Annexon, Inc.

Fundamentals6.0
Price Action4.0
News Sentiment7.0
AI Rating
6.0

Key Drivers

  • Cash Cushion
  • No Revenue
  • R&D Burn

AI
AI Summary

6.0

ANNX has shifted from a speculative biotech story to a late-stage, binary catalyst bet with two near-registration assets and enough cash to fund the next phase, but the stock likely won't re-rate until tanruprubart and vonaprument convert early signals into clean, durable regulatory data fast enough to justify the ongoing burn.

Catalyst
ExecutionRisk
FDA‍

Price Chart

Loading chart...

Financial Metrics

-
Revenue (TTM)
-
Net Income (TTM)
-
EPS (Q)
-
MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

6.0

Key Financial Insights:

  • Cash Cushion
  • No Revenue
  • R&D Burn

ANNX has a strong cash-rich balance sheet and modest leverage, but the lack of revenue, persistent losses, and heavy R&D-driven cash burn continue to pressure fundamentals.

liquidity
cashburn

Price Behavior

4.0
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Tight range
  • Base forming
  • Resistance capped

ANNX has been drifting lower over the last month but is trying to base in a tight $5.25–$5.60 range, with near-term support at $5.25–$5.30 and a breakout only improving if it can reclaim $5.60.

ANNX
rangebound
Support Level: $5.25-$5.30; deeper $4.86
Resistance Level: $5.55-$5.60

Rally to $5.60 on 2026-08-06 faded quickly

Sentiment & News

7.0

Key News Insights:

  • GBS Data
  • Cash Runway
  • ARCHER II

Annexon boosted its financial runway and advanced key late-stage programs, highlighted by positive tanruprubart GBS data, a Q4 BLA target, and an expanded ARCHER II design for longer-term efficacy assessment.

PipelineProgress
FundingSupport

This is modestly positive for Annexon as it strengthens financing while keeping multiple clinical catalysts on track