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IXHL Overview

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0.000(0.000%)
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ET
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ET
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Intellectia

Loading chart...

High
6.463
Open
5.080
VWAP
5.84
Vol
898.42K
Mkt Cap
71.31M
Low
5.080
Amount
5.25M
EV/EBITDA(TTM)
--
Total Shares
11.94M
EV
-9.06M
EV/OCF(TTM)
--
P/S(TTM)
--
Incannex Healthcare Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing combination medicines that target the underlying biological pathways associated with chronic conditions, including obstructive sleep apnoea, rheumatoid arthritis, and generalized anxiety disorder. Its lead clinical program, IHL-42X, is an oral fixed-dose combination of dronabinol and acetazolamide designed to target underlying mechanisms and act synergistically in the treatment of obstructive sleep apnoea. IHL-42X has completed a Phase II clinical trial. PSX-001 is a synthetic psilocybin treatment for the treatment of generalized anxiety disorder. PSX-001 has completed a Phase II clinical trial. IHL-675A is an oral fixed-dose combination of cannabidiol and hydroxychloroquine sulfate designed to act synergistically to alleviate inflammatory conditions, such as rheumatoid arthritis. IHL-675A is in a Phase II clinical development program.
Show More

Events Timeline

(ET)
2026-02-25
09:30:00
Incannex Healthcare Approves 1-for-30 Reverse Stock Split
select
2026-01-29 (ET)
2026-01-29
08:20:00
Incannex Healthcare Appoints Three Clinical Advisors
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2026-01-22 (ET)
2026-01-22
08:20:00
Incannex Healthcare Forms Clinical Advisory Board to Support PSX-001 Development
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2026-01-14 (ET)
2026-01-14
08:10:00
Incannex Healthcare 2025 Year in Review and 2026 Outlook
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2025-12-03 (ET)
2025-12-03
08:10:00
Incannex Healthcare's IHL-42X Receives FDA Fast Track Designation
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2025-10-30 (ET)
2025-10-30
08:20:08
Incannex Shares Update with Shareholders, Outlining Priorities for 2025
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2025-10-22 (ET)
2025-10-22
08:04:18
Nasdaq awards Incannex a 180-day extension to achieve compliance
select

News

stocktwits
8.5
05:10 AMstocktwits
PinnedIncannex Implements Reverse Stock Split to Support Compliance
  • Reverse Stock Split: Incannex executed a 1-for-30 reverse stock split on February 26, reducing outstanding shares from 358 million to approximately 11.9 million, which is expected to enhance per-share price and investor confidence as the company aims to meet Nasdaq compliance requirements.
  • Regulatory Progress: The company's lead sleep apnea drug, IHL-42X, received Fast Track designation from the FDA in December, following positive Phase 2 RePOSA study results that demonstrated up to an 83% reduction in breathing interruptions, potentially accelerating its clinical development and market acceptance.
  • Strong Financial Position: Incannex reported over $70 million in cash at the beginning of 2026, providing a solid operating runway into 2027, which supports its clinical pipeline and reflects positively on investor confidence following two successful Phase 2 clinical readouts in 2025.
  • Bullish Market Sentiment: On Stocktwits, retail sentiment for IXHL is bullish with high message volume, as users express intentions to increase their positions ahead of the Nasdaq compliance window, indicating strong anticipation for significant news announcements.
seekingalpha
8.5
02-25seekingalpha
Incannex Healthcare to Implement 1-for-30 Reverse Stock Split
  • Reverse Stock Split Announcement: Incannex Healthcare has announced a 1-for-30 reverse stock split effective February 26, 2026, aimed at increasing its per-share trading price to comply with Nasdaq's minimum bid price requirement for continued listing.
  • Share Count Reduction: The reverse split will reduce the outstanding shares from approximately 358.3 million as of February 20, 2026, to about 11.9 million, while the total authorized share count will remain unchanged, significantly enhancing the per-share value.
  • Trading Timeline: The split-adjusted shares are expected to begin trading on the Nasdaq Capital Market on February 27, 2026, under the existing ticker symbol “IXHL,” which may help boost market visibility and investor interest in the company.
  • Market Reaction: Following the announcement of the reverse split, IXHL's stock price fell by 37.73% to $0.1706, indicating market concerns regarding the company's current financial health, which could impact investor confidence.
stocktwits
8.5
02-25stocktwits
Incannex Healthcare Announces 1-for-30 Reverse Stock Split
  • Reverse Split Decision: Incannex Healthcare's board approved a 1-for-30 reverse stock split, previously sanctioned by shareholders on May 27, 2025, aimed at boosting share price to meet Nasdaq listing requirements.
  • Legal Effect Timing: The reverse split will take legal effect at 4:01 p.m. ET on February 26, 2026, which is expected to impact the company's stock liquidity and potentially attract more investor interest.
  • Trading Change Notification: Following the reverse split, Incannex common shares will begin trading on the Nasdaq Capital Market under a new CUSIP number, 45333F 208, on February 27, while retaining the ticker symbol ‘IXHL’, ensuring easy identification for investors.
  • Stock Price Reaction: Following the announcement of the reverse split, Incannex stock tumbled over 32% on Wednesday morning, reflecting a negative market reaction to the decision that could affect the company's future financing capabilities and market confidence.
Newsfilter
8.5
02-25Newsfilter
Incannex Approves 1-for-30 Reverse Stock Split
  • Reverse Split Approval: Incannex Healthcare Inc.'s board has approved a 1-for-30 reverse stock split aimed at increasing the per-share trading price to meet Nasdaq's minimum bid price requirement, thereby ensuring the company's continued listing on the exchange.
  • Shareholder Meeting Endorsement: The reverse split plan was approved at a special shareholder meeting on May 27, 2025, and is set to take effect at 4:01 PM ET on February 26, 2026, marking a significant adjustment in the company's capital market strategy.
  • Change in Share Count: Post-split, the number of outstanding shares will decrease from approximately 358,329,368 to about 11,944,313, while the total authorized shares will remain unchanged, impacting the ownership structure of the company.
  • Shareholder Rights Protection: For shareholders holding fractional shares, the reverse split will automatically adjust their holdings to whole shares, ensuring that no shareholder suffers a loss due to the split ratio, reflecting the company's commitment to protecting shareholder interests.
moomoo
2.0
02-25moomoo
INCANNEX HEALTHCARE INC - AUTHORIZES 1-FOR-30 REVERSE STOCK SPLIT
  • Company Announcement: Incannex Healthcare has approved a 1-for-30 reverse stock split.
  • Impact on Shares: The reverse stock split is intended to increase the company's share price and improve its marketability.
moomoo
2.0
02-25moomoo
INCANNEX DECLARES REVERSE STOCK SPLIT
  • Announcement of Reverse Stock Split: Incannex Healthcare has announced a reverse stock split to consolidate its shares, aimed at increasing the share price and improving market perception.

  • Rationale Behind the Decision: The reverse stock split is intended to enhance the company's ability to attract institutional investors and comply with stock exchange listing requirements.

  • Impact on Shareholders: Shareholders will see their number of shares reduced, but the overall value of their holdings should remain the same post-split.

  • Future Plans: The company plans to use the improved share price to facilitate future capital raising efforts and support its growth strategy.

Valuation Metrics

The current forward P/E ratio for Incannex Healthcare Inc (IXHL.O) is -5.40, compared to its 5-year average forward P/E of -203.69. For a more detailed relative valuation and DCF analysis to assess Incannex Healthcare Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-203.69
Current PE
-5.40
Overvalued PE
210.20
Undervalued PE
-617.58

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-0.68
Current EV/EBITDA
-4.29
Overvalued EV/EBITDA
0.81
Undervalued EV/EBITDA
-2.18

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
23738.52
Current PS
0.00
Overvalued PS
59486.49
Undervalued PS
-12009.45

Financials

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Whales Holding IXHL

L
L1 Capital Pty. Limited
Holding
IXHL
+19.59%
3M Return

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Frequently Asked Questions

What is Incannex Healthcare Inc (IXHL) stock price today?

The current price of IXHL is 5.97 USD — it has increased 19.16

What is Incannex Healthcare Inc (IXHL)'s business?

Incannex Healthcare Inc. is a clinical-stage biopharmaceutical company. The Company is engaged in developing combination medicines that target the underlying biological pathways associated with chronic conditions, including obstructive sleep apnoea, rheumatoid arthritis, and generalized anxiety disorder. Its lead clinical program, IHL-42X, is an oral fixed-dose combination of dronabinol and acetazolamide designed to target underlying mechanisms and act synergistically in the treatment of obstructive sleep apnoea. IHL-42X has completed a Phase II clinical trial. PSX-001 is a synthetic psilocybin treatment for the treatment of generalized anxiety disorder. PSX-001 has completed a Phase II clinical trial. IHL-675A is an oral fixed-dose combination of cannabidiol and hydroxychloroquine sulfate designed to act synergistically to alleviate inflammatory conditions, such as rheumatoid arthritis. IHL-675A is in a Phase II clinical development program.

What is the price predicton of IXHL Stock?

Wall Street analysts forecast IXHL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for IXHL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Incannex Healthcare Inc (IXHL)'s revenue for the last quarter?

Incannex Healthcare Inc revenue for the last quarter amounts to 0.00 USD, decreased -100.00

What is Incannex Healthcare Inc (IXHL)'s earnings per share (EPS) for the last quarter?

Incannex Healthcare Inc. EPS for the last quarter amounts to -0.02 USD, decreased -93.94

How many employees does Incannex Healthcare Inc (IXHL). have?

Incannex Healthcare Inc (IXHL) has 12 emplpoyees as of March 12 2026.

What is Incannex Healthcare Inc (IXHL) market cap?

Today IXHL has the market capitalization of 71.31M USD.