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AEON Biopharma, Inc. (AEON) Stock Fundamental Analysis & AI Rating 2026

AEON NYSE Pharmaceutical Preparations DE CIK: 0001837607
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-09-30
Combined AI Rating
STRONG SELL
92% Confidence
STRONG AGREEMENT
STRONG SELL
95% Conf
STRONG SELL
89% Conf

📊 AEON Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: $-12.6M
Current Ratio: 0.90x
Debt/Equity: N/A
EPS: $-0.23
AI Rating: STRONG SELL with 95% confidence
AEON Biopharma, Inc. (AEON) receives a STRONG SELL rating with 92% confidence from our AI fundamental analysis based on SEC 10-K filings. Below is our complete AEON stock analysis for 2026.

Is AEON Biopharma, Inc. (AEON) a Good Investment?

Claude

AEON Biopharma exhibits severe financial distress with negative stockholders' equity of -$19.9M, indicating the company is technically insolvent. The company is pre-revenue or near-zero revenue with substantial operating losses (-$7.3M) and negative free cash flow (-$12.6M), demonstrating unsustainable burn rate with only $5.9M in cash reserves.

ChatGPT

AEON Biopharma's fundamentals are very weak: it appears to have no meaningful revenue base, continues to post operating and free cash flow losses, and carries negative stockholders' equity. With a current ratio below 1.0x and only $5.93M of cash against a $12.60M operating cash burn, the business looks dependent on external financing rather than internally generated growth.

Why Buy AEON Biopharma, Inc. Stock? AEON Key Strengths

Claude
  • + Maintains $5.9M in cash equivalents providing short-term operational runway
  • + Early-stage pharmaceutical company with potential pipeline assets (typical for sector)
  • + Recent insider activity suggests management involvement in strategic decisions
ChatGPT
  • + Cash and equivalents of $5.93M provide limited near-term liquidity
  • + Capital expenditure is minimal, indicating a relatively asset-light operating model
  • + Latest net loss of $2.08M was smaller than operating loss, suggesting some non-operating offset to core losses

AEON Stock Risks: AEON Biopharma, Inc. Investment Risks

Claude
  • ! Negative stockholders' equity indicates technical insolvency and existential viability concerns
  • ! Liabilities ($28.6M) exceed assets ($8.7M) by $19.9M with negative working capital
  • ! Negative operating cash flow of -$12.6M and absence of revenue creates unsustainable burn with ~5 months of cash runway
  • ! No revenue generation suggests pre-commercial or failed commercialization stage
  • ! Negative ROA of -23.9% indicates severe asset utilization inefficiency
ChatGPT
  • ! No reported revenue or gross profit indicates an unproven commercial model
  • ! Negative stockholders' equity of $19.87M and a 0.90x current ratio signal balance-sheet stress
  • ! Operating cash flow and free cash flow of negative $12.60M imply ongoing cash burn and likely financing needs

Key Metrics to Watch

Claude
  • * Cash runway and quarterly burn rate relative to remaining cash balance
  • * Path to revenue and clinical trial progress or regulatory milestones
  • * Changes in total liabilities and working capital position
  • * Operating cash flow trends and any clinical advancement announcements
ChatGPT
  • * Quarterly cash burn versus cash balance
  • * Any sustained revenue generation and improvement in working capital

AEON Biopharma, Inc. (AEON) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
$-2.1M
EPS (Diluted)
$-0.23
Free Cash Flow
$-12.6M
Total Assets
$8.7M
Cash Position
$5.9M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

AEON Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE N/A
ROA -23.9%
FCF Margin N/A

AEON vs Healthcare Sector: How AEON Biopharma, Inc. Compares

How AEON Biopharma, Inc. compares to Healthcare sector averages

Net Margin
AEON 0.0%
vs
Sector Avg 12.0%
AEON Sector
ROE
AEON 0.0%
vs
Sector Avg 15.0%
AEON Sector
Current Ratio
AEON 0.9x
vs
Sector Avg 2.0x
AEON Sector
Debt/Equity
AEON 0.0x
vs
Sector Avg 0.6x
AEON Sector

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

Is AEON Biopharma, Inc. Stock Overvalued? AEON Valuation Analysis 2026

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

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
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.

AEON Biopharma, Inc. Balance Sheet: AEON Debt, Cash & Liquidity

Current Ratio
0.90x
Quick Ratio
0.90x
Debt/Equity
N/A
Debt/Assets
327.5%
Interest Coverage
N/A
Long-term Debt
N/A

AEON Revenue & Earnings Growth: 5-Year Financial Trend

AEON 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: AEON Biopharma, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $72.93 reflects profitable operations.

AEON 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
N/A
Free cash flow / Revenue

AEON Biopharma, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$12.6M
Cash generated from operations
Capital Expenditures
$4.0K
Investment in assets
Dividends
None
No dividend program

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

Access official SEC EDGAR filings for AEON Biopharma, Inc. (CIK: 0001837607)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 4 xslF345X06/tm2611116-2_4seq1.xml View →
Apr 3, 2026 8-K aeon-20260331x8k.htm View →
Mar 30, 2026 10-K aeon-20251231x10k.htm View →
Mar 30, 2026 8-K aeon-20260330x8k.htm View →
Mar 11, 2026 4 xslF345X05/tm268617-1_4seq1.xml View →

Frequently Asked Questions about AEON

What is the AI rating for AEON?

AEON Biopharma, Inc. (AEON) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AEON's key strengths?

Claude: Maintains $5.9M in cash equivalents providing short-term operational runway. Early-stage pharmaceutical company with potential pipeline assets (typical for sector). ChatGPT: Cash and equivalents of $5.93M provide limited near-term liquidity. Capital expenditure is minimal, indicating a relatively asset-light operating model.

What are the risks of investing in AEON?

Claude: Negative stockholders' equity indicates technical insolvency and existential viability concerns. Liabilities ($28.6M) exceed assets ($8.7M) by $19.9M with negative working capital. ChatGPT: No reported revenue or gross profit indicates an unproven commercial model. Negative stockholders' equity of $19.87M and a 0.90x current ratio signal balance-sheet stress.

What is AEON's revenue and growth?

AEON Biopharma, Inc. reported revenue of N/A.

Does AEON pay dividends?

AEON Biopharma, Inc. does not currently pay dividends.

Where can I find AEON SEC filings?

Official SEC filings for AEON Biopharma, Inc. (CIK: 0001837607) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AEON's EPS?

AEON Biopharma, Inc. has a diluted EPS of $-0.23.

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 AEON a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, AEON Biopharma, Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AEON stock overvalued or undervalued?

Valuation metrics for AEON: ROE of N/A (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy AEON stock in 2026?

Our dual AI analysis gives AEON Biopharma, 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 AEON's free cash flow?

AEON Biopharma, Inc.'s operating cash flow is $-12.6M, with capital expenditures of $4.0K.

How does AEON compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin N/A (avg: 12%), ROE N/A (avg: 15%), current ratio 0.90 (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: 2025-09-30 | Powered by Claude AI