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The latest announcement is out from RenovoRx ( (RNXT) ).
On December 31, 2025, RenovoRx, Inc. received a deficiency notice from Nasdaq stating that the company’s common stock had failed to meet the minimum $1.00 bid price requirement for continued listing on the Nasdaq Capital Market for 32 consecutive business days, although the notice did not immediately affect the stock’s listing status. The company has been granted an initial 180-day period, until June 30, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days, with the possibility of an additional 180-day extension if it meets other listing standards and commits to corrective actions such as a potential reverse stock split; failure to comply after these periods could lead to delisting proceedings, though the company would have the right to appeal.
The most recent analyst rating on (RNXT) stock is a Hold with a $0.80 price target. To see the full list of analyst forecasts on RenovoRx stock, see the RNXT Stock Forecast page.
Spark’s Take on RNXT Stock
According to Spark, TipRanks’ AI Analyst, RNXT is a Neutral.
The score is held down primarily by weak financial performance driven by sizable losses and sustained cash burn, reinforced by a bearish technical setup below major moving averages. Offsetting this somewhat, the latest earnings call was constructive with improving commercial traction and steady clinical-trial progress, while valuation support remains limited due to negative earnings and no dividend.
To see Spark’s full report on RNXT stock, click here.
More about RenovoRx
RenovoRx, Inc. is a publicly traded company listed on the Nasdaq Capital Market, with its primary business conducted through its common stock, which trades under Nasdaq’s listing and bid-price requirements.
Average Trading Volume: 373,082
Technical Sentiment Signal: Sell
Current Market Cap: $30.79M
See more data about RNXT stock on TipRanks’ Stock Analysis page.