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Syndax Pharmaceuticals, Inc. (SNDX)

Healthcare | Biotechnology | New York, United States | NasdaqGS
19.54 USD -0.62 (-3.075%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 19.39 -0.15 (-0.150%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:19 a.m. EDT

Syndax presents a classic 'value trap' scenario where aggressive analyst targets and biotech hype clash with deteriorating financial reality. While the company boasts a 92% revenue surge, the bottom line is bleeding heavily, with gross and operating margins deeply negative and a massive cash burn that has eroded equity to a fraction of book value. The balance sheet is precarious, with debt significantly outweighing cash reserves, creating a high-risk environment for a small-cap biotech. The recent price action shows some resilience, trading near its 50-day average, but the statistical forecast offers no directional clarity, reflecting the asset's high noise-to-signal ratio. The options market confirms this tension, with heavy speculation on both a miraculous recovery and a catastrophic failure, but the fundamental fundamentals—specifically the inability to generate profit or cover debt—are currently too weak to support a confident long-term entry.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.065575
AutoTheta0.067145
AutoETS0.067176
AutoARIMA0.067176

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 42%
H-stat 0.02
Ljung-Box p 0.000
Jarque-Bera p 0.124
Excess Kurtosis -0.71
Attribute Value
Sector Healthcare
Debt to Equity Ratio 3903.451
Revenue per Share 2.873
Market Cap 1,731,440,000
Forward P/E -23.95
Beta 0.37
Profit Margins -87.52%
Website https://syndax.com

As of Aug. 22, 2026, 4:19 a.m. EDT: Speculators are positioning for significant volatility rather than a specific directional breakout. Call Open Interest is heavily skewed out-of-the-money (OTM) at strikes like $22 and $26, suggesting bets on a sharp rally, while Put Open Interest clusters deep OTM at $12-$17, indicating a hedge against a crash. However, the lack of substantial volume in the deep ITM puts and the massive IV spike on distant $8 calls suggest the market is pricing in a binary event or extreme uncertainty rather than a steady trend. The net positioning is defensive with a speculative upside bias.


Info Dump

Attribute Value
52 Week Change 0.2121588
Address1 730 Third Avenue
Address2 9th Floor
All Time High 29.86
All Time Low 3.39
Ask 24.94
Ask Size 2
Audit Risk 6
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 1,101,910
Average Daily Volume3 Month 1,794,958
Average Volume 1,794,958
Average Volume10Days 1,101,910
Beta 0.373
Bid 14.19
Bid Size 2
Board Risk 7
Book Value 0.169
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 19.54
Current Ratio 6.772
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 20.045
Day Low 19.47
Debt To Equity 3,903.451
Display Name Syndax Pharmaceuticals
Earnings Call Timestamp End 1,785,873,600
Earnings Call Timestamp Start 1,785,873,600
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,793,649,600
Earnings Timestamp Start 1,793,649,600
Ebitda -194,160,000
Ebitda Margins -0.76971
Enterprise To Ebitda -9.168
Enterprise To Revenue 7.056
Enterprise Value 1,779,981,056
Eps Current Year -1.93483
Eps Forward -0.81594
Eps Trailing Twelve Months -2.43
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.8713
Fifty Day Average Change -1.3312988
Fifty Day Average Change Percent -0.063786104
Fifty Two Week Change Percent 21.21588
Fifty Two Week High 25.59
Fifty Two Week High Change -6.049999
Fifty Two Week High Change Percent -0.23642045
Fifty Two Week Low 12.99
Fifty Two Week Low Change 6.550001
Fifty Two Week Low Change Percent 0.50423414
Fifty Two Week Range 12.99 - 25.59
Financial Currency USD
First Trade Date Milliseconds 1,456,929,000,000
Float Shares 80,295,047
Forward Eps -0.81594
Forward P E -23.94784
Free Cashflow -150,078,624
Full Exchange Name NasdaqGS
Full Time Employees 298
Fullday Change -0.619999
Fullday Change Percent -3.07539
Fullday Price 19.39
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins -0.08007
Gross Profits -20,198,000
Has Pre Post Market Data 1
Held Percent Insiders 0.01687
Held Percent Institutions 1.26188
Implied Shares Outstanding 88,610,027
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
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 1,731,440,000
Market State CLOSED
Max Age 86,400
Message Board Id finmb_27240138
Most Recent Quarter 1,782,777,600
Net Income To Common -220,764,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,801,122,224
Number Of Analyst Opinions 11
Open 19.98
Operating Cashflow -220,640,000
Operating Margins -0.54947
Overall Risk 7
Payout Ratio 0.0
Phone 781 419 1400
Post Market Change -0.15000153
Post Market Change Percent -0.76766384
Post Market Price 19.39
Post Market Time 1,787,959,806
Previous Close 20.16
Price Eps Current Year -10.099079
Price Hint 2
Price To Book 115.62131
Price To Sales Trailing12 Months 6.863957
Profit Margins -0.87518
Quick Ratio 6.291
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.16667
Region US
Regular Market Change -0.619999
Regular Market Change Percent -3.07539
Regular Market Day High 20.045
Regular Market Day Low 19.47
Regular Market Day Range 19.47 - 20.045
Regular Market Open 19.98
Regular Market Previous Close 20.16
Regular Market Price 19.54
Regular Market Time 1,787,947,201
Regular Market Volume 1,042,312
Return On Assets -0.18673
Return On Equity -2.55925
Revenue Growth 0.918
Revenue Per Share 2.873
Sand P52 Week Change 0.20204377
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 8
Shares Outstanding 88,610,027
Shares Percent Shares Out 0.2565
Shares Short 22,902,431
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 20,816,110
Short Name Syndax Pharmaceuticals, Inc.
Short Percent Of Float 0.2609
Short Ratio 15.85
Source Interval 15
State NY
Symbol SNDX
Target High Price 57.0
Target Low Price 26.0
Target Mean Price 37.54545
Target Median Price 37.0
Total Cash 554,265,984
Total Cash Per Share 6.207
Total Debt 589,382,016
Total Revenue 252,251,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.43
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 20.891525
Two Hundred Day Average Change -1.3515244
Two Hundred Day Average Change Percent -0.06469247
Type Disp Equity
Volume 1,042,312
Website https://syndax.com
Zip 10,017