Elutia Inc. logo

Elutia Inc.(ELUT)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$0.81
10/20/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ELUT

10/20/2026: ELUT (1-star) is currently NOT-A-BUY. Pass it for now.

Elutia Inc. is a medical device and regenerative medicine company focused on developing proprietary drug-eluting biomaterials designed to improve surgical outcomes. The company's primary strength lies in its specialized R&D platform, which targets the high-risk, high-reward market of managing surgical complications. Its investment story centers on the success of this next-generation pipeline as it pivots away from legacy products. Investors face significant risks, including clinical development failure, regulatory hurdles, and intense competition from established medical device incumbents. The stock is best suited for growth-oriented investors with a high risk tolerance who are closely monitoring clinical trial results and potential strategic partnerships.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company is a high-risk, high-reward bet on the success of its drug-eluting technology pipeline.
Momentum investorWeak fitThe stock lacks sustained upward momentum and typically requires significant positive clinical news to trigger interest.
Value investorWeak fitThe company is currently in a loss-making growth phase and does not offer traditional value metrics.
Dividend investorWeak fitNo dividend is paid or expected in the near term.
Low-risk investorWeak fitHigh volatility and operational uncertainty make this unsuitable for low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighSmall-cap biotech stocks frequently experience significant price swings based on clinical or regulatory updates.
Valuation riskHighValuation is highly speculative and tied to future success rather than current earnings.
Competition risk (Medical Device Incumbents)HighEstablished players have significantly more resources and established market distribution channels.
Business qualityMediumThe company is in a transformational stage with an unproven, albeit innovative, product pipeline.
Dividend incomeLow / noneInvestors should not expect any income from this security.
Execution riskHighSuccessful commercialization of new drug-eluting products is critical for survival and growth.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -31.38%
Avg. Invested days 18
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/20/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ELUT receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
ELUT has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+198.9%) and strong profitability (net margin 434.2%) are partially offset by weak cash generation (FCF margin -379.8%), negative revenue growth (-49.6%), modest insider ownership of 3.58%.

Financial Health Rating

★★★★★
ELUT's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 49.2%). Operating efficiency is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is ELUT's strongest growth driver at +198.9% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (-49.6%, negative) and free-cash-flow growth (-100.3%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 43.8% and approximately 66.6% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 3.58% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Nantahala Capital Management, LLC 14.38%
AIGH Capital Management, LLC 6.09%
Knollwood Investment Advisory LLC 5.77%
SILVERARC CAPITAL MANAGEMENT, LLC 4.95%
Vanguard Capital Management, LLC 2.58%

Unit Economics (Per $1K Revenue)

★★★★★
ELUT generates approximately $537 of gross profit, $-1,498 of operating income, and $-3,798 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 436.61%

Quantitative Style Profile

★★★★★
ELUT has a liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 36.10M USD
Price to earnings Ratio -
1Y Target Price 5
Price to earnings Ratio -
1Y Target Price 5
Volume (30-day avg) 317.9K shares
Beta 0.84
52 Weeks Range 0.50 - 1.39
Updated Date 10/20/2026
52 Weeks Range 0.50 - 1.39
Updated Date 10/20/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.64

How Company Makes Money

Business areaWhat it includesRetail investor read
Regenerative MedicineSale of biological products and medical devices like CanGaroo.The company sells specialized products used in surgery to help manage patient healing and prevent infection.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE -
Enterprise Value 22.94M
Price to Sales(TTM) 2.98
Enterprise Value 22.94M
Price to Sales(TTM) 2.98
Enterprise Value to Revenue 1.89
Enterprise Value to EBITDA -3.32
Shares Outstanding 44.29M
Shares Floating 29.48M
Shares Outstanding 44.29M
Shares Floating 29.48M
Percent Insiders 3.58
Percent Institutions 43.82

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.