SCYNEXIS - SCYX Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SCYNEXIS in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SCYX shares.
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2 Wall Street research analysts have issued twelve-month price objectives for SCYNEXIS's shares. Their SCYX share price forecasts range from $7.00 to $8.00. On average, they anticipate the company's stock price to reach $7.67 in the next year. This suggests a possible upside of 340.6% from the stock's current price.
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SCYNEXIS's stock was trading at $1.56 at the start of the year. Since then, SCYX shares have increased by 11.5% and is now trading at $1.74.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 4th 2023.
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SCYNEXIS, Inc. (NASDAQ:SCYX) released its earnings results on Wednesday, November, 9th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.51) by $0.11. The firm earned $1.56 million during the quarter, compared to analyst estimates of $1.89 million. SCYNEXIS had a negative net margin of 1,864.15% and a negative trailing twelve-month return on equity of 275.25%.

SCYNEXIS shares reverse split on the morning of Friday, July 17th 2020. The 1-10 reverse split was announced on Thursday, July 16th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, July 16th 2020. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other SCYNEXIS investors own include Matinas BioPharma (MTNB), ADMA Biologics (ADMA), Sorrento Therapeutics (SRNE), Gran Tierra Energy (GTE), KushCo (KSHB), Zosano Pharma (ZSAN), Bionano Genomics (BNGO), Outlook Therapeutics (OTLK), Cogent Biosciences (UMRX) and Aeterna Zentaris (AEZS).

SCYNEXIS trades on the NASDAQ under the ticker symbol "SCYX."

SCYNEXIS's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wealth Effects LLC (0.19%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Brian Philippe Tinmouth, Eric Francois, Marco Taglietti, Perceptive Advisors Llc and Scott Sukenick.
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Shares of SCYX 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 SCYX stock can currently be purchased for approximately $1.74.

SCYNEXIS (NASDAQ:SCYX) has a market capitalization of $56.83 million and generates $13.16 million in revenue each year. The company earns $-32,870,000.00 in net income (profit) each year or ($2.16) on an earnings per share basis.

SCYNEXIS's mailing address is 1 EVERTRUST PLAZA 13TH FLOOR, JERSEY CITY NJ, 07302. The official website for the company is www.scynexis.com. The company can be reached via phone at (201) 884-5485, via email at ikoffler@lifesciadvisors.com, or via fax at 201-884-5490.