Is CGTX or CLDI more undervalued in 2026?

CirclFi compares Cognition Therapeutics, Inc. (CGTX) and Calidi Biotherapeutics, Inc. (CLDI) using 13 institutional-grade valuation models. CGTX has a Quality of Company score of 4.1/10 while CLDI scores 4.2/10.

Which is a better buy — CGTX or CLDI?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do CGTX and CLDI valuations compare?

CGTX at $1.19 and CLDI at $0.19 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CGTX vs CLDI Valuation Comparison 2026 — Intrinsic Value Analysis

CGTX

Biotechnology

Cognition Therapeutics, Inc.

Quality

4.1

out of 10

Value Trap

LOW

Price

$1.19

Last close

Models

6/13

Active

CLDI

Biotechnology

Calidi Biotherapeutics, Inc.

Quality

4.2

out of 10

Value Trap

LOW

Price

$0.19

Last close

Models

6/13

Active

Model-by-Model Comparison

Model	Type	CGTX Fair Value	CGTX Upside	CLDI Fair Value	CLDI Upside
Bayesian DCF	Intrinsic	$0.51	-57.3%	$0.18	-7.4%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	—	—	$1.04	+448.0%
Dynamic NAV	Asset-Based	$0.64	-45.8%	—	—
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for CGTX vs CLDI — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

CGTX vs CLDI — Which Stock Is More Undervalued?

CLDI scores higher with a 4.2/10 quality rating vs CGTX's 4.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Cognition Therapeutics, Inc. (CGTX) and Calidi Biotherapeutics, Inc. (CLDI) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

CGTX currently trades at $1.19 with a QOC of 4.1/10, while CLDI trades at $0.19 with a QOC of 4.2/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).