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Incannex Healthcare (IXHL) Competitors

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$3.08 +0.03 (+0.98%)
As of 02:30 PM Eastern
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IXHL vs. NGEN, TNYA, KRRO, GALT, and PRQR

Should you buy Incannex Healthcare stock or one of its competitors? MarketBeat compares Incannex Healthcare with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Incannex Healthcare include NervGen Pharma (NGEN), Tenaya Therapeutics (TNYA), Korro Bio (KRRO), Galectin Therapeutics (GALT), and ProQR Therapeutics (PRQR). These companies are all part of the "pharmaceutical products" industry.

How does Incannex Healthcare compare to NervGen Pharma?

Incannex Healthcare (NASDAQ:IXHL) and NervGen Pharma (NASDAQ:NGEN) are both small-cap pharmaceutical products companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, dividends, media sentiment, profitability, institutional ownership, analyst recommendations and risk.

NervGen Pharma's return on equity of 0.00% beat Incannex Healthcare's return on equity.

Company Net Margins Return on Equity Return on Assets
Incannex HealthcareN/A -81.01% -76.11%
NervGen Pharma N/A N/A N/A

In the previous week, NervGen Pharma had 2 more articles in the media than Incannex Healthcare. MarketBeat recorded 3 mentions for NervGen Pharma and 1 mentions for Incannex Healthcare. Incannex Healthcare's average media sentiment score of 1.89 beat NervGen Pharma's score of 0.66 indicating that Incannex Healthcare is being referred to more favorably in the media.

Company Overall Sentiment
Incannex Healthcare Very Positive
NervGen Pharma Positive

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Incannex HealthcareN/AN/A-$46.88M-$1.55N/A
NervGen PharmaN/AN/AN/AN/AN/A

0.4% of Incannex Healthcare shares are held by institutional investors. 1.3% of Incannex Healthcare shares are held by insiders. Comparatively, 5.8% of NervGen Pharma shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

NervGen Pharma has a consensus target price of $18.00, suggesting a potential upside of 849.87%. Given NervGen Pharma's stronger consensus rating and higher probable upside, analysts clearly believe NervGen Pharma is more favorable than Incannex Healthcare.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Incannex Healthcare
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
NervGen Pharma
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
2 Strong Buy rating(s)
2.75

Summary

NervGen Pharma beats Incannex Healthcare on 7 of the 9 factors compared between the two stocks.

How does Incannex Healthcare compare to Tenaya Therapeutics?

Tenaya Therapeutics (NASDAQ:TNYA) and Incannex Healthcare (NASDAQ:IXHL) are both small-cap medical companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, risk, profitability, dividends, media sentiment and valuation.

Tenaya Therapeutics presently has a consensus price target of $4.00, indicating a potential upside of 410.86%. Given Tenaya Therapeutics' stronger consensus rating and higher possible upside, research analysts plainly believe Tenaya Therapeutics is more favorable than Incannex Healthcare.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tenaya Therapeutics
1 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.86
Incannex Healthcare
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Tenaya Therapeutics has a beta of 2.82, meaning that its share price is 182% more volatile than the broader market. Comparatively, Incannex Healthcare has a beta of 7, meaning that its share price is 600% more volatile than the broader market.

In the previous week, Tenaya Therapeutics had 5 more articles in the media than Incannex Healthcare. MarketBeat recorded 6 mentions for Tenaya Therapeutics and 1 mentions for Incannex Healthcare. Incannex Healthcare's average media sentiment score of 1.89 beat Tenaya Therapeutics' score of 0.62 indicating that Incannex Healthcare is being referred to more favorably in the news media.

Company Overall Sentiment
Tenaya Therapeutics Positive
Incannex Healthcare Very Positive

90.5% of Tenaya Therapeutics shares are owned by institutional investors. Comparatively, 0.4% of Incannex Healthcare shares are owned by institutional investors. 2.5% of Tenaya Therapeutics shares are owned by company insiders. Comparatively, 1.3% of Incannex Healthcare shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Incannex Healthcare has lower revenue, but higher earnings than Tenaya Therapeutics. Incannex Healthcare is trading at a lower price-to-earnings ratio than Tenaya Therapeutics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tenaya Therapeutics$225K755.16-$90.60M-$0.47N/A
Incannex HealthcareN/AN/A-$46.88M-$1.55N/A

Tenaya Therapeutics' return on equity of -80.56% beat Incannex Healthcare's return on equity.

Company Net Margins Return on Equity Return on Assets
Tenaya TherapeuticsN/A -80.56% -65.21%
Incannex Healthcare N/A -81.01%-76.11%

Summary

Tenaya Therapeutics beats Incannex Healthcare on 12 of the 15 factors compared between the two stocks.

How does Incannex Healthcare compare to Korro Bio?

Incannex Healthcare (NASDAQ:IXHL) and Korro Bio (NASDAQ:KRRO) are both small-cap medical companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, institutional ownership, dividends, risk, profitability, analyst recommendations, valuation and media sentiment.

Incannex Healthcare has a net margin of 0.00% compared to Korro Bio's net margin of -1,834.48%. Incannex Healthcare's return on equity of -81.01% beat Korro Bio's return on equity.

Company Net Margins Return on Equity Return on Assets
Incannex HealthcareN/A -81.01% -76.11%
Korro Bio -1,834.48%-117.86%-71.04%

Incannex Healthcare has a beta of 7, indicating that its share price is 600% more volatile than the broader market. Comparatively, Korro Bio has a beta of 3, indicating that its share price is 200% more volatile than the broader market.

Korro Bio has a consensus price target of $16.71, indicating a potential upside of 52.31%. Given Korro Bio's stronger consensus rating and higher possible upside, analysts clearly believe Korro Bio is more favorable than Incannex Healthcare.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Incannex Healthcare
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Korro Bio
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
3 Strong Buy rating(s)
2.92

Incannex Healthcare has higher earnings, but lower revenue than Korro Bio. Incannex Healthcare is trading at a lower price-to-earnings ratio than Korro Bio, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Incannex HealthcareN/AN/A-$46.88M-$1.55N/A
Korro Bio$6.39M24.76-$117.26M-$11.67N/A

In the previous week, Korro Bio had 16 more articles in the media than Incannex Healthcare. MarketBeat recorded 17 mentions for Korro Bio and 1 mentions for Incannex Healthcare. Incannex Healthcare's average media sentiment score of 1.89 beat Korro Bio's score of 0.88 indicating that Incannex Healthcare is being referred to more favorably in the media.

Company Overall Sentiment
Incannex Healthcare Very Positive
Korro Bio Positive

0.4% of Incannex Healthcare shares are owned by institutional investors. Comparatively, 13.2% of Korro Bio shares are owned by institutional investors. 1.3% of Incannex Healthcare shares are owned by insiders. Comparatively, 4.8% of Korro Bio shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Korro Bio beats Incannex Healthcare on 10 of the 16 factors compared between the two stocks.

How does Incannex Healthcare compare to Galectin Therapeutics?

Galectin Therapeutics (NASDAQ:GALT) and Incannex Healthcare (NASDAQ:IXHL) are both small-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends, media sentiment and earnings.

Galectin Therapeutics presently has a consensus price target of $11.00, suggesting a potential upside of 366.10%. Given Galectin Therapeutics' stronger consensus rating and higher possible upside, equities research analysts plainly believe Galectin Therapeutics is more favorable than Incannex Healthcare.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Galectin Therapeutics
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Incannex Healthcare
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

11.7% of Galectin Therapeutics shares are held by institutional investors. Comparatively, 0.4% of Incannex Healthcare shares are held by institutional investors. 52.6% of Galectin Therapeutics shares are held by company insiders. Comparatively, 1.3% of Incannex Healthcare shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Galectin Therapeutics has a beta of 0.47, meaning that its stock price is 53% less volatile than the broader market. Comparatively, Incannex Healthcare has a beta of 7, meaning that its stock price is 600% more volatile than the broader market.

In the previous week, Galectin Therapeutics had 2 more articles in the media than Incannex Healthcare. MarketBeat recorded 3 mentions for Galectin Therapeutics and 1 mentions for Incannex Healthcare. Incannex Healthcare's average media sentiment score of 1.89 beat Galectin Therapeutics' score of 0.27 indicating that Incannex Healthcare is being referred to more favorably in the news media.

Company Overall Sentiment
Galectin Therapeutics Neutral
Incannex Healthcare Very Positive

Galectin Therapeutics' return on equity of 0.00% beat Incannex Healthcare's return on equity.

Company Net Margins Return on Equity Return on Assets
Galectin TherapeuticsN/A N/A -164.69%
Incannex Healthcare N/A -81.01%-76.11%

Galectin Therapeutics is trading at a lower price-to-earnings ratio than Incannex Healthcare, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Galectin TherapeuticsN/AN/A-$30.84M-$0.41N/A
Incannex HealthcareN/AN/A-$46.88M-$1.55N/A

Summary

Galectin Therapeutics beats Incannex Healthcare on 9 of the 13 factors compared between the two stocks.

How does Incannex Healthcare compare to ProQR Therapeutics?

ProQR Therapeutics (NASDAQ:PRQR) and Incannex Healthcare (NASDAQ:IXHL) are both small-cap medical companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, media sentiment, institutional ownership, risk, valuation, earnings and dividends.

ProQR Therapeutics presently has a consensus target price of $7.25, suggesting a potential upside of 399.66%. Given ProQR Therapeutics' stronger consensus rating and higher probable upside, analysts clearly believe ProQR Therapeutics is more favorable than Incannex Healthcare.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ProQR Therapeutics
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63
Incannex Healthcare
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

ProQR Therapeutics has a beta of 0.07, meaning that its share price is 93% less volatile than the broader market. Comparatively, Incannex Healthcare has a beta of 7, meaning that its share price is 600% more volatile than the broader market.

Incannex Healthcare has lower revenue, but higher earnings than ProQR Therapeutics. ProQR Therapeutics is trading at a lower price-to-earnings ratio than Incannex Healthcare, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ProQR Therapeutics$17.99M8.50-$47.73M-$0.50N/A
Incannex HealthcareN/AN/A-$46.88M-$1.55N/A

Incannex Healthcare has a net margin of 0.00% compared to ProQR Therapeutics' net margin of -331.33%. Incannex Healthcare's return on equity of -81.01% beat ProQR Therapeutics' return on equity.

Company Net Margins Return on Equity Return on Assets
ProQR Therapeutics-331.33% -84.87% -37.78%
Incannex Healthcare N/A -81.01%-76.11%

32.7% of ProQR Therapeutics shares are held by institutional investors. Comparatively, 0.4% of Incannex Healthcare shares are held by institutional investors. 8.4% of ProQR Therapeutics shares are held by insiders. Comparatively, 1.3% of Incannex Healthcare shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, ProQR Therapeutics had 1 more articles in the media than Incannex Healthcare. MarketBeat recorded 2 mentions for ProQR Therapeutics and 1 mentions for Incannex Healthcare. ProQR Therapeutics' average media sentiment score of 1.89 equaled Incannex Healthcare'saverage media sentiment score.

Company Overall Sentiment
ProQR Therapeutics Very Positive
Incannex Healthcare Very Positive

Summary

ProQR Therapeutics beats Incannex Healthcare on 9 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding IXHL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IXHL vs. The Competition

MetricIncannex HealthcareMED IndustryMedical SectorNASDAQ Exchange
Market Cap$36.88M$2.91B$6.26B$12.43B
Dividend YieldN/A1.79%2.69%5.29%
P/E Ratio-1.9917.6522.4224.23
Price / SalesN/A479.58548.01125.38
Price / CashN/A56.3842.3157.88
Price / Book1.493.859.826.71
Net Income-$46.88M$75.85M$3.56B$337.09M
7 Day Performance-5.17%-1.80%-1.17%0.63%
1 Month Performance-32.26%21.90%3.71%5.15%
1 Year Performance-45.96%21.81%27.28%34.36%

Incannex Healthcare Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IXHL
Incannex Healthcare
1.0727 of 5 stars
$3.08
+1.0%
N/A-49.0%$36.85MN/AN/A3
NGEN
NervGen Pharma
3.5551 of 5 stars
$2.08
flat
$18.00
+765.4%
N/A$167.71MN/AN/AN/A
TNYA
Tenaya Therapeutics
2.8051 of 5 stars
$0.77
flat
$4.00
+417.8%
+71.7%$167.63MN/AN/A110
KRRO
Korro Bio
3.3001 of 5 stars
$11.61
flat
$16.71
+44.0%
+1.9%$167.45M$6.39MN/A70
GALT
Galectin Therapeutics
2.1983 of 5 stars
$2.50
flat
$11.00
+340.0%
+87.6%$164.64MN/AN/A9

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This page (NASDAQ:IXHL) was last updated on 6/3/2026 by MarketBeat.com Staff.
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