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NUVBNuvation Bio Inc.
$5.71$2.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
NUVB logo

Nuvation Bio Inc.

NUVB
NYSE · Biotechnology
$5.71
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$1.98B
P/E-9.5x
52W High$9.75
Volume4.6M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Milestone Revenue Masks Debt-Fueled Cash Runway

Nuvation Bio's recent $31.7M revenue quarter and 97.1% gross margin are driven by milestone payments, not sustainable product sales, as evidenced by the 699% YoY spike from a negligible base. The company's strategic acquisition of AnHeart has introduced $252.1...

GrowthMixed
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

NUVB 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

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-124% Peers

P/E is 124% below peer median

03

Market leadership

RS 68 · Avg

Average momentum (RS Rating: 68)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 6

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
NUVB-33.45%
S&P 500 (^GSPC)+12.39%
1-Year Return
NUVB+77.33%
S&P 500 (^GSPC)+15.77%
3-Year Return
NUVB+307.86%
S&P 500 (^GSPC)+51.04%
5-Year Return
NUVB-39.89%
S&P 500 (^GSPC)+60.52%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E
-9.5x
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
-9.5x
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$0.24-95.8%
Base (Fair)$14.41+146.3%
Bull$0.20-96.5%
$0.24 Bear$14.41 Base$0.20 Bull
Current Market Price: $5.71
Trades at a 60.4% discount to Base DCF ($14.41)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$63M+699.0% YoY
Net income
-$205M+64.0% YoY
Free cash flow
-$174M-33.1% YoY
Operating margin
-338.7%+7188.6 pts YoY
ROIC (TTM)-54.3%
Avg ROIC 5Y-
ROE (TTM)-53.2%
Piotroski Score4 / 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 Rate5/12 (42%)
Revenue Beat Rate6/12 (86%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
-$0.15-5.9%
vs -$0.14
$32M+17.2%
vs $27M
Q2 2026
May 4, 2026
$0.01+135.7%
vs -$0.03
$83M+25.7%
vs $66M
Q2 2026
Mar 2, 2026
-$0.11+0.0%
vs -$0.11
$42M+10.7%
vs $38M
Q4 2025
Nov 3, 2025
-$0.16+5.9%
vs -$0.17
$13M-64.4%
vs $37M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
PRNewsWire·6d ago
Nuvation Bio Announces FDA Approval of Supplemental New Drug Application for IBTROZI® (taletrectinib) with Updated Duration of Response in TKI-Naïve Advanced ROS1-Positive Non-Small Cell Lung Cancer

Updated label reflects TRUST-I TKI-naïve median duration of response of nearly 50 months No changes to the safety sections of labeling with longer follow-up and no new safety signals identified Approval comes four months ahead of PDUFA date NEW YORK, Sept. 16, 2026 /PRNewswire/ -- Nuvation Bio Inc. (NYSE: NUVB), a global oncology company focused on tackling some of the toughest challenges in cancer treatment, today announced that the U.S. Food and Drug Administration (FDA) has approved a supplemental New Drug Application (sNDA) for IBTROZI® (taletrectinib), a ROS1 inhibitor approved for the treatment of locally advanced or metastatic ROS1-positive (ROS1+) non-small cell lung cancer (NSCLC).

Seeking Alpha·Sep 15, 2026
Nuvation Bio Inc. (NUVB) Presents at 12th Annual Cantor Fitzgerald Global Healthcare Conference Transcript

Nuvation Bio Inc. (NUVB) Presents at 12th Annual Cantor Fitzgerald Global Healthcare Conference Transcript

PRNewsWire·Sep 15, 2026
Nuvation Bio Announces New Analyses Reinforcing the Durable, Consistent Efficacy of IBTROZI® (taletrectinib) Across Key Patient Subgroups in Advanced ROS1+ NSCLC at 2026 World Conference on Lung Cancer

Long-term pooled data from the pivotal TRUST-I and TRUST-II studies showed similar efficacy, including duration of response and progression-free survival, between CD74 and non-CD74 ROS1 fusion-partner subgroups Among patients who received IBTROZI after prior chemotherapy, response rates remained consistent, offering reassurance for patients who begin chemotherapy before a ROS1 fusion is identified NEW YORK, Sept. 15, 2026 /PRNewswire/ -- Nuvation Bio Inc. (NYSE: NUVB), a global oncology company focused on tackling some of the toughest challenges in cancer treatment, today announced new subgroup analyses from the pivotal TRUST-I and TRUST-II studies evaluating IBTROZI® (taletrectinib) in both TKI- naïve and TKI-pretreated patients with advanced ROS1-positive (ROS1+) non-small cell lung cancer (NSCLC).

Seeking Alpha·Sep 9, 2026
Nuvation Bio Inc. (NUVB) Presents at Citigroup's Biopharma Back to School Summit 2026 Transcript

Nuvation Bio Inc. (NUVB) Presents at Citigroup's Biopharma Back to School Summit 2026 Transcript

Filtered for Nuvation Bio Inc.More Headlines
04

Compare before deciding

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

Peers Comparison

Key metrics vs top competitors for Nuvation Bio Inc. (NUVB)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NUVB logoNUVBNuvation Bio Inc.Current
$5.71$1.98B-9.52698.96%-325.31%-53.18%—
KYMR logoKYMRKymera Therapeutics, Inc.
$115.47$9.5B-31.29-16.72%-285.41%-21.5%—
TPST logoTPSTTempest Therapeutics, Inc.
$0.92$14.04M-0.15——-1270.11%—
PRAX logoPRAXPraxis Precision Medicines, Inc.
$282.12$7.87B-20.93-100%—-34.15%—
RVMD logoRVMDRevolution Medicines, Inc.
$190.74$40.55B-32.06——-96.44%—
AUPH logoAUPHAurinia Pharmaceuticals Inc.
$16.40$2.11B7.9220.38%100.84%59%—

Compare NUVB vs Peers

Nuvation Bio Inc. (NUVB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KYMR

Most directly comparable listed peer for NUVB.

Scale Benchmark

vs RVMD

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

Peer Set

Compare Top 5

vs KYMR, TPST, PRAX, RVMD

05

Keep researching

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

NUVB SEC Filings & Documents

Nuvation Bio Inc. (NUVB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

Jul 6, 2026·SEC

Material company update

Jun 30, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 6, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 4, 2026·SEC

FY 2025

Nov 3, 2025·SEC

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NUVB Frequently Asked Questions

Nuvation Bio Inc. (NUVB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Nuvation Bio Inc.'s revenue?

Nuvation Bio Inc. (NUVB) reported $169.9M in revenue for fiscal year 2025.

How fast is Nuvation Bio Inc. growing?

Nuvation Bio Inc. (NUVB) grew revenue by 699.0% over the past year. This is strong growth.

Is NUVB profitable?

Nuvation Bio Inc. (NUVB) reported a net loss of $149.8M for fiscal year 2025.

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

Nuvation Bio Inc. (NUVB) has a return on equity (ROE) of -53.2%. Negative ROE indicates the company is unprofitable.

What is Nuvation Bio Inc.'s free cash flow?

Nuvation Bio Inc. (NUVB) had negative free cash flow of $82.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in NUVB back in 2018?

Total return calculator · dividends reinvested · 8+ years of data

See returns →