IRD

Opus Genetics, Inc.

There isn't enough reported data to score IRD yet.

IRD Fundamentals

MetricStatus
Weak
Weak
Weak
Strong

IRD's balance sheet is currently strong, but its revenue, profitability and cash flow are weak.

IRD PE Valuation

IRD has no meaningful PE right now: it lost money over the past year.

IRD Forward outlook

MetricOutlook
--
Losses growing
Growth
--
Limited
Low

Analysts expect IRD's losses to grow, with revenue growing. However, they disagree widely on these estimates.

IRD Risk to reward

ScenarioChangePrice
UpsideUnknown—
DownsideUnknown—

Calculated from the latest close: $4.06 on Nov 12.

There is not enough scenario data to assess IRD's risk to reward.

IRD Earnings Per Share

Q4 2023: $-0.46Q1 2024: $-0.47Q2 2024: $-0.53Q3 2024: $-1.07Q4 2024: $-2.15Q1 2025: $-2.10Q2 2025: $-1.92Q3 2025: $-1.88Q4 2025: $-0.80Q1 2026: $-1.31Q2 2026: $-1.33Q3 2026: $-1.54
Q4 2023: $-0.46Q1 2024: $-0.47Q2 2024: $-0.53Q3 2024: $-1.07Q4 2024: $-2.15Q1 2025: $-2.10Q2 2025: $-1.92Q3 2025: $-1.88Q4 2025: $-0.80Q1 2026: $-1.31Q2 2026: $-1.33Q3 2026: $-1.54
QuarterTTM EPSYoY
Q3 2026-$1.54+$0.34
Q2 2026-$1.33+$0.59
Q1 2026-$1.31+$0.79
Q4 2025-$0.80+$1.35
Q3 2025-$1.88-$0.81
Q2 2025-$1.92-$1.39
Q1 2025-$2.10-$1.63
Q4 2024-$2.15-$1.69

IRD is still losing money, but far less than before: $1.54 per share over the past year, against $11.55 at its worst in early 2021.

IRD Quarterly Revenue

Q4 2023: $2MQ1 2024: $2MQ2 2024: $1MQ3 2024: $4MQ4 2024: $4MQ1 2025: $4MQ2 2025: $3MQ3 2025: $3MQ4 2025: $4MQ1 2026: $2MQ2 2026: $755,000Q3 2026: $1M
Q4 2023: $2MQ1 2024: $2MQ2 2024: $1MQ3 2024: $4MQ4 2024: $4MQ1 2025: $4MQ2 2025: $3MQ3 2025: $3MQ4 2025: $4MQ1 2026: $2MQ2 2026: $755,000Q3 2026: $1M
QuarterRevenueYoY
Q3 2026$1.1M-63%
Q2 2026$755K-74%
Q1 2026$2.2M-51%
Q4 2025$3.9M-10%
Q3 2025$3.1M-20%
Q2 2025$2.9M+159%
Q1 2025$4.4M+155%
Q4 2024$4.3M+154%

IRD's revenue has slid since its 2022 peak: $1M last quarter, down 63% from the same quarter a year ago.

IRD Free Cash Flow

Q4 2023: $5MQ1 2024: −$6MQ2 2024: −$7MQ3 2024: −$5MQ4 2024: −$7MQ1 2025: −$9MQ2 2025: −$10MQ3 2025: −$6MQ4 2025: −$10MQ1 2026: −$13MQ2 2026: −$12MQ3 2026: --
Q4 2023: $5MQ1 2024: −$6MQ2 2024: −$7MQ3 2024: −$5MQ4 2024: −$7MQ1 2025: −$9MQ2 2025: −$10MQ3 2025: −$6MQ4 2025: −$10MQ1 2026: −$13MQ2 2026: −$12MQ3 2026: --
QuarterFree cash flowYoY
Q2 2026-$12M-$1.7M
Q1 2026-$12.7M-$3.7M
Q4 2025-$9.8M-$2.4M
Q3 2025-$6.2M-$1M
Q2 2025-$10.3M-$3M
Q1 2025-$9M-$3.3M
Q4 2024-$7.4M-264%
Q3 2024-$5.1M-$2.1M

IRD has burned cash in almost every quarter: −$41M over the past year, against −$32M the year before.

IRD Total Shares

Q4 2023: 22MQ1 2024: 25MQ2 2024: 26MQ3 2024: 26MQ1 2025: 34MQ2 2025: 63MQ3 2025: 71MQ4 2025: 62MQ1 2026: 87MQ2 2026: 111MQ3 2026: 102M
Q4 2023: 22MQ1 2024: 25MQ2 2024: 26MQ3 2024: 26MQ1 2025: 34MQ2 2025: 63MQ3 2025: 71MQ4 2025: 62MQ1 2026: 87MQ2 2026: 111MQ3 2026: 102M
PeriodChange %Net change
Quarterly-8.6%-9.5M shares
1 year+44%+31.2M shares
3 years+386%+80.9M shares
5 years+832%+90.9M shares
Available history+10187%+101M shares

IRD has 102M diluted shares, up 44% from a year ago.

IRD Net Leverage

QuarterNet LeverageStatus
Q4 2022-2.3xNet Cash

IRD has more cash than debt.

IRD Weekly Momentum

MetricValueStatus
RSI49.5Neutral
Stochastic20.4Neutral

IRD's weekly RSI is 50 (neutral) and its Stochastic is 20 (neutral).

IRD PE vs Healthcare Sector

MetricIRDSector medianRelative
PEN/A26x—

IRD has no meaningful PE right now: it lost money over the past year.

IRD Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$4.152.2% below
20 week MA$4.121.5% below
50 week MA$3.913.8% above
100 week MA$2.5857% above
200 week MA$2.6851% above

IRD has slipped below its 8- and 20-week averages, though it's still 51% above its 200-week average.

IRD Yearly ROI

YearStart priceEnd priceROI
2020$8.08$5.49-32%
2021$5.49$3.81-31%
2022$3.81$2.51-34%
2023$2.51$3.01+20%
2024$3.01$1.18-61%
2025$1.18$2.02+71%
2026 YTD$2.02$4.06+101%

IRD is up 101% so far in 2026, after finishing lower in four of the previous six years.

Give your agent the market.

Get API key