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Tiziana Life Sciences Ltd (TLSA) stock

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NASDAQ: TLSA Nasdaq Biotechnology

Tiziana Life Sciences Ltd is a US-listed company in the biotechnology industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

Not valued: the figures our models need are missing or failed our data-quality checks.

Price vs value

No model value: limited reported history: available models are shown without a Buy/Hold/Sell rating. How we value companies.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 0 selling5 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds14 adding, 11 cuttingOf 3 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 732.9% while net income fell 55.4%: a 678pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

Nothing in Tiziana Life Sciences Ltd's latest figures clears our strength thresholds.

Things to watch

  • Share dilution. Diluted shares rose 10.9% in a year.
  • Short interest rising. Shares sold short rose 61% in a month to 7.7% of tradable shares.

Price chart

  • 1 day-16.2%
  • 1 week-23.9%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

EPS (TTM, diluted)
$-0.16

Growth

Share count change
+10.9%

Cash

Free cash flow (TTM)
-$12.9M

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for TLSA from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Tiziana Life Sciences Ltd as an operating company, with every model that fits that kind of business. Cost of equity 9.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.1 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. — Does not apply: no positive revenue in the latest twelve months
Combined value Weighted average of the models that apply: the primary model (price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. — No model applies: the filings don’t yet support a value.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Tiziana Life Sciences Ltd with Biotechnology in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Tiziana Life Sciences Ltd: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current −$0.13 −9% — 0%
Next −$0.14 −6% — 0%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +6.2% on 90 days ago. In the last 30 days, 0 analysts raised Tiziana Life Sciences Ltd's forecast and 1 cut it.

Consensus EPS forecast Tiziana Life Sciences Ltd, last 90 days
−$0.15 −$0.10 −$0.05 $0.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.12 Current fiscal year, 60 days ago: −$0.12 Current fiscal year, 30 days ago: −$0.12 Current fiscal year, 7 days ago: −$0.12 Current fiscal year, Now: −$0.13 −$0.13

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal year
90 days ago −$0.12
60 days ago −$0.12
30 days ago −$0.12
7 days ago −$0.12
Now −$0.13

Analyst recommendations

2 analysts, Nov 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Nov 202622
  2. Oct 202622

Counts of recommendations published by analysts covering Tiziana Life Sciences Ltd, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
7.7%
of tradable shares
Days to cover
3.74
at average volume
Short interest, 1 month
+61%
to October 15, 2026
Held by institutions
2%
of shares
Held by insiders
47.4%
of shares
Employees
10
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Financial health

1 of 3 checks passed · December 31, 2025
What it owns · $11m
Short-term assets $9mLonger-term assets $3m
What it owes, and who funded it · $11m
Short-term liabilities $11mLonger-term liabilities $0mShareholders' equity $0m
  • Short-term assets cover short-term liabilities $9m of assets due within a year against $11m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $9m short-term assets against $234,000 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of −$21m against $18,000 of interest.

From Tiziana Life Sciences Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+10.9%
year over year
Reported value
$3.1M
Institutions reporting
31
Shares held vs prior quarter
▼ 22.6%
Positions opened / closed
6 / 7

Top buyers and sellers, Q2 2026: 14 institutions bought and 11 sold ; the biggest buyer was Mid-American Wealth Advisory Group, Inc (+323K shares) and the biggest seller Dauntless Investment Group, LLC (−1.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Dauntless Investment Group, LLC $1.5M 1.2M 48.0% ▼ 46.3%
Mid-American Wealth Advisory Group, Inc. $413,747 323K 13.3% New
Zhang Financial LLC $161,216 126K 5.2% ▲ 12.6%
Goldman Sachs Group Inc $152,625 119K 4.9% ▲ 57.6%
Citadel Advisors LLC $102,684 80K 3.3% ▲ 128.6%
Focus Partners Wealth $101,587 79K 3.3% 0.0%
Geode Capital Management, LLC $100,101 78K 3.2% 0.0%
UBS Group AG $93,286 73K 3.0% ▼ 23.8%
HSBC Holdings PLC $78,046 62K 2.5% 0.0%
Morgan Stanley $68,680 54K 2.2% ▲ 2.9%
HRT Financial LP $58,000 46K 1.9% New
Ewa, LLC $57,206 45K 1.8% ▼ 2.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Tiziana Life Sciences Ltd's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Elrifi Ivor Chief Executive Officer August 5, 2026 Buy 237,616 $1.00 $237,616
Elrifi Ivor Chief Executive Officer August 4, 2026 Buy 83,807 $0.97 $81,293
Elrifi Ivor Chief Executive Officer August 3, 2026 Buy 667,000 $1.00 $667,000
Cerrone Gabriele M Director July 21, 2026 Buy 42,357 $0.99 $41,933
Cerrone Gabriele M Director June 12, 2026 Buy 15,000 $1.11 $16,650

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Tiziana Life Sciences Ltd was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Tiziana Life Sciences Ltd in brief

What does Tiziana Life Sciences Ltd do?
Tiziana Life Sciences Ltd is a US-listed company in the biotechnology industry. Its financial year ends in December.
What is Tiziana Life Sciences Ltd's stock ticker?
Tiziana Life Sciences Ltd trades under the ticker TLSA on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Tiziana Life Sciences Ltd's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Dauntless Investment Group, LLC, Mid-American Wealth Advisory Group, Inc. and Zhang Financial LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Are insiders buying or selling Tiziana Life Sciences Ltd stock?
Over the last 12 months, Tiziana Life Sciences Ltd's directors and officers reported 5 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.