Pyxis Oncology, Inc. (NASDAQ:PYXS) Receives $6.86 Average PT from Analysts

Shares of Pyxis Oncology, Inc. (NASDAQ:PYXSGet Free Report) have earned an average recommendation of “Moderate Buy” from the nine ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $6.8571.

PYXS has been the topic of a number of research reports. Weiss Ratings cut Pyxis Oncology from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, June 30th. Leerink Partners reduced their price objective on Pyxis Oncology from $9.00 to $7.00 and set an “outperform” rating for the company in a research report on Thursday, July 2nd. Wall Street Zen downgraded Pyxis Oncology from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Finally, Wedbush began coverage on Pyxis Oncology in a research report on Tuesday, May 5th. They issued an “outperform” rating and a $6.00 target price on the stock.

View Our Latest Stock Analysis on Pyxis Oncology

Pyxis Oncology Stock Up 5.9%

PYXS opened at $2.68 on Tuesday. The firm has a market cap of $169.78 million, a price-to-earnings ratio of -2.05 and a beta of 1.30. Pyxis Oncology has a fifty-two week low of $0.97 and a fifty-two week high of $5.55. The company’s 50-day moving average price is $2.16 and its 200 day moving average price is $1.81.

Pyxis Oncology (NASDAQ:PYXSGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.02). Research analysts anticipate that Pyxis Oncology will post -1.19 earnings per share for the current year.

Hedge Funds Weigh In On Pyxis Oncology

Institutional investors have recently modified their holdings of the company. Maia Wealth LLC bought a new stake in Pyxis Oncology in the 4th quarter valued at about $25,000. Engineers Gate Manager LP bought a new position in Pyxis Oncology in the 4th quarter worth about $26,000. Fox Run Management L.L.C. bought a new position in Pyxis Oncology in the 4th quarter worth about $26,000. Avanza Fonder AB acquired a new stake in shares of Pyxis Oncology in the fourth quarter valued at approximately $31,000. Finally, XTX Topco Ltd acquired a new stake in shares of Pyxis Oncology in the second quarter valued at approximately $40,000. Institutional investors own 39.07% of the company’s stock.

Pyxis Oncology Company Profile

(Get Free Report)

Pyxis Oncology (NASDAQ: PYXS) is a clinical‐stage biotechnology company focused on the discovery and development of targeted oncology therapies. The company’s platform centers on antibody‐drug conjugates (ADCs) that deliver potent mitotic inhibitors directly to cancer cells, leveraging novel payloads designed to disrupt cell division. By combining highly specific antibodies with innovative cytotoxic agents, Pyxis Oncology aims to improve therapeutic windows and reduce off‐target toxicities common to conventional chemotherapies.

Since its inception, Pyxis Oncology has built a pipeline of early‐stage ADC candidates directed against a variety of solid tumor antigens.

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Analyst Recommendations for Pyxis Oncology (NASDAQ:PYXS)

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