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TENX Overview

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0.000(0.000%)Aft-market
ET
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0.000
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0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
15.250
Open
14.740
VWAP
14.50
Vol
835.60K
Mkt Cap
251.43M
Low
13.620
Amount
12.11M
EV/EBITDA(TTM)
--
Total Shares
17.20M
EV
153.86M
EV/OCF(TTM)
--
P/S(TTM)
--
Tenax Therapeutics, Inc. is a Phase 3 development-stage pharmaceutical company. The Company is focused on identifying, developing, and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical needs. The Company's products include TNX-201 (oral enteric-coated imatinib) and TNX-103 (oral levosimendan). The Company is developing dosing and a formulation of imatinib mesylate, a kinase inhibitor for the treatment of pulmonary arterial hypertension (PAH). The Company’s other programs include TNX-101 and TNX-102. Levosimendan is a calcium sensitizer/K-ATP activator developed for intravenous use in hospitalized patients with acutely decompensated heart failure. The Company has completed the Phase II trial of levosimendan in patients with PH and heart failure with preserved ejection fraction (HFpEF).
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Events Timeline

(ET)
2026-03-10
07:10:00
Tenax Therapeutics Achieves 230 Patient Randomization Target in LEVEL Study
select
2025-12-17 (ET)
2025-12-17
09:30:00
Tenax Therapeutics LEVEL Trial Shows Over 90% Power to Detect 25m Change
select
2025-11-12 (ET)
2025-11-12
17:19:56
Tenax Therapeutics announces Q3 earnings per share of 40 cents, falling short of consensus estimate of $1.12
select
2025-09-16 (ET)
2025-09-16
07:06:29
Tenax reveals EPO's plan to approve patent for levosimendan in PH-HFpEF
select

News

seekingalpha
9.5
03-10seekingalpha
PinnedTenax Therapeutics Q4 Earnings Beat Expectations
  • Earnings Performance: Tenax Therapeutics reported a Q4 GAAP EPS of -$0.38, beating expectations by $0.03, indicating a slight improvement in financial performance that may boost investor confidence.
  • Cash Reserves Status: As of December 31, 2025, Tenax's cash and cash equivalents stood at $97.6 million, which is expected to fund the company's operations through 2027, ensuring the continuity of its R&D projects.
  • Future Potential Outlook: Despite the current negative earnings, Tenax is viewed as a speculative buy due to improving clinical trial results, which could lead to a higher valuation for the company.
  • Market Evaluation: Seeking Alpha's quant rating on Tenax Therapeutics reflects market interest in its future developments, prompting investors to closely monitor the company's performance in upcoming quarters and its impact on stock price.
NASDAQ.COM
4.0
2025-12-21NASDAQ.COM
Tenax Therapeutics (TENX) Price Target Raised by 12.22% to 25.76
  • Price Target Update: The average one-year price target for Tenax Therapeutics (NasdaqCM:TENX) has been revised to $25.76 per share, reflecting a 12.22% increase from the previous estimate of $22.95, with a potential range between $20.20 and $31.50 per share.

  • Fund Sentiment: There are currently 48 funds reporting positions in Tenax Therapeutics, marking a 20% increase in ownership over the last quarter, with total shares owned by institutions rising by 109.94% to 4,753K shares.

  • Significant Shareholder Activity: Ikarian Capital and Boothbay Fund Management both increased their holdings by 100%, while VR Adviser raised its stake by 77.48%, indicating strong interest from institutional investors.

  • Fintel Overview: Fintel provides comprehensive investment research tools, including fundamentals, analyst reports, and ownership data, aimed at individual investors and small hedge funds to enhance their trading strategies.

Newsfilter
2.0
2025-12-17Newsfilter
Tenax Initiates Global LEVEL-2 Study, Enrollment Expected by 2027
  • Trial Design Confirmation: Tenax Therapeutics' LEVEL study underwent a Blinded Sample Size Re-estimation, demonstrating over 90% statistical power to detect a 25-meter change in 6-minute walk distance, which bolsters confidence in the company's drug development in heart failure.
  • Enrollment Progress: The LEVEL study is expected to complete enrollment in the first half of 2026, indicating smooth clinical trial progress in cardiopulmonary therapies, allowing timely access to critical data to support further development.
  • New Study Initiation: The LEVEL-2 study has been initiated, aiming to enroll approximately 540 patients, with completion expected by the end of 2027, which will provide crucial data to support the market potential of TNX-103.
  • Long-term Study Plan: Tenax will also conduct a long-term open-label extension study to ensure participants continue receiving TNX-103 after trial completion, enhancing patient reliance on the company's product.
Globenewswire
2.0
2025-12-17Globenewswire
Tenax Initiates Global LEVEL-2 Study, Enrollment Expected by 2027
  • Trial Design Optimization: The blinded sample size re-estimation of the LEVEL study indicates a power exceeding 90% to detect changes in 6-minute walk distance, which instills confidence for subsequent clinical trials while confirming the unchanged target enrollment.
  • Enrollment Timeline: The LEVEL study is expected to complete enrollment in the first half of 2026, while the LEVEL-2 study plans to enroll approximately 540 patients by the end of 2027, demonstrating the company's ongoing commitment to heart disease treatment.
  • Global Expansion: The LEVEL-2 study has selected over 100 clinical trial sites across 15 countries, aiming to enhance enrollment efficiency through rigorous patient assessment methods, thereby accelerating the development of new therapies.
  • Long-term Research Plans: Tenax also plans to initiate a long-term open-label extension study, providing continued access to TNX-103 for patients enrolled in levosimendan clinical trials, ensuring treatment availability post-study completion.
Yahoo Finance
9.5
2025-11-12Yahoo Finance
Tenax Therapeutics: Overview of Q3 Earnings
  • Company Performance: Tenax Therapeutics Inc. reported a loss of $15.8 million in its third quarter, equating to a loss of 40 cents per share.

  • Market Expectations: The reported loss was better than Wall Street expectations, which anticipated a loss of $1.33 per share according to analysts surveyed by Zacks Investment Research.

Yahoo Finance
9.5
2025-08-13Yahoo Finance
Tenax Therapeutics: Q2 Earnings Snapshot
  • Financial Performance: Tenax Therapeutics Inc. reported a loss of $10.8 million in its second quarter, equating to 27 cents per share.

  • Market Expectations: The company's results exceeded Wall Street expectations, which anticipated a larger loss of 50 cents per share according to analysts from Zacks Investment Research.

Wall Street analysts forecast TENX stock price to rise
4 Analyst Rating
Wall Street analysts forecast TENX stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
20.00
Averages
25.00
High
30.00
Current: 0.000
sliders
Low
20.00
Averages
25.00
High
30.00
Guggenheim
NULL -> Buy
maintain
$14 -> $25
AI Analysis
2025-12-17
Reason
Guggenheim
Price Target
$14 -> $25
AI Analysis
2025-12-17
maintain
NULL -> Buy
Reason
Guggenheim raised the firm's price target on Tenax Therapeutics to $25 from $14 and keeps a Buy rating on the shares. The firm is reiterating Tenax as a Top Pick for 2026 as it nears its first pivotal readout for oral levosimendan in pulmonary hypertension caused by heart failure with preserved ejection fraction in the second half of next year, the analyst tells investors.
Piper Sandler
Yasmeen Rahimi
Overweight
initiated
$20
2025-09-08
Reason
Piper Sandler
Yasmeen Rahimi
Price Target
$20
2025-09-08
initiated
Overweight
Reason
Piper Sandler analyst Yasmeen Rahimi initiated coverage of Tenax Therapeutics with an Overweight rating and $20 price target. The company is s developing TNX-103 in pulmonary hypertension associated with heart failure with preserved ejection fraction with the Phase 3 LEVEL readout expected in the second half of 2026, the analyst tells investors in a research note. The firm believes Tenax is \"flying under the radar\" despite having the potential win approval in a high unmet need indication.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for TENX
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Valuation Metrics

The current forward P/E ratio for Tenax Therapeutics Inc (TENX.O) is -6.48, compared to its 5-year average forward P/E of -1.87. For a more detailed relative valuation and DCF analysis to assess Tenax 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
-1.87
Current PE
-6.48
Overvalued PE
-0.34
Undervalued PE
-3.40

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
-0.01
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.20
Undervalued EV/EBITDA
-0.23

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
0.42
Current PS
0.00
Overvalued PS
1.73
Undervalued PS
-0.89

Financials

AI Analysis
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Whales Holding TENX

V
Vivo Capital, LLC
Holding
TENX
+6.93%
3M Return
B
BVF Partners L.P.
Holding
TENX
+4.20%
3M Return

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Frequently Asked Questions

What is Tenax Therapeutics Inc (TENX) stock price today?

The current price of TENX is 14.62 USD — it has increased 0.76

What is Tenax Therapeutics Inc (TENX)'s business?

Tenax Therapeutics, Inc. is a Phase 3 development-stage pharmaceutical company. The Company is focused on identifying, developing, and commercializing products that address cardiovascular and pulmonary diseases with high unmet medical needs. The Company's products include TNX-201 (oral enteric-coated imatinib) and TNX-103 (oral levosimendan). The Company is developing dosing and a formulation of imatinib mesylate, a kinase inhibitor for the treatment of pulmonary arterial hypertension (PAH). The Company’s other programs include TNX-101 and TNX-102. Levosimendan is a calcium sensitizer/K-ATP activator developed for intravenous use in hospitalized patients with acutely decompensated heart failure. The Company has completed the Phase II trial of levosimendan in patients with PH and heart failure with preserved ejection fraction (HFpEF).

What is the price predicton of TENX Stock?

Wall Street analysts forecast TENX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TENX is25.00 USD with a low forecast of 20.00 USD and a high forecast of 30.00 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 Tenax Therapeutics Inc (TENX)'s revenue for the last quarter?

Tenax Therapeutics Inc revenue for the last quarter amounts to -16.81M USD, increased 263.85

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

Tenax Therapeutics Inc. EPS for the last quarter amounts to USD, decreased -100.00

How many employees does Tenax Therapeutics Inc (TENX). have?

Tenax Therapeutics Inc (TENX) has 14 emplpoyees as of March 12 2026.

What is Tenax Therapeutics Inc (TENX) market cap?

Today TENX has the market capitalization of 251.43M USD.