
Syndax Pharmaceuticals (SNDX) Stock Forecast & Price Target
Syndax Pharmaceuticals (SNDX) Analyst Ratings
Bulls say
Syndax Pharmaceuticals Inc. has demonstrated a strong growth trajectory in expected sales, with estimates for Niktimvo reaching $17 million in 2025 and growing significantly to $173 million by 2029, indicating robust market potential for its products. Furthermore, the company achieved impressive efficacy results for its selective menin-MLL inhibitor, revumenib, in the AUGMENT-101 trial, reporting a 100% overall response rate and a 95% complete response rate among evaluable patients, which underscores the drug's promising profile in treating acute leukemias. Additionally, positive feedback regarding the product profile and swift patient coverage approvals suggests a favorable commercial landscape for Syndax, potentially enhancing its position in the biopharmaceutical market.
Bears say
Syndax Pharmaceuticals is projecting a significant increase in combined research and development (R&D) and selling, general, and administrative (SG&A) expenses for FY25, estimated at $415M-$435M, which includes a notable non-cash stock compensation of $45M. Additionally, the company has lowered its earnings per share (EPS) estimate for FY25 to ($3.86), reflecting a deterioration in financial expectations. Despite a reported cash position of $692.4M as of December 31, 2024, the rising R&D costs and increased cash burn rate, evidenced by a jump in 4Q24 R&D expenses, raise concerns about the sustainability of its financial health moving forward.
This aggregate rating is based on analysts' research of Syndax Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Syndax Pharmaceuticals (SNDX) Analyst Forecast & Price Prediction
Start investing in Syndax Pharmaceuticals (SNDX)
Order type
Buy in
Order amount
Est. shares
0 shares