Nuvalent, Inc. logo NUVL - Nuvalent, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 14
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $189.00 DETAILS
HIGH: $189.00
LOW: $189.00
MEDIAN: $189.00
CONSENSUS: $189.00
UPSIDE: 85.08%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cost of Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses
R&D Expenses 83.6 67.8 83.8 80.9 74.4 69.4 60.6 49.2 38.6 35.6 29.6 25.9 22.1 22.9 14.6 13.6 12.7 13.2 9.1 7.8 5.5 4.7 3.7 3.7 3.3
SG&A Expenses 35.8 34.4 28.9 23.7 20.4 16.9 15.8 16.0 14.0 10.9 9.2 8.1 8.1 6.4 5.8 5.2 5.0 4.2 3.4 2.0 0.7 0.5 0.3 0.3 0.3
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0 0 0 0 0
Operating Expenses 119.4 102.2 112.7 104.6 94.8 86.3 76.3 65.2 52.6 46.4 38.8 34.1 30.2 29.3 20.4 18.7 17.7 17.4 12.4 9.8 6.2 5.2 4.0 4.0 3.6
Operating Income
Operating Income (119.4) (102.2) (112.7) (104.6) (94.8) (86.3) (76.3) (65.2) (52.6) (46.4) (38.8) (34.1) (30.2) (29.3) (20.4) (18.7) (17.7) (17.4) (12.4) (9.8) (6.2) (5.2) (4.0) (4.0) (3.6)
Interest Expense 12.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 20.8 10.2 11.1 11.8 13.0 8.6 8.2 8.5 8.1 5.1 5.0 5.0 0 0.7 0.3 0 0 0 0 0 0 0 0 0
Profitability
EBITDA (119.4) (16.3) (122.3) (104.6) (94.8) (86.3) (76.3) (65.2) (52.6) (46.4) (38.8) (34.1) (30.2) (29.3) (20.4) (18.7) (17.7) (17.4) (12.4) (9.8) (6.2) (5.2) (4.0) (4.0) (3.6)
EBIT (119.4) (118.6) (122.3) (104.6) (94.8) (86.3) (76.3) (65.2) (52.6) (46.4) (38.8) (34.1) (30.2) (29.3) (20.4) (18.7) (17.7) (17.4) (12.4) (9.8) (6.2) (5.2) (4.0) (4.0) (3.6)
Income Before Tax (109.1) (118.6) (122.3) (99.5) (84.4) (74.6) (84.3) (57.0) (44.1) (38.3) (33.6) (29.1) (25.2) (26.1) (19.7) (18.5) (17.5) (17.3) (12.4) (9.8) (6.8) (6.6) (4.8) (8.6) 5.4
Income Tax Expense 0.2 0.2 0.1 0.1 0.2 0.2 0.0 0.2 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income (109.3) (118.7) (122.4) (99.7) (84.6) (74.8) (84.3) (57.2) (44.5) (38.3) (33.6) (29.1) (25.2) (26.1) (19.7) (18.5) (17.5) (17.3) (12.4) (9.8) (6.8) (6.6) (4.8) (8.6) 5.4
Per Share Data
EPS (Basic) -1.39 -1.58 -1.70 -1.39 -1.18 -1.05 -1.28 -0.88 -0.69 -0.62 -0.59 -0.51 -0.44 -0.49 -0.39 -0.38 -0.36 -0.36 -0.39 -0.21 -0.30 -0.29 -0.21 -0.37 0.04
EPS (Diluted) -1.39 -1.58 -1.70 -1.39 -1.18 -1.05 -1.28 -0.88 -0.69 -0.62 -0.59 -0.51 -0.44 -0.49 -0.39 -0.38 -0.36 -0.36 -0.39 -0.21 -0.30 -0.29 -0.21 -0.37 0.04
Shares Outstanding 78.7 75.1 72.1 71.8 71.6 71.2 65.7 64.6 64.2 62.2 57.1 56.9 56.7 53.6 48.4 48.3 48.3 48.3 32.1 46.0 22.9 22.9 22.9 22.9 22.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q1
Current Assets
Cash & Cash Equivalents 159.7 261.7 115.8 127.5 120.8 145.7 369.2 77.7 98.5 335.4 88.4 70.9 90.1 241.8 76.3 75.9 67.3 68.5 245.9 138.9 14.4 10.3 (3.0)
Short-Term Investments 1,127.7 1,110.2 827.4 878.1 952.4 972.6 799.1 580.3 593.3 384.5 324.8 360.4 360.3 230.4 163.8 181.0 205.5 219.6 56.5 0 0 0 6.0
Net Receivables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 20.5 0 13.8 14.0 13.3 14.1 11.4 8.3 7.7 6.6 6.5 5.8 5.8 5.8 5.2 1.9 1.7 2.5 2.7 0.4 0.4 0.3 0
Total Current Assets 1,307.9 1,392.4 956.9 1,019.6 1,086.6 1,132.4 1,179.7 666.3 699.5 726.5 419.8 437.0 456.3 478.0 245.2 258.8 274.5 290.6 305.1 139.3 14.8 10.6 3.0
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 23.2 20.3 23.0 20.9 19.3 9.3 9.2 9.0 9.0 5.9 5.3 5.0 4.7 4.5 4.3 4.2 2.6 3.2 2.8 4.2 0.5 0 (3.0)
Total Non-Current Assets 23.2 20.3 23.0 20.9 19.3 9.3 9.2 9.0 9.0 5.9 5.3 5.0 4.7 4.5 4.3 4.2 2.6 3.2 2.8 4.2 0.5 0 (3.0)
Total Assets 1,331.1 1,412.7 979.9 1,040.5 1,105.8 1,141.8 1,188.9 675.2 708.5 732.4 425.1 441.9 461.0 482.5 249.6 263.0 277.0 293.8 308.0 143.5 15.2 10.6 0
Current Liabilities
Account Payables 22.1 30.2 22.0 13.3 26.2 5.2 15.9 7.4 13.4 9.3 9.8 8.1 6.4 7.2 4.6 4.0 4.2 2.9 2.5 3.8 1.4 1.3 0
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 58.9 0 67.1 7.8 5.0 10.5 35.2 25.9 17.1 15.2 13.0 9.6 8.5 7.4 5.3 4.0 2.7 3.2 2.6 1.3 1.3 2.6 0
Total Current Liabilities 81.1 91.2 89.2 75.1 75.0 54.0 51.1 38.2 33.4 31.8 29.1 20.8 17.0 19.5 13.0 10.0 8.1 8.8 6.8 5.8 3.1 4.4 0
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.2 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 75.7 73.2 45.4 25.7 19.7 17.9 16.6 0 0 0 0 0 0 0 0 0 0 0 0 185.4 0 35.4 0
Total Non-Current Liabilities 75.7 73.2 45.4 25.7 19.7 17.9 16.6 0 0 0 0 0 0 0 0 0 0 0 0 185.4 0 37.6 0
Total Liabilities 156.8 164.4 134.5 100.8 94.7 72.0 67.7 38.2 33.4 31.8 29.1 20.8 17.0 19.5 13.0 10.0 8.1 8.8 6.8 191.2 3.1 42.0 0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0.0 0 0
Retained Earnings (1,081.7) (972.4) (853.7) (731.3) (631.6) (547.1) (472.3) (387.9) (330.8) (286.3) (248.0) (214.4) (185.3) (160.1) (134.0) (114.2) (95.8) (78.2) (60.9) (48.5) (38.7) (31.9) 0
Accumulated Other Comprehensive Income (1.4) 2.4 2.4 1.4 0.9 (0.1) 1.4 (1.6) (1.3) 0.0 (1.3) (1.5) (0.3) (0.5) (0.9) (1.1) (1.0) (0.2) (0.0) 0 0 (0.3) (17.3)
Total Stockholders' Equity 1,174.4 1,248.3 845.4 939.7 1,011.1 1,069.8 1,121.1 637.0 675.0 700.6 396.0 421.2 444.0 463.0 236.6 253.0 268.9 285.0 301.1 (47.7) 12.1 (31.3) (3.2)
Total Liabilities & Equity 1,331.1 1,412.7 979.9 1,040.5 1,105.8 1,141.8 1,188.9 675.2 708.5 732.4 425.1 441.9 461.0 482.5 249.6 263.0 277.0 293.8 308.0 143.5 15.2 10.6 (3.2)
Debt Metrics
Total Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.2 0
Net Debt (159.7) (261.7) (115.8) (127.5) (120.8) (145.7) (369.2) (77.7) (98.5) (335.4) (88.4) (70.9) (90.1) (241.8) (76.3) (75.9) (67.3) (68.5) (245.9) (138.9) (14.4) (8.1) 3.0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income (109.3) (118.7) (122.4) (99.7) (84.6) (74.8) (84.3) (57.2) (44.5) (38.3) (33.6) (29.1) (25.2) (26.1) (19.7) (18.5) (17.5) (17.3) (12.4) (9.8) (6.8) (6.6) (4.8) (8.6) 5.4
Depreciation & Amortization 0 0 0 0 0 0 0 0 0 2.5 0 0 (2.5) (0.8) 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 0 0 0 22.1 20.4 16.1 15.5 15.1 13.9 7.5 6.9 5.8 5.4 3.0 2.7 2.4 2.2 1.4 1.4 0.7 0.1 0.0 0.0 0.0 0.6
Change in Working Capital (12.9) (2.5) 11.9 (2.5) 12.2 0.2 9.4 4.3 (2.1) 2.7 6.4 4.0 (2.1) 6.2 (1.1) 0.4 1.5 2.7 (0.3) (0.6) 0.2 0.2 (0.1) 1.0 0.0
Other Non-Cash Items 29.7 47.9 40.0 3.4 (2.8) (3.6) 13.7 (3.4) (3.4) (4.6) (2.6) (2.8) 3.5 0.0 (0.0) 0.2 0.3 0.2 0.0 (0.0) 0.6 1.4 0.7 4.5 (9.0)
Operating Cash Flow (92.4) (73.3) (70.5) (76.6) (54.8) (62) (45.8) (41.2) (36.1) (30.2) (23.0) (22.1) (24.4) (17.8) (18.2) (15.5) (13.5) (13.0) (11.4) (9.7) (5.9) (4.9) (4.1) (2.9) (3.0)
Investing Activities
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (201.0) (444.0) (178.5) (158.1) (277.2) (312.5) (340.6) (88.8) (283.0) (166.7) (23.2) (81.6) (187.9) (162.6) (19.6) (16.8) (13.9) (164.5) (56.6) 0 0 0 0 0 0
Sales/Maturities of Investments 181.5 163.1 232.4 235.6 302.6 142.4 127.7 105.0 76.2 110.5 61.6 83.2 60.7 97.2 37.1 40.9 27 1.0 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0.0 (0.1) (0.1) 0 0 0 0 0 0 0 0 0 0 0
Investing Cash Flow (19.4) (280.9) 54.0 77.5 25.4 (170.0) (212.9) 16.2 (206.8) (56.3) 38.4 1.6 (127.3) (65.4) 17.6 24.1 13.1 (163.5) (56.6) 0 0 0 0 0 0
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.6) (0.1) 134.7 0 0 0 (0.2) 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 0 0 (0.0) (0.3) (0.2) (0.2) (0.5) (0.6) 0.8 (0.4) (0.5) 0.0 0.6 (0.2) (0.8) 0 0 0 0 0.0 0 0 0
Financing Cash Flow 9.8 500.3 4.8 5.8 4.5 8.5 550.3 4.1 6.0 333.4 2.1 1.3 (0.0) 248.7 1.0 0.0 (0.8) (0.9) 174.9 134.2 10 0.0 10 (0.2) 12.5
Cash Position
Net Change in Cash (102.0) 146.0 (11.7) 6.6 (24.9) (223.6) 291.5 (20.8) (236.9) 247.0 17.6 (19.2) (151.7) 165.5 0.4 8.6 (1.3) (177.4) 107.0 124.5 4.1 (4.9) 5.9 (3.2) 9.5
Cash at Beginning 261.7 115.8 127.5 120.8 145.7 369.2 77.7 98.5 335.4 88.4 70.9 90.1 241.8 76.3 75.9 67.3 68.5 245.9 138.9 14.4 10.3 15.3 9.3 12.5 3.0
Cash at End 159.7 261.7 115.8 127.5 120.8 145.7 369.2 77.7 98.5 335.4 88.4 70.9 90.1 241.8 76.3 75.9 67.3 68.5 245.9 138.9 14.4 10.3 15.3 9.3 12.5
Free Cash Flow (92.4) (73.3) (70.5) (76.6) (54.8) (62) (45.8) (41.2) (36.1) (30.2) (23.0) (22.1) (24.4) (17.8) (18.2) (15.5) (13.5) (13.0) (11.4) (9.7) (5.9) (4.9) (4.1) (2.9) (3.0)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income (119.4) (102.2) (112.7) (104.6) (94.8) (86.3) (76.3) (65.2) (52.6) (46.4) (38.8) (34.1) (30.2) (29.3) (20.4) (18.7) (17.7) (17.4) (12.4) (9.8) (6.2) (5.2) (4.0) (4.0) (3.6)
Net Income (109.3) (118.7) (122.4) (99.7) (84.6) (74.8) (84.3) (57.2) (44.5) (38.3) (33.6) (29.1) (25.2) (26.1) (19.7) (18.5) (17.5) (17.3) (12.4) (9.8) (6.8) (6.6) (4.8) (8.6) 5.4
EPS (Diluted) -1.39 -1.58 -1.70 -1.39 -1.18 -1.05 -1.28 -0.88 -0.69 -0.62 -0.59 -0.51 -0.44 -0.49 -0.39 -0.38 -0.36 -0.36 -0.39 -0.21 -0.30 -0.29 -0.21 -0.37 0.04
Balance Sheet
Cash & Equivalents 159.7 261.7 115.8 127.5 120.8 145.7 369.2 77.7 98.5 335.4 88.4 70.9 90.1 241.8 76.3 75.9 67.3 68.5 245.9 138.9 14.4 10.3 (3.0)
Total Assets 1,331.1 1,412.7 979.9 1,040.5 1,105.8 1,141.8 1,188.9 675.2 708.5 732.4 425.1 441.9 461.0 482.5 249.6 263.0 277.0 293.8 308.0 143.5 15.2 10.6 0
Total Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.2 0
Stockholders' Equity 1,174.4 1,248.3 845.4 939.7 1,011.1 1,069.8 1,121.1 637.0 675.0 700.6 396.0 421.2 444.0 463.0 236.6 253.0 268.9 285.0 301.1 (47.7) 12.1 (31.3) (3.2)
Cash Flow
Operating Cash Flow (92.4) (73.3) (70.5) (76.6) (54.8) (62) (45.8) (41.2) (36.1) (30.2) (23.0) (22.1) (24.4) (17.8) (18.2) (15.5) (13.5) (13.0) (11.4) (9.7) (5.9) (4.9) (4.1) (2.9) (3.0)
Capital Expenditure 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Free Cash Flow (92.4) (73.3) (70.5) (76.6) (54.8) (62) (45.8) (41.2) (36.1) (30.2) (23.0) (22.1) (24.4) (17.8) (18.2) (15.5) (13.5) (13.0) (11.4) (9.7) (5.9) (4.9) (4.1) (2.9) (3.0)