FY2025 Earnings Forecast for NRXP Issued By HC Wainwright

NRx Pharmaceuticals, Inc. (NASDAQ:NRXPFree Report) – Analysts at HC Wainwright issued their FY2025 earnings estimates for NRx Pharmaceuticals in a research report issued on Monday, September 8th. HC Wainwright analyst P. Trucchio anticipates that the company will post earnings per share of ($0.57) for the year. HC Wainwright currently has a “Buy” rating and a $40.00 target price on the stock. The consensus estimate for NRx Pharmaceuticals’ current full-year earnings is ($1.75) per share. HC Wainwright also issued estimates for NRx Pharmaceuticals’ FY2026 earnings at $0.42 EPS.

NRx Pharmaceuticals (NASDAQ:NRXPGet Free Report) last posted its quarterly earnings results on Monday, August 18th. The company reported ($0.98) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($0.67).

Several other research firms also recently weighed in on NRXP. BTIG Research reissued a “buy” rating on shares of NRx Pharmaceuticals in a research note on Monday, August 25th. Wall Street Zen raised shares of NRx Pharmaceuticals from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd. Finally, D. Boral Capital reaffirmed a “buy” rating and set a $34.00 target price on shares of NRx Pharmaceuticals in a research note on Monday. One analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat.com, NRx Pharmaceuticals has a consensus rating of “Buy” and a consensus target price of $34.50.

Check Out Our Latest Stock Report on NRx Pharmaceuticals

NRx Pharmaceuticals Trading Down 5.7%

NASDAQ:NRXP opened at $2.97 on Thursday. The company’s 50-day moving average price is $2.81 and its 200-day moving average price is $2.55. The company has a market cap of $58.84 million, a P/E ratio of -1.33 and a beta of 1.63. NRx Pharmaceuticals has a twelve month low of $1.10 and a twelve month high of $6.01.

Hedge Funds Weigh In On NRx Pharmaceuticals

A number of institutional investors have recently bought and sold shares of NRXP. Squarepoint Ops LLC purchased a new stake in shares of NRx Pharmaceuticals in the 4th quarter valued at approximately $56,000. Millennium Management LLC purchased a new stake in shares of NRx Pharmaceuticals in the 4th quarter valued at approximately $61,000. Geode Capital Management LLC raised its stake in shares of NRx Pharmaceuticals by 27.9% in the 2nd quarter. Geode Capital Management LLC now owns 172,255 shares of the company’s stock valued at $562,000 after acquiring an additional 37,598 shares during the period. Finally, Anson Funds Management LP raised its stake in shares of NRx Pharmaceuticals by 535.1% in the 1st quarter. Anson Funds Management LP now owns 1,179,061 shares of the company’s stock valued at $2,417,000 after acquiring an additional 993,401 shares during the period. 4.27% of the stock is owned by hedge funds and other institutional investors.

About NRx Pharmaceuticals

(Get Free Report)

NRx Pharmaceuticals, Inc, a clinical-stage bio-pharmaceutical company, develops novel therapeutics for the treatment of central nervous system disorders, including suicidal depression, post-traumatic stress disorder, and chronic pain. Its products include NRX-101 (D-cycloserine/Lurasidone), an oral, fixed dosed combination of D-cycloserine and lurasidone that earned food and drug administration-designated breakthrough therapy for suicidal treatment-resistant bipolar depression; and NRX-100 (ketamine), which has been awarded FDA fast track designation for the treatment of severe bipolar depression with acute suicidal ideation and behavior.

Further Reading

Earnings History and Estimates for NRx Pharmaceuticals (NASDAQ:NRXP)

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