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RXRX Stock Risk & Deep Value Analysis

Recursion Pharmaceuticals Inc

Healthcare • Biotechnology

DVR Score

7.3

out of 10

Solid Pick

What You Need to Know About RXRX Stock

We analyzed Recursion Pharmaceuticals Inc using our deep value framework. Sign in to see our full verdict and DVR Score.

We ran RXRX through our deep value framework — analyzing financial health, distress signals, competitive moat, and risk factors. Our risk assessment: Aggressive investment. Here's what we found.

Updated Apr 27, 2026Run Fresh Analysis →

RXRX Risk Analysis & Red Flags

What Could Go Wrong

The company continues to burn substantial cash with deeply negative margins. If clinical milestones or partnership expansions do not materialize rapidly enough to offset the burn, significant future equity dilution will be required, severely impacting shareholder value and potentially leading to a sharp decline in stock price.

Risk Matrix

Overall

Aggressive investment

Financial

High

Market

Medium

Competitive

High

Execution

High

Regulatory

Medium

Red Flags

  • Persistent insider selling by non-CEO/CFO executives (Gibson, Borgeson) in the last 90 days, despite positive news.

  • Deeply negative gross margins and high cash burn with no clear timeline to profitability.

  • Significant reliance on future capital raises to fund operations and pipeline development.

  • Current market cap implies extremely ambitious future revenue and profitability, making it vulnerable to any execution setbacks.

Upcoming Risk Events

  • 📅

    Failure to meet Q1 2026 EPS consensus

  • 📅

    Negative or inconclusive results from FDA discussions for REC-4881

  • 📅

    Continued high cash burn requiring significant future dilution

When to Reconsider

  • 🚪

    Exit if quarterly cash burn significantly accelerates without a clear corresponding acceleration in pipeline progress.

  • 🚪

    Sell if REC-4881 (FAP) clinical program faces unexpected delays or negative FDA feedback.

  • 🚪

    Reconsider if additional rounds of insider selling become widespread across executive leadership.

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What Does Recursion Pharmaceuticals Inc (RXRX) Do?

Market Cap

$1.85B

Sector

Healthcare

Industry

Biotechnology

Employees

800

Recursion Pharmaceuticals, Inc. operates as a clinical-stage biotechnology company, engages in the decoding biology and chemistry by integrating technological innovations across biology, chemistry, automation, data science, and engineering to industrialize drug discovery in the United States. The company develops REC-994, which is in Phase 2 clinical trial to treat cerebral cavernous malformation; REC-2282, which is in Phase 2/3 clinical trial for the treatment of neurofibromatosis type 2; REC-4881, which is in Phase 1b/2 clinical trial to treat familial adenomatous polyposis; REC-3964, which is in Phase 1 clinical trial to treat Clostridioides difficile infection; and REC-4881, which is in Phase 2 clinical trial to treat AXIN1 or APC mutant cancers. Its preclinical stage product includes RBM39 to treat HR-proficient ovarian cancer. The company has collaboration and agreement with Bayer AG; the University of Utah Research Foundation; Ohio State Innovation Foundation; Roche & Genentech; and Takeda Pharmaceutical Company Limited. Recursion Pharmaceuticals, Inc. was incorporated in 2013 and is headquartered in Salt Lake City, Utah.

Visit Recursion Pharmaceuticals Inc Website

Investment Thesis

Recursion Pharmaceuticals is a highly speculative, high-growth investment positioned to revolutionize drug discovery through its unique AI/ML-powered Biofoundry. Strategic partnerships with NVIDIA and Bayer, coupled with positive early clinical data (TUPELO), validate its platform's potential. Despite current unprofitability and high cash burn, successful progression of its pipeline and expansion of its 'drug-as-a-service' model could lead to exponential revenue growth and significant re-rating of its valuation.

Is RXRX Stock Undervalued?

Recursion Pharmaceuticals (RXRX) maintains significant long-term disruptive potential with its AI/ML Biofoundry and key partnerships. The recent Q4 2025 EPS beat (-$0.20 vs. -$0.30 consensus) indicates some operational efficiency gains. More importantly, positive Phase 1b/2 TUPELO data for REC-4881 (FAP) and BlackRock's increased 7.2% stake are strong positive catalysts and institutional endorsements, enhancing the company's momentum and future growth prospects. However, financial health remains a core concern with continued high cash burn and negative profitability, even if the Q1 2026 EPS estimate shows improvement. Persistent insider selling by key personnel signals a lack of conviction from some within, tempering enthusiasm. While the long-term vision is compelling, significant financial hurdles and potential future dilution keep the overall risk profile elevated, preventing a higher score despite strong strategic positioning and recent clinical progress.

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RXRX Price Targets & Strategy

12-Month Target

$7.20

Bull Case

$12.00

Bear Case

$2.50

Valuation Basis

Based on 35x forward P/S applied to estimated FY2027 revenue of $110M, leading to a projected market cap of $3.85B.

Entry Strategy

Dollar-cost average between $3.00-$3.50, building a position near recent support levels. Consider scaling in after Q1 2026 earnings for clearer financial trajectory.

Exit Strategy

Take partial profits at $7.00-$8.00 (analyst median target range) and $10.00+. Stop loss at $2.80 to limit downside, reflecting a break of recent lows.

Portfolio Allocation

5% for aggressive risk tolerance, given the early-stage nature and high potential.

Price Targets & Strategy

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Is RXRX Financially Healthy?

Profitability

Gross Margin

4.99%

Operating Margin

-880.85%

Net Margin

-863.35%

Return on Equity

-63.98%

Revenue Growth

26.92%

EPS

$-1.48

Balance Sheet

Current Ratio

5.50

Quick Ratio

5.42

Debt/Equity

0.02

Cash Flow

Free Cash Flow

-$387.80M

Other

Beta (Volatility)

1.08

Does RXRX Have a Competitive Moat?

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Moat Rating

🛡️ Narrow

Moat Trend

Expanding

Moat Sources

3 Identified

Intangible Assets/IP (proprietary AI/ML models, extensive biological and chemical datasets)Switching Costs (deep integration with pharma partners' R&D processes)Efficient Scale (high fixed costs of building a biofoundry, creating a barrier to entry for smaller players)

The moat is strengthening as Recursion accumulates more proprietary data, refines its AI models, and deepens partnerships. The complexity and cost of replicating its integrated AI/wet-lab platform create a significant barrier, but the field is competitive.

Moat Erosion Risks

  • Rapid advancements by competitors in AI/ML for drug discovery.
  • Failure to translate AI-driven discoveries into commercially viable drugs.
  • Talent drain of key AI/ML scientists and drug developers.

RXRX Competitive Moat Analysis

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RXRX Market Intelligence

Sentiment & Insider Activity

Social Sentiment

Neutral to cautiously Bullish. Retail investors recognize the AI potential but are wary of biotech's inherent risks and cash burn.

Institutional Sentiment

Positive, highlighted by BlackRock's increased 7.2% stake, counterbalanced by overall analyst 'Hold' to 'Overweight' ratings and lack of recent widespread upgrades.

Insider Activity (Form 4)

Director Christopher Gibson sold 40,000 Class A shares on April 22, 2026 ($144,400). Blake C. Borgeson sold 220,000 shares on Feb 3, 2026 ($924,000) and 170,000 shares on Mar 3, 2026 ($588,200), with a planned 30,000 sale on Apr 7, 2026.

Options Flow

Normal options activity; no specific data indicating unusual institutional positioning available in current research.

Earnings Intelligence

Next Earnings

Expected May 11, 2026

Surprise Probability

Medium (Q4 2025 beat consensus, but financials remain challenging)

Historical Earnings Pattern

Historically, the stock has shown volatility around earnings, reacting to pipeline updates and partnership news more so than traditional profitability metrics, given its early-stage nature.

Key Metrics to Watch

Q1 2026 Revenue (YoY growth rate)Cash burn rate and cash runwayUpdates on pipeline progression, especially REC-4881 FDA discussionsFull-year 2026 guidance adjustments

Competitive Position

Top Competitor

BenevolentAI (BEN.L) or Insitro (private)

Market Share Trend

Gaining ground in the nascent AI drug discovery market through strategic partnerships and successful preclinical/early clinical validation.

Valuation vs Peers

Trading at a significant premium on a P/S basis compared to traditional biotech companies due to its AI platform. However, comparable pure-play AI drug discovery companies are rare or privately held, making direct comparisons difficult.

Competitive Advantages

  • Proprietary AI-driven 'Biofoundry' platform for drug discovery.
  • Strategic partnerships with industry leaders like NVIDIA and Bayer.
  • Extensive dataset for AI model training and drug candidate identification.
  • Rapid prototyping and testing capabilities.

Market Intelligence

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What Could Drive RXRX Stock Higher?

Near-Term (0-6 months)

  • Q1 2026 Earnings Report (expected May 11, 2026)
  • FDA discussions planned for REC-4881 (FAP) Phase 1b/2 TUPELO data (1H 2026)
  • Potential new strategic partnership announcements

Medium-Term (6-18 months)

  • Advancement of additional pipeline assets into clinical trials
  • Expansion of existing NVIDIA and Bayer partnerships
  • Key data readouts from ongoing clinical programs

Long-Term (18+ months)

  • Establishment as a leading AI-driven drug discovery platform
  • Disruption of traditional pharmaceutical R&D processes
  • Successful commercialization of internal drug candidates

Catalysts & Growth Drivers

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What's the Bull Case for RXRX?

  • Acceleration in revenue growth and improving gross margin trends in future earnings reports.

  • Successful progression of key pipeline assets through clinical trials, leading to more advanced phase readouts or regulatory approvals.

  • Announcement of additional high-value strategic partnerships or licensing agreements.

Bull Case Analysis

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Competing with RXRX

See how Recursion Pharmaceuticals Inc compares to related companies

CompanyMarket CapDVR ScoreP/ERevenueProfit MarginRev Growth

Recursion Pharmaceuticals Inc

RXRX

$1.9B7.3$35.5M-863.4%26.9%

AbbVie Inc

ABBV

$403.8B0.1171.8Compare →

Johnson & Johnson

JNJ

1.0Compare →

Eli Lilly and Co

LLY

$965.0B0.552.6Compare →

Pfizer Inc

PFE

$150.6B0.219.4$62.6B12.4%-1.6%Compare →

UnitedHealth Group Inc

UNH

$276.2B0.322.9$113.7B2.7%1181.0%Compare →

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How Recursion Pharmaceuticals Inc Makes Money

Recursion Pharmaceuticals uses an advanced, integrated AI and machine learning platform, called a 'Biofoundry,' to discover and develop new drugs more efficiently and rapidly than traditional methods. They generate vast amounts of biological and chemical data, which their AI models analyze to identify potential drug candidates for various diseases. They make money through two primary avenues: collaborating with larger pharmaceutical companies (like Bayer) to accelerate their partners' drug discovery pipelines and by developing their own internal portfolio of drug candidates that they hope to bring to market or out-license, earning milestone payments and future royalties.

Read Full Business Model Breakdown

FAQ

What is the DVR Score for Recursion Pharmaceuticals Inc (RXRX)?

As of April 27, 2026, Recursion Pharmaceuticals Inc has a DVR Score of 7.3 out of 10, placing it in the "Solid Pick" category. This score is generated by our AI-powered deep value analysis framework that evaluates growth potential, financial health, competitive moat, and risk factors.

What is the market capitalization of Recursion Pharmaceuticals Inc?

Recursion Pharmaceuticals Inc's market capitalization is approximately $1.9B. The company operates in the Healthcare sector within the Biotechnology industry.

What ticker symbol does Recursion Pharmaceuticals Inc use?

RXRX is the ticker symbol for Recursion Pharmaceuticals Inc. The company trades on the NMS.

What is the risk level for RXRX stock?

Our analysis rates Recursion Pharmaceuticals Inc's overall risk as Aggressive investment. This assessment considers execution risk, market risk, financial risk, competitive risk, and regulatory risk. For a full breakdown, see the risk analysis section above.

Is Recursion Pharmaceuticals Inc's revenue growing?

Recursion Pharmaceuticals Inc has reported revenue growth of 26.9%. The company is showing strong top-line momentum.

Is RXRX stock profitable?

Recursion Pharmaceuticals Inc has a profit margin of -863.4%. The company is currently unprofitable.

How often is the RXRX DVR analysis updated?

Our AI-powered analysis of Recursion Pharmaceuticals Inc is refreshed regularly to incorporate the latest financial data, market conditions, and news. The most recent update was on April 27, 2026.

Important Disclaimer – Not Financial Advice

Deep Value Reports is an independent research platform for educational and informational purposes only. We are not financial advisors, investment advisors, or licensed professionals. The analysis, scores, and information provided on this page for RXRX (Recursion Pharmaceuticals Inc) should not be construed as personalized investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services.

All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research, consider your financial situation, and consult with a qualified financial advisor before making any investment decisions.

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