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NRx Pharmaceuticals, Inc. (NRXP)

Healthcare | Biotechnology | Wilmington, United States | NasdaqCM
3.55 USD -0.07 (-1.934%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 3.51 -0.04 (-0.037%) ⇩ (Aug. 28, 2026, 7:55 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:12 a.m. EDT

This is a distressed biotech play with no income and severe fundamental headwinds. The company is burning cash aggressively, reporting negative operating cash flow and a negative book value, while revenue remains negligible. Although analysts offer lofty price targets based on potential drug approvals, the current reality is a company trading at a fraction of its historical value due to a catastrophic multi-year decline. The options market confirms this pessimism, with traders buying deep out-of-the-money puts to hedge against further collapse. While the recent price action shows a slight bounce off the lows, the lack of a dividend, the massive cash burn, and the precarious balance sheet make this a high-risk speculative vehicle unsuitable for capital preservation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.097148
AutoARIMA0.097148
MSTL0.097501
AutoTheta0.157876

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 37%
H-stat 0.10
Ljung-Box p 0.000
Jarque-Bera p 0.278
Excess Kurtosis -1.15
Attribute Value
Sector Healthcare
Revenue per Share 0.112
Market Cap 153,699,968
Forward P/E 7.10
Beta 2.18
Previous Name NeuroRx, Inc.
Website https://www.nrxpharma.com

As of Aug. 22, 2026, 4:12 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in out-of-the-money puts relative to calls. The put/call ratio is skewed significantly toward selling, with the bulk of volume concentrated in strikes far above the current price, suggesting a fear of a sharp decline rather than a rally.


Info Dump

Attribute Value
52 Week Change 0.39230764
Address1 1,201 N. Market Street
Address2 Suite 111
All Time High 769.9
All Time Low 1.1
Ask 4.54
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 882,480
Average Daily Volume3 Month 1,150,188
Average Volume 1,150,188
Average Volume10Days 882,480
Beta 2.176
Bid 3.2
Bid Size 2
Book Value -0.004
City Wilmington
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.55
Current Ratio 0.861
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 3.68
Day Low 3.5
Display Name NRx Pharmaceuticals
Earnings Call Timestamp End 1,786,996,800
Earnings Call Timestamp Start 1,786,996,800
Earnings Timestamp End 1,794,513,600
Earnings Timestamp Start 1,794,513,600
Ebitda -19,762,000
Ebitda Margins 0.0
Enterprise To Ebitda -6.463
Enterprise To Revenue 37.634
Enterprise Value 127,731,192
Eps Current Year -0.36
Eps Forward 0.5
Eps Trailing Twelve Months -0.5
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.7182
Fifty Day Average Change -0.16820002
Fifty Day Average Change Percent -0.04523695
Fifty Two Week Change Percent 39.230762
Fifty Two Week High 5.055
Fifty Two Week High Change -1.5049999
Fifty Two Week High Change Percent -0.29772502
Fifty Two Week Low 1.62
Fifty Two Week Low Change 1.93
Fifty Two Week Low Change Percent 1.191358
Fifty Two Week Range 1.62 - 5.055
Financial Currency USD
First Trade Date Milliseconds 1,512,397,800,000
Float Shares 36,425,175
Forward Eps 0.5
Forward P E 7.1
Free Cashflow -9,639,625
Full Exchange Name NasdaqCM
Full Time Employees 29
Fullday Change -0.0699999
Fullday Change Percent -1.9337
Fullday Price 3.513
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.46640998
Gross Profits 1,583,000
Has Pre Post Market Data 1
Held Percent Insiders 0.06343
Held Percent Institutions 0.27126
Implied Shares Outstanding 43,295,767
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,712,016,000
Last Split Factor 1:10
Long Business Summary NRx Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, develops therapeutics for the treatment of central nervous system disorders comprising suicidal depression, post-traumatic stress disorder (PTSD), and schizophrenia in the United States. It operates through NRx and Dura segments. The company develops NRX-101, an oral fixed-dose combination of D-cycloserine (DCS) and lurasidone in Phase 2/3 clinical testing for bipolar depression with sub-acute ideation and behavior; NRX-100, a preservative-free formulation of ketamine for intravenous infusion and for the treatment of suicidal depression; and KETAFREE, a generic preservative-free formulation of ketamine. It also provides precision-based interventional psychiatry services to patients with treatment-resistant depression and PTSD using a combination of neuroplastic drugs, transcranial magnetic stimulation (TMS), digital therapeutics, and hyperbaric therapy; ketamine infusion therapy; stellate ganglion blocks; Spravato administration; psychotherapy; and medication management. The company has a development and license agreement with Glytech LLC. NRx Pharmaceuticals, Inc. was founded in 2015 and is headquartered in Wilmington, Delaware.
Long Name NRx Pharmaceuticals, Inc.
Market us_market
Market Cap 153,699,968
Market State CLOSED
Max Age 86,400
Message Board Id finmb_319388181
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -23,480,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 156,730,676
Number Of Analyst Opinions 4
Open 3.63
Operating Cashflow -19,774,000
Operating Margins -5.90463
Payout Ratio 0.0
Phone 484 254 6134
Post Market Change -0.03699994
Post Market Change Percent -1.0422518
Post Market Price 3.513
Post Market Time 1,787,961,358
Prev Name NeuroRx, Inc.
Previous Close 3.62
Price Eps Current Year -9.861111
Price Hint 4
Price To Book -887.49994
Price To Sales Trailing12 Months 45.28579
Profit Margins 0.0
Quick Ratio 0.794
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.0699999
Regular Market Change Percent -1.9337
Regular Market Day High 3.68
Regular Market Day Low 3.5
Regular Market Day Range 3.5 - 3.68
Regular Market Open 3.63
Regular Market Previous Close 3.62
Regular Market Price 3.55
Regular Market Time 1,787,947,200
Regular Market Volume 693,742
Return On Assets -0.6399
Revenue Per Share 0.112
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 43,295,767
Shares Percent Shares Out 0.20030001
Shares Short 8,673,787
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 6,198,384
Short Name NRX Pharmaceuticals, Inc.
Short Percent Of Float 0.20889999
Short Ratio 7.48
Source Interval 15
State DE
Symbol NRXP
Target High Price 49.0
Target Low Price 10.0
Target Mean Price 38.25
Target Median Price 47.0
Total Cash 26,686,000
Total Cash Per Share 0.617
Total Debt 834,000
Total Revenue 3,394,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.5
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.81765
Two Hundred Day Average Change 0.7323499
Two Hundred Day Average Change Percent 0.2599151
Type Disp Equity
Volume 693,742
Website https://www.nrxpharma.com
Zip 19,801