Marker Therapeutics, Inc. (MRKR) AI Stock Analysis

NASDAQ: MRKRAI research summary: business, growth, valuation, analysts, bull and bear case.

MRKR AI stock analysis summary

AI Research

Marker Therapeutics, Inc. (MRKR) is a clinical-stage immuno-oncology biotechnology company developing T cell-based immunotherapies. Over the trailing twelve months, the company generated $3.5M in revenue with an operating margin of -267.9% and a net loss per share of -$0.42. The stock closed at $1.04 on October 16, 2026, representing a 1-year gain of 1.0% against an S&P 500 return of 16.8%.

Market cap
$17.3M
Revenue (TTM)
$3.5M
P/E
—
1Y return
1.0%
S&P 500 16.8%
Avg. target
$7.87
656.4% vs last close

Bull case

  • Wall Street analysts maintain 3 Strong Buy ratings with a mean price target of $7.87, representing upside of 656.4% from the last close of $1.04.
  • Analyst consensus projects FY2027 revenue to reach $20.2M, representing revenue growth of 375.9%.
  • The company has demonstrated consistent execution against short-term forecasts, beating EPS estimates in each of the last 4 quarters.

Bear case

  • The company continues to produce significant losses, with an FY2025 net income of -$12.2M and a trailing twelve months profit margin of -245.5%.
  • Quarterly revenue fell 51.0% year-over-year in the period ended June 30, 2026, following a 46.2% annual revenue drop in FY2025.
  • Shareholder equity has experienced substantial dilution, reflected in a 5-year share count expansion of 132.3%.

What Marker Therapeutics does

Marker Therapeutics, Inc. is a clinical-stage immuno-oncology company focused on advancing T cell-based immunotherapies and peptide-based vaccines for hematological malignancies and solid tumors across the United States. Established in 1999 and based in Houston, Texas, the company utilizes its proprietary MultiTAA-specific T cell technology to produce non-engineered tumor-specific T cells targeting multiple tumor-associated antigens. Its pipeline includes autologous T cell therapies for lymphoma and solid tumors, allogeneic T cell candidates for acute myeloid leukemia and acute lymphoblastic leukemia, off-the-shelf therapies, and peptide-based vaccines such as TPIV100/110 and TPIV200 for breast and ovarian cancers.

Growth and profitability

Marker Therapeutics achieved a 5-year revenue compound annual growth rate of 50.0% from FY2020 to FY2025. Annual revenue grew from $1.2M in FY2021 to $3.5M in FY2022 and $6.6M in FY2024, before declining 46.2% to $3.5M in FY2025. Net income was -$41.9M in FY2021, -$29.9M in FY2022, -$8.2M in FY2023, -$10.7M in FY2024, and -$12.2M in FY2025, with an FY2025 operating margin of -363.5%. For the latest quarter ended June 30, 2026, quarterly revenue fell 51.0% year-over-year, while trailing twelve months revenue stood at $3.5M with a profit margin of -245.5%.

MRKR income statement →

Balance sheet and cash flow

As of June 30, 2026, Marker Therapeutics held $11.3M in cash and short-term investments, total assets of $14.6M, and shareholders' equity of $12.2M, with a current ratio of 6.03. In FY2025, operating cash flow was -$12.0M and free cash flow was -$12.0M, with capital expenditures of $1. The company has engaged in significant equity issuance, resulting in a 5-year share count change of 132.3%.

MRKR balance sheet →

Valuation and performance

Marker Therapeutics trades at a market capitalization of $17.3M and an enterprise value of $9.3M. The stock has a price-to-sales ratio of 4.9x, compared to 4.1x for the median of its US-listed Healthcare peers, and an EV-to-revenue ratio of 0.2x. Over the past year, MRKR gained 1.0%, while the S&P 500 returned 16.8%. Over a 5-year period, the stock declined 93.5% versus an 83.0% gain for the S&P 500.

MRKR key metrics →

What analysts expect

Wall Street coverage includes 3 Strong Buy ratings, with zero Buy, Hold, Sell, or Strong Sell ratings. The mean price target is $7.87, representing a 656.4% premium over the last close of $1.04. Consensus estimates project FY2026 revenue of $4.2M and an EPS of -$0.56, followed by FY2027 revenue of $20.2M from 2 analysts. Marker Therapeutics beat EPS estimates in each of the last 4 quarters, and its next earnings date is November 12, 2026.

MRKR forecast and price target →

Key risks and what to watch

  • With cash and short-term investments of $11.3M as of June 30, 2026, and an annual free cash flow burn of -$12.0M in FY2025, liquidity duration is limited without additional financing.
  • The stock exhibits high market sensitivity, indicated by a beta of 1.53, while trading 26.1% below its 200-day moving average.
  • Research and development spending of $11.8M in FY2025 highlights high overhead requirements relative to the company's $3.5M in annual revenue.

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 MRKR AI stock analysis

This page is an AI-written research summary of Marker Therapeutics, Inc. (MRKR). 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: MRKR income statement, MRKR balance sheet, MRKR key metrics, MRKR analyst forecast, MRKR chart. See the MRKR stock overview for the latest quote and news.

MRKR AI stock analysis FAQ

Does Marker Therapeutics pay a dividend?

No, Marker Therapeutics does not pay a dividend. The company directs its capital toward research and clinical development programs.

What is Marker Therapeutics' cash position and burn rate?

As of June 30, 2026, Marker Therapeutics had $11.3M in cash and short-term investments. In FY2025, the company posted an operating cash flow of -$12.0M and a free cash flow of -$12.0M.

What are analysts forecasting for Marker Therapeutics' revenue?

Analysts estimate FY2026 revenue of $4.2M and project FY2027 revenue to grow 375.9% to $20.2M.

When is Marker Therapeutics' next earnings report?

Marker Therapeutics is scheduled to report its next earnings on November 12, 2026.

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