recom Strong_buy Prev Close $4.34
Price $4.23 Change -2.54%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$11.90
Mean price target
2. Current target
$4.34
Latest analyst target
3. DCF / Fair value
$-13.25
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.34
Low
$3.83
High
$17.11
Mean
$11.90

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-16 reit HC Wainwright & Co. Buy → Buy $13
2026-01-27 init HC Wainwright & Co. — → Buy $13
2025-12-08 main JP Morgan Neutral → Neutral $4
2025-09-03 main JP Morgan Neutral → Neutral $4
2025-03-11 init LifeSci Capital — → Outperform $12
2023-12-05 main JP Morgan Neutral → Neutral $5
2022-08-29 down SVB Leerink Outperform → Market Perform $8
2022-05-25 up Credit Suisse Underperform → Neutral
2022-04-27 main SVB Leerink — → Outperform $29
2022-01-14 main SVB Leerink — → Outperform $42
2021-08-27 main SVB Leerink — → Outperform $35
2021-07-13 init Cowen & Co. — → Outperform $50
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-654.67K325.55K-985.46K139.10K
TaxRateForCalcs0.090.090.190.19
NormalizedEBITDA-51.78M-55.48M-54.42M120.13M
TotalUnusualItems-7.70M3.83M-5.11M717.00K
TotalUnusualItemsExcludingGoodwill-7.70M3.83M-5.11M717.00K
NetIncomeFromContinuingOperationNetMinorityInterest-61.65M-54.04M-61.98M117.85M
ReconciledDepreciation2.14M2.37M2.42M2.39M
EBITDA-59.49M-51.65M-59.53M120.85M
EBIT-61.63M-54.02M-61.95M118.46M
NetInterestIncome1.49M3.35M4.23M523.00K
InterestExpense18.00K25.00K34.00K605.00K
InterestIncome1.52M3.38M4.28M1.14M
NormalizedIncome-54.60M-57.55M-57.86M117.28M
NetIncomeFromContinuingAndDiscontinuedOperation-61.65M-54.04M-61.98M117.85M
TotalExpenses55.44M66.19M68.15M72.94M
TotalOperatingIncomeAsReported-58.12M-61.22M-61.11M116.61M
DilutedAverageShares37.27M34.03M32.77M33.27M
BasicAverageShares37.27M34.03M32.77M32.47M
DilutedEPS-1.65-1.59-1.893.54
BasicEPS-1.65-1.59-1.893.63
DilutedNIAvailtoComStockholders-61.65M-54.04M-61.98M117.85M
NetIncomeCommonStockholders-61.65M-54.04M-61.98M117.85M
NetIncome-61.65M-54.04M-61.98M117.85M
NetIncomeIncludingNoncontrollingInterests-61.65M-54.04M-61.98M117.85M
NetIncomeContinuousOperations-61.65M-54.04M-61.98M117.85M
TaxProvision2.00K2.00K0.000.00
PretaxIncome-61.65M-54.04M-61.98M117.85M
OtherIncomeExpense-7.70M3.83M-5.11M717.00K
SpecialIncomeCharges-2.69M0.000.00
RestructuringAndMergernAcquisition2.69M0.000.00
GainOnSaleOfSecurity-5.01M3.83M-5.11M717.00K
NetNonOperatingInterestIncomeExpense1.49M3.35M4.23M523.00K
TotalOtherFinanceCost15.00K13.00K15.00K14.00K
InterestExpenseNonOperating18.00K25.00K34.00K605.00K
InterestIncomeNonOperating1.52M3.38M4.28M1.14M
OperatingIncome-55.44M-61.22M-61.11M116.61M
OperatingExpense55.44M66.19M68.15M72.94M
OtherOperatingExpenses-44.00K-424.00K
DepreciationAmortizationDepletionIncomeStatement371.00K419.00K367.00K416.00K
DepreciationAndAmortizationInIncomeStatement371.00K419.00K367.00K416.00K
ResearchAndDevelopment40.19M48.60M48.78M50.75M
SellingGeneralAndAdministration14.87M17.16M19.00M21.82M
GeneralAndAdministrativeExpense14.87M17.16M19.00M21.82M
OtherGandA5.08M6.20M7.36M10.03M
SalariesAndWages9.79M10.96M11.64M11.79M
TotalRevenue0.004.97M7.04M189.56M
OperatingRevenue0.004.97M7.04M189.56M
Line Item2024-12-312023-12-31
TreasurySharesNumber3.50M3.50M
OrdinarySharesNumber37.40M36.86M32.85M36.04M
ShareIssued37.40M40.36M36.35M36.04M
TotalDebt3.64M2.44M3.65M4.85M
TangibleBookValue80.33M141.59M176.22M234.90M
InvestedCapital80.33M141.64M176.43M235.17M
WorkingCapital85.85M143.50M178.04M237.50M
NetTangibleAssets80.33M141.59M176.22M234.90M
CapitalLeaseObligations3.64M2.44M3.65M4.85M
CommonStockEquity80.33M141.64M176.43M235.17M
TotalCapitalization80.33M141.64M176.43M235.17M
TotalEquityGrossMinorityInterest80.33M141.64M176.43M235.17M
StockholdersEquity80.33M141.64M176.43M235.17M
GainsLossesNotAffectingRetainedEarnings-981.00K0.00
OtherEquityAdjustments-981.00K
TreasuryStock1.13M981.00K981.00K981.00K
RetainedEarnings-311.75M-246.29M-191.75M-127.78M
AdditionalPaidInCapital389.18M384.88M365.53M360.32M
CapitalStock4.04M4.04M3.63M3.60M
CommonStock4.04M4.04M3.63M3.60M
TotalLiabilitiesNetMinorityInterest21.77M16.89M21.92M27.09M
TotalNonCurrentLiabilitiesNetMinorityInterest10.75M6.11M7.51M9.84M
OtherNonCurrentLiabilities1.00K
EmployeeBenefits8.15M4.88M5.06M2.55M
TradeandOtherPayablesNonCurrent160.00K0.00
NonCurrentDeferredLiabilities0.003.64M6.92M
NonCurrentDeferredRevenue0.003.64M6.92M
LongTermDebtAndCapitalLeaseObligation2.44M1.23M2.44M3.65M
LongTermCapitalLeaseObligation2.44M1.23M2.44M3.65M
CurrentLiabilities11.03M10.79M14.42M17.25M
OtherCurrentLiabilities1.00K
CurrentDeferredLiabilities0.004.33M6.41M28.31M
CurrentDeferredRevenue0.004.33M6.41M28.31M
CurrentDebtAndCapitalLeaseObligation1.21M1.22M1.21M1.20M
CurrentCapitalLeaseObligation1.21M1.22M1.21M1.20M
PayablesAndAccruedExpenses9.82M9.57M8.88M9.64M
CurrentAccruedExpenses8.05M7.71M7.55M7.50M
Payables1.77M1.86M1.33M2.14M
OtherPayable829.00K1.18M918.00K1.15M
TotalTaxPayable0.00855.00K
AccountsPayable937.00K679.00K410.00K997.00K
TotalAssets102.11M158.53M198.35M262.26M
TotalNonCurrentAssets5.23M4.25M5.89M7.51M
OtherNonCurrentAssets1.00K
GoodwillAndOtherIntangibleAssets2.00K49.00K212.00K271.00K
OtherIntangibleAssets2.00K49.00K212.00K271.00K
NetPPE5.23M4.20M5.68M7.24M
AccumulatedDepreciation-19.87M-18.27M-16.34M-14.70M
GrossPPE25.10M22.46M22.02M21.93M
Leases633.00K633.00K633.00K624.00K
OtherProperties22.63M19.62M19.36M9.65M
MachineryFurnitureEquipment1.84M2.21M2.03M11.66M
Properties0.000.000.000.00
CurrentAssets96.88M154.28M192.46M254.75M
OtherCurrentAssets-1.00K
PrepaidAssets1.91M2.25M2.49M3.91M
Receivables1.91M2.59M3.08M1.70M
OtherReceivables152.00K353.00K1.20M754.00K
TaxesReceivable1.50M1.95M1.59M423.00K
AccountsReceivable253.00K286.00K295.00K521.00K
CashCashEquivalentsAndShortTermInvestments93.06M149.44M186.89M249.14M
OtherShortTermInvestments10.40M85.56M119.58M161.20M
CashAndCashEquivalents82.65M63.87M67.31M87.95M
CashFinancial82.65M63.87M67.31M87.95M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-51.97M-59.97M-59.81M117.15M
RepurchaseOfCapitalStock0.000.00-631.00K0.00
RepaymentOfDebt-1.21M-1.21M-1.20M-1.19M
IssuanceOfCapitalStock0.0017.34M0.000.00
CapitalExpenditure-714.00K-723.00K-808.00K-1.42M
EndCashPosition82.65M63.87M67.31M87.95M
BeginningCashPosition63.87M67.31M87.95M71.81M
EffectOfExchangeRateChanges-1.36M894.00K-5.10M258.00K
ChangesInCash20.14M-4.33M-15.54M15.88M
FinancingCashFlow-1.15M14.43M-1.17M-1.57M
CashFlowFromContinuingFinancingActivities-1.15M14.43M-1.17M-1.57M
NetOtherFinancingCharges-1.74M
ProceedsFromStockOptionExercised63.00K40.00K31.00K250.00K
NetCommonStockIssuance0.0017.34M0.00-631.00K
CommonStockPayments0.000.00-631.00K0.00
CommonStockIssuance0.0017.34M0.000.00
NetIssuancePaymentsOfDebt-1.21M-1.21M-1.20M-1.19M
NetLongTermDebtIssuance-1.21M-1.21M-1.20M-1.19M
LongTermDebtPayments-1.21M-1.21M-1.20M-1.19M
InvestingCashFlow72.55M40.49M44.64M-101.12M
CashFlowFromContinuingInvestingActivities72.55M40.49M44.64M-101.12M
InterestReceivedCFI1.73M4.24M3.83M494.00K
NetInvestmentPurchaseAndSale71.54M36.97M41.62M-100.20M
SaleOfInvestment137.81M277.01M319.44M199.22M
PurchaseOfInvestment-66.28M-240.04M-277.82M-299.42M
NetIntangiblesPurchaseAndSale0.00-18.00K-233.00K-240.00K
PurchaseOfIntangibles0.00-18.00K-233.00K-240.00K
NetPPEPurchaseAndSale-714.00K-705.00K-575.00K-1.18M
PurchaseOfPPE-714.00K-705.00K-575.00K-1.18M
OperatingCashFlow-51.26M-59.25M-59.01M118.57M
CashFlowFromContinuingOperatingActivities-51.26M-59.25M-59.01M118.57M
TaxesRefundPaid0.000.000.000.00
InterestPaidCFO-18.00K-26.00K-34.00K-646.00K
ChangeInWorkingCapital1.21M-3.80M-6.01M-6.01M
ChangeInOtherWorkingCapital-18.00K-4.37M-5.73M-25.29M
ChangeInOtherCurrentAssets335.00K237.00K1.42M1.79M
ChangeInPayablesAndAccruedExpense408.00K685.00K-767.00K-7.77M
ChangeInAccruedExpense343.00K161.00K45.00K-2.43M
ChangeInPayable65.00K524.00K-812.00K-5.34M
ChangeInAccountPayable524.00K-812.00K-5.34M
ChangeInPrepaidAssets-4.45M
ChangeInReceivables485.00K-347.00K-933.00K25.26M
OtherNonCashItems3.18M-7.19M861.00K-1.25M
StockBasedCompensation4.42M4.11M5.21M5.09M
DeferredTax2.00K2.00K0.000.00
DeferredIncomeTax2.00K2.00K0.000.00
DepreciationAmortizationDepletion2.14M2.37M2.42M2.39M
DepreciationAndAmortization2.14M2.37M2.42M2.39M
AmortizationCashFlow46.00K181.00K292.00K
AmortizationOfIntangibles46.00K181.00K292.00K
Depreciation2.10M2.19M2.13M
OperatingGainsLosses-546.00K-670.00K535.00K1.15M
PensionAndEmployeeBenefitExpense-546.00K-670.00K535.00K1.15M
NetIncomeFromContinuingOperations-61.65M-54.04M-61.98M117.85M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

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