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NASDAQ:ANNX

Annexon (ANNX) Stock Price, News & Analysis

$4.73
+0.03 (+0.64%)
(As of 05/30/2024 ET)
Today's Range
$4.66
$4.91
50-Day Range
$4.33
$7.81
52-Week Range
$1.57
$8.40
Volume
680,721 shs
Average Volume
1.55 million shs
Market Capitalization
$437.10 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.33

Annexon MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
224.2% Upside
$15.33 Price Target
Short Interest
Bearish
8.19% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of Annexon in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$19,424 Bought Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.99) to ($1.00) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.71 out of 5 stars

Medical Sector

514th out of 930 stocks

Pharmaceutical Preparations Industry

238th out of 436 stocks

ANNX stock logo

About Annexon Stock (NASDAQ:ANNX)

Annexon, Inc., a clinical-stage biopharmaceutical company, discovers and develops medicines for treating inflammatory-related diseases. Its lead candidate is ANX005, an investigational full-length monoclonal antibody, which is in Phase 3 clinical trial for the treatment of patients with guillain-barré syndrome; completed Phase II clinical trial for treating Huntington's disease; and in Phase II clinical trial for the treatment of amyotrophic lateral sclerosis. The company is also developing ANX007, an antigen-binding fragment (Fab) that is in Phase 3 program for the treatment of patients with geographic atrophy; and ANX1502, a novel oral small molecule inhibitor, which is in Phase 1 clinical trials for autoimmune indications. In addition, it develops ANX009, a C1q-blocking Fab that is in Phase I clinical trial for treating patients with lupus nephritis. The company was incorporated in 2011 and is headquartered in Brisbane, California.

ANNX Stock Price History

ANNX Stock News Headlines

Short Interest in Annexon, Inc. (NASDAQ:ANNX) Rises By 25.3%
Annexon Inc Ordinary Shares
Are Medical Stocks Lagging Annexon (ANNX) This Year?
Are Medical Stocks Lagging Annexon (ANNX) This Year?
Annexon Biosciences (ANNX) Receives a Buy from TD Cowen
ANNX Jul 2024 7.500 put
ANNX Apr 2024 2.500 call
ANNX Apr 2024 7.500 put
See More Headlines
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Company Calendar

Last Earnings
5/13/2024
Today
5/30/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:ANNX
Employees
70
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.33
High Stock Price Target
$30.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+224.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-134,240,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$2.84 per share

Miscellaneous

Free Float
80,704,000
Market Cap
$437.10 million
Optionable
Optionable
Beta
1.29
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Key Executives


ANNX Stock Analysis - Frequently Asked Questions

Should I buy or sell Annexon stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Annexon in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ANNX shares.
View ANNX analyst ratings
or view top-rated stocks.

What is Annexon's stock price target for 2024?

6 brokerages have issued 1 year price targets for Annexon's shares. Their ANNX share price targets range from $10.00 to $30.00. On average, they predict the company's stock price to reach $15.33 in the next twelve months. This suggests a possible upside of 224.2% from the stock's current price.
View analysts price targets for ANNX
or view top-rated stocks among Wall Street analysts.

How have ANNX shares performed in 2024?

Annexon's stock was trading at $4.54 at the beginning of 2024. Since then, ANNX stock has increased by 4.2% and is now trading at $4.73.
View the best growth stocks for 2024 here
.

Are investors shorting Annexon?

Annexon saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 7,570,000 shares, an increase of 25.3% from the April 30th total of 6,040,000 shares. Based on an average daily trading volume, of 1,890,000 shares, the short-interest ratio is presently 4.0 days.
View Annexon's Short Interest
.

When is Annexon's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our ANNX earnings forecast
.

How were Annexon's earnings last quarter?

Annexon, Inc. (NASDAQ:ANNX) posted its quarterly earnings results on Monday, May, 13th. The company reported ($0.21) EPS for the quarter, topping analysts' consensus estimates of ($0.32) by $0.11.

What ETF holds Annexon's stock?

iShares Neuroscience and Healthcare ETF holds 4,459 shares of ANNX stock, representing 0.60% of its portfolio.

What other stocks do shareholders of Annexon own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Annexon investors own include Alibaba Group (BABA), CVS Health (CVS), Home Depot (HD), Procter & Gamble (PG), Johnson & Johnson (JNJ), RTX (RTX), Thermo Fisher Scientific (TMO), Cisco Systems (CSCO) and Pfizer (PFE).

When did Annexon IPO?

Annexon (ANNX) raised $150 million in an initial public offering (IPO) on Friday, July 24th 2020. The company issued 10,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, BofA Securities and Cowen served as the underwriters for the IPO.

Who are Annexon's major shareholders?

Annexon's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bain Capital Life Sciences Investors LLC (9.55%), Vanguard Group Inc. (4.11%), Bellevue Group AG (2.39%), Ikarian Capital LLC (1.54%), Price T Rowe Associates Inc. MD (1.45%) and Acadian Asset Management LLC (1.05%). Insiders that own company stock include Bain Capital Life Sciences Inv, Douglas Love, Jennifer Lew, Michael Overdorf, Muneer A Satter, Ted Yednock and William H Carson.
View institutional ownership trends
.

How do I buy shares of Annexon?

Shares of ANNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ANNX) was last updated on 5/31/2024 by MarketBeat.com Staff

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