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NRIX Overview

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Intellectia

Loading chart...

High
24.595
Open
24.080
VWAP
24.25
Vol
1.24M
Mkt Cap
2.52B
Low
23.743
Amount
30.06M
EV/EBITDA(TTM)
--
Total Shares
103.41M
EV
1.95B
EV/OCF(TTM)
--
P/S(TTM)
31.25
Nurix Therapeutics, Inc. is a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of targeted protein degradation medicines, aimed at improving treatment options for patients with cancer and autoimmune diseases. The Company's wholly owned, clinical stage pipeline includes degraders of Bruton’s tyrosine kinase (BTK), a B-cell signaling protein, and inhibitors of Casitas B-lineage lymphoma proto-oncogene B (CBL-B), an E3 ligase that regulates activation of multiple immune cell types including T cells and NK cells. The Company's portfolio of targeted protein degraders of the B‑cell signaling protein BTK comprises bexobrutideg (NX‑5948) and zelebrudomide (NX‑2127). The Company's degradation inhibitor program includes NX-1607, an orally bioavailable inhibitor of CBL-B, an E3 ligase that regulates the activation of multiple immune cell types including T cells and NK cells. NX-1607 is targeted for immuno-oncology indications.
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Events Timeline

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News

PRnewswire
8.5
07-06PRnewswire
GT Biopharma Integrates AI to Accelerate Drug Development
  • AI Integration: GT Biopharma has integrated AI tools into the discovery and engineering of its tumor-targeting NK cell engagers and multi-domain proteins, with expectations to push multiple new development candidates into pre-IND development by 2027, thereby accelerating clinical timelines and reducing costs.
  • Drug Design Optimization: Utilizing AI-guided sequence and structural analyses, GT Biopharma can prioritize candidates with favorable binding, stability, and developability profiles, aiming to eliminate potential failures early in the discovery phase, thus minimizing costly fixes later in development.
  • Clinical Trial Progress: Currently, GT Biopharma's lead program GTB-3650 is in a Phase 1 trial for CD33-expressing blood cancers, while its second candidate GTB-5550 began dosing for B7-H3-expressing solid tumors in May 2026, indicating positive momentum in clinical development.
  • Future Development Potential: GT Biopharma plans to leverage its AI-enabled discovery engine to replenish its pipeline behind existing projects, targeting multiple new candidates for clinical development by 2027, thereby enhancing its competitive position in the rapidly evolving biopharmaceutical market.
NASDAQ.COM
9.0
07-03NASDAQ.COM
Roche's Divarasib Shows Positive Results in Late-Stage Study
  • Clinical Trial Success: Roche's Divarasib demonstrated significant efficacy in the Krascendo 1 study for previously treated KRAS G12C non-small cell lung cancer patients, showing clinically meaningful improvements in progression-free and overall survival, potentially establishing a new standard of care.
  • Market Competitive Edge: This study is the only global head-to-head trial comparing KRAS G12C inhibitors, with Divarasib showing superior treatment potential against Amgen's Lumakras and BMY's Krazati, which may enhance Roche's competitive position in the lung cancer market.
  • FDA Breakthrough Therapy Designation: Divarasib received Breakthrough Therapy Designation from the FDA in 2022, which is expected to expedite its approval process, addressing the urgent treatment needs of patients with KRAS G12C mutations and filling a significant market gap.
  • Strategic Collaboration Expansion: Roche entered into an exclusive licensing agreement with Nurix Therapeutics to co-develop and commercialize bexobrutideg, which is expected to provide new growth opportunities for Roche's hematology pipeline while strengthening its presence in immunology and neurology.
NASDAQ.COM
5.0
06-09NASDAQ.COM
Quantum Computing: The Next Technological Revolution
  • Technological Revolution: Quantum computing is considered a technological revolution that could surpass AI, and while some believed it was years away, it is already advancing rapidly, indicating significant market potential.
  • Industry Giants' Involvement: Major hyperscalers like Microsoft, Google, Amazon, Oracle, Meta, and Tesla are scrambling to integrate quantum computing into their infrastructure, highlighting the increasing importance of this technology and potentially sparking a new wave of competition.
  • Investment Opportunities: Senior Stock Strategist Kevin Cook has identified seven carefully selected stocks poised to dominate the quantum computing landscape, providing investors with a unique opportunity to position themselves in this emerging field amid rapid technological advancements.
  • Broad Market Outlook: Kevin Cook's recognition of NVIDIA's potential back in 2016 parallels his current focus on quantum computing, suggesting that this sector could become the next major investment hotspot, drawing significant investor interest.
NASDAQ.COM
4.5
06-08NASDAQ.COM
Mixed US Stock Market on Monday, AI Enthusiasm Boosts Chip Stocks
  • Chipmaker Recovery: Following last Friday's selloff, chipmakers and AI-infrastructure stocks saw a modest recovery on Monday, with Intel (INTC) rising over 11% after Google placed an order for three million Tensor Processing Units, indicating sustained market demand for AI technology.
  • Oil Price Volatility: WTI crude oil prices initially surged over 4% on Monday due to Iran's announcement of an end to military operations against Israel, but later retreated, highlighting market sensitivity to geopolitical risks and affecting investor demand for safe-haven assets.
  • Interest Rate Expectations Shift: The market is pricing in only a 3% chance of a 25 bp rate hike at the upcoming FOMC meeting in June, reflecting investor concerns over slowing economic growth, which pushed the 10-year T-note yield to a two-week high of 4.580%, indicating tension over future monetary policy.
  • Mixed International Market Performance: Overseas stock markets settled mixed on Monday, with the Euro Stoxx 50 falling to a two-week low while China's Shanghai Composite dropped 1.70%, demonstrating the impact of global economic uncertainty on market sentiment.
NASDAQ.COM
4.5
06-08NASDAQ.COM
US Stocks Rebound Led by Chipmakers Amid Geopolitical Tensions
  • Market Rebound: The S&P 500 Index rose by 1.01%, the Dow Jones Industrial Average increased by 0.46%, and the Nasdaq 100 Index climbed by 2.39%, indicating a recovery from last Friday's selloff, particularly driven by strong performances in chipmakers and AI infrastructure stocks.
  • Oil Price Volatility: WTI crude oil prices initially surged over 4% due to escalating tensions between Iran and Israel but retreated after Iran announced an end to its military operations, alleviating pressure on the stock market as expectations for a ceasefire emerged.
  • Interest Rate Expectations: The market is pricing in only a 3% chance of a 25 basis point rate hike at the next FOMC meeting, reflecting a cautious outlook among investors, especially following robust nonfarm payroll data, which could influence bond market dynamics.
  • Tech Stock Surge: Intel's stock surged by 11% after Google placed an order for three million Tensor Processing Units, driving a broader rally in chip stocks, highlighting the tech sector's critical role in the market recovery and potentially attracting more investor interest in related equities.
CNBC
2.0
06-08CNBC
Apple's Developer Conference Boosts Stock Amid AI Strategy Reveal
  • Apple Stock Surge: Apple's shares rose over 2% as its Worldwide Developers Conference commenced, with expectations to unveil its artificial intelligence strategy, including updates to Siri, which could further solidify its leadership in the tech industry.
  • Wix Lowers Outlook: Wix.com saw its stock drop more than 5% after revising its full-year bookings growth forecast to the low teens percentage rate, down from mid-teens, which may negatively impact market confidence and investor sentiment.
  • Crocs Rating Upgrade: Crocs' shares increased by 3% following Baird's upgrade to outperform, indicating a healthier narrative emerging in the North American market, which enhances investor confidence in its future growth prospects.
  • Cerebras Stock Surge: Cerebras Systems experienced a 20% stock increase after several Wall Street firms initiated coverage with buy ratings, reflecting strong market confidence in its AI chip technology, potentially boosting its competitiveness in the rapidly evolving AI sector.
Wall Street analysts forecast NRIX stock price to rise
13 Analyst Rating
Wall Street analysts forecast NRIX stock price to rise
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
22.00
Averages
31.08
High
41.00
Current: 0.000
sliders
Low
22.00
Averages
31.08
High
41.00
Oppenheimer
Oppenheimer
Outperform
initiated
$28
AI Analysis
2026-06-29
Reason
Oppenheimer
Oppenheimer
Price Target
$28
AI Analysis
2026-06-29
initiated
Outperform
Reason
Oppenheimer assumed coverage of Nurix Therapeutics with an Outperform rating and $28 price target. The firm likes the Nurix setup that mainly includes two very promising programs, namely Bexdeg and STAT6 degrader. Oppenheimer sees significant upside potential for Oppenheimer.
Baird
Outperform
maintain
$26 -> $33
2026-06-18
Reason
Baird
Price Target
$26 -> $33
2026-06-18
maintain
Outperform
Reason
Baird raised the firm's price target on Nurix Therapeutics (NRIX) to $33 from $26 and keeps an Outperform rating on the shares. The firm raised its target to refelct is partnership with Roche (RHHBY) and its continued clinical performance.
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Valuation Metrics

The current forward P/E ratio for Nurix Therapeutics Inc (NRIX.O) is 0.00, compared to its 5-year average forward P/E of -4.92. For a more detailed relative valuation and DCF analysis to assess Nurix Therapeutics Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-4.92
Current PE
0.00
Overvalued PE
-2.53
Undervalued PE
-7.31

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-3.01
Current EV/EBITDA
-2.07
Overvalued EV/EBITDA
-0.67
Undervalued EV/EBITDA
-5.35

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
16.36
Current PS
30.37
Overvalued PS
25.40
Undervalued PS
7.32

Financials

AI Analysis
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Quarterly

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Whales Holding NRIX

W
Wiener Städtische Wechselseitige Versicherungsverein - Vermögensverwaltung - Vienna Insurance Group
Holding
NRIX
+30.28%
3M Return
L
Logos Global Management, L.P.
Holding
NRIX
+27.09%
3M Return
R
Redmile Group, LLC
Holding
NRIX
+22.75%
3M Return
C
Commodore Capital LP
Holding
NRIX
+22.07%
3M Return
G
General Atlantic Service Company, L.P.
Holding
NRIX
+16.07%
3M Return
A
Affinity Asset Advisors, LLC
Holding
NRIX
+15.41%
3M Return

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Frequently Asked Questions

What is Nurix Therapeutics Inc (NRIX) stock price today?

The current price of NRIX is 24.4 USD — it has increased 1.5

What is Nurix Therapeutics Inc (NRIX)'s business?

Nurix Therapeutics, Inc. is a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of targeted protein degradation medicines, aimed at improving treatment options for patients with cancer and autoimmune diseases. The Company's wholly owned, clinical stage pipeline includes degraders of Bruton’s tyrosine kinase (BTK), a B-cell signaling protein, and inhibitors of Casitas B-lineage lymphoma proto-oncogene B (CBL-B), an E3 ligase that regulates activation of multiple immune cell types including T cells and NK cells. The Company's portfolio of targeted protein degraders of the B‑cell signaling protein BTK comprises bexobrutideg (NX‑5948) and zelebrudomide (NX‑2127). The Company's degradation inhibitor program includes NX-1607, an orally bioavailable inhibitor of CBL-B, an E3 ligase that regulates the activation of multiple immune cell types including T cells and NK cells. NX-1607 is targeted for immuno-oncology indications.

What is the price predicton of NRIX Stock?

Wall Street analysts forecast NRIX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NRIX is31.08 USD with a low forecast of 22.00 USD and a high forecast of 41.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Nurix Therapeutics Inc (NRIX)'s revenue for the last quarter?

Nurix Therapeutics Inc revenue for the last quarter amounts to 6.25M USD, decreased -66.12

What is Nurix Therapeutics Inc (NRIX)'s earnings per share (EPS) for the last quarter?

Nurix Therapeutics Inc. EPS for the last quarter amounts to -0.79 USD, increased 17.91

How many employees does Nurix Therapeutics Inc (NRIX). have?

Nurix Therapeutics Inc (NRIX) has 317 emplpoyees as of July 08 2026.

What is Nurix Therapeutics Inc (NRIX) market cap?

Today NRIX has the market capitalization of 2.52B USD.