X4 Pharmaceuticals, Inc(XFOR)Stock Analysis
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Rank #2,415 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
XFOR Stock Analysis & AI Quality Score
AI stock analysis and institutional research for X4 Pharmaceuticals, Inc (XFOR), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores XFOR at 29.3/100 on a 32-signal composite quality model, placing it at rank #2,415 of 2,879 stocks — the bottom half of the AI-ranked universe. XFOR scores in the top quartile across revenue growth (99.1). Areas of concern include free cash flow (4.7) and profitability (5.3), which score below median versus the broader universe. Shareholder dilution risk is elevated at 4.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), X4 Pharmaceuticals, Inc reports quarterly revenue of $2.5M, net income of $-20.2M, free cash flow of $-19.6M. Top institutional holders of XFOR by reported 13-F value include MORGAN STANLEY, Empery Asset Management,, FMR, based on the most recent SEC filings. XFOR trades on the Nasdaq exchange and files with the SEC under CIK 1501697. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate XFOR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for X4 Pharmaceuticals, Inc directly from SEC EDGAR. X4 Pharmaceuticals, Inc's 13F Pro composite quality score has ranged between 11 and 46 since 2021, currently 29.3 — an improving long-term trajectory across 18 quarterly and live scoring snapshots.
Revenue
Q1 2026
$2.5M
Net Income
Q1 2026
$-20.2M
Free Cash Flow
Q1 2026
$-19.6M
D/E Ratio
Q1 2026
0.45
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+150.0% YoYNet Income
-111.5% YoYOperating Income
-138.7% YoYEPS (Diluted)
+66.5% YoYTotal Assets
+98.3% YoYTotal Debt
+0.0% YoYOp. Cash Flow
+34.6% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $6.5M +150.0% | $2.6M | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $-79.2M -111.5% | $-37.5M +63.0% | $-101.2M -7.8% | $-93.9M -5.8% | $-88.7M -68.0% | $-52.8M |
| Operating Income | $-86.9M -138.7% | $-36.4M +66.1% | $-107.5M -22.8% | $-87.6M -2.9% | $-85.1M -64.6% | $-51.7M |
| EPS (Diluted) | $-1.87 +66.5% | $-5.59 +67.3% | $-17.07 -1023.0% | $-1.52 +61.9% | $-3.99 | — |
| Total Assets | $290.5M +98.3% | $146.4M -0.6% | $147.3M -5.4% | $155.6M +32.8% | $117.2M -27.1% | $160.7M |
| Total Debt | $75.0M +0.0% | $75.0M +36.4% | $55.0M +62.6% | $33.8M -0.4% | $33.9M +69.7% | $20.0M |
| Operating Cash Flow | $-85.6M +34.6% | $-130.9M -35.6% | $-96.5M -25.2% | $-77.1M -8.7% | $-70.9M -47.5% | $-48.1M |
AI Insight: XFOR Financial Trends
X4 Pharmaceuticals maintains minimal revenue at $2M while burning through cash, though equity position strengthened significantly in recent quarters.
• Revenue remained flat at $2M from Q3 2025 through Q1 2026 after starting at $1M in Q3 2024.
• Operating cash flow improved from $-30M in Q2 2025 to $-20M in Q1 2026.
• Equity surged from $4M in Q2 2025 to $168M in Q1 2026, indicating significant capital raise.
⚠ Total debt remains unchanged at $75M across all periods while cash burn continues.
⚠ Net losses persist with $-20M in Q1 2026 despite improved cash flow trends.
AI Insight: XFOR Ratio Trends
X4 Pharmaceuticals shows modest improvement in profitability metrics but remains deeply unprofitable with ROE at -48.1% in Q1 2026.
• ROE improved from -193.5% in Q3 2025 to -48.1% in Q1 2026, showing gradual recovery from trough.
• ROA strengthened from -72.9% in Q3 2025 to -30.0% in Q1 2026, indicating better asset utilization.
• D/E ratio dramatically decreased from 18.89 in Q2 2025 to 0.45 in Q1 2026, reducing leverage significantly.
⚠ All profitability metrics remain deeply negative despite recent improvements, indicating ongoing fundamental challenges.
⚠ ROIC at -33.4% in Q1 2026 shows company still destroying shareholder value despite deleveraging efforts.
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Available Research
13F Pro tracks comprehensive data for X4 Pharmaceuticals, Inc including:
Top Institutional Holders of XFOR
MORGAN STANLEY
$39.1M9,466,992 shEmpery Asset Management, LP
$36.9M8,944,118 shFMR LLC
$33.5M8,103,400 shBain Capital Life Sciences Investors, LLC
$32.9M7,967,454 shPERCEPTIVE ADVISORS LLC
$27.8M6,737,648 shSaturn V Capital Management LP
$26.7M6,456,646 shDeep Track Capital, LP
$26.2M6,339,535 shKalehua Capital Management LLC
$15.4M3,722,840 shVANGUARD CAPITAL MANAGEMENT LLC
$14.4M3,497,612 shBRAIDWELL LP
$13.5M3,272,954 sh
| Fund | Value | Shares |
|---|---|---|
| MORGAN STANLEY | $39.1M | 9,466,992 |
| Empery Asset Management, LP | $36.9M | 8,944,118 |
| FMR LLC | $33.5M | 8,103,400 |
| Bain Capital Life Sciences Investors, LLC | $32.9M | 7,967,454 |
| PERCEPTIVE ADVISORS LLC | $27.8M | 6,737,648 |
| Saturn V Capital Management LP | $26.7M | 6,456,646 |
| Deep Track Capital, LP | $26.2M | 6,339,535 |
| Kalehua Capital Management LLC | $15.4M | 3,722,840 |
| VANGUARD CAPITAL MANAGEMENT LLC | $14.4M | 3,497,612 |
| BRAIDWELL LP | $13.5M | 3,272,954 |
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Popular Research
Is XFOR a good stock to buy?
13F Pro's AI-powered analysis of X4 Pharmaceuticals, Inc (XFOR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for XFOR are available on the XFOR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own XFOR?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling XFOR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of X4 Pharmaceuticals, Inc's investment landscape.