Ird.O
Opus Genetics Inc (IRD.O) is a biotechnology company operating within the Health Care sector, generating revenue from its biotech activities while currently incurring operating losses.
Business. Opus Genetics Inc (IRD.O) is a biotechnology company operating within the Health Care sector, generating revenue from its biotech activities while currently incurring operating losses.
Analyst recommendations
19 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Opus Genetics Inc (IRD.O) is a biotechnology company operating within the Health Care sector, generating revenue from its biotech activities while currently incurring operating losses.
- Strong liquidity position with $45.09 million in cash and equivalents, exceeding total liabilities.
- High valuation multiples, including a price-to-book ratio of 17.49 and EV-to-revenue of 18.73, reflect growth expectations.
- Significant unprofitability with net income of -$49.59 million and negative operating cash flow of -$35.25 million.
- Low debt-to-equity ratio of 0.07 indicates minimal leverage and conservative capital structure.
- Strong analyst support with a mean recommendation of 1.74 and a mean price target of $10.56.
- Lack of historical data and segment details limits the ability to assess growth trends and revenue concentration.
Bull / Bear case
analysis pipelineIn focus — financials by report
Revenue $2.2M, −50,6% YoY; Operating income −44,7% YoY.
- ▍Revenue $2.2M, −50,6% YoY
- ▍Operating income −44,7% YoY
- ▍Net income −699,8% YoY
- ▍Free cash flow −700,9% YoY
- ▍Net margin -3038.2%
Revenue $3.9M, −10,2% YoY; Operating income +69,9% YoY.
- ▍Revenue $3.9M, −10,2% YoY
- ▍Operating income +69,9% YoY
- ▍Net income +53,0% YoY
- ▍Free cash flow +53,0% YoY
- ▍Net margin -427.5%
Revenue $3.1M, −20,4% YoY; Operating income −3,8% YoY.
- ▍Revenue $3.1M, −20,4% YoY
- ▍Operating income −3,8% YoY
- ▍Net income −131,9% YoY
- ▍Free cash flow −131,7% YoY
- ▍Net margin -566.9%
Revenue $2.9M, +159,2% YoY; Operating income −6,9% YoY.
- ▍Revenue $2.9M, +159,2% YoY
- ▍Operating income −6,9% YoY
- ▍Net income +4,4% YoY
- ▍Free cash flow +4,6% YoY
- ▍Net margin -257.5%
Revenue $4.4M; Operating income -$9.9M.
- ▍Revenue $4.4M
- ▍Operating income -$9.9M
- ▍Net margin -187.5%
Revenue $4.3M; Operating income -$38.0M.
- ▍Revenue $4.3M
- ▍Operating income -$38.0M
- ▍Net margin -816.7%
Revenue $3.9M; Operating income -$8.0M.
- ▍Revenue $3.9M
- ▍Operating income -$8.0M
- ▍Net margin -194.6%
Revenue $1.1M; Operating income -$8.3M.
- ▍Revenue $1.1M
- ▍Operating income -$8.3M
- ▍Net margin -698.3%
Revenue $14.2M, +29,1% YoY; Operating income +37,8% YoY.
- ▍Revenue $14.2M, +29,1% YoY
- ▍Operating income +37,8% YoY
- ▍Net income +13,8% YoY
- ▍Free cash flow +13,9% YoY
- ▍Net margin -349.3%
Revenue $11.0M, −42,3% YoY; Operating income −487,7% YoY.
- ▍Revenue $11.0M, −42,3% YoY
- ▍Operating income −487,7% YoY
- ▍Net income −476,1% YoY
- ▍Free cash flow −476,4% YoY
- ▍Net margin -523.4%
Revenue $19.0M, −52,2% YoY; Operating income −158,0% YoY.
- ▍Revenue $19.0M, −52,2% YoY
- ▍Operating income −158,0% YoY
- ▍Net income −155,8% YoY
- ▍Free cash flow −155,8% YoY
- ▍Net margin -52.4%
Revenue $39.9M, +6 665,7% YoY; Operating income +180,3% YoY.
- ▍Revenue $39.9M, +6 665,7% YoY
- ▍Operating income +180,3% YoY
- ▍Net income +131,6% YoY
- ▍Free cash flow +131,6% YoY
- ▍Net margin 44.9%
Valuation TTM
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -1,08 |
| Revenue | —no estimate | —no estimate | 13,4M USD |
| Operating income | —no estimate | —no estimate | -52,8M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Reference data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Market Capmarket_price * shares_outstanding_diluted
- Opus Genetics, Inc. Market data — financials · 2026-07-31
- reconciler_enqueue (reconciler) on IRD.O · 2026-07-31
- Opus Genetics Inc Market data — analyst estimates · 2026-07-31
- IRD.O HA canonical relationships · 2026-07-31
Ownership & reference
Top holders
- Institutional Investor · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2025-12-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2024-06-300,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Leadership
- Benjamin R. YerxaPresident, Director
Insider activity
- Director, Chief Executive Officer · Common StockSold 9 475 @ $2,95$28K · 2026-07-23
- Chief Financial Officer · Common StockSold 7 783 @ $2,95$23K · 2026-07-23
- Chief Operating Officer · Common StockSold 4 644 @ $2,94$14K · 2026-07-23
- Director, President · Common StockSold 7 429 @ $2,97$22K · 2026-07-23
- Director, See Remarks · Common StockSold 1 700 000 @ $4,35$7,4M · 2026-05-18
- Director, President · Common StockSold 7 470 @ $5,24$39K · 2026-04-23
- Chief Operating Officer · Common StockSold 4 697 @ $5,22$25K · 2026-04-23
- Head of Fin. Quality Assurance · Common StockSold 1 641 @ $5,20$9K · 2026-04-23
- Director, Chief Executive Officer · Common StockSold 9 511 @ $5,22$50K · 2026-04-23
- Chief Scientific & Dev. Ofc. · Common StockSold 7 542 @ $5,19$39K · 2026-04-23
- Chief Financial Officer · Common StockSold 7 842 @ $5,18$41K · 2026-04-23
- Director · Common StockOther 24 367 · 2026-04-20
- Director · Common StockOther 24 367 · 2026-04-20
- Director · Common StockOther 24 367 · 2026-04-20
- Director · Common StockOther 24 367 · 2026-04-20
- Director · Common StockOther 24 367 · 2026-04-20
- Director · Common StockOther 24 367 · 2026-04-20
- Director · Common StockOther 24 367 · 2026-04-20
- Chief Operating Officer · Common StockSold 3 719 @ $5,25$20K · 2026-03-16
- Head of Fin. Quality Assurance · Common StockSold 2 816 @ $5,25$15K · 2026-03-16
- Director, Chief Executive Officer · Common StockSold 24 438 @ $5,21$127K · 2026-03-16
- Chief Scientific & Dev. Ofc. · Common StockSold 3 719 @ $5,12$19K · 2026-03-16
- Chief Scientific & Dev. Ofc. · Common StockOther 5 313 @ $3,39$18K · 2026-02-12
- Chief Operating Officer · Common StockOther 250 000 · 2026-01-22
- Director, Chief Executive Officer · Common StockOther 483 639 · 2026-01-22
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-12-31 vs 2024-12-31): 36.3%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 208.9%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 48.7%Derived (calculated)
- Return on equity (FY 2025-12-31): -323.1%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 128.3%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 29.1%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 37.8%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -37.8%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): 13.8%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 62.8%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 62.8%Derived (calculated)
- Debt-to-equity (FY 2025-12-31): 2.27xDerived (calculated)
- Current ratio (FY 2025-12-31): 6.43xDerived (calculated)
- Net margin (FY 2025-12-31): -349.3%Derived (calculated)
- Return on assets (FY 2025-12-31): -98.7%Derived (calculated)
- Operating income (annual): USD -38.6MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -1SEC XBRL filing
- Operating cash flow (annual): USD -35.25MSEC XBRL filing
- Total liabilities (annual): USD 34.9MSEC XBRL filing
- Cash & equivalents (annual): USD 45.09MSEC XBRL filing
- Revenue (annual): USD 14.2MSEC XBRL filing
- Pre-tax income (annual): USD -49.59MSEC XBRL filing
- Shares outstanding (annual): 69.89MSEC XBRL filing