DailyTickers

NBTX — Nanobiotix S.A.

NASDAQ · Healthcare · August 28, 2026
$46.71 +0.02% Rejected Biotechnology Score 45 C-
$2.37B
Market Cap
347,800
Volume
N/A
Fwd P/E
0.568
Beta
N/A
52W Range
0.4%
Short Interest
$45.47
Analyst Target
N/A
EV/EBITDA
NBTX Chart
Click to enlarge

Verdict Express

C- Neutral Moderate confidence

Nanobiotix S.A. operates as a clinical-stage biotechnology that focuses on developing product candidates for the treatment of cancer and other unmet medical needs. Rejected. The original entry is no longer available at $46.71. Do not chase; rebuild the setup after a new base.

Why Buy

  • Revenue growth: 0.0%; earnings growth: 0.0%
  • Cash EUR 52.8M versus debt EUR 95.3M
  • Defined confirmation: Pull back, then reclaim $40.50

Why Avoid

  • The original entry is no longer available at $46.71. Do not chase; rebuild the setup after a new base.
  • First-target reward/risk at confirmation: 1.13R
  • Year-end cash was EUR52.8M, not dollars; the disclosed standalone runway was only through early 2028 before the offering.

Business Overview

Nanobiotix S.A. operates as a clinical-stage biotechnology that focuses on developing product candidates for the treatment of cancer and other unmet medical needs. Its lead product candidate is NBTXR3, a sterile aqueous suspension of crystalline hafnium oxide nanoparticles used for the treatment of soft tissue sarcoma, head and neck, liver, prostate, pancreatic, esophageal, rectal, and non-small cell lung cancer. The company has a partnership with Lian Oncology Limited to develop and commercialize NBTXR3 in China, South Korea, Singapore, and Thailand. Nanobiotix S.A. was incorporated in 2003 and is based in Paris, France.

Recent News

2026-06-22
Nanobiotix (NBTX) Provides Update on Operational Progress neutral
Context only; no trade conclusion is drawn from this headline.
Insider Monkey
2026-06-02
Nanobiotix Provides First Quarter 2026 Operational and Financial Update neutral
Context only; no trade conclusion is drawn from this headline.
GlobeNewswire
2026-06-02
Nanobiotix Joins Euronext Tech Leaders Index neutral
Context only; no trade conclusion is drawn from this headline.
MT Newswires
2026-06-02
Nanobiotix Joins the Euronext Tech Leaders Index neutral
Context only; no trade conclusion is drawn from this headline.
GlobeNewswire
2026-05-30
Nanobiotix Equity Raise Backs JNJ-1900 Progress And Volatile Share Rally positive
Potentially supportive for expectations; verify the magnitude in the primary release before acting.
Simply Wall St.

Fundamentals

MetricValueSignal
Revenue (TTM)EUR 32.6M0.0% YoY
EBITDAN/ANot meaningful / unavailable
Gross Margin100.0%Reported
Operating Margin-196.4%Loss-making
Net Margin-73.5%Negative
ROE0.0%Capital efficiency
CashEUR 52.8MLiquidity
DebtEUR 95.3MBalance-sheet claim
Forward P/EN/ANo estimate substituted
Intrinsic-value modelN/AFail-closed: insufficient inputs
Value / quality panel0 positive / 5 negative / 0 neutralbearish / confidence 52
Analyst Mean Target$45.47Consensus, not a guarantee

Insiders & Institutions

0.0%
Insider Own.
11.9%
Institution Own.

No structured transaction table was captured; aggregate counts are not used.

Capital Structure & Dilution

50.8M
Shares Out.
See filing review
Authorized
high
Dilution Risk

The 2026 offering raised EUR85M gross through 2.185M shares and 345,099 pre-funded warrants, about 5% immediate dilution. A $200M shelf and 5.624M JJDC resale shares are also registered.

SEC Filings Review

Official filings were reviewed through 2026-08-28; the table lists the decision-relevant documents rather than every routine filing. The C- grade describes the full dossier; the trade state (missed) is a separate timing decision.

DateFormAccessionWhat the filing changes
2026-05-22424B50001140361-26-022604Final terms for the equity and pre-funded-warrant offering.
2025-03-06F-30001140361-25-007433Establishes the $200M shelf and JJDC resale registration.

Contrarian checks

Short Interest

0.4%
SI % Float
0.95
Days to Cover
N/A
CTB

Current snapshot only; no acceleration claim without a comparable historical series.

Options / Derivatives

N/A
Call OI
N/A
Put OI
N/A
C/P Ratio
N/A
Max Pain
N/A
IV Mean

Unusual Activity: No unusual activity confirmed

Technical Analysis

RSI (14)60.1
EMA 20$41.24
EMA 50$39.67
EMA 200$31.32
MACD1.350
Signal0.918
ATR (14)$3.08
WyckoffTransitional
RSI 60.1 MISSED Rejected
Supports: $4.93 / $6.09 / $8.03
Resistances:

Technical Setup

Rejected. Required confirmation: Pull back, then reclaim $40.50. Available moving averages are shown with their provider type.

Performance & Benchmarks

95.3%
YTD
402.3%
1Y
N/A — insufficient point-in-time history
3Y
Not calculated without aligned benchmark bars.
Alpha

Macro Context

IndicatorValueSignal
Market regimeRisk-on 0.79Trend support, not a timing trigger
VIX14.51Low current protection price

Regime: risk-on

The broad regime supports long setups, but rates and ticker-specific confirmation override the label.

Risk Analysis

Risk Profile: High

Dilution: high; beta: 0.57; insider signal: unavailable.

Trade Structure

High
  • First-target reward/risk at confirmation: 1.13R
  • The original entry is no longer available at $46.71. Do not chase; rebuild the setup after a new base.
Probability
Impact
Pull back, then reclaim $40.50

Capital and Dilution

High
  • The 2026 offering raised EUR85M gross through 2.185M shares and 345,099 pre-funded warrants, about 5% immediate dilution. A $200M shelf and 5.624M JJDC resale shares are also registered.
  • Year-end cash was EUR52.8M, not dollars; the disclosed standalone runway was only through early 2028 before the offering.
  • The company remains largely dependent on JNJ-1900/Janssen and had another 4.985M potential shares under equity instruments.
Probability
Impact
SEC review: high dilution risk. Filings and accessions are listed below.

Positioning

Low
  • 0 insider buys vs 0 sells
  • Short interest: 0.4%
Probability
Impact
Positioning is context, not a standalone trigger.

Risk Synthesis

A precise stop does not make a setup valid. Entry location, normal volatility, event risk and reachable resistance decide whether the risk is paid.

Social Radar

Stocktwits
30
neutral
526 watchers; not used as a trigger.
Aggregate sentiment
2
positive
Confidence 13.8%.

Pump & Dump Score: 3/6

Suspect
No recent halt flag
Short interest below 20%
SEC-reviewed dilution risk is high

Capital Flow

N/A
Net Flow
N/A
Institutional
N/A
Retail
50.7%
Dark Pool %

No directional flow claim is made when detailed, aligned flow data is unavailable.

Trade Idea

MISSED — The original entry is no longer available at $46.71. Do not chase; rebuild the setup after a new base.
Entry Zone
$40.49
Original zone $40.49-$40.49. Pull back, then reclaim $40.50. At the conservative $40.50 confirmation price, TP1 pays 1.13R.
Stop Loss
$35.87
-11.41% risk
Target 1
$45.74
12.96% upside
Risk/Reward
Confirmation TP1 1:1.13; original plan 1:1.14
10 trading sessions

Thesis

Rejected. The original entry is no longer available at $46.71. Do not chase; rebuild the setup after a new base.

Catalysts

  • Crowded-positioning pressure is flagged, but it is not an entry trigger.
  • Borrow pressure is flagged as elevated; the exact cost-to-borrow rate is unavailable.
  • Pull back, then reclaim $40.50

Invalidation

  • Below $35.87
  • The original entry is no longer available at $46.71. Do not chase; rebuild the setup after a new base.
  • Any earnings, clinical, regulatory or financing event before entry requires a fresh review.

Global Score

C- Healthcare Neutral

Key Takeaways — Positive

  • Defined trigger: Pull back, then reclaim $40.50
  • Dilution assessment after filing review: high
  • Revenue growth: 0.0%

Key Takeaways — Risks

  • The original entry is no longer available at $46.71. Do not chase; rebuild the setup after a new base.
  • First-target R/R at confirmation: 1.13R
  • Year-end cash was EUR52.8M, not dollars; the disclosed standalone runway was only through early 2028 before the offering.
  • The company remains largely dependent on JNJ-1900/Janssen and had another 4.985M potential shares under equity instruments.

Mindset Tip

Wait for confirmation and preserve the invalidation.

Disclaimer

This analysis is provided for informational and educational purposes only. It does not constitute financial advice, investment recommendation, or solicitation to buy or sell any security.

Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. Always conduct your own research and consult a licensed financial advisor before making investment decisions.

Data comes from point-in-time market snapshots, company filings, Yahoo Finance, SEC EDGAR, and public market data. Accuracy is not guaranteed.

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