CBUS · NASDAQ · Biotechnology

Cibus (CBUS)

Develops crop traits through gene editing and licenses them to seed companies.

$1.59
After hours−0.02 (−1.12%)
At close$1.61(+3.08%)
Loading prices…

Cibus, Inc.CBUS
Health Care

Develops productivity traits for major row crops using the RTDS and Trait Machine processes. Rather than sell seed, Cibus adapts traits to a customer's elite variety and licenses them for royalties.

Uses RTDS and the Trait Machine process to develop productivity traits for major row crops. Its commercial model edits a cell from a seed company's existing variety, regenerates a plant with the requested trait, and licenses the resulting trait for royalties instead of selling seed.

Development work spans canola, rice, soybean, wheat, and alfalfa, including herbicide-tolerance work in rice and a bio-based fermentation biofragrance program.

Commercial activities sit in one reportable segment and remain a trait-development and licensing pipeline rather than a mature product-revenue portfolio. Commercialization depends on scaling high-quality plants and seed cost-effectively, crop acceptance and performance within seed and downstream systems, regulatory treatment of gene-edited products, commodity-market conditions, and capital availability.

Company facts

CEOCraig Wichner
ListedJun 1, 2023
ExchangeNASDAQ
HeadquartersSan Diego, CA
CountryUnited States
Employees118
CIK0001705843
ISINUS17166A1016

Market cap$119.1M
EPS (ttm)−$1.65
P/E (ttm)−0.9455
ROE-320.6%
P/B8.04
P/S27.39
Dividend yieldDiv yield
Beta2.15vs XLV 0.22

Price target$11.50+605.5%Average of 4 analysts
ConsensusBuy3 of 4 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 12, 26
in 51 days
EPS estimate
−$0.20
Revenue estimate
$1.3M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.87−$1.34−$0.61−$0.44−$0.42−$0.33−$0.29Pending
Estimate−$0.68−$0.70−$0.69−$0.41−$0.43−$0.35−$0.19−$0.20
Surprise−27.9%−91.4%+11.6%−7.3%+2.3%+5.7%−52.6%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported$1.2M$1.0M$933.0K$615.0K$1.1M$1.7M$994.0KPending
Estimate$1.2M$1.1M$1.1M$1.4M$1.6M$1.6M$1.7M$1.3M
Surprise+5.4%−9.3%−18.0%−55.8%−35.7%+4.7%−41.7%
Estimate−$0.20
ReportedDue Nov 12, 2026
Estimate$1.3M
ReportedDue Nov 12, 2026
View details

Debt to equity221.20%
Current ratio162.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.4M$1.2M$1.0M$933.0K$615.0K$1.1M$1.7M$994.0K
Net income−$180.0M−$23.1M−$46.9M−$25.4M−$23.5M−$31.3M−$21.2M−$22.1M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$200.4M−$18.0M−$41.6M−$17.9M−$15.4M−$13.5M−$12.1M−$12.9M
YoY growthLoss widenedLoss narrowedLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $20.4M · Total debt $32.7M · Total assets $313.4M · Shareholders' equity $14.8M

Revenue
$994.0K
Operating income
−$12.9M
Net income
−$22.1M
View details

No dividends on record.

Institutions24.23%18.52M shares
62 holders · as of Jun 30, 2026
Insiders24.06%18.39M shares
10 holders · as of Jun 10, 2026
Other51.71%39.52M shares
remainder

76.43M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Rory B. RiggsInsiderdirector, 10 percent owner
19.52%14.92Mfiled Feb 2, 2026
FMR LLCInstitution
14.98%11.45Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
3.01%2.30Mas of Jun 30, 2026
Craig WichnerInsiderofficer: CEO
1.17%894,309filed Jun 10, 2026
Jean-Pierre Jules LehmannInsiderdirector
1.00%763,904filed Jun 4, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 13, 2025Noel Sauerofficer: Sr VP, Research−4$1.49
View details

  • Corteva

    Seed traits and gene-edited crop genetics at global scale

CompareAfter hours

CompanyPriceChange
Cibus$1.59−1.12%$119.1M27.4+6.5%
Corteva$80.34+0.07%$52.90B52.420.33.0−1.2%
Median52.420.33.0−1.2%