Clene Inc. logo

Clene Inc.

CLNN

NASDAQHealthcareBiotechnology

Latest quote

$4.32

−$0.05 · -1.14%

Aug 21, 3:59 PM ET

CLNN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Strong Sell

Exit — multiple negative signals converging

Valuation

2

Overpriced

Momentum

37

Weakening

Sentiment

33

Bearish

Risk resilience

38

High Risk

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Company profile

Company website

Clene Inc. is a biopharmaceutical firm in the clinical development phase, dedicated to the discovery, advancement, and market introduction of pioneering therapeutic agents utilizing clean-surfaced nanotechnology (CSN). CNM-Au8 stands as its flagship compound, currently under evaluation across a diverse range of clinical studies. This includes a pivotal Phase 2/3 study intended for regulatory submission in individuals battling amyotrophic lateral sclerosis (ALS). The company has successfully concluded a Phase 2 proof-of-concept trial for those with early manifestations of ALS. Furthermore, two open-label, investigator-blinded Phase 2 trials assessing brain energy metabolism have been finished. An ongoing Phase 2 trial is investigating CNM-Au8's potential to mitigate visual pathway deficits stemming from chronic optic neuropathy, aiming for remyelination in stable relapsing Multiple Sclerosis patients. A Phase 2 clinical investigation targeting Parkinson's Disease patients is also slated for commencement. Beyond its leading candidate, Clene's pipeline extends to include CNM-AgZn17. This gel formulation, comprising silver and zinc ions, is in development to combat infectious diseases and hasten wound recovery. Additionally, CNM-ZnAg acts as a broad-spectrum antiviral and antibacterial compound, designed to address various infectious conditions like COVID-19, while also offering immune support for symptom alleviation. For oncology, CNM-PtAu7 is a gold-platinum CSN therapeutic agent currently in development. The company also distributes dietary supplements, featuring rMetx, a liquid supplement containing zinc-silver ions, and KHC46, an aqueous gold supplement with trace amounts of gold nanoparticles. Clene Inc. maintains its headquarters in Salt Lake City, Utah.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Robert Etherington
Listed since
Oct 18, 2018
Employees
78

Market position

Volume
28.89K
0.06× average
Average volume
474.74K
Average daily volume
Market cap
55.2M USD
Beta
0.97
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
74.36M USD
EV / EBITDA
-3.38×
Earnings yield
-45.23%
Free cash flow yield
-32.11%

Profitability & efficiency

Return on equity
148.78%
Return on assets
-144.35%
Return on invested capital
-188.63%

Financial health

Current ratio
0.83×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends1413%-3860%-9132%-14405%Gross margin, FY2021: 60.03%Gross margin, FY2022: 94.50%Gross margin, FY2023: 81.50%Gross margin, FY2024: 79.53%Gross margin, FY2025: 78.50%Operating margin, FY2021: -6912.59%Operating margin, FY2022: -10234.46%Operating margin, FY2023: -6198.78%Operating margin, FY2024: -9676.32%Operating margin, FY2025: -11541.50%Net margin, FY2021: -1347.16%Net margin, FY2022: -6325.16%Net margin, FY2023: -7569.42%Net margin, FY2024: -11520.47%Net margin, FY2025: -13086.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 60.03%. Gross margin FY2022 94.50%. Gross margin FY2023 81.50%. Gross margin FY2024 79.53%. Gross margin FY2025 78.50%. Operating margin FY2021 -6912.59%. Operating margin FY2022 -10234.46%. Operating margin FY2023 -6198.78%. Operating margin FY2024 -9676.32%. Operating margin FY2025 -11541.50%. Net margin FY2021 -1347.16%. Net margin FY2022 -6325.16%. Net margin FY2023 -7569.42%. Net margin FY2024 -11520.47%. Net margin FY2025 -13086.50%.

Income trends

Revenue

200K USD-41.52%

Operating income

−23.08M USD+30.25%

Net income

−26.17M USD+33.57%
Income trends across reported periods5.79M USD−14.49M USD−34.77M USD−55.05M USDRevenue, FY2021: 723K USDRevenue, FY2022: 473K USDRevenue, FY2023: 654K USDRevenue, FY2024: 342K USDRevenue, FY2025: 200K USDOperating income, FY2021: −49.98M USDOperating income, FY2022: −48.41M USDOperating income, FY2023: −40.54M USDOperating income, FY2024: −33.09M USDOperating income, FY2025: −23.08M USDNet income, FY2021: −9.74M USDNet income, FY2022: −29.92M USDNet income, FY2023: −49.5M USDNet income, FY2024: −39.4M USDNet income, FY2025: −26.17M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 723K USD. Revenue FY2022 473K USD. Revenue FY2023 654K USD. Revenue FY2024 342K USD. Revenue FY2025 200K USD. Operating income FY2021 −49.98M USD. Operating income FY2022 −48.41M USD. Operating income FY2023 −40.54M USD. Operating income FY2024 −33.09M USD. Operating income FY2025 −23.08M USD. Net income FY2021 −9.74M USD. Net income FY2022 −29.92M USD. Net income FY2023 −49.5M USD. Net income FY2024 −39.4M USD. Net income FY2025 −26.17M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue200K USD342K USD654K USD473K USD723K USD
Cost of goods sold43K USD70K USD121K USD26K USD289K USD
Gross profit157K USD272K USD533K USD447K USD434K USD
Research and development14.01M USD20.06M USD26.66M USD31.92M USD28.42M USD
Selling, general, and administrative9.23M USD13.31M USD14.42M USD16.16M USD18.81M USD
Operating expenses23.24M USD33.37M USD41.07M USD48.86M USD50.41M USD
Interest income223K USD865K USD1.39M USD
Interest expense2.68M USD4.06M USD4.56M USD3.3M USD870K USD
Depreciation and amortization1.5M USD1.65M USD1.71M USD1.02M USD955K USD
Operating income−23.08M USD−33.09M USD−40.54M USD−48.41M USD−49.98M USD
Net income−26.17M USD−39.4M USD−49.5M USD−29.92M USD−9.74M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-24.30%
11 comparable reports
Latest EPS result
-1.08
Estimate -0.37 · Miss by 193.48%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.08-0.65-1.22-1.8Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 24, 2025: actual -1.67, estimate -1.21, surprise -38.02%, Miss. Q2 2025, reported May 7, 2025: actual -0.09, estimate -0.95, surprise +90.53%, Beat. Q3 2025, reported Aug 14, 2025: actual -0.78, estimate -0.49, surprise -59.18%, Miss. Q4 2025, reported Nov 13, 2025: actual -0.85, estimate -0.6, surprise -41.67%, Miss. Q1 2026, reported Mar 12, 2026: actual -0.93, estimate -0.74, surprise -25.68%, Miss. Q2 2026, reported May 14, 2026: actual -0.69, estimate -0.5, surprise -38.00%, Miss. Q3 2026, reported Aug 14, 2026: actual -1.08, estimate -0.368, surprise -193.48%, Miss. Q4 2026, reported Nov 12, 2026: actual —, estimate -0.46, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates148.2K103.05K57.9K12.75KQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 24, 2025: actual 91K USD, estimate 138.33K USD, surprise -34.22%, Miss. Q2 2025, reported May 7, 2025: actual 81K USD, estimate 75.67K USD, surprise +7.05%, Beat. Q3 2025, reported Aug 14, 2025: actual 27K USD, estimate 65.4K USD, surprise -58.72%, Miss. Q4 2025, reported Nov 13, 2025: actual 15K USD, estimate 64.33K USD, surprise -76.68%, Miss. Q1 2026, reported Mar 12, 2026: actual 77K USD, estimate 26K USD, surprise +196.15%, Beat. Q2 2026, reported May 14, 2026: actual 15K USD, estimate 50.75K USD, surprise -70.44%, Miss. Q3 2026, reported Aug 14, 2026: actual 90K USD, estimate 61K USD, surprise +47.54%, Beat. Q4 2026, reported Nov 12, 2026: actual —, estimate 70K USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$50.00

1057.41% upside
Past 12 months12-month forecastHigh $50.00Average $50.00Low $50.00

Rating distribution

8 ratings
Strong buy00%
Buy788%
Hold113%
Sell00%
Strong sell00%

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