CTNM · NASDAQ · Biotechnology

Contineum Therapeutics (CTNM)

Discovers and develops oral small-molecule therapies for neuroscience, inflammation and immunology.

$13.03
vs last close−0.37 (−2.76%)
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Contineum Therapeutics, Inc. Class A Common StockCTNM
Health Care

Develops oral small-molecule therapies for neuroscience, inflammation and immunology indications. Its clinical and discovery portfolio includes PIPE-791, PIPE-307 and CTX-343, with PIPE-307 subject to a global license arrangement with Janssen.

Discovers and develops oral small-molecule therapies for neuroscience, inflammation and immunology indications. The portfolio comprises clinical candidates PIPE-791, PIPE-307 and CTX-343, alongside discovery programs, within a single reportable segment.

Operations are concentrated in San Diego, while the company pursues programs for patients globally. PIPE-307 is covered by an exclusive worldwide license to Janssen; Contineum retained the right to advance it in a Phase 2 trial for relapsing-remitting multiple sclerosis.

The VISTA trial did not meet its prespecified efficacy endpoints, and Janssen has sole discretion over further PIPE-307 development for relapsing-remitting multiple sclerosis.

Company facts

CEOCarmine Stengone
ListedApr 5, 2024
ExchangeNASDAQ
HeadquartersSan Diego, CA
CountryUnited States
Employees51
CIK0001855175
ISINUS21217B1008

Market cap$504.1M
EPS (ttm)−$1.73
P/E (ttm)−7.75
ROE-24.7%
P/B2.10
P/S
Dividend yieldDiv yield
Beta1.27vs XLV 0.04

Price target$17.50+30.6%Average of 4 analysts
ConsensusBuy3 of 4 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 15, 2026Robert W. BairdTarget
Target: $14
Target: $19
May 14, 2026Morgan StanleyReiterate
Rating: Target: $14
Rating: Equal WeightTarget: $16
Jan 8, 2026Morgan StanleyDowngrade
Rating: OverweightTarget:
Rating: Equal WeightTarget: $14
Nov 24, 2025Robert W. BairdTarget
Target: $16
Target: $14
Nov 21, 2025RBC CapitalReiterate
Rating: Target: $30
Rating: OutperformTarget: $22

Next report
Oct 29, 26
estimated · in 36 days
EPS estimate
−$0.45
Revenue estimate
$5.7M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Oct '25Mar '26May '26Jul '26Oct '26
Reported−$0.56−$0.62−$0.62−$0.45−$0.49−$0.39−$0.40Pending
Estimate−$0.44−$0.56−$0.56−$0.58−$0.50−$0.55−$0.45−$0.45
Surprise−27.3%−10.7%−10.7%+22.4%+2.0%+29.1%+10.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Oct '25Mar '26May '26Jul '26Oct '26
ReportedPending
Estimate$6.0M$7.5M$5.0M$7.5M$5.7M
Surprise
Estimate−$0.45
ReportedDue Oct 29, 2026
Estimate$5.7M
ReportedDue Oct 29, 2026
View details

Debt to equity2.70%
Current ratio3,717.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$10.3M−$14.6M−$16.0M−$16.0M−$12.8M−$15.2M−$14.5M−$15.2M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$13.0M$84.7M−$18.1M−$17.9M−$14.9M−$17.1M−$16.9M−$17.4M
YoY growthLoss widenedTurned profitLoss widenedLoss widenedLoss widenedTurned lossLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $236.6M · Total debt $6.6M · Total assets $250.4M · Shareholders' equity $239.7M

Revenue
$0
Operating income
−$17.4M
Net income
−$15.2M
View details

No dividends on record.

Institutions≈ 81.76%30.76M shares
105 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.44%166.0K shares
3 holders · as of Sep 8, 2026
Strategic holders6.51%2.45M shares
1 holder · as of Feb 17, 2026
Other≈ 11.29%4.25M shares
remainder

37.62M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Suvretta Capital Management, LLCInstitution
7.55%2.84M Aas of Jun 30, 2026
Jupiter Topco LLCInstitution
7.27%2.73M Aas of Jun 30, 2026
Janus Henderson Group PLCStrategic
6.51%2.45Mfiled Feb 17, 2026
BlackRock, Inc.Institution
5.49%2.06M Aas of Jun 30, 2026
Johnson & JohnsonInstitution
5.26%1.98M Aas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 8, 2026Carmine N. Stengonedirector, officer: CEO and President−2,500$16.46
Aug 3, 2026Carmine N. Stengonedirector, officer: CEO and President−2,500$16.01
Jul 9, 2026Daniel S. Lorrainofficer: Chief Scientific Officer−25$16.00
Jul 8, 2026Carmine N. Stengonedirector, officer: CEO and President−2,500$16.00
Jul 1, 2026Daniel S. Lorrainofficer: Chief Scientific Officer−8,353$15.84
View details

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