Atrium Therapeutics, Inc. (RNA) AI Stock Analysis

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

RNA AI stock analysis summary

AI Research

Atrium Therapeutics, Inc. (RNA) is a biopharmaceutical company focused on developing RNA therapeutics for cardiomyopathies. The company reported FY2025 revenue of $18.6M and a net loss of -$76.7M, reflecting a 5-year revenue CAGR of 22.4%. As of June 30, 2026, Atrium Therapeutics held $264.2M in cash and short-term investments against $1.7M in total debt.

Market cap
$131.2M
Revenue (TTM)
$35.8M
P/E
—
1Y return
—
S&P 500 16.8%
Avg. target
$25.00
225.9% vs last close

Bull case

  • Atrium Therapeutics held $264.2M in cash and short-term investments against $1.7M in total debt as of June 30, 2026.
  • Annual revenue grew 70.9% in FY2025 to $18.6M, contributing to a 5-year revenue CAGR of 22.4%.
  • Analysts maintain 4 Strong Buy ratings with a mean price target of $25.00, implying 225.9% upside from the $7.67 share price.

Bear case

  • The company remains unprofitable with a trailing twelve month net profit margin of -184.1% and an EPS of -$5.44.
  • Consensus projections indicate revenue will decline 94.2% to $2.0M in the next fiscal year.
  • Free cash flow was -$42.6M in FY2025 alongside an operating cash flow of -$41.1M.

What Atrium Therapeutics does

Atrium Therapeutics, Inc. is a biopharmaceutical company that focuses on delivering ribonucleic acid (RNA) therapeutics to the heart to transform care for people living with cardiomyopathies. Its development stage product candidates include ATR 1072, a siRNA-based therapy targeting PRKAG2 for the treatment of PRKAG2 syndrome, and ATR 1086, a siRNA-based therapy targeting PLN for the treatment of PLN cardiomyopathy. The company also focuses on a pipeline to treat a range of genetic and cardiac diseases. In addition, it maintains research collaboration and license agreements with Bristol-Myers Squibb Company and Eli Lilly and Company.

Growth and profitability

Atrium Therapeutics generated annual revenue of $9.3M in FY2021, $9.2M in FY2022, $9.6M in FY2023, $10.9M in FY2024, and $18.6M in FY2025, representing a 5-year revenue CAGR of 22.4%. Annual net income moved from -$117.4M in FY2021 to -$322.3M in FY2024, before improving to -$76.7M in FY2025 as R&D expense decreased to $53.8M. For the trailing twelve months ended June 30, 2026, revenue stood at $35.8M with an operating margin of -752.9% and an EPS of -$5.44. In the latest quarter ended June 30, 2026, quarterly revenue fell 21.9% year-over-year.

RNA income statement →

Balance sheet and cash flow

As of June 30, 2026, Atrium Therapeutics held $264.2M in cash and short-term investments and $1.7M in total debt, resulting in net cash of $262.5M. Total assets were $280.5M and shareholders' equity reached $214.6M, supporting a current ratio of 8.73 and a debt-to-equity ratio of 0.01. During FY2025, operating cash flow was -$41.1M and free cash flow was -$42.6M, with capital expenditures of $1.4M. Over 5 years, the company's share count declined 27.5%.

RNA balance sheet →

Valuation and performance

Atrium Therapeutics closed at $7.67 on October 16, 2026, with a market capitalization of $131.2M and an enterprise value of -$119.9M. The stock trades at a price-to-sales multiple of 3.7x and a price-to-book multiple of 0.7x, compared to a median price-to-sales multiple of 4.1x for its US-listed Healthcare peers. Its EV to revenue stands at 491.0x. Over the 1-year period, the S&P 500 (SPY) returned 16.8%, and over 5 years returned 83.0%, while RNA has traded between a 52-week low of $7.54 and a 52-week high of $16.77.

RNA key metrics →

What analysts expect

Wall Street analyst coverage shows 4 Strong Buy ratings, 0 Buy, 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $25.00, representing an upside of 225.9% from the last close of $7.67. For the fiscal year ending December 31, 2026, analysts project an EPS of -$3.61 on revenue of $34.4M. For the next fiscal year, 1 analyst estimates revenue of $2.0M and an EPS of -$6.39. The company has beaten EPS estimates in 1 of the last 4 quarters, and the next earnings date is November 12, 2026.

RNA forecast and price target →

Key risks and what to watch

  • Quarterly revenue fell 21.9% year-over-year in the period ended June 30, 2026.
  • Operating margin stood at -752.9% over the trailing twelve months, reflecting high ongoing operational expenses relative to revenue.
  • Analysts forecast EPS to fall 77.0% to -$6.39 in the next fiscal year.
  • The company has surpassed earnings estimates in only 1 of the last 4 quarters.

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 RNA AI stock analysis

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

RNA AI stock analysis FAQ

What clinical programs is Atrium Therapeutics advancing?

Atrium Therapeutics is developing ATR 1072 for PRKAG2 syndrome and ATR 1086 for PLN cardiomyopathy. Both pipeline candidates are siRNA therapies designed to target genetic heart conditions.

What is the financial position of Atrium Therapeutics?

As of June 30, 2026, the company held $264.2M in cash and short-term investments alongside $1.7M in total debt. This provides net cash of $262.5M and a current ratio of 8.73.

What are analyst expectations for RNA stock?

The 4 analysts covering RNA all rate the stock a Strong Buy, with a mean price target of $25.00. This target sits 225.9% above the last closing price of $7.67.

Does Atrium Therapeutics pay a dividend?

Atrium Therapeutics does not pay a dividend. The company generated -$42.6M in free cash flow in FY2025 and directs its capital toward research and clinical development.

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