NeurAxis, Inc. (NRXS)

NYSEAMERICAN: NRXS · Real-Time Price · USD
7.86
+0.41 (5.50%)
At close: Apr 24, 2026, 4:00 PM EDT
8.05
+0.19 (2.42%)
After-hours: Apr 24, 2026, 8:00 PM EDT
Market Cap87.93M +596.1%
Revenue (ttm)3.57M +32.9%
Net Income-8.62M
EPS-0.95
Shares Out 11.19M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume530,574
Open7.84
Previous Close7.45
Day's Range7.77 - 8.40
52-Week Range1.94 - 8.40
Beta1.89
AnalystsStrong Buy
Price Target13.00 (+65.39%)
Earnings DateMay 12, 2026

About NRXS

NeurAxis, Inc., a medical technology company, focuses on developing neuromodulation therapies to address chronic and debilitating conditions in children and adults in the United States. It offers IB-Stim, a percutaneous electrical nerve field stimulation system intended to be used in patients 8 years of age with functional abdominal pain associated with irritable bowel syndrome (IBS), functional dyspepsia (FD) and associated FD nausea symptoms. The company also offers rectal expulsion device, a screening tool that helps to detects evacuation di... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Aug 9, 2023
Employees 24
Stock Exchange NYSEAMERICAN
Ticker Symbol NRXS
Full Company Profile

Financial Performance

In 2025, NeurAxis's revenue was $3.57 million, an increase of 32.89% compared to the previous year's $2.69 million. Losses were -$8.62 million, 1.92% more than in 2024.

Financial Statements

Analyst Summary

According to one analyst, the rating for NRXS stock is "Strong Buy" and the 12-month stock price target is $13.0.

Price Target
$13.0
(65.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NeurAxis Expands Payer Coverage with Four New Medical Policies

CARMEL, Ind., April 22, 2026 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies for chronic ...

4 days ago - GlobeNewsWire

NeurAxis, Inc. Announces Preferred Stock Dividend

CARMEL, Ind., April 10, 2026 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies for chronic...

16 days ago - GlobeNewsWire

NeurAxis Earnings Call Transcript: Q4 2025

Q4 and FY 2025 saw double-digit revenue growth, expanded payer coverage, and operational milestones, with over 100 million covered lives and a new CPT code driving adoption. Gross margins remain strong, and liquidity is sufficient for growth, with further upside expected as policy coverage expands.

5 weeks ago - Transcripts

NeurAxis Reports Strong Fourth Quarter and Full Year 2025 Financial Results

CARMEL, Ind., March 19, 2026 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies for chronic...

5 weeks ago - GlobeNewsWire

NeurAxis Transcript: 2nd Annual Lytham Partners Healthcare Investor Summit

Significant milestones include a new Category I CPT code, expanded insurance coverage, and strong clinical data supporting a non-drug device for pediatric and adult GI disorders. Financials show solid margins and a clear path to profitability, with a focus on scaling coverage and revenue.

3 months ago - Transcripts

NeurAxis Earnings Call Transcript: Q3 2025

Q3 2025 saw 22% revenue growth and the fifth straight quarter of double-digit gains, driven by IB-STIM adoption and FDA label expansion. The new Category 1 CPT code effective in 2026 is expected to accelerate adoption and improve margins, with cash runway into H2 2026.

5 months ago - Transcripts

NeurAxis Reports Strong Third Quarter 2025 Financial Results Driven by a 22% Growth in Revenues

Conference call will be held today, Tuesday, November 11 at 9:00 am ET Conference call will be held today, Tuesday, November 11 at 9:00 am ET

5 months ago - GlobeNewsWire

NeurAxis Transcript: Lytham Partners Fall 2025 Investor Conference

IB-Stim is the first FDA-cleared treatment for pediatric functional abdominal pain and dyspepsia, addressing a major unmet need. With new NASPGHAN guideline support, a Category I CPT code effective January 2026, and expanding insurance coverage, significant market penetration and revenue growth are expected.

7 months ago - Transcripts

NeurAxis Earnings Call Transcript: Q2 2025

Q2 2025 saw 46% revenue growth, major milestones including FDA indication expansion, and assignment of a favorable Category I CPT code. Gross margin declined due to discounting, but profitability and cash flow breakeven remain on track as insurance coverage expands and new policies take effect.

9 months ago - Transcripts

NeurAxis Announces New Medical Policy Coverage with Two Health Insurers, Adding 700,000 Covered Lives

CARMEL, Ind., June 17, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing c...

11 months ago - GlobeNewsWire

NeurAxis Transcript: Lytham Partners Spring 2025 Investor Conference

A neuromodulation company is expanding its pediatric GI therapy indications, supported by strong clinical data, a new Category 1 CPT code effective in 2026, and growing insurance coverage. Recent capital raises ensure over a year of runway as the company prepares for major growth catalysts.

11 months ago - Transcripts

NeurAxis Announces Closing of $5.0 Million Registered Direct Offering

CARMEL, Ind., May 22, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing ch...

1 year ago - GlobeNewsWire

NeurAxis Announces $5.0 Million Registered Direct Offering

CARMEL, Ind., May 21, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing ch...

1 year ago - GlobeNewsWire

NeurAxis Earnings Call Transcript: Q1 2025

Double-digit revenue growth continued in Q1 2025, driven by IB-Stim and RED, with expanding insurance coverage and a new Category I CPT code set to accelerate future growth. Gross margin remains strong, and cash flow break-even is targeted as key academic guidelines and policy coverage are expected soon.

1 year ago - Transcripts

NeurAxis Reports Strong First Quarter 2025 Financial Results Driven by a 39% Growth in Revenues

CARMEL, Ind., May 12, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies for chronic a...

1 year ago - GlobeNewsWire

NeurAxis to Host First Quarter 2025 Results and Business Update Call on Monday, May 12, 2025

Financial results to be released before market open; Conference call to be conducted at 9:00 a.m. Eastern Time Financial results to be released before market open; Conference call to be conducted at 9...

1 year ago - GlobeNewsWire

NeurAxis Transcript: Planet MicroCap Showcase: VEGAS 2025

Achieved a key regulatory milestone with a category one CPT code effective 2026 and expanded insurance coverage to 51 million lives. Strong clinical data and a growing pipeline support significant market opportunity, with profitability in sight and new product launches underway.

1 year ago - Transcripts

NeurAxis Earnings Call Transcript: Q4 2024

Q4 2024 saw 43% revenue growth and expanded insurance coverage to 51 million lives. Category I CPT code and FDA label expansion position the company for accelerated growth, with breakeven targeted at $10–$12 million in annual revenue.

1 year ago - Transcripts

NeurAxis Reports Strong Fourth Quarter 2024 Financial Results Driven by a 43% Increase in Revenues

CARMEL, Ind., March 20, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies for chronic...

1 year ago - GlobeNewsWire

NeurAxis to Host Fourth Quarter and Full Year 2024 Results and Business Update Call on Thursday, March 20, 2025

CARMEL, Ind., March 12, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing ...

1 year ago - GlobeNewsWire

UPDATE - NeurAxis Announces New Medical Policy Coverage with a Prominent Insurer for Over Five Million Lives Across Multiple States

CARMEL, Ind., Jan. 21, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. ("NeurAxis," or the "Company") (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing c...

1 year ago - GlobeNewsWire

NeurAxis Announces New Medical Policy Coverage with Molina Healthcare for Over Five Million Lives Across Multiple States

CARMEL, Ind., Jan. 21, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing c...

1 year ago - GlobeNewsWire

NeurAxis Transcript: Lytham Partners 2025 Investor Healthcare Summit

A med tech firm with two FDA indications and a flagship pediatric device is rapidly expanding insurance coverage and achieved a category one CPT code effective January 2026. Q3 and Q4 2024 saw revenue growth of 40% and 50%, with further growth expected as insurance and reimbursement milestones are met.

1 year ago - Transcripts

NeurAxis Inc. Issues Letter to Shareholders

CARMEL, Ind., Jan. 13, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing c...

1 year ago - GlobeNewsWire

NeurAxis Inc. to Participate in the Lytham Partners 2025 Investor Healthcare Summit on January 13, 2025

CARMEL, Ind., Jan. 06, 2025 (GLOBE NEWSWIRE) -- NeurAxis, Inc. (“NeurAxis,” or the “Company”) (NYSE American: NRXS), a medical technology company commercializing neuromodulation therapies addressing c...

1 year ago - GlobeNewsWire