Anixa Biosciences Inc

Anixa Biosciences Inc Stock Forecast & Price Prediction

Live Anixa Biosciences Inc Stock (ANIX) Price
$3.30

2

Ratings

  • Buy 2
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$3.30

P/E Ratio

-10.31

Volume Traded Today

$54,500

Dividend

Dividends not available for ANIX

52 Week High/low

5.13/2.15

Anixa Biosciences Inc Market Cap

$106.5M

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ANIX Summary

From what 2 stock analysts predict, the share price for Anixa Biosciences Inc (ANIX) might increase by 157.58% in the next year. This is based on a 12-month average estimation for ANIX. Price targets go from $7 to $10. The majority of stock analysts believe ANIX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ANIX Analyst Ratings

Anixa Biosciences Inc has a total of 2 Wall St Analyst ratings. There are 2 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Anixa Biosciences Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

ANIX stock forecast by analyst

These are the latest 20 analyst ratings of ANIX.

Analyst/Firm

Rating

Price Target

Change

Date

Jason Kolbert
D. Boral Capital

Buy

$10

Maintains

Nov 19, 2024
Yi Chen
HC Wainwright & Co.

Buy

$7

Reiterates

Nov 19, 2024
Jason Kolbert
D. Boral Capital

Buy

$10

Maintains

Nov 11, 2024
Jason Kolbert
EF Hutton

Buy

$10

Maintains

Sep 30, 2024
Jason Kolbert
EF Hutton

Buy

$10

Maintains

Sep 24, 2024
Yi Chen
HC Wainwright & Co.

Buy

$7

Reiterates

Sep 17, 2024
Jason Kolbert
EF Hutton

Buy

$10

Maintains

Sep 9, 2024
Jason Kolbert
EF Hutton

Buy

$10

Initiates

Aug 7, 2024
Yi Chen
HC Wainwright & Co.

Buy

$7

Reiterates

Jul 24, 2024
Yi Chen
HC Wainwright & Co.

Buy

$7

Maintains

Jun 10, 2024
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

Mar 21, 2024
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

Feb 13, 2024
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

Dec 7, 2023
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

Sep 18, 2023
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

Aug 29, 2023
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

Jul 28, 2023
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

Jul 12, 2023
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

Jun 19, 2023
Yi Chen
HC Wainwright & Co.

Buy

$12

Reiterates

May 23, 2023
Matthew Barcus
Chardan Capital

Buy

$9

Reiterates

Apr 18, 2023

ANIX Company Information

What They Do: Develops cancer treatment and prevention therapies.

Business Model: Anixa Biosciences operates as a clinical-stage biotechnology company, focusing on cancer immunotherapy and vaccine development. It collaborates with leading cancer research institutions to create innovative therapies, generating revenue through partnerships, grants, and potential future product sales.

Other Information: The company is advancing its portfolio with a unique CAR-T technology for ovarian cancer and vaccines aimed at preventing triple negative breast cancer and ovarian cancer. Anixa was incorporated in 1982 and rebranded from ITUS Corporation in 2018, and is headquartered in San Jose, California.
ANIX
Anixa Biosciences Inc (ANIX)

When did it IPO

1983

Staff Count

4

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Amit Kumar Ph.D.

Market Cap

$106.5M

Anixa Biosciences Inc (ANIX) Financial Data

In 2023, ANIX generated $210,000 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ANIX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$210,000

0.00 %
From Previous Year
  • Revenue TTM $210,000
  • Operating Margin TTM -5,243.3%
  • Gross profit TTM $49,000
  • Return on assets TTM -34.7%
  • Return on equity TTM -55.2%
  • Profit Margin 23.3%
  • Book Value Per Share 0.68%
  • Market capitalisation $106.5M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $210,000
  • EPS this year (TTM) $-0.39

Anixa Biosciences Inc (ANIX) Latest News

News Image

Fri, 22 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Anixa Biosciences, Inc. (NASDAQ: ANIX) has approved the purchase of Bitcoin as a treasury reserve asset, enhancing its asset diversification strategy.

Why It Matters - Anixa's decision to buy Bitcoin as a treasury reserve signals a shift towards digital assets, potentially enhancing liquidity and attracting interest from crypto-focused investors.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Anixa Biosciences has dosed its first patient in the third cohort of a Phase 1 trial for its CAR-T therapy for recurrent ovarian cancer, using a dose ten times higher than the first cohort.

Why It Matters - The increase in CAR positive cell dosage signals a potential enhancement in treatment efficacy, which could lead to positive trial results, impacting Anixa's stock performance and investor confidence.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Anixa Biosciences presented positive Phase 1 trial data for its breast cancer vaccine, showing over 70% immune response in patients. A Phase 2 study is set to begin in 2025.

Why It Matters - Positive trial results and upcoming Phase 2 study for Anixa's breast cancer vaccine indicate strong potential for market approval and revenue growth, influencing investor confidence and stock performance.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Anixa Biosciences (NASDAQ: ANIX) will present additional data from its Phase 1 breast cancer vaccine trial on November 8, 2024, at the SITC Annual Meeting, available on its website.

Why It Matters - The upcoming data release on Anixa's breast cancer vaccine could significantly impact investor sentiment and stock price, reflecting progress in a high-stakes biotech sector.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Anixa Biosciences, Inc. (NASDAQ: ANIX) will present at the Sidoti Micro-Cap Virtual Conference on November 13-14, 2024, focusing on cancer treatment and prevention.

Why It Matters - Anixa's presentation at a micro-cap conference may attract investor interest, potentially influencing stock performance and increasing visibility for its cancer-focused innovations.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Anixa Biosciences (NASDAQ: ANIX) will present additional Phase 1 clinical trial data for its breast cancer vaccine at the SITC Annual Meeting from November 6-10, 2024.

Why It Matters - Positive data from Anixa's breast cancer vaccine trial could enhance investor confidence, potentially driving stock price up, especially ahead of a major industry conference.

...

ANIX Frequently asked questions

The highest forecasted price for ANIX is $10 from Jason Kolbert at EF Hutton.

The lowest forecasted price for ANIX is $7 from Yi Chen from HC Wainwright & Co.

The ANIX analyst ratings consensus are 2 buy ratings, 0 hold ratings, and 0 sell ratings.