ANVS Chart
About

Annovis Bio, Inc., a clinical stage drug platform company, develops drugs to treat neurodegeneration in the United States. The company's lead product candidate is Buntanetap, which is in phase 2/3 to treat alzheimer's disease, as well as in phase 3 to treat parkinson's disease; and is in phase 2 clinical trial to treat lewy body dementia. It also develops ANVS405, which is in phase 2 and 3 clinical trials for the treatment of traumatic brain injury and/or stroke; and ANVS301, which finished phase 1 clinical trial to treat later stages of alzheimer's disease and dementia. The company was incorporated in 2008 and is headquartered in Malvern, Pennsylvania.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 71.03M
Enterprise Value 55.74M Income -24.88M Sales —
Book/sh 0.65 Cash/sh 0.58 Dividend Yield —
Payout 0.00% Employees 8 IPO —
P/E — Forward P/E -2.35 PEG —
P/S — P/B 4.11 P/C —
EV/EBITDA — EV/Sales — Quick Ratio 4.09
Current Ratio 4.60 Debt/Eq — LT Debt/Eq —
EPS (ttm) -1.43 EPS next Y -1.14 EPS Growth —
Revenue Growth — Earnings 2025-11-12 08:00 ROA -105.88%
ROE -246.14% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 26.50M
Shs Float 22.41M Short Float 12.38% Short Ratio 5.49
Short Interest — 52W High 5.50 52W Low 1.11
Beta 1.31 Avg Volume 701.31K Volume 698.92K
Target Price $13.75 Recom Strong_buy Prev Close $2.39
Price $2.68 Change 12.13%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$13.75
Mean price target
2. Current target
$2.68
Latest analyst target
3. DCF / Fair value
$-10.60
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.68
Low
$8.00
High
$20.00
Mean
$13.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-09-30 main Canaccord Genuity Buy → Buy $17
2025-09-03 main HC Wainwright & Co. Buy → Buy $10
2025-06-09 main HC Wainwright & Co. Buy → Buy $12
2025-05-15 main Canaccord Genuity Buy → Buy $17
2025-02-10 down D. Boral Capital Buy → Hold —
2024-11-11 main D. Boral Capital Buy → Buy $21
2024-11-11 reit HC Wainwright & Co. Buy → Buy $30
2024-10-25 up Maxim Group Hold → Buy $25
2024-08-15 main EF Hutton Buy → Buy $21
2024-08-15 reit HC Wainwright & Co. Buy → Buy $30
2024-08-13 init EF Hutton — → Buy $21
2024-07-17 reit HC Wainwright & Co. Buy → Buy $30
2024-07-11 main HC Wainwright & Co. Buy → Buy $30
2024-07-02 reit Rodman & Renshaw Buy → Buy $67
2024-06-12 reit HC Wainwright & Co. Buy → Buy $23
2024-06-04 init Rodman & Renshaw — → Buy $67
2024-05-13 main HC Wainwright & Co. Buy → Buy $23
2024-04-30 main Canaccord Genuity Buy → Buy $26
2024-04-30 reit HC Wainwright & Co. Buy → Buy $30
2024-04-02 main HC Wainwright & Co. Buy → Buy $30
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 45000 193794 — Purchase at price 4.24 - 4.34 per share. HOFFMAN MICHAEL B Director — 2025-12-08 00:00:00 D
1 39200 159886 — Purchase at price 3.85 - 4.15 per share. HOFFMAN MICHAEL B Director — 2025-11-24 00:00:00 D
2 39200 159886 — Purchase at price 3.85 - 4.15 per share. HOFFMAN MICHAEL B Director — 2025-11-24 00:00:00 D
3 20000 69900 — Purchase at price 3.49 - 3.50 per share. HOFFMAN MICHAEL B Director — 2025-11-21 00:00:00 D
4 15000 31650 — Purchase at price 2.11 per share. HOFFMAN MICHAEL B Director — 2025-11-14 00:00:00 D
5 97561 200000 — Purchase at price 2.05 per share. MACCECCHINI MARIA-LUISA Chief Executive Officer — 2025-10-28 00:00:00 D
6 975610 2000000 — Purchase at price 2.05 per share. HOFFMAN MICHAEL B Director — 2025-10-28 00:00:00 D
7 7142 1000 — Conversion of Exercise of derivative security at price 0.14 per share. BRUCK CLAUDINE Director — 2025-09-10 00:00:00 D
8 15000 34350 — Stock Award(Grant) at price 2.28 - 2.30 per share. HOFFMAN MICHAEL B Director — 2025-08-29 00:00:00 D
9 18645 48280 — Stock Award(Grant) at price 2.57 - 2.60 per share. HOFFMAN MICHAEL B Director — 2025-08-19 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-30.32M-33.20M-25.51M-14.50M
TotalUnusualItems3.63M-11.84M
TotalUnusualItemsExcludingGoodwill3.63M-11.84M
NetIncomeFromContinuingOperationNetMinorityInterest-24.59M-56.20M-25.33M-14.49M
EBITDA-26.69M-45.04M-25.51M-14.50M
EBIT-26.69M-45.04M-25.51M-14.50M
NetInterestIncome-1.52M667.90K182.71K13.34K
InterestIncome331.85K667.90K182.71K13.34K
NormalizedIncome-28.22M-44.37M-25.33M-14.49M
NetIncomeFromContinuingAndDiscontinuedOperation-24.59M-56.20M-25.33M-14.49M
TotalExpenses26.69M45.04M25.51M14.50M
TotalOperatingIncomeAsReported-26.69M-45.04M-25.51M-14.54M
DilutedAverageShares12.24M9.02M8.16M7.63M
BasicAverageShares12.18M9.02M8.16M7.63M
DilutedEPS-2.31-6.23-3.10-1.90
BasicEPS-2.02-6.23-3.10-1.90
DilutedNIAvailtoComStockholders-28.22M-56.20M-25.33M-14.49M
AverageDilutionEarnings-3.63M0.00
NetIncomeCommonStockholders-24.59M-56.20M-25.33M-14.49M
NetIncome-24.59M-56.20M-25.33M-14.49M
NetIncomeIncludingNoncontrollingInterests-24.59M-56.20M-25.33M-14.49M
NetIncomeContinuousOperations-24.59M-56.20M-25.33M-14.49M
PretaxIncome-24.59M-56.20M-25.33M-14.49M
OtherIncomeExpense3.63M-11.84M
GainOnSaleOfSecurity3.63M-11.84M
NetNonOperatingInterestIncomeExpense-1.52M667.90K182.71K13.34K
TotalOtherFinanceCost1.85M
InterestIncomeNonOperating331.85K667.90K182.71K13.34K
OperatingIncome-26.69M-45.04M-25.51M-14.50M
OperatingExpense26.69M45.04M25.51M14.50M
OtherOperatingExpenses-36.75K
ProvisionForDoubtfulAccounts0.000.000.00
ResearchAndDevelopment20.00M38.79M16.52M8.48M
SellingGeneralAndAdministration6.70M6.24M9.00M6.06M
GeneralAndAdministrativeExpense6.70M6.24M9.00M6.06M
OtherGandA6.70M6.24M9.00M6.06M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber14.14M10.52M8.16M8.10M
ShareIssued14.14M10.52M8.16M8.10M
TangibleBookValue9.31M-7.75M28.32M44.49M
InvestedCapital9.31M-7.75M28.32M44.49M
WorkingCapital10.04M5.93M28.32M44.49M
NetTangibleAssets9.31M-7.75M28.32M44.49M
CommonStockEquity9.31M-7.75M28.32M44.49M
TotalCapitalization9.31M-7.75M28.32M44.49M
TotalEquityGrossMinorityInterest9.31M-7.75M28.32M44.49M
StockholdersEquity9.31M-7.75M28.32M44.49M
RetainedEarnings-134.85M-110.26M-54.05M-28.73M
AdditionalPaidInCapital144.16M102.51M82.38M73.22M
CapitalStock1.41K1.05K816.00810.00
CommonStock1.41K1.05K816.00810.00
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest4.62M17.96M7.70M1.51M
TotalNonCurrentLiabilitiesNetMinorityInterest737.00K13.68M0.000.00
DerivativeProductLiabilities737.00K13.68M0.00
CurrentLiabilities3.88M4.28M7.70M1.51M
PayablesAndAccruedExpenses3.88M4.28M7.70M1.51M
CurrentAccruedExpenses1.58M2.99M3.74M818.44K
Payables2.31M1.29M3.96M688.07K
AccountsPayable2.31M1.29M3.96M688.07K
TotalAssets13.93M10.21M36.02M46.00M
TotalNonCurrentAssets0.000.000.000.00
CurrentAssets13.93M10.21M36.02M46.00M
PrepaidAssets3.37M4.45M7.64M315.46K
CashCashEquivalentsAndShortTermInvestments10.55M5.75M28.38M45.69M
CashAndCashEquivalents10.55M5.75M28.38M45.69M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-21.89M-39.97M-17.31M-9.13M
IssuanceOfCapitalStock18.67M16.89M0.0046.65M
EndCashPosition10.55M5.75M28.38M45.69M
BeginningCashPosition5.75M28.38M45.69M8.07M
ChangesInCash4.80M-22.62M-17.31M37.61M
FinancingCashFlow26.69M17.34M4.61K46.74M
CashFlowFromContinuingFinancingActivities26.69M17.34M4.61K46.74M
ProceedsFromStockOptionExercised8.03M458.38K4.61K95.10K
NetCommonStockIssuance18.67M16.89M0.0046.65M
CommonStockIssuance18.67M16.89M0.0046.65M
OperatingCashFlow-21.89M-39.97M-17.31M-9.13M
CashFlowFromContinuingOperatingActivities-21.89M-39.97M-17.31M-9.13M
ChangeInWorkingCapital681.71K-228.60K-1.14M657.35K
ChangeInPayablesAndAccruedExpense-398.12K-3.42M6.19M928.13K
ChangeInAccruedExpense-1.41M-751.01K2.92M581.92K
ChangeInPayable1.01M-2.67M3.27M346.22K
ChangeInAccountPayable1.01M-2.67M3.27M346.22K
ChangeInPrepaidAssets1.08M3.19M-7.33M-270.79K
ChangeInReceivables0.00
OtherNonCashItems1.80M
StockBasedCompensation3.84M4.63M9.15M4.70M
OperatingGainsLosses-3.63M11.84M
GainLossOnInvestmentSecurities-3.63M11.84M
NetIncomeFromContinuingOperations-24.59M-56.20M-25.33M-14.49M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ANVS
Date User Asset Broker Type Position Size Entry Price Patterns