Company Overview
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 changed its name to Tenax Therapeutics, Inc. in September 2014. Tenax Therapeutics, Inc. was founded in 1967 and is headquartered in Chapel Hill, North Carolina.
Growth & Price Performance
Stock Price Performance
| 1 Year: | +109.81% |
| 6 Months: | +0.77% |
| 3 Months: | +4.48% |
| 1 Month: | -24.91% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)40.83 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading 28.8% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TENX Tenax Therapeutics, Inc. | 13.05 | -8.82 | $346.15M | 0.00% | -58.09% | -59.80% | - | - |
| 2 | UNH UnitedHealth Group Incorporated SPX | 414.40 | 31.23 | $376.34B | 2.18% | 9.74% | 12.18% | 10.40% | 5.43% |
| 3 | WAT Waters Corporation SPX | 400.00 | 50.96 | $39.27B | 0.00% | 20.92% | 5.21% | 4.60% | 2.80% |
| 4 | ZTS Zoetis Inc. SPX | 74.39 | 12.20 | $31.19B | 2.74% | 27.18% | 67.75% | 5.92% | 18.61% |
| 5 | ZBH Zimmer Biomet Holdings, Inc. SPX | 98.16 | 25.43 | $18.99B | 1.02% | 6.61% | 6.07% | 4.50% | -0.54% |
| 6 | BTSG BrightSpring Health Services, Inc. R2K | 59.71 | 77.55 | $11.72B | 0.00% | 6.47% | 9.23% | 18.69% | - |
| 7 | NUVL Nuvalent, Inc. R2K | 123.96 | -20.46 | $9.12B | 0.00% | -31.35% | -41.19% | - | - |
| 8 | IBRX ImmunityBio, Inc. R2K | 7.17 | -8.44 | $7.51B | 0.00% | -58.17% | 70.21% | 54.76% | - |
| 9 | BLTE Belite Bio, Inc | 158.50 | -62.16 | $6.35B | 0.00% | -10.07% | -18.93% | - | -171.21% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jan 2015 | Mar 2015 | Jun 2015 | Jul 2015 | Sep 2015 | Oct 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.34M | 11.79M | 16.81M | 16.45M | 16.57M | - |
| Operating Income | -3.13M | -3.20M | -4.87M | -3.11M | -3.10M | -3.75M | -5.71M | 4.67M | 4.50M | 3.50M | 3.01M | 1.31M | 1.22M | 1.89M | 1.55M | 1.66M | 1.82M | 2.26M | 2.67M | 2.14M | 2.23M | 23.75M | 1.96M | 3.80M | 2.72M | 2.86M | 2.92M | -1.54M | 1.24M | 2.12M | -3.91M | -3.67M | -4.62M | - | -11.34M | -11.79M | -16.81M | -16.45M | -16.57M | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -11.34M | -10.85M | -15.80M | -15.54M | -16.57M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -465 | 0 | 0 | 0 | 0 | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10.41M | -10.85M | -15.80M | -15.54M | -15.72M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | -2.87M | -2.94M | -4.75M | -3.03M | -2.92M | -3.52M | -5.36M | 4.64M | 4.27M | 3.28M | 2.99M | 1.23M | 1.19M | 1.87M | 1.54M | 1.62M | 1.76M | 2.22M | -2.65M | -2.15M | -2.22M | -23.75M | -1.72M | 3.80M | -2.72M | -2.86M | 2.92M | -1.41M | -1.11M | 1.97M | -3.80M | -3.58M | -3.96M | - | -10.41M | -10.85M | -15.80M | -15.54M | -15.72M | - |
| Diluted EPS | -0.10 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.12 | -1.83 | -0.19 | - | -0.28 | -0.27 | -0.40 | - | -0.35 | -0.35 |
| R&D Expense | 1.23M | 1.58M | 1.95M | 1.75M | 1.68M | 2.52M | 3.94M | -3.43M | -3.23M | -2.05M | -1.22M | -253.97K | -58.59K | -311.15K | -362.63K | -482.77K | -649.25K | -916.98K | -1.34M | 1.27M | 1.05M | 22.38M | 693.22K | 1.16M | 1.18M | 1.52M | 1.54M | 265.74K | 197.90K | 1.07M | 2.68M | 2.33M | 3.11M | - | 5.68M | 6.12M | 10.33M | - | 11.54M | 12.85M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Apr 2011 | Apr 2012 | Apr 2013 | Apr 2014 | Apr 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 103.17K | 363.78K | 1.19M | 158.93K | 49.29K | 0 | - | - | - | - | - | 0 | 0 | 0 | 0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 103.17K | 49.27K | 49.57K | -104.07K | 0 | 0 | - | - | - | - | - | - | - | - | - |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | 11.05M | 8.23M | 19.49M | 56.38M |
| Operating Income | 10.56M | -8.22M | -5.19M | -16.61M | -14.82M | -52.65M | -9.21M | -6.89M | -8.56M | 9.87M | - | -11.05M | -8.23M | -19.49M | -56.38M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | -10.93M | -7.68M | -17.58M | -52.60M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | 4.44K | 24.00K | 23.00K | 0 |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | -11.05M | -7.71M | -17.60M | -52.60M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 10.45M | -15.71M | -9.42M | -19.54M | -14.08M | -43.92M | -8.84M | -14.14M | -8.39M | -9.85M | - | -11.05M | -7.71M | -17.60M | -52.60M |
| Diluted EPS | -0.45 | -14.07 | -6.68 | -2.71 | - | - | - | - | - | - | - | -600.71 | -31.04 | -1.15 | -1.34 |
| R&D Expense | 2.68M | 2.46M | 2.46M | 3.00M | 6.66M | 13.14M | 3.53M | 1.24M | 3.47M | 4.56M | 25.15M | 5.38M | 3.23M | 12.71M | 32.67M |
Balance Sheet (Annual)
Figures in USD.
| Metric | May 1967 | Apr 2010 | Apr 2011 | Apr 2012 | Apr 2013 | Apr 2014 | Apr 2015 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 2.92M | 4.14M | 3.18M | 93.43M | 82.91M | 72.99M | 23.34M | 9.89M | 13.34M | 6.37M | 6.87M | - | 3.40M | 11.69M | 96.69M | 104.23M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.21M | 11.68M | 96.69M | 104.23M |
| Cash & Equivalents | 0 | 632.71K | 951.94K | 1.88M | 783.53K | 58.32M | 7.93M | 3.66M | 10.00M | 1.60M | 12.37M | 4.91M | 6.25M | - | 2.12M | 9.79M | 94.85M | 97.56M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | 6.65M | 4.49M | 4.96M | 10.54M | 12.48M | 12.56M | 6.20M | 1.01M | 1.57M | 2.59M | 2.24M | - | 1.91M | 3.59M | 4.69M | 7.16M |
| Current Liabilities | - | - | 2.18M | 3.13M | 1.91M | 2.57M | 4.52M | 4.60M | 6.20M | 1.01M | 1.57M | 2.53M | 2.12M | - | 1.85M | 3.59M | 4.69M | 7.16M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | 290.78K | 807.89K | 501.00K | - | - |
| Total Equity | - | 2.13M | -3.72M | -346.05K | -1.78M | 82.86M | 70.43M | 60.42M | 17.14M | 8.88M | 11.77M | 3.77M | 4.63M | - | 1.49M | 8.10M | 91.99M | 97.07M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 28.65K | 298.28K | 3.42M | 9.31M |
Cash Flows (Annual)
Figures in USD.
| Metric | Apr 2011 | Apr 2012 | Apr 2013 | Apr 2014 | Apr 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -8.40M | -8.28M | -4.92M | -9.26M | -9.75M | -15.87M | -12.14M | -5.50M | -7.56M | -9.27M | - | -11.39M | -5.90M | -14.81M | -35.80M |
| Investing Cash Flow | -463.94K | -261.15K | -147.99K | -147.04K | -40.93M | 22.21M | 3.75M | 7.35M | -1.65K | 20.11K | 452.61K | -2.32K | 3.00K | 0 | - |
| Financing Cash Flow | 9.19M | 9.47M | 3.97M | 66.95M | 280.59K | 0 | 0 | 8.91M | 96.50K | 10.60M | - | 7.93M | 13.57M | 99.87M | 38.51M |
| Capital Expenditure | -240.82K | -17.65K | -17.20K | -9.80K | -4.23K | -2.88K | -4.54K | -7.59K | -3.57K | -3.49K | -5.25K | -2.32K | - | - | - |
| Free Cash Flow | -8.64M | -8.30M | -4.94M | -9.27M | -9.75M | -15.87M | -12.15M | -5.51M | -7.56M | -9.28M | - | -11.39M | -5.90M | -14.81M | -35.80M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | -3.46M | 7.67M | 85.06M | 2.71M |
Ratios (Annual)
Figures in %.
| Metric | Apr 2011 | Apr 2012 | Apr 2013 | Apr 2014 | Apr 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 100.0% | 13.5% | 4.2% | -65.5% | 0.0% | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 10,238.4% | -2,259.7% | -435.7% | -10,452.1% | -30,062.8% | - | - | - | - | - | - | - | - | - | - |
| Net Margin % | 10,127.6% | -4,319.2% | -790.6% | -12,296.2% | -28,571.6% | - | - | - | - | - | - | - | - | - | - |
| ROE % | -280.5% | 4,540.6% | 529.6% | -23.6% | -20.0% | -256.3% | -99.5% | -120.2% | -222.5% | -213.0% | - | -740.1% | -95.2% | -19.1% | -54.2% |
| ROCE % | 1,429.1% | -809.8% | -408.2% | -18.3% | -18.9% | -307.2% | -103.6% | -58.6% | -223.2% | 207.8% | - | -709.9% | -101.7% | -21.2% | -58.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Price (T.Rowe) Associates Inc | 11.13% | 2.95M | $42.29M |
| 2 | Janus Henderson Group PLC | 6.84% | 1.82M | $26.02M |
| 3 | Venrock Adviser, LLC | 6.32% | 1.68M | $24.01M |
| 4 | Perceptive Advisors Llc | 5.46% | 1.45M | $20.75M |
| 5 | Ikarian Capital, LLC | 3.84% | 1.02M | $14.58M |
| 6 | Stonepine Capital Management, LLC | 3.68% | 975.20K | $13.97M |
| 7 | Logos Global Management LP | 2.36% | 625.00K | $8.96M |
| 8 | Morgan Stanley | 2.25% | 596.56K | $8.55M |
| 9 | Velan Capital Investment Management LP | 2.20% | 583.33K | $8.36M |
| 10 | Adage Capital Partners GP L.L.C. | 2.04% | 540.13K | $7.74M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TENX
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 Therapeutics” or the “Company”) today re…
Wall Street Analysts Predict a 121.36% Upside in Tenax Therapeutics (TENX): Here's What You Should Know
The mean of analysts' price targets for Tenax Therapeutics (TENX) points to a 121.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimat…
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 using clinical insights to develop novel ca…
Wall Street Set to Open Higher in Thursday Trading; US Adds Only 57,000 Jobs in June
US stocks look set to open higher in Thursday's trading session as investors parse key employment da
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 Therapeutics, Inc. (Nasdaq: TENX) (“Tenax…
Tenax Therapeutics Reports First Quarter 2026 Financial Results and Provides Corporate Update
On track to report topline data from Phase 3 LEVEL study of TNX-103 in third quarter of 2026 Global Phase 3 LEVEL-2 clinical trial ongoing, enrollment completion anticipated by end of 2027 Strengthened leadership team with appointments of T…
TENX — Frequently Asked Questions
What is the current share price of Tenax Therapeutics, Inc. (TENX)?
As of 2026-08-05 17:25 PDT, Tenax Therapeutics, Inc. (TENX) trades at $13.05 on NasdaqCM. Its 52-week range is $5.85 to $18.32.
What is the market capitalisation of TENX?
Tenax Therapeutics, Inc. (TENX) has a market capitalisation of $346.15M on NasdaqCM.
What is the P/E ratio of TENX?
TENX trades at a trailing price-to-earnings (P/E) ratio of -8.82. The industry average P/E is 25.51. Its price-to-book (P/B) ratio is 6.26.
What is the return on equity (ROE) of TENX?
TENX has a return on equity (ROE) of -59.80%. Its return on capital employed (ROCE) is -58.09%.
Is TENX a good stock to buy?
This page provides a data-driven analysis of Tenax Therapeutics, Inc. (TENX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.