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NRIX Overview

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0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
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ET
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Intellectia

Loading chart...

High
17.130
Open
17.040
VWAP
16.78
Vol
888.16K
Mkt Cap
1.73B
Low
16.520
Amount
14.90M
EV/EBITDA(TTM)
--
Total Shares
103.41M
EV
1.21B
EV/OCF(TTM)
--
P/S(TTM)
22.06
Nurix Therapeutics, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on the discovery, development and commercialization of targeted protein degradation medicines, which is aimed at improving treatment options for patients with cancer and inflammatory diseases. Its wholly owned, clinical-stage pipeline includes three investigational drug candidates: NX-5948, a highly selective degrader of Bruton’s tyrosine kinase (BTK); NX-2127, a dual degrader of BTK and transcription factors IKZF1(Ikaros) and IKZF3 (Aiolos); and NX-1607, an inhibitor of Casitas B-lineage lymphoma proto-oncogene B (CBL-B), an E3 ligase that regulates activation of multiple immune cell types including T cells and NK cells. The Company is also advancing multiple degraders and degrader antibody conjugates (DACs) in its preclinical pipeline. Its partnered drug discovery pipeline consists of preclinical stage degraders of IRAK4 and STAT6, as well as multiple additional programs.
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Events Timeline

(ET)
2026-04-08
16:10:00
Major Averages Surge on U.S.-Iran Ceasefire Announcement
select
2026-04-08
12:10:00
Major Averages Surge on U.S.-Iran Ceasefire Announcement
select
2026-04-08
06:10:00
Nurix Reports Q1 Revenue of $6.3M
select
2026-01-28 (ET)
2026-01-28
16:50:00
Nurix Reports Q4 Revenue of $13.6M, Exceeds Consensus
select

News

NASDAQ.COM
9.5
04-08NASDAQ.COM
Nurix Therapeutics Reports Q1 Loss and Revenue Decline
  • Widening Net Loss: Nurix Therapeutics reported a net loss of $87.2 million for Q1, translating to a loss of $0.79 per share, which is a significant increase from last year's loss of $56.4 million or $0.67 per share, indicating a deterioration in the company's financial health.
  • Significant Revenue Decline: The company's revenue for the first quarter was $6.3 million, a sharp drop from $18.5 million a year ago, primarily due to decreased revenue from its collaboration with Sanofi, reflecting the direct impact of the conclusion of the initial research phase on income.
  • Stable Cash Reserves: As of February 28, 2026, Nurix held $540.7 million in cash, cash equivalents, and marketable securities, indicating that despite the losses, the company maintains a relatively strong liquidity position to support future R&D activities.
  • Stock Price Volatility: In pre-market trading on Nasdaq, Nurix shares fell by 3.06% to $15.85, reflecting a negative investor reaction to the earnings report, which could impact the company's future financing capabilities and market confidence.
seekingalpha
9.5
04-08seekingalpha
Nurix Therapeutics Q1 Earnings Miss Expectations
  • Disappointing Earnings: Nurix Therapeutics reported a Q1 GAAP EPS of -$0.79, missing expectations by $0.02, indicating ongoing pressure on profitability that could undermine investor confidence.
  • Significant Revenue Decline: The company generated $6.25M in revenue, a 66.1% year-over-year decrease, falling short of the anticipated $7.99M, reflecting a notable weakness in product sales and market demand that may lead to tighter cash flow in the future.
  • Decreased Cash Reserves: As of February 28, 2026, cash, cash equivalents, and marketable securities stood at $540.7M, down from $592.9M on November 30, 2025, highlighting challenges in financial management that could impact R&D and operational capabilities.
  • Uncertain Market Outlook: Although the company showcased potential growth opportunities at the J.P. Morgan Healthcare Conference, the current financial performance and market reactions may limit future investment appeal, necessitating cautious risk assessment by investors.
Newsfilter
9.0
04-08Newsfilter
Nurix Advances Bexobrutideg Trials for CLL Treatment
  • Clinical Trial Progress: Nurix's ongoing DAYBreak CLL-201 Phase 2 trial aims to support Accelerated Approval for relapsed/refractory chronic lymphocytic leukemia (r/r CLL), currently enrolling patients to address significant unmet medical needs in this area.
  • Future Plans: Nurix plans to initiate the DAYBreak CLL-306 Phase 3 global randomized confirmatory trial by mid-2026, comparing the efficacy of bexobrutideg against the recently approved non-covalent inhibitor pirtobrutinib, further advancing its application in r/r CLL.
  • Financial Position: As of February 28, 2026, Nurix reported $540.7 million in cash and cash equivalents, although revenue decreased from $18.5 million in 2025 to $6.3 million, indicating ongoing investment in R&D despite financial challenges.
  • Increased R&D Spending: The R&D expenses for Q1 2026 reached $84.1 million, up from $69.7 million in Q1 2025, primarily driven by accelerated patient enrollment for bexobrutideg and preparations for Phase 3 trials, reflecting the company's commitment to its product pipeline.
moomoo
9.5
04-08moomoo
NURIX THERAPEUTICS ANNOUNCES FINANCIAL RESULTS FOR FIRST QUARTER 2026 AND SHARES COMPANY UPDATE
  • Financial Results: NURIX Therapeutics reported its financial results for the first quarter of 2026, detailing revenue and expenses.

  • Corporate Update: The report includes a corporate update, highlighting recent developments and strategic initiatives within the company.

CNBC
6.5
04-01CNBC
Small-Cap Stocks Set for Spring Surge, Oppenheimer Says
  • Alumis Outperformance: Oppenheimer identifies Alumis as a top small-cap stock, having more than doubled in 2026, reflecting strong market demand, with a price target of $55 indicating nearly 150% upside from Tuesday's close.
  • Success of Envudeucitinib: Alumis's recent successful trials of its envudeucitinib drug for plaque psoriasis have bolstered analyst Jeff Jones's confidence, highlighting its biologic-like efficacy and favorable safety profile compared to first-generation alternatives.
  • Optimistic Outlook for Nurix Therapeutics: Despite an 18% decline year-to-date, analyst Matthew Biegler maintains a $28 price target for Nurix, representing an 80% upside from Tuesday's close, driven by the potential of its cancer and autoimmune disease drug portfolio.
  • Growth Potential of DigitalOcean: Oppenheimer views DigitalOcean as a turnaround story, with analyst Param Singh setting a $100 price target, suggesting over 16% upside from Tuesday's close, noting increasing customer demand for its AI infrastructure services.
Fool
8.5
02-22Fool
Redmile Group Acquires Additional Shares of Nurix Therapeutics
  • Share Acquisition: On February 17, 2026, Redmile Group disclosed the purchase of 4,415,514 shares of Nurix Therapeutics, valued at approximately $63.43 million based on the average price from Q4 2025, indicating sustained confidence in the company.
  • Increased Ownership: Following this acquisition, Redmile's stake in Nurix now represents 11.31% of its $1.358 billion in 13F reportable AUM, highlighting its significant commitment to the biopharmaceutical sector.
  • Financial Overview: As of February 17, 2026, Nurix's stock price stood at $15.64, down 6.52% year-over-year and trailing the S&P 500 by 23 percentage points, reflecting market caution regarding its future growth prospects.
  • R&D Progress and Challenges: Nurix ended fiscal 2025 with $592.9 million in cash and marketable securities, while generating $84 million in revenue, yet incurring $316.9 million in R&D expenses, indicating a capital-intensive strategy amidst accelerated clinical program development.
Wall Street analysts forecast NRIX stock price to rise
13 Analyst Rating
Wall Street analysts forecast NRIX stock price to rise
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
22.00
Averages
31.08
High
41.00
Current: 0.000
sliders
Low
22.00
Averages
31.08
High
41.00
Wells Fargo
Overweight
downgrade
$29 -> $28
AI Analysis
2026-04-09
Reason
Wells Fargo
Price Target
$29 -> $28
AI Analysis
2026-04-09
downgrade
Overweight
Reason
Wells Fargo lowered the firm's price target on Nurix Therapeutics to $28 from $29 and keeps an Overweight rating on the shares. While management continues to execute on bexdeg's chronic lymphocytic leukemia trials with some modest updates expected at EHA, the firm believes bexdeg's opportunity in immunology and inflammation remains underappreciated. Wells sees data from ONC's BTKdeg BGB-16673 for chronic spontaneous urticaria in the first half of 2026 as a potential upside catalyst.
Stifel
Buy
maintain
$35 -> $34
2026-04-08
Reason
Stifel
Price Target
$35 -> $34
2026-04-08
maintain
Buy
Reason
Stifel lowered the firm's price target on Nurix Therapeutics to $34 from $35 and keeps a Buy rating on the shares after the company reported a GAAP net loss that was wider than the firm's and consensus estimates, primarily driven by the recognition of lower-than-expected collaborative revenue. Registrational bexobrutideg development plans in CLL continue to progress, with patient enrollment into the Phase 2 DAYBreak CLL-201 trial ongoing and initiation of the confirmatory Phase 3 DAYBreak CLL-306 now anticipated to begin enrolling patients in mid-2026, the analyst noted.
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Valuation Metrics

The current forward P/E ratio for Nurix Therapeutics Inc (NRIX.O) is 0.00, compared to its 5-year average forward P/E of -5.22. For a more detailed relative valuation and DCF analysis to assess Nurix Therapeutics 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
-5.22
Current PE
0.00
Overvalued PE
-2.53
Undervalued PE
-7.91

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
-3.29
Current EV/EBITDA
-1.50
Overvalued EV/EBITDA
-0.76
Undervalued EV/EBITDA
-5.83

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
5Y Average PS
16.86
Current PS
22.05
Overvalued PS
26.56
Undervalued PS
7.16

Financials

AI Analysis
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Whales Holding NRIX

C
Commodore Capital LP
Holding
NRIX
+32.74%
3M Return
W
Wiener Städtische Wechselseitige Versicherungsverein - Vermögensverwaltung - Vienna Insurance Group
Holding
NRIX
+13.41%
3M Return
P
Perceptive Advisors LLC
Holding
NRIX
+12.83%
3M Return
V
Vestal Point Capital, LP
Holding
NRIX
+12.47%
3M Return
B
Braidwell LP
Holding
NRIX
+12.09%
3M Return
L
Logos Global Management, L.P.
Holding
NRIX
+11.12%
3M Return

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Frequently Asked Questions

What is Nurix Therapeutics Inc (NRIX) stock price today?

The current price of NRIX is 16.69 USD — it has decreased -1.65

What is Nurix Therapeutics Inc (NRIX)'s business?

Nurix Therapeutics, Inc. is a clinical-stage biopharmaceutical company. The Company is focused on the discovery, development and commercialization of targeted protein degradation medicines, which is aimed at improving treatment options for patients with cancer and inflammatory diseases. Its wholly owned, clinical-stage pipeline includes three investigational drug candidates: NX-5948, a highly selective degrader of Bruton’s tyrosine kinase (BTK); NX-2127, a dual degrader of BTK and transcription factors IKZF1(Ikaros) and IKZF3 (Aiolos); and NX-1607, an inhibitor of Casitas B-lineage lymphoma proto-oncogene B (CBL-B), an E3 ligase that regulates activation of multiple immune cell types including T cells and NK cells. The Company is also advancing multiple degraders and degrader antibody conjugates (DACs) in its preclinical pipeline. Its partnered drug discovery pipeline consists of preclinical stage degraders of IRAK4 and STAT6, as well as multiple additional programs.

What is the price predicton of NRIX Stock?

Wall Street analysts forecast NRIX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NRIX is31.08 USD with a low forecast of 22.00 USD and a high forecast of 41.00 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 Nurix Therapeutics Inc (NRIX)'s revenue for the last quarter?

Nurix Therapeutics Inc revenue for the last quarter amounts to 6.25M USD, decreased -66.12

What is Nurix Therapeutics Inc (NRIX)'s earnings per share (EPS) for the last quarter?

Nurix Therapeutics Inc. EPS for the last quarter amounts to -0.79 USD, increased 17.91

How many employees does Nurix Therapeutics Inc (NRIX). have?

Nurix Therapeutics Inc (NRIX) has 317 emplpoyees as of April 17 2026.

What is Nurix Therapeutics Inc (NRIX) market cap?

Today NRIX has the market capitalization of 1.73B USD.