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Price updated todayFinancials updated Oct 23, 2026
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ANIX · Price history
Price at last available close
$3.28
+$0.49 (+17.56%) 1M
2026-10-27
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Primary reporting period: 2025-10-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Anixa Biosciences, Inc. (ANIX) is a biotechnology company dedicated to pioneering therapies and vaccines. Its core mission revolves around addressing critical, unmet medical needs, particularly within the fields of oncology (cancer) and infectious diseases. Among its therapeutic pipeline, Anixa is developing a novel chimeric endocrine receptor T-cell (CER-T) technology, an innovative adaptation of CAR-T, specifically for ovarian cancer treatment.
How they make money
Anixa Biosciences is a biotechnology company that focuses on the development of oncology therapies and vaccines. The company operates as a research and development entity, currently generating no product revenue and relying on capital raises and equity offerings to fund its clinical trials and operations.
Products & services
The company is developing a portfolio of oncology-focused assets, including a CAR-T therapy for ovarian cancer (lira-cel) and a breast cancer vaccine, both currently in clinical trial stages.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Customer categories were not separately identified in the reviewed source set.
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
Contract Research Organizations (CROs) — The company utilizes various unnamed third-party contract research organizations to manage and conduct its clinical trials.Source
Business relationships & partnerships
The Wistar Institute — A research partner and licensor of CAR-T technology used in the company's Certainty subsidiary.Source
H. Lee Moffitt Cancer Center and Research Institute, Inc. — A clinical research collaborator involved in the human clinical testing of the company's CAR-T technology.Source
Strengths
Strategic collaborations with established research institutions like Wistar and Moffitt.Source
Risks
History of operating losses and dependence on external financing to fund operations.Source
Uncertainty regarding the success of clinical trials and regulatory approval processes.Source
Overall investment score · Quality, value, risk and opportunity
24
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
27
Poor
Financial Strength
37
Business Quality / Moat
19
Management
40
Growth Quality
0
Risk / Durability
35
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
55
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
63/100
Building Historical Record
Model Score 63/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.
The model outlook is currently moderate.
What we like
•Insider activity signal is favorable
What to watch
•Valuation is a weaker part of the current profile
•Asset quality is a weaker factor
Company-specific research
Questions worth answering for ANIX
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•How long can ANIX fund negative free cash flow using its current cash position before it may need more debt or new shares?
•How is ANIX likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
•What specifically needs to improve for ANIX to reach sustainable profitability?
•What future growth or profitability would be needed to justify ANIX's current valuation?
•What does the current none warning mean for the reliability or interpretation of ANIX's score?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on ANIX.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Strategic collaborations with established research institutions like Wistar and Moffitt.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Biotechnology industry.
−History of operating losses and dependence on external financing to fund operations.
−Uncertainty regarding the success of clinical trials and regulatory approval processes.
−Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Very Weak24/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Fair
57
Debt Cost—
Debt Reduction YoY12.1%
Debt / Equity0.01x
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Revenue
—
Revenue YoY—
Revenue CAGR—
Net Margin—
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Asset
Poor
20
Asset Growth YoY-25.5%
Liquidation/Share$0.41
Net Assets/MCap0.15x
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Capital
Poor
0
Earnings Yield-10.3%
Buyback Yield0.0%
Debt Cost—
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Management
Weak
40
ROIC-88.3%
ROE-72.0%
ROA-69.1%
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Moat
Poor
19
EPS Growth—
FCF/Share Growth—
Rev/Share Growth—
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Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
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Buffett
—
Revenue—
Moat19
Valuation0
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MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
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Financial
—
Interest Coverage—
ROIC-88.3%
FCF Yield-7.1%
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Master
—
Financial—
Valuation0
Debt57
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Resilience
Strong
81
Survival Years2.1 yrs
Current Ratio8.08x
FCF Margin—
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Score Changes
7 historical score records available
Previous Score
24
Oct 1, 2026
Change
Unchanged
Current Score
24
Oct 23, 2026
Category Changes
Debt0
Assets0
Capital0
Management0
Moat0
Valuation0
ANIX score was unchanged.
Projected Score
Projected Score
27
Projected Change
+2.7 points
Preliminary comparable-period financial changes suggest improvement of approximately 2.7 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailable
Current Price
$3.28
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Large reported revenue change: -59.0%
Revenue changed sharply from 2021 to 2023. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.
TTM may combine quarters from before and after the event, so its trend can also be distorted.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
—
$0.00
$0.00
$210K
····
····
····
····
····
····
····
Cost of Revenue
—
$36K
$0.00
$161K
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····
····
····
····
····
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Gross Profit
—
-$36K
$0.00
$49K
····
····
····
····
····
····
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Research & Development
—
$5.1M
$6.4M
$4.8M
····
····
····
····
····
····
····
SG&A Expenses
—
$6.6M
$7.4M
$6.3M
····
····
····
····
····
····
····
Operating Expenses
—
$11.7M
$13.8M
$11.1M
····
····
····
····
····
····
····
EBITDA
—
-$11.0M
-$12.7M
-$9.9M
····
····
····
····
····
····
····
Operating Income
—
-$11.7M
-$13.8M
-$11.0M
····
····
····
····
····
····
····
Interest Expense
—
$0.00
$0.00
$0.00
····
····
····
····
····
····
····
Income Before Tax
—
-$11.0M
-$12.7M
-$9.9M
····
····
····
····
····
····
····
Income Tax Expense
—
$0.00
$0.00
$0.00
····
····
····
····
····
····
····
Net Income
—
-$10.9M
-$12.6M
-$9.8M
····
····
····
····
····
····
····
Basic EPS
—
$-0.34
$-0.39
$-0.32
····
····
····
····
····
····
····
Basic Shares
34.18M
32.45M
31.90M
30.98M
····
····
····
····
····
····
····
Diluted Shares
34.18M
32.45M
31.90M
30.98M
····
····
····
····
····
····
····
Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Debt reduced
What Weakened
Cash position declined
Potential Score Impact
Positive indicators included EPS growth, debt levels. Pressure indicators included cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
EPS increased 9.6%. Cash declined 6.5%. Total debt declined 18.3%.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Upgrade to Premium to unlock all earnings history.View plans
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.