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← CockpitCompetitor Analysis › GENB Generate Biomedicines, Inc.Open in the cockpit ↗

Generate Biomedicines, Inc.GENBCompetitor analysis, valuation and peers

United States · USD·Health Care›Biotechnology

Uses generative AI to design novel protein-based medicines across multiple disease areas.

Momentum weak 38
Mkt cap
$1.68B
US dollars, full cap
Free float
43%
of shares outstanding
$/day
$13.8M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 6.3%
Hurdle
n/a
no reverse DCF
Next earnings
26 days
2 Dec 2026
Close · USD$13.06
1D+3.9%
1W-9.7%
1M-6.7%
3M-11.3%
6M-4.4%
YTDn/a
1Yn/a
ATR %8.1%
52w lowhigh42.4% off high

What Generate Biomedicines does

Uses generative AI to design novel protein-based medicines across multiple disease areas.

Has no approved medicine yet; income so far has come from upfront and milestone payments under partnerships such as those with Novartis and Amgen, with the rest funded by investors. Its approach is to design proteins by computer and test them in the lab, feeding results back into the models.

Products and services

  • Generative AI protein design platform
  • Pipeline in immunology, oncology and infectious disease

Customers

  • Pharma partners including Novartis

Where it sits in the supply chain

  • Health Care
  • Biotechnology
  • AI-generated protein therapeutics

What could go right

  • Novartis and other pharma partnership milestones
  • Platform validation via clinical progress

What could go wrong

  • Early-stage/pre-clinical pipeline risk
  • High R&D cash burn

Moat: narrow (data, IP / patents, process know-how). Generative AI platform for de novo protein design, backed by Flagship Pioneering and a Novartis partnership.

Headquarters: Somerville, Massachusetts, US · Founded: 2018 · Employees: 312

Named competitors

Generate Biomedicines at a glance

Size Generate Biomedicines (GENB) is a United States Health Care company (Biotechnology) with a market value of $1.68B, the 1913th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.06 on 6 Nov 2026.

Performance Over six months the shares fell 4.4%, against -7.4% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 18 in its peer set.

Growth Revenue grew 55.9% over the last twelve months (peer median +21.1%); the operating margin is -737.0% (peer median -36.0%).

Valuation It trades at 40.2× enterprise value to sales against a peer median of 14.8× (6th most expensive of 18).

Short interest Short interest is 7.0% of the free float (15 Oct 2026).

Next results Next results expected around 2 Dec 2026 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026GENB 91Peer median 87
Six months, rebased to 100: Generate Biomedicines against the median of its 20 peers (local-currency closes).

Generate Biomedicines financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024
Revenuen/a$31.9M$20.5M
Revenue growth—+56%—
Gross profitn/a$18.7M$5.11M
EBITDAn/a-$222M-$182M
Net incomen/a-$203M-$174M
Free cash flown/a-$204M-$121M
Capital expendituren/a$3.51M$3.45M
Total debt$62.6M$68.5M$77.0M

Quarterly statements and history in the cockpit →

Generate Biomedicines competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-25%0%+25%NRIXKLRA0870106887656185688319688105PPGNSTOKABSIPGENIMCR600226NTLANVAXGENB6-month return →1-month return →
Up and to the right = strong over both horizons. Generate Biomedicines is the large dot.

Fundamentals: revenue growth against valuation

0%+500%+1,000%+1,500%+2,000%0×500×1,000×NRIX0870106887656185688319STOKABSIPGEN688806MSBGENBRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Generate Biomedicines is the large dot.

Generate Biomedicines competitors and peer comparison

Head to head with its named competitors (GENB vs ABSI vs RXRX)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Generate Biomedicines GENB$1.68B-4%+56%-737%40.2×n/a
Absci ABSI$1.75B+72%-62%-8,411%991.7×n/a
Recursion Pharmaceuticals RXRX$2.19B+6%+56%-725%25.1×n/a

How Generate Biomedicines compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Generate Biomedicines against its 20 peers (data as of 6 Nov 2026)
MeasureGENBPeer medianRank in peer set
1-month return-6.7%-9.9%9th highest of 20
6-month return-4.4%-7.4%8th highest of 18
Distance from 52-week high-42.4%-38.6%9th lowest of 20
Revenue growth (TTM)+55.9%+21.1%7th highest of 19
Operating margin-737.0%-36.0%4th lowest of 19
EV / Sales40.2×14.8×6th most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Generate Biomedicines GENBUnited States$1.68B-4%+56%-737%40.2×n/an/a
Nurix Therapeutics NRIXUnited States$1.67B-7%+739%41%1.0×-19.0%+36.4%
Kailera Therapeutics KLRAUnited States$1.68B-40%n/an/an/an/an/a
Peptron 087010.KSSouth Korea$1.67B-63%+16%-427%369.5×n/an/a
Wuhan Healthgen Biotechnology 688765.SSChina$1.64B-44%+90%-297%231.2×n/an/a
CanSino Biologics 6185.HKHong Kong$1.71B-5%+36%-4%8.7×n/an/a
Chengdu Olymvax Biopharmaceuticals 688319.SSChina$1.71B-9%+12%8%14.8×n/an/a
Nanjing Vazyme Biotech 688105.SSChina$1.72B+45%+16%-5%6.2×45.1%-2.5%
PolyPeptide PPGN.SWSwitzerland$1.62B+6%+22%7%3.3×n/an/a
Stoke Therapeutics STOKUnited States$1.74B-19%-86%-913%50.3×n/an/a
Absci ABSIUnited States$1.75B+72%-62%-8,411%991.7×n/an/a
Precigen PGENUnited States$1.60B+6%+1,875%-46%19.4×n/an/a
Lycia Therapeutics LYCAUnited States$1.76Bn/a-55%-593%n/an/an/a
Immunocore Holdings Plc Shs Sponsored American Depositary Shares Repr 1 Sh IMCRUnited States$1.60B+5%+20%-5%2.7×n/an/a
Zhejiang Hengtong 600226.SSChina$1.76B-23%+71%0%4.5×n/an/a
Intellia Therapeutics NTLAUnited States$1.59B-19%+13%-712%20.6×n/an/a
Zhuhai Trinomab Pharmaceutical 688806.SSChina$1.58Bn/a+238%-1,196%199.0×n/an/a
Novavax NVAXUnited States$1.78B+7%-62%-29%3.3×n/an/a
TLC BioSciences 7924.TWOTaiwan$1.57Bn/an/an/an/an/an/a
ANI Pharmaceuticals ANIPUnited States$1.55B-18%+31%13%1.8×-4.1%+33.5%
Mesoblast MSB.AXAustralia$1.83B0%+556%-43%15.2×n/an/a

Questions

Who are Generate Biomedicines's main competitors?
Named competitors: Absci (ABSI), Recursion Pharmaceuticals (RXRX), Xaira Therapeutics (private or unlisted). The cockpit's measured peer set (industry) also includes Nurix Therapeutics (NRIX), Kailera Therapeutics (KLRA), Peptron (087010.KS), Wuhan Healthgen Biotechnology (688765.SS), CanSino Biologics (6185.HK), Chengdu Olymvax Biopharmaceuticals (688319.SS).
Is Generate Biomedicines expensive compared with its peers?
On ev / sales it trades at 40.2× against a peer median of 14.8×, 6th most expensive of 18 in its peer set.
How has Generate Biomedicines stock performed?
Over six months to 6 Nov 2026 the shares returned -4.4% against -7.4% for the median peer.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.