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NRXP Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
2.236
Open
2.180
VWAP
2.13
Vol
653.34K
Mkt Cap
69.11M
Low
2.060
Amount
1.39M
EV/EBITDA(TTM)
--
Total Shares
33.07M
EV
61.31M
EV/OCF(TTM)
--
P/S(TTM)
36.48
NRx Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company developing therapeutics based on its N-methyl-D-aspartate (NMDA) platform for the treatment of central nervous system disorders, specifically suicidal depression, chronic pain, and PTSD. It is developing NRX-100 (preservative-free intravenous ketamine) and NRX-101, (oral D-cycloserine/lurasidone). NRX-100 has been awarded Fast Track Designation for the treatment of Suicidal Ideation in Depression, including Bipolar Depression. NRX-101 has been awarded Breakthrough Therapy Designation for the treatment of suicidal bipolar depression. NRx has filed an Abbreviated New Drug Application (ANDA) and initiated a New Drug Application filing for NRX-100 (IV ketamine) with an application for the Commissioner’s National Priority Voucher Program for the treatment of suicidal depression. Its subsidiary, HOPE Therapeutics, Inc., is a healthcare delivery company that is building a network of interventional psychiatry clinics.
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Events Timeline

(ET)
2026-03-26
11:00:00
Compass Pathways Q4 Earnings Show Cash Sufficient Until 2028
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2026-03-17 (ET)
2026-03-17
07:20:00
NRx Pharmaceuticals Receives FDA Confirmation of No Bioequivalence Deficiencies
select
2026-03-16 (ET)
2026-03-16
07:20:00
NRx Pharmaceuticals Receives FDA Support for NRX-100 New Drug Application
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2026-03-09 (ET)
2026-03-09
07:20:00
HOPE Therapeutics Opens New Clinic in Palm Beach, FL
select
2026-03-02 (ET)
2026-03-02
07:20:00
NRx Pharmaceuticals Appoints Prof. Joshua Brown as Chief Medical Innovation Officer
select
2026-02-17 (ET)
2026-02-17
07:20:00
NRx Pharmaceuticals Completes FDA Meeting, Plans to File for NRX-100 New Drug Approval
select

News

Yahoo Finance
9.5
03-29Yahoo Finance
PinnedAnalysis of NRx Pharmaceuticals' Cash Burn and Market Outlook
  • Cash Burn Situation: As of December 2025, NRx Pharmaceuticals had cash reserves of $7.8 million and a cash burn of $14 million over the past year, indicating a cash runway of approximately seven months, although analysts expect the company to break even before then.
  • Increasing Cash Burn: The company's cash burn rate increased by 33% in the last year, suggesting that NRx Pharmaceuticals is ramping up investments in its business, which may shorten its cash runway but could also lay the groundwork for future growth.
  • Financing Capability Analysis: NRx Pharmaceuticals' cash burn represents 20% of its $72 million market capitalization, indicating that the company could raise additional funds to cover future cash burn without significant difficulty, albeit at the cost of some shareholder dilution.
  • Market Outlook: While the cash runway raises concerns, analysts forecast that NRx Pharmaceuticals will achieve breakeven soon, providing some reassurance to shareholders, although potential risk signals should still be monitored.
seekingalpha
9.5
03-24seekingalpha
NRx Pharmaceuticals Releases FY 2025 Financial Results
  • Financial Performance: NRx Pharmaceuticals reported a GAAP EPS of -$1.34 for FY 2025, with revenue at $1.23 million, indicating ongoing financial challenges and persistent pressure on profitability.
  • Cash Flow Status: As of December 31, 2025, the company had cash and cash equivalents of $7.8 million, reflecting liquidity issues that could impact future operations and R&D investments.
  • Working Capital Deficit: NRx Pharmaceuticals faces a working capital deficit of $19.7 million, highlighting significant difficulties in cash flow management that may restrict market expansion and product development capabilities.
  • Investor Concerns: With deteriorating financial conditions, investors and analysts are adopting a cautious outlook on NRx Pharmaceuticals' future, potentially leading to stock price volatility and declining market confidence.
seekingalpha
9.5
03-23seekingalpha
NRx Pharmaceuticals to Announce Q4 Earnings on March 24
  • Earnings Announcement Schedule: NRx Pharmaceuticals is set to release its Q4 earnings report on March 24 before market open, with investors keenly awaiting performance insights to gauge future growth potential.
  • Earnings Expectations Analysis: The consensus EPS estimate stands at $0.00, indicating a cautious investor sentiment regarding the company's profitability, reflecting low expectations for earnings growth.
  • Revenue Estimate Dynamics: The consensus revenue estimate is $7.53 million; however, over the past three months, there has been one downward revision with no upward adjustments, suggesting a lack of confidence in the company's revenue growth.
  • Revision Trend Observation: In terms of EPS estimates, there have been no upward revisions in the last three months, alongside one downward adjustment, indicating a conservative outlook from analysts on the company's profitability prospects, which may affect investor confidence.
NASDAQ.COM
9.0
03-17NASDAQ.COM
NRx Pharmaceuticals Receives Positive FDA Feedback
  • Positive FDA Feedback: NRx Pharmaceuticals' Abbreviated New Drug Application for its preservative-free ketamine product has not identified any bioequivalence deficiencies, indicating preliminary FDA approval that could enhance the company's competitive position in the mental health market.
  • Fast Track Designation: NRX-100 has received Fast Track designation from the FDA, focusing on treating suicidal ideation in depression, particularly bipolar depression, suggesting significant potential in a critical treatment area and possibly accelerating its market entry.
  • Stability Advantage: The product is expected to demonstrate up to three years of room-temperature stability and sterility, and it is the first ketamine formulation free of the known toxic preservative benzethonium chloride, which may attract patients with high safety concerns.
  • Patent Application Progress: NRx has filed patent applications related to the formulation, further protecting its intellectual property and enhancing market barriers, while laying a foundation for future commercialization and boosting investor confidence.
Newsfilter
8.5
03-17Newsfilter
NRx Receives FDA Confirmatory Meeting Minutes for NRX-100 Approval Path
  • FDA Support for NDA: NRx received confirmation from the FDA during a meeting that it is willing to support the New Drug Application for NRX-100 based on existing clinical trial data and real-world evidence from Osmind, with plans to submit by June 2026.
  • Clinical Trial Data Advantage: NRX-100 demonstrated significant superiority over placebo and electroconvulsive therapy in clinical trials, along with statistically significant reductions in suicidal ideation, indicating its potential in treating patients with severe depression.
  • No Additional Trials Required: The FDA confirmed that no further clinical or nonclinical data would be needed, significantly accelerating NRx's application process, reducing R&D costs, and enhancing the likelihood of market entry.
  • Huge Market Demand: According to CDC data, over 16 million Americans experience depression annually, with 3.6 million contemplating suicide, positioning NRX-100 to address this treatment gap and meet the urgent market need for effective antidepressants.
Newsfilter
8.5
02-17Newsfilter
NRx and FDA Meeting Advances New Drug Application for NRX-100
  • FDA Guidance Meeting: NRx held an in-person meeting with leaders from the FDA Division of Psychiatry Products and the Center for Drug Evaluation and Research, receiving oral guidance that clarifies a path for filing a New Drug Application for NRX-100, potentially accelerating the drug's market entry.
  • Clinical Data Support: NRx plans to leverage existing clinical trial data and Real World Evidence from over 65,000 patients to seek a broader indication for NRX-100, aiming to assist more patients with treatment-resistant depression, particularly those with suicidality, demonstrating the company's keen insight into patient needs.
  • No Additional Data Required: Preliminary feedback from the FDA indicates that no additional nonclinical data will be necessary for NRx's application, nor will bridging studies be required to support the preservative-free formulation, significantly reducing the complexity and timeline of the application process, thereby enhancing NRx's market competitiveness.
  • Strategic Collaboration Outlook: NRx's collaboration with the FDA will focus on finalizing the statistical analysis protocol, which is expected to further strengthen NRx's influence in the mental health space and lay the groundwork for future drug development, especially in meeting the needs of veterans and first responders.
Wall Street analysts forecast NRXP stock price to rise
3 Analyst Rating
Wall Street analysts forecast NRXP stock price to rise
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
25.00
Averages
37.67
High
48.00
Current: 0.000
sliders
Low
25.00
Averages
37.67
High
48.00
H.C. Wainwright
Buy
maintain
$40 -> $45
AI Analysis
2026-03-03
Reason
H.C. Wainwright
Price Target
$40 -> $45
AI Analysis
2026-03-03
maintain
Buy
Reason
H.C. Wainwright raised the firm's price target on NRx Pharmaceuticals to $45 from $40 and keeps a Buy rating on the shares. The firm says the type C FDA meeting "provides a clear" application pathway for NRX-100. This is "supported by real-world evidence and a broader proposed indication, significantly de-risking the program," the analyst tells investors in a research note. H.C. Wainwright expanded the addressable population for NRX-100 and increased its risk-adjusted NRX-100 valuation to $15 per share from $10.
Ascendiant
Buy
maintain
$47 -> $48
2026-01-02
Reason
Ascendiant
Price Target
$47 -> $48
2026-01-02
maintain
Buy
Reason
Ascendiant raised the firm's price target on NRx Pharmaceuticals to $48 from $47 and keeps a Buy rating on the shares following the Q3 report in November. The firm sees "major opportunities" for NRX-100 and NRX-101, which should both have FDA action dates in 2026. The firm sees these news events driving NRx shares in 2026.
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Valuation Metrics

The current forward P/E ratio for NRX Pharmaceuticals Inc (NRXP.O) is 184.51, compared to its 5-year average forward P/E of 4.17. For a more detailed relative valuation and DCF analysis to assess NRX Pharmaceuticals 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
4.17
Current PE
184.51
Overvalued PE
31.72
Undervalued PE
-23.38

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
0.53
Current EV/EBITDA
24.25
Overvalued EV/EBITDA
5.47
Undervalued EV/EBITDA
-4.41

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
0.19
Current PS
1.25
Overvalued PS
0.54
Undervalued PS
-0.17

Financials

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Frequently Asked Questions

What is NRX Pharmaceuticals Inc (NRXP) stock price today?

The current price of NRXP is 2.09 USD — it has decreased -4.57

What is NRX Pharmaceuticals Inc (NRXP)'s business?

NRx Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company developing therapeutics based on its N-methyl-D-aspartate (NMDA) platform for the treatment of central nervous system disorders, specifically suicidal depression, chronic pain, and PTSD. It is developing NRX-100 (preservative-free intravenous ketamine) and NRX-101, (oral D-cycloserine/lurasidone). NRX-100 has been awarded Fast Track Designation for the treatment of Suicidal Ideation in Depression, including Bipolar Depression. NRX-101 has been awarded Breakthrough Therapy Designation for the treatment of suicidal bipolar depression. NRx has filed an Abbreviated New Drug Application (ANDA) and initiated a New Drug Application filing for NRX-100 (IV ketamine) with an application for the Commissioner’s National Priority Voucher Program for the treatment of suicidal depression. Its subsidiary, HOPE Therapeutics, Inc., is a healthcare delivery company that is building a network of interventional psychiatry clinics.

What is the price predicton of NRXP Stock?

Wall Street analysts forecast NRXP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NRXP is37.67 USD with a low forecast of 25.00 USD and a high forecast of 48.00 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 NRX Pharmaceuticals Inc (NRXP)'s revenue for the last quarter?

NRX Pharmaceuticals Inc revenue for the last quarter amounts to 983.00K USD, decreased

What is NRX Pharmaceuticals Inc (NRXP)'s earnings per share (EPS) for the last quarter?

NRX Pharmaceuticals Inc. EPS for the last quarter amounts to 0.01 USD, decreased -101.35

How many employees does NRX Pharmaceuticals Inc (NRXP). have?

NRX Pharmaceuticals Inc (NRXP) has 29 emplpoyees as of March 31 2026.

What is NRX Pharmaceuticals Inc (NRXP) market cap?

Today NRXP has the market capitalization of 69.11M USD.