Nurix Therapeutics (NRIX)
NASDAQ:NRIX
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Nurix Therapeutics
(NASDAQ:NRIX)
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Rating:46Neutral
Price Target:
$15.50
▼(-11.48% Downside)
Action:Reiterated
Date:05/16/26
The score is primarily weighed down by weak financial performance (declining revenue, large losses, and substantial cash burn), only partially offset by a low-leverage balance sheet. Technical signals are neutral with limited momentum, and valuation metrics offer little support given the negative P/E and no dividend yield data.
Positive Factors
Low leverage / strong balance sheet
Relatively low debt and a sizable equity base provide durable financial flexibility for a clinical-stage biotech. This reduces short-term solvency risk, helps fund multi-year clinical programs, and gives management optionality to time financings or partnerships without immediate refinancing pressure.
Negative Factors
Heavy cash burn
Sustained large negative operating cash flow signals structural cash consumption to advance trials and platform work. Continued high burn demands recurring external funding, raises dilution risk, and forces management to allocate resources tightly, constraining long-term strategic optionality if financing conditions tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Relatively low debt and a sizable equity base provide durable financial flexibility for a clinical-stage biotech. This reduces short-term solvency risk, helps fund multi-year clinical programs, and gives management optionality to time financings or partnerships without immediate refinancing pressure.
Read all positive factors
Nurix Therapeutics Key Performance Indicators (KPIs)
Any
Revenue by Segment
Breaks down revenue by different business segments, highlighting which areas are driving growth and which may need strategic adjustments. This insight helps assess the company's diversification and focus.
Breaks down revenue by different business segments, highlighting which areas are driving growth and which may need strategic adjustments. This insight helps assess the company's diversification and focus.
Data provided by:
The Fly
The FlyNurix Therapeutics (NRIX) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.64B
Dividend YieldN/A
Average Volume (3M)1.30M
Price to Earnings (P/E)―
Beta (1Y)1.46
Revenue Growth27.23%
EPS Growth-12.53%
CountryUS
Employees286
SectorHealthcare
Sector Strength45
IndustryBiotechnology
Share Statistics
EPS (TTM)-3.16
Shares Outstanding103,405,815
10 Day Avg. Volume1,346,574
30 Day Avg. Volume1,295,840
Financial Highlights & Ratios
PEG Ratio-0.94
Price to Book (P/B)2.72
Price to Sales (P/S)17.45
P/FCF Ratio-5.56
Enterprise Value/Market Cap0.83
Enterprise Value/Revenue18.97
Enterprise Value/Gross Profit-13.60
Enterprise Value/Ebitda-4.71
Forecast
1Y Price Target
$30.43Price Target Upside73.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)-2.95
Revenue Forecast (FY)$55.53M
Nurix Therapeutics Business Overview & Revenue Model
Company Description
Nurix Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of small molecule therapies for the treatment of cancer and immune disorders. The company develops NX-2127, an orally available Bru...
How the Company Makes Money
Nurix primarily generates revenue through collaboration and licensing arrangements with pharmaceutical partners rather than from product sales (it is clinical-stage and does not have sustained commercial product revenue). Under these agreements, N...
Nurix Therapeutics Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
62
Positive
Cash Flow
27
Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 71.78M | 83.98M | 54.55M | 76.99M | 38.63M | 29.75M |
| Gross Profit | -100.08M | 65.12M | -167.08M | -112.16M | -145.87M | -86.68M |
| EBITDA | -288.95M | -244.84M | -205.01M | -148.93M | -179.72M | -115.90M |
| Net Income | -295.28M | -264.46M | -193.57M | -143.95M | -180.36M | -117.19M |
Balance Sheet | ||||||
| Total Assets | 636.13M | 688.13M | 669.34M | 355.60M | 416.76M | 476.77M |
| Cash, Cash Equivalents and Short-Term Investments | 540.73M | 592.94M | 609.58M | 287.91M | 309.14M | 295.72M |
| Total Debt | 58.66M | 55.73M | 28.30M | 30.61M | 11.96M | 13.04M |
| Total Liabilities | 155.24M | 149.39M | 142.35M | 155.10M | 113.06M | 134.47M |
| Stockholders Equity | 480.89M | 538.75M | 526.99M | 200.49M | 303.70M | 342.30M |
Cash Flow | ||||||
| Free Cash Flow | -271.85M | -263.47M | -181.86M | -89.77M | -172.05M | -90.03M |
| Operating Cash Flow | -260.29M | -249.47M | -172.58M | -81.36M | -159.81M | -84.36M |
| Investing Cash Flow | -1.51M | 147.85M | -257.71M | 68.30M | 27.20M | -108.25M |
| Financing Cash Flow | 257.14M | 238.64M | 485.67M | 3.22M | 117.19M | 153.88M |
Nurix Therapeutics Technical Analysis
Positive
17.51
Price Trends
15.72
Positive
17.04
Positive
13.89
Positive
Market Momentum
0.34
Negative
64.22
Neutral
84.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NRIX, the sentiment is Positive. The current price of 17.51 is above the 20-day moving average (MA) of 15.69, above the 50-day MA of 15.72, and above the 200-day MA of 13.89, indicating a bullish trend. The MACD of 0.34 indicates Negative momentum. The RSI at 64.22 is Neutral, neither overbought nor oversold. The STOCH value of 84.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NRIX.
Nurix Therapeutics Risk Analysis
Nurix Therapeutics disclosed 81 risk factors in its most recent earnings report. Nurix Therapeutics 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
Nurix Therapeutics Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | $1.48B | -2.63 | -53.31% | ― | 213.96% | 25.74% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
51 Neutral | $2.34B | -6.10 | -43.94% | ― | 39.04% | 29.88% | |
49 Neutral | $585.85M | -2.94 | -14.25% | ― | -79.06% | -397.92% | |
46 Neutral | $1.64B | -5.04 | -64.21% | ― | 27.23% | -12.53% |
* Healthcare Sector Average
NRIX
Nurix Therapeutics
15.86
6.35
66.72%
ARVN
Arvinas Holding Company
9.08
2.55
39.05%
VIR
Vir Biotechnology
8.79
4.15
89.44%
RLAY
Relay Therapeutics
12.20
9.27
316.38%
Nurix Therapeutics Corporate Events
Executive/Board ChangesShareholder Meetings
Nurix Therapeutics Shareholders Back Directors and Governance Proposals
Positive
May 15, 2026
On May 15, 2026, Nurix Therapeutics, Inc. held its 2026 Annual Meeting of Stockholders via live webcast, with approximately 80.98% of eligible voting power represented, ensuring a quorum for corporate decision-making. Stockholders voted on directo...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Nurix Therapeutics Expands ATM Equity Offering Capacity
Positive
Mar 6, 2026
On March 6, 2026, Nurix Therapeutics amended its existing equity distribution agreement with Piper Sandler, allowing the biotech company to offer and sell up to $413.65 million of its common stock through at-the-market offerings. The total include...
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.