Tonix Pharmaceuticals (NASDAQ:TNXP – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tonix Pharmaceuticals in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on Tonix Pharmaceuticals
Tonix Pharmaceuticals Price Performance
Tonix Pharmaceuticals (NASDAQ:TNXP – Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported ($3.98) earnings per share for the quarter, missing analysts’ consensus estimates of ($3.16) by ($0.82). The firm had revenue of $5.39 million for the quarter, compared to analysts’ expectations of $2.97 million. Tonix Pharmaceuticals had a negative return on equity of 60.15% and a negative net margin of 946.22%. Analysts expect that Tonix Pharmaceuticals will post -1762.5 EPS for the current fiscal year.
Insider Buying and Selling
In other Tonix Pharmaceuticals news, CEO Seth Lederman bought 15,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were acquired at an average cost of $14.89 per share, for a total transaction of $223,350.00. Following the purchase, the chief executive officer owned 15,001 shares in the company, valued at approximately $223,364.89. This trade represents a 1,500,000.00% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Royal Bank of Canada purchased a new stake in shares of Tonix Pharmaceuticals during the first quarter valued at $610,000. Geode Capital Management LLC raised its position in Tonix Pharmaceuticals by 182.4% in the 2nd quarter. Geode Capital Management LLC now owns 175,212 shares of the company’s stock worth $6,305,000 after buying an additional 113,175 shares during the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new position in Tonix Pharmaceuticals in the 2nd quarter worth about $62,000. JPMorgan Chase & Co. bought a new position in Tonix Pharmaceuticals during the 2nd quarter valued at about $129,000. Finally, Legal & General Group Plc purchased a new stake in shares of Tonix Pharmaceuticals during the 2nd quarter valued at about $25,000. Hedge funds and other institutional investors own 82.26% of the company’s stock.
Key Headlines Impacting Tonix Pharmaceuticals
Here are the key news stories impacting Tonix Pharmaceuticals this week:
- Positive Sentiment: First participant dosed in a Phase 1 investigator‑initiated pharmacodynamic study of TNX‑1900 to assess potential for treating migraine and craniofacial pain; intranasal oxytocin blocks CGRP release in animal models and represents a mechanism distinct from current CGRP drugs, which could broaden Tonix’s pipeline if signals are positive. Tonix Pharmaceuticals Announces First Participant Dosed in Phase 1 Investigator-Initiated Pharmacodynamic Study of TNX-1900
- Neutral Sentiment: Multiple outlets (Business Insider, Yahoo Finance, TipRanks) picked up the dosing announcement — that raises visibility and investor attention but the study is early‑stage (pharmacodynamic model), so clinical readouts and commercialization remain uncertain. Tonix Pharmaceuticals Announces First Participant Dosed (Business Insider)
- Negative Sentiment: Zacks Research substantially lowered its near‑term EPS forecasts for Tonix, cutting FY2026 and FY2027 estimates and issuing much larger expected losses per share (e.g., FY2026 now modeled at roughly -$10.52). Those revisions signal analyst concern about cash runway, development timelines and the likelihood of future dilution — a key reason for downward pressure on the stock. What is Zacks Research’s Estimate for TNXP FY2028 Earnings?
About Tonix Pharmaceuticals
Tonix Pharmaceuticals is a clinical-stage biotechnology company focused on developing therapeutics for central nervous system disorders, immunology and rare diseases. The company’s pipeline includes small-molecule and biologic product candidates designed to address conditions such as fibromyalgia, post-traumatic stress disorder (PTSD) and other chronic pain syndromes, as well as vaccines for potential viral and biothreat agents.
Among Tonix’s lead programs is TNX-102 SL, a sublingual formulation of cyclobenzaprine being evaluated for the treatment of fibromyalgia and PTSD.
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