Niki BioSolutions, Inc. (NIKI) AI Stock Analysis

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

NIKI AI stock analysis summary

AI Research

Niki BioSolutions, Inc. (NIKI) is a clinical-stage biopharmaceutical company focused on oncology and infectious diseases. For the trailing twelve months ended December 31, 2025, the company generated $0 in revenue and an EPS of -$2.90. With a market capitalization of $6.3M, the stock has dropped 86.6% over the past year.

Market cap
$6.3M
Revenue (TTM)
$0
P/E
—
1Y return
-86.6%
S&P 500 16.8%
Avg. target
—

Bull case

  • The company maintains net cash of $9,963 with $3.5M in cash and short-term investments exceeding total debt of $3.4M as of December 31, 2025.
  • Niki BioSolutions achieved a positive net income of $7.1M in FY2020 during earlier clinical development stages.
  • The stock trades at a price-to-book multiple of 0.2x, while insider ownership remains high at 47.5%.

Bear case

  • Revenue dropped 66.7% in FY2023 to $431,378 and fell to $0 for the trailing twelve months ended December 31, 2025.
  • The company burned cash with free cash flow of -$7.7M in FY2023, while the current ratio was low at 0.78 as of December 31, 2025.
  • Shares have fallen 86.6% over the past year and 99.2% over five years, accompanied by a 145.0% 5-year increase in share count.

What Niki BioSolutions does

Niki BioSolutions, Inc. is a clinical-stage biopharmaceutical company engaged in discovering, developing, and commercializing therapeutics for oncology and infectious diseases. Its pipeline includes SACT-1, a repurposed drug candidate in Phase 1 clinical testing for neuroblastoma and other cancers, and ALS-4, in Phase 1 trials for bacterial infections such as staphylococcus aureus. The company also develops preclinical candidates including SACT-COV19 for coronavirus disease, SACT-2, SACT-3, ALS-1 for bacterial infections including MRSA, and ALS-2/3 for gram+ve bacterial infections. Headquartered in Princeton, New Jersey, the company has 1 employee and operates as a subsidiary of Jurchen Investment Corporation.

Growth and profitability

Niki BioSolutions generated annual revenue of $535,166 in FY2019, growing to $911,509 in FY2020 and peaking at $1.5M in FY2021 with 69.2% growth. Revenue subsequently fell 16.0% to $1.3M in FY2022 and dropped 66.7% to $431,378 in FY2023, yielding a 5-year revenue CAGR from FY2018 to FY2023 of 2.4%. Net income was -$18.7M in FY2019, $7.1M in FY2020, -$25.0M in FY2021, -$9.8M in FY2022, and -$2.8M in FY2023. Gross margin was 2.4% in FY2023, while operating margin was -2457.5%. In the trailing twelve months ending December 31, 2025, revenue was $0, operating margin was 0.0%, and EPS was -$2.90.

NIKI income statement →

Balance sheet and cash flow

As of December 31, 2025, Niki BioSolutions held $3.5M in cash and short-term investments against total debt of $3.4M, resulting in net cash of $9,963. The company reported total assets of $18.7M, shareholders' equity of $23.2M, and a debt-to-equity ratio of 0.15. Its current ratio stood at 0.78. In FY2023, operating cash flow was -$7.7M and free cash flow was -$7.7M, while R&D expense was $5.2M. Over the five-year period through FY2025, share count increased 145.0%.

NIKI balance sheet →

Valuation and performance

At a last close of $2.03 on October 16, 2026, Niki BioSolutions had a market cap of $6.3M and an enterprise value of $5.6M. The stock traded at a price-to-sales ratio of 23.4x, which is elevated compared to 4.1x for the median of its US-listed Healthcare peers. Its price-to-book ratio stood at 0.2x, while EV to revenue was 31.2x. Over the past year, NIKI fell 86.6%, lagging the 16.8% gain for the S&P 500 (SPY). Over five years, the stock dropped 99.2% versus an 83.0% return for the benchmark.

NIKI key metrics →

What analysts expect

There are currently no Wall Street analyst ratings, consensus price targets, or earnings estimates available for Niki BioSolutions, Inc. The company also has no scheduled next earnings date or published earnings track record metrics. NIKI shares closed at $2.03 on October 16, 2026, positioned between a 52-week low of $1.94 and a 52-week high of $17.20, and trading 75.1% below its 200-day moving average.

Key risks and what to watch

  • Niki BioSolutions operates with 1 employee to advance its pipeline, presenting key operational execution risks.
  • Liquidity is tight, indicated by a current ratio of 0.78 and net cash of only $9,963 as of December 31, 2025.
  • Ongoing dilution is evidenced by a 145.0% 5-year increase in share count through FY2025.
  • The stock exhibits downward momentum, trading 75.1% below its 200-day average near its 52-week low of $1.94.

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 NIKI AI stock analysis

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

NIKI AI stock analysis FAQ

What does Niki BioSolutions do?

Niki BioSolutions, Inc. is a clinical-stage biopharmaceutical company that discovers, develops, and commercializes therapeutics for oncology and infectious diseases. Its pipeline includes Phase 1 drug candidates SACT-1 for neuroblastoma and ALS-4 for bacterial infections, along with multiple preclinical candidates.

What is NIKI's financial and cash position?

As of December 31, 2025, Niki BioSolutions held $3.5M in cash and short-term investments and $3.4M in total debt, leaving net cash of $9,963. Trailing twelve-month revenue was $0, and FY2023 free cash flow was -$7.7M.

Does Niki BioSolutions pay a dividend?

Niki BioSolutions does not pay a dividend. The company generated -$2.90 in trailing twelve-month EPS and had an operating cash flow of -$7.7M in FY2023.

Who owns Niki BioSolutions?

Insiders hold 47.5% of the company's shares, while institutional investors own 0.3%. The company operates as a subsidiary of Jurchen Investment Corporation.

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