Stocks/CRBU

CRBU

Caribou Biosciences, Inc.
Healthcare·Biotechnology
$2.36
$234M market cap
Revenue
$6.3M
Free Cash Flow
$-47.7M
Rev Growth
+0.0%
FCF Margin
-752.0%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

Caribou Biosciences, Inc., a clinical-stage biopharmaceutical company, engages in the development of genome-edited allogeneic cell therapies for the treatment of hematologic malignancies and solid tumors in the United States and internationally. Its lead product candidates are CB-010, an allogeneic anti-CD19 CAR-T cell therapy that is in phase 1 clinical trial to treat relapsed or refractory B cell non-Hodgkin lymphoma; and CB-011, an allogeneic anti-BCMA CAR-T cell therapy for the treatment of

2-Year Price History

$2.10+7.7%
$1.0$1.5$2.0$2.5volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q12.4-25.6-26.3-25.1-27.0-27.1-0.1117.627.095.9-229.1%----
Act2025-Q43.9-27.8-28.5-26.5-20.8-20.6-0.2139.327.294.5-166.8%----

Valuation & Metrics

Market Stats

Price$2.36
Market Cap$234M
Enterprise Value$143M
P/S Ratio36.9x
P/FCF--
EV/FCF--
FCF Margin (TTM)-752.0%
FCF Yield-20.4%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$6.3M
Net Income$-51.6M
Free Cash Flow$-47.7M

Revenue Growth (YoY)+0.0%
EBITDA Margin-842.6%
Net Margin-813.7%
FCF Margin-752.0%
CapEx % of Revenue4.5%
SBC % of Revenue37.2%
ROIC-197.9%
WC Change % Rev-26.3%
Interest Coverage--

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares7.1M
Days to Cover4.4
Change (vs Prior)+5.2%
Need at least 2 settlement dates for chart

Employees

Headcount147
Revenue / Employee$43,116
Gross Profit / Employee$38,701

Cash Runway

29.6months
WATCH

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
26.9%(+11.6% YoY)
120 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
8.6%(+0.8% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.9%(+0.6% YoY)
5 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-062023-032023-122024-092025-062026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
PFIZER INC$8.3M$1.59+$0+$0+4.4%$239M
VANGUARD CAPITAL MANAGEMENT LLCPassive$7.2M$1.90+$7.2M+$7.2M$4.04T
RENAISSANCE TECHNOLOGIES LLC$4.9M$1.84+$1.8M+$4.9M+1.2%$63.91B
Kynam Capital Management, LP$4.8M$2.54+$0−$1.5M+0.5%$1.58B
BlackRock, Inc.Passive$4.1M$1.93+$4K−$8.0M-0.2%$5.69T
TWO SIGMA INVESTMENTS, LP$3.3M$2.53+$1.4M+$1.5M-0.9%$117.03B
BANK OF AMERICA CORP /DE/$2.5M$3.48+$578K+$374K-0.1%$1.36T
Aberdeen Group plc$2.3M$2.17−$335K+$1.5M-0.6%$61.88B
MARSHALL WACE, LLP$2.3M$2.59+$617K+$2.3M+0.6%$92.71B
MILLENNIUM MANAGEMENT LLC$2.0M$2.68+$584K+$481K-0.5%$127.40B
GEODE CAPITAL MANAGEMENT, LLCPassive$1.9M$5.51+$78K−$2.0M+2.3%$1.61T
Partner Fund Management, L.P.$1.8M$4.88+$0−$2.9M-1.1%$933M
MACKENZIE FINANCIAL CORP$1.8M$1.90+$1.8M+$1.8M-0.2%$83.32B
ACADIAN ASSET MANAGEMENT LLC$1.8M$2.48+$1.6M+$1.6M-0.5%$70.48B
SUSQUEHANNA INTERNATIONAL GROUP, LLPMM$1.6M$2.42−$369K+$1.2M-0.6%$77.14B
FMR LLC$1.4M$1.85−$4K−$1.4M-0.0%$1.89T
DIMENSIONAL FUND ADVISORS LPPassive$1.3M$4.61−$632K−$1.4M-0.4%$480.92B
MAVERICK CAPITAL LTD$1.2M$5.43+$0+$0-1.4%$8.60B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC$1.1M$5.93+$8K−$318K+0.7%$645.81B
Cambridge Investment Research Advisors, Inc.$1.0M$0.91−$66K−$124K-0.4%$38.49B
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
+0.26%
avg per quarter
Holders (ex-self)
+0.27%
excl. this stock
Buyers (this Q)
-0.13%
42 buyers · $0.02B in
Sellers (this Q)
+0.78%
50 sellers · $0.01B out
alpha coverage: 88% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-6.8%
how holders react when this stock falls
On quiet Qs
-10.1%
−10% to +10% baseline
On rallies (+10%+)
+0.3%
how they react when this stock rises
Holders' portfolio flow this Q
+4.9%
inflows — adds are organic
Sellers' portfolio flow this Q
-4.4%
Sellers shed AUM broadly — partly forced.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-4.9%
Holder mid (any stock)
-7.5%
Holder rally (any stock)
-7.1%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

05.4M10.8M16.2M21.6M$0.91$3.32$5.73$8.14$112021-092022-092023-092024-092025-092026-03
hover the chart for per-quarter detailprice (right axis)
Partner Fund Management, L.P.958KFMR LLC724KFARALLON CAPITAL MANAGEMENT LLCAvidity Partners Management LPPICTET ASSET MANAGEMENT SAALKEON CAPITAL MANAGEMENT LLCJANUS HENDERSON GROUP PLCElmwood Wealth Management, Inc.MAVERICK CAPITAL LTD653KRokos Capital Management LLP

Analyst Coverage

Analyst Coverage
Price Targets
Last Year (1 analysts)$7.0019660.0%
Current Price$2.36
Analyst Ratings
9
Buy: 9Consensus: Buy

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Sells ($, 12mo)
$47K
5 txns · 4 insiders · 24,317 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-02-25SELLKelly Timothy Pofficer: Chief Technology Officer6,228$1.93$12K$141K
2026-02-24SELLAlbertson Tina M.officer: Chief Medical Officer1,066$1.96$2K$134K
2026-02-24SELLKelly Timothy Pofficer: Chief Technology Officer3,147$1.96$6K$156K
2026-02-24SELLKhan Ruhi Ahmadofficer: Chief Business Officer6,938$1.96$14K$206K
2026-02-24SELLMCCLUNG BARBARA Gofficer: Chief Legal Officer6,938$1.96$14K$944K

Order Flow (FINRA, ~3w lag)

38.3%retail+3.1pp
19.5%dark-1.8pp
week of 2026-04-13
0%10%20%30%40%50%60%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

Caribou Biosciences: A CRISPR Pioneer Burning Cash at Warp Speed While Dismantling its Pipeline

Overall Risk
8/10
Fraud
4/10
Dilution
9/10
Insolvency
8/10
Earnings Overstated
5/10
Hidden Liabilities
3/10
Legal
7/10
Audit Warnings
6/10
Hidden Upside
4/10
Contextually Acceptable
5/10