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Pyxis Oncology, Inc.

NASDAQ•PYXS
CEO: Dr. Lara S. Sullivan M.D., MBA
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2021-10-08
Pyxis Oncology, Inc., a clinical stage company, engages in the development of therapeutics to treat cancers. Its lead antibody-drug conjugates (ADC) product candidate is PYX-201, an investigational novel ADC consisting of human immunoglobulin G1 (IgG1), which is in Phase 1 clinical trial to treat patients with relapsed or refractory solid tumors; and lead immuno-oncology (IO) product candidate is PYX-106, an investigational fully human IgG1 Siglec-15-targeting antibody that is in Phase 1 clinical trial to treat patients with advanced solid tumors. The company is also developing PYX-107, a CD40 agonist with demonstrated anti-cancer activity in patients who previously progressed on PD-(L)1 inhibitors, which is in Phase 2 clinical trial for the treatment of solid tumors, such as soft tissue sarcomas, esophageal and gastroesophageal junction, cancers, and melanoma in combination with chemotherapy, radiation therapy, and immunotherapy. It has in-license agreement with Pfizer Inc. to develop and commercialize ADC product candidates directed to certain licensed targets, including PYX-201 and PYX-203, and products containing the ADC product candidates; and Biosion USA, Inc. for development, manufacture, and commercialization of PYX-106, an IO product candidate. Pyxis Oncology, Inc. was incorporated in 2018 and is headquartered in Boston, Massachusetts.
Contact Information
321 Harrison Avenue, 11th Floor, Suite 1, Boston, MA, 02118, United States
617-221-9059
www.pyxisoncology.com
Market Cap
$103.98M
P/E (TTM)
-1.1
17.5
Dividend Yield
--
52W High
$5.55
52W Low
$0.83
52W Range
18%
Rank54Top 78.1%
2.7
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 2.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025

Financial Dashboard

Q3 2025 Data

Revenue

$0.00+0.00%
4-Quarter Trend

EPS

-$0.35+0.00%
4-Quarter Trend

FCF

-$13.29M-9.40%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Revenue Drops Significantly Nine months revenues $2.82M USD, down $13.33M versus 2024, driven by prior royalty right sale impact.
R&D Spending Increases Research and development costs rose $7.26M to $52.0M for nine months 2025, supporting MICVO clinical trials.
Promising HNSCC Efficacy MICVO achieved 50% objective response rate in R/M HNSCC patients at therapeutically active dose range.
Cash Position Update Cash, equivalents, and short-term investments totaled $77.7M as of September 30, 2025, funding operations into H2 2026.

Risk Factors

Liquidity Raises Concern Current cash insufficient for next 12 months operations, raising substantial doubt about ability to continue as going concern.
Net Loss Widening Nine months net loss reached $61.52M USD, increasing by $19.76M compared to the prior nine month period.
Clinical Trial Uncertainty Success heavily dependent on micvotabart pelidotin clinical trials; failure halts development or prevents regulatory licensure.
Competition Threatens Success Intense competition exists from established biopharma entities developing similar ADCs and immunotherapies, threatening market acceptance.

Outlook

Upcoming Clinical Data Expect preliminary data disclosure for MICVO monotherapy dose expansion cohorts in the fourth quarter of 2025.
Prioritizing HNSCC Signal Resources prioritized to focus on characterizing the R/M HNSCC efficacy signal for micvotabart pelidotin development.
Future Funding Required Expect expenses to increase substantially; additional equity or debt financing will be necessary to fund future activities.
Aligning with FDA Optimus Planning discussion with FDA in 4Q 2025 to align on optimal monotherapy dose approach under Project Optimus.

Peer Comparison

Revenue (TTM)

GNFT stock ticker logoGNFT
$126.71M
+9.8%
CDXS stock ticker logoCDXS
$70.39M
+18.6%
ENTA stock ticker logoENTA
$66.98M
+0.6%

Gross Margin (Latest Quarter)

ENTA stock ticker logoENTA
100.0%
+0.0pp
GNFT stock ticker logoGNFT
100.0%
+0.0pp
SGMO stock ticker logoSGMO
100.0%
+0.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
AVIR$472.67M-3.0-46.3%0.3%
GNFT$445.68M-11.0-63.7%64.1%
ENTA$299.73M-3.9-78.6%58.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention

Deep Research

Next earnings:Mar 17, 2026
|
EPS:-$0.35
|
Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data