Champions Oncology (CSBR)
Market Price (6/23/2026): $6.24 | Market Cap: $86.7 MilSector: Health Care | Industry: Biotechnology
Champions Oncology (CSBR)
Market Price (6/23/2026): $6.24Market Cap: $86.7 MilSector: Health CareIndustry: Biotechnology
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more. | Weak multi-year price returns2Y Excs Rtn is -13%, 3Y Excs Rtn is -57% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -2.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.8% Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 20x Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.1%, Rev Chg QQuarterly Revenue Change % is -2.8% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.6% Key risksCSBR key risks include [1] its dependency on volatile pharmaceutical and biotech research funding and [2] potential litigation claiming its products or technologies infringe on the intellectual property rights of others. |
| Megatrend and thematic driversMegatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -13%, 3Y Excs Rtn is -57% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -2.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.8% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 20x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.1%, Rev Chg QQuarterly Revenue Change % is -2.8% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -6.6% |
| Key risksCSBR key risks include [1] its dependency on volatile pharmaceutical and biotech research funding and [2] potential litigation claiming its products or technologies infringe on the intellectual property rights of others. |
Qualitative Assessment
AI Analysis | Feedback
Champions Oncology (CSBR) stock has gained about 5% since 2/28/2026 because of the following key factors:
1. Strong Core Revenue Growth and Sustained Adjusted EBITDA in Fiscal Q3 2026. Champions Oncology, which operates on a fiscal year ending April 30, reported robust financial results for its fiscal Q3 2026, ended January 31, 2026. The company announced on March 12, 2026, that core study revenue reached a record $16.6 million, representing approximately 32% year-over-year growth. Despite an earnings per share (EPS) miss of -$0.02 against an estimated $0.09, the market reacted positively, with the stock gaining 6.27% on March 13, 2026. This favorable response was likely driven by the company maintaining positive adjusted EBITDA for the third consecutive quarter and being on track for full-year revenue growth and positive adjusted EBITDA.
2. Strategic Reinforcement of Data-Driven Oncology and Board Expertise. The company strengthened its strategic direction in data-driven oncology with the appointment of Brian Alexander, MD, MPH, to its board of directors on March 30, 2026. Dr. Alexander brings significant experience from his previous roles, which is expected to advance Champions Oncology's initiatives in leveraging data and expanding its oncology platform. This move signals a commitment to enhancing its capabilities and fostering long-term growth in the precision oncology space.
Show more
Champions Oncology (CSBR) stock has gained about 5% since 2/28/2026 because of the following key factors:
1. Strong Core Revenue Growth and Sustained Adjusted EBITDA in Fiscal Q3 2026. Champions Oncology, which operates on a fiscal year ending April 30, reported robust financial results for its fiscal Q3 2026, ended January 31, 2026. The company announced on March 12, 2026, that core study revenue reached a record $16.6 million, representing approximately 32% year-over-year growth. Despite an earnings per share (EPS) miss of -$0.02 against an estimated $0.09, the market reacted positively, with the stock gaining 6.27% on March 13, 2026. This favorable response was likely driven by the company maintaining positive adjusted EBITDA for the third consecutive quarter and being on track for full-year revenue growth and positive adjusted EBITDA.
2. Strategic Reinforcement of Data-Driven Oncology and Board Expertise. The company strengthened its strategic direction in data-driven oncology with the appointment of Brian Alexander, MD, MPH, to its board of directors on March 30, 2026. Dr. Alexander brings significant experience from his previous roles, which is expected to advance Champions Oncology's initiatives in leveraging data and expanding its oncology platform. This move signals a commitment to enhancing its capabilities and fostering long-term growth in the precision oncology space.
3. Enhanced Scientific Visibility through AACR 2026 Presentations. Champions Oncology gained significant scientific visibility by presenting eight new studies at the American Association for Cancer Research (AACR) Annual Meeting, which took place from April 17 to 22, 2026. These presentations highlighted the company's innovative research across key areas of oncology drug development, including KRAS-mutant tumors, ovarian cancer, glioblastoma, radiopharmaceuticals, antibody-drug conjugates (ADCs), and CAR-T therapies. The company emphasized its use of patient-derived models and integrated molecular data to improve early-stage decision-making for biopharma partners, enhancing its scientific credibility and potential for future collaborations.
Show less
Stock Movement Drivers
Fundamental Drivers
The 5.0% change in CSBR stock from 2/28/2026 to 6/22/2026 was primarily driven by a 6.6% change in the company's P/S Multiple.| (LTM values as of) | 2282026 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.96 | 6.25 | 5.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 58 | 58 | -0.8% |
| P/S Multiple | 1.4 | 1.5 | 6.6% |
| Shares Outstanding (Mil) | 14 | 14 | -0.7% |
| Cumulative Contribution | 5.0% |
Market Drivers
2/28/2026 to 6/22/2026| Return | Correlation | |
|---|---|---|
| CSBR | 5.0% | |
| Market (SPY) | 8.8% | 19.0% |
| Sector (XLV) | -5.9% | 27.4% |
Fundamental Drivers
The -4.4% change in CSBR stock from 11/30/2025 to 6/22/2026 was primarily driven by a -5.5% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.54 | 6.25 | -4.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 57 | 58 | 1.9% |
| P/S Multiple | 1.6 | 1.5 | -5.5% |
| Shares Outstanding (Mil) | 14 | 14 | -0.7% |
| Cumulative Contribution | -4.4% |
Market Drivers
11/30/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| CSBR | -4.4% | |
| Market (SPY) | 9.5% | 13.5% |
| Sector (XLV) | -4.0% | 14.9% |
Fundamental Drivers
The 6.5% change in CSBR stock from 5/31/2025 to 6/22/2026 was primarily driven by a 9.1% change in the company's P/S Multiple.| (LTM values as of) | 5312025 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.87 | 6.25 | 6.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 59 | 58 | -1.1% |
| P/S Multiple | 1.4 | 1.5 | 9.1% |
| Shares Outstanding (Mil) | 14 | 14 | -1.3% |
| Cumulative Contribution | 6.5% |
Market Drivers
5/31/2025 to 6/22/2026| Return | Correlation | |
|---|---|---|
| CSBR | 6.5% | |
| Market (SPY) | 27.7% | 10.3% |
| Sector (XLV) | 15.2% | 7.6% |
Fundamental Drivers
The 20.0% change in CSBR stock from 5/31/2023 to 6/22/2026 was primarily driven by a 13.8% change in the company's P/S Multiple.| (LTM values as of) | 5312023 | 6222026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.21 | 6.25 | 20.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 54 | 58 | 8.0% |
| P/S Multiple | 1.3 | 1.5 | 13.8% |
| Shares Outstanding (Mil) | 14 | 14 | -2.4% |
| Cumulative Contribution | 20.0% |
Market Drivers
5/31/2023 to 6/22/2026| Return | Correlation | |
|---|---|---|
| CSBR | 20.0% | |
| Market (SPY) | 85.1% | 12.1% |
| Sector (XLV) | 23.4% | 6.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CSBR Return | -23% | -46% | 25% | 52% | -19% | -9% | -41% |
| Peers Return | 35% | -30% | 18% | -12% | 13% | -14% | -5% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 100% |
Monthly Win Rates [3] | |||||||
| CSBR Win Rate | 50% | 25% | 58% | 50% | 42% | 50% | |
| Peers Win Rate | 66% | 38% | 47% | 37% | 58% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| CSBR Max Drawdown | -44% | -60% | -38% | -45% | -51% | -27% | |
| Peers Max Drawdown | -16% | -48% | -36% | -35% | -37% | -33% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CRL, MEDP, LH, IQV, RXRX.
[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 6/22/2026 (YTD)
How Low Can It Go
| Event | CSBR | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -13.8% | -7.8% |
| % Gain to Breakeven | 16.0% | 8.5% |
| Time to Breakeven | 120 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -28.1% | -9.5% |
| % Gain to Breakeven | 39.0% | 10.5% |
| Time to Breakeven | 31 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -19.7% | -24.5% |
| % Gain to Breakeven | 24.5% | 32.4% |
| Time to Breakeven | 60 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.1% | -33.7% |
| % Gain to Breakeven | 72.8% | 50.9% |
| Time to Breakeven | 19 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -40.9% | -12.2% |
| % Gain to Breakeven | 69.1% | 13.9% |
| Time to Breakeven | 840 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -39.1% | -6.8% |
| % Gain to Breakeven | 64.2% | 7.3% |
| Time to Breakeven | 901 days | 15 days |
In The Past
Champions Oncology's stock fell -13.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 16.0% 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.
| Event | CSBR | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -28.1% | -9.5% |
| % Gain to Breakeven | 39.0% | 10.5% |
| Time to Breakeven | 31 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.1% | -33.7% |
| % Gain to Breakeven | 72.8% | 50.9% |
| Time to Breakeven | 19 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -40.9% | -12.2% |
| % Gain to Breakeven | 69.1% | 13.9% |
| Time to Breakeven | 840 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -39.1% | -6.8% |
| % Gain to Breakeven | 64.2% | 7.3% |
| Time to Breakeven | 901 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -23.5% | -17.9% |
| % Gain to Breakeven | 30.8% | 21.8% |
| Time to Breakeven | 33 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -20.2% | -15.4% |
| % Gain to Breakeven | 25.4% | 18.2% |
| Time to Breakeven | 1 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -70.0% | -53.4% |
| % Gain to Breakeven | 233.3% | 114.4% |
| Time to Breakeven | 49 days | 1085 days |
In The Past
Champions Oncology's stock fell -13.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 16.0% 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 Champions Oncology (CSBR)
Champions Oncology, Inc. (CSBR) is a biotechnology company specializing in advanced solutions for oncology drug development and personalized cancer care. At the heart of its business is the proprietary Tumorgraft Technology Platform. This innovative platform involves implanting human tumor samples into immune-deficient mice, creating unique, living models that accurately reflect an individual patient's cancer or a specific tumor type.
The company leverages this technology to serve two distinct customer segments. For patients and physicians, Champions Oncology provides personalized cancer care services, using the tumorgraft models to test various treatment options and identify the most effective therapies for an individual's specific tumor. Concurrently, it offers Translational Oncology Solutions to pharmaceutical and biotechnology companies. Through this offering, the company assists drug developers in evaluating the efficacy of new drug candidates and accelerating their oncology drug development pipelines, thereby contributing to the creation of more targeted and effective cancer treatments.
AI Analysis | Feedback
Think of them as a highly specialized Charles River Laboratories (CRL), but exclusively focused on growing human tumors in mice to test cancer drugs.
It's like Foundation Medicine for cancer treatment, but they actually grow a patient's tumor in a mouse to test which drugs work best, rather than just analyzing genetics.
AI Analysis | Feedback
- Personalized Cancer Care: Services based on the Tumorgraft Technology Platform, which involves implanting human tumors in immune-deficient mice to guide patient and physician treatment decisions.
- Translational Oncology Solutions: Services leveraging the Tumorgraft Technology Platform to assist pharmaceutical and biotechnology companies in their drug development processes.
AI Analysis | Feedback
The major customers of Champions Oncology (CSBR) primarily fall into categories related to personalized cancer care. Based on the company's description, it markets its products to:
- Patients: Individuals seeking personalized cancer care and treatment insights based on the company's Tumorgraft Technology Platform.
- Physicians: Medical professionals who utilize or recommend Champions Oncology's personalized cancer care solutions for their patients.
AI Analysis | Feedback
AI Analysis | Feedback
Rob Brainin, Chief Executive Officer
Rob Brainin leads Champions Oncology's mission to accelerate oncology drug development through advanced preclinical models and data-driven insights. He brings over two decades of leadership experience spanning genomics, diagnostics, and life sciences technology, with a career focused on leveraging data to improve patient care. Before joining Champions Oncology, Mr. Brainin served as Executive Vice President and Chief Business Officer at Veracyte, an oncology diagnostics company. He previously held the CEO position at Genuity Science (formerly WuXi NextCode), a genomics and therapeutic discovery firm, where he advanced the integration of clinical and molecular data to drive drug discovery and development. His experience also includes leading major genomics businesses as Vice President and General Manager at Illumina and Thermo Fisher Scientific, following Thermo Fisher's acquisition of Life Technologies, where he spent a decade building and scaling businesses. Mr. Brainin began his career as a management consultant at McKinsey & Co.
David Miller, Chief Financial Officer
David Miller serves as the Chief Financial Officer at Champions Oncology, Inc. Prior to his current role, Mr. Miller was the Vice President of Finance & Operations at Distribution Management Consolidators Worldwide LLC (DMCWW, LLC), which is described as a privately held growth equity firm specializing in providing growth capital to companies. From 2006 to 2010, he served as the Chief Financial Officer of NAF Funding, LLC. Earlier in his career, from 2000 to 2005, Mr. Miller was the Vice President of Finance & Operations at IDT Corp., where he was instrumental in establishing and expanding the consumer phone services division to over one million customers. He also served as an Assistant Vice President of the internal audit department at Deutsche Bank from 1997 to 1999 and held senior accountant positions at Schonbraun, Safris, Sternlieb, LLC and Margolin, Winer and Evans.
Maria Mancini, PhD, Chief Operating Officer
Dr. Maria Mancini joined Champions Oncology in March 2015 and currently serves as Chief Operating Officer. In this role, she oversees the drug testing and study conduct of pharmacology research initiatives, encompassing both preclinical and clinical studies.
Marianna Zipeto, PhD, Executive Vice President, Growth, Strategy & Enablement
Dr. Marianna Zipeto joined Champions Oncology in March 2020. As Executive Vice President of Growth, Strategy & Enablement, she is responsible for overseeing the translational oncology services business development team, corporate development, and marketing efforts. Before her tenure at Champions Oncology, Dr. Zipeto managed the scientific operations at a preclinical Contract Research Organization (CRO) and provided services as a management consultant for life science companies.
Philip Breitfeld, MD, Chief Strategy & Innovation Officer
Dr. Philip Breitfeld brings over 30 years of experience in the oncology field to his role as Chief Strategy & Innovation Officer at Champions Oncology. He most recently served as Global Vice President at IQVIA, where he was responsible for the Therapeutic Centers of Excellence. Previously, he led the Oncology Center of Excellence at IQVIA, engaging with numerous large, mid-size, and emerging biopharmaceutical firms. Dr. Breitfeld's background also includes senior clinical development positions at Merck KGaA (EMD Serono in the US), where he led oncology development in the US, and at BioCryst, where he led oncology development and held the title of Associate Chief Medical Officer.
AI Analysis | Feedback
The key risks to Champions Oncology (CSBR) primarily stem from the inherent challenges in its core technology, financial and operational pressures, and uncertainties surrounding its strategic investments.
1. Challenges and Limitations of Patient-Derived Xenograft (PDX) Models: Champions Oncology's business is fundamentally built upon its Tumorgraft Technology Platform, which utilizes patient-derived xenograft (PDX) models. These models, while valuable, face significant inherent challenges that can impact the reliability and utility of the company's services. These challenges include widespread quality issues such as model misidentification, cross-contamination between models, mycoplasma and viral infections, and elevated murine cell content, all of which can skew research results and drug efficacy studies. Furthermore, PDX models established in immune-compromised mice have limited applicability for immunologic research and are generally unsuitable for immune-oncology studies. Other limitations include difficulty in genetic manipulation, potential loss of tumor heterogeneity, selection bias, clonal evolution, stroma replacement, and variable tumor take rates, which can increase experimental time and cost. The translatability and predictive value of PDX models for clinical outcomes, especially for large sample sizes and diverse therapeutic mechanisms, are still subjects of ongoing evaluation.
2. Financial and Operational Pressures: Champions Oncology faces significant financial and operational challenges, particularly evidenced by declining gross margins and revenue variability. The company's gross margin fell substantially to 47% from 61% in a recent quarter, largely due to over $2 million in outsourced laboratory work, predominantly related to radiolabeling workflows. While management anticipates margin improvement as this work is brought in-house, it currently impacts profitability. Additionally, the absence of data revenue in certain quarters has driven overall revenue declines, and management has noted the variability of data revenue, indicating a dependence on large data deals. Without such deals, profitability can weaken. Increased operating expenses due to ongoing investments in research and development and commercial expansion have also contributed to net losses and negative earnings per share in recent periods.
3. Uncertainty Regarding Corellia Subsidiary Funding: The timing and securing of external funding for Corellia, Champions Oncology's wholly-owned discovery subsidiary, remain uncertain. Management has not provided a specific estimate for when external financing may occur. Delays or a failure to secure this funding could hinder the advancement of the company's drug discovery initiatives and potentially impact the redeployment of capital into other growth areas.
AI Analysis | Feedback
The emergence and increasing adoption of patient-derived organoids (PDOs) and tumoroids represent a clear emerging threat to Champions Oncology's business. PDOs are three-dimensional cell cultures derived directly from patient tumors, which can be grown *in vitro* to mimic the patient's original tumor biology. These models offer several advantages over traditional patient-derived xenograft (PDX) models, which form the core of Champions Oncology's Tumorgraft Technology Platform (implantation of human tumors in immune-deficient mice). PDOs are generally faster to establish, more cost-effective, offer higher throughput for drug screening, and can potentially be more representative of human physiology than mouse models for certain applications. As pharmaceutical companies and researchers increasingly utilize PDOs for drug development and personalized cancer care, it could diminish the demand for CSBR's *in vivo* PDX models.
AI Analysis | Feedback
AI Analysis | Feedback
Champions Oncology (CSBR) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
-
Growth in Core Translational Oncology Solutions (TOS) Business: The company anticipates continued expansion in its core services, driven by an improving economic environment in the biotech sector. This is expected to lead to increased R&D budgets, higher customer engagement, more studies, and improved bookings-to-revenue conversion, reversing previous challenges with cancellations and smaller study sizes.
-
Expansion and Monetization of the Data Platform: Champions Oncology is significantly investing in its data platform, including sequencing and related R&D, and expanding its commercial teams for data offerings. This strategic area, encompassing AI and data licensing, is projected to be a key growth lever, with tangible benefits and revenue recognition from data deals expected in the coming quarters and a more meaningful acceleration in fiscal 2028.
-
Development of In-house Radiolabeling and Radiopharmaceutical Capabilities: The company is building out its radiopharmaceutical capabilities and aims to bring outsourced radiolabeling work in-house. This move is expected to tap into emerging oncology modalities, broaden long-term growth drivers, and improve gross margins as the associated costs decline.
-
Progress with Corellia, the Target Discovery Subsidiary: Corellia, Champions Oncology's wholly-owned subsidiary focused on target discovery and technology-enabled research solutions, is seen as a significant future growth driver. While the timing of external funding remains uncertain, internal investments are ongoing, with a payoff from these investments anticipated to begin showing in fiscal 2027 and accelerate in fiscal 2028.
AI Analysis | Feedback
Share Repurchases
- Champions Oncology, Inc. authorized a share repurchase program on April 5, 2023, to purchase up to $5 million of its common stock through April 30, 2024.
Share Issuance
- The number of common shares outstanding was 13,777,170 as of July 21, 2025.
- As of December 11, 2025, the number of shares outstanding increased to 13,886,326.
- Director stock options were granted on various dates, including November 5, 2025, for 13,790 shares at an exercise price of $6.80 per share, and on November 6, 2025, a director acquired 94,405 shares via a $2.1 exercise. These grants contribute to the overall share issuance over time.
Capital Expenditures
- Capital expenditures in the most recent quarter amounted to approximately $0.242 million.
- Over the past twelve months, capital expenditures were approximately -$435,000.00.
- The company invested approximately $6.8 million in fiscal year 2025 and $9.5 million in fiscal year 2024 in research and development, primarily focused on expanding its TumorBank and developing artificial intelligence, data structures, and analytics for its platforms.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Champions Oncology Earnings Notes | 12/16/2025 | |
| Champions Oncology Stock Up 8.6%, Buy Or Wait? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 174.69 |
| Mkt Cap | 10.9 |
| Rev LTM | 3,353 |
| Op Inc LTM | 505 |
| FCF LTM | 551 |
| FCF 3Y Avg | 516 |
| CFO LTM | 673 |
| CFO 3Y Avg | 652 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.3% |
| Rev Chg 3Y Avg | 5.5% |
| Rev Chg Q | 3.5% |
| QoQ Delta Rev Chg LTM | 0.8% |
| Op Inc Chg LTM | 8.3% |
| Op Inc Chg 3Y Avg | -2.8% |
| Op Mgn LTM | 11.1% |
| Op Mgn 3Y Avg | 10.6% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 13.9% |
| CFO/Rev 3Y Avg | 14.0% |
| FCF/Rev LTM | 9.8% |
| FCF/Rev 3Y Avg | 9.6% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Oncology services | 57 | 50 | |||
| Other Translational Oncology Solutions (TOS) revenue | 3 | 2 | 1 | ||
| Personalized oncology services | 0 | 0 | 0 | ||
| Pharmacology services | 51 | 47 | 39 | ||
| Total | 57 | 50 | 54 | 49 | 41 |
| $ Mil | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|
| Personalized oncology services | -0 | ||||
| Translational Oncology Solutions | -1 | -4 | -4 | 3 | 1 |
| Unallocated Corporate Overhead | -5 | -6 | -6 | -7 | -5 |
| Personalized Oncology Solutions | -1 | -3 | -2 | -2 | |
| Total | -7 | -10 | -13 | -6 | -6 |
Price Behavior
| Market Price | $6.25 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 02/23/2007 | |
| Distance from 52W High | -29.9% | |
| 50 Days | 200 Days | |
| DMA Price | $6.01 | $6.39 |
| DMA Trend | down | up |
| Distance from DMA | 4.0% | -2.2% |
| 3M | 1YR | |
| Volatility | 48.3% | 66.0% |
| Downside Capture | 38.06 | 113.33 |
| Upside Capture | 37.60 | 49.17 |
| Correlation (SPY) | 12.9% | 10.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.64 | 0.56 | 0.60 | 0.64 | 0.54 | 0.52 |
| Up Beta | 1.46 | -0.23 | -0.40 | 0.02 | 0.65 | 0.83 |
| Down Beta | 0.13 | 1.17 | 1.46 | 0.86 | -0.03 | 0.71 |
| Up Capture | 11% | 52% | 56% | 55% | 50% | 5% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 9 | 18 | 26 | 52 | 106 | 338 |
| Down Capture | 107% | 198% | 105% | 113% | 91% | 43% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 11 | 22 | 34 | 66 | 133 | 381 |
[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 CSBR | |
|---|---|---|---|---|
| CSBR | -29.6% | 63.9% | -0.31 | - |
| Sector ETF (XLV) | 14.7% | 15.0% | 0.70 | 10.3% |
| Equity (SPY) | 26.1% | 12.4% | 1.59 | 12.0% |
| Gold (GLD) | 24.1% | 27.5% | 0.77 | 8.1% |
| Commodities (DBC) | 18.5% | 18.8% | 0.77 | -3.3% |
| Real Estate (VNQ) | 11.8% | 13.8% | 0.57 | 9.9% |
| Bitcoin (BTCUSD) | -40.2% | 42.5% | -1.09 | 9.5% |
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 CSBR | |
|---|---|---|---|---|
| CSBR | -8.4% | 63.6% | 0.12 | - |
| Sector ETF (XLV) | 5.5% | 14.7% | 0.19 | 7.9% |
| Equity (SPY) | 13.4% | 17.1% | 0.61 | 11.3% |
| Gold (GLD) | 17.1% | 18.3% | 0.76 | 4.2% |
| Commodities (DBC) | 7.5% | 19.4% | 0.28 | 2.6% |
| Real Estate (VNQ) | 2.1% | 18.9% | 0.01 | 9.7% |
| Bitcoin (BTCUSD) | 9.4% | 54.1% | 0.37 | 7.5% |
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 CSBR | |
|---|---|---|---|---|
| CSBR | 10.3% | 68.4% | 0.44 | - |
| Sector ETF (XLV) | 9.5% | 16.6% | 0.46 | 20.6% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 22.0% |
| Gold (GLD) | 12.2% | 16.1% | 0.62 | 2.8% |
| Commodities (DBC) | 6.0% | 18.0% | 0.26 | 9.5% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 18.1% |
| Bitcoin (BTCUSD) | 59.9% | 66.8% | 1.00 | 7.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/12/2026 | 6.3% | 8.0% | 0.0% |
| 12/15/2025 | -13.7% | -7.1% | -8.0% |
| 9/15/2025 | -16.0% | -18.7% | -20.4% |
| 7/23/2025 | -14.2% | -17.3% | -4.4% |
| 3/11/2025 | -2.5% | -1.8% | -13.6% |
| 12/11/2024 | -11.6% | 18.3% | 65.6% |
| 9/11/2024 | 9.6% | 5.2% | 15.2% |
| 7/18/2024 | 2.5% | -2.2% | -8.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 13 | 13 |
| # Negative | 11 | 11 | 11 |
| Median Positive | 5.4% | 5.8% | 10.2% |
| Median Negative | -4.4% | -4.9% | -8.0% |
| Max Positive | 9.6% | 20.5% | 65.6% |
| Max Negative | -31.0% | -43.8% | -35.5% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/12/2026 | 6.3% | 8.0% | 0.0% |
| 12/15/2025 | -13.7% | -7.1% | -8.0% |
| 9/15/2025 | -16.0% | -18.7% | -20.4% |
| 7/23/2025 | -14.2% | -17.3% | -4.4% |
| 3/11/2025 | -2.5% | -1.8% | -13.6% |
| 12/11/2024 | -11.6% | 18.3% | 65.6% |
| 9/11/2024 | 9.6% | 5.2% | 15.2% |
| 7/18/2024 | 2.5% | -2.2% | -8.7% |
| 3/12/2024 | -3.0% | -10.1% | -13.2% |
| 12/12/2023 | 5.4% | -1.1% | 45.6% |
| 9/13/2023 | -1.5% | -2.7% | 10.2% |
| 7/24/2023 | 0.0% | 1.4% | 3.1% |
| 3/15/2023 | -2.4% | 1.2% | 17.1% |
| 12/13/2022 | -31.0% | -43.8% | -35.5% |
| 9/8/2022 | 2.1% | 20.5% | 3.3% |
| 7/21/2022 | 8.1% | 5.8% | 12.0% |
| 3/15/2022 | 8.2% | 7.5% | 6.3% |
| 12/13/2021 | 0.7% | 1.9% | -1.4% |
| 9/13/2021 | 0.3% | 1.9% | 0.1% |
| 7/22/2021 | 2.3% | 4.9% | -1.1% |
| 3/11/2021 | 8.1% | 20.0% | 3.2% |
| 12/14/2020 | -1.3% | -3.6% | -2.8% |
| 9/14/2020 | 9.2% | 12.1% | 22.0% |
| 7/27/2020 | -4.4% | -4.9% | -4.5% |
| SUMMARY STATS | |||
| # Positive | 13 | 13 | 13 |
| # Negative | 11 | 11 | 11 |
| Median Positive | 5.4% | 5.8% | 10.2% |
| Median Negative | -4.4% | -4.9% | -8.0% |
| Max Positive | 9.6% | 20.5% | 65.6% |
| Max Negative | -31.0% | -43.8% | -35.5% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 01/31/2026 | 03/12/2026 | 10-Q |
| 10/31/2025 | 12/15/2025 | 10-Q |
| 07/31/2025 | 09/15/2025 | 10-Q |
| 04/30/2025 | 07/23/2025 | 10-K |
| 01/31/2025 | 03/17/2025 | 10-Q |
| 10/31/2024 | 12/16/2024 | 10-Q |
| 07/31/2024 | 09/13/2024 | 10-Q |
| 04/30/2024 | 07/19/2024 | 10-K |
| 01/31/2024 | 03/15/2024 | 10-Q |
| 10/31/2023 | 12/13/2023 | 10-Q |
| 07/31/2023 | 09/13/2023 | 10-Q |
| 04/30/2023 | 07/24/2023 | 10-K |
| 01/31/2023 | 03/16/2023 | 10-Q |
| 10/31/2022 | 12/13/2022 | 10-Q |
| 07/31/2022 | 09/12/2022 | 10-Q |
| 04/30/2022 | 07/22/2022 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 01/31/2026 | 03/12/2026 | 10-Q |
| 10/31/2025 | 12/15/2025 | 10-Q |
| 07/31/2025 | 09/15/2025 | 10-Q |
| 04/30/2025 | 07/23/2025 | 10-K |
| 01/31/2025 | 03/17/2025 | 10-Q |
| 10/31/2024 | 12/16/2024 | 10-Q |
| 07/31/2024 | 09/13/2024 | 10-Q |
| 04/30/2024 | 07/19/2024 | 10-K |
| 01/31/2024 | 03/15/2024 | 10-Q |
| 10/31/2023 | 12/13/2023 | 10-Q |
| 07/31/2023 | 09/13/2023 | 10-Q |
| 04/30/2023 | 07/24/2023 | 10-K |
| 01/31/2023 | 03/16/2023 | 10-Q |
| 10/31/2022 | 12/13/2022 | 10-Q |
| 07/31/2022 | 09/12/2022 | 10-Q |
| 04/30/2022 | 07/22/2022 | 10-K |
| 01/31/2022 | 03/15/2022 | 10-Q |
| 10/31/2021 | 12/13/2021 | 10-Q |
| 07/31/2021 | 09/13/2021 | 10-Q |
| 04/30/2021 | 07/26/2021 | 10-K |
| 01/31/2021 | 03/15/2021 | 10-Q |
| 10/31/2020 | 12/14/2020 | 10-Q |
| 07/31/2020 | 09/14/2020 | 10-Q |
| 04/30/2020 | 07/28/2020 | 10-K |
| 01/31/2020 | 03/16/2020 | 10-Q |
| 10/31/2019 | 12/16/2019 | 10-Q |
| 07/31/2019 | 09/16/2019 | 10-Q |
| 04/30/2019 | 07/29/2019 | 10-K |
Recent Forward Guidance
Updated 5/31/2026Latest: Q3 2026 Earnings Reported 3/12/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Revenue Growth | |||||||
| 2026 Adjusted EBITDA | |||||||
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.