Recursion stock has seen quite a bit of hype after NVIDIA announced an ownership stake in the AI drug discovery firm last summer. We happen to like RXRX stock, so we decided to take a look under the hood and see if the company is living up to the hype.

What we uncovered is a very capitalintensive business model that has so far been funded by injections from pharma partners like Roche, or by dilution of shareholders in the form of stock offerings. With their current cash balance and burn rate, Recursion is looking at a runway of just over one year before something needs to change. Our plan for RXRX stock involves waiting for a drug discovered using Recursion's platform to clear clinical trials, then waiting a bit more for the dust to settle. Patience is key for longterm, riskaverse investors.

RESEARCH PIECES USED IN THIS VIDEO:
1. A Review of Seven AI Drug Discovery Stocks
https://www.nanalyze.com/2023/06/seve...
2. Recursion Stock: Do We Still Like What’s on Offer?
https://www.nanalyze.com/2023/06/avoi...
3. Seven AI Drug Stocks
   • 7 AI Drug Stocks | Finding the Best One  
4. Four AI Drug Discovery Stocks On Sale – 50% Off
https://www.nanalyze.com/2022/03/four...

CHAPTERS:
00:00 Intro
01:04 AlphaFold
03:48 An introduction
04:32 The AI drug discovery market
06:10 About Recursion Pharmaceuticals
06:57 Recursion's pipeline
08:44 Recursion's partners
11:43 Financials
14:03 Stock performance
14:27 Our thought process
15:23 Closing thoughts

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#recursion
$rxrx