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Inflarx N.V. (IFRX)
NASDAQ:IFRX
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InflaRx (IFRX) AI Stock Analysis

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IFRX

InflaRx

(NASDAQ:IFRX)

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Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
$2.00
▲(14.94% Upside)
Action:Reiterated
Date:06/30/26
The score is primarily constrained by weak financial performance, including minimal revenue, continued losses, and sustained cash burn, despite low balance-sheet leverage. Technicals are moderately supportive due to price trading above key moving averages, but mixed momentum indicators prevent a stronger technical score. Valuation contributes limited insight because the company is loss-making and offers no dividend yield data.
Positive Factors
Low Leverage / Balance Sheet Flexibility
Very low debt (debt/equity ~0.02) is a durable strength for a clinical-stage biotech. Limited interest burden and low default risk give management financial flexibility to prioritize R&D, enter partnerships, and withstand trial timelines without immediate debt servicing constraints.
Negative Factors
Sustained Cash Burn
Persistent negative operating and free cash flow (~-$29M TTM) is a structural constraint. Continued cash burn forces reliance on external financing or partnerships, increases dilution risk, and limits the company’s ability to accelerate programs or absorb setbacks without altering development timelines.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Balance Sheet Flexibility
Very low debt (debt/equity ~0.02) is a durable strength for a clinical-stage biotech. Limited interest burden and low default risk give management financial flexibility to prioritize R&D, enter partnerships, and withstand trial timelines without immediate debt servicing constraints.
Read all positive factors

InflaRx (IFRX) vs. SPDR S&P 500 ETF (SPY)

InflaRx Business Overview & Revenue Model

Company Description
InflaRx N.V. is a clinical-stage biopharmaceutical firm dedicated to discovering and developing novel inhibitors leveraging C5a technology, primarily operating in Germany and the United States. The company's focus on C5a stems from its critical ro...
How the Company Makes Money
InflaRx is a clinical-stage biotech, so it typically does not have recurring commercial product sales unless it has an approved, marketed drug (null if not applicable). Its funding and revenue, when present, generally come from (1) collaboration a...

InflaRx Financial Statement Overview

Summary
Financials are pressured by negligible revenue, deeply negative gross profit, and persistent net losses (TTM net loss around ~$41M). Cash flow remains a major weakness with ongoing operating and free cash flow burn (TTM FCF about -$28.9M). The key offset is a low-debt balance sheet (debt-to-equity ~0.02), but equity and assets have fallen sharply, underscoring continued funding/dilution risk.
Income Statement
12
Very Negative
Balance Sheet
64
Positive
Cash Flow
18
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue29.33K29.33K165.79K63.09K0.000.00
Gross Profit-7.23M-7.24M-3.15M-469.17K0.000.00
EBITDA-42.36M-45.16M-45.55M-42.06M-28.84M-44.94M
Net Income-42.91M-45.63M-46.06M-42.67M-29.48M-45.63M
Balance Sheet
Total Assets48.94M55.19M76.02M120.21M102.40M125.14M
Cash, Cash Equivalents and Short-Term Investments39.84M46.44M18.38M12.77M81.81M83.41M
Total Debt823.88K897.53K805.09K1.12M1.36M1.43M
Total Liabilities12.01M13.65M14.60M17.63M14.05M19.86M
Stockholders Equity36.93M41.54M61.42M102.58M88.35M105.28M
Cash Flow
Free Cash Flow-28.93M-34.03M-48.60M-37.89M-33.91M-39.97M
Operating Cash Flow-28.81M-33.92M-48.56M-37.81M-33.74M-39.94M
Investing Cash Flow-8.18M3.11M52.36M-17.70M19.36M-25.95M
Financing Cash Flow6.23M32.00M386.45K52.99M1.94M61.58M

InflaRx Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.74
Price Trends
50DMA
1.96
Negative
100DMA
1.75
Positive
200DMA
1.42
Positive
Market Momentum
MACD
-0.08
Positive
RSI
44.47
Neutral
STOCH
48.65
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IFRX, the sentiment is Positive. The current price of 1.74 is below the 20-day moving average (MA) of 1.85, below the 50-day MA of 1.96, and above the 200-day MA of 1.42, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 44.47 is Neutral, neither overbought nor oversold. The STOCH value of 48.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IFRX.

InflaRx Risk Analysis

InflaRx disclosed 82 risk factors in its most recent earnings report. InflaRx reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

InflaRx Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$166.57M1.5455.29%-100.00%
52
Neutral
$250.40M-2.42-94.90%
52
Neutral
$64.08M-1.54233.93%-61.71%-11.47%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
49
Neutral
$75.51M-12.7025.68%-88.41%76.14%
49
Neutral
$116.36M-11.46-65.73%19.64%
46
Neutral
$155.29M-1.15-123.07%3.91%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IFRX
InflaRx
1.77
0.93
110.71%
ORMP
Oramed Pharm
4.32
2.38
122.34%
ATRA
Atara Biotherapeutics
8.54
-2.84
-24.96%
ANIX
Anixa Biosciences
3.41
0.31
10.00%
CLNN
Clene
5.38
1.72
46.99%
ABOS
Acumen Pharmaceuticals
2.24
0.84
60.00%

InflaRx Corporate Events

InflaRx Moves to Broaden AAV Strategy in Europe After EMA Setback for Tavneos
Jun 30, 2026
On June 30, 2026, InflaRx said it is reviewing how to broaden its development and registration strategy for ANCA-associated vasculitis (AAV) in Europe. The move follows the June 26, 2026 recommendation by the EMA’s human medicines committee ...
InflaRx Raises $150 Million in Underwritten Share Offering Filed in Early May 2026
May 7, 2026
On May 6, 2026, InflaRx N.V. signed an underwriting agreement with Guggenheim Securities for an underwritten public offering of 75 million ordinary shares at $2.00 per share, which closed on May 7, 2026. The transaction, conducted under the compan...
InflaRx Refocuses Izicopan on Vasculitis and Renal Diseases With Funding Runway to 2029
May 6, 2026
On May 6, 2026, InflaRx announced a strategic focus on developing its oral C5a receptor inhibitor izicopan for ANCA-associated vasculitis, a life-threatening kidney disorder, with Phase 2 planning under way and multiple development paths being eva...
InflaRx Files Q1 2026 Financials with SEC via Form 6-K
May 6, 2026
InflaRx N.V. has filed a Form 6-K with the U.S. Securities and Exchange Commission for May 2026, incorporating its latest unaudited condensed consolidated financial statements and management’s discussion and analysis for the quarter ended Ma...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 30, 2026