NAUT · NASDAQ · Biotechnology

Nautilus Biotechnology (NAUT)

Builds the Voyager platform for intact-protein and proteoform analysis.

$0.9212
Pre-market−0.04 (−4.22%)
At close$0.9618(+3.81%)
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Nautilus Biotechnology, Inc.NAUTHealth Care

Develops the Voyager platform, which uses Iterative Mapping to analyze intact proteins and proteoforms. The company is progressing from early access for a Tau proteoforms assay toward planned sales of instruments, reagents and proteome-analysis workflows.

Develops the Voyager platform to analyze intact proteins and proteoforms through Iterative Mapping, its proprietary analysis method. The company began external access with an Early Access Program for a Tau proteoforms assay and intends the offering to expand to Voyager instruments, reagents, targeted workflows and broadscale workflows for proteome analysis.

Based in Seattle and organized as a single reportable segment, Nautilus is a founder-led, development-stage life-sciences company. Its path from early access to commercial sales depends on platform validation, commercialization and customer adoption. Management's current plan calls for pre-orders to open before Voyager instrument shipments.

Company facts

CEOSujal Patel
ListedJun 10, 2021
ExchangeNASDAQ
HeadquartersSeattle, WA
CountryUnited States
Employees130
CIK0001808805
ISINUS63909J1088

Market cap$122.4M
EPS (ttm)−$0.4500
P/E (ttm)−2.14
ROE-37.6%
P/B0.9308
P/S644.18
Dividend yieldDiv yield
Beta1.56vs XLV −0.31

Price target$2.50+160.4%Avg of 5 analysts
ConsensusBuy3 of 5 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionPrior ratingRating
Dec 5, 2024Goldman SachsDowngradeNeutralSell

Next report
Oct 27, 2026
in 54 days
EPS estimate
−$0.14
Revenue estimate
$200.0K
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported−$0.14−$0.13−$0.12−$0.11−$0.11−$0.12−$0.11Pending
Estimate−$0.16−$0.14−$0.16−$0.15−$0.14−$0.15−$0.14−$0.14
Surprise+12.5%+7.1%+22.6%+26.7%+21.4%+17.2%+18.5%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$9.6M$190.0KPending
Estimate$1.3M$250.0K$100.0K$200.0K
Surprise+90.0%
Estimate−$0.14
ReportedDue Oct 27, 2026
Estimate$200.0K
ReportedDue Oct 27, 2026
View details

Debt to equity21.20%
Current ratio1,014.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$190.0K
Net income−$16.4M−$17.6M−$16.6M−$15.0M−$13.6M−$13.8M−$14.7M−$14.5M
Net margin0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$19.1M−$20.0M−$18.8M−$17.1M−$15.5M−$15.4M−$16.1M−$15.8M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $84.0M · Total debt $27.8M · Total assets $163.6M · Shareholders' equity $131.1M

Revenue
$190.0K
Operating income
−$15.8M
Net income
−$14.5M
View details

No dividends on record.

Institutions81 holders · as of Mar 31, 202642.70%54.34M shares
Insiders5 holders · as of Mar 4, 202634.55%43.97M shares
Strategic holders1 holder · as of Feb 10, 20225.64%7.17M shares
Otherremainder17.11%21.77M shares

127.26M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Parag MallickInsiderdirector, 10 percent owner, officer: Chief Scientist
17.73%22.56M13Dfiled Mar 4, 2026
Sujal M. Patel1Insiderdirector, 10 percent owner, officer: CEO, President, and Secretary
16.70%21.25M13Dfiled Mar 4, 2026
Ah Capital Management, L.L.C.Institution
13.87%17.65M13Fas of Mar 31, 2026
Perceptive Advisors LLCInstitution
9.90%12.59M13Fas of Mar 31, 2026
Cercano Management LLCInstitution
5.64%7.17M13Fas of Mar 31, 2026
See all 25
  1. Sujal M. Patel's transaction reports restate only vehicles that traded; the 2026 ownership statement (21.25M) is used instead.

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 2, 2026AH Equity Partners Bio II, L.L.C.10 percent owner−5,000,000$2.35
Mar 4, 2026Sujal M. Pateldirector, 10 percent owner, officer: CEO, President, and Secretary+25,000$2.61
Nov 6, 2025Kentaro Suzukiofficer: Chief Marketing Officer+4,000$1.49
Sep 5, 2025Sujal M. Pateldirector, 10 percent owner, officer: CEO, President, and Secretary+116,500$0.6742
Sep 8, 2025Sujal M. Pateldirector, 10 percent owner, officer: CEO, President, and Secretary+83,500$0.6830
View details

  • Thermo Fisher Scientific

    Orbitrap mass spectrometry and Olink proteomics at research scale

  • Bruker

    Mass spectrometry for deep proteomics and proteoform characterization

  • Agilent Technologies

    Mass spectrometry and chromatography for life-science workflows

  • Seer

    Deep, unbiased mass-spectrometry proteomics at scale

  • Quantum-Si

    Single-molecule protein sequencing for research proteomics

ComparePre-market

CompanyPriceChange
Nautilus Biotechnology$0.9212−4.22%$122.4M644.2
Thermo Fisher Scientific$608.54+0.02%$226.15B32.723.24.9+10.5%
Bruker$59.82+1.30%$8.98B26.12.6+5.2%
Agilent Technologies$152.51+0.75%$42.76B29.823.05.8+8.1%
Seer$1.93−2.53%$108.9M7.9−23.4%
Quantum-Si$0.7775+1.33%$150.5M93.8−41.8%
Median31.323.25.8+5.2%