Northwest Biotherapeutics (NWBO.US) – Strong Sell: Rating and Stock Analysis 2026/2027

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No analysts currently cover Northwest Biotherapeutics with a public price target. We add the price target automatically as soon as at least one analyst publishes a rating. Until then, use the technical analysis and the key figures below.

About Northwest Biotherapeutics – Biotechnology

Northwest Biotherapeutics, Inc. develops personalized immune treatments for cancer. The company does not yet earn money from selling approved products. Instead, it is still developing and testing its treatments, which is normal for a biotech company at this stage.

Their main technology, called DCVax, uses the patient's own immune cells, known as dendritic cells. These cells are activated in a lab and then given back to the patient. The goal is to train the patient's immune system to recognize and attack cancer cells.

The company's most advanced product is DCVax-L. It has completed what is called a Phase III clinical trial, the last stage of testing before a drug can normally be approved for sale. DCVax-L is being tested against glioblastoma, an aggressive form of brain cancer.

The company also works on a second product, DCVax-Direct. This one is still in an earlier testing stage, called Phase I/II trials. It is aimed at treating solid tumors that cannot be removed by surgery.

Northwest Biotherapeutics was founded in 1996. It operates in the United States and in other countries around the world. The company is headquartered in Bethesda, Maryland, in the US. Its main customers, once products are approved, would be cancer patients and the hospitals or clinics that treat them. For now, the company focuses entirely on research and clinical testing of its cancer treatments.
Read more about the company

Key Figures for Northwest Biotherapeutics

$256M Market cap
$2.2M Revenue
Biotechnology Industry
- P/E
117.74 P/S
75.62 P/B
United States Listed on exchange
nwbio.com Website

What kind of stock is Northwest Biotherapeutics?

Speculative stock

Northwest Biotherapeutics is classified as a speculative stock.

Score Overview for Northwest Biotherapeutics

💰 Value Score 2/100 (Very Low)
⭐ Quality Score 10/100 (Very Low)
🚀 Momentum Score 11/100 (Very Low)
📊 Total Score 7/100

⚠️ 3 red flags identified 2 critical

Our analysis has identified 3 potential risk factors in Northwest Biotherapeutics that investors should be aware of.

🚨 High debt: The debt-to-equity ratio is 1,000% – the company carries considerably more debt than equity, which raises the financial risk.
🚨 Weak balance sheet (elevated risk): Altman Z2 is -74.14 – the balance sheet is measurably weaker than average. This is a risk signal based on the numbers, not a bankruptcy prediction.
⚠️ High short interest: 15.1% of the shares are sold short – many professional investors are betting on price declines.

📈 Valuation

The P/S ratio is 117.7 (high — the market pays a premium for the revenue). The P/B ratio is 75.6. The PEG ratio is 1.72.

🏦 Financial Health

The Piotroski score is 4 out of 9 — average financial health. Altman Z2 is -74.14 (weak balance sheet — elevated risk). The debt-to-equity ratio (D/E) is 1,000.0% — high debt, which raises the risk.

🚀 Momentum & Short Interest

Short interest is 15.09% — very high, the market is skeptical.

Insider Trading in Northwest Biotherapeutics 2026: The Signal Is mixed

In 2026, insiders at Northwest Biotherapeutics have made 20 transactions – split into 9 purchases and 11 sales. On a net basis, insiders put $5,816,822 into the stock, which is a positive signal. Active insiders include MALIK NAVID, Farmer Robert A, Cognate Bioservices, Inc. and others.

Short-Term Signal (3 months): No activity

There has been no insider trading in the last 3 months.

Long-Term Signal (all transactions): Mixed

There are both insider purchases and sales, with no clear direction. This is normal for large companies, where management adjusts positions on an ongoing basis.

Across the last 20 transactions: 9 purchases and 11 sales. A net $5,816,822 into the stock.

Latest purchase: MALIK NAVID bought 150,000 shares at $0.82 each on 2023-11-17. The stock has since fallen 82.2%.

Latest sale: Powers Linda F sold 804,146 shares at $0.17 each on 2018-12-28.

Who is buying: MALIK NAVID, Farmer Robert A, Cognate Bioservices, Inc., JASINOWSKI JERRY J, Powers Linda F.

Who is selling: Powers Linda F, Cognate Bioservices, Inc..

Latest Insider Trades in Northwest Biotherapeutics (2026)

The table shows the last 20 reported insider transactions in Northwest Biotherapeutics. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2023-11-17 MALIK NAVID Buy 150,000 1 123,000
2023-11-16 MALIK NAVID Buy 125,000 1 105,000
2018-12-28 Powers Linda F Sell 804,146 0 136,705
2018-12-27 Powers Linda F Sell 3,558,639 0 604,969
2015-06-30 Cognate Bioservices, Inc. Sell 650,000 4 2,743,000
2014-09-15 Cognate Bioservices, Inc. Sell 149,502 5 750,500
2014-08-27 Cognate Bioservices, Inc. Sell 145,068 5 750,002
2014-08-01 Farmer Robert A Buy 3,013 6 16,873
2014-03-07 Cognate Bioservices, Inc. Sell 133,333 4 485,332
2014-02-08 Cognate Bioservices, Inc. Sell 79,630 3 246,057

Who is buying and selling Northwest Biotherapeutics shares in 2026?

The following insiders have bought shares in Northwest Biotherapeutics: MALIK NAVID, Farmer Robert A, Cognate Bioservices, Inc., JASINOWSKI JERRY J, Powers Linda F. In total, $13,655,610 was bought across 9 transactions. The following insiders have sold shares: Powers Linda F, Cognate Bioservices, Inc.. In total, $7,838,788 was sold across 11 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

Northwest Biotherapeutics Short Selling 2026: 15.1% Sold Short

Very high short interest: 15.1% of the free float
Short % of free float
15.1%
Assessment
Very high short interest
Short squeeze risk
High
Data source
EODHD
Reported about twice a month
The stock has a very high share of short selling. Between 10-20% of the freely traded shares are sold short, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains.

What does this mean for you as an investor?
A short interest of 15.1% means that 15.1% of the freely traded shares in Northwest Biotherapeutics have been borrowed and sold by investors betting on falling prices. On positive surprises (e.g. a strong earnings report), short sellers can be forced to buy back shares quickly to close their positions, which can cause a short squeeze with sharp price gains in a short time.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
15.1%

When Does Northwest Biotherapeutics Report Earnings?

The next earnings date for Northwest Biotherapeutics is not yet available. Check the company's investor calendar for more information.



Technical Analysis of Northwest Biotherapeutics 2026 – Signal: Strong Sell

Overall Technical Signal: Strong Sell

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated October 7, 2026.

Trend Analysis of Northwest Biotherapeutics, Inc

Northwest Biotherapeutics, Inc is in a short-term downtrend. The price of $0.15 is 8.8% below the 20-day average ($0.16). Medium term, the picture is negative: the price is 13.1% below the 50-day average ($0.17). Long term, the stock is 30.1% below the 200-day average ($0.21), which signals a long-term downtrend.

Death Cross: The 50-day average (0.17) is below the 200-day average (0.21), which is a classic bearish signal for Northwest Biotherapeutics, Inc.

Is Northwest Biotherapeutics, Inc overbought or oversold?

Northwest Biotherapeutics, Inc has an RSI of 31.7. The stock sits in the lower part of the neutral zone, which points to weak momentum without being oversold. In the current downtrend, be careful about reading this as a buying opportunity.

MACD Analysis for Northwest Biotherapeutics, Inc

Daily MACD: MACD is negative (-0.006), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is below the signal line (-0.005) by 0.001, which confirms growing negative momentum in the downtrend.

Weekly MACD: MACD5 is negative (-0.017), which indicates a broader bearish long-term trend. MACD5 is below the signal line (-0.016) by 0.001, which confirms continued negative long-term momentum.

Overall MACD assessment: Both the daily and weekly MACD are negative and below their signal lines. Trend and momentum are negative across time horizons – the strongest bearish signal.

Risk Profile for Northwest Biotherapeutics, Inc

Northwest Biotherapeutics, Inc has an annual standard deviation of 65.2%, which classifies the stock as Speculative. Sizeable price swings are normal, and the stock requires a higher risk tolerance.

Overall Technical Conclusion for Northwest Biotherapeutics, Inc

Trend: Negative. The price trades below SMA50 and SMA200.

MACD trend (zero line): Daily bearish (-0.006). Weekly bearish (-0.017).

MACD momentum (signal): Daily falling. Weekly falling.

RSI: 31.7 – neutral.

Technical signal: Strong Sell

The price is in a downtrend (below SMA50/SMA200) and MACD is negative on both a daily and weekly basis. Avoid buying and consider closing existing positions.

Frequently Asked Questions About Northwest Biotherapeutics stock in 2026

Should you buy Northwest Biotherapeutics stock now?
No, the technical signal for Northwest Biotherapeutics is currently Strong Sell. Northwest Biotherapeutics trades at $0.15 as of Oct 7, 2026. The technical analysis shows the following: MACD is negative (bearish trend) at -0.006 with falling momentum (signal: -0.005); RSI is at 31.7 (neutral zone); the stock is in a short-term downtrend (price below the 20-day average). The stock is in a broader downtrend (below SMA50/SMA200). Buying in a downtrend is generally not recommended. This is a technical observation based on current data, not investment advice.
What is the price target for Northwest Biotherapeutics stock?
There is currently no active analyst price target for Northwest Biotherapeutics.
Is Northwest Biotherapeutics a dividend stock?
No, Northwest Biotherapeutics does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of Northwest Biotherapeutics stock?
Northwest Biotherapeutics is rated as a stock in the risk category Speculative. the annual standard deviation is 65.2%, which classifies the stock as Speculative.
Is Northwest Biotherapeutics overvalued?
Northwest Biotherapeutics has the following valuation ratios: a P/S ratio of 117.7, a P/B ratio of 75.6.
Is Northwest Biotherapeutics overbought?
No, Northwest Biotherapeutics is not overbought. RSI is at 31.7 (neutral zone). The technical indicators show: RSI is at 31.7 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, the price is 8.8% below the 20-day average (short-term downtrend). In addition, MACD is negative with falling momentum (bearish).
When is the next Northwest Biotherapeutics earnings report?
The date of the next earnings report for Northwest Biotherapeutics has not been published yet. Check the company's investor calendar for updates.
Is Northwest Biotherapeutics shorted?
Yes, Northwest Biotherapeutics is shorted with 15.1% of the free float sold short. This is a very high level of short selling, which points to considerable bearish sentiment. A positive earnings report or unexpectedly good news can trigger a short squeeze with sharp price gains. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying Northwest Biotherapeutics stock?
Yes, insiders are net buyers of Northwest Biotherapeutics – they are buying more shares than they are selling. Across the last 20 reported transactions, the split is 9 purchases and 11 sales, with a net 5,816,822 $ bought. Active buyers include MALIK NAVID, Farmer Robert A, Cognate Bioservices, Inc. and others. Insider buying is generally seen as a positive signal, because management is putting its own money into the company.
Is Northwest Biotherapeutics a good stock?
Based on our total score, Northwest Biotherapeutics is rated as a disastrous stock with a total score of 7 out of 100. The stock scores very low on value, quality and momentum – it is among the worst in our database. The score is made up of Value: 2/100, Quality: 10/100, Momentum: 11/100. In addition: technical signal: Strong Sell. Whether Northwest Biotherapeutics is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for Northwest Biotherapeutics stock?
The outlook for Northwest Biotherapeutics based on current data: the stock is in a downtrend (below SMA50 and SMA200). Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is Northwest Biotherapeutics stock falling?
Northwest Biotherapeutics is falling right now. The technical indicators show: the price is 8.8% below the 20-day average; MACD is negative with falling momentum (bearish signal); short interest is 15.1% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis and insider section above.
How high can Northwest Biotherapeutics go?
There is currently no active analyst price target for Northwest Biotherapeutics. The stock has traded between $0.14 and $0.34 over the last 52 weeks. The price is 57.1% below the 52-week high, which can indicate potential if the underlying fundamentals are intact. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can Northwest Biotherapeutics fall?
The stock has traded as low as $0.14 over the last 52 weeks — that is 4.1% below the current price of $0.15. The biggest decline (drawdown) in the same period was 58.8% from high to low. Within a year, the price typically swings about ±65.2% (standard deviation — a measure of price swings). A difficult year could therefore mean a further decline of that size. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does Northwest Biotherapeutics do?
Northwest Biotherapeutics, Inc. develops personalized immune treatments for cancer. The company does not yet earn money from selling approved products. Instead, it is still developing and testing its treatments, which is normal for a biotech company at this stage. Their main ... The company belongs to the Healthcare sector, more specifically the Biotechnology industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate Northwest Biotherapeutics as an investment.
Did Northwest Biotherapeutics raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from Northwest Biotherapeutics. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is Northwest Biotherapeutics making money or losing money?
We have no current profitability data for Northwest Biotherapeutics. See the latest report in the earnings history above.
Can Northwest Biotherapeutics go bankrupt?
The bankruptcy risk of Northwest Biotherapeutics is rated as elevated. Altman Z2 (a model for assessing financial distress) is -74.14 — that places the company in the weak zone. This is a probability based on the numbers, not a verdict — bankruptcy is not imminent. But the balance sheet is measurably weaker than average, so watch the debt, liquidity and possible capital raises. The Piotroski score (financial health 0-9, higher is better) is 4 — which is average. Debt relative to equity is 1,000% (high). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does Northwest Biotherapeutics have a lot of debt?
Yes, Northwest Biotherapeutics has elevated debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 1,000%. For the healthcare sector, anything above 150% counts as elevated — that raises the financial risk, especially if interest rates rise or earnings fall. In healthcare, 80-150% is typical — large pharma companies carry debt for research and acquisitions. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.

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