Palisade Bio (PALI)
Market Price (11/3/2026): $1.215 | Market Cap: $211.7 MilSector: Health Care | Industry: Biotechnology
Palisade Bio (PALI)
Market Price (11/3/2026): $1.215Market Cap: $211.7 MilSector: Health CareIndustry: Biotechnology
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -53% Megatrend and thematic driversMegatrends include Precision Medicine. Themes include Gastrointestinal Biopharmaceutical Development. | Weak multi-year price returns2Y Excs Rtn is -97%, 3Y Excs Rtn is -169% Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -35 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7070% Expensive valuation multiplesP/SPrice/Sales ratio is 473x Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 2580% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3638%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3638% 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 -18% Significant short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 16.02 Key risksPALI key risks include [1] substantial doubt about its ability to continue as a going concern due to its precarious financial position, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -53% |
| Megatrend and thematic driversMegatrends include Precision Medicine. Themes include Gastrointestinal Biopharmaceutical Development. |
| Weak multi-year price returns2Y Excs Rtn is -97%, 3Y Excs Rtn is -169% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -35 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -7070% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 473x |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 2580% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3638%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3638% |
| 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 -18% |
| Significant short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 16.02 |
| Key risksPALI key risks include [1] substantial doubt about its ability to continue as a going concern due to its precarious financial position, Show more. |
Qualitative Assessment
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Palisade Bio (PALI) stock has lost about 40% since 7/31/2026 because of the following key factors:
1. Continued Financial Losses and Future Projections.
Palisade Bio reported a net loss of -$0.05 per share for fiscal Q2 2026 (ended June 30, 2026), meeting analysts' consensus estimates for the quarter. However, analysts anticipate a further loss of -$0.06 per share for fiscal Q3 2026, with full-year loss projections of -$0.22 per share for the current year and -$0.28 per share for the next fiscal year. This pattern of sustained unprofitability, typical for a clinical-stage biotechnology company, contributes to investor caution despite meeting near-term earnings estimates.
2. Extended Timeline to Key Clinical Readouts.
Despite the positive milestone of dosing the first patient in the global Phase 2b ASCENTRA-UC study for PALI-2108 in late October 2026, topline results from the 12-week induction phase of this ulcerative colitis trial are not expected until fiscal Q4 2027. This extended waiting period for significant clinical data can lead to a lack of immediate catalysts and may have contributed to a decrease in investor interest and stock value during the specified period.
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Palisade Bio (PALI) stock has lost about 40% since 7/31/2026 because of the following key factors:
1. Continued Financial Losses and Future Projections.
Palisade Bio reported a net loss of -$0.05 per share for fiscal Q2 2026 (ended June 30, 2026), meeting analysts' consensus estimates for the quarter. However, analysts anticipate a further loss of -$0.06 per share for fiscal Q3 2026, with full-year loss projections of -$0.22 per share for the current year and -$0.28 per share for the next fiscal year. This pattern of sustained unprofitability, typical for a clinical-stage biotechnology company, contributes to investor caution despite meeting near-term earnings estimates.
2. Extended Timeline to Key Clinical Readouts.
Despite the positive milestone of dosing the first patient in the global Phase 2b ASCENTRA-UC study for PALI-2108 in late October 2026, topline results from the 12-week induction phase of this ulcerative colitis trial are not expected until fiscal Q4 2027. This extended waiting period for significant clinical data can lead to a lack of immediate catalysts and may have contributed to a decrease in investor interest and stock value during the specified period.
3. Early-Stage Clinical Data with Inherent Uncertainty.
While Palisade Bio presented encouraging early clinical and translational findings for PALI-2108 in inflammatory bowel disease at scientific conferences (ACG 2026 and UEG Week 2026) in October 2026, these results were derived from small, open-label Phase 1b studies, each involving only five patients. Although supportive of advancing PALI-2108 into Phase 2, the inherent risks and uncertainties associated with early-stage biotechnology trials mean these results do not yet definitively establish treatment efficacy, a factor noted by reports stating the findings "do not establish that the treatment is effective."
4. Mixed Analyst Sentiment.
Analyst coverage for Palisade Bio presented mixed signals during the period. While some firms, such as Raymond James and HC Wainwright, initiated or reiterated "outperform" or "buy" ratings with price targets up to $7.00 in October 2026, other analysts expressed caution. Notably, Weiss Ratings reaffirmed a "sell (e+)" rating, and Wall Street Zen downgraded the stock from "hold" to "sell" in October 2026, indicating a divided opinion on the company's prospects and potentially contributing to market uncertainty and downward pressure on the stock.
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Stock Movement Drivers
Fundamental Drivers
The -40.9% change in PALI stock from 7/31/2026 to 11/2/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 7312026 | 11022026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.90 | 1.12 | -40.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 473.5 | |
| Shares Outstanding (Mil) | 210 | 211 | -0.8% |
| Cumulative Contribution | 0.0% |
Market Drivers
7/31/2026 to 11/2/2026| Return | Correlation | |
|---|---|---|
| PALI | -40.9% | |
| Market (SPY) | 0.7% | 39.3% |
| Sector (XLV) | 13.6% | 24.7% |
Fundamental Drivers
The -44.0% change in PALI stock from 4/30/2026 to 11/2/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 11022026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.00 | 1.12 | -44.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 473.5 | |
| Shares Outstanding (Mil) | 160 | 211 | -24.5% |
| Cumulative Contribution | 0.0% |
Market Drivers
4/30/2026 to 11/2/2026| Return | Correlation | |
|---|---|---|
| PALI | -44.0% | |
| Market (SPY) | 4.9% | 23.1% |
| Sector (XLV) | 27.0% | 17.5% |
Fundamental Drivers
The -45.9% change in PALI stock from 10/31/2025 to 11/2/2026 was primarily driven by a null change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 11022026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.07 | 1.12 | -45.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 473.5 | |
| Shares Outstanding (Mil) | 5 | 211 | -97.7% |
| Cumulative Contribution | 0.0% |
Market Drivers
10/31/2025 to 11/2/2026| Return | Correlation | |
|---|---|---|
| PALI | -45.9% | |
| Market (SPY) | 11.2% | 17.4% |
| Sector (XLV) | 29.6% | 9.7% |
Fundamental Drivers
The -86.5% change in PALI stock from 10/31/2023 to 11/2/2026 was primarily driven by a -99.8% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 10312023 | 11022026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.32 | 1.12 | -86.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 0 | 100.0% |
| P/S Multiple | 14.2 | 473.5 | 3223.3% |
| Shares Outstanding (Mil) | 0 | 211 | -99.8% |
| Cumulative Contribution | -86.5% |
Market Drivers
10/31/2023 to 11/2/2026| Return | Correlation | |
|---|---|---|
| PALI | -86.5% | |
| Market (SPY) | 86.0% | 10.9% |
| Sector (XLV) | 55.2% | 9.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PALI Return | -75% | -92% | -89% | -81% | 42% | -52% | -100% |
| Peers Return | 36% | 15% | 5% | 8% | 30% | 34% | 207% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| PALI Win Rate | 33% | 17% | 33% | 25% | 50% | 36% | |
| Peers Win Rate | 60% | 60% | 47% | 50% | 60% | 62% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 36% | |
Max Drawdowns [4] | |||||||
| PALI Max Drawdown | -89% | -98% | -90% | -90% | -76% | -60% | |
| Peers Max Drawdown | -16% | -18% | -24% | -20% | -21% | -16% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ABBV, LLY, JNJ, PFE, AMGN.
[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 11/2/2026 (YTD)
How Low Can It Go
| Event | PALI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -34.4% | -18.8% |
| % Gain to Breakeven | 52.5% | 23.1% |
| Time to Breakeven | 40 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -42.4% | -6.7% |
| % Gain to Breakeven | 73.5% | 7.1% |
| Time to Breakeven | 56 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -35.4% | -33.7% |
| % Gain to Breakeven | 54.9% | 50.9% |
| Time to Breakeven | 60 days | 140 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -30.5% | -3.7% |
| % Gain to Breakeven | 43.9% | 3.9% |
| Time to Breakeven | 68 days | 6 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -21.7% | -17.9% |
| % Gain to Breakeven | 27.8% | 21.8% |
| Time to Breakeven | 37 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -17.3% | -15.4% |
| % Gain to Breakeven | 20.9% | 18.2% |
| Time to Breakeven | 1155 days | 125 days |
In The Past
Palisade Bio's stock fell -34.4% during the 2025 US Tariff Shock. Such a loss loss requires a 52.5% gain to breakeven.
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| Event | PALI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -34.4% | -18.8% |
| % Gain to Breakeven | 52.5% | 23.1% |
| Time to Breakeven | 40 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -42.4% | -6.7% |
| % Gain to Breakeven | 73.5% | 7.1% |
| Time to Breakeven | 56 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -35.4% | -33.7% |
| % Gain to Breakeven | 54.9% | 50.9% |
| Time to Breakeven | 60 days | 140 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -30.5% | -3.7% |
| % Gain to Breakeven | 43.9% | 3.9% |
| Time to Breakeven | 68 days | 6 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -21.7% | -17.9% |
| % Gain to Breakeven | 27.8% | 21.8% |
| Time to Breakeven | 37 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -74.9% | -53.4% |
| % Gain to Breakeven | 298.8% | 114.4% |
| Time to Breakeven | 431 days | 1085 days |
In The Past
Palisade Bio's stock fell -34.4% during the 2025 US Tariff Shock. Such a loss loss requires a 52.5% 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 Palisade Bio (PALI)
Palisade Bio, Inc. (PALI) is a clinical-stage biopharmaceutical company focused on developing and commercializing oral therapies. The company's core mission is to address serious diseases stemming from the breakdown of the mucosal barrier, which plays a crucial protective role within the gastrointestinal (GI) tract.
The company's lead therapeutic candidate is LB1148, an oral liquid formulation of tranexamic acid. LB1148 is designed to inhibit digestive enzyme activity and thereby preserve gut integrity. It is intended for use during periods of significant intestinal stress, which can be caused by conditions such as reduced blood flow to the intestine, infections, or surgical procedures.
Through LB1148, Palisade Bio aims to serve patients experiencing compromised gut barriers due to these various stressors. The company's goal is to offer a novel approach to protect the gut and improve outcomes for individuals facing critical GI health challenges.
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- AbbVie for serious gut barrier diseases.
- Takeda for protecting the gut from intestinal stress.
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- LB1148: An oral liquid formulation of tranexamic acid designed to inhibit digestive enzyme activity and preserve gut integrity during intestinal stress.
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Palisade Bio, Inc. (PALI) is a clinical-stage biopharmaceutical company. As such, its primary focus is on the discovery, development, and clinical testing of its therapeutic candidates, such as LB1148. The company does not currently have approved products on the market generating commercial sales, and therefore, it does not have major commercial customers (neither other companies nor individuals) in the traditional sense.
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JD Finley, Chief Executive Officer, Chief Financial Officer and Director
Mr. Finley is an experienced financial executive who has played instrumental roles in raising nearly $1 billion in capital for companies. Prior to joining Palisade Bio (formerly Leading BioSciences) as the company's CFO, he served as Chief Executive Officer, President, and CFO for PointAcross, Inc., a software company providing business messaging and communications services. He also co-founded Proteus Capital Partners, Inc., a firm specializing in providing financing for a variety of businesses, and was a Principal and CFO at Phillips Capital, a broker/dealer firm specializing in private debt and equity capital raises. During his career, he was also the executive vice president and CFO of MetroGolf, Inc., where he successfully completed the company's initial public offering and helped grow the start-up. He led multiple financings and was key in the execution of the company's 2021 merger with Seneca Biopharma, Inc., which resulted in Palisade Bio's public listing on Nasdaq. He was appointed interim CEO in October 2022 and officially named CEO in June 2023.
Mitch Jones, MD, Ph.D., President & Chief Medical Officer
Dr. Jones is an accomplished physician and executive with extensive experience in the development of innovative therapeutics for inflammatory and fibrotic diseases. As Chief Medical Officer, he oversees all clinical development programs, regulatory strategies, and medical affairs. He has a distinguished track record of advancing innovative therapies from translational research through clinical development and achieving regulatory approvals. Dr. Jones previously held key leadership roles at Finch Therapeutics, where he was Vice President of Clinical Discovery and Development and contributed to the company's IPO, and at Biora Therapeutics (formerly Progenity), where he served as Vice President of Innovation and Clinical Translational Development.
Ryker Willie, SVP, Finance and Corporate Controller
Mr. Willie serves as the Senior Vice President of Finance and Corporate Controller for Palisade Bio.
Sharon Skare, PhD(c), VP, Global Head of Clinical Operations
Ms. Skare has served seven years as a department head within Clinical Operations and has been instrumental in multiple global inspection-readiness initiatives and post-approval filings for therapies in ulcerative colitis and diabetes. She most recently served as Vice President and Global Head of Clinical Operations at Abivax, where she oversaw global Phase 3 and Phase 2 programs in ulcerative colitis and Crohn's disease.
James Izanec, MD, AGAF, VP, Head of Clinical Development
Dr. Izanec is a physician-scientist with over two decades of clinical and drug development leadership experience spanning immunology, neuroscience, and gastroenterology. Prior to joining Palisade Bio, Dr. Izanec served as Senior Medical Director and Clinical Development Lead at Bristol Myers Squibb, where he led global Phase 2/3 development programs across autoimmune and neurological diseases. His responsibilities at Bristol Myers Squibb included oversight of a 1,200-patient Phase 3 Crohn's program and leadership of pediatric development programs in Crohn's disease, ulcerative colitis, and multiple sclerosis.
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The key risks for Palisade Bio (PALI), a clinical-stage biopharmaceutical company, are primarily centered around the inherent challenges of drug development, reliance on its lead product candidate, and its financial position.
- Clinical Development and Regulatory Approval Risk: As a clinical-stage company, Palisade Bio's success hinges on the successful clinical development, regulatory approval, and eventual commercialization of its therapeutic compounds, particularly its lead asset, PALI-2108. The company currently has no approved products for sale, and there is no guarantee it will obtain regulatory approval for any of its product candidates. The substantial risks in drug development mean that Palisade Bio may never successfully develop any product candidate. This risk is underscored by the prior failure of LB1148, an earlier lead candidate, to meet its primary endpoint in a Phase 2 trial for intra-abdominal adhesions, leading to the discontinuation of its development for that indication.
- Product Concentration Risk: Palisade Bio is heavily dependent on the success of its current lead product candidate, PALI-2108. The company's business relies significantly on the successful clinical development, regulatory approval, and commercialization of this single therapeutic compound. Should PALI-2108 fail in clinical trials or face challenges in securing regulatory approval, it would have a severe adverse impact on the company's future prospects, given its early stage of clinical development.
- Financial Vulnerability and Need for Additional Financing: Palisade Bio has a very limited operating history and has not generated any revenue from product sales. The company incurs significant research and development costs, leading to ongoing net losses and negative cash flow from operations. While Palisade Bio completed a public offering in October 2025, raising approximately $138 million, which extended its financial runway, the company consistently relies on equity to fund its operations and clinical milestones. This continuous need to raise significant additional funds to support its operations and the ongoing development of PALI-2108 presents financial vulnerabilities and the risk of future share dilution for existing shareholders.
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Palisade Bio's lead therapeutic candidate, LB1148, targets serious diseases associated with the breakdown of the mucosal barrier protecting the gastrointestinal tract. It is an oral liquid formulation of the digestive enzyme inhibitor tranexamic acid, intended to inhibit digestive enzyme activity and preserve gut integrity during intestinal stress caused by reduced blood flow to the intestine, infections, and surgery. LB1148 is being developed to accelerate the return of postoperative bowel function and prevent post-surgical abdominal adhesions. The addressable markets for LB1148, globally, can be identified within several key therapeutic areas:
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Global Ischemia Reperfusion Injury (IRI) Therapeutics Market: This market, which includes treatments for intestine injury, was valued at approximately USD 2.05 billion in 2025. It is projected to grow to around USD 2.94 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 5.3%. Another estimate places the global IRI therapeutics market at USD 2.31 billion in 2025, anticipating growth to USD 3.47 billion by 2032, at a CAGR of 6%.
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Global Enzyme Inhibitor Market: LB1148 is a broad-spectrum serine protease inhibitor. The global enzyme inhibitor market size was valued at USD 27.02 billion in 2024 and is projected to increase to approximately USD 45.72 billion by 2034, exhibiting a CAGR of 5.40% during this period. The protease inhibitors segment within this market is expanding at a significant CAGR.
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Global Gastrointestinal (GI) Therapeutics Market: This broader market encompasses treatments for various GI conditions. Estimates for the global gastrointestinal therapeutics market vary, with one report valuing it at USD 41.94 billion in 2025, growing to an estimated USD 53.96 billion by 2031, at a CAGR of 4.29%. Another projection indicates a market size of USD 80.60 billion in 2025, expected to reach USD 140.98 billion by 2034, with a CAGR of 5.09%. North America is noted as a significant region within this market.
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For Palisade Bio (PALI), a clinical-stage biopharmaceutical company, expected drivers of future revenue growth over the next 2-3 years are primarily tied to the advancement and potential commercialization of its pipeline assets, particularly its lead candidate, and strategic collaborations.
- Successful Clinical Development and Regulatory Approval of PALI-2108: The primary driver for future revenue growth is the successful progression of PALI-2108, an oral phosphodiesterase 4 (PDE4) inhibitor prodrug, through clinical trials for inflammatory bowel diseases (IBD) such as ulcerative colitis and fibrostenotic Crohn's disease. Positive outcomes from these trials, including the recently reported positive results from the Phase 1b trial for ulcerative colitis, and subsequent regulatory approvals, would be critical.
- Commercialization and Market Penetration of PALI-2108: Following regulatory approval, the successful launch and market penetration of PALI-2108 in the substantial inflammatory bowel disease market would directly generate product sales. While analysts forecast negligible revenue in the immediate future, significant growth is anticipated upon commercialization.
- Strategic Partnerships and Licensing Agreements: Palisade Bio actively seeks and engages in strategic partnerships and licensing agreements. Collaborations, such as existing agreements with Giiant Pharma, Inc. and Newsoara Biopharma Co., Ltd., for the development, manufacturing, and commercialization of its compounds, can provide upfront payments, milestone payments, and future royalties, contributing to revenue growth.
- Advancement and Diversification of the Pipeline: The company's strategy includes leveraging its expertise to develop a growing pipeline of product candidates for autoimmune, inflammatory, and fibrotic diseases. Successful progression of these additional therapeutic candidates from preclinical development into clinical stages, and potential future commercialization or out-licensing, would establish new revenue streams beyond PALI-2108.
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Share Issuance
- Palisade Bio closed an underwritten public offering in October 2025, raising approximately $138 million in gross proceeds, including the full exercise of the underwriter's over-allotment option. This offering involved 197,154,844 shares of common stock (or common stock equivalents) priced at $0.70 per share.
- In December 2025, stockholders approved an increase in the number of authorized shares of common stock from 280,000,000 to 300,000,000. This also included the approval for the issuance of up to 8,637,810 shares underlying warrants issued in July 2025.
- A reverse stock split was effected on April 8, 2024, at a ratio of 1:15.
Inbound Investments
- In January 2026, Palisade Bio received a strategic equity investment of up to $500,000 from the Crohn's & Colitis Foundation through its IBD Ventures program to support the clinical development of PALI-2108.
- The $138 million public offering in October 2025 was led by B Group Capital and Columbia Threadneedle Investments, with significant participation from other investment firms including Adage Capital Partners LP, Perceptive Advisors, and RA Capital Management.
- As of December 31, 2025, investment entities affiliated with Point72 Asset Management, L.P. reported a 7.0% beneficial ownership of Palisade Bio common stock, and RA Capital Management reported a 9.99% beneficial ownership.
Capital Expenditures
- Capital expenditures for Palisade Bio have been reported as not applicable ("n/a") in recent financial summaries.
Peer Outperformance in Biotechnology
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Health Care Distributors | 6 | 12.2% | 58.2% | 97.6% | CAH 476% · MCK 367% · COR 185% |
| Health Care Services | 20 | 31.1% | 37.7% | 14.8% | HIMS 210% · RDNT 129% · DGX 92% |
| Managed Health Care | 8 | 34.6% | -3.7% | -3.5% | OSCR 84% · HQY 53% · ELV 6% |
| Health Care Facilities | 25 | 12.6% | 15.4% | -12.2% | THC 286% · NHC 227% · EHC 195% |
| Health Care Equipment | 50 | 6.4% | 12.3% | -19.4% | GKOS 430% · UFPT 355% · TMDX 141% |
| Pharmaceuticals | 61 | -13.3% | 6.7% | -37.3% | LQDA 968% · KNSA 499% · LLY 475% |
| Health Care Supplies | 11 | 21.4% | 11.8% | -38.8% | LNTH 314% · HAE 68% · MMSI 30% |
| Life Sciences Tools & Services | 107 | -9.1% | -10.2% | -70.3% | NTRA 232% · AXGN 227% · MEDP 186% |
| Biotechnology ← | 364 | -26.5% | -33.1% | -81.8% | TRVI 1017% · DNTH 1008% · ELVN 1002% |
| Health Care Technology | 21 | -27.4% | -55.9% | -82.2% | VEEV -3% · DOCS -55% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 278.74 |
| Mkt Cap | 379.9 |
| Rev LTM | 64,040 |
| Op Inc LTM | 19,434 |
| FCF LTM | 11,337 |
| FCF 3Y Avg | 9,082 |
| CFO LTM | 16,454 |
| CFO 3Y Avg | 14,889 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.1% |
| Rev Chg 3Y Avg | 5.9% |
| Rev Chg Q | 9.5% |
| QoQ Delta Rev Chg LTM | 2.4% |
| Op Inc Chg LTM | 23.7% |
| Op Inc Chg 3Y Avg | 11.7% |
| Op Mgn LTM | 28.4% |
| Op Mgn 3Y Avg | 25.4% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 28.3% |
| CFO/Rev 3Y Avg | 27.1% |
| FCF/Rev LTM | 18.5% |
| FCF/Rev 3Y Avg | 20.6% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 |
|---|---|---|---|
| Research and development of novel therapeutics for patients, including the advancement of PALI-2108 | 0 | 0 | 0 |
| Total | 0 | 0 | 0 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Research and development of novel therapeutics for patients, including the advancement of PALI-2108 | 134 | 11 | 14 | 16 | 13 |
| Total | 134 | 11 | 14 | 16 | 13 |
Price Behavior
| Market Price | $1.12 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 02/23/2007 | |
| Distance from 52W High | -60.0% | |
| 50 Days | 200 Days | |
| DMA Price | $1.63 | $1.85 |
| DMA Trend | down | down |
| Distance from DMA | -31.5% | -39.4% |
| 3M | 1YR | |
| Volatility | 72.9% | 89.9% |
| Downside Capture | 453.40 | 213.52 |
| Upside Capture | 120.74 | 122.42 |
| Correlation (S&P 500) | 33.1% | 17.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.72 | 2.10 | 2.67 | 1.42 | 1.22 | 0.87 |
| Up Beta | -11.17 | 1.45 | 2.20 | 2.58 | 1.28 | 0.65 |
| Down Beta | 1.16 | -0.16 | 0.66 | 0.43 | -0.09 | 0.10 |
| Up Capture | 137% | 119% | 224% | 63% | 133% | 68% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 9 | 18 | 29 | 53 | 111 | 334 |
| Down Capture | 314% | 396% | 374% | 186% | 152% | 112% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 12 | 23 | 33 | 67 | 128 | 394 |
[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 PALI | |
|---|---|---|---|---|
| PALI | -42.4% | 89.9% | -0.21 | - |
| Sector ETF (XLV) | 29.7% | 16.4% | 1.39 | 9.6% |
| Equity (SPY) | 11.6% | 12.8% | 0.57 | 17.5% |
| Gold (GLD) | -2.3% | 28.6% | -0.09 | 7.2% |
| Commodities (DBC) | 43.1% | 20.9% | 1.60 | -1.2% |
| Real Estate (VNQ) | 11.0% | 13.7% | 0.50 | 3.5% |
| Bitcoin (BTCUSD) | -28.8% | 43.6% | -0.66 | 12.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PALI | |
|---|---|---|---|---|
| PALI | -77.9% | 145.6% | -0.41 | - |
| Sector ETF (XLV) | 8.6% | 15.3% | 0.37 | 8.4% |
| Equity (SPY) | 12.0% | 17.1% | 0.52 | 14.2% |
| Gold (GLD) | 16.5% | 19.0% | 0.69 | 3.9% |
| Commodities (DBC) | 8.4% | 19.6% | 0.31 | 2.6% |
| Real Estate (VNQ) | 1.1% | 18.9% | -0.05 | 10.3% |
| Bitcoin (BTCUSD) | 4.1% | 51.6% | 0.26 | 10.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PALI | |
|---|---|---|---|---|
| PALI | -71.7% | 140.1% | -0.31 | - |
| Sector ETF (XLV) | 12.1% | 16.8% | 0.59 | 9.2% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 11.7% |
| Gold (GLD) | 11.6% | 16.5% | 0.57 | 1.7% |
| Commodities (DBC) | 7.8% | 18.1% | 0.34 | 3.6% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.22 | 7.0% |
| Bitcoin (BTCUSD) | 61.7% | 66.3% | 1.01 | 7.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 9/11/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/10/2026 | 1.9% | 2.4% | -2.4% |
| 5/12/2026 | -2.6% | -5.7% | -7.3% |
| 3/27/2024 | 1.0% | -3.0% | 2.0% |
| 3/23/2021 | -6.6% | -17.2% | -20.7% |
| 11/16/2020 | -1.2% | 8.7% | 33.2% |
| SUMMARY STATS | |||
| # Positive | 2 | 2 | 2 |
| # Negative | 3 | 3 | 3 |
| Median Positive | 1.4% | 5.5% | 17.6% |
| Median Negative | -2.6% | -5.7% | -7.3% |
| Max Positive | 1.9% | 8.7% | 33.2% |
| Max Negative | -6.6% | -17.2% | -20.7% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/10/2026 | 1.9% | 2.4% | -2.4% |
| 5/12/2026 | -2.6% | -5.7% | -7.3% |
| 3/27/2024 | 1.0% | -3.0% | 2.0% |
| 3/23/2021 | -6.6% | -17.2% | -20.7% |
| 11/16/2020 | -1.2% | 8.7% | 33.2% |
| SUMMARY STATS | |||
| # Positive | 2 | 2 | 2 |
| # Negative | 3 | 3 | 3 |
| Median Positive | 1.4% | 5.5% | 17.6% |
| Median Negative | -2.6% | -5.7% | -7.3% |
| Max Positive | 1.9% | 8.7% | 33.2% |
| Max Negative | -6.6% | -17.2% | -20.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/10/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 03/20/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/11/2025 | 10-Q |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 03/24/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/12/2024 | 10-Q |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 03/26/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/22/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/10/2026 | 10-Q |
| 03/31/2026 | 05/12/2026 | 10-Q |
| 12/31/2025 | 03/20/2026 | 10-K |
| 09/30/2025 | 11/10/2025 | 10-Q |
| 06/30/2025 | 08/11/2025 | 10-Q |
| 03/31/2025 | 05/12/2025 | 10-Q |
| 12/31/2024 | 03/24/2025 | 10-K |
| 09/30/2024 | 11/12/2024 | 10-Q |
| 06/30/2024 | 08/12/2024 | 10-Q |
| 03/31/2024 | 05/13/2024 | 10-Q |
| 12/31/2023 | 03/26/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/10/2023 | 10-Q |
| 03/31/2023 | 05/11/2023 | 10-Q |
| 12/31/2022 | 03/22/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/13/2022 | 10-Q |
| 12/31/2021 | 03/17/2022 | 10-K |
| 09/30/2021 | 11/12/2021 | 10-Q |
| 06/30/2021 | 08/23/2021 | 10-Q |
Recent Forward Guidance
Updated 11/2/2026Latest: Q2 2026 Earnings Reported 8/10/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2027 Phase 2 ASCENTRA-CD trial commencement | Reported | Affirmed | Guidance: 0 for Q1 2027 | |||||
| 2026 Phase 2 ASCENTRA-UC trial commencement | Reported | Affirmed | Guidance: 0 for Q3 2026 | |||||
| 2026 Phase 2 ASCENTRA-CD IND submission | Reported | Affirmed | Guidance: 0 for 2026 | |||||
| 2027 Phase 2 ASCENTRA-UC primary efficacy readout | Reported | Affirmed | Guidance: 0 for 2027 | |||||
| 2028 Phase 2 ASCENTRA-CD primary efficacy readout | Reported | Affirmed | Guidance: 0 for 2028 | |||||
Insider Activity
Updated 10/21/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Williams, Donald Allen | Direct | Buy | 10052026 | 1.46 | 10,000 | 14,600 | 2,321,829 | Form | |
| 2 | Williams, Donald Allen | Direct | Buy | 10052026 | 1.42 | 10,000 | 14,200 | 2,244,017 | Form | |
| 3 | Baltera, Robert JR | Direct | Buy | 7082026 | 2.03 | 30,000 | 61,044 | 848,316 | Form | |
| 4 | Jones, Mitchell Lawrence | Chief Medical Officer | Direct | Sell | 7082026 | 2.05 | 51,880 | 106,536 | 193,047 | Form |
| 5 | Finley, John David | CEO, CFO | Direct | Sell | 7082026 | 2.07 | 146,798 | 303,343 | 449,556 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Williams, Donald Allen | Direct | Buy | 10052026 | 1.46 | 10,000 | 14,600 | 2,321,829 | Form | |
| 2 | Williams, Donald Allen | Direct | Buy | 10052026 | 1.42 | 10,000 | 14,200 | 2,244,017 | Form | |
| 3 | Baltera, Robert JR | Direct | Buy | 7082026 | 2.03 | 30,000 | 61,044 | 848,316 | Form | |
| 4 | Jones, Mitchell Lawrence | Chief Medical Officer | Direct | Sell | 7082026 | 2.05 | 51,880 | 106,536 | 193,047 | Form |
| 5 | Finley, John David | CEO, CFO | Direct | Sell | 7082026 | 2.07 | 146,798 | 303,343 | 449,556 | Form |
| 6 | Baltera, Robert JR | Direct | Buy | 7082026 | 2.05 | 20,000 | 41,040 | 793,927 | Form | |
| 7 | Baltera, Robert JR | Direct | Buy | 7062026 | 1.98 | 10,000 | 19,800 | 726,470 | Form | |
| 8 | Baltera, Robert JR | Direct | Buy | 7062026 | 1.98 | 20,000 | 39,600 | 706,670 | Form | |
| 9 | Jones, Mitchell Lawrence | Chief Medical Officer | Direct | Sell | 2132026 | 1.75 | 1,989 | 3,481 | 23,210 | Form |
| 10 | Finley, John David | CEO, CFO | Direct | Sell | 2132026 | 1.75 | 3,896 | 6,818 | 47,868 | Form |
| 11 | Williams, Donald Allen | Direct | Buy | 1212026 | 1.67 | 5,000 | 8,356 | 17,929 | Form | |
| 12 | Williams, Donald Allen | Direct | Buy | 1132026 | 1.88 | 5,000 | 9,400 | 10,769 | Form |
Investor Activity (13F)
Updated Nov 3, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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