MATINAS BIOPHARMA HOLDINGS INC (MTNB)

AMEXHealth CareBiotechnologySnapshot 2026-10-23

$1.70-0.58%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge MATINAS BIOPHARMA HOLDINGS INC’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

Comparable estimates unavailable

+10% or more+5%0%−5%−10% or less

A matching fiscal period and sufficient coverage are required.

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

The calculation requires same-period, same-provider snapshots, positive EPS, at least five analysts and a baseline within three days of the requested lookback.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	25,000
EPS	—	-22.5
Annual ending 2026-12-31
Revenue	—	93.32M
EPS	—	-75
Annual ending 2027-12-31
Revenue	—	45.2M
EPS	—	-37.5

Management figures unavailable.

What the Thesis Depends On

Three published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain stable executive leadership during CFO transition	A supporting condition in MATINAS BIOPHARMA HOLDINGS INC's published investment case. The stated target is No further executive departures disrupting operations.	Under Pressure	Additional key executive departures or leadership disruptions	1 executive departure vs 0 allowed Board member resignation reported in July 2026, confirming leadership instability during the CFO transition period. Context reviewed through Oct 23, 2026Last status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Newly stated in 2026-Q3. Management disclosed the resignation of a board director, indicating an ongoing executive leadership transition. No further details or multiple disclosures were provided, so the priority is acknowledged but with limited evidence of broader leadership changes. Delivery assessment Oct 24, 2026
Reduce net losses and improve operating income	Matinas is cutting losses and improving operating income.	Intact	Operating income falls below -$1.94M	Operating income: $-1.555M FY2026-Q2; GAAP. Published target: Operating income better than -$1.94M. The stored target says 2026-Q1; this source reports FY2026-Q2. Fiscal/calendar alignment needs review. Source published Aug 13, 2026-1,555,000 USD · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q2 · Period ending Jun 30, 2026 Source: company_financial_results. Reference: 23036122-407a-41fb-9738-b9dee873465c. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Resolve NYSE listing compliance issues	Management works to fix NYSE compliance problems.	Under Pressure	Any new NYSE noncompliance notice or delisting	2 noncompliance notices vs 0 target NYSE issued noncompliance notices in June and September 2026 for failing to meet $4.0M stockholders' equity requirements. Context reviewed through Oct 23, 2026Last status assessment Oct 24, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS: comparable history unavailable.

FY2027 revenue: comparable history unavailable.

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	Unavailable	Unavailable	1 / 1
2026-07-25	Unavailable	Unavailable	1 / 1
2026-07-26	Unavailable	Unavailable	1 / 1
2026-07-27	Unavailable	Unavailable	1 / 1
2026-07-28	Unavailable	Unavailable	1 / 1
2026-07-29	Unavailable	Unavailable	1 / 1
2026-07-30	Unavailable	Unavailable	1 / 1
2026-07-31	Unavailable	Unavailable	1 / 1
2026-08-01	Unavailable	Unavailable	1 / 1
2026-08-02	Unavailable	Unavailable	1 / 1
2026-08-03	Unavailable	Unavailable	1 / 1
2026-08-04	Unavailable	Unavailable	1 / 1
2026-08-05	Unavailable	Unavailable	1 / 1
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2026-08-09	Unavailable	Unavailable	1 / 1
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2026-08-12	Unavailable	Unavailable	1 / 1
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2026-08-18	Unavailable	Unavailable	1 / 1
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2026-09-01	Unavailable	Unavailable	1 / 1
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2026-09-22	Unavailable	Unavailable	1 / 1
2026-09-23	Unavailable	Unavailable	1 / 1
2026-09-24	Unavailable	Unavailable	1 / 1
2026-09-25	Unavailable	Unavailable	1 / 1
2026-09-26	Unavailable	Unavailable	1 / 1
2026-09-27	Unavailable	Unavailable	1 / 1
2026-09-28	Unavailable	Unavailable	1 / 1
2026-09-29	Unavailable	Unavailable	1 / 1
2026-09-30	Unavailable	Unavailable	1 / 1
2026-10-01	Unavailable	Unavailable	1 / 1
2026-10-02	Unavailable	Unavailable	1 / 1
2026-10-03	Unavailable	Unavailable	1 / 1
2026-10-04	Unavailable	Unavailable	1 / 1
2026-10-05	Unavailable	Unavailable	1 / 1
2026-10-06	Unavailable	Unavailable	1 / 1
2026-10-07	Unavailable	Unavailable	1 / 1
2026-10-08	Unavailable	Unavailable	1 / 1
2026-10-09	Unavailable	Unavailable	1 / 1
2026-10-10	Unavailable	Unavailable	1 / 1
2026-10-11	Unavailable	Unavailable	1 / 1
2026-10-12	Unavailable	Unavailable	1 / 1
2026-10-13	Unavailable	Unavailable	1 / 1
2026-10-14	Unavailable	Unavailable	1 / 1
2026-10-15	Unavailable	Unavailable	1 / 1
2026-10-16	Unavailable	Unavailable	1 / 1
2026-10-17	Unavailable	Unavailable	1 / 1
2026-10-18	Unavailable	Unavailable	1 / 1
2026-10-19	Unavailable	Unavailable	1 / 1
2026-10-20	Unavailable	Unavailable	1 / 1
2026-10-21	Unavailable	Unavailable	1 / 1
2026-10-22	Unavailable	Unavailable	1 / 1
2026-10-23	Unavailable	Unavailable	1 / 1
2026-10-24	Unavailable	Unavailable	1 / 1

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Monthly analyst history is unavailable.

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain stable executive leadership during CFO transitionPublished status: Under Pressure
Reduce net losses and improve operating incomeOperating income: $-1.555M
Resolve NYSE listing compliance issuesPublished status: Under Pressure

Next proof point

Nov 9, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

3.8%Typical daily move · historical

Downside history

-93.7%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

MATINAS BIOPHARMA HOLDINGS INC outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a high-risk, loss-making company with volatile management signals, rather than an established compounder. Its long-term thesis is in a watch state: management has a formal plan to regain listing compliance, but compliance is not yet achieved and the evidence base is low-confidence.

What's priced into MATINAS BIOPHARMA HOLDINGS INC

The valuation evidence describes MTNB as cheap versus peers, but confidence in that comparison is low and the company is loss-making. The evidence does not specify what earnings or growth expectations the market assumes, so the expectations gap is unclear.

What the fundamentals likely do

Near term, results may remain uneven: the estimated chance of a next-quarter earnings miss is elevated, and recent performance is neutral but below the industry cohort. Management has raised capital for working needs and is focused on restoring listing compliance, while stockholders’ equity has declined and ongoing losses remain a risk. The healthcare sector backdrop has strengthened, but it does not resolve these company-specific issues.

What MATINAS BIOPHARMA HOLDINGS INC hinges on

Over the multi-year view, a key swing factor is whether MTNB can regain compliance by the deadline in its accepted plan and manage its funding needs without worsening the equity position. Near term, a weakening jobs trend could add pressure, while continued earnings strength from healthcare bellwethers could support the sector backdrop; misses or lower guidance from those companies could weaken that support.