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CRNX 2-star rating from Upturn Advisory
Crinetics Pharmaceuticals Inc (CRNX) company logo

Crinetics Pharmaceuticals Inc (CRNX)

Crinetics Pharmaceuticals Inc (CRNX) 2-star rating from Upturn Advisory
$43.39
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Upturn Advisory Summary

02/25/2026: CRNX (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

3 star rating from financial analysts

17 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $85

1 Year Target Price $85

Analysts Price Target For last 52 week
$85 Target price
52w Low $24.1
Current$43.39
52w High $57.99
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Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.56B USD
Price to earnings Ratio -
1Y Target Price 85
Price to earnings Ratio -
1Y Target Price 85
Volume (30-day avg) 17
Beta 0.19
52 Weeks Range 24.10 - 57.99
Updated Date 02/24/2026
52 Weeks Range 24.10 - 57.99
Updated Date 02/24/2026
Dividends yield (FY) -
Basic EPS (TTM) -4.53
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Earnings Date

Report Date 2026-03-04
When -
Estimate -1.28
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -99710.49%

Management Effectiveness

Return on Assets (TTM) -28%
Return on Equity (TTM) -44.42%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 2762821510
Price to Sales(TTM) 2973.18
Enterprise Value 2762821510
Price to Sales(TTM) 2973.18
Enterprise Value to Revenue 1984.79
Enterprise Value to EBITDA -13.4
Shares Outstanding 102511840
Shares Floating 87132534
Shares Outstanding 102511840
Shares Floating 87132534
Percent Insiders 1.99
Percent Institutions 121.62

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Crinetics Pharmaceuticals Inc

Crinetics Pharmaceuticals Inc(CRNX) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Crinetics Pharmaceuticals Inc. was founded in 2017 with a mission to develop therapies for rare endocrine disorders. The company has rapidly advanced its pipeline through innovative research and strategic partnerships. A significant milestone was the successful completion of Phase 2 trials for its lead candidate, balgricap. The company is focused on addressing unmet medical needs in conditions like Cushing's disease and acromegaly.

Company business area logo Core Business Areas

  • Endocrine Disorder Therapeutics: Crinetics Pharmaceuticals Inc. is dedicated to the discovery, development, and commercialization of novel therapeutics for rare endocrine disorders. This includes the development of small molecule drugs targeting specific hormonal pathways that are dysregulated in these conditions.

leadership logo Leadership and Structure

Crinetics Pharmaceuticals Inc. is led by a seasoned management team with expertise in biotechnology, drug development, and commercialization. Specific leadership details, including the CEO, CFO, and heads of R&D and clinical operations, can be found on their corporate website and SEC filings. The company operates with a focused, integrated structure to expedite drug development.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Balgricap (CRN0001): Balgricap is an investigational oral somatostatin receptor 5 (SSTR5) antagonist developed for the treatment of endogenous Cushing's syndrome. Clinical trials have demonstrated its efficacy in reducing cortisol levels. Market share data is not yet applicable as the drug is in late-stage development. Competitors in the Cushing's syndrome space include Recordati (Isturisa) and HRA Pharma (Zoptarelin doxorubicin).

Market Dynamics

industry overview logo Industry Overview

The rare endocrine disorder therapeutics market is a niche but growing segment of the pharmaceutical industry. It is characterized by high unmet medical needs, significant scientific innovation, and a regulatory environment that often provides incentives for rare disease drug development. The market is driven by increasing diagnosis rates, advancements in genetic understanding, and the pursuit of targeted therapies.

Positioning

Crinetics Pharmaceuticals Inc. is positioned as an innovator in the rare endocrine disease space, focusing on developing first-in-class or best-in-class therapies. Its competitive advantage lies in its deep scientific understanding of hormonal pathways, its focused pipeline targeting significant unmet needs, and its experienced leadership team.

Total Addressable Market (TAM)

The total addressable market for rare endocrine disorders is substantial and growing, with specific sub-segments like Cushing's syndrome and acromegaly representing hundreds of millions to billions of dollars annually. Crinetics Pharmaceuticals Inc. is positioned to capture a significant portion of this TAM with its lead candidate, balgricap, and future pipeline developments.

Upturn SWOT Analysis

Strengths

  • Focused pipeline on rare endocrine disorders with significant unmet needs.
  • Experienced management team with a proven track record in drug development.
  • Promising clinical data for lead candidate, balgricap.
  • Potential for orphan drug designation and market exclusivity.

Weaknesses

  • Early-stage company with limited commercialization experience.
  • Reliance on the success of a single lead candidate.
  • Need for substantial future funding for late-stage trials and commercial launch.

Opportunities

  • Potential for significant market penetration in underserved rare disease areas.
  • Expansion of pipeline into other rare endocrine disorders.
  • Strategic partnerships or acquisition by larger pharmaceutical companies.
  • Favorable regulatory pathways for rare disease treatments.

Threats

  • Clinical trial failures or unexpected side effects.
  • Competition from other companies developing similar therapies.
  • Pricing pressures and reimbursement challenges.
  • Changes in regulatory landscape.

Competitors and Market Share

Key competitor logo Key Competitors

  • Recordati (RCY)
  • HRA Pharma (not publicly traded directly in US)

Competitive Landscape

Crinetics Pharmaceuticals Inc. competes in a landscape with established pharmaceutical companies and other emerging biotech firms. Its advantage lies in its targeted approach to specific rare endocrine disorders, aiming for potentially differentiated therapeutic profiles. The main disadvantage is its smaller size and reliance on a single key asset compared to larger, diversified competitors.

Growth Trajectory and Initiatives

Historical Growth: Crinetics Pharmaceuticals Inc.'s historical growth has been characterized by the advancement of its pipeline through preclinical and clinical development stages, securing significant funding rounds, and building its scientific and operational teams. Growth is measured by progress in R&D milestones rather than traditional revenue growth.

Future Projections: Future growth projections are contingent on the successful completion of clinical trials for balgricap, regulatory approval, and subsequent commercial launch. Analyst estimates would focus on potential peak sales for balgricap and the future value of its pipeline.

Recent Initiatives: Recent initiatives would include the progression of balgricap through clinical trials (e.g., Phase 3), potential regulatory submissions, and the exploration of new drug candidates or indications.

Summary

Crinetics Pharmaceuticals Inc. is a promising clinical-stage biotechnology company focused on rare endocrine disorders, with a lead drug candidate, balgricap, showing strong potential. Its strengths lie in its specialized focus and experienced team, while its weaknesses include its early stage and reliance on one drug. The company has significant opportunities for growth if it navigates clinical and regulatory hurdles successfully, but must remain vigilant of competitive threats and funding needs.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q, S-1)
  • Company Investor Relations
  • Industry Analyst Reports
  • Financial Data Providers (e.g., Bloomberg, Refinitiv - data synthesized for this response)

Disclaimers:

This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute financial advice. Investment decisions should be made after consulting with a qualified financial advisor and conducting independent research. Market share data for development-stage products is not yet established. Competitor information is subject to change.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Crinetics Pharmaceuticals Inc

Exchange NASDAQ
Headquaters San Diego, CA, United States
IPO Launch date 2018-07-18
Founder, President, CEO & Director Dr. R. Scott Struthers Ph.D.
Sector Healthcare
Industry Biotechnology
Full time employees 437
Full time employees 437

Crinetics Pharmaceuticals, Inc., a clinical-stage pharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors. The company's lead product candidate is Paltusotine, an oral selective nonpeptide somatostatin receptor type 2 agonist, which is in a Phase 3 clinical trial for the treatment of acromegaly and carcinoid syndrome associated with neuroendocrine tumors. It is also developing Atumelnant, an investigational oral nonpeptide product candidate to antagonize the adrenocorticotrophic hormone (ACTH) receptor that has completed a Phase 1 study for the treatment of diseases caused by excess ACTH, including congenital adrenal hyperplasia and cushing's disease; and CRN09682, a nonpeptide drug conjugate for SST2 positive solid tumors. In addition, the company is developing antagonists of the parathyroid hormone (PTH) receptor for the treatment of primary hyperparathyroidism and humoral hypercalcemia of malignancy, and other diseases of excess PTH; thyroid-stimulating hormone receptor antagonists for the treatment of graves' disease and thyroid eye disease; SST3 Agonist program for the treatment for autosomal dominant polycystic kidney disease; and Radionetics for multiple solid-tumors, as well as Oral GLP-1 and Oral GIP nonpeptides for the treatment of obesity. The company has an agreement with Sanwa Kagaku Kenkyusho Co., Ltd to develop and commercialize Paltusotine in Japan, and Cellular Longevity, Inc. to develop and commercialize CRN01941, a somatostatin receptor type 2 agonist. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California.