CRISPR Therapeutics AG (CRSP)
Valor JustoFundamental
27
Preço
$55.84
Capitalização de Mercado
$5.39B
Parte 1 · Quanto vale a empresa
Visão Geral
CRISPR Therapeutics develops medicines based on gene editing — cutting and correcting DNA directly inside cells rather than treating symptoms with a conventional drug. Its lead product, Casgevy, a one-time treatment for sickle cell disease and beta thalassemia, is approved and sold by its partner Vertex Pharmaceuticals. Beyond Casgevy, the company runs its own pipeline of experimental gene-edited cell therapies and in-vivo editing programmes aimed at cardiovascular, metabolic, autoimmune, oncology and other rare diseases.
Como gera receita
CRISPR Therapeutics earns most of its money not from selling a product itself, but from its share of Casgevy's profits and losses under a 60/40 arrangement with Vertex, which manufactures, markets and books the product's own commercial revenue. The company also collects upfront and milestone payments from research collaborations. Its own pipeline programmes are pre-revenue and consume cash through clinical trials, so overall revenue is small, uneven, and depends on Vertex's commercial execution rather than on sales the company controls directly.
Principais riscos
- Early-stage gene editing technology and clinical trial risk — The company states that CRISPR/Cas9 gene editing is a relatively new technology with a limited history of clinical trials, making it hard to predict how long or how much it will cost to develop new product candidates, or whether past trial results will be repeated in future studies.
- Regulatory caution toward gene therapy — The company states that regulators including the FDA and EMA have shown caution toward gene therapy, and that ethical and legal concerns could lead to additional restrictions on developing or commercializing its product candidates.
- Dependence on Vertex for Casgevy — Vertex leads global development, manufacturing and commercialization of Casgevy and books its revenue directly, sharing program costs and profits 60/40 with CRISPR Therapeutics, which does not control the pace or quality of the product's commercial rollout.
- Intellectual property uncertainty — The company states it faces uncertainty over intellectual property protection for its gene editing technology, including third-party patent rights relevant to CRISPR/Cas9 that have been the subject of ongoing interference proceedings.
Concentração de clientes
The company does not report a numeric customer split, but structurally almost all near-term revenue depends on a single partner, Vertex, which leads Casgevy's global development, manufacturing and commercialization.
Os argumentos a favor
Buyers argue that Casgevy's approval validates CRISPR Therapeutics' gene editing platform commercially, that its cash position of nearly $2 billion funds a broad pipeline of in-vivo and cell-therapy programmes without near-term financing risk, and that success in any one of several disease areas could open a large new market.
Os argumentos contra
Sellers worry that Casgevy revenue is small and controlled by Vertex rather than by CRISPR Therapeutics itself, that gene editing remains a young technology regulators treat cautiously, and that the pipeline behind Casgevy is still pre-revenue and could consume cash for years before any of it reaches the market, if it ever does.
Written by the editors, published on 18 de agosto de 2026
Direct competitors
Who this company fights with for the same customers
Generated on 18 de setembro de 2026 with claude-haiku-4-5 — shared with all users
The closest peer on CRISPR/Cas9 medicine: both companies are building in vivo, lipid-nanoparticle-delivered gene-editing therapies for rare and cardiovascular diseases, competing for the same patients, trial sites and pharma partnerships.
Beam's base-editing therapy for sickle cell disease targets exactly the patient population CRISPR Therapeutics addresses with Casgevy, and both also pursue liver-directed in vivo editing.
Editas develops gene-editing therapies that raise fetal haemoglobin in blood stem cells — the same biological mechanism and the same sickle cell and beta-thalassaemia market Casgevy serves.
Its approved therapy Lyfgenia is the only other one-time genetic medicine for sickle cell disease on the US market, so it competes with Casgevy patient by patient at the same treatment centres.
Caribou builds gene-edited, off-the-shelf allogeneic CAR-T cell therapies for blood cancers and autoimmune disease — the same field as CRISPR Therapeutics' allogeneic CAR-T programmes.
Prime Medicine's prime-editing platform chases the same genetic diseases with a rival editing technology, competing for the same future patients and for partner and investor capital.
Balanço & Liquidez
Receita
$13M
Últimos 12 meses (até 30/06/2026)
Resultado Líquido
$-451M
Últimos 12 meses (até 30/06/2026)
Fluxo de Caixa Livre
$-346M
Capital Próprio Total
$1.92B
Passivo Total
$343M
Rácio de Liquidez
17.85
Cobertura de Juros
-
Dívida/EBITDA
-
Resultados Por Ação
Receita & Resultado Líquido
Fluxo de Caixa Livre
Decomposição dos Resultados
Demonstração histórica
Margens ao longo do tempo
A dívida ao longo do tempo
Quanto pesa a dívida
Grelha do crescimento
Crescimento — Receitas
Estimativa de Valor Justo
Valor Justo
$65.80
Preço Atual
$55.84
Margem de Segurança
+15.1%
Intervalo de Valor Justo
$42.77 - $88.83
Dispersão entre os métodos de avaliação utilizados, não um intervalo de confiança calibrado estatisticamente.
Métodos de Estimativa
Métricas de Avaliação
Rácio P/E
-
ROE
-30.3%
Rácio P/B
3.06
P/FCF
-
Margem Bruta
-
ROIC
-16.8%
Radar de Rentabilidade
Criação de Valor (Vantagem Competitiva)
ROIC
-16.8%
WACC
13.2%
ROIC − WACC
-30.0 pp
O ROIC está abaixo do custo do capital — a empresa está a destruir valor a cada dólar investido.
Critérios de Análise Fundamental
Aprovado (7)
- Price CAGR 10.66%
- Debt/Equity ratio
- Current Ratio
- Low reliance on intangibles
- Revenue Growth 5Y 38.0%
- Analyst Consensus 61% Buy
- Earnings Surprise avg 3.3%
Reprovado (11)
- EPS shows upward trend
- ROIC -16.8%
- P/B Ratio 3.06
- Operating Margin -3990.0%
- Positive Free Cash Flow
- Return on Tangible Assets
- DCF valuation (Overvalued)
- ROE -24.4%
- Share Dilution 6.5%
- Net Margin Trend -3368.7% vs -1229.4%
- Piotroski F-Score 1/9
Indisponível (9)
- Gross Margin NaN%
- P/FCF NaN
- Dividend Payout NaN%
- CapEx intensity
- Interest Coverage
- Debt/EBITDA
- Price below Graham Number
- PEG Ratio (need PE > 0 and growth > 0)
- Earnings Quality (OCF/Net Income)
Piotroski F-Score
Preocupações financeiras graves
Qualidade dos Resultados
Baixa qualidade: investigar a contabilidade
Diluição de Ações
A emitir novas ações, diluindo a participação
Participações institucionais
Não há declarações institucionais para esta empresa.
Governação
Equipa Executiva
| Nome | Cargo | Idade |
|---|---|---|
| Dr. Samarth Kulkarni Ph.D. | CEO & Chairman | 47 |
| Dr. Raju Yashaswi Prasad Ph.D. | Chief Financial Officer | 41 |
| Mr. James R. Kasinger J.D. | General Counsel & Secretary | 53 |
| Dr. Naimish Patel C.M., M.D. | Chief Medical Officer | 53 |
| Mr. Shaun Foy CFA | Co-Founder | - |
| Dr. Emmanuelle Marie Charpentier Ph.D. | Co-Founder & Scientific Advisory Board Member | - |
| Dr. Craig C. Mello Ph.D. | Scientific Founder & Advisory Board Member | - |
| Dr. Chad A. Cowan Ph.D. | Scientific Founder | 53 |
| Dr. Matthew Porteus M.D., Ph.D. | Scientific Founder & Advisory Board Member | 60 |
| Dr. Daniel G. Anderson Ph.D. | Scientific Founder & Advisory Board Member | 55 |
Risco de Auditoria
8
Risco do Conselho
8
Risco de Remuneração
10
Risco dos Direitos dos Acionistas
2
Parte 2 · O preço e o momento de entrar
Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.
Documentos
- Ver documento
Relatório anual (10-K)
Uma visão anual do negócio, dos resultados financeiros e dos riscos da empresa.
Arquivado em 2026-02-12
- Ver documento
Relatório trimestral (10-Q)
Uma atualização sobre o desempenho financeiro dos últimos três meses.
Arquivado em 2026-08-03
- Ver documento
Relatório de fato relevante (8-K)
Um aviso sobre um fato relevante, como uma mudança na liderança ou um grande anúncio.
Arquivado em 2026-08-03
via SEC EDGAR
Histórico de Resultados
via SEC EDGAR
Latest News
Recent headlines for CRSP, sourced from Markets Gazette.
- 3/10/2026NEGATIVEThis Is Why CRISPR Therapeutics Stock Is Tumbling on Tuesday
CRISPR Therapeutics AG experienced a significant stock price decline on Tuesday, as current shareholders faced an unexpected development. While the specific catalyst is not detailed in the provided snippet, the market reaction suggests a negative event has occurred, potentially related to clinical trial results, regulatory hurdles, or competitive pressures. Investors are advised to monitor further announcements for clarity on the situation impacting the biotechnology firm's valuation.
- 3/2/2026NEUTRALIs CRISPR Therapeutics Stock Too Risky to Buy Right Now?
CRISPR Therapeutics (CRSP) finds itself at a pivotal juncture, presenting a complex picture for investors. While the biotechnology firm currently struggles with profitability, a common challenge for companies in its developmental stage, it has achieved a significant milestone: the approval of a gene therapy treatment. This approval unlocks substantial future potential, positioning CRISPR as a key player in innovative medical solutions. However, the immediate lack of earnings raises questions about short-term financial stability versus long-term growth prospects. Investors must weigh the inherent risks of an unprofitable enterprise against the promising outlook of its groundbreaking therapeutic advancements.
via Markets Gazette