Lifecore Biomedical Inc. logo

Lifecore Biomedical Inc.(LFCR)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$4.2
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for LFCR

09/25/2026: LFCR (1-star) is currently NOT-A-BUY. Pass it for now.

Lifecore Biomedical is a specialized contract development and manufacturing organization (CDMO) focused on complex sterile injectable products. Following a strategic transformation from a diversified holding company to a pure-play medical provider, the company offers a focused exposure to the drug delivery market. Its primary strengths reside in its technical expertise in sterile fill-finish and proprietary hyaluronic acid technology. However, the company faces execution risks related to operational scaling, high customer concentration, and intense competition from larger, global contract manufacturers. Investors should monitor progress in securing high-value manufacturing contracts and maintaining regulatory compliance, as these are critical factors for long-term growth in this niche, capital-intensive sector.

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 offers growth potential through CDMO service expansion but carries operational risks.
Momentum investorMixed fitMomentum depends on the stock demonstrating consistent positive signals following strategic milestones.
Value investorWeak fitValuation is difficult to assess given the recent restructuring and transition phase.
Dividend investorWeak fitThe company does not pay a dividend and is reinvesting cash into operations.
Low-risk investorWeak fitThe company's status as a smaller player in a highly regulated industry involves significant business risk.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to fluctuations based on operational news and sectoral sentiment.
Valuation riskMedium / highValuation is contingent on meeting future revenue targets for its CDMO pipeline.
Competition riskHighLarge CDMOs like TMO and CTLT have significant scale advantages.
Business qualityMediumThe business has high barriers to entry but is early in its pure-play execution.
Dividend incomeLow / noneIncome investors should not look here for yield.
Execution riskHighThe company must deliver on complex regulatory and manufacturing milestones.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -51.13%
Avg. Invested days 26
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 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
LFCR receives a 3-star rating, supported by solid company fundamentals. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
LFCR has solid overall fundamentals (4 stars), with moderate financial health, solid growth momentum, and solid ownership. In FY2026 versus FY2025, solid earnings growth (+20.5%) is partially offset by soft cash generation (FCF margin 4.8%), moderate revenue growth (+0.5%), soft profitability (net margin -23.8%).

Financial Health Rating

★★★★★
LFCR's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 25.3%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is LFCR's strongest growth driver at +145.7% FY2026 versus FY2025 (strong, 5 stars). By comparison, earnings growth (+20.5%, solid) is also solid, while revenue growth (+0.5%, moderate) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 77.3% and approximately 51.1% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 2.80% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Wynnefield Capital Inc 12.42%
Legion Partners Asset Management, LLC 11.79%
Greenhaven Road Investment Management, L.P. 9.35%
325 Capital LLC 7.65%
BlackRock Inc 4.96%

Unit Economics (Per $1K Revenue)

★★★★★
LFCR generates approximately $314 of gross profit, $-10 of operating income, and $48 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: -1.91% (Tax Credit)

Quantitative Style Profile

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

Style Classification

Quality Focused

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

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 158.98M USD
Price to earnings Ratio -
1Y Target Price 6.75
Price to earnings Ratio -
1Y Target Price 6.75
Volume (30-day avg) 139.1K shares
Beta 1.08
52 Weeks Range 3.63 - 8.98
Updated Date 09/26/2026
52 Weeks Range 3.63 - 8.98
Updated Date 09/26/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.27

How Company Makes Money

Business areaWhat it includesRetail investor read
CDMO ServicesSterile fill-finish, clinical development, and commercial manufacturing.The company earns revenue by manufacturing injectable drugs for pharmaceutical partners.
Hyaluronan ProductsSodium hyaluronate production for eye care and orthopedic applications.Revenue is generated from selling a key raw ingredient used in medical treatments.
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Valuation

Trailing PE -
Forward PE 8.67
Enterprise Value 307.79M
Price to Sales(TTM) 1.23
Enterprise Value 307.79M
Price to Sales(TTM) 1.23
Enterprise Value to Revenue 2.36
Enterprise Value to EBITDA 8.11
Shares Outstanding 37.85M
Shares Floating 19.33M
Shares Outstanding 37.85M
Shares Floating 19.33M
Percent Insiders 2.8
Percent Institutions 77.3

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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.

About Lifecore Biomedical Inc.

Exchange NASDAQ
Headquarters Chaska, MN, United States
IPO Launch date 1996-02-15
President, CEO & Director Mr. Paul Josephs
Sector Healthcare
Industry Drug Manufacturers - Specialty & Generic
Full time employees 382
Full time employees 382

Lifecore Biomedical, Inc., together with its subsidiaries, operates as an integrated contract development and manufacturing organization that serves customers in the United States, Belgium, the Netherlands, and internationally. It provides services in the development, manufacture, aseptic fill, and finish of formulations and highly viscous sterile injectable pharmaceutical drug or medical device products in syringes, vials, and cartridges in various modalities. The company also manufactures and sells pharmaceutical-grade hyaluronic acid in bulk form, as well as for use in formulated and filled syringes and vials for injectable products used in treating various medical conditions and procedures, including ophthalmic and orthopedic applications. In addition, it offers product development services, including analytical method development and validation, formulation development, sterile filtration, process scale-up, pilot studies, stability studies, process validation, and materials production for clinical studies. The company was formerly known as Landec Corporation and changed its name to Lifecore Biomedical, Inc. in November 2022. Lifecore Biomedical, Inc. was founded in 1965 and is headquartered in Chaska, Minnesota.