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Acurx Pharmaceuticals (ACXP)
NASDAQ:ACXP

Acurx Pharmaceuticals (ACXP) Price & Analysis

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ACXP Stock Chart & Stats


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Bulls Say, Bears Say

Bulls Say
EfficacyIbezapolstat's efficacy was impressive in two Phase 2 trials, demonstrating a pooled clinical cure rate of 96%.
Regulatory ProgressAlignment with a second major regulatory agency was a key milestone, confirming that the clinical, non-clinical, and CMC data package sufficiently supports ibezapolstat's entry into a Phase 3 program for treating C. difficile Infection in the EU.
Safety ProfileIbezapolstat was safe and well-tolerated, with no drug-related withdrawals or serious adverse events occurring.
Bears Say
Clinical Trial RisksRisks to the investment thesis and target price include failure or equivocal data in the Phase 3 trials of ibezapolstat.
Financial PositionAcurx reported 3Q24 results with a net loss of ($2.8M) and ended the period with $5.8M in cash on the balance sheet.
Regulatory Approval RisksFailure to secure regulatory approval of ibezapolstat.
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Financials

Quarterly

Ownership Overview

12.19%3.36%2.01%79.57%
12.19% Insiders
2.01% Other Institutional Investors
79.57% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

ACXP FAQ

What was Acurx Pharmaceuticals’s price range in the past 12 months?
Acurx Pharmaceuticals lowest stock price was $0.68 and its highest was $3.35 in the past 12 months.
    What is Acurx Pharmaceuticals’s market cap?
    Acurx Pharmaceuticals’s market cap is $14.48M.
      When is Acurx Pharmaceuticals’s upcoming earnings report date?
      Acurx Pharmaceuticals’s upcoming earnings report date is Mar 13, 2025 which is in 20 days.
        How were Acurx Pharmaceuticals’s earnings last quarter?
        Acurx Pharmaceuticals released its earnings results on Nov 13, 2024. The company reported -$0.17 earnings per share for the quarter, missing the consensus estimate of -$0.145 by -$0.025.
          Is Acurx Pharmaceuticals overvalued?
          According to Wall Street analysts Acurx Pharmaceuticals’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Acurx Pharmaceuticals pay dividends?
            Acurx Pharmaceuticals does not currently pay dividends.
            What is Acurx Pharmaceuticals’s EPS estimate?
            Acurx Pharmaceuticals’s EPS estimate is -0.18.
              How many shares outstanding does Acurx Pharmaceuticals have?
              Acurx Pharmaceuticals has 19,533,745 shares outstanding.
                What happened to Acurx Pharmaceuticals’s price movement after its last earnings report?
                Acurx Pharmaceuticals reported an EPS of -$0.17 in its last earnings report, missing expectations of -$0.145. Following the earnings report the stock price went down -1.622%.
                  Which hedge fund is a major shareholder of Acurx Pharmaceuticals?
                  Currently, no hedge funds are holding shares in ACXP
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                  Company Description

                  Acurx Pharmaceuticals

                  Acurx Pharmaceuticals Inc is a clinical stage biopharmaceutical company developing a new class of antibiotics for infections caused by bacteria listed as priority pathogens by the World Health Organization, Centers for Disease Control and Prevention, and Food and Drug Administration.
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                  ACXP Earnings Call

                  Q3 2024
                  0:00 / 0:00
                  Earnings Call Sentiment|Neutral
                  The earnings call highlighted significant progress in clinical trials and regulatory readiness, which are promising for future developments. However, financial challenges and the need for funding to proceed with Phase III trials pose risks.Read More>
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                  ACXP Stock 12 Month Forecast

                  Average Price Target

                  $12.00
                  ▲(1664.71% Upside)
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                  Best Analysts Covering ACXP

                  1 Year
                  Ed ArceH.C. Wainwright
                  1 Year Success Rate
                  5/18 ratings generated profit
                  28%
                  1 Year Average Return
                  -29.51%
                  reiterated a buy rating last month
                  Copying Ed Arce's trades and holding each position for 1 Year would result in 27.78% of your transactions generating a profit, with an average return of -29.51% per trade.
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