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Syndax Pharmaceuticals, Inc. (SNDX)

Healthcare | Biotechnology | New York, United States | NasdaqGS
22.89 USD -0.72 (-3.050%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 22.89

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:42 a.m. EDT

The investment case here is severely compromised by a deteriorating business model. Despite a recent price rebound, the company is burning cash aggressively with negative free cash flow and operating margins, while revenue growth has stalled. The balance sheet is fragile, with debt nearly matching cash reserves and a massive debt-to-equity ratio indicating significant leverage risk. The recent price drop of nearly 60% year-over-year suggests the market has already priced in a failure to deliver on its pipeline, turning what was once a growth story into a value trap. With no dividend to provide income and fundamentals showing structural weakness, the risk-reward profile is unfavorable for both short-term traders and long-term investors.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.064140
AutoETS0.064187
AutoARIMA0.064188
MSTL0.064485

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 35%
H-stat 9.00
Ljung-Box p 0.000
Jarque-Bera p 0.361
Excess Kurtosis 0.29
Attribute Value
Sector Healthcare
Debt to Equity Ratio 829.753
Revenue per Share 2.492
Market Cap 2,028,283,392
Forward P/E -43.76
Beta 0.37
Profit Margins -112.01%
Website https://syndax.com

As of July 11, 2026, 6:42 a.m. EDT: Speculators are positioning defensively with heavy put volume and open interest concentrated near the current price ($22-$25), creating a significant wall of resistance. While there is some call activity at higher strikes ($39-$40), the implied volatility is elevated across the board, suggesting the market expects a volatile range-bound move rather than a decisive breakout. The lack of deep out-of-the-money call volume indicates limited speculative fervor for a massive rally in the near term.


Info Dump

Attribute Value
52 Week Change 1.3969543
Address1 730 Third Avenue
Address2 9th Floor
All Time High 29.86
All Time Low 3.39
Ask 28.77
Ask Size 2
Audit Risk 6
Average Daily Volume10 Day 2,695,570
Average Daily Volume3 Month 1,937,681
Average Volume 1,937,681
Average Volume10Days 2,695,570
Beta 0.369
Bid 16.72
Bid Size 2
Board Risk 7
Book Value 0.47
City New York
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 22.89
Current Ratio 5.468
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 23.325
Day Low 22.26
Debt To Equity 829.753
Display Name Syndax Pharmaceuticals
Earnings Call Timestamp End 1,777,581,000
Earnings Call Timestamp Start 1,777,581,000
Earnings Timestamp 1,777,579,200
Earnings Timestamp End 1,777,579,200
Earnings Timestamp Start 1,777,579,200
Ebitda -223,768,000
Ebitda Margins -1.03036
Enterprise To Ebitda -8.993
Enterprise To Revenue 9.266
Enterprise Value 2,012,404,480
Eps Current Year -1.69724
Eps Forward -0.52311
Eps Trailing Twelve Months -2.7
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.0788
Fifty Day Average Change 2.8111992
Fifty Day Average Change Percent 0.14000833
Fifty Two Week Change Percent 139.69543
Fifty Two Week High 25.59
Fifty Two Week High Change -2.7000008
Fifty Two Week High Change Percent -0.10551
Fifty Two Week Low 9.03
Fifty Two Week Low Change 13.86
Fifty Two Week Low Change Percent 1.5348837
Fifty Two Week Range 9.03 - 25.59
Financial Currency USD
First Trade Date Milliseconds 1,456,929,000,000
Float Shares 79,608,134
Forward Eps -0.52311
Forward P E -43.757526
Free Cashflow -186,008,496
Full Exchange Name NasdaqGS
Full Time Employees 298
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins -0.23174
Gross Profits -50,328,000
Has Pre Post Market Data 1
Held Percent Insiders 0.017
Held Percent Institutions 1.16997
Implied Shares Outstanding 88,610,027
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Syndax Pharmaceuticals, Inc., a commercial-stage biopharmaceutical company, develops therapies for the treatment of cancer. Its lead product candidate includes Revuforj (revumenib), a menin inhibitor for the treatment of relapsed or refractory R/R acute leukemia; and Niktimvo (axatilimab-csfr), a colony stimulating factor-1 receptor blocking antibody to treat chronic graft-versus-host disease. The company is also developing revumenib for the treatment of R/R acute myeloid leukemia (AML) with a nucleophosmin 1 mutation (mNPM1) and in combination with standard-of-care agents in mNPM1 AML or KMT2Ar acute leukemia, as well as for metastatic colorectal cancer; axatilimab to treat idiopathic pulmonary fibrosis; and Entinostat, a Class 1 HDAC inhibitor. It has an agreement with Eddingpharm International Company Limited for licensing, development, and commercialization of Entinostat. Syndax Pharmaceuticals, Inc. was incorporated in 2005 and is headquartered in New York, New York.
Long Name Syndax Pharmaceuticals, Inc.
Market us_market
Market Cap 2,028,283,392
Market State PREPRE
Max Age 86,400
Message Board Id finmb_27240138
Most Recent Quarter 1,774,915,200
Net Income To Common -243,248,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,092,968,837
Number Of Analyst Opinions 12
Open 23.325
Operating Cashflow -278,163,008
Operating Margins -0.52729
Overall Risk 7
Payout Ratio 0.0
Phone 781 419 1400
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 22.89
Post Market Time 1,783,981,118
Previous Close 23.61
Price Eps Current Year -13.486602
Price Hint 2
Price To Book 48.702126
Price To Sales Trailing12 Months 9.339439
Profit Margins -1.12007
Quick Ratio 4.896
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.720001
Regular Market Change Percent -3.04956
Regular Market Day High 23.325
Regular Market Day Low 22.26
Regular Market Day Range 22.26 - 23.325
Regular Market Open 23.325
Regular Market Previous Close 23.61
Regular Market Price 22.89
Regular Market Time 1,783,972,800
Regular Market Volume 1,403,376
Return On Assets -0.25124002
Return On Equity -1.89534
Revenue Growth 2.236
Revenue Per Share 2.492
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 88,610,027
Shares Percent Shares Out 0.24620001
Shares Short 21,812,785
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 16,637,071
Short Name Syndax Pharmaceuticals, Inc.
Short Percent Of Float 0.2505
Short Ratio 9.13
Source Interval 15
State NY
Symbol SNDX
Target High Price 57.0
Target Low Price 29.0
Target Mean Price 39.0
Target Median Price 37.0
Total Cash 361,239,008
Total Cash Per Share 4.077
Total Debt 345,360,000
Total Revenue 217,174,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.7
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.919374
Two Hundred Day Average Change 2.970625
Two Hundred Day Average Change Percent 0.14913245
Type Disp Equity
Volume 1,403,376
Website https://syndax.com
Zip 10,017