PYXS Chart
About

Pyxis Oncology, Inc., a clinical stage company, engages in the development of therapeutics to treat solid tumors. Its lead antibody-drug conjugates (ADC) product candidate is PYX-201, an investigational novel ADC consisting of human immunoglobulin G1 (IgG1), which is in Phase 1 clinical trial to treat patients with relapsed or refractory solid tumors; and lead immuno-oncology (IO) product candidate is PYX-106, an investigational fully human IgG1 Siglec-15-targeting antibody that is in Phase 1 clinical trial to treat patients with advanced solid tumors. The company is also developing PYX-107, a CD40 agonist with demonstrated anti-cancer activity in patients with several cancer indications, which is in Phase 2 clinical trial for the treatment of tumors, such as soft tissue sarcomas, esophageal and gastroesophageal junction, cancers, and pancreatic ductal adenocarcinoma. It has in-license agreement with Pfizer Inc. to develop and commercialize ADC product candidates, including micvotabart pelidotin and PYX-203, and other ADC product candidates directed to the licensed targets; and Biosion USA, Inc. for development, manufacture, and commercialization of PYX-106, an IO product candidate. Pyxis Oncology, Inc. was incorporated in 2018 and is headquartered in Boston, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 92.15M
Enterprise Value 34.97M Income -97.09M Sales 2.82M
Book/sh 1.11 Cash/sh 1.23 Dividend Yield —
Payout 0.00% Employees 44 IPO —
P/E — Forward P/E -1.25 PEG —
P/S 32.68 P/B 1.34 P/C —
EV/EBITDA -0.43 EV/Sales 12.40 Quick Ratio 3.93
Current Ratio 4.29 Debt/Eq 27.73 LT Debt/Eq —
EPS (ttm) -1.58 EPS next Y -1.18 EPS Growth —
Revenue Growth — Earnings 2026-03-18 ROA -34.33%
ROE -87.28% ROIC — Gross Margin 100.00%
Oper. Margin -29.30% Profit Margin 0.00% Shs Outstand 62.26M
Shs Float 39.83M Short Float 4.63% Short Ratio 1.77
Short Interest — 52W High 5.55 52W Low 0.83
Beta 1.46 Avg Volume 1.25M Volume 336.11K
Target Price $6.92 Recom None Prev Close $1.45
Price $1.48 Change 2.07%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.93
Mean price target
2. Current target
$1.48
Latest analyst target
3. DCF / Fair value
$-11.84
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.48
Low
$5.00
High
$9.00
Mean
$6.93

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-19 main RBC Capital Outperform → Outperform $5
2025-12-19 main HC Wainwright & Co. Buy → Buy $7
2025-11-24 main Stephens & Co. Overweight → Overweight $8
2025-11-04 main Guggenheim Buy → Buy $7
2025-09-04 init Guggenheim — → Buy $5
2025-08-19 reit HC Wainwright & Co. Buy → Buy $5
2025-05-19 reit HC Wainwright & Co. Buy → Buy $5
2025-03-19 reit RBC Capital Outperform → Outperform $8
2025-03-19 reit HC Wainwright & Co. Buy → Buy $5
2024-12-20 reit HC Wainwright & Co. Buy → Buy $5
2024-12-20 reit RBC Capital Outperform → Outperform $8
2024-11-21 main RBC Capital Outperform → Outperform $10
2024-11-21 down William Blair Outperform → Market Perform —
2024-11-21 reit HC Wainwright & Co. Buy → Buy $7
2024-11-08 init Stephens & Co. — → Overweight $13
2024-09-19 reit RBC Capital Outperform → Outperform $7
2024-08-16 reit HC Wainwright & Co. Buy → Buy $7
2024-08-08 init Stifel — → Buy $10
2024-05-16 reit HC Wainwright & Co. Buy → Buy $7
2024-04-10 reit HC Wainwright & Co. Buy → Buy $7
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 88850 174364 — Purchase at price 1.96 - 2.00 per share. CONNEALY PAMELA ANN Chief Operating Officer — 2024-11-26 00:00:00 I
1 6000 — — Stock Award(Grant) at price 0.00 per share. PALANI SANTHOSH Director — 2024-06-07 00:00:00 D
2 35219 — — Stock Award(Grant) at price 0.00 per share. FLAVIN JOHN L. Director — 2024-03-26 00:00:00 D
3 35219 — — Stock Award(Grant) at price 0.00 per share. LEWIS-HALL FREDA C Director — 2024-03-26 00:00:00 D
4 38741 — — Stock Award(Grant) at price 0.00 per share. HUMPHREY RACHEL W M.D. Director — 2024-03-26 00:00:00 D
5 38741 — — Stock Award(Grant) at price 0.00 per share. DUPONT JAKOB Director — 2024-03-26 00:00:00 D
6 35219 — — Stock Award(Grant) at price 0.00 per share. CLINE DARREN S Director — 2024-03-26 00:00:00 D
7 131484 — — Stock Award(Grant) at price 0.00 per share. WADHANE JITENDRA Officer — 2024-03-26 00:00:00 D
8 328710 — — Stock Award(Grant) at price 0.00 per share. CONNEALY PAMELA ANN Chief Operating Officer — 2024-03-26 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-545.06K0.000.000.00
TaxRateForCalcs0.030.000.000.00
NormalizedEBITDA-44.55M-80.27M-122.77M-62.84M
TotalUnusualItems-20.96M0.00-6.23M
TotalUnusualItemsExcludingGoodwill-20.96M0.00-6.23M
NetIncomeFromContinuingOperationNetMinorityInterest-77.33M-73.79M-120.72M-75.97M
ReconciledDepreciation2.98M1.93M709.00K647.00K
ReconciledCostOfRevenue475.00K0.00
EBITDA-65.51M-80.27M-122.77M-69.07M
EBIT-68.50M-82.20M-123.48M-69.72M
NetInterestIncome7.04M6.63M2.76M23.00K
InterestIncome7.04M6.63M2.76M23.00K
NormalizedIncome-56.91M-73.79M-120.72M-69.74M
NetIncomeFromContinuingAndDiscontinuedOperation-77.33M-73.79M-120.72M-75.97M
TotalExpenses84.64M82.20M123.48M69.72M
TotalOperatingIncomeAsReported-89.46M-82.20M-123.48M-69.72M
DilutedAverageShares58.45M39.90M33.03M8.49M
BasicAverageShares58.45M39.90M33.03M8.49M
DilutedEPS-1.32-1.85-3.65-8.95
BasicEPS-1.32-1.85-3.65-8.95
DilutedNIAvailtoComStockholders-77.33M-73.79M-120.72M-75.97M
NetIncomeCommonStockholders-77.33M-73.79M-120.72M-75.97M
NetIncome-77.33M-73.79M-120.72M-75.97M
NetIncomeIncludingNoncontrollingInterests-77.33M-73.79M-120.72M-75.97M
NetIncomeContinuousOperations-77.33M-73.79M-120.72M-75.97M
TaxProvision-2.16M0.00
PretaxIncome-79.50M-73.79M-120.72M-75.97M
OtherIncomeExpense-18.04M1.78M-6.28M
OtherNonOperatingIncomeExpenses2.93M1.78M181.00K
SpecialIncomeCharges-20.96M0.00
ImpairmentOfCapitalAssets20.96M0.00
EarningsFromEquityInterest0.00-231.00K
GainOnSaleOfSecurity-6.23M
NetNonOperatingInterestIncomeExpense7.04M6.63M2.76M23.00K
InterestIncomeNonOperating7.04M6.63M2.76M23.00K
OperatingIncome-68.50M-82.20M-123.48M-69.72M
OperatingExpense84.17M82.20M123.48M69.72M
ResearchAndDevelopment58.75M49.59M86.13M51.05M
SellingGeneralAndAdministration25.42M32.61M37.35M18.66M
GeneralAndAdministrativeExpense25.42M32.61M37.35M18.66M
OtherGandA4.49M6.35M13.06M10.04M
InsuranceAndClaims5.15M5.17M5.56M
SalariesAndWages15.78M21.09M18.73M8.62M
GrossProfit15.67M0.00
CostOfRevenue475.00K0.00
TotalRevenue16.15M0.000.000.00
OperatingRevenue16.15M0.000.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber59.97M44.75M34.96M32.22M
ShareIssued59.97M44.75M34.96M32.22M
TotalDebt20.20M21.33M18.92M165.00K
TangibleBookValue118.15M101.40M160.82M261.31M
InvestedCapital120.75M125.70M160.82M261.31M
WorkingCapital114.76M98.84M154.98M259.96M
NetTangibleAssets118.15M101.40M160.82M261.31M
CapitalLeaseObligations20.20M21.33M18.92M165.00K
CommonStockEquity120.75M125.70M160.82M261.31M
TotalCapitalization120.75M125.70M160.82M261.31M
TotalEquityGrossMinorityInterest120.75M125.70M160.82M261.31M
StockholdersEquity120.75M125.70M160.82M261.31M
GainsLossesNotAffectingRetainedEarnings170.00K63.00K0.00
OtherEquityAdjustments170.00K63.00K
RetainedEarnings-363.56M-286.23M-212.44M-91.72M
AdditionalPaidInCapital484.08M411.82M373.23M353.00M
CapitalStock60.00K45.00K34.00K32.00K
CommonStock60.00K45.00K34.00K32.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest36.43M48.02M50.55M18.71M
TotalNonCurrentLiabilitiesNetMinorityInterest18.75M22.26M18.92M0.00
NonCurrentDeferredLiabilities0.002.16M0.00
NonCurrentDeferredTaxesLiabilities0.002.16M0.00
LongTermDebtAndCapitalLeaseObligation18.75M20.10M18.92M0.00
LongTermCapitalLeaseObligation18.75M20.10M18.92M0.00
CurrentLiabilities17.68M25.76M31.63M18.71M
OtherCurrentLiabilities643.00K356.00K1.09M266.00K
CurrentDeferredLiabilities0.007.66M0.00
CurrentDeferredRevenue0.007.66M0.00
CurrentDebtAndCapitalLeaseObligation1.45M1.23M165.00K
CurrentCapitalLeaseObligation1.45M1.23M0.00165.00K
PensionandOtherPostRetirementBenefitPlansCurrent3.98M5.22M4.24M2.96M
PayablesAndAccruedExpenses11.60M11.29M26.30M15.31M
CurrentAccruedExpenses6.75M7.40M19.21M3.36M
Payables4.86M3.90M7.10M11.95M
AccountsPayable4.86M3.90M7.10M11.95M
TotalAssets157.18M173.73M211.38M280.02M
TotalNonCurrentAssets24.74M49.12M24.77M1.35M
OtherNonCurrentAssets109.00K
GoodwillAndOtherIntangibleAssets2.60M24.31M0.00
OtherIntangibleAssets2.60M24.31M
NetPPE22.14M24.81M24.77M1.24M
AccumulatedDepreciation-5.23M-3.60M-1.82M-1.12M
GrossPPE27.37M28.42M26.59M2.35M
Leases10.74M10.96M530.00K225.00K
ConstructionInProgress0.009.18M0.00
OtherProperties15.60M16.34M15.85M2.04M
MachineryFurnitureEquipment1.03M1.12M1.04M94.00K
Properties0.000.000.000.00
CurrentAssets132.44M124.60M186.61M278.67M
OtherCurrentAssets3.28M2.82M3.94M84.00K
RestrictedCash1.47M1.47M1.47M1.47M
PrepaidAssets761.00K1.01M1.31M2.38M
Receivables21.00K598.00K0.00
AccruedInterestReceivable21.00K598.00K0.00
CashCashEquivalentsAndShortTermInvestments126.93M119.30M179.29M274.74M
OtherShortTermInvestments107.46M109.63M0.00
CashAndCashEquivalents19.47M9.66M179.29M274.74M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-57.91M-77.44M-95.73M-35.87M
IssuanceOfCapitalStock59.05M6.12M0.00303.88M
CapitalExpenditure-237.00K-6.73M-6.40M-540.00K
InterestPaidSupplementalData10.00K1.00K
IncomeTaxPaidSupplementalData164.00K48.00K17.00K0.00
EndCashPosition20.95M11.14M180.76M276.32M
BeginningCashPosition11.14M180.76M276.32M8.19M
ChangesInCash9.81M-169.63M-95.55M268.13M
FinancingCashFlow59.33M5.93M183.00K304.04M
CashFlowFromContinuingFinancingActivities59.33M5.93M183.00K304.04M
NetOtherFinancingCharges-240.00K-445.00K
ProceedsFromStockOptionExercised520.00K252.00K183.00K167.00K
NetPreferredStockIssuance0.00151.58M
PreferredStockIssuance0.00151.58M
NetCommonStockIssuance59.05M6.12M0.00152.30M
CommonStockIssuance59.05M6.12M0.00152.30M
InvestingCashFlow8.15M-104.85M-6.40M-590.00K
CashFlowFromContinuingInvestingActivities8.15M-104.85M-6.40M-590.00K
NetInvestmentPurchaseAndSale8.39M-104.78M0.00
SaleOfInvestment168.51M92.05M0.00
PurchaseOfInvestment-160.12M-196.83M0.00
NetBusinessPurchaseAndSale0.006.66M0.00-50.00K
SaleOfBusiness0.006.66M0.00
PurchaseOfBusiness0.00-50.00K
NetPPEPurchaseAndSale-237.00K-6.73M-6.40M-540.00K
PurchaseOfPPE-237.00K-6.73M-6.40M-540.00K
OperatingCashFlow-57.67M-70.71M-89.33M-35.33M
CashFlowFromContinuingOperatingActivities-57.67M-70.71M-89.33M-35.33M
ChangeInWorkingCapital-11.82M-11.66M4.50M6.68M
ChangeInOtherWorkingCapital-9.92M998.00K
ChangeInOtherCurrentLiabilities-1.23M2.41M4.26M-615.00K
ChangeInPayablesAndAccruedExpense-470.00K-17.60M3.62M9.73M
ChangeInAccruedExpense-1.67M-14.10M11.95M5.09M
ChangeInPayable1.20M-3.51M-8.33M4.64M
ChangeInAccountPayable1.20M-3.51M-8.33M4.64M
ChangeInPrepaidAssets-203.00K2.53M-3.38M-2.44M
OtherNonCashItems700.00K660.00K10.41M20.60M
StockBasedCompensation12.95M16.95M15.76M6.44M
AssetImpairmentCharge20.96M0.00
AmortizationOfSecurities-6.11M-4.79M0.00
DepreciationAmortizationDepletion2.98M1.93M709.00K647.00K
DepreciationAndAmortization2.98M1.93M709.00K647.00K
OperatingGainsLosses6.28M
EarningsLossesFromEquityInvestments0.0050.00K
GainLossOnInvestmentSecurities6.23M
NetIncomeFromContinuingOperations-77.33M-73.79M-120.72M-75.97M
SEC Filings

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

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