LONA vs LTRN

LeonaBio, Inc. vs Lantern Pharma Inc. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — LONA scores higher on quality with 4.7/10 vs LTRN's 4.5/10. LONA trades at $9.02 while LTRN trades at $3.74. Both analyzed daily using SEC EDGAR data across 13 institutional models.

LONA

Biotechnology
LeonaBio, Inc.
Quality
4.7
out of 10
Value Trap
18
SAFE
Price
$9.02
Last close
Models
9/13
Active
VS

LTRN

Biotechnology
Lantern Pharma Inc.
Quality
4.5
out of 10
Value Trap
24
SAFE
Price
$3.74
Last close
Models
7/13
Active
LONA
ML-RIV sees +50.1% upside
Quality 4.7/10 — below average
LTRN
2 models active
Quality 4.5/10 — below average

LONA vs LTRN — Fair Value Comparison

LONA
$0$5$11$16 Price$9.02 Bayesian …$4.26 (-52.8%) ML-RIV$13.54 (+50.1%)
LTRN
$0$1$3$4 Price$3.74 Bayesian …$1.19 (-68.1%) ML-RIV$0.08 (-96.1%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType LONA Fair ValueLONA Upside LTRN Fair ValueLTRN Upside
Bayesian DCF Intrinsic $4.26 -52.8% $1.19 -68.1%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $13.54 +50.1% $0.08 -96.1%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

LONA vs LTRN — Which Stock Is More Undervalued in 2026?

LONA scores higher with a 4.7/10 quality rating vs LTRN's 4.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do LONA and LTRN Valuations Compare?

At $9.02, LONA trades +52.8% above its Bayesian DCF fair value of $4.26, while LTRN at $3.74 trades +68.1% above its estimate of $1.19. LTRN shows a wider gap between price and intrinsic value.

Quality of Company: LONA vs LTRN

LONA earns a Quality of Company score of 4.7/10 compared to LTRN's 4.5/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: LONA vs LTRN

LONA carries a SAFE value trap risk (18/100) while LTRN shows SAFE risk (24/100). Both companies show manageable value trap risk, suggesting their current valuations are not artificially depressed by fundamental deterioration.

Both in Biotechnology

Both LONA and LTRN operate in Biotechnology, which has 566 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. 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), and ensemble methods (CUCE).

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