HC Wainwright & Co. Downgrades Adlai Nortye to Neutral
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2025
0mins
Should l Buy ANL?
Source: Benzinga
Real-time Trading Intelligence: Benzinga Pro offers the fastest and most accurate stock market news alerts to help traders succeed in their investments.
Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, benefiting from exclusive stories and insights generated by Benzinga reporters.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ANL?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ANL
Wall Street analysts forecast ANL stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 6.460
Low
11.00
Averages
11.00
High
11.00
Current: 6.460
Low
11.00
Averages
11.00
High
11.00
About ANL
Adlai Nortye Ltd. is a global clinical-stage biotechnology company. The Company is involved in the research and development of pharmaceutical products. It is a clinical-stage company focused on the development of targeted and immune-modulating cancer therapies. It is advancing an oncology pipeline, with Buparlisib (AN2025), a pan-phosphoinositide 3-kinase (PI3K) inhibitor, being evaluated in a registrational Phase three trial (NCT04338399) for patients with recurrent or metastatic head and neck squamous cell cancer (HNSCC) that has progressed after prior anti-programmed death-ligand 1 (PD-L1) treatment. It is also advancing multiple drug candidates, including AN4005, an oral small molecule PD-L1 inhibitor; AN8025, a multifunctional fusion protein acting as a T cell and antigen-presenting cell (APC) modulator; and AN9025, an oral small molecule pan-rat sarcoma virus (RAS) inhibitor and AN4035, a Carcinoembryonic Antigen-Related Cell Adhesion Molecule 5 (CEACAM5).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Adlai Nortye Shares Show Oversold Signal
- Oversold Indicator Analysis: Adlai Nortye Ltd (Ticker: ANL) hit an RSI of 27.9 during Monday's trading, indicating an oversold condition that suggests the recent heavy selling may be exhausting, prompting investors to consider buying opportunities.
- Price Fluctuation Details: ANL shares traded as low as $6.97, contrasting with a 52-week low of $0.8786 and a high of $12.0899, indicating significant volatility and reflecting drastic market sentiment changes.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 39.7, ANL's oversold status may attract bullish investors, encouraging them to evaluate potential entry points.
- Investor Sentiment Shift: Following recent pressures, ANL's oversold signal could indicate a shift in investor sentiment, and if market conditions improve, the stock price may rebound, presenting investment opportunities.
See More
Adlai Nortye Doses First Patient in AN9025 Clinical Trial
- Clinical Trial Launch: Adlai Nortye successfully dosed the first patient in the U.S. with AN9025, an oral pan-RAS inhibitor, marking a significant milestone in its clinical strategy and expected to drive innovation in cancer treatment.
- Multicenter Trial Design: The Phase 1 clinical trial is designed as a multicenter, open-label study to evaluate the safety and anti-tumor activity of AN9025 in patients with advanced or metastatic solid tumors, demonstrating the company's commitment to advancing cancer therapies globally.
- Partnership Collaboration: Adlai Nortye is conducting this multi-regional clinical trial in collaboration with Jiangsu Aosaikang Pharmaceutical Co. Ltd., securing market rights in mainland China, Hong Kong, and Macao, which enhances its strategic positioning and partnership capabilities in the Asia-Pacific region.
- R&D Potential: AN9025 has shown potent inhibition against pancreatic, lung, and colorectal adenocarcinomas, indicating its broad application potential in future cancer therapies, which could provide the company with significant competitive advantages in the market.
See More
Adlai Nortye Secures $140M Private Placement Financing
- Significant Financing: Adlai Nortye announced a $140 million private placement equity financing, selling approximately 64.6 million Class A ordinary shares at $2.1667 each, indicating strong market confidence in its innovative therapies.
- Key Investor Support: The placement includes about $55 million of Class A shares sold to entities controlled by Chairman and CEO Yang Lu, demonstrating the management's strong belief in the company's future growth.
- Positive Stock Reaction: Following the financing announcement, Adlai Nortye's stock price surged approximately 25% in pre-market trading on Tuesday, reflecting investor optimism about the company's prospects and potentially attracting further interest.
- Strategic Implications: Yang Lu noted that this financing attracted a high-quality group of healthcare investors to support Adlai Nortye's innovative and potentially best-in-class RAS-targeting therapies, further solidifying the company's market position in the biopharmaceutical sector.
See More
Xpeng Inc Reports Disappointing Delivery Numbers, Stock Drops
- Disappointing Delivery Numbers: Xpeng Inc reported delivering 20,011 vehicles in January 2026, a figure that, while substantial, fell short of market expectations, leading to a decline in investor confidence.
- Stock Price Reaction: Following the disappointing delivery results, Xpeng's stock dropped 5.6% in pre-market trading to $16.97, reflecting concerns about the company's future performance among investors.
- Overall Market Trend: U.S. stock futures were lower, with Dow futures falling around 100 points, indicating a cautious market sentiment that could further impact investor attitudes towards Xpeng.
- Industry Impact: The delivery figures from Xpeng may negatively affect overall confidence in the electric vehicle market, especially in an increasingly competitive landscape, prompting investors to reassess their strategies.
See More
SanDisk Reports Strong Q2 Results, Shares Surge
- Strong Earnings Report: SanDisk's second-quarter results exceeded expectations, leading to a 20.9% surge in pre-market trading, with shares reaching $652.00, indicating strong market confidence in its financial health.
- Optimistic Q3 Guidance: The company forecasts third-quarter revenue between $4.4 billion and $4.8 billion, with non-GAAP diluted earnings per share expected to be between $12 and $14, suggesting ongoing improvement in growth potential and profitability.
- Joint Venture Extension: SanDisk announced the extension of its joint venture with Japan's Kioxia Corp. until December 31, 2034, further solidifying their strategic partnership in storage technology and enhancing market competitiveness.
- Positive Market Reaction: The significant rise in stock price reflects investor optimism about the company's future prospects, which may also attract more institutional investors, thereby elevating the company's standing in the industry.
See More
Baidu Inc Proposes Spinoff of Kunlunxin H Shares, Stock Rises 12.3%
- Stock Surge: Baidu's announcement of a proposed spinoff of Kunlunxin (Beijing) Technology Co., Ltd. H shares for a separate listing on the Hong Kong Stock Exchange led to a 12.3% increase in its stock price to $146.69 in pre-market trading, indicating strong market enthusiasm for this strategic move.
- Spinoff Strategy: The spinoff aims to enhance Kunlunxin's independence and market valuation, which is expected to provide Baidu with more flexible capital operations and resource allocation, thereby strengthening its competitive position in the technology sector.
- Market Reaction: The spinoff news has sparked investor excitement, with the significant rise in Baidu's stock reflecting confidence in its future growth potential and likely attracting more institutional investors to its shares.
- Industry Impact: By pursuing this spinoff, Baidu can focus more on its core business while providing Kunlunxin with greater development space, which is anticipated to drive innovation and investment activity across the technology industry.
See More
Adlai Nortye Shares Show Oversold Signal
- Oversold Indicator Analysis: Adlai Nortye Ltd (Ticker: ANL) hit an RSI of 27.9 during Monday's trading, indicating an oversold condition that suggests the recent heavy selling may be exhausting, prompting investors to consider buying opportunities.
- Price Fluctuation Details: ANL shares traded as low as $6.97, contrasting with a 52-week low of $0.8786 and a high of $12.0899, indicating significant volatility and reflecting drastic market sentiment changes.
- Market Comparison: Compared to the S&P 500 ETF (SPY) with an RSI of 39.7, ANL's oversold status may attract bullish investors, encouraging them to evaluate potential entry points.
- Investor Sentiment Shift: Following recent pressures, ANL's oversold signal could indicate a shift in investor sentiment, and if market conditions improve, the stock price may rebound, presenting investment opportunities.
See More
Adlai Nortye Doses First Patient in AN9025 Clinical Trial
- Clinical Trial Launch: Adlai Nortye successfully dosed the first patient in the U.S. with AN9025, an oral pan-RAS inhibitor, marking a significant milestone in its clinical strategy and expected to drive innovation in cancer treatment.
- Multicenter Trial Design: The Phase 1 clinical trial is designed as a multicenter, open-label study to evaluate the safety and anti-tumor activity of AN9025 in patients with advanced or metastatic solid tumors, demonstrating the company's commitment to advancing cancer therapies globally.
- Partnership Collaboration: Adlai Nortye is conducting this multi-regional clinical trial in collaboration with Jiangsu Aosaikang Pharmaceutical Co. Ltd., securing market rights in mainland China, Hong Kong, and Macao, which enhances its strategic positioning and partnership capabilities in the Asia-Pacific region.
- R&D Potential: AN9025 has shown potent inhibition against pancreatic, lung, and colorectal adenocarcinomas, indicating its broad application potential in future cancer therapies, which could provide the company with significant competitive advantages in the market.
See More
Adlai Nortye Secures $140M Private Placement Financing
- Significant Financing: Adlai Nortye announced a $140 million private placement equity financing, selling approximately 64.6 million Class A ordinary shares at $2.1667 each, indicating strong market confidence in its innovative therapies.
- Key Investor Support: The placement includes about $55 million of Class A shares sold to entities controlled by Chairman and CEO Yang Lu, demonstrating the management's strong belief in the company's future growth.
- Positive Stock Reaction: Following the financing announcement, Adlai Nortye's stock price surged approximately 25% in pre-market trading on Tuesday, reflecting investor optimism about the company's prospects and potentially attracting further interest.
- Strategic Implications: Yang Lu noted that this financing attracted a high-quality group of healthcare investors to support Adlai Nortye's innovative and potentially best-in-class RAS-targeting therapies, further solidifying the company's market position in the biopharmaceutical sector.
See More
Xpeng Inc Reports Disappointing Delivery Numbers, Stock Drops
- Disappointing Delivery Numbers: Xpeng Inc reported delivering 20,011 vehicles in January 2026, a figure that, while substantial, fell short of market expectations, leading to a decline in investor confidence.
- Stock Price Reaction: Following the disappointing delivery results, Xpeng's stock dropped 5.6% in pre-market trading to $16.97, reflecting concerns about the company's future performance among investors.
- Overall Market Trend: U.S. stock futures were lower, with Dow futures falling around 100 points, indicating a cautious market sentiment that could further impact investor attitudes towards Xpeng.
- Industry Impact: The delivery figures from Xpeng may negatively affect overall confidence in the electric vehicle market, especially in an increasingly competitive landscape, prompting investors to reassess their strategies.
See More
SanDisk Reports Strong Q2 Results, Shares Surge
- Strong Earnings Report: SanDisk's second-quarter results exceeded expectations, leading to a 20.9% surge in pre-market trading, with shares reaching $652.00, indicating strong market confidence in its financial health.
- Optimistic Q3 Guidance: The company forecasts third-quarter revenue between $4.4 billion and $4.8 billion, with non-GAAP diluted earnings per share expected to be between $12 and $14, suggesting ongoing improvement in growth potential and profitability.
- Joint Venture Extension: SanDisk announced the extension of its joint venture with Japan's Kioxia Corp. until December 31, 2034, further solidifying their strategic partnership in storage technology and enhancing market competitiveness.
- Positive Market Reaction: The significant rise in stock price reflects investor optimism about the company's future prospects, which may also attract more institutional investors, thereby elevating the company's standing in the industry.
See More
Baidu Inc Proposes Spinoff of Kunlunxin H Shares, Stock Rises 12.3%
- Stock Surge: Baidu's announcement of a proposed spinoff of Kunlunxin (Beijing) Technology Co., Ltd. H shares for a separate listing on the Hong Kong Stock Exchange led to a 12.3% increase in its stock price to $146.69 in pre-market trading, indicating strong market enthusiasm for this strategic move.
- Spinoff Strategy: The spinoff aims to enhance Kunlunxin's independence and market valuation, which is expected to provide Baidu with more flexible capital operations and resource allocation, thereby strengthening its competitive position in the technology sector.
- Market Reaction: The spinoff news has sparked investor excitement, with the significant rise in Baidu's stock reflecting confidence in its future growth potential and likely attracting more institutional investors to its shares.
- Industry Impact: By pursuing this spinoff, Baidu can focus more on its core business while providing Kunlunxin with greater development space, which is anticipated to drive innovation and investment activity across the technology industry.
See More
