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Cabaletta Bio, Inc. (CABA) Fundamental Analysis & AI Grade 2026

CABA Nasdaq Biological Products, (No Diagnostic Substances) DE CIK: 0001759138
Updated This Month • Analysis: May 23, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
77% Confidence
STRONG AGREEMENT
C
72% Conf
C
82% Conf

📊 CABA Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: $-42.6M
Current Ratio: 2.95x
Debt/Equity: 0.00x
EPS: $-0.39
AI Grade: C with 72% confidence
Cabaletta Bio, Inc. (CABA) receives a C fundamental grade with 77% confidence from our AI analysis based on SEC 10-K filings., and return on equity (ROE) of -42.1% Below is our complete CABA stock analysis for 2026.

Is Cabaletta Bio, Inc. (CABA) a Good Investment?

Claude

Cabaletta Bio is a pre-revenue, clinical-stage biopharmaceutical company burning $42.6M quarterly with no commercial product revenue. Despite a strong cash position of $116.6M and zero debt, the company has only ~2.7 years of runway at current burn rates, requiring successful clinical execution and capital raise within near term to survive.

ChatGPT

Cabaletta Bio remains a pre-revenue biotech with deeply negative operating income, net income, and free cash flow, so the fundamentals are still driven by capital consumption rather than self-sustaining business performance. The balance sheet is helped by solid near-term liquidity and no long-term debt, but cash of $60.21M against operating cash burn of $95.74M suggests meaningful financing risk unless spending falls materially or clinical progress supports new funding on acceptable terms.

Cabaletta Bio, Inc. Key Strengths (CABA)

Claude
  • + Strong cash position of $116.6M provides 2.7+ years operational runway at current burn rate
  • + Zero debt and debt/equity ratio of 0.00x provides clean balance sheet with no solvency risk
  • + Healthy current and quick ratios of 2.95x indicates adequate short-term liquidity to fund operations
ChatGPT
  • + Strong liquidity ratios at 3.60x current and quick ratio support near-term operations
  • + No long-term debt and 0.00x debt/equity reduce balance-sheet leverage risk
  • + Positive equity base of $139.47M provides some financial cushion relative to liabilities

CABA Stock Risks: Cabaletta Bio, Inc. Investment Risks

Claude
  • ! Pre-revenue company with no commercialized products generating customer income
  • ! Quarterly operating losses of $44.3M and cash burn of $42.6M are unsustainable without inflection event
  • ! Limited runway of 2.7 years requires successful financing, partnership, or clinical milestone within near term or dilution risk escalates
  • ! Development-stage biotech dependent entirely on pipeline success; clinical failure, regulatory delays, or financing challenges eliminate value
ChatGPT
  • ! No revenue base means business quality depends entirely on pipeline execution rather than commercial fundamentals
  • ! Large operating loss of $129.63M and negative free cash flow of $96.76M indicate heavy ongoing cash burn
  • ! Cash and equivalents of $60.21M appear limited relative to annual operating cash outflow, raising dilution or capital-raise risk

Key Metrics to Watch

Claude
  • * Quarterly cash burn rate and cash runway timeline (next financing inflection point)
  • * Clinical trial progress, data readouts, and regulatory pathway advancement
  • * Strategic partnerships, licensing deals, or revenue-generating catalysts that extend runway or establish commercial viability
ChatGPT
  • * Quarterly operating cash burn relative to cash and equivalents
  • * Pipeline-driven revenue emergence or major reduction in operating losses

Cabaletta Bio, Inc. (CABA) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
$-43.5M
EPS (Diluted)
$-0.39
Free Cash Flow
$-42.6M
Total Assets
$148.1M
Cash Position
$116.6M

💡 AI Analyst Insight

Strong liquidity with a 2.95x current ratio provides a solid financial cushion.

CABA Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -42.1%
ROA -29.4%
FCF Margin N/A

CABA vs Healthcare Sector: How Cabaletta Bio, Inc. Compares

How Cabaletta Bio, Inc. compares to Healthcare sector averages

Net Margin
CABA 0.0%
vs
Sector Avg 12.0%
CABA Sector
ROE
CABA -42.1%
vs
Sector Avg 15.0%
CABA Sector
Current Ratio
CABA 2.9x
vs
Sector Avg 2.0x
CABA Sector
Debt/Equity
CABA 0.0x
vs
Sector Avg 0.6x
CABA Sector

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

Is Cabaletta Bio, Inc. Stock Overvalued? CABA Valuation Analysis 2026

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

Return on Equity
-42.1%
Sector avg: 15%
Net Profit Margin
N/A
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.

Cabaletta Bio, Inc. Balance Sheet: CABA Debt, Cash & Liquidity

Current Ratio
2.95x
Quick Ratio
2.95x
Debt/Equity
0.00x
Debt/Assets
30.3%
Interest Coverage
-69.65x
Long-term Debt
N/A

CABA Revenue & Earnings Growth: 5-Year Financial Trend

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

5-Year Trend Summary: Cabaletta Bio, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-2.34 indicates the company is currently unprofitable.

CABA 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

Cabaletta Bio, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$42.6M
Cash generated from operations
Dividends
None
No dividend program

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

Access official SEC EDGAR filings for Cabaletta Bio, Inc. (CIK: 0001759138)

📋 Recent SEC Filings

Date Form Document Action
Jun 3, 2026 8-K caba-20260603.htm View →
May 14, 2026 10-Q caba-20260331.htm View →
May 14, 2026 8-K caba-20260514.htm View →
May 14, 2026 8-K caba-20260514.htm View →
May 4, 2026 8-K d145767d8k.htm View →

Frequently Asked Questions about CABA

What is the AI rating for CABA?

Cabaletta Bio, Inc. (CABA) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CABA's key strengths?

Claude: Strong cash position of $116.6M provides 2.7+ years operational runway at current burn rate. Zero debt and debt/equity ratio of 0.00x provides clean balance sheet with no solvency risk. ChatGPT: Strong liquidity ratios at 3.60x current and quick ratio support near-term operations. No long-term debt and 0.00x debt/equity reduce balance-sheet leverage risk.

What are the risks of investing in CABA?

Claude: Pre-revenue company with no commercialized products generating customer income. Quarterly operating losses of $44.3M and cash burn of $42.6M are unsustainable without inflection event. ChatGPT: No revenue base means business quality depends entirely on pipeline execution rather than commercial fundamentals. Large operating loss of $129.63M and negative free cash flow of $96.76M indicate heavy ongoing cash burn.

What is CABA's revenue and growth?

Cabaletta Bio, Inc. reported revenue of N/A.

Does CABA pay dividends?

Cabaletta Bio, Inc. does not currently pay dividends.

Where can I find CABA SEC filings?

Official SEC filings for Cabaletta Bio, Inc. (CIK: 0001759138) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CABA's EPS?

Cabaletta Bio, Inc. has a diluted EPS of $-0.39.

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 grade reflects both perspectives for balanced insights.

What is CABA's fundamental grade?

Based on our AI fundamental analysis in June 2026, Cabaletta Bio, Inc. has a C grade with 77% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CABA stock overvalued or undervalued?

Valuation metrics for CABA: ROE of -42.1% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is CABA's AI grade for 2026?

Our dual AI analysis gives Cabaletta Bio, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CABA's free cash flow?

Cabaletta Bio, Inc.'s operating cash flow is $-42.6M, with capital expenditures of $0.0.

How does CABA compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin N/A (avg: 12%), ROE -42.1% (avg: 15%), current ratio 2.95 (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: May 23, 2026 | Data as of: 2026-03-31 | Powered by Claude AI