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Nurix Therapeutics, Inc. (NRIX)

Healthcare | Biotechnology | Brisbane, United States | NasdaqGM
22.71 USD -0.35 (-1.518%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 7:01 a.m. EDT

The recent price surge to $24.69 appears to be a speculative reaction to the Roche partnership news rather than a correction of fundamental reality. While the stock has rallied nearly 100% year-to-date, the underlying business is deteriorating rapidly with a 66% drop in revenue and negative free cash flow. The balance sheet is fragile, relying entirely on cash reserves to fund operations, and the company is burning money at an accelerating rate. The massive accumulation of put options by retail and institutional traders signals deep skepticism that this rally can sustain itself without further capital infusion or a miracle in the pipeline. With analysts projecting continued earnings declines and no dividend to cushion the fall, the current price represents a precarious overhang where the market is pricing in a potential collapse if the Roche deal does not immediately translate into tangible value. This is a high-risk momentum play with a severe structural flaw.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.116686
AutoARIMA0.117597
AutoETS0.117630
AutoTheta0.118607

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 31%
H-stat 25.06
Ljung-Box p 0.000
Jarque-Bera p 0.025
Excess Kurtosis -0.55
Attribute Value
Sector Healthcare
Debt to Equity Ratio 14.441
Revenue per Share 0.367
Market Cap 2,356,881,920
Forward P/E -10.27
Beta 1.80
Website https://www.nurixtx.com

As of July 11, 2026, 7:01 a.m. EDT: Speculators are heavily positioned for downside protection with significant open interest in out-of-the-money puts across multiple expirations, particularly at strikes below the current price. Call activity is sparse and concentrated deep in-the-money, suggesting a lack of aggressive bullish speculation despite the recent price rally. Implied volatility remains elevated relative to historical norms, reflecting uncertainty around the upcoming earnings report and the Roche partnership valuation.


Info Dump

Attribute Value
52 Week Change 0.86913586
Address1 1,600 Sierra Point Parkway
All Time High 52.38
All Time Low 4.22
Ask 27.3
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 1,535,970
Average Daily Volume3 Month 1,987,063
Average Volume 1,987,063
Average Volume10Days 1,535,970
Beta 1.802
Bid 16.14
Bid Size 2
Board Risk 5
Book Value 4.651
City Brisbane
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 22.71
Current Ratio 6.338
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 22.75
Day Low 21.23
Debt To Equity 14.441
Display Name Nurix Therapeutics
Earnings Timestamp 1,783,627,200
Earnings Timestamp End 1,791,489,600
Earnings Timestamp Start 1,791,489,600
Ebitda -353,180,000
Ebitda Margins 0.0
Enterprise To Ebitda -5.582
Enterprise To Revenue 53.623
Enterprise Value 1,971,496,064
Eps Current Year -2.21288
Eps Forward -2.21172
Eps Trailing Twelve Months -3.46
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 415 525 4200
Fifty Day Average 18.3859
Fifty Day Average Change 4.3240986
Fifty Day Average Change Percent 0.23518558
Fifty Two Week Change Percent 86.91359
Fifty Two Week High 25.085
Fifty Two Week High Change -2.375
Fifty Two Week High Change Percent -0.0946781
Fifty Two Week Low 8.195
Fifty Two Week Low Change 14.514999
Fifty Two Week Low Change Percent 1.771202
Fifty Two Week Range 8.195 - 25.085
Financial Currency USD
First Trade Date Milliseconds 1,595,597,400,000
Float Shares 82,785,611
Forward Eps -2.21172
Forward P E -10.268026
Free Cashflow -164,635,872
Full Exchange Name NasdaqGM
Full Time Employees 317
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.0
Gross Profits -304,167,008
Has Pre Post Market Data 1
Held Percent Insiders 0.010829999
Held Percent Institutions 1.1425099
Implied Shares Outstanding 103,781,683
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Ipo Expected Date 2,020-07-24
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,764,460,800
Long Business Summary Nurix Therapeutics, Inc., a clinical stage biopharmaceutical company, focuses on the discovery, development, and commercialization of small molecule and antibody therapies for the treatment of cancer, inflammatory conditions, and other diseases. The company develops NX-5948, an orally bioavailable BTK degrader, that is in Phase 2 clinical trials for the treatment of relapsed or refractory B-cell malignancies and autoimmune diseases; NX-2127, an orally bioavailable Bruton's tyrosine kinase (BTK) degrader, that is in Phase Phase 1a/1b clinical trials for the treatment of relapsed or refractory B-cell malignancies; and NX-1607, an orally bioavailable Casitas B-lineage lymphoma proto-oncogene-B (CBL-B) inhibitor, that is in Phase 1a/1b clinical trials to treat immuno-oncology indications. It is also developing NX-0479/GS-6791, a IRAK4 degrader for the treatment of rheumatoid arthritis and other inflammatory diseases. The company has a strategic collaboration agreement with Gilead Sciences, Inc. (Gilead), Sanofi S.A. (Sanofi), and Pfizer Inc. (Pfizer) for co-development and co-commercialization for multiple drug candidates. The company was formerly known as Nurix Inc. and changed its name to Nurix Therapeutics, Inc. in October 2018. Nurix Therapeutics, Inc. was incorporated in 2009 and is headquartered in Brisbane, California.
Long Name Nurix Therapeutics, Inc.
Market us_market
Market Cap 2,356,881,920
Market State PRE
Max Age 86,400
Message Board Id finmb_206907980
Most Recent Quarter 1,780,185,600
Net Income To Common -341,351,008
Next Fiscal Year End 1,795,996,800
Non Diluted Market Cap 2,358,957,654
Number Of Analyst Opinions 16
Open 22.56
Operating Cashflow -293,704,000
Operating Margins -10.41734
Overall Risk 7
Payout Ratio 0.0
Phone 415 660 5320
Pre Market Change 0.44000053
Pre Market Change Percent 1.937475
Pre Market Price 23.15
Pre Market Time 1,784,033,586
Previous Close 23.06
Price Eps Current Year -10.262644
Price Hint 2
Price To Book 4.8828206
Price To Sales Trailing12 Months 64.104935
Profit Margins 0.0
Quick Ratio 6.185
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.46667
Region US
Regular Market Change -0.35
Regular Market Change Percent -1.51778
Regular Market Day High 22.75
Regular Market Day Low 21.23
Regular Market Day Range 21.23 - 22.75
Regular Market Open 22.56
Regular Market Previous Close 23.06
Regular Market Price 22.71
Regular Market Time 1,783,972,800
Regular Market Volume 1,536,392
Return On Assets -0.40056
Return On Equity -0.80296
Revenue Growth -0.795
Revenue Per Share 0.367
Sand P52 Week Change 0.20365608
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 103,781,683
Shares Percent Shares Out 0.1715
Shares Short 17,798,300
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 19,321,862
Short Name Nurix Therapeutics, Inc.
Short Percent Of Float 0.1734
Short Ratio 4.72
Source Interval 15
State CA
Symbol NRIX
Target High Price 45.0
Target Low Price 23.0
Target Mean Price 32.5
Target Median Price 33.5
Total Cash 443,528,992
Total Cash Per Share 4.274
Total Debt 58,143,000
Total Revenue 36,766,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -3.46
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 16.11265
Two Hundred Day Average Change 6.597349
Two Hundred Day Average Change Percent 0.40945154
Type Disp Equity
Volume 1,536,392
Website https://www.nurixtx.com
Zip 94,005