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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

Loading chart...

High
4.150
Open
4.080
VWAP
4.02
Vol
778.38K
Mkt Cap
166.51M
Low
3.950
Amount
3.13M
EV/EBITDA(TTM)
--
Total Shares
41.94M
EV
137.12M
EV/OCF(TTM)
--
P/S(TTM)
--
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)
2026-06-02
16:10:00
NRx Pharmaceuticals Plans Underwritten Public Offering
select
2026-05-21 (ET)
2026-05-21
11:30:00
Enveric Biosciences Reports Q1 Earnings with Cash Balance of Approximately $10.3M
select
2026-05-14 (ET)
2026-05-14
11:20:00
GH Research Reports Q1 Loss of 26 Cents, Cash at $267.3M
select
2026-05-07 (ET)
2026-05-07
10:00:00
NRx Pharmaceuticals Receives FDA Clearance to Initiate NRX-101 Clinical Trial
select
2026-05-05 (ET)
2026-05-05
09:30:00
NRx Pharmaceuticals Initiates First Commercial Order for Preservative-Free Ketamine
select

News

Newsfilter
8.5
06-05Newsfilter
NRx Pharmaceuticals Presents Efficacy of IV Ketamine for Depression Treatment
  • Significant Findings: Among 8,224 patients treated with IV ketamine, 34% achieved remission compared to only 26% in the 1,830 patients treated with intranasal esketamine, indicating a clear efficacy advantage for IV ketamine.
  • Clinical Data Support: The study revealed a response rate of 63% for IV ketamine patients versus 58% for those on intranasal esketamine, suggesting that IV ketamine may offer superior treatment responses in clinical settings, potentially influencing future treatment decisions.
  • Policy Context Impact: This research underscores the importance of Real World Evidence (RWE) in drug approvals for depression, aligning with recent White House Executive Orders and Congressional appropriations language, which may facilitate market access for related medications.
  • Future Outlook: NRx Pharmaceuticals' CEO expressed anticipation for results from larger confirmatory studies, which will provide stronger support for the clinical application of IV ketamine and further advance the company's strategic development in mental health.
Newsfilter
8.5
06-04Newsfilter
NRx Pharmaceuticals Closes $22.3 Million Public Offering
  • Successful Offering: NRx Pharmaceuticals has successfully closed a public offering raising approximately $22.3 million at a price of $3.50 per share, reflecting market confidence in its future growth, with proceeds earmarked for operational support and expansion.
  • Clear Use of Funds: The net proceeds from the offering will be utilized for working capital and general corporate purposes, aimed at advancing the company's research and development efforts in therapeutics for central nervous system disorders, particularly for suicidal depression.
  • Leadership Remarks: CEO Jonathan Javitt expressed gratitude to investors for their trust and emphasized the company's commitment to developing lifesaving drugs, especially in light of the alarming statistic that an American dies by suicide every 11 minutes.
  • Regulatory Compliance: The offering was conducted under an effective registration statement approved by the SEC on December 22, 2025, ensuring the company's compliance within legal frameworks, thereby enhancing investor confidence in its transparency and legitimacy.
NASDAQ.COM
4.5
06-03NASDAQ.COM
Biotech Stocks Pre-Market Trading Insights
  • Significant Pre-Market Gains: Picard Medical, Inc. (PMI) surged 34% to $0.36 in pre-market trading, indicating strong investor interest likely driven by positive clinical trial updates, which may attract further investment.
  • Other Gaining Stocks: Connect Biopharma Holdings Limited (CNTB) rose 14% to $2.44, while LifeVantage Corporation (LFVN) increased 10% to $9.46, suggesting an improving investor sentiment in the biotech sector that could enhance overall industry performance.
  • Pre-Market Decliners: TransCode Therapeutics, Inc. (RNAZ) fell 22% to $4.13, reflecting negative market reactions to recent news, which may lead investors to reassess its future prospects.
  • Market Sentiment Impact: The overall pre-market trading indicates volatility in biotech stocks, prompting investors to closely monitor clinical trial results and corporate developments to make more informed investment decisions.
seekingalpha
8.5
06-03seekingalpha
NRx Pharmaceuticals Announces Pricing of Public Offering
  • Public Offering Pricing: NRx Pharmaceuticals announced the pricing of 5.71 million shares at $3.50 each, with gross proceeds expected to be around $20 million, indicating the company's ability to raise capital in the market.
  • Underwriter Option: The company granted underwriters a 30-day option to purchase an additional 857,142 shares, a strategy that could enhance the offering size and bolster market confidence.
  • Use of Proceeds: The net proceeds from this offering will be allocated for working capital and general corporate purposes, aimed at supporting the company's ongoing growth and operational expansion, reflecting a proactive stance towards future development.
  • Closing Timeline: The public offering is expected to close on June 4, 2026, marking a significant step in the company's capital market activities and strategic execution.
NASDAQ.COM
8.5
06-03NASDAQ.COM
NRx Pharmaceuticals Proposes Underwritten Public Offering
  • Public Offering Announcement: NRx Pharmaceuticals has proposed an underwritten public offering of common stock at a par value of $0.001 per share, which is expected to provide working capital and general corporate purposes; however, this announcement led to a 22% drop in share price during overnight trading.
  • Underwriter Option: The underwriters will be granted a 30-day option to purchase an additional 15% of the common stock sold in the offering, a strategy aimed at enhancing market acceptance and liquidity of the issuance.
  • Drug Development Progress: NRx is developing NRX-100, a preservative-free intravenous ketamine candidate that has received Fast Track designation from the FDA for treating suicidal ideation in depression and bipolar depression, indicating its potential in the mental health sector.
  • Market Reaction: NRXP closed at $4.62 on Tuesday, but shares fell to $3.58 in the overnight market, reflecting a 22.51% decline, which indicates investor concerns regarding the offering and uncertainty about the company's future prospects.
seekingalpha
8.5
06-02seekingalpha
NRx Pharmaceuticals Plans Underwritten Public Offering of Common Stock
  • Public Offering Announcement: NRx Pharmaceuticals has announced plans for an underwritten public offering of common stock, with the underwriter granted a 30-day option to purchase up to an additional 15% of shares, indicating the company's intent to raise capital in the market.
  • Use of Proceeds: The proceeds from this offering are intended for working capital and general corporate purposes, highlighting the company's strategy to enhance financial flexibility in the current market environment to support future growth.
  • Underwriting Team: BTIG is acting as the lead bookrunner, with Lucid Capital Markets serving as the joint bookrunning manager, reflecting the company's professionalism and market confidence in selecting its underwriters.
  • Cautious Market Reaction: Analysts have rated NRx Pharmaceuticals as a 'Sell' due to failures with ZYESAMI and NRX-101 and uncertainties in the depression market, which may negatively impact the company's stock price.
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
Lucid Capital
NULL
to
Buy
initiated
$49
AI Analysis
2026-05-13
Reason
Lucid Capital
Price Target
$49
AI Analysis
2026-05-13
initiated
NULL
to
Buy
Reason
Lucid Capital initiated coverage of NRx Pharmaceuticals with a Buy rating and $49 price target. The company is about to enter the $1.5B North American ketamine market with a proprietary generic and a branded formulation, the analyst tells investors in a research note. The firm says NRx has developed a preservative-free formulation of ketamine with a potential shelf-life of three years.
D. Boral Capital
Jason Kolbert
Buy
maintain
$34
2026-04-20
Reason
D. Boral Capital
Jason Kolbert
Price Target
$34
2026-04-20
maintain
Buy
Reason
D. Boral Capital analyst Jason Kolbert says NRx Pharmaceuticals is advancing a ketamine-based therapeutic strategy at a time when U.S. policy toward psychedelic drugs is \"undergoing a meaningful shift.\" While ketamine is not classified as a traditional psychedelic, its mechanistic overlap and positioning within the broader neuropsychiatric landscape \"places it squarely within the current policy debate,\" the analyst tells investors in a research note. D. Boral says recent White House actions aimed at accelerating research and access to psychedelic therapies could represent an incremental tailwind for companies like NRx. The firm has a Buy rating on the shares with a $34 price target.
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Valuation Metrics

The current forward P/E ratio for NRX Pharmaceuticals Inc (NRXP.O) is 34.25, compared to its 5-year average forward P/E of 4.80. 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
4.80
Current PE
34.25
Overvalued PE
31.52
Undervalued PE
-21.92

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
0.48
Current EV/EBITDA
-0.18
Overvalued EV/EBITDA
5.26
Undervalued EV/EBITDA
-4.29

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
0.22
Current PS
0.85
Overvalued PS
0.58
Undervalued PS
-0.14

Financials

AI Analysis
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Frequently Asked Questions

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

The current price of NRXP is 3.97 USD — it has decreased -0.25

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 1.07M 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 -0.04 USD, decreased -88.24

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

NRX Pharmaceuticals Inc (NRXP) has 29 emplpoyees as of June 20 2026.

What is NRX Pharmaceuticals Inc (NRXP) market cap?

Today NRXP has the market capitalization of 166.51M USD.