Lexicon Pharmaceuticals - LXRX Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lexicon Pharmaceuticals in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LXRX shares.
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2 brokers have issued 12-month price targets for Lexicon Pharmaceuticals' stock. Their LXRX share price forecasts range from $10.00 to $20.00. On average, they anticipate the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 535.6% from the stock's current price.
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Lexicon Pharmaceuticals' stock was trading at $1.91 at the beginning of 2023. Since then, LXRX shares have increased by 23.6% and is now trading at $2.36.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) released its quarterly earnings data on Wednesday, November, 9th. The biopharmaceutical company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.02. The biopharmaceutical company had revenue of $0.04 million for the quarter. Lexicon Pharmaceuticals had a negative net margin of 77,648.80% and a negative trailing twelve-month return on equity of 92.19%.

9 employees have rated Lexicon Pharmaceuticals Chief Executive Officer Lonnel Coats on Glassdoor.com. Lonnel Coats has an approval rating of 100% among the company's employees. This puts Lonnel Coats in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lexicon Pharmaceuticals investors own include Portola Pharmaceuticals (PTLA), Sarepta Therapeutics (SRPT), ACADIA Pharmaceuticals (ACAD), Dynavax Technologies (DVAX), MannKind (MNKD), ImmunoGen (IMGN), Geron (GERN), Micron Technology (MU), TherapeuticsMD (TXMD) and Gilead Sciences (GILD).

Lexicon Pharmaceuticals trades on the NASDAQ under the ticker symbol "LXRX."

Lexicon Pharmaceuticals' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Pinnacle Associates Ltd. (1.05%), Pinnacle Associates Ltd. (1.02%), Fisher Asset Management LLC (0.38%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), SG Americas Securities LLC (0.01%) and Simplex Trading LLC (0.00%). Insiders that own company stock include International SCA Artal and James F Tessmer.
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Shares of LXRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LXRX stock can currently be purchased for approximately $2.36.

Lexicon Pharmaceuticals (NASDAQ:LXRX) has a market capitalization of $445.40 million and generates $300,000.00 in revenue each year. The biopharmaceutical company earns $-87,760,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis.

Lexicon Pharmaceuticals' mailing address is 8800 TECHNOLOGY FOREST PLACE, THE WOODLANDS TX, 77381. The official website for the company is www.lexpharma.com. The biopharmaceutical company can be reached via phone at (281) 863-3000, via email at cschultz@lexpharma.com, or via fax at 281-863-8010.