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Incannex Healthcare (IXHL) Competitors

Incannex Healthcare logo
$0.15 -0.46 (-75.10%)
Closing price 04/29/2025 04:00 PM Eastern
Extended Trading
$0.15 0.00 (-1.91%)
As of 04/29/2025 07:59 PM Eastern
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IXHL vs. CNTB, MRSN, SPRO, TNYA, OKYO, RNTX, ANEB, AADI, APLT, and BLUE

Should you be buying Incannex Healthcare stock or one of its competitors? The main competitors of Incannex Healthcare include Connect Biopharma (CNTB), Mersana Therapeutics (MRSN), Spero Therapeutics (SPRO), Tenaya Therapeutics (TNYA), OKYO Pharma (OKYO), Rein Therapeutics (RNTX), Anebulo Pharmaceuticals (ANEB), Aadi Bioscience (AADI), Applied Therapeutics (APLT), and bluebird bio (BLUE). These companies are all part of the "pharmaceutical products" industry.

Incannex Healthcare vs.

Incannex Healthcare (NASDAQ:IXHL) and Connect Biopharma (NASDAQ:CNTB) are both small-cap medical companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, community ranking, analyst recommendations, media sentiment, dividends, valuation, risk, profitability and institutional ownership.

Connect Biopharma has a consensus price target of $8.00, suggesting a potential upside of 887.65%. Given Connect Biopharma's stronger consensus rating and higher possible upside, analysts plainly believe Connect Biopharma is more favorable than Incannex Healthcare.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Incannex Healthcare
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Connect Biopharma
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Incannex Healthcare has a beta of 7.54, suggesting that its share price is 654% more volatile than the S&P 500. Comparatively, Connect Biopharma has a beta of -0.22, suggesting that its share price is 122% less volatile than the S&P 500.

Incannex Healthcare has higher earnings, but lower revenue than Connect Biopharma.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Incannex Healthcare$98K27.68-$18.46M-$1.39-0.11
Connect Biopharma$24.12M1.86-$59.50MN/AN/A

Connect Biopharma's return on equity of 0.00% beat Incannex Healthcare's return on equity.

Company Net Margins Return on Equity Return on Assets
Incannex HealthcareN/A -289.30% -154.96%
Connect Biopharma N/A N/A N/A

Connect Biopharma received 19 more outperform votes than Incannex Healthcare when rated by MarketBeat users.

CompanyUnderperformOutperform
Incannex HealthcareN/AN/A
Connect BiopharmaOutperform Votes
19
73.08%
Underperform Votes
7
26.92%

In the previous week, Connect Biopharma had 1 more articles in the media than Incannex Healthcare. MarketBeat recorded 3 mentions for Connect Biopharma and 2 mentions for Incannex Healthcare. Incannex Healthcare's average media sentiment score of 0.44 beat Connect Biopharma's score of 0.30 indicating that Incannex Healthcare is being referred to more favorably in the media.

Company Overall Sentiment
Incannex Healthcare Neutral
Connect Biopharma Neutral

0.4% of Incannex Healthcare shares are held by institutional investors. Comparatively, 58.7% of Connect Biopharma shares are held by institutional investors. 26.5% of Incannex Healthcare shares are held by company insiders. Comparatively, 22.6% of Connect Biopharma shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Connect Biopharma beats Incannex Healthcare on 9 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IXHL vs. The Competition

MetricIncannex HealthcarePharmaceutical IndustryMedical SectorNASDAQ Exchange
Market Cap$2.71M$6.79B$5.51B$7.84B
Dividend YieldN/A3.10%5.11%4.23%
P/E Ratio-0.117.3322.4018.52
Price / Sales27.68240.73399.74103.35
Price / CashN/A65.8538.1834.62
Price / Book3.046.396.744.24
Net Income-$18.46M$142.94M$3.22B$248.05M
7 Day Performance-72.92%4.50%4.33%5.03%
1 Month Performance-78.61%-1.61%-0.82%1.69%
1 Year Performance-93.97%-2.44%16.67%4.20%

Incannex Healthcare Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IXHL
Incannex Healthcare
0.6494 of 5 stars
$0.15
-75.1%
N/A-94.0%$2.71M$98,000.00-0.113Short Interest ↑
High Trading Volume
CNTB
Connect Biopharma
2.6108 of 5 stars
$0.75
+0.8%
$8.00
+973.8%
-39.1%$41.24M$24.12M0.00110Short Interest ↑
MRSN
Mersana Therapeutics
3.7923 of 5 stars
$0.33
-7.8%
$4.00
+1,123.6%
-88.3%$40.74M$40.50M-0.54150Gap Down
SPRO
Spero Therapeutics
4.326 of 5 stars
$0.73
-3.9%
$5.00
+589.7%
-53.4%$40.53M$27.40M10.36150Short Interest ↑
News Coverage
TNYA
Tenaya Therapeutics
3.7895 of 5 stars
$0.46
+1.8%
$6.25
+1,264.0%
-89.4%$40.13MN/A-0.32110Short Interest ↓
OKYO
OKYO Pharma
2.8896 of 5 stars
$1.17
-4.1%
$7.00
+498.3%
+8.5%$39.59MN/A0.007Short Interest ↓
RNTX
Rein Therapeutics
N/A$1.78
+4.7%
N/AN/A$39.15MN/A-0.579Gap Down
ANEB
Anebulo Pharmaceuticals
2.0061 of 5 stars
$0.95
-5.9%
$8.00
+742.1%
-57.9%$39.03MN/A-3.394Short Interest ↑
AADI
Aadi Bioscience
N/A$1.57
+1.9%
$1.67
+6.2%
-20.4%$38.77M$25.07M-0.6940Upcoming Earnings
APLT
Applied Therapeutics
4.0888 of 5 stars
$0.33
-0.1%
$6.10
+1,734.0%
-90.9%$38.70M$455,000.00-0.2130News Coverage
Positive News
BLUE
bluebird bio
3.0103 of 5 stars
$3.90
-5.8%
$44.60
+1,043.6%
-77.7%$38.18M$83.81M-0.10520Analyst Forecast
Short Interest ↓

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This page (NASDAQ:IXHL) was last updated on 4/30/2025 by MarketBeat.com Staff
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