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Janux Therapeutics, Inc. JANX R2K

Healthcare · Biotechnology · United States
https://www.januxrx.com

Janux Therapeutics, Inc., a clinical stage biopharmaceutical company, develops immunotherapies based on Tumor Activated T Cell Engager (TRACTr), Tumor Activated Immunomodulator (TRACIr), and Adaptive Immune Response Modulator (ARM) platforms technology to treat patients with cancer. The company's clinical candidates include JANX007, a prostate-specific membrane antigen or PSMA-TRACTr, which is in Phase 1 clinical trial in adults for the treatment of metastatic castration-resistant prostate cancer and the vasculature of other tumors; and JANX008, an epidermal growth factor receptor that is in Phase 1 clinical trial for the treatment of various solid cancers, including colorectal cancer, squamous cell carcinoma of the head and neck, non-small cell lung cancer, renal cell carcinoma, small cell lung cancer, pancreatic ductal adenocarcinoma, and triple-negative breast cancer. It also develops JANX011, a CD19-targeted adaptive immune response modulator that is in phase 1 clinical study developed for autoimmune diseases. The company has strategic research collaboration agreement with Merck Sharp & Dohme Corp. to develop TRACTr product candidates; and Bristol Myers Squibb to develop and commercialize an undisclosed, novel tumor-activated therapeutic targeting a validated solid tumor antigen expressed across several human cancer types. Janux Therapeutics, Inc. was incorporated in 2017 and is headquartered in San Diego, California.

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$14.59
-38.70% 1Y

Market & Price

Market Cap
$889.76M
Current Price
$14.59
High / Low (52W)
$34.74 / $12.18
Beta
2.57

Valuation

Stock P/E
-
Industry PE
23.65
Forward P/E
-
PEG Ratio
-
Book Value
$15.47
Price to Book
0.94
P/S
64.79
EV/EBITDA
0.29
Dividend Yield
-

Profitability & Returns

ROCE
-16.15%
ROE
-11.72%
ROA
-9.44%
Profit Margin
0.00%
Op Margin
-
EPS (Latest Qtr)
$-0.39
EPS (TTM)
$-1.84

Balance Sheet & Liquidity

Debt/Equity
2.29
Quick Ratio
16.95
Current Ratio
17.01
Debt
$21.57M
Total Assets
$1.00B
Current Assets
$975.89M
Working Capital
$950.89M

Ownership

Promoter Holding
6.73%
Chg in Prom Hold
-
FII / Inst Holding
102.66%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$-45.05M
Total Revenue (TTM)
$13.73M
EBITDA
$-155.00M
Free Cash Flow
$-54.01M
Operating Cash Flow
$-77.55M
Shares Outstanding
60.98M
Gross Margin
0.00%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
5.11%
Profit 5Y
-26.73%
Revenue (YoY)
-
Earnings (YoY)
-

PROS

No notable strengths flagged.

CONS

  • Earnings shrank at -26.7% CAGR over 5 years.
  • Trading 58.0% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 JANX Janux Therapeutics, Inc. R2K 14.59 - $889.76M - -16.15% -11.72% 5.11% -26.73%
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
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Quarterly Results

Figures in USD.

Metric Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 00380.00K482.00K1.16M1.59M2.37M1.81M2.05M1.06M2.52M1.25M8.90M439.00K0010.00M03.73M
Cost of Revenue -------------------
Gross Profit -------------------
Operating Expenses --------------34.90M45.12M45.25M42.40M37.95M
Operating Income -1.11M-1.26M-2.28M-6.25M-10.90M-13.54M-17.26M-18.02M-20.28M-20.75M-15.81M-20.16M-13.82M-35.84M-34.90M-45.12M-35.25M-42.40M-34.21M
EBITDA ---------------34.38M-44.58M-34.75M-41.93M-33.74M
Interest Expense -------------------
Pretax Income ---------------23.51M-33.86M-24.31M-31.95M-24.36M
Tax Provision -------------------
Net Income -2.46M-1.26M-2.28M-6.21M-10.77M-13.41M-16.89M-16.70M-17.46M-17.51M-11.57M-14.76M-5.96M-28.06M-23.51M-33.86M-24.31M-31.95M-24.36M
Diluted EPS ----0.62-0.26-0.32-0.41-0.40-0.42-0.42-0.25-0.30-0.11-0.51-0.38-0.55-0.39-0.51-0.39
R&D Expense 673.00K834.00K1.93M4.74M8.41M10.18M14.09M13.74M15.87M14.92M11.89M14.07M14.90M18.61M25.05M34.66M34.63M-26.81M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 0-8.61M8.08M10.59M10.00M
Cost of Revenue ------
Gross Profit ------
Operating Expenses --75.70M81.06M109.44M167.67M
Operating Income -4.84M--67.09M-72.98M-98.85M-157.67M
EBITDA ---66.25M-71.02M-96.79M-155.64M
Interest Expense -0----
Pretax Income ---63.06M-58.29M-68.99M-113.62M
Tax Provision ------
Net Income -6.78M--63.06M-58.29M-68.99M-113.62M
Diluted EPS --1.39-1.52-1.32-1.28-
R&D Expense 3.04M26.24M53.44M54.92M68.39M125.90M

Compounded Sales Growth

5 Years:5.11%
1 Year:-

Compounded Profit Growth

5 Years:-26.73%
1 Year:-

Stock Price Performance

1 Year:-38.70%
6 Months:-58.00%
3 Months:+7.20%
1 Month:+3.40%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -16.22M-364.01M380.41M1.06B1.00B
Current Assets ---332.44M349.24M1.03B975.89M
Cash & Equivalents -7.81M-51.43M19.20M430.61M52.33M
Inventory -------
Receivables --0----
Total Liabilities -9.23M-43.27M36.06M38.73M44.74M
Current Liabilities -3.18M-16.51M13.03M17.46M25.00M
Long Term Debt -------
Total Debt ---25.30M24.54M23.02M22.14M
Total Equity -7.94M-14.64M-320.74M344.35M1.02B956.82M
Shares Outstanding ---41.62M46.25M59.06M60.38M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -4.37M--42.92M-50.58M-43.81M-82.23M
Investing Cash Flow 0-58.27M-41.19M-258.02M-300.98M
Financing Cash Flow 11.52M-500.00K59.55M713.24M4.95M
Capital Expenditure -0--6.45M-1.85M-359.00K-1.04M
Free Cash Flow -4.37M--49.37M-52.42M-44.17M-83.28M
Net Change in Cash --15.84M-32.22M411.40M-378.27M

Ratios (Annual)

Figures in %.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ------
Operating Margin % ---779.0%-902.9%-933.6%-1,576.7%
Net Margin % ---732.2%-721.2%-651.6%-1,136.2%
ROE % 46.3%--19.7%-16.9%-6.7%-11.9%
ROCE % -37.2%--19.3%-19.9%-9.5%-16.1%

Shareholding Pattern

Insiders
6.73%
Institutions
102.66%
Public Float
110.07%

Top Institutional Holders

#Holder% HeldSharesValue
1 RA Capital Management, L.P. 18.35% 11.19M $163.26M
2 Blackrock Inc. 8.91% 5.43M $79.27M
3 Janus Henderson Group PLC 6.88% 4.20M $61.23M
4 Prosight Management, Lp 5.82% 3.55M $51.79M
5 FMR, LLC 4.16% 2.54M $37.00M
6 State Street Corporation 4.04% 2.46M $35.95M
7 Vanguard Capital Management LLC 2.97% 1.81M $26.43M
8 TCG Crossover Management, LLC 2.93% 1.79M $26.11M
9 Alyeska Investment Group, L.p. 2.63% 1.60M $23.36M
10 Wellington Management Group, LLP 2.62% 1.60M $23.31M

Analyst View

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