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← CockpitCompetitor Analysis › XFOR X4 Pharmaceuticals, Inc.Open in the cockpit ↗

X4 Pharmaceuticals, Inc.XFORCompetitor analysis, valuation and peers

United States · USD·Health Care›Biotechnology
Momentum weak 27
Mkt cap
$315M
US dollars, full cap
Free float
76%
of shares outstanding
$/day
$2.00M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 6.9%
Hurdle
n/a
no reverse DCF
Next earnings
137 days
23 Mar 2027
Close · USD$3.18
1D+3.6%
1W-5.1%
1M+14.0%
3M-25.2%
6M-28.2%
YTD-20.5%
1Y-10.4%
ATR %7.8%
Beta1.57
52w lowhigh34.2% off high

What X4 Pharmaceuticals does

Employees: 45

X4 Pharmaceuticals at a glance

Size X4 Pharmaceuticals (XFOR) is a United States Health Care company (Biotechnology) with a market value of $315M, the 3070th largest of 3,117 United States companies the cockpit tracks. Shares closed at $3.18 on 6 Nov 2026.

Performance Over six months the shares fell 28.2%, against -22.3% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 18 in its peer set.

Growth Revenue fell 51.6% over the last twelve months (peer median +7.4%); the operating margin is -554.7% (peer median -173.2%).

Valuation It trades at 11.6× enterprise value to sales against a peer median of 9.9× (7th most expensive of 14).

Next results Next results expected around 23 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 79XFOR 71
Six months, rebased to 100: X4 Pharmaceuticals against the median of its 20 peers (local-currency closes).

X4 Pharmaceuticals financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$15.8M$35.1M$2.56M$0$0
Revenue growth—+1,273%———
Gross profit$12.8M$28.9M$1.46M-$2.00M-$1.99M
EBITDA-$86.2M-$85.6M-$141M-$106M-$86.1M
Net income-$90.1M-$79.2M-$37.5M-$101M-$93.9M
Free cash flown/a-$85.6M-$131M-$96.6M-$77.2M
Capital expenditure$5.00M$3.00M$7.33M$60,000$103,000
Total debt$77.2M$77.3M$78.1M$58.3M$38.4M

Quarterly statements and history in the cockpit →

X4 Pharmaceuticals 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%+100%-20%0%GALT086900AGEN2617IPSCCRNA2105KYTX6945BNTCALEC4894FENCPROK18733880ALLOXFOR6-month return →1-month return →
Up and to the right = strong over both horizons. X4 Pharmaceuticals is the large dot.

Fundamentals: revenue growth against valuation

0%+200%+400%+600%0×500×1,000×1,500×086900AGEN76306132ALEC4894PROKALLOXFORRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. X4 Pharmaceuticals is the large dot.

X4 Pharmaceuticals competitors and peer comparison

How X4 Pharmaceuticals 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.

X4 Pharmaceuticals against its 20 peers (data as of 6 Nov 2026)
MeasureXFORPeer medianRank in peer set
1-month return+14.0%-13.5%2nd highest of 20
6-month return-28.2%-22.3%8th lowest of 18
Distance from 52-week high-34.2%-53.3%5th highest of 20
Revenue growth (TTM)-51.6%+7.4%5th lowest of 14
Operating margin-554.7%-173.2%7th lowest of 14
EV / Sales11.6×9.9×7th most expensive of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
X4 Pharmaceuticals XFORUnited States$315M-28%-52%-555%11.6×n/an/a
Galectin Therapeutics GALTUnited States$317M+50%n/an/an/an/an/a
Medy-Tox 086900.KSSouth Korea$310M-39%+7%7%2.0×6.0%+11.9%
Agenus AGENUnited States$323M+87%+30%27%4.4×n/an/a
TransThera Sciences (Nanjing) 2617.HKHong Kong$323M-83%n/a-751%36.4×n/an/a
IMPACT Therapeutics 7630.HKHong Kong$325Mn/a+395%-173%9.9×n/an/a
Century Therapeutics IPSCUnited States$304M-27%-100%n/an/an/an/a
Circio CRNA.OLNorway$303M-14%n/an/an/an/an/a
Laekna 2105.HKHong Kong$328M-57%n/a-57%4.8×n/an/a
Kyverna Therapeutics KYTXUnited States$302M-48%n/an/an/an/an/a
AP Biosciences 6945.TWOTaiwan$330M-32%-100%n/an/an/an/a
HJ Science 6132.HKHong Kong$300Mn/a+621%-967%65.6×n/an/a
Benitec Biopharma BNTCUnited States$333M-22%n/an/an/an/an/a
Alector ALECUnited States$340M+9%-83%-857%14.4×n/an/a
Cuorips 4894.TJapan$341M-9%-51%-947%392.1×n/an/a
Fennec Pharmaceuticals FENCUnited States$344M+42%+78%-3%5.1×n/an/a
ProKidney PROKUnited States$345M-39%+55%-21,665%1,556.3×n/an/a
Viva Biotech 1873.HKHong Kong$354M-14%+7%10%1.2×5.6%+19.1%
Medtide 3880.HKHong Kong$358M-9%+14%36%2.7×n/an/a
Allogene Therapeutics ALLOUnited States$359M-54%-100%-3,886%22.8×n/an/a
Aspen Neuroscience ASPEUnited States$362Mn/an/an/an/an/an/a

Questions

Which companies are X4 Pharmaceuticals's closest peers?
The cockpit's peer set: Galectin Therapeutics (GALT), Medy-Tox (086900.KS), Agenus (AGEN), TransThera Sciences (Nanjing) (2617.HK), IMPACT Therapeutics (7630.HK), Century Therapeutics (IPSC), Circio (CRNA.OL), Laekna (2105.HK).
Is X4 Pharmaceuticals expensive compared with its peers?
On ev / sales it trades at 11.6× against a peer median of 9.9×, 7th most expensive of 14 in its peer set.
How has X4 Pharmaceuticals stock performed?
Over six months to 6 Nov 2026 the shares returned -28.2% against -22.3% for the median peer; over one year -10.4%.

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.