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BBNX

Beta Bionics, Inc.
$19.34
+5.11% Oct 22 close
Healthcare CompareTechnicals
-58%-30%-1%+27%+56%Oct 2025Oct 2026Apr 202652w high $32.7152w low $8.80
BBNXSPY
1W
+11.7%
1M
-15.2%
3M
+19.9%
6M
+69.2%
YTD
-36.5%
1Y
-8.9%

Health check

Financial health
DistressGrey zoneSafe
Safe zone
Altman Z-score 14.9
Above 2.99 is the safe zone, below 1.81 the distress zone.
Quality
WeakAverageStrong
Average
Piotroski F-score 5 of 9
See the tests
  • ✗Positive net income
  • ✗Positive operating cash flow
  • ✓Return on assets improved
  • ✓Cash flow above net income
  • ✓Long-term debt / assets fell
  • ✓Current ratio improved
  • ✗No share dilution
  • ✓Gross margin improved
  • ✗Asset turnover improved

Computed by Coteau from the company's SEC filings (latest balance sheet Jun 30, 2026). Descriptive, not a forecast.

Live chart

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What they do

Beta Bionics, Inc., a commercial-stage medical device company, engages in the design, development, and commercialization of solutions to enhance the health and quality of life of insulin-requiring people with diabetes. It offers iLet Bionic Pancreas, an insulin delivery device for the treatment of type 1 diabetes in adults and children six years of age and older.

Healthcare · Medical Devices

For information only · Important disclosures

Grades vs sector

No sector grades for BBNX yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Systematic Models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
BBNX INVESTOR DEADLINE: Beta Bionics Investors with Substantial Losses Have Opportunity to Lead Securities Class Action
PR Newswire · 5h ago
Beta Bionics (NASDAQ: BBNX) Faces Securities Fraud Class Action Amid iLet FDA Compliance - Hagens Berman
PR Newswire · Oct 21
Beta Bionics, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - BBNX
PR Newswire · Oct 20

Key stats

Market value$992.6M
P/E (next 12 months, estimated)-8.5
52-week range$8.80 – $32.71
Revenue growth (latest quarter vs a year ago)+37.8%
Dividend yieldNo dividend
Analyst consensusBuy (14)
Average analyst price target$24.24 (+25%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
No cash-flow valuation
Model read-out from the numbers below, not advice. Score +1 (DCF counts double).
•Piotroski F-score5/9
▲Altman Z14.9 (safe)
▲Analyst target+25% (14 analysts)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.
Reverse DCFfor context, not a signal
Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.00 (n/a) × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $-2.16 vs trailing $-1.64. Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$1.9M
as of 2026-06-30
vs a year ago
+73%
YoY
× TTM revenue
0.02×
coverage
23-12
24-12
25-03
25-06
25-09
25-12
26-03
26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
58.3%
Operating margin
-69.8%
FCF margin
-51.6%
Net margin
-61.3%
Return on equity
-28.5%
Return on invested capital
-86.4%
Net debt / EBITDA
–
Current ratio
8.9×
Interest cover
–
Cash conversion (OCF/NI)
–
Piotroski F-score 5/9 · last two fiscal years
✗ Positive net income✗ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✗ No share dilution✓ Gross margin improved✗ Asset turnover improved

Altman Z-score 14.9 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$24
+25%
Analysts
14
Buy
Range
$16–$30
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$100.3M$-73.2M$-56.2M
2024$65.1M$-54.8M$-51.7M
2023$12.0M$-44.1M$-32.8M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR –.

Earnings

BBNX earningsNext report in 4 days
Next report · quarter Sep 2026
Tue Oct 27, 2026After the close
EPS consensus-$0.51 range -$0.55–-$0.46
Revenue consensus$34.6M 10 analysts
Last 4 quarters · EPS vs estimate
Jul 29, 2026-$0.36est -$0.56+35.1%Above estimates
Apr 21, 2026-$0.36est -$0.45+21.1%Above estimates
Feb 17, 2026-$0.19est -$0.38+49.4%Above estimates
Oct 28, 2025-$0.33est -$0.41+19.8%Above estimates

In line = within 1% of the estimate.

Source: Yahoo Finance · report time: Nasdaq earnings calendar · refreshed 2026-10-21 18:23:14 ET
25-0325-0525-0725-1026-0226-0426-07-2.720.00
EstimateActual (beat)Actual (miss)

Quarterly revenue

QuarterRevenueYoY
2026-06-30$32.0M+37.8%
2026-03-31$27.6M–
2025-12-31$32.1M–
2025-09-30$27.3M–
2025-06-30$23.2M–
Rating changes
Initiated
2026-10-12 · Jefferies started covering BBNX at Buy
Reiterated
2026-09-24 · Truist Securities reiterated Buy on BBNX
Initiated
2026-09-23 · Wells Fargo started covering BBNX at Overweight
Reiterated
2026-09-15 · B of A Securities reiterated Neutral on BBNX
Reiterated
2026-09-15 · Truist Securities reiterated Buy on BBNX
Reiterated
2026-09-15 · Baird reiterated Neutral on BBNX

Third-party analyst actions, not Coteau's views. All rating changes

Insider trades
Hopman Mark
Chief Commercial Officer · 2026-10-14
Sell
$13.4K
Hopman Mark
Chief Commercial Officer · 2026-10-01
Sell
$7.0K
Jones Christy
Director · 2026-09-22
Sell
$147.9K
Mensinger Mike
Chief Product Officer · 2026-09-16
Sell
$58.3K
Hopman Mark
Chief Commercial Officer · 2026-09-16
Sell
$619.6K
Hopman Mark
Chief Commercial Officer · 2026-09-14
Sell
$12.0K
Hopman Mark
Chief Commercial Officer · 2026-09-09
Sell
$680.7K
Saint Sean
Director, President & CEO · 2026-09-03
Sell
$113.3K
Saint Sean
Director, President & CEO · 2026-09-02
Sell
$322.4K
Feider Stephen
Chief Financial Officer · 2026-09-02
Sell
$127.6K
Mensinger Mike
Chief Product Officer · 2026-09-02
Sell
$83.6K
Russell Steven Jon
Chief Medical Officer · 2026-09-02
Sell
$80.7K

Stats refreshed 2026-10-21 18:23:14 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Beta 0.9 · Oct 21, 2026