SNDX Stock Analysis: Syndax Pharmaceuticals | NASDAQ

Biotechnology | NASDAQ, USA | Market Cap: 1.573m USD | 12M Return: 21.1% | US87164F1057 | Charts, Fundamentals & Technical Analysis

Menin Inhibitors, CSF-1R Antibodies, HDAC Inhibitors, Oncology Therapies
Total Rating 19
Safety 25
Buy Signal -1.17
Biotechnology
Industry Rotation: -23.5
Market Cap: 1.57B
Avg Turnover: 30.4M
Risk 3d forecast
Volatility52.0%
VaR 5th Pctl8.53%
VaR vs Median-0.34%
Reward TTM
Sharpe Ratio0.54
Rel. Str. IBD20.4
Rel. Str. Peer Group17.8
Character TTM
Beta0.795
Beta Downside1.050
Hurst Exponent0.558
Drawdowns 3y
Max DD64.81%
CAGR/Max DD0.12
CAGR/Mean DD0.32
EPS (Earnings per Share) EPS (Earnings per Share) of SNDX over the last years for every Quarter: "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": -0.98, "2025-06": -0.83, "2025-09": -0.7, "2025-12": -0.78, "2026-03": -0.48, "2026-06": -0.55,
Last SUE: -0.28
Qual. Beats: 0
Revenue Revenue of SNDX over the last years for every Quarter: 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: 68.481, 2026-03: 64.864, 2026-06: 72.788,
Last SUE: -0.22
Qual. Beats: 0

Warnings

Interest Coverage Ratio Critical
Altman Z'' In Financial Distress Zone
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.6 years of data

Jan +1.8% 6
Feb +5.6% 24
Mar +1.9% 14
Apr -7.5% 27
May -6.9% 31
Jun +2.9% 17
Jul -0.9% 0
Aug +6.9% 15
Sep -1.9% 22
Oct -2.8% 35
Nov +5.7% 20
Dec +0.0% 11

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SNDX Syndax Pharmaceuticals

Syndax Pharmaceuticals (NASDAQ: SNDX) is a New York-based commercial-stage biopharmaceutical company, incorporated in 2005, that develops oncology therapies. It markets two lead products: Revuforj (revumenib), a menin inhibitor for relapsed or refractory acute leukemia, and Niktimvo (axatilimab-csfr), a colony stimulating factor-1 receptor (CSF-1R) blocking antibody for chronic graft-versus-host disease. The pipeline expands revumenib into additional acute myeloid leukemia (AML) indications and metastatic colorectal cancer, explores axatilimab in idiopathic pulmonary fibrosis, and includes Entinostat, a Class I HDAC inhibitor that is licensed to Eddingpharm International for development and commercialization in certain markets.

Operating in the biotechnology sub-industry of the health care sector, Syndax uses a targeted-therapy model, building a portfolio around small-molecule inhibitors and monoclonal antibodies designed against specific oncogenic drivers and immune-modulating pathways. As a commercial-stage small-cap biotech, it supplements its in-house development with out-licensing partnerships to extend geographic reach and share clinical and commercial risk.

Headlines to Watch Out For
  • Revuforj revenue ramp accelerates in relapsed acute leukemia
  • Niktimvo launch uptake scales in chronic graft-versus-host disease
  • Revumenib label expansion into mNPM1 AML and combinations
Piotroski VR-10 (Strict) 0.5
Net Income: -220.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.24 > 0.02 and ΔFCF/TA 23.64 > 1.0
NWC/Revenue: 228.3% < 20% (prev 535.5%; Δ -307.2% < -1%)
CFO/TA -0.31 > 3% & CFO -220.6m > Net Income -220.8m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 6.77 > 1.5 & < 3
Outstanding Shares: last quarter (89.0m) vs 12m ago 3.07% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 38.78% > 50% (prev 13.11%; Δ 25.66% > 0%)
Interest Coverage Ratio: -2.27 > 6 (EBIT TTM -194.2m / Interest Expense TTM 85.5m)
Altman Z'' -4.03
A: 0.82 (Total Current Assets 675.0m - Total Current Liabilities 99.7m) / Total Assets 703.7m
B: -2.27 (Retained Earnings -1.60b / Total Assets 703.7m)
C: -0.30 (EBIT TTM -194.2m / Avg Total Assets 649.9m)
D: 0.02 (Book Value of Equity 15.1m / Total Liabilities 688.6m)
Altman-Z'' = -4.03 = D
Beneish M -2.17
DSRI: 0.58 (Receivables 70.2m/37.4m, Revenue 252.0m/78.2m)
GMI: 0.99 (GM 96.17% / 97.47%)
AQI: 0.36 (AQ_t 0.04 / AQ_t-1 0.11)
SGI: 3.22 (Revenue 252.0m / 78.2m)
TATA: -0.00 (NI -220.8m - CFO -220.6m) / TA 703.7m)
Beneish M = -2.17 (Cap -4..+1) = BB
What is the price of SNDX shares?

As of September 26, 2026, the stock is trading at USD 18.20 with a total of 1,315,122 shares traded. Over the past week, the price has changed by +3.29%, over one month by -8.63%, over three months by -8.13% and over the past year by +21.09%.

Current recommended Stop Loss: 16.30 (which is 10.4% or 2.2 ATR below the current price).

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?
Analysts Target Price 37.6 106.3%
Syndax Pharmaceuticals (SNDX) - Fundamental Data Overview as of 20 September 2026
Market Cap USD = 1.57b (1.57b USD * 1.0 USD.USD)
P/S = 6.1895
P/B = 104.4135
Revenue TTM = 252.0m USD
EBIT TTM = -194.2m USD
EBITDA TTM = -194.2m USD
Long Term Debt = 588.1m USD (from longTermDebt, last quarter)
Short Term Debt = 506k USD (from shortTermDebt, last quarter)
Debt = 590.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.27m
Net Debt = 42.8m USD (calculated: Debt 590.6m - CCE 547.9m)
Enterprise Value = 1.62b USD (1.57b + Debt 590.6m - CCE 547.9m)
Interest Coverage Ratio = -2.27 (Ebit TTM -194.2m / Interest Expense TTM 85.5m)
EV/FCF = -9.41x (Enterprise Value 1.62b / FCF TTM -171.7m)
FCF Yield = -10.63% (FCF TTM -171.7m / Enterprise Value 1.62b)
FCF Margin = -68.15% (FCF TTM -171.7m / Revenue TTM 252.0m)
Net Margin = -87.60% (Net Income TTM -220.8m / Revenue TTM 252.0m)
 Gross Margin = unknown ((Revenue TTM 252.0m - Cost of Revenue TTM 6.37m) / Revenue TTM)
 Tobins Q-Ratio = 2.30 (Enterprise Value 1.62b / Total Assets 703.7m)
Interest Expense / Debt = 14.48% (Interest Expense 85.5m / Debt 590.6m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -153.4m (EBIT -194.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 6.46 (Total Current Assets 675.0m / Total Current Liabilities 104.6m)
Debt / Equity = 39.12 (Debt 590.6m / totalStockholderEquity, last quarter 15.1m)
 Debt / EBITDA = -0.22 (negative EBITDA) (Net Debt 42.8m / EBITDA -194.2m)
 Debt / FCF = -0.25 (negative FCF - burning cash) (Net Debt 42.8m / FCF TTM -171.7m)
 Total Stockholder Equity = 59.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -33.97% (Net Income -220.8m / Total Assets 703.7m)
RoE = -372.9% (Net Income TTM -220.8m / Total Stockholder Equity 59.2m)
RoCE = -30.00% (EBIT -194.2m / Capital Employed (Equity 59.2m + L.T.Debt 588.1m))
 RoIC = -25.92% (negative operating profit) (NOPAT -153.4m / Invested Capital 591.9m)
 WACC = 9.51% (E(1.57b)/V(2.16b) * Re(8.78%) + D(590.6m)/V(2.16b) * Rd(14.48%) * (1-Tc(0.21)))
Discount Rate = 8.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.34 | Cagr: 1.95%
 [DCF] Fair Price = unknown (Cash Flow -171.7m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.28 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: -0.22 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.47 | Chg30d=-21.06% | Revisions=-25% | Analysts=10
EPS current Year (2026-12-31): EPS=-1.93 | Chg30d=-14.95% | Revisions=-42% | GrowthEPS=+41.2% | GrowthRev=+83.4%
EPS next Year (2027-12-31): EPS=-0.82 | Chg30d=-60.17% | Revisions=-46% | GrowthEPS=+57.8% | GrowthRev=+46.5%
[Analyst] Revisions Ratio: -45% (up=7, down=21)