Tenax Therapeutics, Inc. (TENX)
| Market Cap | 122.01M -48.5% |
| Revenue (ttm) | n/a |
| Net Income | -64.86M |
| EPS | -1.47 |
| Shares Out | 57.28M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,807,598 |
| Open | 2.160 |
| Previous Close | 2.190 |
| Day's Range | 2.120 - 2.290 |
| 52-Week Range | 1.310 - 19.400 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 11.70 (+449.3%) |
| Earnings Date | Jul 31, 2026 |
About TENX
Tenax Therapeutics, Inc., a development-stage pharmaceutical company, develops novel cardiopulmonary therapies in the United States. It develops TNX-101, TNX-102, and TNX-103 (levosimendan) that have completed phase II clinical trials for the treatment of patients with pulmonary hypertension in heart failure with preserved ejection fraction and associated pulmonary hypertension; and TNX-201 (imatinib), a tyrosine kinase inhibitor for the treatment of chronic myeloid leukemia. The company was formerly known as Oxygen Biotherapeutics, Inc. and ch... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for TENX stock is "Buy." The 12-month stock price target is $11.7, which is an increase of 449.30% from the latest price.
News
Tenax Therapeutics Announces Presentation of Phase 3 LEVEL Results in Late-Breaking Scientific Sessions at ESC Congress 2026
In patients with a baseline 6MWD below the trial median of 333 meters, treatment with TNX-103 resulted in a 26.3-meter improvement compared to placebo (p = 0.0112)
TENX Investors Have Opportunity to Join Tenax Therapeutics, Inc. Fraud Investigation with SBS Law
LOS ANGELES--(BUSINESS WIRE)---- $TENX--TENX Investors Have Opportunity to Join Tenax Therapeutics, Inc. Fraud Investigation with SBS Law.
TENX SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving Tenax Therapeutics
Tenax Therapeutics stock lost approximately 84% to 85% of its value in a single trading session after the Phase 3 LEVEL topline readout. SueWallSt notifies investors of a pending investigation into on...
Tenax Therapeutics downgraded to Neutral from Buy at Chardan
Chardan downgraded Tenax Therapeutics (TENX) to Neutral from Buy with a $5 price target down from $27, after the company announced that the LEVEL Phase III study missed its primary…
Tenax Therapeutics price target lowered to $4 from $35 at Canaccord
Canaccord lowered the firm’s price target on Tenax Therapeutics (TENX) to $4 from $35 and keeps a Buy rating on the shares. The firm noted the company reported that the…
Tenax Therapeutics price target lowered to $4 from $40 at Guggenheim
Guggenheim lowered the firm’s price target on Tenax Therapeutics (TENX) to $4 from $40 and keeps a Buy rating on the shares after the Phase 3 LEVEL trial of oral…
Tenax Therapeutics price target lowered to $4 from $26 at Leerink
Leerink lowered the firm’s price target on Tenax Therapeutics (TENX) to $4 from $26 and keeps an Outperform rating on the shares.
Tenax Therapeutics downgraded to In Line from Outperform at Evercore ISI
Evercore ISI analyst Gavin Clark-Gartner downgraded Tenax Therapeutics (TENX) to In Line from Outperform with a price target of $5, down from $39, after the LEVEL trail failed in the…
Tenax Therapeutics downgraded to Market Perform from Outperform at William Blair
William Blair analyst Matthew Phipps downgraded Tenax Therapeutics (TENX) to Market Perform from Outperform after the company announced that the Phase 3 LEVEL trial of oral levosimendan in patients wi...
Tenax Therapeutics price target lowered to $5 from $30 at Roth Capital
Roth Capital lowered the firm’s price target on Tenax Therapeutics (TENX) to $5 from $30 and keeps a Buy rating on the shares. Tenax’s Phase 3 LEVEL trial failed its…
Tenax Therapeutics Transcript: Study result
The phase III LEVEL trial in PH-HFpEF did not meet its primary endpoint, but levosimendan showed robust biomarker and hemodynamic improvements and a significant functional benefit in sicker patients with lower baseline walk distance. Future trials will focus on this responder population to maximize clinical impact.
Tenax Therapeutics Slides: Study result
Tenax Therapeutics has posted slides in relation to its latest quarterly earnings report, which was published on August 10, 2026.
Tenax Therapeutics Press release: Study result
Tenax Therapeutics issued a press release on August 10, 2026, disclosing material business information to investors.
Tenax Therapeutics reports LEVEL trial did not meet primary endpoint
Tenax Therapeutics (TENX) announced topline results from the Phase 3 LEVEL clinical trial evaluating TNX-103 in patients with PH-HFpEF. LEVEL did not meet its primary endpoint of improvement in the…
Tenax Therapeutics' heart drug misses main goal in study, shares plunge
Tenax Therapeutics said on Monday its experimental heart drug failed to meet the main goal of a late-stage study.
Tenax Therapeutics Announces Topline Results from Phase 3 LEVEL Clinical Trial of TNX-103 in Patients with PH-HFpEF
TNX-103 did not meet statistical significance on the primary endpoint of improvement in 6-minute walk distance versus placebo
Tenax Therapeutics Earnings release: Q2 2026
Tenax Therapeutics released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.
Tenax Therapeutics Quarterly report: Q2 2026
Tenax Therapeutics has published its Q2 2026 quarterly earnings report on July 31, 2026.
Tenax Therapeutics reports Q2 EPS (35c), consensus (36c)
“We are approaching an exciting moment, one for which we have been preparing since we began developing a therapy uniquely suited for PH-HFpEF. As we announced at the start of…
Tenax Therapeutics Reports Second Quarter 2026 Financial Results and Provides Corporate Update
Company expects to report topline data from Phase 3 LEVEL clinical trial in August 2026 CHAPEL HILL, N.C., July 31, 2026 (GLOBE NEWSWIRE) -- Tenax Therapeutics, Inc. (Nasdaq: TENX) (“Tenax” or “Tenax ...
Tenax Therapeutics initiated with a Buy at Canaccord
Canaccord initiated coverage of Tenax Therapeutics (TENX) with a Buy rating and $35 price target Tenax is a clinical-stage biopharma developing TNX-103 for the treatment of pulmonary hypertension asso...
Tenax Therapeutics initiated with a Buy at Canaccord
Canaccord initiated coverage of Tenax Therapeutics (TENX) with a Buy rating and $35 price target
Tenax Therapeutics initiated with an Outperform at Evercore ISI
Evercore ISI initiated coverage of Tenax Therapeutics (TENX) with an Outperform rating and $39 price target The stock is currently trading at a market cap of around $1B, reflecting skepticism…
Tenax Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
CHAPEL HILL, N.C., July 02, 2026 (GLOBE NEWSWIRE) -- Tenax Therapeutics, Inc. (Nasdaq: TENX) (“Tenax” or “Tenax Therapeutics” or the “Company”), a Phase 3, development-stage pharmaceutical company usi...
Tenax Therapeutics Announces Late-Breaking Presentation of LEVEL Clinical Trial Data at ESC Congress 2026
Abstract recently submitted in anticipation of initial data analysis ahead of ESC Company expects to report topline LEVEL results in August CHAPEL HILL, N.C., July 02, 2026 (GLOBE NEWSWIRE) -- Tenax T...