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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
10/09/2026: PULM (1-star) is currently NOT-A-BUY. Pass it for now.
Pulmatrix Inc is a clinical-stage biotechnology company focused on developing specialized inhaled therapies for respiratory conditions using its iSPERSE platform. The company's primary strength lies in this unique drug delivery technology, which aims to improve the treatment of orphan lung diseases. Its growth story centers on the successful clinical advancement and potential licensing of its pipeline candidates. However, the company faces significant risks, including the inherent uncertainty of clinical trials, ongoing capital needs, and competition from large pharmaceutical incumbents. This stock is best suited for high-risk, long-term biotech investors who monitor clinical trial readouts and capital efficiency closely.
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 | Mixed fit | The company offers potential for significant growth if clinical trials succeed but carries substantial speculative risk. |
| Momentum investor | Weak fit | Momentum investment is conditional on positive clinical data or partnership announcements which are currently irregular. |
| Value investor | Weak fit | Valuation is difficult to justify through traditional metrics as the company is pre-commercial and R&D focused. |
| Dividend investor | Weak fit | The company does not pay dividends and focuses entirely on capital preservation and R&D. |
| Low-risk investor | Weak fit | High volatility and the risks associated with biotechnology development make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Biotech stocks are highly sensitive to clinical trial results and regulatory news. |
| Valuation risk | High | The absence of commercial revenue makes equity valuation largely speculative. |
| Competition risk (Biotech) | High | The company competes against much larger, better-funded pharmaceutical incumbents. |
| Business quality | Medium | The company is early-stage, relying on its proprietary platform to drive future value. |
| Dividend income | Low / none | No income is returned to shareholders via dividends. |
| Execution risk | High | Success depends entirely on complex clinical development and regulatory approval. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
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 10/09/2026 |
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 5.33M USD | Price to earnings Ratio - | 1Y Target Price 10 |
Price to earnings Ratio - | 1Y Target Price 10 | ||
Volume (30-day avg) 35.6K shares | Beta 1.93 | 52 Weeks Range 1.16 - 5.24 | Updated Date 10/10/2026 |
52 Weeks Range 1.16 - 5.24 | Updated Date 10/10/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.1 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Clinical Development | Advancement of inhaled drug candidates. | Revenue is currently minimal and future potential depends on clinical success. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value -3.37M | Price to Sales(TTM) 48.2 |
Enterprise Value -3.37M | 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 9.16 |
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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