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Lite Strategy, Inc.NasdaqCM:LITS Stock Report

Market Cap US$44.4m
Share Price
US$1.24
My Fair Value
n/a
1Y-41.6%
7D7.0%
Portfolio Value
View

Lite Strategy, Inc.

NasdaqCM:LITS Stock Report

Market Cap: US$44.4m

Lite Strategy (LITS) Stock Overview

A clinical-stage pharmaceutical company, focuses on the development of novel and differentiated therapies for the treatment of cancer. More details

LITS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

LITS Community Fair Values

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Lite Strategy, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Lite Strategy
Historical stock prices
Current Share PriceUS$1.22
52 Week HighUS$9.00
52 Week LowUS$0.95
Beta0.083
1 Month Change5.17%
3 Month Change18.45%
1 Year Change-41.63%
3 Year Change-82.84%
5 Year Change-97.73%
Change since IPO-99.90%

Recent News & Updates

Recent updates

Analysis Article Feb 17

New Forecasts: Here's What Analysts Think The Future Holds For MEI Pharma, Inc. (NASDAQ:MEIP)

MEI Pharma, Inc. ( NASDAQ:MEIP ) shareholders will have a reason to smile today, with the analysts making substantial...
Analysis Article Dec 30

Increases to CEO Compensation Might Be Put On Hold For Now at MEI Pharma, Inc. (NASDAQ:MEIP)

Key Insights MEI Pharma to hold its Annual General Meeting on 05 January 2023 CEO Dan Gold's total compensation...
Analysis Article Nov 19

Need To Know: Analysts Are Much More Bullish On MEI Pharma, Inc. (NASDAQ:MEIP)

Celebrations may be in order for MEI Pharma, Inc. ( NASDAQ:MEIP ) shareholders, with the analysts delivering a...
Analysis Article May 18

We're Hopeful That MEI Pharma (NASDAQ:MEIP) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Mar 26

Need To Know: The Consensus Just Cut Its MEI Pharma, Inc. (NASDAQ:MEIP) Estimates For 2022

The analysts covering MEI Pharma, Inc. ( NASDAQ:MEIP ) delivered a dose of negativity to shareholders today, by making...
Analysis Article Feb 12

Newsflash: MEI Pharma, Inc. (NASDAQ:MEIP) Analysts Have Been Trimming Their Revenue Forecasts

Market forces rained on the parade of MEI Pharma, Inc. ( NASDAQ:MEIP ) shareholders today, when the analysts downgraded...
Seeking Alpha Feb 01

MEI Pharma: Another PI3K Delta Progressing To The FDA

MEIP's lead asset is zandelisib, an oral PI3K delta inhibitor. In two studies in Follicular lymphoma, zandelisib has shown strong data. What should concern MEI is the FDA's issue with safety for the entire PI3K delta class.
Analysis Article Dec 02

Need To Know: Analysts Just Made A Substantial Cut To Their MEI Pharma, Inc. (NASDAQ:MEIP) Estimates

One thing we could say about the analysts on MEI Pharma, Inc. ( NASDAQ:MEIP ) - they aren't optimistic, having just...
Analysis Article Nov 04

We're Not Very Worried About MEI Pharma's (NASDAQ:MEIP) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Feb 25

The Independent Non-Executive Director of MEI Pharma, Inc. (NASDAQ:MEIP), Frederick Driscoll, Just Sold 40% Of Their Holding

We'd be surprised if MEI Pharma, Inc. ( NASDAQ:MEIP ) shareholders haven't noticed that the Independent Non-Executive...
Analysis Article Feb 11

New Forecasts: Here's What Analysts Think The Future Holds For MEI Pharma, Inc. (NASDAQ:MEIP)

Celebrations may be in order for MEI Pharma, Inc. ( NASDAQ:MEIP ) shareholders, with the analysts delivering a...

Shareholder Returns

LITSUS BiotechsUS Market
7D7.0%1.3%2.2%
1Y-41.6%42.0%31.1%

Return vs Industry: LITS underperformed the US Biotechs industry which returned 42% over the past year.

Return vs Market: LITS underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is LITS's price volatile compared to industry and market?
LITS volatility
LITS Average Weekly Movement8.1%
Biotechs Industry Average Movement10.7%
Market Average Movement7.3%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: LITS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: LITS's weekly volatility has decreased from 13% to 8% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20004Jay Filewww.litestrategy.com

Lite Strategy, Inc. a clinical-stage pharmaceutical company, focuses on the development of novel and differentiated therapies for the treatment of cancer. The company was formerly known as MEI Pharma, Inc. and changed its name to Lite Strategy, Inc. in September 2025. Lite Strategy, Inc. was incorporated in 2000 and is based in San Diego, California.

Lite Strategy, Inc. Fundamentals Summary

How do Lite Strategy's earnings and revenue compare to its market cap?
LITS fundamental statistics
Market capUS$44.36m
Earnings (TTM)-US$39.70m
Revenue (TTM)n/a
0.0x
P/S Ratio
-1.1x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LITS income statement (TTM)
RevenueUS$0
Cost of RevenueUS$2.11m
Gross Profit-US$2.11m
Other ExpensesUS$37.59m
Earnings-US$39.70m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-1.09
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did LITS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 17:57
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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

Lite Strategy, Inc. is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen V. ByrneBofA Global Research
Leah Rush CannBrookline Capital Markets
Daniel BrimsCantor Fitzgerald & Co.