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Upturn AI Summary - About
Pulmatrix Inc(PULM)
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)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PULM
11/09/2026: PULM (1-star) is currently NOT-A-BUY. Pass it for now.
Pulmatrix Inc is a clinical-stage biotechnology company that focuses on developing inhaled therapies for respiratory diseases using its proprietary iSPERSE technology. Its main strength lies in its specialized drug delivery platform, which aims to improve the effectiveness of respiratory treatments. The company's primary growth opportunity depends on the successful advancement and potential commercialization of its pipeline candidates, such as PUR1900. Investors face significant risks, including high cash burn, the uncertainties of clinical trials, and intense competition from large, well-capitalized pharmaceutical companies. This stock is best suited for high-risk, speculative investors who are monitoring key clinical development milestones 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 style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company is at a high-risk, early-stage clinical phase, making it a speculative investment rather than a proven growth stock. |
| Momentum investor | Weak fit | Momentum is generally not suitable unless positive clinical data triggers an upturn signal, which is currently not present. |
| Value investor | Weak fit | The lack of consistent earnings and revenue makes standard value metrics inapplicable. |
| Dividend investor | Weak fit | The company does not pay a dividend and is unlikely to do so in the near future. |
| Low-risk investor | Weak fit | High clinical, financial, and market volatility make this stock inappropriate for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Clinical-stage biotechs often experience extreme price swings based on trial results and funding news. |
| Valuation risk | High | Valuations are highly subjective and dependent on future commercial success, which remains uncertain. |
| Competition risk (Biopharma R&D) | High | The company competes with much larger, well-capitalized firms in the crowded respiratory space. |
| Business quality | Medium | While the technology is innovative, the lack of commercialized products limits current franchise strength. |
| Dividend income | Low / none | No income is generated for investors. |
| Execution risk | High | Failure to achieve positive clinical endpoints would be a major setback for the firm. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -59.75% | Avg. Invested days 24 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/09/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 5.04M USD | Price to earnings Ratio - | 1Y Target Price 10 |
Price to earnings Ratio - | 1Y Target Price 10 | ||
Volume (30-day avg) 31.5K shares | Beta 1.92 | 52 Weeks Range 1.06 - 4.98 | Updated Date 11/08/2026 |
52 Weeks Range 1.06 - 4.98 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.1 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Research & Development | Collaborations, grants, and future potential milestone payments related to its inhaled drug candidates. | The company currently makes very little money and relies on financing to survive while developing its products. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value -4.41M | Price to Sales(TTM) 48.2 |
Enterprise Value -4.41M | Price to Sales(TTM) 48.2 | ||
Enterprise Value to Revenue 22.4 | Enterprise Value to EBITDA 1.57 | Shares Outstanding 3.65M | Shares Floating 3.65M |
Shares Outstanding 3.65M | Shares Floating 3.65M | ||
Percent Insiders 0.78 | Percent Institutions 9.13 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
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)
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)
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)
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)
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)
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)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
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)
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)
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)
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)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
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)
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)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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