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TNXP Overview

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ET
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Intellectia

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High
12.670
Open
12.630
VWAP
12.36
Vol
421.77K
Mkt Cap
196.55M
Low
12.080
Amount
5.21M
EV/EBITDA(TTM)
--
Total Shares
15.94M
EV
11.08M
EV/OCF(TTM)
--
P/S(TTM)
7.34
Tonix Pharmaceuticals Holding Corp. is a biopharmaceutical company focused on developing and commercializing therapeutics to treat and vaccines to prevent, disease and alleviate suffering. Its development portfolio is focused on central nervous system (CNS) disorders. Its product candidates include TNX-102 SL, TNX-1300, TNX-2900, TNX-1900, TNX-1500, TNX-801, TNX-1800, TNX-4200, and TNX-1700. TNX-102 SL is for the management of fibromyalgia. Its CNS portfolio includes TNX-1300 (cocaine esterase), a biologic designed to treat cocaine intoxication that has a therapy designation. Its immunology development portfolio consists of biologics to address organ transplant rejection, autoimmunity and cancer, including TNX-1500, which is a humanized monoclonal antibody targeting CD40-ligand being developed for the prevention of allograft rejection and for the treatment of autoimmune diseases. It markets Zembrace SymTouch (sumatriptan injection) 3 mg and Tosymra (sumatriptan nasal spray) 10 mg.
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Events Timeline

(ET)
2026-05-27
07:20:00
Tonix Pharmaceuticals Publishes TNX-1500 Clinical Study Results
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2026-05-11 (ET)
2026-05-11
16:40:00
Tonix Pharmaceuticals Q1 Revenue Reaches $6.9M
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2026-05-11
16:40:00
Tonix Cash Decreases to $185.5 Million
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2026-05-06 (ET)
2026-05-06
09:20:00
Tonix Pharmaceuticals Partners with Purchasing Organization Covering 35M Lives
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2026-04-29 (ET)
2026-04-29
11:00:00
Tonix Pharmaceuticals Plans Phase 2 Study for Lyme Disease in 2027
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2026-04-15 (ET)
2026-04-15
07:20:00
Tonix Pharmaceuticals Publishes TNX-102 SL Study Results
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2026-03-31 (ET)
2026-03-31
07:20:00
Tonix Pharmaceuticals Presents Phase 1 Data of TNX-4800, Plans Phase 2 Study in 2027
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News

Newsfilter
8.5
05-28Newsfilter
Tonix Pharmaceuticals Presents Fibromyalgia Study Data at ASCP 2026
  • Current Drug Usage: In the 2023-2024 study, 40.2% of 261,776 fibromyalgia patients with Commercial or Medicare Advantage insurance were prescribed at least one opioid, indicating a persistent reliance on opioids despite existing guidelines discouraging their use.
  • Patient Demographics: The study revealed that the average age of fibromyalgia patients was 52.3 years, with 92.1% being female, and opioid use was highest among older age groups, reaching 43.1% in those aged 61-65, highlighting the urgent need for effective pain management in older patients.
  • Impact of New Drug Launch: Tonix's TONMYA®, launched in 2025, is the first new fibromyalgia drug approved in the U.S. in over 15 years, aiming to provide effective non-opioid treatment options that could transform patient care and reduce opioid dependence.
  • Significant Educational Need: The CEO of Tonix emphasized the gap between clinical practice and evidence-based recommendations, indicating an urgent need to educate healthcare providers about fibromyalgia and the availability of non-opioid medications to improve overall patient health outcomes.
Newsfilter
1.0
05-12Newsfilter
Tonix Pharmaceuticals to Participate in Upcoming Investor Conferences
  • Investor Conference Participation: Tonix Pharmaceuticals will participate in two investor conferences on May 19 and 20, 2026, led by CEO Dr. Seth Lederman, aimed at enhancing the company's visibility in the biotechnology sector.
  • Conference Details: The RBC Capital Markets Global Healthcare Conference will take place in New York on May 19, while the G.P. Annual Virtual Healthcare Conference will be held online on May 20, expected to attract significant investor interest.
  • Product Development Progress: Tonix's TONMYA® is the first new treatment for fibromyalgia in over 15 years, currently undergoing clinical trials to evaluate its potential in major depressive disorder and acute stress reactions, highlighting the company's strategic focus on addressing high unmet medical needs.
  • Advancement of Immunology Programs: The company is advancing immunology projects such as TNX-4800, a monoclonal antibody for Lyme disease prevention, and TNX-1500, a CD154/CD40 ligand inhibitor for preventing kidney transplant rejection, indicating Tonix's diversified strategic positioning in the biopharmaceutical field.
Newsfilter
8.5
05-11Newsfilter
Strong First Quarter Performance for TONMYA Post-Launch
  • Prescription Growth: In the first full quarter since the launch of TONMYA, 2,145 healthcare providers prescribed the medication, with 3,588 patients initiating treatment and approximately 5,400 prescriptions filled, indicating strong market acceptance and patient demand, which suggests potential market share growth in fibromyalgia treatment.
  • Strategic Partnership Expansion: In May 2026, the company signed an agreement with a leading group purchasing organization, providing access to TONMYA for approximately 35 million U.S. commercial lives, enhancing patient accessibility and expected to drive sales growth and brand recognition.
  • Clinical Research Plans: The company anticipates initiating an adaptive Phase 2 field study for TNX-4800, a novel monoclonal antibody for Lyme disease prevention, in the first half of 2027, pending FDA agreement, which could open new revenue streams if approved.
  • Strong Financial Position: As of March 31, 2026, the company reported approximately $185.5 million in cash and cash equivalents, and despite an increase in operational expenses to about $42.3 million, the $22.6 million raised through market financing will support future R&D and market expansion plans, ensuring ongoing operational capability in the competitive biotechnology sector.
stocktwits
8.5
05-06stocktwits
Tonmya Receives FDA Approval, New Option for Fibromyalgia Treatment
  • FDA Approval Milestone: Tonmya has become the first FDA-approved treatment for fibromyalgia in over 15 years, representing a significant advancement in non-opioid therapies for chronic pain management, which is expected to enhance patient quality of life.
  • Market Access Expansion: The new agreement with a major purchasing organization broadens Tonmya's coverage to approximately 35 million commercially insured patients in the U.S., significantly increasing the drug's market accessibility and likely driving revenue growth for the company.
  • Patient Support Commitment: Tonix is dedicated to improving patient access to Tonmya by engaging with commercial payers and offering a patient support program, addressing the dissatisfaction experienced by 85% of patients with first-line treatments due to efficacy and tolerability issues, thereby enhancing patient satisfaction.
  • Future Research Initiatives: Tonix is also advancing clinical trials for TNX-4800, with plans to have drug supplies ready by 2027, which is expected to provide new treatment options for Lyme disease prevention, further expanding the company's product portfolio.
seekingalpha
7.5
05-06seekingalpha
Tonix Pharmaceuticals Secures Coverage for Tonmya with GPO Agreement
  • Agreement Reached: Tonix Pharmaceuticals has entered into an agreement with a group purchasing organization to secure commercial payer coverage for its non-opioid pain therapy, Tonmya, which is expected to cover approximately 35 million U.S. commercial lives, accounting for about one-fifth of the total U.S. commercial lives.
  • Market Potential Unveiled: The agreement took effect on May 1, marking Tonix's first partnership in managed care, with CEO Seth Lederman expressing optimism about this collaboration and looking forward to expanding coverage across commercial and government channels.
  • Medicare Coverage Status: Tonmya, a sublingual tablet formulation, is currently covered under Medicare in 38 states, involving nearly 55 million Medicaid members, which constitutes 73% of the approximately 75 million members of the joint federal and state healthcare plan, indicating its broad acceptance in the healthcare market.
  • Expansion Discussions Ongoing: Tonix is currently in discussions with Medicare and Medicaid to widen the coverage for Tonmya, which is expected to support future revenue growth for the company and enhance its competitive position in the pain management market.
stocktwits
9.5
05-02stocktwits
Tonix Pharmaceuticals Reports Wider Q1 Loss and Revenue Decline
  • Revenue Overview: Tonix Pharmaceuticals reported a net revenue of $8.3 million for Q1 2026, with approximately $3.7 million coming from its newly launched drug Tonmya, indicating growth but significant loss pressures remain.
  • Widening Loss Expectations: The company anticipates a preliminary net loss of about $40.8 million for Q1 2026, a stark increase from the $16.8 million loss reported in the same quarter of 2025, highlighting challenges in drug promotion and market acceptance.
  • Strong Cash Position: As of the end of Q1, Tonix held approximately $185.5 million in cash and cash equivalents, along with $17.4 million raised in April 2026, which is expected to sustain operations until Q2 2027, ensuring continued investment in R&D and marketing.
  • Market Sentiment Analysis: Despite a 25% decline in TNXP's stock over the past year, retail sentiment on Stocktwits remains bearish, although some users believe the company's early 2026 performance is misunderstood, reflecting potential confidence in future growth.
Wall Street analysts forecast TNXP stock price to rise
2 Analyst Rating
Wall Street analysts forecast TNXP stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
65.00
Averages
67.50
High
70.00
Current: 0.000
sliders
Low
65.00
Averages
67.50
High
70.00
TD Cowen
Buy
initiated
$22
AI Analysis
2026-05-04
Reason
TD Cowen
Price Target
$22
AI Analysis
2026-05-04
initiated
Buy
Reason
TD Cowen initiated coverage of Tonix Pharmaceuticals with a Buy rating and $22 price target. The firm cites Tonmya's potential in fibromyalgia for the Buy rating. Consultants indicate Tonmya's early real-world efficacy is positive for pain and sleep, in a "large and underserved market," where 5% target penetration reflects $600M in sales, the analyst tells investors in a research note. In addition, TD believes Tonix's pipeline success with TNX-4800 "adds an intriguing opportunity" in Lyme disease prophylaxis.
Alliance Global Partners
NULL -> Buy
upgrade
$11 -> $65
2025-06-03
Reason
Alliance Global Partners
Price Target
$11 -> $65
2025-06-03
upgrade
NULL -> Buy
Reason
Alliance Global Partners raised the firm's price target on Tonix Pharmaceuticals to $65 from $11 and keeps a Buy rating on the shares. After having recently caught up with management to discuss the ongoing pipeline development, especially the pending potential approval of TNX-102 SL for fibromyalgia, which has a PDUFA date set for August 15, the firm notes that its sum-of-the-parts valuation includes TNX-102 SL for fibromyalgia valued at $52 per share, the Zembrace/Tosymra program valued at $1 per share, and cash and tech value of $12 per share.
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Valuation Metrics

The current forward P/E ratio for Tonix Pharmaceuticals Holding Corp (TNXP.O) is 0.00, compared to its 5-year average forward P/E of -1.00. For a more detailed relative valuation and DCF analysis to assess Tonix Pharmaceuticals Holding Corp'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
-1.00
Current PE
0.00
Overvalued PE
0.11
Undervalued PE
-2.12

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
-0.38
Current EV/EBITDA
-0.02
Overvalued EV/EBITDA
1.12
Undervalued EV/EBITDA
-1.88

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
1.80
Current PS
2.39
Overvalued PS
4.23
Undervalued PS
-0.62

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Frequently Asked Questions

What is Tonix Pharmaceuticals Holding Corp (TNXP) stock price today?

The current price of TNXP is 12.33 USD — it has decreased -2.45

What is Tonix Pharmaceuticals Holding Corp (TNXP)'s business?

Tonix Pharmaceuticals Holding Corp. is a biopharmaceutical company focused on developing and commercializing therapeutics to treat and vaccines to prevent, disease and alleviate suffering. Its development portfolio is focused on central nervous system (CNS) disorders. Its product candidates include TNX-102 SL, TNX-1300, TNX-2900, TNX-1900, TNX-1500, TNX-801, TNX-1800, TNX-4200, and TNX-1700. TNX-102 SL is for the management of fibromyalgia. Its CNS portfolio includes TNX-1300 (cocaine esterase), a biologic designed to treat cocaine intoxication that has a therapy designation. Its immunology development portfolio consists of biologics to address organ transplant rejection, autoimmunity and cancer, including TNX-1500, which is a humanized monoclonal antibody targeting CD40-ligand being developed for the prevention of allograft rejection and for the treatment of autoimmune diseases. It markets Zembrace SymTouch (sumatriptan injection) 3 mg and Tosymra (sumatriptan nasal spray) 10 mg.

What is the price predicton of TNXP Stock?

Wall Street analysts forecast TNXP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TNXP is67.50 USD with a low forecast of 65.00 USD and a high forecast of 70.00 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 Tonix Pharmaceuticals Holding Corp (TNXP)'s revenue for the last quarter?

Tonix Pharmaceuticals Holding Corp revenue for the last quarter amounts to 6.88M USD, increased 183.16

What is Tonix Pharmaceuticals Holding Corp (TNXP)'s earnings per share (EPS) for the last quarter?

Tonix Pharmaceuticals Holding Corp. EPS for the last quarter amounts to -2.93 USD, increased 3.17

How many employees does Tonix Pharmaceuticals Holding Corp (TNXP). have?

Tonix Pharmaceuticals Holding Corp (TNXP) has 142 emplpoyees as of June 01 2026.

What is Tonix Pharmaceuticals Holding Corp (TNXP) market cap?

Today TNXP has the market capitalization of 196.55M USD.