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BullFrog AI Holdings, Inc. (BFRGW) Stock Fundamental Analysis & AI Rating 2026

BFRGW Nasdaq Pharmaceutical Preparations NV CIK: 0001829247
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
95% Confidence
STRONG AGREEMENT
STRONG SELL
95% Conf
STRONG SELL
95% Conf

📊 BFRGW Key Takeaways

Revenue: $116.7K
Net Margin: -5,569.6%
Free Cash Flow: $-5.5M
Current Ratio: 3.85x
Debt/Equity: 0.00x
EPS: $-0.63
AI Rating: STRONG SELL with 95% confidence
BullFrog AI Holdings, Inc. (BFRGW) receives a STRONG SELL rating with 95% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $116.7K, net profit margin of -5,569.6%, and return on equity (ROE) of -304.2%, BullFrog AI Holdings, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete BFRGW stock analysis for 2026.

Is BullFrog AI Holdings, Inc. (BFRGW) a Good Investment?

Claude

BullFrog AI is a pre-revenue pharmaceutical company with severe operational losses and negative cash flow, burning $5.5M annually while generating only $116.7K in revenue. Despite adequate liquidity (3.85x current ratio), the company faces existential profitability challenges with negative margins exceeding -5600%, indicating fundamental business model dysfunction rather than temporary scaling losses.

ChatGPT

BullFrog AI Holdings shows extremely weak fundamentals, with negligible revenue, deeply negative margins, and operating losses that vastly exceed its commercial scale. While the company has no long-term debt and maintains a cash-heavy balance sheet, its current cash position appears insufficient to comfortably support the present rate of cash burn without future capital raises.

Why Buy BullFrog AI Holdings, Inc. Stock? BFRGW Key Strengths

Claude
  • + Strong liquidity position with 3.85x current ratio and $2.2M cash on hand
  • + No long-term debt, providing financial flexibility without debt burden
  • + Positive gross margin of 18.8% on limited revenue suggests potential product viability
ChatGPT
  • + Debt-free balance sheet reduces near-term solvency risk
  • + Current ratio and quick ratio of 3.85x indicate adequate short-term liquidity
  • + Cash of $2.18M represents most of the asset base and provides limited operating runway

BFRGW Stock Risks: BullFrog AI Holdings, Inc. Investment Risks

Claude
  • ! Massive operating losses of $6.6M against $116.7K revenue indicates unsustainable business model
  • ! Negative free cash flow of $5.5M annually will deplete $2.2M cash reserves within 5 months at current burn rate
  • ! Pharmaceutical sector requires successful clinical trials and regulatory approval; no indication of pipeline progress or commercialization path
  • ! Negative ROE of -304% and ROA of -231% demonstrate severe shareholder value destruction
  • ! Zero insider buying activity in last 90 days suggests lack of management confidence
ChatGPT
  • ! Revenue base is extremely small and shows no year-over-year growth
  • ! Operating loss of $6.59M and free cash flow of -$5.53M indicate an unsustainable business model at current scale
  • ! ROE and ROA are severely negative, showing poor capital efficiency and weak growth quality

Key Metrics to Watch

Claude
  • * Operating cash burn rate and runway to profitability
  • * Revenue growth trajectory and customer acquisition metrics
  • * R&D spend efficiency and clinical trial advancement status
  • * Cash balance depletion rate relative to operational losses
ChatGPT
  • * Quarterly revenue growth and gross margin improvement
  • * Operating cash burn relative to cash and equivalents

BullFrog AI Holdings, Inc. (BFRGW) Financial Metrics & Key Ratios

Revenue
$116.7K
Net Income
$-6.5M
EPS (Diluted)
$-0.63
Free Cash Flow
$-5.5M
Total Assets
$2.8M
Cash Position
$2.2M

💡 AI Analyst Insight

Strong liquidity with a 3.85x current ratio provides a solid financial cushion.

BFRGW Profit Margin, ROE & Profitability Analysis

Gross Margin 18.8%
Operating Margin -5,652.4%
Net Margin -5,569.6%
ROE -304.2%
ROA -231.4%
FCF Margin -4,740.7%

BFRGW vs Healthcare Sector: How BullFrog AI Holdings, Inc. Compares

How BullFrog AI Holdings, Inc. compares to Healthcare sector averages

Net Margin
BFRGW -5,569.6%
vs
Sector Avg 12.0%
BFRGW Sector
ROE
BFRGW -304.2%
vs
Sector Avg 15.0%
BFRGW Sector
Current Ratio
BFRGW 3.8x
vs
Sector Avg 2.0x
BFRGW Sector
Debt/Equity
BFRGW 0.0x
vs
Sector Avg 0.6x
BFRGW Sector

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

Is BullFrog AI Holdings, Inc. Stock Overvalued? BFRGW Valuation Analysis 2026

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

Return on Equity
-304.2%
Sector avg: 15%
Net Profit Margin
-5,569.6%
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.

BullFrog AI Holdings, Inc. Balance Sheet: BFRGW Debt, Cash & Liquidity

Current Ratio
3.85x
Quick Ratio
3.85x
Debt/Equity
0.00x
Debt/Assets
23.9%
Interest Coverage
-2,014.86x
Long-term Debt
N/A

BFRGW Revenue & Earnings Growth: 5-Year Financial Trend

BFRGW 5-year financial data: Year 2022: Revenue $10.0K, Net Income -$585.8K, EPS N/A. Year 2023: Revenue $65.0K, Net Income -$2.8M, EPS $-0.70. Year 2024: Revenue $65.0K, Net Income -$5.4M, EPS $-0.89. Year 2025: Revenue $116.7K, Net Income -$7.0M, EPS $-0.85.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: BullFrog AI Holdings, Inc.'s revenue has grown significantly by 1,067% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.85 indicates the company is currently unprofitable.

BFRGW 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
-4,740.7%
Free cash flow / Revenue

BFRGW Quarterly Earnings & Performance

Quarterly financial performance data for BullFrog AI Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $83.4K -$1.4M $-0.15
Q2 2025 $33.3K -$1.4M $-0.15
Q3 2024 $65.0K -$1.3M $-0.21
Q3 2023 $65.0K -$566.4K $-0.16

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

BullFrog AI Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$5.5M
Cash generated from operations
Capital Expenditures
$8.7K
Investment in assets
Dividends
None
No dividend program

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

Access official SEC EDGAR filings for BullFrog AI Holdings, Inc. (CIK: 0001829247)

📋 Recent SEC Filings

Date Form Document Action
Apr 13, 2026 8-K form8-k.htm View →
Apr 1, 2026 8-K form8-k.htm View →
Mar 30, 2026 8-K form8-k.htm View →
Mar 19, 2026 10-K form10-k.htm View →
Feb 23, 2026 8-K form8-k.htm View →

Frequently Asked Questions about BFRGW

What is the AI rating for BFRGW?

BullFrog AI Holdings, Inc. (BFRGW) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 95% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BFRGW's key strengths?

Claude: Strong liquidity position with 3.85x current ratio and $2.2M cash on hand. No long-term debt, providing financial flexibility without debt burden. ChatGPT: Debt-free balance sheet reduces near-term solvency risk. Current ratio and quick ratio of 3.85x indicate adequate short-term liquidity.

What are the risks of investing in BFRGW?

Claude: Massive operating losses of $6.6M against $116.7K revenue indicates unsustainable business model. Negative free cash flow of $5.5M annually will deplete $2.2M cash reserves within 5 months at current burn rate. ChatGPT: Revenue base is extremely small and shows no year-over-year growth. Operating loss of $6.59M and free cash flow of -$5.53M indicate an unsustainable business model at current scale.

What is BFRGW's revenue and growth?

BullFrog AI Holdings, Inc. reported revenue of $116.7K.

Does BFRGW pay dividends?

BullFrog AI Holdings, Inc. does not currently pay dividends.

Where can I find BFRGW SEC filings?

Official SEC filings for BullFrog AI Holdings, Inc. (CIK: 0001829247) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BFRGW's EPS?

BullFrog AI Holdings, Inc. has a diluted EPS of $-0.63.

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 BFRGW a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, BullFrog AI Holdings, Inc. has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BFRGW stock overvalued or undervalued?

Valuation metrics for BFRGW: ROE of -304.2% (sector avg: 15%), net margin of -5,569.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy BFRGW stock in 2026?

Our dual AI analysis gives BullFrog AI Holdings, 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 BFRGW's free cash flow?

BullFrog AI Holdings, Inc.'s operating cash flow is $-5.5M, with capital expenditures of $8.7K. FCF margin is -4,740.7%.

How does BFRGW compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -5,569.6% (avg: 12%), ROE -304.2% (avg: 15%), current ratio 3.85 (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 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI