Red Flag Equities
Weekly forensic accounting screen applying the Beneish M-Score, Altman Z-Score, and accruals analysis to US and European stock universes — identifying candidates for accounting manipulation and shock bankruptcy risk. Published every Friday.
CRITICAL ≥ 65HIGH ≥ 45ELEVATED ≥ 25
Important: This newsletter identifies accounting anomalies using quantitative models — it does not constitute investment advice or allegations of fraud. Forensic signals may reflect legitimate business characteristics. Always conduct independent due diligence.
| Region | Issue Title | Published | Flagged Tickers | Open |
|---|---|---|---|---|
| US | Red Flags #31: SNDX, FSK | 30 Oct 2026 | SNDX, FSK | Open → |
| US | Red Flags #30: IREN, VG | 23 Oct 2026 | IREN, VG | Open → |
| US | Red Flags #29: APLD, CORZ | 16 Oct 2026 | APLD, CORZ | Open → |
| US | Red Flags #28: ULCC, WULF | 9 Oct 2026 | ULCC, WULF | Open → |
| US | Red Flags #27: MARA, BTDR | 2 Oct 2026 | MARA, BTDR | Open → |
| US | Red Flags #26: EOSE, NVAX | 27 Sept 2026 | EOSE, NVAX | Open → |
| US | Red Flags #25: LYFT, TRIN | 18 Sept 2026 | LYFT, TRIN | Open → |
| US | Red Flags #24: PFSI, RKT | 11 Sept 2026 | PFSI, RKT | Open → |
| US | Red Flags #23: FLNG, HTGC | 4 Sept 2026 | FLNG, HTGC | Open → |
| US | Red Flags #22: CG, CSWC | 28 Aug 2026 | CG, CSWC | Open → |
| US | Red Flags #21: LCID, BORR | 21 Aug 2026 | LCID, BORR | Open → |
| US | Red Flags #20: ALVO, BHRB | 14 Aug 2026 | ALVO, BHRB | Open → |
| US | Red Flags #19: DJTWW, AGBK | 7 Aug 2026 | DJTWW, AGBK | Open → |
| US | Red Flags #18: TE, UWMC | 31 Jul 2026 | TE, UWMC | Open → |
| US | Red Flags #17: EQH, ONB | 24 Jul 2026 | EQH, ONB | Open → |
| US | Red Flags #16: CYTK, DX | 23 Jul 2026 | CYTK, DX | Open → |
| US | Red Flags #15: BNL, CRWV | 3 Jul 2026 | BNL, CRWV | Open → |
| US | Red Flags #14: BBIO, BCRX | 26 Jun 2026 | BBIO, BCRX | Open → |
| US | Red Flags #13: PTXKY, BANC | 19 Jun 2026 | PTXKY, BANC | Open → |
| US | Red Flags #12: ERELY, FRBP | 12 Jun 2026 | ERELY, FRBP | Open → |
| US | Red Flags #11: BBD, BBDO | 5 Jun 2026 | BBD, BBDO | Open → |
| US | Red Flags #10: PAM, AMCCF | 29 May 2026 | PAM, AMCCF | Open → |
| US | Red Flags #9: F, OTF | 22 May 2026 | F, OTF | Open → |
| US | Red Flags #8: DNN, EVRG | 8 May 2026 | DNN, EVRG | Open → |
| US | Red Flags #7: AMCR, ARR | 24 Apr 2026 | AMCR, ARR | Open → |
| US | Red Flags #6: SRPT, APLS | 17 Apr 2026 | SRPT, APLS | Open → |
| US | Red Flags #5: ENVX, FUN | 11 Apr 2026 | ENVX, FUN | Open → |
| US | Red Flags #4: VYX, CORZ | 11 Apr 2026 | VYX, CORZ | Open → |
| US | Red Flags #3: MARA, WULF | 3 Apr 2026 | MARA, WULF | Open → |
| US | Red Flags #2: LYFT, OMC, UPST | 20 Mar 2026 | LYFT, OMC, UPST | Open → |
| US | Red Flags #1: LCID | 19 Feb 2026 | LCID | Open → |

