SNDX Chart
About

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.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 1.78B
Enterprise Value 1.68B Income -311.58M Sales 111.30M
Book/sh 1.33 Cash/sh 5.23 Dividend Yield —
Payout 0.00% Employees 270 IPO —
P/E — Forward P/E -13.34 PEG —
P/S 16.03 P/B 15.46 P/C —
EV/EBITDA -5.46 EV/Sales 15.05 Quick Ratio 4.36
Current Ratio 4.64 Debt/Eq 299.26 LT Debt/Eq —
EPS (ttm) -3.60 EPS next Y -1.54 EPS Growth —
Revenue Growth 267.00% Earnings 2026-02-26 ROA -39.24%
ROE -129.32% ROIC — Gross Margin -119.70%
Oper. Margin -125.19% Profit Margin -279.93% Shs Outstand 86.91M
Shs Float 73.40M Short Float 27.45% Short Ratio 16.17
Short Interest — 52W High 22.73 52W Low 8.58
Beta 0.44 Avg Volume 1.46M Volume 633.05K
Target Price $38.92 Recom Strong_buy Prev Close $19.90
Price $20.53 Change 3.17%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$38.92
Mean price target
2. Current target
$20.53
Latest analyst target
3. DCF / Fair value
$-40.61
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$20.53
Low
$27.00
High
$56.00
Mean
$38.92

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-27 main Mizuho Outperform → Outperform $600
2025-12-09 reit BTIG Buy → Buy $56
2025-11-24 main Barclays Overweight → Overweight $35
2025-11-12 main JP Morgan Overweight → Overweight $33
2025-11-04 main UBS Buy → Buy $38
2025-11-04 main Barclays Overweight → Overweight $22
2025-10-27 reit HC Wainwright & Co. Buy → Buy $40
2025-10-27 reit BTIG Buy → Buy $56
2025-09-19 reit BTIG Buy → Buy $56
2025-09-05 main Goldman Sachs Buy → Buy $24
2025-09-04 init Guggenheim — → Buy $34
2025-08-05 main Citigroup Buy → Buy $51
2025-08-05 main BTIG Buy → Buy $56
2025-07-15 main UBS Buy → Buy $35
2025-07-10 init Goldman Sachs — → Buy $18
2025-05-06 main Scotiabank Sector Perform → Sector Perform $17
2025-05-06 reit Guggenheim Buy → Buy $32
2025-03-20 main JP Morgan Overweight → Overweight $41
2025-03-04 main JP Morgan Overweight → Overweight $39
2025-03-04 main Citigroup Buy → Buy $42
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 3410 71705 — Sale at price 21.03 per share. GOLDAN KEITH ALAN Chief Financial Officer — 2026-02-09 00:00:00 D
1 17159 360819 — Sale at price 21.03 per share. METZGER MICHAEL A Chief Executive Officer — 2026-02-09 00:00:00 D
2 2082 42931 — Sale at price 20.62 per share. GOLDAN KEITH ALAN Chief Financial Officer — 2026-02-06 00:00:00 D
3 7412 152835 — Sale at price 20.62 per share. METZGER MICHAEL A Chief Executive Officer — 2026-02-06 00:00:00 D
4 48000 — — Stock Award(Grant) at price 0.00 per share. PODLESAK DENNIS G Director — 2026-02-04 00:00:00 D
5 24000 — — Stock Award(Grant) at price 0.00 per share. KATKIN KEITH A Director — 2026-02-04 00:00:00 D
6 24000 — — Stock Award(Grant) at price 0.00 per share. LEGAULT PIERRE Director — 2026-02-04 00:00:00 D
7 52250 — — Stock Award(Grant) at price 0.00 per share. GOLDAN KEITH ALAN Chief Financial Officer — 2026-02-04 00:00:00 D
8 217600 — — Stock Award(Grant) at price 0.00 per share. METZGER MICHAEL A Chief Executive Officer — 2026-02-04 00:00:00 D
9 24000 — — Stock Award(Grant) at price 0.00 per share. HUBER MARTIN H JR Director — 2026-02-04 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-313.82M-209.14M-146.17M26.87M
NetIncomeFromContinuingOperationNetMinorityInterest-318.76M-209.36M-149.34M24.93M
ReconciledDepreciation8.00K12.00K33.00K43.00K
ReconciledCostOfRevenue826.00K0.000.00
EBITDA-313.82M-209.14M-146.17M26.87M
EBIT-313.83M-209.15M-146.20M26.82M
NetInterestIncome21.16M20.95M2.73M-1.50M
InterestExpense4.93M208.00K3.14M1.90M
InterestIncome26.09M21.16M5.87M403.00K
NormalizedIncome-318.76M-209.36M-149.34M24.93M
NetIncomeFromContinuingAndDiscontinuedOperation-318.76M-209.36M-149.34M24.93M
TotalExpenses363.35M229.95M151.76M113.49M
TotalOperatingIncomeAsReported-339.67M-229.95M-151.76M26.22M
DilutedAverageShares85.62M70.37M60.76M52.06M
BasicAverageShares85.62M70.37M60.76M52.06M
DilutedEPS-3.72-2.98-2.460.48
BasicEPS-3.72-2.98-2.460.48
DilutedNIAvailtoComStockholders-318.76M-209.36M-149.34M24.93M
NetIncomeCommonStockholders-318.76M-209.36M-149.34M24.93M
OtherunderPreferredStockDividend0.000.00
NetIncome-318.76M-209.36M-149.34M24.93M
NetIncomeIncludingNoncontrollingInterests-318.76M-209.36M-149.34M24.93M
NetIncomeContinuousOperations-318.76M-209.36M-149.34M24.93M
PretaxIncome-318.76M-209.36M-149.34M24.93M
OtherIncomeExpense-247.00K-361.00K-316.00K202.00K
OtherNonOperatingIncomeExpenses-247.00K-361.00K-316.00K202.00K
NetNonOperatingInterestIncomeExpense21.16M20.95M2.73M-1.50M
InterestExpenseNonOperating4.93M208.00K3.14M1.90M
InterestIncomeNonOperating26.09M21.16M5.87M403.00K
OperatingIncome-339.67M-229.95M-151.76M26.22M
OperatingExpense362.53M229.95M151.76M113.49M
ResearchAndDevelopment241.65M163.03M118.50M88.25M
SellingGeneralAndAdministration120.88M66.92M33.26M25.24M
GeneralAndAdministrativeExpense120.88M66.92M33.26M25.24M
OtherGandA50.89M27.22M33.26M25.24M
SalariesAndWages69.98M39.70M
GrossProfit22.85M0.000.00
CostOfRevenue826.00K0.000.00
TotalRevenue23.68M0.000.00139.71M
OperatingRevenue23.68M0.000.00139.71M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber85.69M84.83M68.11M54.98M
ShareIssued85.69M84.83M68.11M54.98M
NetDebt189.60M
TotalDebt345.74M1.64M1.16M20.97M
TangibleBookValue288.12M554.20M467.45M408.37M
InvestedCapital631.80M554.20M467.45M428.26M
WorkingCapital499.51M522.78M460.72M427.71M
NetTangibleAssets288.12M554.20M467.45M408.37M
CapitalLeaseObligations2.06M1.64M1.16M1.07M
CommonStockEquity288.12M554.20M467.45M408.37M
TotalCapitalization619.69M554.20M467.45M428.26M
TotalEquityGrossMinorityInterest288.12M554.20M467.45M408.37M
StockholdersEquity288.12M554.20M467.45M408.37M
GainsLossesNotAffectingRetainedEarnings163.00K218.00K-806.00K45.00K
OtherEquityAdjustments163.00K218.00K-806.00K45.00K
RetainedEarnings-1.22B-902.40M-693.04M-543.70M
AdditionalPaidInCapital1.51B1.46B1.16B952.02M
CapitalStock9.00K8.00K7.00K6.00K
CommonStock9.00K8.00K7.00K6.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest436.69M58.68M29.79M41.29M
TotalNonCurrentLiabilitiesNetMinorityInterest333.14M588.00K722.00K20.61M
NonCurrentDeferredLiabilities0.00
NonCurrentDeferredRevenue0.00
LongTermDebtAndCapitalLeaseObligation333.14M588.00K722.00K20.61M
LongTermCapitalLeaseObligation1.58M588.00K722.00K711.00K
LongTermDebt331.56M19.89M
CurrentLiabilities103.55M58.10M29.07M20.68M
OtherCurrentLiabilities1.27M888.00K604.00K1.89M
CurrentDeferredLiabilities0.00
CurrentDeferredRevenue0.00
CurrentDebtAndCapitalLeaseObligation12.60M1.05M439.00K362.00K
CurrentCapitalLeaseObligation480.00K1.05M439.00K362.00K
CurrentDebt12.12M
OtherCurrentBorrowings12.12M
PensionandOtherPostRetirementBenefitPlansCurrent14.48M11.17M5.95M4.34M
PayablesAndAccruedExpenses75.21M44.99M22.08M14.09M
CurrentAccruedExpenses44.04M27.80M17.73M8.42M
InterestPayable4.93M0.00
Payables31.16M17.19M4.35M5.67M
OtherPayable19.54M7.23M
AccountsPayable11.63M9.96M4.35M5.67M
TotalAssets724.82M612.88M497.24M449.66M
TotalNonCurrentAssets121.76M32.00M7.45M1.26M
OtherNonCurrentAssets217.00K680.00K922.00K
InvestmentsAndAdvances119.52M29.83M5.47M0.00
InvestmentinFinancialAssets119.52M29.83M
AvailableForSaleSecurities119.52M29.83M
NetPPE2.02M1.50M1.06M1.26M
AccumulatedDepreciation-419.00K-411.00K-399.00K-443.00K
GrossPPE2.44M1.91M1.46M1.70M
Leases167.00K167.00K167.00K167.00K
OtherProperties2.11M1.57M1.12M1.37M
MachineryFurnitureEquipment168.00K168.00K168.00K168.00K
Properties0.000.000.000.00
CurrentAssets603.06M580.88M489.79M448.40M
OtherCurrentAssets612.00K63.00K117.00K150.00K
RestrictedCash0.00115.00K
PrepaidAssets5.29M2.00M1.22M872.00K
Inventory366.00K0.00
FinishedGoods36.00K0.00
WorkInProcess330.00K0.00
RawMaterials0.000.00
Receivables13.87M1.23M4.06M429.00K
OtherReceivables3.63M
AccruedInterestReceivable2.63M1.23M583.00K429.00K
NotesReceivable3.47M0.00
AccountsReceivable7.60M0.003.47M0.00
CashCashEquivalentsAndShortTermInvestments582.91M577.58M484.40M446.83M
OtherShortTermInvestments428.83M282.19M410.04M224.87M
CashAndCashEquivalents154.08M295.39M74.36M221.97M
CashEquivalents154.08M295.39M74.36M221.97M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-274.90M-160.60M-133.68M29.00M
RepaymentOfDebt0.000.00-21.00M0.00
IssuanceOfDebt0.000.00
IssuanceOfCapitalStock0.00258.09M181.39M86.34M
CapitalExpenditure-129.00K
InterestPaidSupplementalData0.000.002.06M2.00M
EndCashPosition154.30M295.61M74.47M222.08M
BeginningCashPosition295.61M74.47M222.08M115.36M
ChangesInCash-141.31M221.14M-147.61M106.72M
FinancingCashFlow353.37M264.13M172.25M118.46M
CashFlowFromContinuingFinancingActivities353.37M264.13M172.25M118.46M
NetOtherFinancingCharges343.65M576.00K
ProceedsFromStockOptionExercised9.71M6.04M11.86M31.55M
NetCommonStockIssuance0.00258.09M181.39M86.34M
CommonStockIssuance0.00258.09M181.39M86.34M
NetIssuancePaymentsOfDebt0.000.00-21.00M0.00
NetLongTermDebtIssuance0.000.00-21.00M0.00
LongTermDebtPayments0.000.00-21.00M0.00
LongTermDebtIssuance0.000.00
InvestingCashFlow-219.78M117.61M-186.19M-40.87M
CashFlowFromContinuingInvestingActivities-219.78M117.61M-186.19M-40.87M
NetInvestmentPurchaseAndSale-219.78M117.61M-186.41M-40.74M
SaleOfInvestment337.28M472.21M308.93M253.97M
PurchaseOfInvestment-557.05M-354.61M-495.35M-294.72M
NetPPEPurchaseAndSale0.000.00225.00K-129.00K
SaleOfPPE0.000.00225.00K0.00
PurchaseOfPPE0.000.00-129.00K
OperatingCashFlow-274.90M-160.60M-133.68M29.13M
CashFlowFromContinuingOperatingActivities-274.90M-160.60M-133.68M29.13M
ChangeInWorkingCapital13.27M31.86M1.66M-9.60M
ChangeInOtherWorkingCapital12.00M10.71M-3.47M-13.13M
ChangeInOtherCurrentAssets463.00K0.000.00
ChangeInPayablesAndAccruedExpense20.80M20.48M8.10M4.93M
ChangeInAccruedExpense19.14M14.87M9.42M2.77M
ChangeInPayable1.67M5.61M-1.32M2.16M
ChangeInAccountPayable1.67M5.61M-1.32M2.16M
ChangeInPrepaidAssets-8.39M676.00K-2.97M-1.39M
ChangeInInventory-366.00K0.000.00
ChangeInReceivables-11.24M0.000.000.00
ChangesInAccountReceivables-7.60M0.000.00
OtherNonCashItems1.02M739.00K1.52M187.00K
StockBasedCompensation43.03M30.95M16.02M13.32M
AmortizationOfSecurities-13.47M-14.80M-3.38M644.00K
DepreciationAmortizationDepletion8.00K12.00K33.00K43.00K
DepreciationAndAmortization8.00K12.00K33.00K43.00K
Depreciation8.00K12.00K33.00K43.00K
OperatingGainsLosses-187.00K-389.00K
GainLossOnInvestmentSecurities-187.00K-389.00K
NetIncomeFromContinuingOperations-318.76M-209.36M-149.34M24.93M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for SNDX
Date User Asset Broker Type Position Size Entry Price Patterns