(SNDX) Syndax Pharmaceuticals - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US87164F1057

Stock: Menin Inhibitor, CSF-1R Antibody, HDAC Inhibitor

Total Rating 41
Risk 30
Buy Signal 0.24

EPS (Earnings per Share)

EPS (Earnings per Share) of SNDX over the last years for every Quarter: "2020-12": -0.44, "2021-03": -0.54, "2021-06": -0.44, "2021-09": -0.4, "2021-12": 1.81, "2022-03": -0.63, "2022-06": -0.62, "2022-09": -0.58, "2022-12": -0.62, "2023-03": -0.59, "2023-06": -0.64, "2023-09": -0.73, "2023-12": -1, "2024-03": -0.85, "2024-06": -0.8, "2024-09": -0.98, "2024-12": -1.1, "2025-03": -0.9846, "2025-06": -0.83, "2025-09": -0.7, "2025-12": 0,

Revenue

Revenue of SNDX over the last years for every Quarter: 2020-12: 0.38, 2021-03: 0.379, 2021-06: 0.379, 2021-09: 12.375, 2021-12: 126.576, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0.536, 2024-03: 0, 2024-06: 3.5, 2024-09: 12.5, 2024-12: 7.68, 2025-03: 20.042, 2025-06: 37.958, 2025-09: 45.871, 2025-12: null,
Risk 5d forecast
Volatility 57.2%
Relative Tail Risk -11.5%
Reward TTM
Sharpe Ratio 0.70
Alpha 27.30
Character TTM
Beta 1.040
Beta Downside 1.117
Drawdowns 3y
Max DD 66.74%
CAGR/Max DD -0.09

Description: SNDX Syndax Pharmaceuticals January 18, 2026

Syndax Pharmaceuticals (NASDAQ:SNDX) is a commercial-stage biotech focused on oncology, with its flagship menin inhibitor revumenib (Revuforj) targeting relapsed/refractory acute leukemias, and the CSF-1R antibody axatilimab-csfr (Niktimvo) for chronic graft-versus-host disease.

Beyond the lead programs, Syndax is expanding revumenib into nucleophosmin-1-mutated AML (mNPM1) and combination regimens for KMT2A-rearranged leukemias, while also exploring axatilimab for idiopathic pulmonary fibrosis and metastatic colorectal cancer, and Entinostat (a Class I HDAC inhibitor) under a licensing deal with Eddingpharm.

Key metrics (as of the latest 10-Q): market capitalization ≈ $1.2 B, cash and equivalents $420 M, and a quarterly cash burn of $85 M, giving roughly 5 months of runway without additional financing. The company’s R&D spend has risen 38 % YoY, reflecting the accelerated launch of revumenib and the initiation of multiple combination trials.

Sector drivers that materially affect Syndax include the biotech industry’s elevated valuation multiples (average EV/EBITDA ≈ 30× for late-stage oncology firms) and the FDA’s recent willingness to grant accelerated approvals for targeted leukemia therapies, which could shorten time-to-market for revumenib if pivotal data meet endpoints.

For a deeper, data-rich assessment of Syndax’s risk-adjusted upside, you may find the analyst notes on ValueRay worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 1.5

Net Income: -311.6m TTM > 0 and > 6% of Revenue
FCF/TA: -0.56 > 0.02 and ΔFCF/TA 4.43 > 1.0
NWC/Revenue: 372.6% < 20% (prev 2149 %; Δ -1777 % < -1%)
CFO/TA -0.56 > 3% & CFO -310.9m > Net Income -311.6m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 4.64 > 1.5 & < 3
Outstanding Shares: last quarter (86.6m) vs 12m ago 1.39% < -2%
Gross Margin: 91.60% > 18% (prev -1.70%; Δ 9330 % > 0.5%)
Asset Turnover: 22.82% > 50% (prev 3.88%; Δ 18.94% > 0%)
Interest Coverage Ratio: -10.41 > 6 (EBITDA TTM -294.8m / Interest Expense TTM 23.7m)

Altman Z'' -10.41

A: 0.75 (Total Current Assets 529.8m - Total Current Liabilities 114.2m) / Total Assets 551.8m
B: -2.61 (Retained Earnings -1.44b / Total Assets 551.8m)
C: -0.51 (EBIT TTM -247.0m / Avg Total Assets 488.8m)
D: -3.30 (Book Value of Equity -1.44b / Total Liabilities 436.4m)
Altman-Z'' Score: -10.41 = D

Beneish M 1.00

DSRI: 0.80 (Receivables 25.4m/4.69m, Revenue 111.6m/16.5m)
GMI: 1.00 (fallback, negative margins)
AQI: 1.53 (AQ_t 0.04 / AQ_t-1 0.02)
SGI: 6.75 (Revenue 111.6m / 16.5m)
TATA: -0.00 (NI -311.6m - CFO -310.9m) / TA 551.8m)
Beneish M-Score: 1.25 (Cap -4..+1) = D

What is the price of SNDX shares?

As of February 09, 2026, the stock is trading at USD 21.01 with a total of 1,480,957 shares traded.
Over the past week, the price has changed by -1.59%, over one month by -1.78%, over three months by +33.65% and over the past year by +38.86%.

Is SNDX a buy, sell or hold?

Syndax Pharmaceuticals has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy SNDX.
  • StrongBuy: 9
  • Buy: 2
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the SNDX price?

Issuer Target Up/Down from current
Wallstreet Target Price 39.3 87.1%
Analysts Target Price 39.3 87.1%
ValueRay Target Price 24 14%

SNDX Fundamental Data Overview February 03, 2026

P/S = 15.8596
P/B = 15.3003
Revenue TTM = 111.6m USD
EBIT TTM = -247.0m USD
EBITDA TTM = -294.8m USD
Long Term Debt = 331.6m USD (from longTermDebt, last fiscal year)
Short Term Debt = 23.3m USD (from shortTermDebt, last quarter)
Debt = 345.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 228.6m USD (from netDebt column, last quarter)
Enterprise Value = 1.66b USD (1.77b + Debt 345.4m - CCE 454.2m)
Interest Coverage Ratio = -10.41 (Ebit TTM -247.0m / Interest Expense TTM 23.7m)
EV/FCF = -5.33x (Enterprise Value 1.66b / FCF TTM -311.0m)
FCF Yield = -18.78% (FCF TTM -311.0m / Enterprise Value 1.66b)
FCF Margin = -278.8% (FCF TTM -311.0m / Revenue TTM 111.6m)
Net Margin = -279.3% (Net Income TTM -311.6m / Revenue TTM 111.6m)
Gross Margin = 91.60% ((Revenue TTM 111.6m - Cost of Revenue TTM 9.37m) / Revenue TTM)
Gross Margin QoQ = 86.10% (prev none%)
Tobins Q-Ratio = 3.00 (Enterprise Value 1.66b / Total Assets 551.8m)
Interest Expense / Debt = 0.87% (Interest Expense 3.01m / Debt 345.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = -195.1m (EBIT -247.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.64 (Total Current Assets 529.8m / Total Current Liabilities 114.2m)
Debt / Equity = 2.99 (Debt 345.4m / totalStockholderEquity, last quarter 115.4m)
Debt / EBITDA = -0.78 (negative EBITDA) (Net Debt 228.6m / EBITDA -294.8m)
Debt / FCF = -0.74 (negative FCF - burning cash) (Net Debt 228.6m / FCF TTM -311.0m)
Total Stockholder Equity = 194.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -63.74% (Net Income -311.6m / Total Assets 551.8m)
RoE = -160.6% (Net Income TTM -311.6m / Total Stockholder Equity 194.0m)
RoCE = -46.99% (EBIT -247.0m / Capital Employed (Equity 194.0m + L.T.Debt 331.6m))
RoIC = -69.70% (negative operating profit) (NOPAT -195.1m / Invested Capital 279.9m)
WACC = 8.27% (E(1.77b)/V(2.11b) * Re(9.75%) + D(345.4m)/V(2.11b) * Rd(0.87%) * (1-Tc(0.21)))
Discount Rate = 9.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 9.29%
Fair Price DCF = unknown (Cash Flow -311.0m)
EPS Correlation: -2.77 | EPS CAGR: 22.85% | SUE: 1.61 | # QB: 1
Revenue Correlation: 48.13 | Revenue CAGR: -23.71% | SUE: -0.07 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.54 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=5
EPS next Year (2026-12-31): EPS=-1.60 | Chg30d=+0.139 | Revisions Net=+1 | Growth EPS=+47.9% | Growth Revenue=+120.2%

Additional Sources for SNDX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle