CRISPR Therapeutics AG (CRSP)
NEUTRALFundamental
33
Precio
$60.81
Capitalización Bursátil
$5.55B
Parte 1 · Cuánto vale la empresa
Resumen
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.
Cómo genera ingresos
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.
Riesgos clave
- 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.
Concentración 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.
Los 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.
Los argumentos en 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
No editorial profile for this company yet
No competitor list for this company yet.
Balance y Liquidez
Ingresos
$13M
Últimos 12 meses (hasta 30/6/2026)
Beneficio Neto
$-451M
Últimos 12 meses (hasta 30/6/2026)
Flujo de Caja Libre
$-346M
Patrimonio Neto Total
$1.92B
Pasivo Total
$343M
Ratio de Liquidez
17.85
Cobertura de Intereses
-
Deuda/EBITDA
-
Beneficio Por Acción
Ingresos y Beneficio Neto
Flujo de Caja Libre
Desglose de Ingresos
Estado histórico
Márgenes en el tiempo
La deuda en el tiempo
Cuánto pesa la deuda
Cuadro de crecimiento
Crecimiento — Ingresos
Estimación de Valor Justo
Valor Justo
$72.54
Precio Actual
$60.81
Margen de Seguridad
+16.2%
Rango de Valor Justo
$55.74 - $89.33
Métodos de Estimación
Métricas de Valoración
Ratio P/E
-
ROE
-30.3%
Ratio P/B
3.16
P/FCF
-
Margen Bruto
-
ROIC
-16.8%
Radar de Rentabilidad
Value Creation (Economic Moat)
ROIC
-16.8%
WACC
12.5%
ROIC − WACC
-29.3 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Criterios de Análisis Fundamental
Superado (7)
- Price CAGR 11.38%
- Debt/Equity ratio
- Current Ratio
- Low reliance on intangibles
- Revenue Growth 5Y 38.0%
- Analyst Consensus 59% Buy
- Earnings Surprise avg 3.3%
Fallido (11)
- EPS shows upward trend
- ROIC -16.8%
- P/B Ratio 3.16
- 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
No disponible (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
Preocupaciones financieras graves
Calidad de los Beneficios
Baja calidad: investigue la contabilidad
Dilución de Acciones
Emitiendo nuevas acciones, diluyendo la participación
Gobernanza
Equipo Directivo
| Nombre | Cargo | Edad |
|---|---|---|
| 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 |
Riesgo de Auditoría
8
Riesgo del Consejo
8
Riesgo de Compensación
10
Riesgo de Derechos del Accionista
2
Parte 2 · El precio y el momento de entrar
Esta parte no sirve para saber si la empresa vale: sirve para elegir cuándo comprarla, una vez que los fundamentales te han convencido. Dentro: análisis técnico, potencial, caídas históricas, exposición gamma.
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