Tenax Therapeutics, Inc. logo

Tenax Therapeutics, Inc.

TENX

NASDAQHealthcareBiotechnology

Previous close

$1.75

−$0.03 · -1.69%

Aug 21, 4:00 PM ET

TENX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

35

Expensive

Momentum

76

Gaining

Sentiment

69

Bullish

Risk resilience

56

Elevated Risk

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Company profile

Company website

Tenax Therapeutics, Inc. is a specialized pharmaceutical enterprise dedicated to discovering, advancing, and bringing to market therapies for cardiovascular and pulmonary conditions throughout the United States and Canada. Its product pipeline features TNX-103 and TNX-102 (levosimendan), both of which have successfully completed Phase II clinical trials. These compounds are being developed to manage pulmonary hypertension, particularly that linked to heart failure with preserved ejection fraction (HFpEF), as well as other forms of associated pulmonary hypertension. Additionally, the company is progressing TNX-201 (imatinib), a tyrosine kinase inhibitor, designed to treat pulmonary arterial hypertension. Founded in 1967, the organization was initially known as Oxygen Biotherapeutics, Inc. until its rebranding to Tenax Therapeutics, Inc. in September 2014. The company maintains its corporate headquarters in Morrisville, North Carolina.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Christopher T. Giordano
Listed since
Apr 4, 1994
Employees
15

Market position

Day range

Current $1.75

52-week range

Current $1.75

Open
$1.82
Previous close
$1.78
Volume
4.15M
1.47× average
Average volume
2.83M
Average daily volume
Market cap
46.42M USD
Beta
0.93
Market reference 1
50-day average
$11.8413
-85.22% below average
200-day average
$12.1375
-85.58% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-1.17×
P/B (TTM)
0.78×
P/S (TTM)
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
0.00%

Financial health

Debt / equity

Financial statements

Income trends

Operating income

−56.39M USD-189.24%

Net income

−52.6M USD-198.82%
Income trends across reported periods−2.84M USD−22.31M USD−41.78M USD−61.25M USDOperating income, FY2021: −32.73M USDOperating income, FY2022: −11.05M USDOperating income, FY2023: −8.23M USDOperating income, FY2024: −19.49M USDOperating income, FY2025: −56.39M USDNet income, FY2021: −32.47M USDNet income, FY2022: −11.05M USDNet income, FY2023: −7.71M USDNet income, FY2024: −17.6M USDNet income, FY2025: −52.6M USDFY2021FY2022FY2023FY2024FY2025
Operating income FY2021 −32.73M USD. Operating income FY2022 −11.05M USD. Operating income FY2023 −8.23M USD. Operating income FY2024 −19.49M USD. Operating income FY2025 −56.39M USD. Net income FY2021 −32.47M USD. Net income FY2022 −11.05M USD. Net income FY2023 −7.71M USD. Net income FY2024 −17.6M USD. Net income FY2025 −52.6M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Research and development32.67M USD12.71M USD3.23M USD5.38M USD25.15M USD
Selling, general, and administrative23.71M USD6.79M USD5.01M USD5.68M USD7.58M USD
Operating expenses56.39M USD19.49M USD8.23M USD11.05M USD32.73M USD
Interest income3.82M USD1.91M USD
Interest expense23K USD23.97K USD4.44K USD949 USD
Depreciation and amortization8K USD113.33K USD108.98K USD
Operating income−56.39M USD−19.49M USD−8.23M USD−11.05M USD−32.73M USD
Net income−52.6M USD−17.6M USD−7.71M USD−11.05M USD−32.47M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+28.94%
11 comparable reports
Latest EPS result
-0.35
Estimate -0.38 · Beat by 8.20%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.15-0.58-1-1.42Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 25, 2025: actual -0.18, estimate -0.52, surprise +65.38%, Beat. Q2 2025, reported May 14, 2025: actual -0.28, estimate -0.48, surprise +41.67%, Beat. Q3 2025, reported Aug 13, 2025: actual -0.27, estimate -0.5, surprise +46.00%, Beat. Q4 2025, reported Nov 12, 2025: actual -0.4, estimate -1.33, surprise +69.92%, Beat. Q1 2026, reported Mar 10, 2026: actual -0.38, estimate -1.26, surprise +69.84%, Beat. Q2 2026, reported May 12, 2026: actual -0.35, estimate -0.4, surprise +12.50%, Beat. Q3 2026, reported Jul 31, 2026: actual -0.35, estimate -0.381, surprise +8.20%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate -0.38, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

8 institutions
Canaccord GenuitymaintainBuy
Evercore ISI GroupdowngradeOutperformIn Line
William BlairdowngradeOutperformMarket Perform
Piper SandlermaintainOverweight

TENX news

Corporate actions

Corporate action history

Stock split

Effective Jan 3, 2024

1:80

Stock split

Effective Jan 5, 2023

1:20

Stock split

Effective Feb 26, 2018

1:20

Stock split

Effective May 13, 2013

1:20

Stock split

Effective Nov 9, 2009

1:15

TENX peers

ETFs holding TENX

Funds reporting this stock among their holdings, ordered by reported position size.

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