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Arcellx, Inc. (ACLX) Stock Fundamental Analysis & AI Rating 2026

ACLX Nasdaq Biological Products, (No Diagnostic Substances) DE CIK: 0001786205
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
90% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
88% Conf

📊 ACLX Key Takeaways

Revenue: $22.3M
Net Margin: -1,027.3%
Free Cash Flow: $-212.6M
Current Ratio: 4.44x
Debt/Equity: 0.00x
EPS: $-4.07
AI Rating: STRONG SELL with 92% confidence
Arcellx, Inc. (ACLX) receives a STRONG SELL rating with 90% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $22.3M, net profit margin of -1,027.3%, and return on equity (ROE) of -56.9%, Arcellx, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete ACLX stock analysis for 2026.

Is Arcellx, Inc. (ACLX) a Good Investment?

Claude

Arcellx is a pre-commercial biotech company facing severe financial distress with massive operating losses, negative free cash flow of -$212.6M, and revenue declining 79.4% YoY, indicating potential clinical trial setbacks or delayed commercialization. The company is burning cash at an unsustainable rate with only $80.3M in cash reserves against $210.3M in annual operating cash burn, creating an imminent liquidity crisis within months. Without immediate major value-creating catalysts or significant capital raises, the company's financial runway appears critically short.

ChatGPT

Arcellx’s fundamentals are weak: revenue fell 79.4% year over year while operating and net losses expanded sharply, producing deeply negative margins and returns on capital. Although the company still has strong near-term liquidity and no meaningful debt, the scale of operating cash burn relative to its cash balance materially weakens financial flexibility unless revenue recovers or external funding fills the gap.

Why Buy Arcellx, Inc. Stock? ACLX Key Strengths

Claude
  • + Adequate current ratio of 4.44x suggests near-term liquidity for operational needs
  • + No long-term debt obligation provides flexibility and avoids near-term refinancing risk
  • + Substantial stockholders equity of $402.4M represents remaining asset base
ChatGPT
  • + Strong near-term liquidity with a 4.44x current and quick ratio
  • + Debt-free capital structure reduces solvency risk from leverage
  • + Positive equity base of $402.35M provides some balance sheet support

ACLX Stock Risks: Arcellx, Inc. Investment Risks

Claude
  • ! Catastrophic revenue decline of 79.4% YoY with only $22.3M in current revenue indicates failed commercialization or trial failure
  • ! Annual operating cash burn of $210.3M against $80.3M cash reserves means runway of less than 5 months at current burn rate
  • ! Operating margin of -1135.6% and net margin of -1027.3% are unsustainable; company is pre-revenue/pre-profitability with massive R&D costs
  • ! Negative free cash flow of -$212.6M demonstrates the company cannot sustain operations without external funding
  • ! 14 Form 4 insider filings in 90 days may signal insider concerns or significant management transitions
ChatGPT
  • ! Revenue contraction of 79.4% YoY points to poor growth quality and weak commercialization traction
  • ! Extreme negative profitability, including a -1135.6% operating margin and -1027.3% net margin
  • ! Operating cash outflow of $210.26M and negative free cash flow of $212.59M suggest limited cash runway

Key Metrics to Watch

Claude
  • * Monthly cash burn rate and actual runway remaining until capital depletion
  • * Clinical trial results and regulatory pathway milestones for pipeline programs
  • * Revenue trends and commercial traction for any approved or approved-pending therapies
  • * Capital raise announcements or financing activities to extend runway
  • * Changes in insider ownership patterns and management retention
ChatGPT
  • * Quarterly revenue trajectory and durability of collaboration/product revenue
  • * Operating cash burn relative to cash and equivalents

Arcellx, Inc. (ACLX) Financial Metrics & Key Ratios

Revenue
$22.3M
Net Income
$-228.9M
EPS (Diluted)
$-4.07
Free Cash Flow
$-212.6M
Total Assets
$604.0M
Cash Position
$80.3M

💡 AI Analyst Insight

Strong liquidity with a 4.44x current ratio provides a solid financial cushion.

ACLX Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -1,135.6%
Net Margin -1,027.3%
ROE -56.9%
ROA -37.9%
FCF Margin -953.9%

ACLX vs Healthcare Sector: How Arcellx, Inc. Compares

How Arcellx, Inc. compares to Healthcare sector averages

Net Margin
ACLX -1,027.3%
vs
Sector Avg 12.0%
ACLX Sector
ROE
ACLX -56.9%
vs
Sector Avg 15.0%
ACLX Sector
Current Ratio
ACLX 4.4x
vs
Sector Avg 2.0x
ACLX Sector
Debt/Equity
ACLX 0.0x
vs
Sector Avg 0.6x
ACLX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Arcellx, Inc. Stock Overvalued? ACLX Valuation Analysis 2026

Based on fundamental analysis, Arcellx, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-56.9%
Sector avg: 15%
Net Profit Margin
-1,027.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Arcellx, Inc. Balance Sheet: ACLX Debt, Cash & Liquidity

Current Ratio
4.44x
Quick Ratio
4.44x
Debt/Equity
0.00x
Debt/Assets
33.4%
Interest Coverage
-425.35x
Long-term Debt
N/A

ACLX Revenue & Earnings Growth: 5-Year Financial Trend

ACLX 5-year financial data: Year 2023: Revenue $110.3M, Net Income -$188.7M, EPS $-5.19. Year 2024: Revenue $110.3M, Net Income -$188.7M, EPS $-5.19. Year 2025: Revenue $110.3M, Net Income -$70.7M, EPS $-1.47.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Arcellx, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-1.47 indicates the company is currently unprofitable.

ACLX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-953.9%
Free cash flow / Revenue

ACLX Quarterly Earnings & Performance

Quarterly financial performance data for Arcellx, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $4.9M -$7.2M $-0.48
Q2 2025 $7.6M -$7.2M $-0.51
Q1 2025 $8.1M -$7.2M $-0.14
Q3 2024 $15.0M -$7.2M $-0.48
Q2 2024 $14.3M -$7.2M $-0.50
Q1 2024 $17.9M -$7.2M $-0.14
Q3 2023 $15.0M -$23.9M $-0.81
Q2 2023 $14.3M -$23.9M $-0.50

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Arcellx, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$210.3M
Cash generated from operations
Capital Expenditures
$2.3M
Investment in assets
Dividends
None
No dividend program

ACLX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Arcellx, Inc. (CIK: 0001786205)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 4 xslF345X06/ownership.xml View →
Mar 4, 2026 4 xslF345X05/ownership.xml View →
Feb 27, 2026 4 xslF345X05/ownership.xml View →
Feb 26, 2026 10-K aclx-20251231.htm View →
Feb 25, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about ACLX

What is the AI rating for ACLX?

Arcellx, Inc. (ACLX) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 90% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ACLX's key strengths?

Claude: Adequate current ratio of 4.44x suggests near-term liquidity for operational needs. No long-term debt obligation provides flexibility and avoids near-term refinancing risk. ChatGPT: Strong near-term liquidity with a 4.44x current and quick ratio. Debt-free capital structure reduces solvency risk from leverage.

What are the risks of investing in ACLX?

Claude: Catastrophic revenue decline of 79.4% YoY with only $22.3M in current revenue indicates failed commercialization or trial failure. Annual operating cash burn of $210.3M against $80.3M cash reserves means runway of less than 5 months at current burn rate. ChatGPT: Revenue contraction of 79.4% YoY points to poor growth quality and weak commercialization traction. Extreme negative profitability, including a -1135.6% operating margin and -1027.3% net margin.

What is ACLX's revenue and growth?

Arcellx, Inc. reported revenue of $22.3M.

Does ACLX pay dividends?

Arcellx, Inc. does not currently pay dividends.

Where can I find ACLX SEC filings?

Official SEC filings for Arcellx, Inc. (CIK: 0001786205) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ACLX's EPS?

Arcellx, Inc. has a diluted EPS of $-4.07.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ACLX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Arcellx, Inc. has a STRONG SELL rating with 90% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ACLX stock overvalued or undervalued?

Valuation metrics for ACLX: ROE of -56.9% (sector avg: 15%), net margin of -1,027.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ACLX stock in 2026?

Our dual AI analysis gives Arcellx, Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ACLX's free cash flow?

Arcellx, Inc.'s operating cash flow is $-210.3M, with capital expenditures of $2.3M. FCF margin is -953.9%.

How does ACLX compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -1,027.3% (avg: 12%), ROE -56.9% (avg: 15%), current ratio 4.44 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI