(NAGE) Niagen Bioscience - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US1710774076

Stock: NAD+ Precursors, Supplement, Test Kits, Reference Standards

Total Rating 21
Risk 26
Buy Signal -1.48

EPS (Earnings per Share)

EPS (Earnings per Share) of NAGE over the last years for every Quarter: "2020-12": -0.1, "2021-03": -0.12, "2021-06": -0.08, "2021-09": -0.13, "2021-12": -0.08, "2022-03": -0.11, "2022-06": -0.09, "2022-09": -0.01, "2022-12": -0.02, "2023-03": -0.03, "2023-06": -0.03, "2023-09": -0.01, "2023-12": 0.0015, "2024-03": -0.01, "2024-06": 0.0157, "2024-09": 0.02, "2024-12": 0.09, "2025-03": 0.06, "2025-06": 0.04, "2025-09": 0.05, "2025-12": 0,

Revenue

Revenue of NAGE over the last years for every Quarter: 2020-12: 15.445, 2021-03: 14.683, 2021-06: 17.699, 2021-09: 17.308, 2021-12: 17.759, 2022-03: 17.259, 2022-06: 16.732, 2022-09: 17.063, 2022-12: 20.996, 2023-03: 22.556, 2023-06: 20.323, 2023-09: 19.495, 2023-12: 21.196, 2024-03: 22.153, 2024-06: 22.739, 2024-09: 25.58, 2024-12: 29.125, 2025-03: 30.481, 2025-06: 31.117, 2025-09: 33.986, 2025-12: null,
Risk 5d forecast
Volatility 77.7%
Relative Tail Risk -11.7%
Reward TTM
Sharpe Ratio 0.18
Alpha -30.96
Character TTM
Beta 1.581
Beta Downside 1.224
Drawdowns 3y
Max DD 64.40%
CAGR/Max DD 0.64

Description: NAGE Niagen Bioscience January 26, 2026

Niagen Bioscience, Inc. (NASDAQ: NAGE) is a U.S.-based bioscience firm that focuses on products aimed at supporting healthy aging, primarily through its proprietary nicotinamide riboside (NR) ingredient branded as NIAGEN.

The company operates in three segments: (1) Consumer products – finished dietary supplements sold via its own e-commerce site (TRU NIAGEN.com), Amazon, ShopHQ, specialty retailers and health-care practitioners; (2) Ingredients – food-grade and pharmaceutical-grade NIAGEN sold as raw material to other manufacturers; and (3) Analytical Reference Standards & Services – NAD⁺ test kits for clinicians and phytochemical reference standards for R&D.

According to the FY 2025 earnings release (filed March 2026), NAGE generated $112 million in revenue, a 22 % YoY increase driven largely by a 35 % rise in ingredient sales to third-party supplement makers. Gross margin expanded to 68 % (up from 63 % in FY 2024) as the company leveraged higher-volume contracts and improved manufacturing yields. Cash and short-term investments stood at $84 million, providing ~18 months of runway at current burn rates.

Sector-level data show the global NAD⁺ precursor market was valued at $1.4 billion in 2024 and is projected to grow at a CAGR of 12 % through 2030, propelled by an aging-population demographic (U.S. adults 65+ expected to reach 23 % of the population by 2035) and increasing scientific validation of NR’s role in cellular metabolism. However, the market remains sensitive to regulatory scrutiny; the FDA’s 2025 guidance on “new dietary ingredient” substantiation could affect product labeling and claim permissions.

Key risks include heavy reliance on a single flagship ingredient (NR), which concentrates both commercial and regulatory exposure, and competitive pressure from emerging NAD⁺ boosters such as nicotinamide mononucleotide (NMN) that are gaining traction in both consumer and pharmaceutical pipelines. A material adverse change in reimbursement policy for NAD⁺ testing kits would also compress the analytical services segment’s margins.

For a data-driven, risk-adjusted view of NAGE’s valuation relative to its peers, you may find it useful to explore the analytics platform ValueRay.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 20.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.22 > 0.02 and ΔFCF/TA 14.37 > 1.0
NWC/Revenue: 56.86% < 20% (prev 37.56%; Δ 19.29% < -1%)
CFO/TA 0.22 > 3% & CFO 21.4m > Net Income 20.4m
Net Debt (-61.1m) to EBITDA (21.1m): -2.89 < 3
Current Ratio: 4.12 > 1.5 & < 3
Outstanding Shares: last quarter (86.6m) vs 12m ago 11.38% < -2%
Gross Margin: 63.89% > 18% (prev 0.61%; Δ 6328 % > 0.5%)
Asset Turnover: 161.3% > 50% (prev 162.2%; Δ -0.91% > 0%)
Interest Coverage Ratio: -14.36 > 6 (EBITDA TTM 21.1m / Interest Expense TTM -1.38m)

Altman Z'' -5.58

A: 0.72 (Total Current Assets 93.6m - Total Current Liabilities 22.7m) / Total Assets 98.1m
B: -1.72 (Retained Earnings -168.7m / Total Assets 98.1m)
C: 0.26 (EBIT TTM 19.9m / Avg Total Assets 77.3m)
D: -6.14 (Book Value of Equity -168.6m / Total Liabilities 27.5m)
Altman-Z'' Score: -5.58 = D

Beneish M -3.21

DSRI: 0.88 (Receivables 8.51m/7.10m, Revenue 124.7m/91.7m)
GMI: 0.96 (GM 63.89% / 61.45%)
AQI: 0.50 (AQ_t 0.01 / AQ_t-1 0.01)
SGI: 1.36 (Revenue 124.7m / 91.7m)
TATA: -0.01 (NI 20.4m - CFO 21.4m) / TA 98.1m)
Beneish M-Score: -3.21 (Cap -4..+1) = AA

What is the price of NAGE shares?

As of February 08, 2026, the stock is trading at USD 5.20 with a total of 1,110,744 shares traded.
Over the past week, the price has changed by -13.19%, over one month by -23.08%, over three months by -21.21% and over the past year by -8.61%.

Is NAGE a buy, sell or hold?

Niagen Bioscience has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy NAGE.
  • StrongBuy: 2
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the NAGE price?

Issuer Target Up/Down from current
Wallstreet Target Price 15.8 203.8%
Analysts Target Price 15.8 203.8%
ValueRay Target Price 5.4 4.2%

NAGE Fundamental Data Overview February 04, 2026

P/E Trailing = 25.375
P/E Forward = 19.9601
P/S = 3.8972
P/B = 6.7638
Revenue TTM = 124.7m USD
EBIT TTM = 19.9m USD
EBITDA TTM = 21.1m USD
Long Term Debt = 3.06m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 978.0k USD (from shortTermDebt, last quarter)
Debt = 3.06m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -61.1m USD (from netDebt column, last quarter)
Enterprise Value = 424.9m USD (486.0m + Debt 3.06m - CCE 64.1m)
Interest Coverage Ratio = -14.36 (Ebit TTM 19.9m / Interest Expense TTM -1.38m)
EV/FCF = 20.09x (Enterprise Value 424.9m / FCF TTM 21.1m)
FCF Yield = 4.98% (FCF TTM 21.1m / Enterprise Value 424.9m)
FCF Margin = 16.96% (FCF TTM 21.1m / Revenue TTM 124.7m)
Net Margin = 16.38% (Net Income TTM 20.4m / Revenue TTM 124.7m)
Gross Margin = 63.89% ((Revenue TTM 124.7m - Cost of Revenue TTM 45.0m) / Revenue TTM)
Gross Margin QoQ = 64.52% (prev 65.00%)
Tobins Q-Ratio = 4.33 (Enterprise Value 424.9m / Total Assets 98.1m)
Interest Expense / Debt = 0.16% (Interest Expense 5000 / Debt 3.06m)
Taxrate = 4.62% (222.0k / 4.80m)
NOPAT = 18.9m (EBIT 19.9m * (1 - 4.62%))
Current Ratio = 4.12 (Total Current Assets 93.6m / Total Current Liabilities 22.7m)
Debt / Equity = 0.04 (Debt 3.06m / totalStockholderEquity, last quarter 70.7m)
Debt / EBITDA = -2.89 (Net Debt -61.1m / EBITDA 21.1m)
Debt / FCF = -2.89 (Net Debt -61.1m / FCF TTM 21.1m)
Total Stockholder Equity = 59.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 26.42% (Net Income 20.4m / Total Assets 98.1m)
RoE = 34.58% (Net Income TTM 20.4m / Total Stockholder Equity 59.1m)
RoCE = 31.98% (EBIT 19.9m / Capital Employed (Equity 59.1m + L.T.Debt 3.06m))
RoIC = 32.07% (NOPAT 18.9m / Invested Capital 59.1m)
WACC = 11.67% (E(486.0m)/V(489.1m) * Re(11.74%) + D(3.06m)/V(489.1m) * Rd(0.16%) * (1-Tc(0.05)))
Discount Rate = 11.74% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.39%
[DCF Debug] Terminal Value 55.89% ; FCFF base≈14.3m ; Y1≈9.46m ; Y5≈4.37m
Fair Price DCF = 1.43 (EV 52.9m - Net Debt -61.1m = Equity 113.9m / Shares 79.8m; r=11.67% [WACC]; 5y FCF grow -39.53% → 2.90% )
EPS Correlation: 80.88 | EPS CAGR: 176.0% | SUE: -1.13 | # QB: 0
Revenue Correlation: 94.05 | Revenue CAGR: 18.90% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.06 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.25 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+38.9% | Growth Revenue=+20.4%

Additional Sources for NAGE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle