Molecular Partners AG logo

Molecular Partners AG

MOLN

NASDAQHealthcareBiotechnology

Previous close

$4.3999

+$0.1699 · +4.02%

Aug 21, 4:00 PM ET

MOLN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

23

Expensive

Momentum

39

Weakening

Sentiment

47

Mixed

Risk resilience

41

Elevated Risk

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Company profile

Company website

Molecular Partners AG operates as a clinical-stage biopharmaceutical company, specializing in the identification, advancement, and commercialization of innovative therapeutic proteins. The firm's pipeline includes a range of product candidates, many of which utilize its proprietary DARPin® technology. Key developments include Abicipar, a DARPin therapeutic in Phase III clinical trials for addressing neovascular wet age-related macular degeneration and diabetic macular edema. In the infectious disease space, they are advancing MP0420, a multi-specific DARPin therapeutic targeting the SARS-CoV-2 virus, and MP0423 for COVID-19 treatment. Their oncology programs feature MP0310, currently in Phase Ia clinical trials for immuno-oncology; MP0317, a tumor-localized immune agonist designed to stimulate immune cells within tumors, which is undergoing Phase I clinical trials; and MP0274, also in Phase I, for HER2-positive cancers. Additional therapeutic candidates encompass MP0533, a CD3 T cell agent for acute myeloid leukemia, and MP0250, engineered to extend drug half-life by interacting with vascular endothelial growth factor, hepatocyte growth factor, and human serum albumin. Molecular Partners AG has established significant partnerships and collaboration agreements with various entities, such as Novartis AG for the development, manufacturing, and commercialization of DARPin-conjugated radioligand therapies; Amgen SA; Allergan, Inc.; and a discovery alliance in ophthalmology with AbbVie Inc., in addition to other third-party collaborators. The company was incorporated in 2004 and is headquartered in Schlieren, Switzerland.

Industry
Biotechnology
Sector
Healthcare
Headquarters
CH
CEO
Patrick Amstutz
Listed since
Jun 16, 2021
Employees
134

Market position

Day range

Current $4.3999

52-week range

Current $4.3999

Open
$4.38
Previous close
$4.23
Volume
483
0.1× average
Average volume
4.79K
Average daily volume
Market cap
165.05M USD
Beta
0.68
Market reference 1
50-day average
$4.0181
+9.50% above average
200-day average
$4.2327
+3.95% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
49.88M CHF
P/E (TTM)
-2.24×
P/B (TTM)
1.91×
P/S (TTM)
EV / EBITDA
-0.84×
Earnings yield
-47.83%
Free cash flow yield
-40.32%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
0.00%
Return on equity
-76.74%
Return on assets
-60.38%
Return on invested capital
-62.98%

Financial health

Debt / equity
0.05×
Current ratio
8.79×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends204%-318%-840%-1362%Gross margin, FY2021: -497.19%Gross margin, FY2022: 73.23%Gross margin, FY2023: -579.80%Gross margin, FY2024: -855.81%Operating margin, FY2021: -679.72%Operating margin, FY2022: 61.52%Operating margin, FY2023: -868.26%Operating margin, FY2024: -1231.73%Net margin, FY2021: -683.65%Net margin, FY2022: 62.17%Net margin, FY2023: -880.70%Net margin, FY2024: -1087.38%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -497.19%. Gross margin FY2022 73.23%. Gross margin FY2023 -579.80%. Gross margin FY2024 -855.81%. Operating margin FY2021 -679.72%. Operating margin FY2022 61.52%. Operating margin FY2023 -868.26%. Operating margin FY2024 -1231.73%. Net margin FY2021 -683.65%. Net margin FY2022 62.17%. Net margin FY2023 -880.70%. Net margin FY2024 -1087.38%.

Income trends

Revenue

4.97M CHF-29.38%

Operating income

−58.12M CHF+5.05%

Net income

−61.65M CHF-14.08%
Income trends across reported periods214.89M CHF113.55M CHF12.22M CHF−89.12M CHFRevenue, FY2021: 9.33M CHFRevenue, FY2022: 189.56M CHFRevenue, FY2023: 7.04M CHFRevenue, FY2024: 4.97M CHFOperating income, FY2021: −63.42M CHFOperating income, FY2022: 116.61M CHFOperating income, FY2023: −61.11M CHFOperating income, FY2024: −61.22M CHFOperating income, FY2025: −58.12M CHFNet income, FY2021: −63.79M CHFNet income, FY2022: 117.85M CHFNet income, FY2023: −61.98M CHFNet income, FY2024: −54.04M CHFNet income, FY2025: −61.65M CHFFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 9.33M CHF. Revenue FY2022 189.56M CHF. Revenue FY2023 7.04M CHF. Revenue FY2024 4.97M CHF. Operating income FY2021 −63.42M CHF. Operating income FY2022 116.61M CHF. Operating income FY2023 −61.11M CHF. Operating income FY2024 −61.22M CHF. Operating income FY2025 −58.12M CHF. Net income FY2021 −63.79M CHF. Net income FY2022 117.85M CHF. Net income FY2023 −61.98M CHF. Net income FY2024 −54.04M CHF. Net income FY2025 −61.65M CHF.
Metric (CHF)FY2025FY2024FY2023FY2022FY2021
Revenue4.97M CHF7.04M CHF189.56M CHF9.33M CHF
Cost of goods sold2.05M CHF47.5M CHF47.84M CHF50.75M CHF55.72M CHF
Gross profit−2.05M CHF−42.53M CHF−40.81M CHF138.81M CHF−46.39M CHF
Research and development40.19M CHF48.6M CHF48.78M CHF50.75M CHF55.72M CHF
Selling, general, and administrative14.87M CHF17.16M CHF19M CHF21.82M CHF16.91M CHF
Operating expenses50.89M CHF18.68M CHF20.3M CHF72.94M CHF72.75M CHF
Interest income1.52M CHF3.38M CHF4.28M CHF1.2M CHF108.28K CHF
Interest expense18K CHF25K CHF49K CHF648.12K CHF608.14K CHF
Depreciation and amortization2.14M CHF2.37M CHF2.42M CHF2.39M CHF2.57M CHF
Operating income−58.12M CHF−61.22M CHF−61.11M CHF116.61M CHF−63.42M CHF
Net income−61.65M CHF−54.04M CHF−61.98M CHF117.85M CHF−63.79M CHF

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$21.00

377.28% upside
Past 12 months12-month forecastHigh $29.00Average $21.00Low $13.00

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