Tenax Therapeutics, Inc. TENX
- Market cap
- $70.0M
- P/E
- 0.0×
Follow TENX
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38,720.00 | 9,920.00 | 1,648.00 | 1,744.00 | 400.00 | 1,616.00 | 128.00 | 12.08 | 2.77 | 4.63 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 107,840.00 | 84,800.00 | 20,208.00 | 4,464.00 | 4,544.00 | 5,888.00 | 2,334.40 | 344.00 | 22.88 | 14.22 |
High Price
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| 11 | 8 | 10 | 10 | 10 | 9 | 8 | 6 | 6 | 16 |
Employees
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| — | — | — | — | — | — | — | — | — | — | Revenue | |||
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — | — | — |
Gross Margin
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| (44) | (9) | (7) | (8) | (10) | (32) | (11) | (8) | (18) | (53) |
EBT
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| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EBT Margin
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| (44) | (9) | (14) | (8) | (10) | (32) | (11) | (8) | (18) | (53) |
Net Income
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| 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
Depreciation
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Revenue/Sh
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| (49,920.00) | (10,017.20) | (14,464.00) | (2,160.00) | (1,520.57) | (2,528.00) | (560.16) | (31.04) | (1.15) | (1.34) |
Earnings/Sh
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| (17,634.78) | (13,489.44) | (5,499.50) | (1,937.49) | (1,426.60) | (841.57) | (618.95) | (23.81) | (0.97) | (0.91) |
Cash Flow/Sh
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| 80.11 | (5.00) | (7.60) | (0.92) | (0.54) | (0.41) | (0.12) | 0.01 | 0.00 | 0.00 |
Capex/Sh
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| (17,554.67) | (13,494.44) | (5,507.10) | (1,938.41) | (1,427.14) | (841.98) | (619.07) | (23.79) | (0.97) | (0.91) |
Free CF/Sh
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| 19,045.44 | 9,868.78 | 11,771.50 | 967.31 | 711.63 | 329.05 | 81.13 | 32.65 | 6.02 | 2.48 |
Book Value/Sh
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 39 |
Shares
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| — | — | — | — | — | — | — | — | — | — | PE Ratio | |||
| — | — | — | — | — | — | — | — | — | — | PS Ratio | |||
| — | — | — | — | — | — | — | — | — | — | PB Ratio | |||
| — | — | — | — | — | — | — | — | — | — | EV/Sales | |||
| — | — | — | — | — | — | — | — | — | — | EV/FCF | |||
| (16) | (12) | (5) | (8) | (9) | (11) | (11) | (6) | (15) | (36) |
Op' Cash Flow
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| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
Capex
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| (16) | (12) | (6) | (8) | (9) | (11) | (11) | (6) | (15) | (36) |
FCF
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| 7 | 7 | 12 | 4 | 5 | 4 | 1 | 8 | 92 | 97 |
Working Cap'
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| — | — | — | 0 | 0 | 0 | 1 | — | — | — |
Total Debt
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| (13) | (8) | (13) | (5) | (7) | (6) | (2) | (10) | (95) | (98) |
Net Debt
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| 17 | 9 | 12 | 4 | 5 | 4 | 1 | 8 | 92 | 97 |
Sh' Equity
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| (91.20%) | (53.20%) | (121.79%) | (85.21%) | (148.88%) | (505.01%) | (235.14%) | (102.20%) | (32.48%) | (52.36%) |
ROA
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| (852.44%) | (498.28%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ROIC
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| (113.26%) | (67.94%) | (136.97%) | (108.01%) | (234.61%) | (732.21%) | (385.12%) | (160.80%) | (35.17%) | (55.64%) |
ROE
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Tenax Therapeutics, Inc. peers in Biotechnology
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| SPRO Spero Therapeutics, Inc. | $71.6M | 8.8× | Compare |
| ATHE Alterity Therapeutics Limited - Sponsored ADR | $72.0M | 0.0× | Compare |
| OKYO OKYO Pharma Limited Sponsored ADR | $72.4M | 0.0× | Compare |
| KLRS Kalaris Therapeutics Inc. | $67.1M | 0.0× | Compare |
Tenax Therapeutics, Inc. (TENX) key facts
- Tenax Therapeutics, Inc. (TENX) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- As of September 25, 2026, TENX traded at $1.81, a market capitalization of $70.0 million.
- Return on equity was −55.6% and debt-to-equity 0.00.
Tenax Therapeutics, Inc. (TENX) Latest News
4 Sep
Tenax (TENX) LEVEL trial missed primary endpoint but showed 26.3-meter benefit in prespecified subgroup; viability of another Phase 3 trial questioned. Phase 3 miss with subgroup signal creates major uncertainty around further development and stock trajectory for Tenax.
29 Aug
Tenax Therapeutics will present Phase 3 LEVEL results in late-breaking scientific sessions at ESC Congress 2026. Phase 3 LEVEL data presentation at ESC Congress 2026 positions company for major shifts in trajectory and investor views.
11 Aug
Tenax Therapeutics' stock crashes on Phase III trial failure. Phase III failure eliminates lead drug candidate and triggers permanent loss of market value.
Tenax LEVEL trial missed primary goal but subgroup data bolsters levosimendan case. Mixed LEVEL trial outcome creates moderate risk to levosimendan development path and near-term valuation.
10 Aug
Tenax Therapeutics Phase 3 LEVEL Trial for TNX-103 missed its primary endpoint. Missing primary endpoint in pivotal Phase 3 trial for lead candidate TNX-103 fundamentally damages development prospects and market valuation.
TENX stock plunged 89% in a single session on adverse company developments. An 89% single-day plunge indicates severe setbacks that will fundamentally alter the company's trajectory and investor outlook.
31 Jul
Tenax Therapeutics reported second quarter 2026 financial results and issued a corporate update. Quarterly financial results provide routine performance data that may influence near-term sentiment but rarely alter long-term company trajectory.
2 Jul
Tenax Therapeutics, Inc. (TENX) will deliver a late-breaking presentation of LEVEL clinical trial data at ESC Congress 2026. Clinical data presentation at major medical congress can generate investor attention and modest share price movement for small-cap biotech firm.
12 May
Tenax Therapeutics reported first quarter 2026 financial results and provided a corporate update. Quarterly financial results and corporate updates moderately influence financial performance and investor sentiment.
4 May
Tenax Therapeutics, Inc. (TENX) appointed Timothy Healey, MBA, as Chief Commercial Officer to lead commercialization efforts for its pipeline, including levosimendan for pulmonary hypertension and right heart failure. Hiring a Chief Commercial Officer strengthens commercialization strategy for key pipeline assets, likely influencing market positioning and investor sentiment moderately.
10 Mar
Tenax Therapeutics (TENX) released Q4 earnings snapshot detailing quarterly financial results. Q4 earnings snapshot reveals financial performance influencing investor sentiment and short-term stock trajectory.
Tenax Therapeutics reported fourth quarter and full year 2025 financial results and provided a corporate update. Quarterly and annual financial results with corporate update affect financial performance and investor sentiment but are routine disclosures.
15 Feb
Tenax Therapeutics shared Phase III Levosimendan trial progress and H2 data readout timeline at Guggenheim Conference. Phase III trial update and H2 data timeline for lead candidate Levosimendan could significantly boost investor sentiment and alter TENX trajectory.
4 Feb
Tenax Therapeutics, Inc. will participate in the Guggenheim Emerging Outlook Biotech Summit 2026, highlighting its commitment to engaging with investors and stakeholders in the biotech sector. The summit is expected to provide a platform for discussing the company's strategic direction and innovations in therapeutic development. Participation in the summit may enhance investor interest and provide networking opportunities, but it is not expected to lead to immediate significant changes in the company's trajectory.
8 Jan
Guggenheim has doubled its price target for Tenax Therapeutics, Inc. (TENX) and named it a top pick, indicating strong confidence in the company's potential for growth and performance in the market. The increased price target and designation as a top pick suggest significant positive sentiment and potential for future performance.
17 Dec
Tenax Therapeutics, Inc. announced the results of a prespecified blinded sample size assessment for its clinical trial. The assessment aimed to determine the appropriate sample size needed to achieve statistically significant results. The company is focused on advancing its therapeutic candidates and optimizing trial designs to enhance the likelihood of successful outcomes. The sample size assessment may influence the trial's design and outcomes, impacting future financial performance and product development.
13 Nov
Tenax Therapeutics, Inc. (TENX) is positioned to invest in growth opportunities, leveraging its resources to enhance product development and market presence. The company is exploring strategic initiatives that could lead to significant advancements in its therapeutic offerings, potentially improving its competitive stance in the biotechnology sector. Investors are encouraged by the prospects of growth and innovation within the company, which may positively influence its market performance. Strategic initiatives and growth opportunities could significantly alter the company's trajectory and investor sentiment.
12 Nov
Tenax Therapeutics, Inc. reported its Q3 earnings, highlighting key financial metrics and developments. The company continues to focus on its therapeutic pipeline and strategic initiatives aimed at enhancing growth. Investors are keenly observing the financial performance and future outlook as Tenax navigates its operational challenges and market opportunities. The earnings report indicates moderate financial performance and strategic focus, which may influence investor sentiment and operational aspects.
Tenax Therapeutics, Inc. (TENX) reported its financial results for the third quarter of 2025, highlighting key metrics and developments in its corporate strategy. The company provided updates on its ongoing projects and future plans, emphasizing its commitment to advancing therapeutic solutions. Financial performance indicators showed trends that may influence investor sentiment and operational focus moving forward. Financial results and corporate updates indicate moderate influence on future performance and market positioning.
6 Nov
Tenax Therapeutics, Inc. will host a virtual Key Opinion Leader (KOL) call to discuss TNX-103, an oral formulation of levosimendan, aimed at treating pulmonary hypertension with heart failure preserved ejection fraction (PH-HFpEF). The call is intended to provide insights into the drug's potential and its implications for patient care. The KOL call may influence investor sentiment and provide insights into product innovation, but its overall effect is expected to be somewhat limited.
16 Sep
Tenax Therapeutics, Inc. announced that the European Patent Office intends to grant a patent for the use of levosimendan in treating pulmonary hypertension with heart failure preserved ejection fraction (PH-HFpEF). This patent could enhance the company's intellectual property portfolio and support its development efforts in this therapeutic area. The potential patent grant could significantly impact Tenax's strategic positioning and market opportunities in a specialized therapeutic area.
13 Aug
Tenax Therapeutics, Inc. reported its Q2 earnings, highlighting key financial metrics and operational updates. The company continues to focus on its development pipeline and strategic initiatives aimed at enhancing shareholder value. Despite challenges, management remains optimistic about future growth prospects and ongoing projects. The earnings report indicates moderate financial performance and ongoing strategic initiatives that may influence the company's trajectory.
Tenax Therapeutics, Inc. (TENX) reported its financial results for the second quarter of 2025, highlighting key metrics and developments in its corporate strategy. The company provided updates on its ongoing projects and future plans, emphasizing its commitment to advancing therapeutic solutions. Financial performance indicators showed trends that may influence investor sentiment and market positioning. The financial results and corporate updates indicate moderate influence on Tenax's market performance and strategic direction.
14 May
Tenax Therapeutics, Inc. reported its first quarter 2025 financial results, highlighting progress in its Phase 3 LEVEL study for TNX-103 in pulmonary hypertension with heart failure preserved ejection fraction (PH-HFpEF). The company expects to complete enrollment of 230 patients by year-end 2025 and initiate a second Phase 3 study, LEVEL-2, within the year. Financially, Tenax reported cash and cash equivalents of $111.4 million and a net loss of $10.4 million for the quarter. R&D expenses increased significantly due to the ongoing LEVEL study, while G&A expenses also rose due to compensation and legal fees. Levosimendan, the drug under development, has shown promise in earlier studies for improving patient outcomes in PH-HFpEF. The completion of patient enrollment and initiation of a second Phase 3 study are significant strategic moves that could greatly influence Tenax's future performance.
Tenax Therapeutics, Inc. reported its Q1 earnings, highlighting key financial metrics and operational updates. The company continues to focus on its therapeutic developments and strategic initiatives aimed at enhancing its market position. Investors are keenly observing the implications of these results on future performance and growth prospects. The earnings report indicates moderate influences on financial performance and strategic direction, but overall effects are expected to be balanced by other factors.
25 Mar
Tenax Therapeutics, Inc. reported financial results for 2024, highlighting successful private placements totaling approximately $125 million to advance TNX-103 for pulmonary hypertension with heart failure. The company aims to complete enrollment in its Phase 3 LEVEL study by the end of 2025, with topline data expected in mid-2026. Recent developments include FDA approval of an expanded Phase 3 plan and the appointment of a new VP of Clinical Operations. R&D expenses rose significantly due to the ongoing LEVEL study, while net losses increased compared to the previous year. The successful funding and regulatory advancements for TNX-103 are likely to significantly impact Tenax's future trajectory and investor sentiment.
Tenax Therapeutics, Inc. reported its Q4 earnings, highlighting key financial metrics and operational updates. The company continues to focus on its therapeutic developments and strategic initiatives aimed at enhancing its market position. Investors are keenly observing the implications of these results on future growth prospects. The earnings report indicates moderate financial performance that may influence investor sentiment and operational strategies.
5 Mar
Tenax Therapeutics, Inc. has announced a $25 million private placement to support its clinical development programs. The financing is expected to enhance the company's ability to advance its product pipeline, particularly in the treatment of pulmonary hypertension and other serious conditions. The placement is anticipated to provide the necessary capital for ongoing and future clinical trials, positioning Tenax for potential growth and expansion in the biopharmaceutical market. The private placement is a significant financial move that will support key clinical developments and potentially enhance the company's market position.
Tenax Therapeutics, Inc. has expanded its Phase 3 LEVEL program by advancing two registrational studies for TNX-103 (oral levosimendan) aimed at treating pulmonary hypertension with preserved ejection fraction (PH-HFpEF). This initiative is part of the company's strategy to enhance its clinical development pipeline and address unmet medical needs in this patient population. Advancing two registrational studies represents a significant strategic move that could alter the company's trajectory and investor sentiment.
22 Jan
Tenax Therapeutics, Inc. has appointed Gillian Andor as Vice President of Clinical Operations. Andor brings over 20 years of experience in clinical development and operations, having held leadership roles at various biopharmaceutical companies. Her expertise is expected to enhance Tenax's clinical programs and support the company's growth strategy. The appointment of a seasoned professional in clinical operations may positively influence Tenax's product development and operational efficiency.