SCYNEXIS - SCYX Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SCYNEXIS in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SCYX shares.
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1 Wall Street analysts have issued 12 month price targets for SCYNEXIS's shares. Their SCYX share price forecasts range from $8.00 to $8.00. On average, they predict the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 239.0% from the stock's current price.
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SCYNEXIS's stock was trading at $6.10 at the beginning of 2022. Since then, SCYX shares have decreased by 61.3% and is now trading at $2.36.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our SCYX earnings forecast.

SCYNEXIS, Inc. (NASDAQ:SCYX) issued its quarterly earnings data on Monday, August, 15th. The company reported ($0.53) earnings per share for the quarter, beating the consensus estimate of ($0.57) by $0.04. The firm had revenue of $1.32 million for the quarter, compared to analysts' expectations of $1.18 million. SCYNEXIS had a negative net margin of 1,557.60% and a negative trailing twelve-month return on equity of 169.86%. During the same period last year, the company posted ($0.22) EPS.

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 many different institutional and retail investors. Top institutional investors include Federated Hermes Inc. (15.85%), DAFNA Capital Management LLC (1.40%), D.A. Davidson & CO. (0.77%), Brandywine Global Investment Management LLC (0.30%), Jane Street Group LLC (0.08%) 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 $2.36.

SCYNEXIS (NASDAQ:SCYX) has a market capitalization of $77.05 million and generates $13.16 million in revenue each year. The company earns $-32,870,000.00 in net income (profit) each year or ($1.60) 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.