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CytoDyn (CYDY) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

CytoDyn
OTC Markets OTCQB•Healthcare•Biotechnology
$0.21-0.01(-0.05%)After hours
Market Cap
$317.91M

CytoDyn Inc., a clinical-stage biotechnology company, develops treatments for multiple therapeutic indications. The company develops leronlimab, a novel humanized monoclonal antibody targeting the C-C chemokine receptor type 5 receptor in the areas of COVID-19. Its leronlimab completed phase 2 development for the treatment of micro-satellite stable colorectal cancer, and solid tumors in oncology, such as metastatic triple-negative breast cancer. The company was formerly known as RexRay Corporation. CytoDyn Inc. was incorporated in 2002 and is based in Vancouver, Washington.

D

How this company scores

WeakMetricSide Score: 22/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Balance Sheet & Red Flags (8/25); weakest: Cash & Earnings Quality (4/25).

Profitability4/25
Growth6/25
Balance Sheet & Red Flags8/25
Cash & Earnings Quality4/25
Grade capped at D
  • Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 112.4x5y range 112.4x – 112.4x
P/E 112.4x
P/S · 1855.8x5y range 1.3x – 2939.4x
P/S 1855.8x · above its 4-quarter median

Currently above its 4-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume
Market Cap $317.91M

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$0
Q. Revenue
$0
TTM EBITDA
$-40.17M
5Q
TTM Op. Income
$-40.21M
5Q
Q. Op. Income
$-6.58M
33%
TTM Net Income
$-57.09M
2Q
Q. Net Income
$-19.94M
2Q
EPS
$-0.01
2Q
Shares Out.
$1.38B
7Q
$0 in TTM revenue was flat at zero YoY, reaching $0 last quarter. TTM EBITDA of $-40.17M and TTM operating income of $-40.21M show growth is flowing through to the bottom line. However, net income is negative at $57.09M — growth is not yet reaching the bottom line.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin
N/A
Op. Margin
-657700000.0%
33%
Net Margin
-1993600000.0%
2Q
Op. margin of -657700000.0% is down 163200000.0% YoY — costs are rising relative to revenue. Net margin at -1993600000.0% Over the past year, operating margin is down 33% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
N/A
P/B Ratio
N/A
P/S of 0.0x and P/B of 0.0x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$19.05M
41%
Cash
$16.36M
75%
Long-Term Debt
$35.81M
7Q
Book Value
$-98.07M
1%
D/E Ratio
N/A
Debt/EBITDA
N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-7.73M
215%
TTM Free Cash Flow
$-22.53M
35%
FCF Margin
N/A
FCF / Net Income
0.4
2Q
TTM FCF of $-22.53M on $-7.73M in operating cash flow. The FCF / Net Income ratio of 0.4x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is down 35% — a weakening trend.

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Cash Burn

Red Flag

The last 8 consecutive quarters had negative FCF — the company is burning cash and may need external funding.

Share Dilution

Red Flag

Shares outstanding increased 13.2% — significant dilution, likely from stock compensation or capital raises.