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Bolt Biotherapeutics, Inc. (BOLT) Stock Fundamental Analysis & AI Rating 2026

BOLT Nasdaq Pharmaceutical Preparations DE CIK: 0001641281
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-12-31
Combined AI Rating
STRONG SELL
91% Confidence
STRONG AGREEMENT
STRONG SELL
92% Conf
STRONG SELL
90% Conf

📊 BOLT Key Takeaways

Revenue: $7.7M
Net Margin: -433.7%
Free Cash Flow: $-39.9M
Current Ratio: 3.59x
Debt/Equity: 0.00x
EPS: $-17.85
AI Rating: STRONG SELL with 92% confidence
Bolt Biotherapeutics, Inc. (BOLT) receives a STRONG SELL rating with 91% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $7.7M, net profit margin of -433.7%, and return on equity (ROE) of -125.9%, Bolt Biotherapeutics, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete BOLT stock analysis for 2026.

Is Bolt Biotherapeutics, Inc. (BOLT) a Good Investment?

Claude

Bolt Biotherapeutics is a pre-revenue stage biopharmaceutical company burning significant cash with minimal revenue generation and no clear path to profitability in the near term. The company is consuming cash at an unsustainable rate with only 11.7M in cash against 39.9M annual operating cash burn, providing approximately 3-4 quarters of runway at current burn rates. Absent major clinical trial successes or financing, the company faces severe liquidity constraints that threaten its continued operations.

ChatGPT

Bolt Biotherapeutics shows very weak fundamentals, with minimal revenue growth, deeply negative operating and net margins, and substantial ongoing cash burn. While the balance sheet has no meaningful debt and short-term liquidity ratios appear solid, the current cash position looks thin relative to annual operating outflows, making funding risk a central concern. Growth quality is poor because revenue has not scaled enough to offset R&D and operating costs.

Why Buy Bolt Biotherapeutics, Inc. Stock? BOLT Key Strengths

Claude
  • + Strong liquidity position with 3.59x current ratio and quick ratio, indicating ability to meet short-term obligations
  • + Minimal leverage with 0.00x debt-to-equity ratio, preserving financial flexibility for future financing
  • + Reduced operating losses year-over-year with diluted EPS improving 46% (though still deeply negative at -17.85)
ChatGPT
  • + Debt-free balance sheet reduces financial leverage risk
  • + Current and quick ratios of 3.59x indicate adequate near-term balance sheet liquidity
  • + Positive reported revenue base provides some non-zero operating inflow

BOLT Stock Risks: Bolt Biotherapeutics, Inc. Investment Risks

Claude
  • ! Severe cash burn of 39.9M annually against only 11.7M cash reserves, providing critical runway of less than 4 quarters
  • ! Astronomical negative margins with -469.3% operating margin and -433.7% net margin indicating fundamental business model challenges
  • ! Revenue of only 7.7M is inadequate to support R&D-heavy biopharmaceutical operations, with no gross margin visibility suggesting revenue may be contract or milestone-based rather than product sales
  • ! Negative free cash flow of -39.9M and total losses exceeding 33M annually demonstrate unsustainable burn rate
  • ! No long-term debt data available and minimal insider activity (3 Form 4 filings in 90 days) may indicate limited confidence from insiders
ChatGPT
  • ! Operating loss of $36.11M on just $7.70M of revenue reflects an unsustainable cost structure
  • ! Free cash flow of -$39.92M versus $11.70M of cash suggests limited runway without additional capital
  • ! Flat revenue growth indicates weak commercial traction or limited monetization progress

Key Metrics to Watch

Claude
  • * Operating cash burn rate and cash runway until liquidity crisis
  • * Clinical trial progress and FDA milestone achievements that could unlock revenue or financing
  • * Quarterly revenue trends and whether any pipeline programs are generating meaningful revenue
  • * Capital raise announcements or debt restructuring given critical runway constraints
ChatGPT
  • * Quarterly operating cash burn relative to cash and equivalents
  • * Revenue growth and operating loss improvement

Bolt Biotherapeutics, Inc. (BOLT) Financial Metrics & Key Ratios

Revenue
$7.7M
Net Income
$-33.4M
EPS (Diluted)
$-17.85
Free Cash Flow
$-39.9M
Total Assets
$56.7M
Cash Position
$11.7M

💡 AI Analyst Insight

Strong liquidity with a 3.59x current ratio provides a solid financial cushion.

BOLT Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -469.3%
Net Margin -433.7%
ROE -125.9%
ROA -58.8%
FCF Margin -518.8%

BOLT vs Healthcare Sector: How Bolt Biotherapeutics, Inc. Compares

How Bolt Biotherapeutics, Inc. compares to Healthcare sector averages

Net Margin
BOLT -433.7%
vs
Sector Avg 12.0%
BOLT Sector
ROE
BOLT -125.9%
vs
Sector Avg 15.0%
BOLT Sector
Current Ratio
BOLT 3.6x
vs
Sector Avg 2.0x
BOLT Sector
Debt/Equity
BOLT 0.0x
vs
Sector Avg 0.6x
BOLT Sector

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

Is Bolt Biotherapeutics, Inc. Stock Overvalued? BOLT Valuation Analysis 2026

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

Return on Equity
-125.9%
Sector avg: 15%
Net Profit Margin
-433.7%
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.

Bolt Biotherapeutics, Inc. Balance Sheet: BOLT Debt, Cash & Liquidity

Current Ratio
3.59x
Quick Ratio
3.59x
Debt/Equity
0.00x
Debt/Assets
53.3%
Interest Coverage
N/A
Long-term Debt
N/A

BOLT Revenue & Earnings Growth: 5-Year Financial Trend

BOLT 5-year financial data: Year 2021: Revenue $1.3M, Net Income -$60.7M, EPS N/A. Year 2022: Revenue $5.7M, Net Income -$98.6M, EPS $-2.97. Year 2023: Revenue $7.9M, Net Income -$88.1M, EPS $-2.36. Year 2024: Revenue $7.9M, Net Income -$69.2M, EPS $-1.83. Year 2025: Revenue $7.7M, Net Income -$63.1M, EPS $-33.06.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Bolt Biotherapeutics, Inc.'s revenue has grown significantly by 511% over the 5-year period, indicating strong business expansion. The most recent EPS of $-33.06 indicates the company is currently unprofitable.

BOLT 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
-518.8%
Free cash flow / Revenue

BOLT Quarterly Earnings & Performance

Quarterly financial performance data for Bolt Biotherapeutics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.1M -$7.1M $-3.72
Q2 2025 $1.3M -$8.6M $-4.46
Q1 2025 $1.2M -$10.8M $-0.28
Q3 2024 $1.1M -$15.2M $-0.40
Q2 2024 $1.3M -$18.1M $-0.48
Q1 2024 $1.8M -$10.8M $-0.28
Q3 2023 $2.1M -$16.3M $-0.43
Q2 2023 $1.4M -$18.1M $-0.48

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

Bolt Biotherapeutics, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$39.9M
Cash generated from operations
Capital Expenditures
$72.0K
Investment in assets
Dividends
None
No dividend program

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

Access official SEC EDGAR filings for Bolt Biotherapeutics, Inc. (CIK: 0001641281)

📋 Recent SEC Filings

Date Form Document Action
Mar 12, 2026 10-K bolt-20251231.htm View →
Mar 12, 2026 8-K bolt-20260312.htm View →
Feb 4, 2026 4 xslF345X05/ownership.xml View →
Feb 4, 2026 4 xslF345X05/ownership.xml View →
Feb 4, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about BOLT

What is the AI rating for BOLT?

Bolt Biotherapeutics, Inc. (BOLT) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 91% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BOLT's key strengths?

Claude: Strong liquidity position with 3.59x current ratio and quick ratio, indicating ability to meet short-term obligations. Minimal leverage with 0.00x debt-to-equity ratio, preserving financial flexibility for future financing. ChatGPT: Debt-free balance sheet reduces financial leverage risk. Current and quick ratios of 3.59x indicate adequate near-term balance sheet liquidity.

What are the risks of investing in BOLT?

Claude: Severe cash burn of 39.9M annually against only 11.7M cash reserves, providing critical runway of less than 4 quarters. Astronomical negative margins with -469.3% operating margin and -433.7% net margin indicating fundamental business model challenges. ChatGPT: Operating loss of $36.11M on just $7.70M of revenue reflects an unsustainable cost structure. Free cash flow of -$39.92M versus $11.70M of cash suggests limited runway without additional capital.

What is BOLT's revenue and growth?

Bolt Biotherapeutics, Inc. reported revenue of $7.7M.

Does BOLT pay dividends?

Bolt Biotherapeutics, Inc. does not currently pay dividends.

Where can I find BOLT SEC filings?

Official SEC filings for Bolt Biotherapeutics, Inc. (CIK: 0001641281) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BOLT's EPS?

Bolt Biotherapeutics, Inc. has a diluted EPS of $-17.85.

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 BOLT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Bolt Biotherapeutics, Inc. has a STRONG SELL rating with 91% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BOLT stock overvalued or undervalued?

Valuation metrics for BOLT: ROE of -125.9% (sector avg: 15%), net margin of -433.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy BOLT stock in 2026?

Our dual AI analysis gives Bolt Biotherapeutics, 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 BOLT's free cash flow?

Bolt Biotherapeutics, Inc.'s operating cash flow is $-39.9M, with capital expenditures of $72.0K. FCF margin is -518.8%.

How does BOLT compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -433.7% (avg: 12%), ROE -125.9% (avg: 15%), current ratio 3.59 (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 21, 2026 | Data as of: 2025-12-31 | Powered by Claude AI