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CLDXCelldex Therapeutics, Inc.
$31.12$2.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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CLDX logo

Celldex Therapeutics, Inc.

CLDX
NASDAQ · Biotechnology
$31.12
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$2.07B
P/E-8.0x
52W High$45.14
Volume4.22M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Phase 3 Burn Accelerates Cash Runway Risk

Celldex is a clinical-stage biotech advancing barzolvolimab through Phase 3, with R&D spending nearly doubling from $30.9M in 2024Q1 to $67.5M in 2026Q2. The company has no product revenue, and its cash position of $47.5M covers less than one quarter of operat...

GrowthContracting
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

CLDX price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-123% Peers

P/E is 123% below peer median

03

Market leadership

RS 82 · Leader

High momentum (Outperforming 82% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 9

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CLDX+15.22%
S&P 500 (^GSPC)+12.39%
1-Year Return
CLDX+28.44%
S&P 500 (^GSPC)+15.77%
3-Year Return
CLDX+20.43%
S&P 500 (^GSPC)+63.88%
5-Year Return
CLDX-44.42%
S&P 500 (^GSPC)+59.11%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-8.0x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-8.0x
N/A
N/A
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$0.39-98.7%
Base (Fair)$42.47+11.1%
Bull$0.39-98.7%
$0.39 Bear$42.47 Base$0.39 Bull
Current Market Price: $31.12
Trades at a 26.7% discount to Base DCF ($42.47)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2M-78.6% YoY
Net income
-$259M-63.9% YoY
Free cash flow
-$214M-33.8% YoY
Operating margin
-19160%-16381.1 pts YoY
ROIC (TTM)-35.2%
Avg ROIC 5Y-
ROE (TTM)-40.6%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate5/12 (45%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
-$0.94+11.3%
vs -$1.06
$22,000-97.0%
vs $734,917
Q2 2026
May 7, 2026
-$1.18-2.9%
vs -$1.15
$15,000-98.1%
vs $795,364
Q1 2026
Feb 25, 2026
-$1.22-22.0%
vs -$1.00
$100,000-92.4%
vs $1M
Q4 2025
Nov 10, 2025
-$1.01-14.8%
vs -$0.88
—
vs $985,818
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·6d ago
Engineers Gate Manager LP Takes $1.26 Million Position in Celldex Therapeutics, Inc. $CLDX

Engineers Gate Manager LP acquired a new stake in Celldex Therapeutics, Inc. (NASDAQ: CLDX) in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 33,842 shares of the biopharmaceutical company's stock, valued at approximately $1,259,000. A number of other institutional investors have

Defense World·Sep 17, 2026
Head-To-Head Comparison: Precigen (NASDAQ:PGEN) and Celldex Therapeutics (NASDAQ:CLDX)

Celldex Therapeutics (NASDAQ: CLDX - Get Free Report) and Precigen (NASDAQ: PGEN - Get Free Report) are both mid-cap healthcare companies, but which is the superior stock? We will contrast the two businesses based on the strength of their earnings, dividends, institutional ownership, risk, profitability, analyst recommendations and valuation. Profitability This table compares Celldex Therapeutics and Precigen's

Defense World·Sep 16, 2026
Seres Therapeutics (NASDAQ:MCRB) and Celldex Therapeutics (NASDAQ:CLDX) Head to Head Review

Celldex Therapeutics (NASDAQ: CLDX - Get Free Report) and Seres Therapeutics (NASDAQ: MCRB - Get Free Report) are both healthcare companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk. Profitability This table compares Celldex Therapeutics and Seres

GlobeNewsWire·Sep 8, 2026
Celldex to Present at Upcoming Investor Conference

HAMPTON, N.J., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Celldex (NASDAQ:CLDX) announced today that management will participate in a fireside chat at the upcoming Cantor Global Healthcare Conference on September 10, 2026 at 8:00am ET.

Filtered for Celldex Therapeutics, Inc.More Headlines
04

Compare before deciding

Benchmark CLDX against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Celldex Therapeutics, Inc. (CLDX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CLDX logoCLDXCelldex Therapeutics, Inc.Current
$31.12$2.07B-7.98-78.63%-17253.33%-40.62%—
IMVT logoIMVTImmunovant, Inc.
$34.54$7.13B-12.47—-7585.86%-69.59%—
ARDX logoARDXArdelyx, Inc.
$3.48$859.66M-13.3822.09%-12.35%-36%—
RCUS logoRCUSArcus Biosciences, Inc.
$26.39$3.32B-8.02-4.26%-386.32%-87.98%—
KYMR logoKYMRKymera Therapeutics, Inc.
$115.47$9.5B-31.29-16.72%-285.41%-21.5%—
NKTR logoNKTRNektar Therapeutics
$57.66$1.91B-5.93-43.89%-287.84%-37.99%—

Compare CLDX vs Peers

Celldex Therapeutics, Inc. (CLDX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IMVT

Most directly comparable listed peer for CLDX.

Scale Benchmark

vs LLY

Larger-name benchmark to compare CLDX against a more recognizable public peer.

Peer Set

Compare Top 5

vs IMVT, ARDX, RCUS, KYMR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CLDX SEC Filings & Documents

Celldex Therapeutics, Inc. (CLDX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jul 15, 2026·SEC

Material company update

Jun 26, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 25, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 26, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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CLDX Frequently Asked Questions

Celldex Therapeutics, Inc. (CLDX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Celldex Therapeutics, Inc.'s revenue?

Celldex Therapeutics, Inc. (CLDX) reported $0.1M in revenue for fiscal year 2025. This represents a 90% decrease from $1.1M in 1996.

How fast is Celldex Therapeutics, Inc. growing?

Celldex Therapeutics, Inc. (CLDX) saw revenue decline by 78.6% over the past year.

Is CLDX profitable?

Celldex Therapeutics, Inc. (CLDX) reported a net loss of $300.6M for fiscal year 2025.

Dividend & Returns
What is CLDX's return on equity?

Celldex Therapeutics, Inc. (CLDX) has a return on equity (ROE) of -40.6%. Negative ROE indicates the company is unprofitable.

What is Celldex Therapeutics, Inc.'s free cash flow?

Celldex Therapeutics, Inc. (CLDX) had negative free cash flow of $241.8M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CLDX back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →