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Upturn AI Summary - About
Tscan Therapeutics Inc(TCRX)
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 TCRX
10/30/2026: TCRX (1-star) is currently NOT-A-BUY. Pass it for now.
Tscan Therapeutics is a clinical-stage biotechnology company developing T-cell receptor (TCR) therapies for oncology. The company’s primary strength is its proprietary platform for identifying novel tumor targets, which enables a diversified approach to tackling complex cancers. Its main growth opportunity lies in the potential success of its lead programs as they progress through clinical trials, which could attract major pharmaceutical partners. However, investors face significant risks, including the inherent uncertainty of clinical development, high cash burn, and intense competition from larger, well-funded players. This stock is best suited for risk-tolerant investors focused on biotechnology, with close attention required on future clinical data readouts and capital management.
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 high growth potential linked to clinical breakthroughs, but with substantial execution risk. |
| Momentum investor | Mixed fit | Fit is conditional on positive clinical data readouts and favorable market trends in the cell therapy sector. |
| Value investor | Weak fit | As a pre-commercial biotech, traditional value metrics like P/E ratios are not applicable. |
| Dividend investor | Weak fit | The company does not pay dividends and focuses entirely on R&D. |
| Low-risk investor | Weak fit | High volatility and the inherent uncertainty of drug development make this unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Clinical-stage biotech stocks are highly sensitive to trial results and market sentiment. |
| Valuation risk | High | Valuations are speculative and tied to long-term future prospects rather than current cash flows. |
| Competition risk | High | Tscan faces well-funded competition from major players in the immuno-oncology space. |
| Business quality | Medium | The company has a focused platform and pipeline but lacks the infrastructure of an established commercial entity. |
| Dividend income | Low / none | The company reinvests all capital into R&D. |
| Execution risk | High | Clinical success is uncertain and failure in trials would be a significant setback. |
Analysis of Past Performance
Type Stock | Historic Profit -71.07% | Avg. Invested days 17 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/30/2026 |
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 13.21M USD | Price to earnings Ratio - | 1Y Target Price 1 |
Price to earnings Ratio - | 1Y Target Price 1 | ||
Volume (30-day avg) 589.4K shares | Beta 1.14 | 52 Weeks Range 0.17 - 1.48 | Updated Date 10/30/2026 |
52 Weeks Range 0.17 - 1.48 | Updated Date 10/30/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.91 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Research Collaborations | Strategic partnerships and R&D licensing agreements with other pharmaceutical firms. | The company generates limited revenue mainly through partnerships, not product sales. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 3.83M | Price to Sales(TTM) 1.86 |
Enterprise Value 3.83M | Price to Sales(TTM) 1.86 | ||
Enterprise Value to Revenue 0.59 | Enterprise Value to EBITDA 0.39 | Shares Outstanding 63.50M | Shares Floating 54.36M |
Shares Outstanding 63.50M | Shares Floating 54.36M | ||
Percent Insiders 0.19 | Percent Institutions 67.88 |
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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