profit from every $100 of sales.

Tenaya Therapeutics
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Tenaya Therapeutics sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $0 in 2025, with -$90.6 million of profit last year.
Tenaya Therapeutics vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Tenaya Therapeutics | No profit yet | ||
Vertex Pharmaceuticals | 35.1× · Expensive | ||
Moderna | No profit yet | ||
Regeneron Pharmaceuticals | 22.0× · Fair price | ||
CSL | 22.1× · Fair price |
AI analysis
An AI analyst reads Tenaya Therapeutics's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 0 | |
| – | – | – | – | |
| -126 | -131 | -116 | -93 | |
| -119 | -123 | -107 | -85 | |
| -124 | -124 | -111 | -91 | |
| -2.76 | -1.68 | -1.31 | -0.59 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 279 | 171 | 120 | 147 |
| Cash | 95 | 46 | 4 | 101 |
| Total debt | 15 | 12 | 14 | 11 |
| Total liabilities | 36 | 31 | 27 | 24 |
| 243 | 139 | 93 | 123 | |
| 45 | 74 | 85 | 153 | |
| -38.4% | -68.3% | -86.0% | -55.0% | |
| -50.8% | -89.0% | -119.7% | -73.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -104 | -102 | -91 | -68 | |
| 21 | 1 | 1 | 1 | |
| -125 | -103 | -92 | -69 | |
| Dividends paid | – | – | – | – |
| 0 | – | – | – | |
| 11 | 15 | 17 | 13 |
Valuation
- –
- –
- –
- 2.0×
- –
- –
- –
- -81.4%
- -107.1%
- 0.0%
Profitability
- 0.0%
- -38,159.1%
- -36,891.1%
- -34,943.6%
- -70.7%
- -65.2%
- -80.6%
- -61.5%
- -72.6%
- 27,721.8%
Growth
- –
- –
- +24.7%
- –
- +38.7%
Financial health
- 0.9×
- 0.10
- 7.5%
- –
- 5.75
- 5.75
- 0.00
How it ranks in Healthcare
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $2.33
- Range
- $2.00 – $3.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | -0.09 | -0.09 | +0.0% |
| Mar 11, 2026 | -0.12 | -0.13 | +7.7% |
| Nov 10, 2025 | -0.12 | -0.15 | +20.0% |
| Aug 6, 2025 | -0.14 | -0.20 | +30.0% |
| May 7, 2025 | -0.24 | -0.18 | −33.3% |
| Mar 10, 2025 | -0.28 | -0.31 | +9.7% |
| Nov 6, 2024 | -0.30 | -0.37 | +18.9% |
| Aug 8, 2024 | -0.34 | -0.40 | +15.0% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/6Passes 0 of 6. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Tenaya Therapeutics
Is Tenaya Therapeutics a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 6 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Tenaya Therapeutics AI analysis
What does Tenaya Therapeutics do?
Tenaya Therapeutics, Inc., a biotechnology company, discovers, develops, and delivers therapies for heart disease in the United States. It develops its products through cellular regeneration, gene therapy, and precision medicine platforms. It is in Biotechnology.
Does Tenaya Therapeutics pay a dividend?
No. Tenaya Therapeutics does not pay a dividend at the moment.
Is Tenaya Therapeutics stock halal?
No. Tenaya Therapeutics does not pass our halal screen: its cash and confirmed interest-bearing investments are 119% of its market value, at or above the 33% limit. How we check
How has Tenaya Therapeutics stock done over the past year?
Down 73.9% over the past twelve months, to $0.37. It traded between $0.32 and $1.54 and is 75.9% below its high.
Who are Tenaya Therapeutics's competitors?
The largest listed companies in the same industry are Vertex Pharmaceuticals, Moderna, Regeneron Pharmaceuticals and CSL. The peers table on this page compares their profit, growth and price with Tenaya Therapeutics's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



