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Home › Stocks › Incannex Healthcare Inc. (IXHL) Stock Forecast & Price Prediction Australia | NASDAQ | Healthcare | Drug Manufacturers - Specialty & Generic
$0.22
+0.02 (7.92%)10 Quality Stocks Worth Considering Now
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IXHL has shown a year-to-date change of -89.6% and a 1-year change of -92.1%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for IXHL. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for IXHL.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Dec 8, 2022 | Mizuho | Neutral | Maintains | $0.00 | |
Nov 16, 2022 | Keybanc | Sector Weight | Downgrade | $0.00 | |
Nov 3, 2022 | Mizuho | Neutral | Downgrade | $0.00 | |
Nov 3, 2022 | Raymond James | Outperform | Maintains | $0.00 | |
Nov 3, 2022 | RBC Capital | Outperform | Maintains | $0.00 | |
Nov 3, 2022 | Barclays | Overweight | Maintains | $0.00 | |
Nov 3, 2022 | Truist Securities | Hold | Downgrade | $0.00 | |
Oct 24, 2022 | Keybanc | Overweight | Maintains | $0.00 | |
Oct 24, 2022 | Truist Securities | Buy | Maintains | $0.00 | |
Oct 24, 2022 | RBC Capital | Outperform | Maintains | $0.00 | |
Oct 24, 2022 | Morgan Stanley | Equal-Weight | Maintains | $0.00 | |
Oct 21, 2022 | Needham | Hold | Downgrade | $0.00 | |
Oct 17, 2022 | Mizuho | Buy | Maintains | $0.00 | |
Oct 11, 2022 | Canaccord Genuity | Buy | Initiates | $0.00 | |
Sep 23, 2022 | BTIG | Neutral | Initiates | $0.00 | |
Aug 4, 2022 | Needham | Buy | Maintains | $0.00 | |
Aug 4, 2022 | Mizuho | Buy | Maintains | $0.00 | |
Aug 4, 2022 | Raymond James | Outperform | Maintains | $0.00 | |
Aug 4, 2022 | Morgan Stanley | Equal-Weight | Maintains | $0.00 | |
Aug 1, 2022 | RBC Capital | Outperform | Maintains | $0.00 |
The following stocks are similar to Incannex Healthcare based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Incannex Healthcare Inc. has a market capitalization of $5.95M with a P/E ratio of -0.2x. The company generates $98,000 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is -100.0% quarter-over-quarter, while maintaining an operating margin of -33,733.3% and return on equity of -240.0%.
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Develops medicinal cannabis and psychedelic therapies.
The company focuses on research and commercialization of innovative treatments that combine cannabinoids and psychedelics for various medical conditions. It generates revenue through the development of therapeutic products aimed at addressing issues like anxiety, pain, and sleep disorders, leveraging partnerships with universities and research institutions for validation.
Incannex Healthcare operates within the rapidly growing alternative therapeutics sector, benefiting from global shifts toward legalization and acceptance of medicinal cannabis and psychedelics. The company's efforts not only aim to provide new treatment options but also to shift perceptions around traditional medical therapies.
Healthcare
Drug Manufacturers - Specialty & Generic
9
Mr. Joel Bradley Latham
Australia
2022
The company raised $12.5 million through an At-The-Market (ATM) offering to bolster shareholder position in anticipation of Phase 2 data for IHL-42X.
The $12.5M raised via ATM signals confidence in upcoming Phase 2 data for IHL-42X, potentially enhancing shareholder value and impacting stock performance.
Incannex Healthcare (Nasdaq: IXHL) reported fiscal Q2 results for the period ending March 31, 2025, highlighting progress in the IHL-42X development program.
Incannex's fiscal results and progress on the IHL-42X program signal potential growth and innovation, influencing investor sentiment and stock performance in the biopharmaceutical sector.
Incannex Healthcare Inc (IXHL) shares rose 876% to 83 cents after completing patient dosing in the Phase 2 portion of its RePOSA trial for the OSA treatment IHL-42X.
The 876% surge in Incannex Healthcare's shares reflects strong investor confidence following successful trial progress, signaling potential market value and future revenue from IHL-42X.
Patient dosing is finished in the Phase 2 of the Phase 2/3 RePOSA study for IHL-42X, an oral treatment for OSA. Follow-up assessments are expected to conclude by May 17, 2025.
Completion of patient dosing signals progress in drug development for OSA, potentially impacting future revenues and stock performance based on trial outcomes.
Incannex Healthcare Inc. has entered agreements with Series A Warrants holders, allowing a potential reduction of up to 50.4% in common stock shares tied to these warrants.
Incannex's agreements to reduce shares underlying Series A Warrants can decrease dilution risk, potentially enhancing shareholder value and improving stock price stability.
Incannex Healthcare has completed Phase 2 patient enrollment for its Phase 2/3 RePOSA study of IHL-42X, aimed at treating Obstructive Sleep Apnea.
Completion of Phase 2 enrollment in the IHL-42X study signals advancement in drug development, potentially boosting Incannex's valuation and market position if successful.
Analyst forecasts for Incannex Healthcare Inc. (IXHL) are not currently available. The stock is trading at $0.22.
Analyst ratings for IXHL are not currently available. The stock is currently trading at $0.22. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for IXHL are not currently available. The stock is trading at $0.22.
The company focuses on research and commercialization of innovative treatments that combine cannabinoids and psychedelics for various medical conditions. It generates revenue through the development of therapeutic products aimed at addressing issues like anxiety, pain, and sleep disorders, leveraging partnerships with universities and research institutions for validation.
Price targets from Wall Street analysts for IXHL are not currently available. The stock is trading at $0.22.
Price targets from Wall Street analysts for IXHL are not currently available. The stock is trading at $0.22.
Analyst ratings for IXHL are not currently available. The stock is trading at $0.22.
Stock price projections, including those for Incannex Healthcare Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.