Elevai Labs, Inc. (ELAB) AI Stock Analysis
ELAB AI stock analysis summary
AI ResearchElevai Labs, Inc. (ELAB) is a biotechnology company developing specialized aesthetic skincare serums. The company generated $2.6M in trailing twelve-month revenue, but sales fell 45.8% year-over-year in the quarter ended June 30, 2026. With a market capitalization of $2.2M, the stock trades at $2.77 after a 1-year return of -99.9%.
- Market cap
- $2.2M
- Revenue (TTM)
- $2.6M
- P/E
- —
- 1Y return
- -99.9% S&P 500 16.8%
- Avg. target
- —
Bull case
- Elevai Labs held $18.8M in cash and short-term investments as of June 30, 2026, exceeding total debt to provide $4.9M in net cash.
- The stock trades at a price-to-sales ratio of 0.9x, well below the 4.1x median of its US-listed Healthcare peers.
- Long-term top-line expansion showed a 4-year revenue CAGR of 416.8% from FY2021 to FY2025.
Bear case
- Annual revenue dropped 76.1% to $590,084 in FY2025, down sharply from $2.5M in FY2024.
- Elevai Labs generated an FY2025 net loss of -$7.7M and free cash flow of -$6.4M.
- Shareholder value deteriorated severely, reflected in a 1-year stock return of -99.9%.
What Elevai Labs does
Elevai Labs, Inc., based in Newport Beach, California, specializes in the development, manufacturing, and marketing of skincare products in the United States. Established in 2020 and formerly known as Reactive Medical Labs Inc. until December 2021, the company caters to dermatologists, plastic surgeons, medical spa owners, and aesthetic physicians. Its core product lineup features Empower and Enfinity, which are advanced post-procedure serums formulated for the face, neck, and upper chest regions to enhance and prolong treatment benefits. Elevai Labs employs 32 people and works through strategic partnerships to distribute its physician-focused formulations.
Growth and profitability
Elevai Labs grew annual revenue from $827 in FY2021 to $2.5M in FY2024 before revenue declined 76.1% to $590,084 in FY2025. Across the 4-year period from FY2021 to FY2025, revenue posted a compound annual growth rate of 416.8%. Net losses expanded from -$784,739 in FY2021 to -$7.7M in FY2025, resulting in an FY2025 net margin of -1306.3% and an operating margin of -1250.1%. For the trailing twelve months ended June 30, 2026, revenue stood at $2.6M with an operating margin of -290.0% and an eps of -$1748.36. Quarterly revenue fell 45.8% year-over-year in the latest quarter.
Balance sheet and cash flow
As of June 30, 2026, Elevai Labs held $18.8M in cash and short-term investments against $13.9M in total debt, yielding net cash of $4.9M. Total assets were $36.6M, shareholders' equity reached $16.7M, and the current ratio stood at 1.36. The debt-to-equity ratio was 0.83. Cash flow remains constrained by ongoing deficits, with operating cash flow at -$5.9M and free cash flow at -$6.4M in FY2025. In FY2025, the company deployed $448,255 toward capital expenditures and spent $179 on share buybacks.
Valuation and performance
Elevai Labs has a market capitalization of $2.2M and an enterprise value of -$886,543. The stock trades at a price-to-sales multiple of 0.9x, compared to 4.1x for the median of its US-listed Healthcare peers. Its price-to-book ratio is 0.2x, while EV to revenue is 0.1x. Over the past year, the stock recorded a return of -99.9%, underperforming the S&P 500 benchmark return of 16.8%. The stock traded at $2.77 on October 16, 2026, sitting 94.6% below its 200-day moving average.
What analysts expect
Wall Street analyst ratings, consensus price targets, and forward earnings estimates are not published for Elevai Labs. The company's next earnings report is scheduled for November 13, 2026. The company reported trailing twelve-month eps of -$1748.36 following an FY2025 eps of -$186225.67. Insider ownership accounts for 5.6% of outstanding shares, institutional ownership stands at 3.3%, and short interest represents 3.4% of the float.
Key risks and what to watch
- Quarterly revenue fell 45.8% year-over-year for the period ended June 30, 2026, signaling ongoing sales pressure.
- The trailing twelve-month operating margin sits at -290.0%, reflecting persistent operating deficits.
- The stock trades at $2.77, just above its 52-week low of $2.58 and far below its 52-week high of $1823.04.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this ELAB AI stock analysis
This page is an AI-written research summary of Elevai Labs, Inc. (ELAB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: ELAB income statement, ELAB balance sheet, ELAB key metrics, ELAB chart. See the ELAB stock overview for the latest quote and news.
ELAB AI stock analysis FAQ
What products does Elevai Labs produce?
Elevai Labs develops and markets advanced post-procedure skincare serums, specifically its Empower and Enfinity lines designed for the face, neck, and upper chest.
What is the financial position of Elevai Labs?
As of June 30, 2026, Elevai Labs had $18.8M in cash and short-term investments, $13.9M in total debt, and a current ratio of 1.36.
Does ELAB pay a dividend?
Elevai Labs does not pay a dividend. In FY2025, the company used cash for $448,255 in capital expenditures and $179 in share buybacks.
When does Elevai Labs report its next quarterly results?
The company's next earnings date is November 13, 2026.