CytomX Therapeutics, Inc.

NasdaqGS:CTMX Stock Report

Market Cap: US$653.1m

CytomX Therapeutics Past Earnings Performance

Past criteria checks 0/6

CytomX Therapeutics has been growing earnings at an average annual rate of 48.1%, while the Biotechs industry saw earnings growing at 36.2% annually. Revenues have been growing at an average rate of 18.2% per year.

Key information

48.14%

Earnings growth rate

55.42%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth rate18.24%
Return on equity-18.48%
Net Margin-174.84%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update May 28

CTMX: Late Line Colorectal Cancer Data Will Drive Bullish Repricing Prospects

Analysts have trimmed their average price target for CytomX Therapeutics by about $1.22, citing updated expectations for revenue growth, profitability and future P/E. They still point to supportive recent research that highlights the potential of Varseta-M and CX-2051 in colorectal cancer.
Seeking Alpha May 26

CytomX Therapeutics: Cashed Up With Catalysts Ahead

Summary In March, CTMX showcased Varseta-M's potential in late-line metastatic colorectal cancer, although toxicity concerns can't be dismissed. Following the Q1'26 CRC data update, CTMX raised $234.2M, extending its cash runway and enabling broader Varseta-M development. CTMX's cash position of $346.7M supports operations into at least H2'28, with anticipated increased R&D spending as programs expand. CTMX should report updated data from its monotherapy work with Varseta-M in H2'26, and could even begin a registrational trial in H1'27. Read the full article on Seeking Alpha
Analysis Article May 13

Broker Revenue Forecasts For CytomX Therapeutics, Inc. (NASDAQ:CTMX) Are Surging Higher

CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) shareholders will have a reason to smile today, with the analysts making...
Analysis Article May 11

Earnings Update: CytomX Therapeutics, Inc. (NASDAQ:CTMX) Just Reported And Analysts Are Boosting Their Estimates

CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) defied analyst predictions to release its first-quarter results, which were...
Narrative Update Apr 23

CTMX: Late-Line Colorectal Cancer Data Will Drive 2026 Repricing Prospects

Analysts have lifted their average price target on CytomX Therapeutics by several dollars into the low to mid teens, citing stronger confidence in late line colorectal cancer data and updated views on the probability of approval for varsetatug masetecan and CX-2051. Analyst Commentary Bullish analysts are reworking their models after the latest Phase 1 expansion data for varsetatug masetecan in late line colorectal cancer and CX-2051 in colon cancer, with several firms lifting price targets into the low to high teens.
Narrative Update Apr 09

CTMX: Late-Line Colorectal Cancer Data Will Shape 2026 Repricing Path

Analysts have nudged the fair value estimate for CytomX Therapeutics to $13.67 from $13.44, citing a wave of higher price targets across the Street following positive Phase 1 expansion data in late line colorectal cancer and updated views on key pipeline assets. Analyst Commentary Street research has shifted meaningfully in recent days, with multiple firms raising price targets and at least one upgrade from a major bank, all keyed to the latest Phase 1 expansion data in late line colorectal cancer and updated views on CytomX Therapeutics' pipeline.
Narrative Update Mar 26

CTMX: Late-Line Colorectal Cancer Data Will Drive 2026 Repricing Thesis

Analysts have lifted their price targets on CytomX Therapeutics by several dollars per share, with the updated fair value estimate moving from $9.00 to about $13.44, citing stronger confidence in late-line colorectal cancer data and higher assumed profitability for key pipeline assets. Analyst Commentary Street research on CytomX Therapeutics has turned more constructive following updated clinical data in late-line colorectal cancer and corporate updates around key pipeline assets such as varsetatug masetecan, also referenced as Varseta-M, and CX-2051.
Narrative Update Mar 11

CTMX: 2026 Colorectal Cancer Milestones Will Support Repricing Thesis

Analyst price targets for CytomX Therapeutics have moved higher by a few dollars, with the latest $2 and $3.50 target increases reflecting reassessments of fair value, updated profit margin assumptions, and a very large future P/E multiple cited by recent Street research. Analyst Commentary Recent Street research on CytomX Therapeutics clusters around higher price targets, fresh coverage and updated profit margin assumptions, all tied to the potential implied by a very large future P/E multiple.
Narrative Update Feb 25

CTMX: Colorectal Cancer Pipeline Milestones Will Support Future Repricing

Analysts have nudged their price targets on CytomX Therapeutics higher by a few dollars, reflecting updated assumptions around slightly firmer revenue trends, a modestly lower profit margin profile, and a higher future P/E multiple in recent research from firms such as Barclays, Guggenheim, and Piper Sandler. Analyst Commentary Bullish analysts are framing the recent price target moves as a reflection of refreshed views on CytomX Therapeutics’ ability to execute on its plan, support revenue trends, and justify a higher P/E multiple over time.
Narrative Update Feb 11

CTMX: 2026 Colorectal Cancer Milestones Will Drive Upside Repricing Potential

Analysts have lifted their price targets on CytomX Therapeutics by a few dollars, citing updated fair value assumptions to about $9.00, modest tweaks to projected revenue declines and profit margins, and a higher assumed future P/E multiple. Analyst Commentary Recent Street research on CytomX Therapeutics has centered on modestly higher price targets and updated assumptions for fair value, revenue trends, and profit margins, along with a higher assumed future P/E multiple.
Analysis Article Jan 28

What CytomX Therapeutics, Inc.'s (NASDAQ:CTMX) 35% Share Price Gain Is Not Telling You

Despite an already strong run, CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) shares have been powering on, with a gain of...
Narrative Update Jan 27

CTMX: Colorectal Cancer Milestones And Index Additions Will Support Future Repricing

Narrative Update The analyst price target for CytomX Therapeutics has moved modestly higher to about US$10.00 per share, as analysts factor in slightly better profit margin expectations and a somewhat lower implied future P/E multiple following recent bullish initiation and target raises from several firms. Analyst Commentary Recent research updates point to a more constructive stance on CytomX Therapeutics, with bullish analysts assigning higher price targets and initiating coverage with a positive angle.
Narrative Update Jan 11

CTMX: Colorectal Cancer Data Will Support Stronger Confidence In Lead Program

Analysts have updated their price target on CytomX Therapeutics to US$7, with the shift tied to renewed confidence in CX-2051 after recent colorectal cancer data highlighted how challenging objective responses are in this setting and how the program still stands out to many on the Street. Analyst Commentary Bullish analysts are leaning into the idea that CX-2051 could be differentiated in colorectal cancer, especially after recent Phase 2 data from another company underscored how difficult it is to achieve objective responses in this setting.
Narrative Update Dec 20

CTMX: Colorectal Cancer Data Will Drive Stronger Confidence In Lead Pipeline

Analysts have raised their price target on CytomX Therapeutics, lifting estimated fair value from about $8.00 to roughly $9.80 per share. They cite growing confidence in the risk to benefit profile and blockbuster potential of CX 2051, supported by recent colorectal cancer data comparisons and stronger projected profit margins despite a higher discount rate.
Narrative Update Dec 06

CTMX: 2026 Colorectal Cancer Data Will Drive Upside Repricing Potential

Analysts have modestly raised their price target on CytomX Therapeutics to $7.00, citing growing confidence in the risk reward profile and the blockbuster potential of lead colorectal cancer candidate CX-2051. This follows supportive sector readthroughs and solid cash runway visibility.
Narrative Update Nov 22

CTMX: Upcoming 2026 Data Will Drive New Momentum in Colorectal Cancer

Analysts have increased their price target for CytomX Therapeutics from $6.14 to $7.07 per share, citing growing confidence in the risk-to-benefit profile and blockbuster potential of the company's lead clinical program. This adjustment is based on recent industry data and supportive coverage.
Analysis Article Nov 13

Analysts Just Shaved Their CytomX Therapeutics, Inc. (NASDAQ:CTMX) Forecasts Dramatically

Today is shaping up negative for CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) shareholders, with the analysts delivering a...
Narrative Update Nov 05

CTMX: Clinical Momentum Will Drive Shares Higher Despite Recent Safety Concerns

Analysts have modestly increased their price target on CytomX Therapeutics to $6.14 per share, citing ongoing enthusiasm for the CX-2051 program. They also point to reinforced confidence following recent clinical updates and the initiation of coverage.
Narrative Update Oct 22

Analyst Commentary Signals Renewed Optimism as CytomX Therapeutics Receives Higher Price Target

Analysts have increased their fair value price target for CytomX Therapeutics from $5.75 to $6.14 per share. This change reflects growing optimism for CX-2051's clinical potential and resilient investor sentiment despite recent safety updates.
Analysis Article Oct 18

CytomX Therapeutics, Inc. (NASDAQ:CTMX) Soars 66% But It's A Story Of Risk Vs Reward

CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) shareholders would be excited to see that the share price has had a great...
Analysis Article Aug 14

Not Many Are Piling Into CytomX Therapeutics, Inc. (NASDAQ:CTMX) Stock Yet As It Plummets 26%

CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) shareholders won't be pleased to see that the share price has had a very...
Narrative Update Aug 11

Late-Stage Trials And Partnerships Will Advance Precision Medicine Despite Setbacks

CytomX Therapeutics’ consensus price target has increased notably, driven by a substantially higher expected P/E despite a decline in net profit margin, resulting in a revised fair value of $5.75 per share. What's in the News First patient dosed with CX-801 in combination with KEYTRUDA in a Phase 1 dose escalation study for metastatic melanoma.
Analysis Article Jun 18

Here's Why We Think CytomX Therapeutics (NASDAQ:CTMX) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article May 20

CytomX Therapeutics, Inc.'s (NASDAQ:CTMX) Shares Leap 225% Yet They're Still Not Telling The Full Story

CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) shareholders would be excited to see that the share price has had a great...
Analysis Article May 16

CytomX Therapeutics, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) just released its quarterly report and things are looking bullish. Statutory...
Analysis Article Apr 05

Revenues Working Against CytomX Therapeutics, Inc.'s (NASDAQ:CTMX) Share Price Following 26% Dive

Unfortunately for some shareholders, the CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) share price has dived 26% in the...
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New Narrative Feb 09

Advancements In CX-904 And CX-2051 May Drive Future Revenue Amid Funding Uncertainties

Multiple clinical readouts in 2025 could boost shareholder value and future revenue via new drug approvals.
Analysis Article Feb 04

CytomX Therapeutics, Inc. (NASDAQ:CTMX) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) shares have had a horrible month, losing 26% after a relatively good period...
Analysis Article Dec 17

CytomX Therapeutics, Inc.'s (NASDAQ:CTMX) Shares Bounce 26% But Its Business Still Trails The Industry

Those holding CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) shares would be relieved that the share price has rebounded 26...
Analysis Article Oct 26

Investors Aren't Buying CytomX Therapeutics, Inc.'s (NASDAQ:CTMX) Revenues

With a price-to-sales (or "P/S") ratio of 0.7x CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) may be sending very bullish...
Seeking Alpha Jul 15

CytomX Therapeutics' Probody Platform: Potential And Pitfalls In Oncology Treatments

Summary CytomX Therapeutics develops innovative oncology treatments using its Probody platform, creating conditionally activated biologics that increase drug efficiency and reduce side effects. Strategic partnerships with leading companies like Amgen, Astellas, and Bristol Myers Squibb leverage CTMX's Probody platform for drug development. The pipeline includes early-stage drugs CX-904, CX-2051, and CX-801, with preclinical programs. CTMX has a short cash runway and potential dilution risks in the next few years. I ultimately rate CTMX a “hold” due to balanced positives and negatives, but I think it's worth adding to your watchlist. Read the full article on Seeking Alpha
Analysis Article Jun 15

The Market Doesn't Like What It Sees From CytomX Therapeutics, Inc.'s (NASDAQ:CTMX) Revenues Yet As Shares Tumble 30%

The CytomX Therapeutics, Inc. ( NASDAQ:CTMX ) share price has fared very poorly over the last month, falling by a...

Revenue & Expenses Breakdown

How CytomX Therapeutics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:CTMX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2636-623067
31 Dec 2576-202967
30 Sep 25114282862
30 Jun 25141483068
31 Mar 25148423180
31 Dec 24138323083
30 Sep 24127143288
30 Jun 24120113183
31 Mar 24119173079
31 Dec 23101-13078
30 Sep 2395-103073
30 Jun 2379-423487
31 Mar 2368-713897
31 Dec 2253-9940107
30 Sep 2221-14942129
30 Jun 2227-14343127
31 Mar 2230-13240122
31 Dec 2137-11639114
30 Sep 2166-7239100
30 Jun 2166-643695
31 Mar 2167-613692
31 Dec 2068-6536113
30 Sep 2092-5436127
30 Jun 2085-6336131
31 Mar 2078-7637138
31 Dec 1927-13337132
30 Sep 1961-9937123
30 Jun 1962-9936123
31 Mar 1975-8336118
31 Dec 1860-8534104
30 Sep 1875-523296
30 Jun 1887-393098
31 Mar 1874-5027100
31 Dec 1772-432692
30 Sep 1751-582387
30 Jun 1730-622271
31 Mar 1724-512156
31 Dec 1615-592055
30 Sep 1611-571949
30 Jun 169-571845
31 Mar 168-501637
31 Dec 158-421328
30 Sep 158-361123
30 Jun 158-26818

Quality Earnings: CTMX is currently unprofitable.

Growing Profit Margin: CTMX is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CTMX is unprofitable, but has reduced losses over the past 5 years at a rate of 48.1% per year.

Accelerating Growth: Unable to compare CTMX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CTMX is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (54.5%).


Return on Equity

High ROE: CTMX has a negative Return on Equity (-18.48%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/07 21:22
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CytomX Therapeutics, Inc. is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter LawsonBarclays
Etzer DaroutBarclays
Ying HuangBofA Global Research