AN2 Therapeutics, Inc. ANTX

4.88 (0.01) (0.20%) as of 25 Sep
Market cap
$184.5M
P/E
0.0×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.01
Total sells 0.40
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — 1
Sell — 2 — 4 — 1 — 1 — 1 1 3
Insider Ownership 36.78%

Capital & Financial Ratios

Market Cap 184.53
Revenue —
Net Income (36.28)
Free Cash Flow (30.68)
Net Debt (78.39)
Current Ratio 14.32
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 2.88
Past 5Y EPS Growth (41.25%)
This Y EPS Growth 22.84%
Next Y EPS Growth 10.61%
Next 5Y EPS Growth 10.92%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2018 1.31
0.66
0.66
2017 2.62
0.66
0.66
0.66
0.66
2016 2.62
0.66
0.66
0.66
0.66
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 107 84 58 78
Receivables — — — —
Inventory — — — —
Other — — — —
111 86 60 80
2023 2024 2025 Q'26
Payables 3 3 3 2
ST’ Debt — — — —
Other 1 1 1 1
14 10 9 6
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 80.74% (17.75%)

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (12) (7) — — —
’25 (11) (8) (6) (5) (30)
’24 (18) (14) (12) (5) (49)
’23 (12) (13) (12) (17) (53)
’22 (7) (10) (9) (8) (33)
’21 (2) (5) (5) (9) (20)
’20 — — — (5) (5)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (12) (7) — — —
’25 (11) (8) (6) (5) (30)
’24 (18) (14) (12) (5) (49)
’23 (12) (13) (12) (17) (53)
’22 (7) (10) (9) (8) (33)
’21 (2) (5) (5) (9) (20)
’20 — — — (5) (5)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.29) (0.18) — — —
’25 (0.35) (0.21) (0.31) (0.29) (1.16)
’24 (0.56) (0.48) (0.43) (0.25) (1.72)
’23 (0.79) (0.81) (0.65) (0.57) (2.74)
’22 (2.98) (0.53) (0.59) (0.61) (2.79)
’21 (0.78) (1.90) (2.63) (2.86) (8.17)
’20 — — — — (5.30)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — 6.88 4.87 0.87 1.01

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — 23.58 21.70 22.22 1.55
High Price
— — — — — 22 36 41 22 21
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
— — — — — — 0.00% — — —
Gross Margin
— — — (6) (14) (22) (41) (65) (51) (35)
EBT
— — — 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
— 0 — (6) (14) (22) (41) (65) (51) (35)
Net Income
— — — — — 0 (1) (3) (3) (1)
Depreciation
— — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
— — — (0.31) (5.30) (8.17) (2.79) (2.74) (1.72) (1.16)
Earnings/Sh
— — — (0.13) (2.09) (7.76) (2.18) (2.26) (1.65) (0.99)
Cash Flow/Sh
— — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex/Sh
— — — (0.13) (2.09) (7.76) (2.18) (2.26) (1.65) (0.99)
Free CF/Sh
— — — 0.26 1.07 23.47 6.22 5.28 2.74 1.76
Book Value/Sh
— — — 19 3 3 15 24 30 30
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
— — — (2) (5) (20) (33) (53) (49) (30)
Op' Cash Flow
— — — — — — — — — —
Capex
— — — (2) (5) (20) (33) (53) (49) (30)
FCF
— — — 6 3 57 91 96 76 51
Working Cap'
— — — — — — 0 — — —
Total Debt
— — — (6) (4) (59) (96) (107) (84) (58)
Net Debt
— — — 5 3 62 95 125 82 53
Sh' Equity
— — — (201.19%) (293.62%) (80.68%) (50.96%) (53.65%) (44.47%) (45.67%)
ROA
— — — 0.00% 0.00% (402.14%) 0.00% (250.04%) 0.00% 0.00%
ROIC
— — — 43.91% 111.67% 82.85% (178.38%) (58.83%) (49.69%) (52.14%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

AN2 Therapeutics, Inc. peers in Biotechnology

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AN2 Therapeutics, Inc. (ANTX) key facts

  • AN2 Therapeutics, Inc. (ANTX) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
  • As of September 25, 2026, ANTX traded at $4.88, a market capitalization of $184.5 million.
  • Return on equity was −52.1% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

AN2 Therapeutics, Inc. (ANTX) Latest News

News by impact score

Fine-tune

31 Aug

3

AN2 Therapeutics presented clinical and translational data supporting Epetraborole development for Polycythemia Vera at the SOHO 2026 Annual Meeting. Conference data presentation advances Epetraborole pipeline in Polycythemia Vera with moderate effects on operations and sentiment.

11 Aug

3

AN2 Therapeutics reported second quarter 2026 financial results and recent business and scientific highlights. Quarterly results with business and scientific updates typically produce moderate effects on near-term sentiment and operations without guaranteeing major trajectory shifts.

4 Jun

4

AN2 Therapeutics reported positive enabling data for oral AN2-502998, advancing the candidate to Phase 2 study in chronic Chagas disease. Positive enabling data advancing lead candidate to Phase 2 materially strengthens development pipeline and investor outlook.

11 May

3

AN2 Therapeutics, Inc. (ANTX) reported first quarter 2026 financial results and highlighted recent business and scientific developments. Quarterly financial results and scientific highlights moderately influence financial performance and investor sentiment.

31 Mar

4

AN2 Therapeutics initiates Phase 2 investigator-initiated clinical trial of epetraborole for Mycobacterium abscessus complex lung disease. Initiation of Phase 2 trial advances ANTX's pipeline in rare lung disease, potentially enhancing valuation and investor sentiment.

17 Mar

4

AN2 Therapeutics reported fourth quarter and full-year 2025 financial results alongside recent business and scientific highlights. Financial results and scientific highlights reveal pipeline progress and operational health, significantly influencing stock trajectory and investor sentiment.

9 Mar

4

AN2 Therapeutics, Inc. (ANTX) announced a $40 million private placement financing. $40 million private placement provides critical funding to support clinical development and extend operational runway.

3 Mar

4

AN2 Therapeutics, Inc. (ANTX) announces plans to advance oral epetraborole into a Phase 2 clinical study for polycythemia vera (PV). Advancing a novel oral drug to Phase 2 trials for PV marks a major pipeline milestone that could significantly enhance ANTX's clinical prospects and investor sentiment.

12 Jan

4

AN2 Therapeutics, Inc. has received FDA clearance to initiate a 90-patient investigator-initiated trial (IIT) for Epetraborole, targeting patients with Mycobacterium abscessus lung disease. This trial aims to evaluate the safety and efficacy of Epetraborole, a novel antibiotic, in treating this challenging infection. The company is optimistic about the potential of this treatment to address unmet medical needs in patients suffering from M. abscessus lung disease. FDA clearance for a trial of a novel antibiotic represents a significant strategic move that could enhance the company's product pipeline and market position.

9 Jan

4

AN2 Therapeutics, Inc. (ANTX) has been upgraded to a 'Buy' rating by analysts, indicating a positive outlook for the stock. This upgrade suggests that the company's potential for growth and profitability is recognized, likely due to recent developments or performance metrics that have improved investor sentiment. The upgrade may attract more investors and influence market performance positively. The upgrade to 'Buy' reflects significant positive changes in investor sentiment and potential growth prospects for the company.

12 Nov

4

AN2 Therapeutics, Inc. reported its financial results for the third quarter of 2025, highlighting key business and scientific advancements. The company continues to progress in its development pipeline, focusing on innovative therapies. Financial metrics indicate growth, with increased revenue and strategic investments aimed at enhancing product offerings and market reach. Recent collaborations and research initiatives are expected to bolster the company's position in the therapeutic landscape. Significant advancements in product development and strategic collaborations are likely to impact future performance and investor sentiment.

10 Nov

4

AN2 Therapeutics, Inc. has announced a research collaboration with GlaxoSmithKline (GSK) to develop boron-based LeuRS-inhibitors aimed at treating tuberculosis (TB). This partnership is expected to leverage GSK's expertise in drug development and AN2's innovative approach to target TB, a significant global health challenge. The collaboration aims to advance the research and potential commercialization of these inhibitors, which could provide new treatment options for TB patients. The collaboration with GSK represents a significant strategic move that could enhance AN2's product pipeline and market position in the fight against tuberculosis.

12 Aug

4

AN2 Therapeutics, Inc. (ANTX) reported its financial results for the second quarter of 2025, highlighting key business and scientific advancements. The company continues to focus on its innovative therapies and has made progress in its clinical trials. Financial metrics indicate growth, with increased revenue compared to the previous quarter. AN2 Therapeutics remains committed to its strategic goals and aims to enhance its market position through ongoing research and development efforts. Significant advancements in clinical trials and financial growth indicate a strong potential for altering the company's trajectory.

4

AN2 Therapeutics, Inc. has initiated its first-in-human clinical trial for AN2-502998, an oral treatment aimed at addressing Chagas disease. This trial marks a significant step in the company's efforts to develop innovative therapies for neglected tropical diseases. The study will evaluate the safety, tolerability, and pharmacokinetics of AN2-502998 in healthy volunteers, with the potential to provide a new treatment option for patients suffering from Chagas disease, which affects millions worldwide. The initiation of a first-in-human clinical trial for a novel treatment could significantly impact AN2 Therapeutics' future performance and market position.

23 Jul

4

AN2 Therapeutics, Inc. has announced a collaboration with the Drugs for Neglected Diseases initiative (DNDi) to develop a new oral compound aimed at treating chronic Chagas disease. This partnership focuses on advancing clinical development and potentially improving treatment options for this neglected tropical disease, which affects millions worldwide. The collaboration aligns with AN2's mission to address unmet medical needs and expand its therapeutic portfolio. The collaboration with DNDi represents a significant strategic move that could enhance AN2's product offerings and market position in addressing a critical health issue.

30 Jun

4

AN2 Therapeutics, Inc. reported insights from a 200-patient observational study on acute melioidosis, which supports the groundwork for a Phase 2 proof-of-concept trial of their drug, Epetraborole. The study's findings are expected to enhance understanding of the disease and the potential efficacy of Epetraborole in treating it. The initiation of a Phase 2 trial for Epetraborole could significantly impact AN2 Therapeutics' future performance and market position in addressing acute melioidosis.

28 Jun

3

Multiple insiders at AN2 Therapeutics, Inc. (NASDAQ:ANTX) have recently purchased shares, indicating confidence in the company's future. Over the past year, insiders bought 295.61k shares worth US$312k while selling only 17.61k shares for US$24k. The largest purchase was made by Independent Director Robin Readnour, who bought US$213k worth of shares at US$1.16 each. Insiders currently own 6.7% of the company, valued at approximately US$2.2m. Despite recent insider buying, the amounts are relatively small, and there are three warning signs for the company that investors should consider. Insider buying suggests some confidence in the company's future, but the overall impact is limited by the small amounts involved and existing warning signs.

29 May

3

AN2 Therapeutics, Inc. (ANTX) announced a poster presentation featuring data on Mycobacterium abscessus at the 2025 Colorado Mycobacteria Conference. This presentation highlights the company's ongoing research and development efforts in addressing this challenging pathogen, which is known for its resistance to treatment. The conference serves as a platform for sharing advancements in mycobacterial research, potentially enhancing AN2's visibility and collaboration opportunities within the scientific community. The presentation may enhance AN2's reputation and collaboration prospects, but its immediate financial impact is expected to be limited.

13 May

4

AN2 Therapeutics, Inc. reported first quarter 2025 financial results, highlighting a cash position of $78.5 million, expected to fund operations into 2028. The company is advancing its pipeline, including a Phase 1 study for AN2-502998 targeting chronic Chagas disease and a Phase 2 study for epetraborole in melioidosis. AN2 aims to leverage its boron chemistry platform for oncology programs and has reduced R&D expenses to $7.7 million from $14.7 million year-over-year. The net loss for the quarter was $10.6 million, down from $16.6 million in 2024. The advancement of multiple clinical programs and significant cash runway indicate a strong potential for future growth and market impact.

1 May

3

AN2 Therapeutics, Inc. (ANTX) reported data from the Phase 3 portion of the previously terminated EBO-301 study, highlighting findings that may influence future development strategies. The company also outlined upcoming milestones related to its boron chemistry pipeline, indicating a focus on advancing its research and product offerings despite past setbacks. The reported data and future milestones may moderately influence AN2 Therapeutics' product innovation and market positioning.

7 Apr

3

AN2 Therapeutics (NASDAQ:ANTX) has a cash runway of approximately 20 months, with cash reserves of US$84 million and a cash burn of US$49 million over the last year. Although the cash burn has decreased by 7.6%, it represents 129% of the company's US$38 million market capitalization, indicating a high risk of funding distress. While the cash runway appears promising, the elevated cash burn relative to market cap raises concerns about the company's financial stability and potential dilution for shareholders. The significant cash burn relative to market capitalization suggests potential funding challenges that could moderately influence the company's financial performance.

25 Mar

4

AN2 Therapeutics, Inc. reported its fourth quarter and full year 2024 financial results, highlighting upcoming Phase 3 topline data for epetraborole in treatment-refractory MAC lung disease expected in Q2 2025. The company plans to initiate a Phase 1 study for AN2-502998 for Chagas disease in mid-2025 and anticipates topline data for a melioidosis trial in Q2 2025. AN2 also aims to advance its first oncology candidate from its boron chemistry platform in the second half of 2025. As of December 31, 2024, the company had $88.6 million in cash, expected to fund operations through 2027. Upcoming clinical trial results and potential FDA engagement could significantly impact the company's future trajectory and investor sentiment.

24 Feb

4

AN2 Therapeutics, Inc. has amended its statistical analysis plan for the Phase 3 EBO-301 trial, selecting the Quality of Life – Bronchiectasis (QOL-B) as the primary efficacy endpoint. This decision aims to expedite unblinding of Phase 3 data by Q2 2025, ahead of a potential FDA meeting. The company observed promising results in Phase 2, indicating clinical improvement in a treatment-refractory population. The updated endpoint aligns with FDA guidance and follows precedents set by similar studies. AN2 plans to release topline Phase 3 results in mid-2025, contingent on FDA feedback. The selection of a new primary efficacy endpoint and the potential for FDA discussions could significantly impact AN2's regulatory pathway and market positioning.

19 Jan

4

Insiders at AN2 Therapeutics, Inc. (ANTX) have recently purchased significant amounts of stock, signaling confidence in the company's future. This trend of insider buying often indicates positive expectations regarding the company's performance and potential growth. Such actions can influence market sentiment and investor confidence, suggesting that insiders believe in the company's prospects. Insider purchases typically reflect strong confidence in the company's future, which can significantly impact market perception and performance.

13 Nov

4

AN2 Therapeutics reported positive results from the Phase 2 portion of the EBO-301 trial, showing clinical improvements in patients with treatment-refractory MAC lung disease. The company plans to meet with the FDA to discuss potential reinitiation of a Phase 3 trial for epetraborole. AN2 also highlighted progress in its boron chemistry pipeline, including advancements in Chagas disease and melioidosis programs. Positive Phase 2 results and potential reinitiation of Phase 3 trial for epetraborole could significantly impact AN2's future development and market performance.

17 Oct

4

AN2 Therapeutics receives continuation grant from the Bill & Melinda Gates Foundation to discover novel boron-based therapies for tuberculosis and malaria. Grant from the Gates Foundation to discover new drugs for TB and malaria has significant impact on AN2 Therapeutics' future and market performance.

28 Aug

3

AN2 Therapeutics, Inc. will present at the H.C. Wainwright 26th Annual Global Investment Conference. The presentation at the conference may moderately influence key areas such as financial performance and competitive positioning.

19 Aug

4

AN2 Therapeutics (ANTX) plunged 66.3% in a month after discontinuing mid to late-stage study on epetraborole for MAC lung disease due to unsatisfactory efficacy results. Discontinuation of key study and workforce reduction with strategic restructuring will significantly impact AN2 Therapeutics' future and market performance.

16 Aug

4

AN2 Therapeutics, Inc. adopts limited duration stockholder rights plan to guard against rapid accumulation of common stock by BML Investment Partners, L.P. The adoption of the stockholder rights plan is a significant strategic move that could impact the company's future governance and control.

13 Aug

3

AN2 Therapeutics reported financial results for Q2 2024, with $104.5 million in cash and investments. They terminated a clinical study for epetraborole in MAC lung disease but plan to advance other programs. Published new data on epetraborole's efficacy. R&D expenses decreased, net loss was $14.4 million. The termination of the clinical study and plans for other programs may moderately influence the company's future development and market performance.

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