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Fusion Pharmaceuticals Inc. (FUSN) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED 2024

What happened to Fusion Pharmaceuticals Inc. (FUSN) stock?

Fusion Pharmaceuticals Inc. (FUSN) no longer trades on public markets. It was delisted in June 2024. The figures below are historical and are not a current quote.

MCap: $1.83B| Vol: 6.08M| 52-wk range: $2.31 – $21.60

Market cap $1.83B is the value of all shares combined.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Fusion Pharmaceuticals Inc. (FUSN). Fusion Pharmaceuticals Inc., a clinical-stage oncology company, focuses on developing radiopharmaceuticals as precision medicines.

Last analyzed: Sep 9, 2026

Fusion Pharmaceuticals Inc., a clinical-stage oncology company, focuses on developing radiopharmaceuticals as precision medicines. The company has developed Targeted Alpha Therapies platform together with its proprietary Fast-Clear linker technology to enable us to connect alpha particle emitting isotopes to various targeting molecules in order to selectively deliver the alpha particle payloads to tumors. Its lead product candidate is FPI-1434 that is in Phase 1 clinical trials as a monotherapy in patients with solid tumors expressing insulin-like growth factor 1 receptor. The company is also conducting additional preclinical studies of FPI-1434 in combination with approved checkpoint inhibitors and DNA damage response inhibitors to further assess the anti-tumor activity, and dosing schedule and pharmacodynamics of the combinations. In addition, it is progressing its earlier-stage product candidate, FPI-1966 into clinical development for the treatment of head and neck, and bladder cancers expressing fibroblast growth factor receptor. The company has a strategic collaboration agreement with AstraZeneca UK Limited to jointly discover, develop, and commercialize alpha-emitting radiopharmaceuticals and combination therapies for the treatment of cancer. Fusion Pharmaceuticals Inc.

Analyst Coverage for FUSN: FUSN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FUSN against Healthcare peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the FUSN film Every key number, told as a short cinematic story — just press play. ~2 min

Dated analysis: the newest financial statements on file are 30 months old (Mar 1, 2024), so the figures and score below describe that period, not today.

Council Score · Weighted Average of 3 Disciplines
Bullish Lean 58/100 · B

FUSN: the 2 scored disciplines are evenly split. Dominant signal: Seth Klarman bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Englander-style lens (simulated)Izzy Englander
Favorable read
Klarman-style lens (simulated)Seth Klarman
Favorable read
Moon AI lens (model)
Neutral read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Fusion Pharmaceuticals Inc. Company Overview

Employees101
Data Provenance | Financial Data Quantitative Analysis

Who Are FUSN's Competitors?

FUSN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
VCEL Vericel Corporation $38.22 -1.97% $1.96B
AUPH Aurinia Pharmaceuticals Inc. $16.11 -0.86% $2.07B
ETON Eton Pharmaceuticals, Inc. $58.01 -1.39% $1.59B
ADMA ADMA Biologics, Inc. $9.42 -0.31% $2.18B
INVA Innoviva, Inc. $20.74 -1.85% $1.53B
TRVI Trevi Therapeutics, Inc. $15.91 -4.39% $2.26B
HRMY Harmony Biosciences Holdings, Inc. $41.10 -1.25% $2.39B
SLS SELLAS Life Sciences Group, Inc. $13.49 -3.30% $2.51B

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are the Key Risks for FUSN?

Negative return on equity (-49.3%) — the business is not currently generating profit on shareholder capital.

  • Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
  • Insider selling — insiders were net sellers of roughly $16.4M recently.

Research confidence

Low 0/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 33 days old
  • No filing on record
  • No analyst coverage
Net selling

Insider Activity

The most recent 12 insider filings for Fusion Pharmaceuticals Inc. break down as 12 sales and 0 purchases. On net that is roughly 2.3M shares disposed (about $16.4M), a signal worth weighing alongside the fundamentals.

FY2026 est

Forward Outlook

Wall Street analysts project Fusion Pharmaceuticals Inc. revenue of about $11.1M for fiscal 2026, with EPS near $-1.59. The estimate reflects 4 contributing analysts.

4/8 beats

Earnings Track Record

Fusion Pharmaceuticals Inc. has beaten Wall Street's EPS estimate in 4 of its last 8 reported quarters — more hits than misses. Reported results have landed about 2.5% below estimates on average.

F-Score 3/9

Financial Health

Fusion Pharmaceuticals Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 11.47 places it in the safe zone, indicating low near-term bankruptcy risk.

ROE -49%

Key Financial Metrics

Return on equity for Fusion Pharmaceuticals Inc. stands at -49.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -33.2%, showing how much profit it generates from its asset base. Its free cash flow yield is -4.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 15.01 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -6.7%, the inverse of the P/E and a quick read on earnings relative to price.

Fusion Pharmaceuticals Inc. (FUSN) Valuation Context

Valued at $1.83B, FUSN is classified as a small-cap stock.

Company Profile

Fusion Pharmaceuticals Inc. operates in the Biotechnology industry within the Healthcare sector. It is headquartered in Hamilton, CA. The company is led by CEO John F. Valliant. FUSN has traded publicly since 2020.

FUSN Financials

Fundamental Snapshot

Return on Equity (TTM)
-49.3%
Current Ratio
15.0

Based on FMP financials and quantitative analysis

Recent Quarterly Results

Quarter Revenue Net Income EPS
Mar 2024 $0 -$34M -$0.40

Based on FMP financials and quantitative analysis

FUSN Latest News

Common Questions About FUSN

What happened to Fusion Pharmaceuticals Inc. (FUSN) stock?

Fusion Pharmaceuticals Inc. (FUSN) no longer trades on public markets. It was delisted in June 2024. The figures below are historical and are not a current quote.

Can I still buy FUSN shares?

No. FUSN stopped trading on public markets in June 2024, so the shares are not available through a broker. Anything you see quoted for FUSN elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before FUSN stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Fusion Pharmaceuticals Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

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