Shares of Janux Therapeutics, Inc. (NASDAQ:JANX – Get Free Report) have earned a consensus rating of “Moderate Buy” from the fifteen brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $36.46.
A number of equities research analysts have weighed in on the company. Stifel Nicolaus set a $35.00 target price on Janux Therapeutics in a research report on Friday, August 7th. Wolfe Research upgraded Janux Therapeutics from a “peer perform” rating to an “outperform” rating and set a $23.00 target price for the company in a report on Monday, August 24th. TD Cowen raised Janux Therapeutics to a “strong-buy” rating in a research report on Monday, August 24th. Truist Financial reissued a “buy” rating and set a $26.00 price target (down from $80.00) on shares of Janux Therapeutics in a research report on Thursday, June 25th. Finally, Guggenheim cut their price target on Janux Therapeutics from $58.00 to $55.00 and set a “buy” rating on the stock in a research note on Friday, August 7th.
Read Our Latest Report on JANX
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Janux Therapeutics Stock Performance
Janux Therapeutics stock opened at $18.39 on Friday. The company has a 50 day moving average price of $17.42 and a 200-day moving average price of $15.69. Janux Therapeutics has a fifty-two week low of $12.12 and a fifty-two week high of $35.34. The company has a market capitalization of $1.12 billion, a PE ratio of -11.21 and a beta of 2.40.
Janux Therapeutics (NASDAQ:JANX – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.10). The company had revenue of $10.27 million during the quarter, compared to analysts’ expectations of $19.07 million. On average, analysts forecast that Janux Therapeutics will post -1.70 earnings per share for the current year.
Janux Therapeutics Company Profile
Janux Therapeutics, Inc is a clinical-stage biopharmaceutical company based in San Diego, California, developing cancer immunotherapies designed to activate the immune system selectively within the tumor microenvironment. The company’s technology is intended to direct T cells toward cancer cells while limiting activation in healthy tissues.
Janux’s core technology platform, known as TRACTr, uses conditionally activated T-cell engager molecules designed to remain masked in circulation and become activated by proteases that are more prevalent in tumors.
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