Lexicon Pharmaceuticals Inc

Lexicon Pharmaceuticals Inc Stock Forecast & Price Prediction

Live Lexicon Pharmaceuticals Inc Stock (LXRX) Price
$1.7

7

Ratings

  • Buy 4
  • Hold 3
  • 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

$1.7

P/E Ratio

-2.18

Volume Traded Today

$1.3M

Dividend

Dividends not available for LXRX

52 Week High/low

3.73/0.92

Lexicon Pharmaceuticals Inc Market Cap

$621.8M

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LXRX Summary

The Lexicon Pharmaceuticals Inc (LXRX) share price is expected to increase by 264.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered LXRX. Price targets range from $2 at the low end to $10 at the high end. The current analyst consensus for LXRX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

LXRX Analyst Ratings

LXRX is a stock in Health Care which has been forecasted to be worth $6.2 as an average. On the higher end, the forecast price is $10 USD by Yasmeen Rahimi from Piper Sandler and on the lower end LXRX is forecasted to be $2 by from .

LXRX stock forecast by analyst

These are the latest 20 analyst ratings of LXRX.

Analyst/Firm

Rating

Price Target

Change

Date

Joseph Pantginis
HC Wainwright & Co.

Buy

$10

Reiterates

Aug 21, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$10

Reiterates

Aug 13, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$10

Reiterates

Aug 2, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$10

Reiterates

Jul 16, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$10

Reiterates

Jun 24, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$10

Reiterates

Jun 21, 2024
Joseph Pantginis
HC Wainwright & Co.

Buy

$10

Initiates

Jun 17, 2024
Joseph Stringer
Needham

Hold


Reiterates

May 3, 2024

Leerink Partners

Outperform

$5

Initiates

Apr 30, 2024
Joseph Stringer
Needham

Hold


Reiterates

Apr 23, 2024
Joseph Stringer
Needham

Hold


Reiterates

Apr 11, 2024
Yigal Nochomovitz
Citigroup

Buy

$8

Maintains

May 31, 2023
Joseph Stringer
Needham

Hold


Maintains

May 30, 2023
Andrew Tsai
Jefferies

Hold

$3

Initiates

Mar 7, 2023

Citigroup

Buy


Maintains

Nov 22, 2022
Yasmeen Rahimi
Piper Sandler

Overweight

$10

Initiates

Aug 12, 2022
Yigal Nochomovitz
Citigroup

Buy

$20

Maintains

Jul 1, 2022

JP Morgan

Neutral


Upgrade

Jan 29, 2021
Liana Moussatos
Wedbush

Neutral

$8

Downgrade

Jan 29, 2021
Yigal Nochomovitz
Citigroup

Buy

$6

Upgrade

Dec 8, 2020

LXRX Company Information

  • Company Type: Biopharmaceutical company
  • Focus: Discovery, development, and commercialization of pharmaceutical products
  • Key Products:
    • Sotagliflozin - Completed Phase III trials for heart failure and type 1 diabetes
    • LX9211 - In Phase II trials for neuropathic pain
    • LX2761 - In Phase I trials for gastrointestinal tract issues
  • Strategic Collaborations: Agreements with Bristol-Myers Squibb Company and Genentech, Inc.
  • Incorporation: Founded in 1995
  • Headquarters: The Woodlands, Texas
LXRX
Lexicon Pharmaceuticals Inc (LXRX)

When did it IPO

N/A

Staff Count

285

Country

United States

Sector/Industry

Healthcare/Biotechnology

CEO

Dr. Michael Exton Ph.D.

Market Cap

$621.8M

Lexicon Pharmaceuticals Inc (LXRX) Financial Data

In 2023, LXRX generated $1.2M in revenue, which was a increase of 766.19% from the previous year. This can be seen as a signal that LXRX'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

$24.0M

Revenue From 2021

$298,000

-98.76 %
From Previous Year

Revenue From 2022

$139,000

-53.36 %
From Previous Year

Revenue From 2023

$1.2M

766.19 %
From Previous Year
  • Revenue TTM $3.6M
  • Operating Margin TTM -3,360.9%
  • Gross profit TTM $1.1M
  • Return on assets TTM -35.7%
  • Return on equity TTM -94.8%
  • Profit Margin 92.9%
  • Book Value Per Share 0.66%
  • Market capitalisation $621.8M
  • Revenue for 2021 $298,000
  • Revenue for 2022 $139,000
  • Revenue for 2023 $1.2M
  • EPS this year (TTM) $-0.78

Lexicon Pharmaceuticals Inc (LXRX) Latest News

News Image

Fri, 03 Nov 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - THE WOODLANDS, Texas, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) will release its third quarter 2023 financial results on Wednesday, November 8th, 2023 before the markets open. Management will conduct a conference call and live webcast at 8:00 a.m. ET (7:00 a.m. CT) that day to discuss the financial results and to provide a business update.

News Image

Thu, 02 Nov 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Cost-effectiveness data and analyses of financial impact among patients hospitalized for heart failure and treated with INPEFA included as important data selected for presentation

News Image

Wed, 01 Nov 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - As previously reported, Express Scripts has also determined that it will list INPEFA as a preferred product on Medicare national formularies starting today, November 1, 2023

News Image

Tue, 31 Oct 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Matthew Cullen Joins as Vice President of Value and Access Lisa DeFrancesco Joins as Head of Investor Relations and Corporate Strategy THE WOODLANDS, Texas, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced that Matthew Cullen is joining the company as vice president of value and access, effective November 1, 2023, and Lisa DeFrancesco will join asu00a0head of investor relations and corporate strategy, effective November 13, 2023. Mr. Cullen brings Lexicon more than 35 years of industry experience in market access and sales leadership.

News Image

Mon, 30 Oct 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Presentations from four Lexicon-sponsored studies will highlight data supporting current and potential future use of sotagliflozin

News Image

Tue, 17 Oct 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Abstracts for cost-effectiveness data and budget-impact model published in the Journal of Managed Care & Specialty Pharmacy (JMCP)

...

LXRX Frequently asked questions

The highest forecasted price for LXRX is $10 from Yasmeen Rahimi at Piper Sandler.

The lowest forecasted price for LXRX is $2 from from

The LXRX analyst ratings consensus are 4 buy ratings, 3 hold ratings, and 0 sell ratings.