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Camp4 Therapeutics (CAMP)


Market Price (5/23/2026): $4.51 | Market Cap: $261.2 Mil
Sector: Health Care | Industry: Biotechnology

Camp4 Therapeutics (CAMP)


Market Price (5/23/2026): $4.51
Market Cap: $261.2 Mil
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -37%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 161%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%

Weak multi-year price returns
2Y Excs Rtn is -99%, 3Y Excs Rtn is -138%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -52 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1323%

Stock price has recently run up significantly
12M Rtn12 month market price return is 125%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 117%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -667%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -667%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -37%

High stock price volatility
Vol 12M is 120%

Key risks
CAMP key risks include [1] a limited cash runway necessitating substantial additional financing, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -37%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 161%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%
3 Weak multi-year price returns
2Y Excs Rtn is -99%, 3Y Excs Rtn is -138%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -52 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1323%
5 Stock price has recently run up significantly
12M Rtn12 month market price return is 125%
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 117%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -667%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -667%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -37%
9 High stock price volatility
Vol 12M is 120%
10 Key risks
CAMP key risks include [1] a limited cash runway necessitating substantial additional financing, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Camp4 Therapeutics (CAMP) stock has gained about 20% since 1/31/2026 because of the following key factors:

1. Positive Clinical and Regulatory Progress for Lead Candidate CMP-002.

Camp4 Therapeutics has made significant advancements with its lead investigational therapeutic candidate, CMP-002, designed for SYNGAP1-related disorder. The company submitted its first regulatory filing for a global Phase 1/2 clinical trial in Australia, with initiation anticipated in the second half of 2026. Additionally, CMP-002 received Orphan Designation from the European Medicines Agency (EMA), and an Orphan Drug Designation submission has been filed with the FDA in the U.S. New preclinical data presented on May 14, 2026, demonstrated that CMP-002 statistically improved seizure threshold and severity in a SYNGAP1 haploinsufficient mouse model, building on prior evidence of motor and behavioral benefits.

2. Strengthened Financial Position and Extended Cash Runway.

Camp4 Therapeutics reported a robust cash and cash equivalents position of $99.2 million as of March 31, 2026, with the company anticipating that its current funds will be sufficient to support planned activities into 2028. This strong liquidity was significantly bolstered by previous financing activities, including a $17.5 million collaboration payment from GlaxoSmithKline (GSK) in FY25.

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Stock Movement Drivers

Fundamental Drivers

The 21.9% change in CAMP stock from 1/31/2026 to 5/22/2026 was primarily driven by a 150.2% change in the company's P/S Multiple.
(LTM values as of)13120265222026Change
Stock Price ($)3.704.5121.9%
Change Contribution By: 
Total Revenues ($ Mil)443.5%
P/S Multiple26.566.4150.2%
Shares Outstanding (Mil)2758-52.9%
Cumulative Contribution21.9%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/22/2026
ReturnCorrelation
CAMP21.9% 
Market (SPY)8.1%31.0%
Sector (XLV)-2.7%17.7%

Fundamental Drivers

The 8.4% change in CAMP stock from 10/31/2025 to 5/22/2026 was primarily driven by a 138.1% change in the company's P/S Multiple.
(LTM values as of)103120255222026Change
Stock Price ($)4.164.518.4%
Change Contribution By: 
Total Revenues ($ Mil)3430.8%
P/S Multiple27.966.4138.1%
Shares Outstanding (Mil)2058-65.2%
Cumulative Contribution8.4%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/22/2026
ReturnCorrelation
CAMP8.4% 
Market (SPY)9.9%24.6%
Sector (XLV)4.8%8.6%

Fundamental Drivers

The 154.8% change in CAMP stock from 4/30/2025 to 5/22/2026 was primarily driven by a 503.4% change in the company's Total Revenues ($ Mil).
(LTM values as of)43020255222026Change
Stock Price ($)1.774.51154.8%
Change Contribution By: 
Total Revenues ($ Mil)14503.4%
P/S Multiple54.766.421.3%
Shares Outstanding (Mil)2058-65.2%
Cumulative Contribution154.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/22/2026
ReturnCorrelation
CAMP154.8% 
Market (SPY)36.0%17.0%
Sector (XLV)8.6%4.4%

Fundamental Drivers

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Market Drivers

4/30/2023 to 5/22/2026
ReturnCorrelation
CAMP  
Market (SPY)86.3%15.4%
Sector (XLV)18.0%6.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CAMP Return----51%17%-28%-59%
Peers Return-22%11%-35%92%139%-32%75%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
CAMP Win Rate---33%50%40% 
Peers Win Rate42%52%33%48%62%32% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
CAMP Max Drawdown-----79%-45% 
Peers Max Drawdown-50%-57%-58%-40%-44%-46% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: STOK, ARWR, ALNY, WVE, RNA. See CAMP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/22/2026 (YTD)

How Low Can It Go

EventCAMPS&P 500
2025 US Tariff Shock
  % Loss-68.0%-18.8%
  % Gain to Breakeven212.3%23.1%
  Time to Breakeven180 days79 days

Compare to STOK, ARWR, ALNY, WVE, RNA

In The Past

Camp4 Therapeutics's stock fell -68.0% during the 2025 US Tariff Shock. Such a loss loss requires a 212.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCAMPS&P 500
2025 US Tariff Shock
  % Loss-68.0%-18.8%
  % Gain to Breakeven212.3%23.1%
  Time to Breakeven180 days79 days

Compare to STOK, ARWR, ALNY, WVE, RNA

In The Past

Camp4 Therapeutics's stock fell -68.0% during the 2025 US Tariff Shock. Such a loss loss requires a 212.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Camp4 Therapeutics (CAMP)

We are a clinical-stage biopharmaceutical company pioneering the discovery and development of regulatory RNA-based therapeutics with the goal of upregulating gene expression and restoring healthy protein levels to treat a broad range of genetic diseases. Regulatory RNAs, or regRNAs, play a central role in the regulation of every protein-coding gene by contributing to gene activation and suppression. Our approach is designed to amplify messenger RNA, or mRNA, expression by harnessing the power of regRNAs that form localized complexes with transcription factors and regulate gene expression. Our proprietary RNA Actuating Platform, or RAP Platform, allows us to rapidly and systematically identify and characterize the active regulatory elements controlling every expressed gene and tens of thousands of druggable enhancer and promoter regRNA sequences that control protein-coding genes. Once a disease-associated target gene is identified, we apply our RAP Platform to identify the controlling regRNA and rapidly generate novel antisense oligonucleotide, or ASO, candidates, which we also refer to as RNA Actuators. These ASOs are designed to bind to the identified regRNA and amplify the expression of the target gene in a specific and controllable way. We are initially focused on metabolic and central nervous system, or CNS, diseases with validated disease biology, and we believe our RAP Platform allows us to address a broad range of genetic diseases in which a modest increase in protein expression can be clinically meaningful. Based on our preclinical studies, we believe our lead product candidate, CMP-CPS-001, has the potential to be the first disease-modifying therapy for the treatment of the most prevalent urea cycle disorders, or UCDs. UCDs are a group of severe, inherited metabolic diseases caused by mutations in the genes that encode one or more of the eight enzymes and transporters necessary to convert ammonia into urea. The inability of the body to properly metabolize ammonia leads to the accumulation of toxic levels in circulation, ultimately resulting in severe health outcomes, such as neurologic disability, seizure and death. CMP-CPS-001 is designed to improve urea cycle activity by amplifying expression of carbamoyl phosphate synthetase 1, or CPS1, an enzyme that catalyzes the first step of the urea cycle, by binding to a CPS1-specific regRNA. Our preclinical studies have demonstrated that modulating the activity of the target regRNA increases expression of the CPS1 gene, resulting in increased CPS1 enzyme levels, which allows for more ammonia to be converted into urea, thereby lowering ammonia levels to normal, healthy ranges. These preclinical studies also demonstrated that CMP-CPS-001 can increase the level of, or upregulate, the production of multiple enzymes responsible for converting ammonia into urea, potentially allowing us to address more than 85% of patients with UCDs, which we refer to as our pan-UCD approach. We are in the early stages of development and are evaluating CMP-CPS-001 in an ongoing Phase 1 clinical trial in healthy volunteers and expect to report data from all four cohorts of the single ascending dose, or SAD, portion of the trial in the first quarter of 2025 and from the multiple ascending dose, or MAD, portion of the trial in the second half of 2025. We are also leveraging our RAP Platform to advance our first preclinical program for the treatment of synaptic Ras GTPase activating protein 1, or SYNGAP1,-related disorders. We expect to initiate final Good Laboratory Practice, or GLP, toxicology studies in our SYNGAP1 program in 2025 to enable the filing of clinical trial applications. The transcription of DNA into mRNA, the molecular template that is then translated into protein, is a complex yet carefully coordinated cellular process involving numerous components. Only a small portion of the DNA in the human genome is transcribed into RNA that codes for proteins. The vast majority of the transcriptome originates from non-coding regions of DNA, a portion of which, referred to as enhancers and promoters, perform a crucial role in determining the specificity, timing and level at which a particular gene is expressed. RegRNAs are non-coding RNAs that are transcribed by these enhancer and promoter DNA regions that form localized complexes with transcription factors to control the expression of protein-coding genes, either increasing or decreasing their expression within natural physiological ranges. The approximately 20,000 genes that code for mRNA in the human genome are controlled by hundreds of thousands of DNA enhancers and their associated regRNAs. Deficient protein levels characterize over a thousand diseases. Haploinsufficient diseases are dominantly inherited conditions in which inadequate gene expression is driven by a mutation in a single allele, or gene copy, and results in reductions of protein levels by as much as 50%. Numerous other genetic conditions are caused by recessive mutations that result in diminished gene activity. Data from our preclinical studies and research reports published by third parties demonstrate that increasing expression of disease-associated genes by modest amounts can restore healthy protein levels and provide therapeutic benefit in these disorders. Therefore, modest increases in protein expression have the potential to be clinically meaningful in both haploinsufficient and recessive partial loss-of-function disorders, of which there are more than 1,200. Our RAP Platform has the potential to identify the regRNA associated with all of these diseases, which we believe enables us to design RNA Actuators to address the underlying biology of these diseases. We aim to leverage our RAP Platform to develop product candidates designed to regulate transcription in a gene-specific manner to restore healthy protein levels and remedy these diseases. However, our approach is unproven and may not lead to successful efforts to develop and commercialize our product candidates and to identify and discover additional potential product candidates. Our RAP Platform We believe our RAP Platform can unlock the potential of the human genome and have broad applications across a range of diseases caused by sub-optimal levels of protein expression. Our technology is based upon the pioneering work in transcription regulation conducted by our co-founders, Richard Young, PhD and Leonard Zon, MD. We have built our RAP Platform to identify and characterize every regRNA that controls protein-coding genes and to develop novel ASO-based therapeutics to modulate regRNA activity to increase the expression of protein-coding genes of interest and thereby address the underlying cause of genetic diseases. Based on our proprietary mapping of regRNAs and screening and optimizing of ASOs, we have established a leadership position in regRNA-targeting therapies. Our goal is to be the preeminent company focused on discovering, developing and delivering regRNA-targeting therapeutics to patients. We believe that the ability to upregulate genes selectively through targeting regRNA could provide a new way to treat a wide range of human diseases and has the potential to become a class of new medicines. At present, very few regRNAs are described in public genomic databases, as they are often expressed at low levels and their importance was not fully understood. Our RAP Platform utilizes next-generation sequencing technologies and custom sequence analyses to map the active regulatory elements controlling every expressed gene. These data empower our proprietary machine learning algorithm, known as EPIC, to identify the specific control elements that regulate any gene of interest in the most specific manner, including elements that may restrict gene expression to a particular cell type. This enables us to identify the exact sites of regRNA synthesis and ultimately map the complete sequence of every candidate regRNA to target for therapeutic gene control. To date, we have mapped multiple cell types in as little as three months, comprising a number of potentially addressable diseases in the liver, CNS, heart, skeletal muscle and immune system. Our in-house development and application of this technology has enabled us to identify tens of thousands of enhancer and promoter regRNA sequences and their key biological properties, resulting in what we believe to be the most robust regRNA dataset available. We combine our RAP Platform with ASO chemistry that has been utilized and validated in U.S. Food and Drug Administration, or FDA,-approved products to develop programmable RNA Actuators that are designed to precisely upregulate gene expression at the transcriptional level. Once a target gene is nominated, our RAP Platform rapidly identifies the controlling regRNA sequence, and we perform ASO screens to identify regions where ASO binding results in optimal upregulation of that target gene. Further rational design is applied to the ASOs identified in the screen. Our proprietary technology enables us to design RNA Actuators that optimize for specificity by avoiding binding to regRNAs that act on more than one gene and any other similar sequences found elsewhere in the transcriptome. As a result, our sequence-specific approach enables us to precisely target regRNA transcripts to increase gene expression. Our approach is designed to enable the efficient and systematic creation of RNA Actuators to target regRNAs of interest. Building upon the power of this technology, our RNA Actuators can be programmed to engage regRNA targets, producing tunable increases in protein expression. While other ASOs have received regulatory approval, no regulatory authorities to date have approved ASOs that are directed towards regRNAs and, as a result, there is uncertainty as to the safety and efficacy profile of our product candidates compared to currently approved ASOs. --- We design RNA Actuators to leverage existing oligonucleotide delivery approaches to enable drug delivery to specific types of tissues throughout the body. We believe our RAP Platform can address any disease where a modest increase in protein expression has the potential to be clinically meaningful, including haploinsufficient diseases or recessive loss-of-function diseases. Furthermore, as we continue to map regRNAs and conduct ASO screens in more cell types, the data generated will improve the algorithms we use to identify the candidate regRNAs to specifically control gene expression. We believe the knowledge and learnings from our initial programs will significantly expedite selection of lead candidates and position us to rapidly expand our pipeline. We were originally incorporated under the laws of the State of Delaware in 2015 under the name Marauder Therapeutics, Inc. and began operations in 2016. We changed our name to CAMP4 Therapeutics Corporation in March 2018. Our principal executive offices are located at One Kendall Square, Building 1400 West, 3rd Floor, Cambridge, Massachusetts.

AI Analysis | Feedback

Here are 1-3 brief analogies for Camp4 Therapeutics (CAMP):

  • Ionis Pharmaceuticals, but for switching genes on.
  • Alnylam Pharmaceuticals, but focused on turning genes *on* instead of off.

AI Analysis | Feedback

  • RNA Actuating Platform (RAP Platform): A proprietary technology platform for identifying regulatory RNA sequences and designing antisense oligonucleotide (ASO) drug candidates to upregulate gene expression.
  • CMP-CPS-001: A clinical-stage RNA Actuator product candidate in Phase 1 trials, designed to treat Urea Cycle Disorders (UCDs) by increasing the expression of the CPS1 enzyme.
  • SYNGAP1 Program: A preclinical RNA Actuator program focused on developing therapeutics for SYNGAP1-related disorders.

AI Analysis | Feedback

Camp4 Therapeutics (CAMP) is a clinical-stage biopharmaceutical company focused on the discovery and development of novel therapeutics. As such, the company is currently in the research and development phase and does not have commercial products available for sale. Therefore, it does not currently have "major customers" in the traditional sense of entities purchasing its products or services.

However, if their product candidates receive regulatory approval and are commercialized, their ultimate "customers" would be patients. Based on the company's current development pipeline and stated goals, the categories of patients they aim to serve include:

  1. Patients with Urea Cycle Disorders (UCDs): These are individuals suffering from severe, inherited metabolic diseases caused by mutations in genes necessary to convert ammonia into urea. CMP-CPS-001 is their lead product candidate targeting this group.
  2. Patients with SYNGAP1-related disorders: This is their first preclinical program targeting individuals with this specific neurological disorder.
  3. Patients with a broad range of other genetic diseases characterized by deficient protein levels: This includes individuals with haploinsufficient diseases or recessive partial loss-of-function disorders, where a modest increase in protein expression can provide therapeutic benefit.

AI Analysis | Feedback

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AI Analysis | Feedback

Josh Mandel-Brehm, President & Chief Executive Officer

Mr. Mandel-Brehm is the President & Chief Executive Officer of CAMP4 Therapeutics. He was appointed CEO in January 2017. Previously, he was an entrepreneur partner with Polaris Partners. Mr. Mandel-Brehm held key business development and operations leadership roles at Biogen and Genzyme. He co-founded Vico Therapeutics, where he currently serves as a board Director, and is also a board Director at ProMIS Neuroscience.

Kelly Gold, Chief Financial Officer

Ms. Gold is the Chief Financial Officer at CAMP4 Therapeutics. She joined CAMP4 in 2017 and was promoted to CFO in April 2022, after holding roles of increasing responsibility, including Chief Business Officer and SVP, Finance. At CAMP4, she has played a key role in raising a combined $90 million through company financings. Prior to CAMP4, Ms. Gold held various corporate finance and business planning roles at Biogen, providing financial leadership for late-stage and marketed rare disease programs. Before Biogen, she worked in the Healthcare and Latin American Investment Banking groups at Deutsche Bank, where she advised on M&A, public and private equity offerings, and leveraged finance transactions. She began her career as a mechanical engineer designing biocontainment systems.

Yuri Maricich, MD, Chief Medical Officer

Dr. Maricich serves as Chief Medical Officer at CAMP4. He is a licensed physician-scientist, clinical/therapeutic developer, investor, and strategist, with a background that includes clinical practice as an internal medicine physician.

Daniel Tardiff, PhD, Chief Scientific Officer

Dr. Tardiff was elevated to Chief Scientific Officer, effective October 1, 2025. He joined CAMP4 in 2023 and has been instrumental in leading the company's drug discovery efforts.

Michelle Gates, SVP, Chief People Officer

Ms. Gates was appointed to the newly created role of Senior Vice President and Chief People Officer in July 2021.

AI Analysis | Feedback

Key Risks to Camp4 Therapeutics

  1. Unproven Technology and Regulatory Uncertainty: Camp4's core RNA Actuating Platform (RAP Platform) and its approach of developing antisense oligonucleotides (ASOs) directed towards regulatory RNAs (regRNAs) to upregulate gene expression is unproven. No regulatory authorities have yet approved ASOs specifically targeting regRNAs, which creates significant uncertainty regarding the safety, efficacy, and eventual regulatory pathway for their product candidates.
  2. Early Stage of Product Development and High Risk of Clinical Trial Failure: Camp4 Therapeutics is in the early stages of product development. Their lead product candidate, CMP-CPS-001, is only in an ongoing Phase 1 clinical trial, and their SYNGAP1 program is preclinical. The success of their business depends heavily on the successful development and regulatory approval of their product candidates, a process that is lengthy, costly, and has a high rate of failure at each stage of clinical development.

AI Analysis | Feedback

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AI Analysis | Feedback

Camp4 Therapeutics' lead product candidate, CMP-CPS-001, targets urea cycle disorders (UCDs).

The global market for urea cycle disorders treatment was estimated at $1.37 billion in 2025 and is projected to grow to $1.43 billion in 2026, with a compound annual growth rate (CAGR) of 3.8%. This market is expected to reach $1.71 billion by 2030, growing at a CAGR of 4.6%.

For SYNGAP1-related disorders, the other program in Camp4 Therapeutics' pipeline, a quantifiable addressable market size in monetary terms is not available. Therefore, the market size for SYNGAP1-related disorders is null.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Camp4 Therapeutics (CAMP) over the next 2-3 years:

  • Milestone payments from strategic partnerships for CMP-CPS-001: As Camp4 Therapeutics advances its lead product candidate, CMP-CPS-001 for Urea Cycle Disorders (UCDs), through clinical trials, successful data readouts (such as the anticipated Phase 1 data in Q1 and H2 2025) could attract strategic partners. These partnerships typically involve upfront payments and milestone payments tied to development and regulatory achievements, which would contribute to revenue within the specified timeframe.
  • Upfront and research payments from collaborations leveraging the RNA Actuating Platform (RAP): Camp4 Therapeutics' proprietary RAP Platform, designed to identify and characterize regulatory RNAs for a broad range of genetic diseases, represents a valuable asset. Licensing this platform or entering into research collaborations with other pharmaceutical companies could generate revenue through upfront fees and ongoing research funding agreements.
  • Milestone payments from the advancement of the SYNGAP1 program: The company expects to initiate final Good Laboratory Practice (GLP) toxicology studies for its SYNGAP1-related disorders program in 2025, paving the way for clinical trial applications. Progression of this program into clinical development could lead to partnership opportunities and associated milestone payments, contributing to future revenue growth.
  • Out-licensing of additional preclinical assets identified by the RAP Platform: Beyond its lead programs, Camp4 Therapeutics' RAP Platform has the potential to identify numerous novel regulatory RNA targets and generate new preclinical candidates for various genetic diseases. The out-licensing of these early-stage assets to other companies for further development could provide revenue through upfront payments and future milestones.

AI Analysis | Feedback

Share Repurchases

  • Camp4 Therapeutics has not reported significant share repurchase activity over the last 3-5 years.

Share Issuance

  • The number of shares outstanding for Camp4 Therapeutics increased by 547.76% in one year, indicating substantial share issuance.
  • In October 2024, Camp4 Therapeutics completed an Initial Public Offering (IPO), pricing $75 million at $11 per share.
  • The company also completed a follow-on equity offering of $30 million and filed for another follow-on offering of $100 million.

Inbound Investments

  • In December 2025, Camp4 Therapeutics signed a research, collaboration, and license agreement with GSK, receiving an upfront payment of $17.5 million.
  • The agreement with GSK also includes eligibility for up to $440 million in milestones and tiered royalties on future net sales for neurodegenerative and kidney disease indications.
  • Camp4 Therapeutics received approximately $100.17 million in funding from various investors, including Janus Henderson Investors, Balyasny Asset Management L.P., Vivo Capital, LLC, Adage Capital Management, L.P., Trails Edge Capital Partners, LLC, and SYNGAP Research Fund.

Capital Expenditures

  • Camp4 Therapeutics Corporation's Capital Expenditure was -$279.0 thousand in 2025, reflecting a 36.7% year-over-year increase.
  • In the last 12 months (as of March 2026), capital expenditures were -$279,000.

Trade Ideas

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CAMPSTOKARWRALNYWVERNAMedian
NameCamp4 Th.Stoke Th.Arrowhea.Alnylam .WAVE Lif.Atrium T. 
Mkt Price4.5129.3474.95297.456.3813.0921.21
Mkt Cap0.31.910.739.51.30.21.6
Rev LTM4326224,287722552
Op Inc LTM-52-185-222752-197-79-132
FCF LTM-26-148-51643-185-73-62
FCF 3Y Avg--55-170231-169--112
CFO LTM-26-147-36715-184-70-53
CFO 3Y Avg--54-77286-168--66

Growth & Margins

CAMPSTOKARWRALNYWVERNAMedian
NameCamp4 Th.Stoke Th.Arrowhea.Alnylam .WAVE Lif.Atrium T. 
Rev Chg LTM160.5%-83.2%14.1%82.6%-31.6%-14.1%
Rev Chg 3Y Avg-734.7%454.7%58.3%207.6%-331.2%
Rev Chg Q50.8%-96.1%-86.4%96.4%316.9%-50.8%
QoQ Delta Rev Chg LTM12.5%-82.6%-43.0%15.4%68.0%-12.5%
Op Inc Chg LTM2.4%-584.4%-87.2%751.9%-56.6%--56.6%
Op Inc Chg 3Y Avg--155.2%-75.5%288.0%-25.8%--50.7%
Op Mgn LTM-1,322.6%-577.5%-35.7%17.5%-274.2%-315.6%-294.9%
Op Mgn 3Y Avg--689.1%-464.3%1.3%-152.7%--308.5%
QoQ Delta Op Mgn LTM165.7%-566.3%-63.2%4.0%229.9%-4.0%
CFO/Rev LTM-667.2%-457.7%-5.8%16.7%-256.3%-278.6%-267.4%
CFO/Rev 3Y Avg--498.5%-239.6%8.0%-183.7%--211.6%
FCF/Rev LTM-667.2%-460.4%-8.2%15.0%-257.7%-291.4%-274.5%
FCF/Rev 3Y Avg--505.7%-443.9%6.0%-184.6%--314.3%

Valuation

CAMPSTOKARWRALNYWVERNAMedian
NameCamp4 Th.Stoke Th.Arrowhea.Alnylam .WAVE Lif.Atrium T. 
Mkt Cap0.31.910.739.51.30.21.6
P/S66.457.717.29.217.88.917.5
P/Op Inc-5.0-10.0-48.152.6-6.5-2.8-5.8
P/EBIT-5.0-10.0-66.845.5-6.5-2.8-5.8
P/E-3.0-10.9-35.568.5-7.0-2.7-5.0
P/CFO-10.0-12.6-294.055.3-6.9-3.2-8.4
Total Yield-33.0%-9.2%-2.8%1.5%-14.4%-37.4%-11.8%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg--1.0%-4.4%0.6%-14.7%--2.7%
D/E0.00.00.10.00.00.00.0
Net D/E-0.4-0.2-0.1-0.0-0.4-1.2-0.3

Returns

CAMPSTOKARWRALNYWVERNAMedian
NameCamp4 Th.Stoke Th.Arrowhea.Alnylam .WAVE Lif.Atrium T. 
1M Rtn-1.1%-18.3%1.4%-4.2%-13.6%-4.2%-4.2%
3M Rtn3.9%-14.4%17.9%-11.5%-52.7%-82.0%-13.0%
6M Rtn55.5%0.0%85.3%-31.8%-9.5%-81.4%-4.8%
12M Rtn124.9%208.8%387.0%2.9%4.8%-57.5%64.8%
3Y Rtn-57.9%146.6%106.6%55.1%67.5%11.9%61.3%
1M Excs Rtn-3.6%-21.1%-4.4%-10.3%-17.9%-10.6%-10.5%
3M Excs Rtn-9.5%-28.3%9.4%-19.0%-62.0%-91.3%-23.6%
6M Excs Rtn9.0%-9.5%79.8%-48.0%-19.8%-94.1%-14.6%
12M Excs Rtn99.9%181.6%361.7%-26.2%-22.2%-85.1%38.8%
3Y Excs Rtn-137.6%80.6%22.3%-25.8%-5.9%-60.8%-15.8%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil202520242023
Research and development (R&D)1 0
Total1 0


Net Income by Segment
$ Mil202520242023
Research and development (R&D)-52  
Total-52  


Assets by Segment
$ Mil202520242023
Research and development (R&D) 55103
Total 55103


Price Behavior

Price Behavior
Market Price$4.51 
Market Cap ($ Bil)0.1 
First Trading Date10/11/2024 
Distance from 52W High-36.7% 
   50 Days200 Days
DMA Price$4.52$4.24
DMA Trendupindeterminate
Distance from DMA-0.2%6.3%
 3M1YR
Volatility121.6%120.9%
Downside Capture316.49134.64
Upside Capture239.13190.02
Correlation (SPY)30.4%18.3%
CAMP Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta1.372.842.552.181.590.40
Up Beta1.581.482.102.470.70-0.21
Down Beta-2.981.982.824.413.060.36
Up Capture74%352%309%142%252%22%
Bmk +ve Days15223166141428
Stock +ve Days10172858116168
Down Capture-14%326%209%109%96%102%
Bmk -ve Days4183056108321
Stock -ve Days9233261126206

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CAMP
CAMP118.8%120.8%1.18-
Sector ETF (XLV)16.0%14.5%0.804.3%
Equity (SPY)29.5%12.0%1.8618.4%
Gold (GLD)35.5%26.8%1.115.4%
Commodities (DBC)42.9%18.7%1.77-8.7%
Real Estate (VNQ)15.2%13.1%0.823.0%
Bitcoin (BTCUSD)-29.5%41.7%-0.7316.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CAMP
CAMP-16.6%150.6%0.28-
Sector ETF (XLV)5.7%14.7%0.216.3%
Equity (SPY)14.0%17.0%0.6415.5%
Gold (GLD)18.8%18.0%0.855.3%
Commodities (DBC)10.4%19.4%0.42-7.9%
Real Estate (VNQ)3.8%18.8%0.1010.5%
Bitcoin (BTCUSD)12.2%55.3%0.428.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CAMP
CAMP-8.7%150.6%0.28-
Sector ETF (XLV)9.9%16.5%0.496.3%
Equity (SPY)15.7%17.9%0.7515.5%
Gold (GLD)13.0%16.0%0.675.3%
Commodities (DBC)7.8%17.9%0.35-7.9%
Real Estate (VNQ)5.5%20.7%0.2310.5%
Bitcoin (BTCUSD)67.2%66.9%1.068.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4302026
Short Interest: Shares Quantity0.5 Mil
Short Interest: % Change Since 4152026-3.8%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest6.5 days
Basic Shares Quantity57.9 Mil
Short % of Basic Shares0.8%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/20262.8%0.9% 
11/6/2025-4.5%-4.0%3.4%
8/14/20257.7%2.6%71.0%
3/27/2025-2.9%-30.1%-58.3%
11/21/2024-6.4%-17.1%31.1%
SUMMARY STATS   
# Positive223
# Negative331
Median Positive5.3%1.8%31.1%
Median Negative-4.5%-17.1%-58.3%
Max Positive7.7%2.6%71.0%
Max Negative-6.4%-30.1%-58.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202503/05/202610-K
09/30/202511/06/202510-Q
06/30/202508/14/202510-Q
03/31/202505/13/202510-Q
12/31/202403/27/202510-K
09/30/202411/21/202410-Q
06/30/202410/11/2024424B4

Recent Forward Guidance [BETA]

Latest: Q1 2026 Earnings Reported 5/7/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2028 Cash Runway     RaisedGuidance: 0 for 2027

Prior: Q3 2025 Earnings Reported 11/6/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2027 Cash Runway      
2025 Private Placement Proceeds 100.00 Mil    

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
15am, Partners Vi, Llc5AM Ventures VII, L.P.Buy91520251.532,941,1764,499,9994,499,999Form
2Polaris, Management CO Vii, Llc See footnoteBuy91120251.531,307,1891,999,9994,323,015Form
3Nashat, Amir See FootnoteBuy91120251.531,307,1891,999,9994,323,015Form
4Maricich, YuriChief Medical OfficerDirectBuy91120251.656,0609,9999,999Form
5Gold, KellyChief Financial OfficerDirectBuy91120251.656,0609,999111,997Form