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NASDAQ:FLNA

Cassava Sciences (FLNA) Stock Price, News & Analysis

Cassava Sciences logo
$0.73 +0.01 (+0.83%)
As of 04:00 PM Eastern

About Cassava Sciences Stock (NASDAQ:FLNA)

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Key Stats

Today's Range
$0.71
$0.73
50-Day Range
$0.68
$1.15
52-Week Range
$0.67
$4.98
Volume
122,757 shs
Average Volume
241,887 shs
Market Capitalization
$35.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00
Consensus Rating
Hold

Company Overview

Cassava Sciences, Inc. is a clinical-stage biopharmaceutical company focused on developing treatments for neurodegenerative diseases. The company’s research has centered on simufilam, an investigational oral therapy designed to target an altered form of the scaffolding protein filamin A that Cassava has linked to Alzheimer’s disease pathology.

Simufilam has been evaluated in clinical studies involving patients with Alzheimer’s disease, but it is an investigational product and is not approved for commercial use. Cassava Sciences has not marketed any approved products and has primarily operated as a research and development company serving the pharmaceutical and biotechnology markets.

Founded in 1998 as Pain Therapeutics, the company adopted the name Cassava Sciences in 2018. It is headquartered in Austin, Texas, and was founded by Remi Barbier, who has served as its chief executive officer. Cassava Sciences is generally associated with the Nasdaq ticker SAVA; the ticker FLNA does not appear to correspond to the company.

AI Generated. May Contain Errors.

Cassava Sciences Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
27th Percentile Overall Score

FLNA MarketRank™: 

Cassava Sciences scored higher than 27% of companies evaluated by MarketBeat, and ranked 663rd out of 905 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cassava Sciences has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and 1 sell rating.

  • Upside Potential

    Cassava Sciences has a consensus price target of $5.00, representing about 588.7% upside from its current price of $0.73.

  • Amount of Analyst Coverage

    Cassava Sciences has only been the subject of 1 research reports in the past 90 days.

  • Read more about Cassava Sciences' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cassava Sciences is -0.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cassava Sciences is -0.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Cassava Sciences has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    13.66% of the float of Cassava Sciences has been sold short.
  • Short Interest Ratio / Days to Cover

    Cassava Sciences has a short interest ratio ("days to cover") of 32.66, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Cassava Sciences has recently decreased by 0.28%, indicating that investor sentiment is improving.
  • Dividend Yield

    Cassava Sciences does not currently pay a dividend.

  • Dividend Growth

    Cassava Sciences does not have a long track record of dividend growth.

  • Search Interest

    Only 1 people have searched for FLNA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Cassava Sciences to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cassava Sciences insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    4.60% of the stock of Cassava Sciences is held by insiders.

  • Percentage Held by Institutions

    38.05% of the stock of Cassava Sciences is held by institutions.

  • Read more about Cassava Sciences' insider trading history.
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FLNA Stock News Headlines

BlackRock, Vanguard... and a 2.8 million-share buyback
Management just backed a $100 million buyback, repurchasing 2.8 million shares at an average price of $35.26 in one quarter. Institutions own about 83% of shares, including BlackRock's 32 million shares worth $716 million and Vanguard's 48 million shares worth nearly $1.1 billion. A new multi-year deal with Palantir adds an AI-driven edge to this energy producer's operations.tc pixel
Filana Therapeutics Inc FLNA
Data I/O And 2 Other Promising Penny Stocks To Watch
See More Headlines

FLNA Stock Analysis - Frequently Asked Questions

Cassava Sciences' stock was trading at $1.98 on January 1st, 2026. Since then, FLNA stock has decreased by 63.3% and is now trading at $0.7260.

Cassava Sciences, Inc. (NASDAQ:FLNA) announced its quarterly earnings data on Wednesday, July, 29th. The company reported ($0.18) EPS for the quarter.

Cassava Sciences's stock split on the morning of Thursday, December 21st 2023.The 14-10 split was announced on Thursday, December 21st 2023. The newly minted shares were payable to shareholders after the market closes on Thursday, December 21st 2023. An investor that had 100 shares of stock prior to the split would have 140 shares after the split.

Shares of FLNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cassava Sciences investors own include Waste Connections (WCN), Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

Last Earnings
7/29/2026
Today
9/18/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Pharmaceuticals
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:FLNA
Previous Symbol
NASDAQ:SAVA
CIK
1069530
Employees
30
Year Founded
1998

Price Target and Rating

High Price Target
$5.00
Low Price Target
$5.00
Potential Upside/Downside
+588.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.87)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$90.97 million
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-58.78%
Return on Assets
-36.74%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
2.08
Quick Ratio
2.08

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.54 per share
Price / Book
0.47

Miscellaneous

Outstanding Shares
48,310,000
Free Float
46,086,000
Market Cap
$35.07 million
Optionable
Optionable
Beta
-0.69

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This page (NASDAQ:FLNA) was last updated on 9/18/2026 by MarketBeat.com Staff.
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