Soleno Therapeutics, Inc.

NasdaqCM:SLNO Stock Report

Market Cap: US$2.2b

Soleno Therapeutics Valuation

Is SLNO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SLNO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SLNO's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SLNO's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SLNO?

Key metric: As SLNO is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for SLNO. This is calculated by dividing SLNO's market cap by their current book value.
What is SLNO's PB Ratio?
PB Ratio8.2x
BookUS$264.70m
Market CapUS$2.17b

Price to Book Ratio vs Peers

How does SLNO's PB Ratio compare to its peers?

The above table shows the PB ratio for SLNO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average3.4x
BEAM Beam Therapeutics
2.8x-2.1%US$2.2b
CNTA Centessa Pharmaceuticals
5x13.0%US$2.4b
IDYA IDEAYA Biosciences
1.7x27.9%US$2.1b
CGON CG Oncology
4.1x44.4%US$2.3b
SLNO Soleno Therapeutics
8.2x58.4%US$2.2b

Price-To-Book vs Peers: SLNO is expensive based on its Price-To-Book Ratio (8.2x) compared to the peer average (3.4x).

Price to Book Ratio vs Industry

How does SLNO's PB Ratio compare vs other companies in the US Biotechs Industry?

72 CompaniesPrice / BookEstimated GrowthMarket Cap
SLRN Acelyrin
0.4x16.8%US$190.62m
LYEL Lyell Immunopharma
0.3x-13.7%US$172.67m
NKTX Nkarta
0.4x-8.3%US$165.13m
FATE Fate Therapeutics
0.4x-4.1%US$159.45m
SLNO 8.2xIndustry Avg. 1.6xNo. of Companies78PB01.63.24.86.48+
72 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: SLNO is expensive based on its Price-To-Book Ratio (8.2x) compared to the US Biotechs industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is SLNO's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SLNO PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio8.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SLNO's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SLNO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$50.37
US$74.29
+47.5%
10.8%US$93.00US$67.00n/a7
Feb ’26US$50.23
US$74.29
+47.9%
10.8%US$93.00US$67.00n/a7
Jan ’26US$44.95
US$74.25
+65.2%
10.1%US$93.00US$67.00n/a8
Dec ’25US$52.71
US$74.25
+40.9%
10.1%US$93.00US$67.00n/a8
Nov ’25US$55.86
US$73.57
+31.7%
12.4%US$93.00US$61.00n/a7
Oct ’25US$49.63
US$72.43
+45.9%
13.3%US$93.00US$61.00n/a7
Sep ’25US$48.95
US$70.29
+43.6%
15.1%US$93.00US$59.00n/a7
Aug ’25US$49.20
US$67.29
+36.8%
17.0%US$93.00US$59.00n/a7
Jul ’25US$42.29
US$67.29
+59.1%
17.0%US$93.00US$59.00n/a7
Jun ’25US$42.08
US$67.29
+59.9%
17.0%US$93.00US$59.00n/a7
May ’25US$47.54
US$65.17
+37.1%
20.2%US$93.00US$51.00n/a6
Apr ’25US$41.49
US$64.33
+55.1%
21.2%US$93.00US$51.00n/a6
Mar ’25US$49.19
US$63.17
+28.4%
23.7%US$93.00US$44.00n/a6
Feb ’25US$46.92
US$53.60
+14.2%
13.3%US$63.00US$44.00US$50.235
Jan ’25US$40.25
US$50.50
+25.5%
13.2%US$59.00US$44.00US$44.954
Dec ’24US$29.83
US$45.50
+52.5%
17.6%US$59.00US$39.00US$52.714
Nov ’24US$24.01
US$37.00
+54.1%
7.6%US$39.00US$33.00US$55.863
Oct ’24US$29.51
US$37.67
+27.6%
5.0%US$39.00US$35.00US$49.633
Sep ’24US$4.98
US$12.33
+147.7%
38.8%US$19.00US$8.00US$48.953
Aug ’24US$4.95
US$12.33
+149.2%
38.8%US$19.00US$8.00US$49.203
Jul ’24US$4.29
US$9.00
+109.8%
11.1%US$10.00US$8.00US$42.292
Jun ’24US$5.88
US$9.00
+53.1%
11.1%US$10.00US$8.00US$42.082
May ’24US$3.65
US$9.00
+146.6%
11.1%US$10.00US$8.00US$47.542
Apr ’24US$2.14
US$9.00
+320.6%
11.1%US$10.00US$8.00US$41.492
Mar ’24US$2.41
US$9.00
+273.4%
11.1%US$10.00US$8.00US$49.192
Feb ’24US$2.82
US$9.00
+219.1%
11.1%US$10.00US$8.00US$46.922
Analyst Price Target
Consensus Narrative from 7 Analysts
US$74.29
Fair Value
32.2% undervalued intrinsic discount
7
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/08 07:25
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Soleno Therapeutics, Inc. is covered by 11 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
Brian SkorneyBaird
Kristen KluskaCantor Fitzgerald & Co.
François BriseboisCraig-Hallum Capital Group LLC