PDS Biotechnology Corporation

NasdaqCM:PDSB Stock Report

Market Cap: US$47.6m

PDS Biotechnology Past Earnings Performance

Past criteria checks 0/6

PDS Biotechnology's earnings have been declining at an average annual rate of -13.7%, while the Biotechs industry saw earnings growing at 36.2% annually.

Key information

-13.73%

Earnings growth rate

-2.77%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth raten/a
Return on equity-856.89%
Net Marginn/a
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 26

PDSB: Future Clinical Data And Capital Raises Will Drive Upside Potential

Analysts have revised the price target for PDS Biotechnology to $7.50 from $9.00, citing updated assumptions around very large revenue growth expectations, a higher projected profit margin, a lower future P/E multiple, and a modestly adjusted discount rate. What’s in the News for PDS Biotechnology PDS Biotechnology filed a US$50 million follow-on equity offering of common stock as an at-the-market program, providing a potential source of additional capital.
New Narrative Apr 02

Amended Phase III Pathway And Long Patent Life Will Transform Future Cancer Care Potential

Catalysts About PDS Biotechnology PDS Biotechnology focuses on developing immunotherapy treatments for HPV16 positive cancers and other solid tumors. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 19

Regulatory And Financing Risks Around HPV Cancer Program Will Eventually Reward Patience

Catalysts About PDS Biotechnology PDS Biotechnology is a clinical stage company developing immunotherapy treatments for HPV16 positive cancers and other advanced solid tumors. What are the underlying business or industry changes driving this perspective?
New Narrative Mar 05

HPV Positive Cancer Tailwinds And Trial Design Shifts Will Support Long Term Potential

Catalysts About PDS Biotechnology PDS Biotechnology focuses on developing immunotherapies for HPV16-positive head and neck cancers and other advanced solid tumors. What are the underlying business or industry changes driving this perspective?
Seeking Alpha Jan 13

PDS Biotechnology: Promising Phase 2 With Cash Issues That Might Be Worth The Risk

Summary PDS Biotech is a clinical-stage company focused on developing immunotherapy-based approaches for cancer, with a focus on virus-driven tumors. Their main pipeline project is PDS0101, an immunotherapy targeting the p16 protein found in HPV16-infected cells in head and neck cancer. PDSB has shown promising clinical data, with a 74% 2-year overall survival rate in a phase 2 study, but their cash position is a concern. Read the full article on Seeking Alpha
Seeking Alpha Oct 03

PDS Biotech jumps 13% as FDA clears further development of lead asset

PDS Biotechnology (NASDAQ:PDSB), a biopharma focused on cancer immunotherapies, added 13% pre-market Monday after the company announced that a recent End-of-Phase 2 meeting with the FDA brought clarity to the late-stage development of its lead asset PDS0101. At the meeting, PDSB has submitted interim data to indicate the potential of PDS0101 against a particular form of head and neck squamous cell carcinoma (HNSCC) in combination with Merck's (MRK) anti-PD-1 therapy, Keytruda. "The interim safety and efficacy data we presented to the FDA has allowed us to move into a registrational trial ahead of our projected schedule," Chief Executive Frank Bedu-Addo remarked. The FDA has issued Fast Track designation to PDS0101/ Keytruda combo for recurrent or metastatic HPV16-positive head and neck cancer.
Seeking Alpha Aug 24

PDS Biotechnology files for $150 mixed shelf offering

PDS Biotechnology Corp. (NASDAQ:PDSB) has filed for a $150 mixed shelf offering. The filing does not necessarily indicate that a sale has begun, or will occur in the future. The company intends to use the proceeds for development and commercialization of product candidates and general corporate purposes. Separately, PDS Biotechnology (PDSB) said it entered into a debt financing agreement led by Horizon Technology Finance Corporation (HRZN) for up to $35M. Seeking Alpha's Quant Rating views PDS Biotechnology (PDSB) as a hold.
Seeking Alpha Aug 04

PDS Biotech spikes as panel backs continuation of cancer trial for lead asset

PDS Biotechnology (NASDAQ:PDSB) traded higher on Thursday after the biotech announced that an independent panel recommended its VERSATILE-002 trial for lead asset PDS0101 in combination with Merck’s (MRK) anti-PD-1 therapy, Keytruda be continued without changes.   The decision of the independent Data Monitoring Committee (DMC) was based on safety data from the study which is designed to study PDS0101 and Keytruda combo for recurrent or metastatic HPV16-positive head and neck cancer. The DMC analysis of 43 patients indicated that there were no drug discontinuations related to toxicity or treatment related Grade 3 or greater adverse events, according to the company. In May, PDS Biotech (PDSB) announced that U.K. regulators accepted its application seeking to conduct the VERSATILE-002 trial in that country.
Analysis Article Jul 08

PDS Biotechnology (NASDAQ:PDSB) Is In A Strong Position To Grow Its Business

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Seeking Alpha May 27

PDS Biotechnology: Speculative Biotech Worth Buying After Latest Data

Positive results were announced from the phase 2 NCI-led PDS0101 triple-combination study in patients with HPV16+ cancers; both CPI naive and CPI refractory patients were helped. Positive results were also announced from the phase 2 study using PDS0101 + Keytruda for recurrent or metastatic head and neck cancer patients. Proof of concept for PDS Biotechnology's Versamune T-cell activating technology platform was established. PDS Biotechnology had $58.9 million in cash as of March 31, 2022; enough cash to fund its operations into 2024.

Revenue & Expenses Breakdown

How PDS Biotechnology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:PDSB Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 260-331217
31 Dec 250-341319
30 Sep 250-351319
30 Jun 250-371321
31 Mar 250-351422
31 Dec 240-381423
30 Sep 240-411426
30 Jun 240-411525
31 Mar 240-441529
31 Dec 230-431528
30 Sep 230-511536
30 Jun 230-481434
31 Mar 230-421330
31 Dec 220-411229
30 Sep 220-281317
30 Jun 220-281316
31 Mar 220-221215
31 Dec 210-171011
30 Sep 210-15910
30 Jun 210-1279
31 Mar 210-1477
31 Dec 200-1578
30 Sep 200-1577
30 Jun 200-1787
31 Mar 200-1897
31 Dec 190-7116
30 Sep 190-5115
30 Jun 190083
31 Mar 190462
31 Dec 180-431
30 Sep 180-221
31 Dec 170-312

Quality Earnings: PDSB is currently unprofitable.

Growing Profit Margin: PDSB is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PDSB is unprofitable, and losses have increased over the past 5 years at a rate of 13.7% per year.

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

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


Return on Equity

High ROE: PDSB has a negative Return on Equity (-856.89%), 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 Analysis2026/07/06 20:22
End of Day Share Price 2026/07/02 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

PDS Biotechnology Corporation is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James MolloyAlliance Global Partners
Mayank MamtaniB. Riley Securities, Inc.
Kalpit PatelB. Riley Securities, Inc.