Stocks · Healthcare · Biotechnology

Dianthus Therapeutics, Inc. DNTH

$88.21 -0.12% Close, Oct 2, 2026 · NASDAQ · Market cap $4.93B

Next earnings report: Nov 5, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Operating margin narrowed to -11441.4% from -2676.6% a year earlier.
  2. The diluted share count rose 56.4% in a year.
  3. Revenue over the last four quarters was $1.9M, down 60.8% from a year earlier, accelerating from -79.5% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Healthcare sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth23Very weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 9%
  • Revenue growth, 3-year CAGRBottom 5%
  • Revenue growth accelerationTop 9%
Quality27Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 49%
  • Gross marginTop 12%
  • Operating marginBottom 3%
  • Accruals (lower is better)Bottom 7%
Value48Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 30%
  • Free-cash-flow yieldTop 47%
  • EBITDA / enterprise valueTop 39%
  • Sales / enterprise valueBottom 2%
Momentum74Positive

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 8%
  • 6-month returnBottom 45%
  • 1-year return vs S&P 500Top 11%
  • Distance from 52-week highTop 40%
  • Trend checklist (0–4)Top 39%
Revisions37Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 29%
  • Consecutive EPS beatsBottom 20%
  • Share of analysts rating BuyTop 10%
  • Upside to consensus price targetBottom 42%
Stability79Positive

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 37%
  • Maximum drawdown, 3 yearsTop 27%
  • Beta vs S&P 500 (lower is better)Top 33%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-79.5%-60.8%↑
Gross margin100.0%96.0%↓
Operating margin-2676.6%-11441.4%↓
FCF margin-2067.6%-8178.0%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-60.8%-79.5%↑Bottom 9%
Gross margin96.0%100.0%↓Top 12%
Operating margin-11441.4%-2676.6%↓Bottom 3%
Net margin-1570.9%-2364.1%↑—
Free-cash-flow margin-8178.0%-2067.6%↓—
Return on invested capital-18.5%—Top 49%
Revenue growth, 3-year CAGR-31.8%—Bottom 5%

Quality of earnings and balance sheet

Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
10.3%
Stock-based compensation / revenueA cost to shareholders through dilution.
1800.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+232.6 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
Net cash

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
-1.31%
Shareholder yield
-1.31%
Share count change, 1 year
+56.4%
Share count change, 3-year CAGR
+145.4%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
0
Beats in the last 8 reports
3 of 8
Average EPS surprise, last 4
-9.4%
Average 2-day reaction, last 8
+2.8%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$126.83
Target vs current price
+43.8%
Analysts with a rating
11
Share rating Buy or Strong Buy
100%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 4, 2026-6.3%+4.1%+5.5%-0.4%—
May 5, 2026+27.4%+1.0%-2.5%-8.7%+26.1%
Mar 9, 2026-45.9%+21.5%+19.4%+31.1%+25.1%
Nov 5, 2025-12.8%+1.6%+8.7%+32.4%+60.2%
Aug 7, 2025-2.3%-6.1%+2.3%+20.9%+65.5%
May 12, 2025+4.7%+2.5%+0.5%-7.1%+4.1%
Mar 11, 2025+4.7%-3.9%-9.7%-35.9%-26.2%
Nov 7, 2024-25.4%+1.7%-10.4%-19.6%-15.9%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 4, 2026-$0.90-$0.85-6.3%$761,000
May 5, 2026-$0.85-$1.17+27.4%$463,000
Mar 9, 2026-$1.43-$0.98-45.9%$284,000
Nov 5, 2025-$0.97-$0.86-12.8%$396,000
Aug 7, 2025-$0.88-$0.86-2.3%$193,000
May 12, 2025-$0.82-$0.86+4.7%$1.2M
Mar 11, 2025-$0.81-$0.85+4.7%$1.3M
Nov 7, 2024-$0.74-$0.59-25.4%$2.2M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
EV / Sales2533.99×——Bottom 2%
Free-cash-flow yield-3.16%——Top 47%
Earnings yield-0.15%——Top 30%

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
283
50-day average slope (20 days)
-0.2%
200-day average slope (20 days)
+7.3%
Distance from 50-day average
-15.7%
Distance from 200-day average
+8.7%
RSI (14)
29.7
Relative volume
0.83×

Risk and drawdowns

Volatility, 60 days (annualized)
48.7%
Volatility vs own 5-year history
4th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
0.84
Correlation with S&P 500
0.20
Current drawdown from 1-year high
-23.9%
Maximum drawdown, 3 years
-53.5%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Apr 5, 2021Dec 29, 2022-97.5%439 daysNot yet recovered
Oct 13, 2020Nov 9, 2020-20.5%19 days29 days (Dec 21, 2020)
Feb 10, 2021Feb 18, 2021-15.8%5 days4 days (Feb 24, 2021)
Mar 10, 2021Mar 30, 2021-14.6%14 days3 days (Apr 5, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$4.93B
EPS, diluted (TTM)
-$0.13
Revenue (TTM)
$1.9M
52-week range
$32.22 – $117.88
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.5M$6.4M$2.8M$6.2M$2.0M
Gross profit$1.5M$6.4M$2.8M$6.2M$2.0M
Operating income-$13.1M-$29.7M-$48.2M-$101.9M-$177.9M
Net income-$13.1M-$28.5M-$43.6M-$85.0M-$162.3M
EPS (diluted)-$3.82-$7.60-$8.45-$2.55-$4.20
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$2.2M$1.3M$1.2M$193,000$396,000$284,000$463,000$761,000
Net income-$25.2M-$28.4M-$29.5M-$31.6M-$36.8M$97.9M-$40.8M-$50.2M
EPS (diluted)-$0.74-$0.81-$0.82-$0.88-$0.97$2.59-$0.85-$0.90
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$59.5M-$29.1M-$36.9M-$78.2M-$129.1M
Capital expenditure-$1.3M-$139,000-$110,000-$105,000-$213,000
Free cash flow-$60.8M-$29.2M-$37.0M-$78.3M-$129.3M
Dividends paid$0$0$0$0$0
Net share buybacks$89.6M$0$72.0M$269.2M$280.1M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$886.8M
Total assets
$1.21B
Total liabilities
$41.2M
Total debt
$1.3M
Net debt
-$109.3M
Shareholders’ equity
$1.17B

As of Jun 30, 2026 (filed Aug 4, 2026).

Short interest

Shares sold short
8,829,663
Days to cover
14.42
Change vs previous report
+4.7%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Sep 12, 2023
1-for-16