Xenon Pharmaceuticals Inc. logo

Xenon Pharmaceuticals Inc.

XENE

NASDAQHealthcareBiotechnology

Previous close

$60.77

+$1.04 · +1.74%

Aug 21, 4:00 PM ET

XENE 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

39

Expensive

Momentum

78

Gaining

Sentiment

63

Bullish

Risk resilience

70

Moderate Risk

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Company profile

Company website

Xenon Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company dedicated to discovering and advancing innovative treatments for individuals living with neurological disorders. The company operates primarily from its headquarters in Burnaby, Canada. Its robust clinical pipeline showcases several promising candidates: XEN496, an activator of Kv7 potassium channels, is currently in Phase III clinical trials for KCNQ2 developmental and epileptic encephalopathy. Another Kv7 potassium channel activator, XEN1101, is progressing through Phase II trials, targeting epilepsy and a range of other neurological conditions. The portfolio also includes NBI-921352, a selective inhibitor of the Nav1.6 sodium channel, which is undergoing Phase II clinical evaluation for SCN8A developmental and epileptic encephalopathy, alongside investigations for adult focal epilepsy and other potential indications. Furthermore, XEN007, a central nervous system-acting calcium channel modulator, is also in Phase II development. Beyond its internal development, Xenon Pharmaceuticals has established strategic collaborations. This includes a licensing and development agreement with Neurocrine Biosciences, Inc. focused on epilepsy treatments, and a partnership with Flexion Therapeutics, Inc. to advance PCRX301 (also known as XEN402), a Nav1.7 inhibitor, for post-operative pain management. Established in 1996, the company continues its mission to address significant unmet medical needs in neurology.

Industry
Biotechnology
Sector
Healthcare
Headquarters
CA
CEO
Ian C. Mortimer
Listed since
Nov 5, 2014
Employees
364

Market position

Day range

Current $60.77

52-week range

Current $60.77

Open
$60.45
Previous close
$59.73
Volume
792.93K
0.66× average
Average volume
1.2M
Average daily volume
Market cap
5.87B USD
Beta
0.63
Market reference 1
50-day average
$62.1272
-2.18% below average
200-day average
$51.7218
+17.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.36B USD
P/E (TTM)
-12.82×
P/B (TTM)
4.87×
P/S (TTM)
EV / EBITDA
-9.82×
Earnings yield
-9.74%
Free cash flow yield
-7.88%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
0.00%
Return on equity
-59.46%
Return on assets
-35.24%
Return on invested capital
-39.63%

Financial health

Debt / equity
0.01×
Current ratio
13.42×
Altman Z-score
64.23
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends607%-1422%-3452%-5482%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2025: 66.09%Operating margin, FY2021: -428.45%Operating margin, FY2022: -1368.91%Operating margin, FY2025: -4974.27%Net margin, FY2021: -427.85%Net margin, FY2022: -1328.95%Net margin, FY2025: -4612.13%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2025 66.09%. Operating margin FY2021 -428.45%. Operating margin FY2022 -1368.91%. Operating margin FY2025 -4974.27%. Net margin FY2021 -427.85%. Net margin FY2022 -1328.95%. Net margin FY2025 -4612.13%.

Income trends

Revenue

7.5M USD-20.50%

Operating income

−373.07M USD-33.57%

Net income

−345.91M USD-47.62%
Income trends across reported periods57.59M USD−99.02M USD−255.62M USD−412.22M USDRevenue, FY2021: 18.44M USDRevenue, FY2022: 9.43M USDRevenue, FY2025: 7.5M USDOperating income, FY2021: −78.99M USDOperating income, FY2022: −129.14M USDOperating income, FY2023: −214.05M USDOperating income, FY2024: −279.3M USDOperating income, FY2025: −373.07M USDNet income, FY2021: −78.88M USDNet income, FY2022: −125.37M USDNet income, FY2023: −182.39M USDNet income, FY2024: −234.33M USDNet income, FY2025: −345.91M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 18.44M USD. Revenue FY2022 9.43M USD. Revenue FY2025 7.5M USD. Operating income FY2021 −78.99M USD. Operating income FY2022 −129.14M USD. Operating income FY2023 −214.05M USD. Operating income FY2024 −279.3M USD. Operating income FY2025 −373.07M USD. Net income FY2021 −78.88M USD. Net income FY2022 −125.37M USD. Net income FY2023 −182.39M USD. Net income FY2024 −234.33M USD. Net income FY2025 −345.91M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue7.5M USD9.43M USD18.44M USD
Cost of goods sold2.54M USD2.56M USD167.51M USD
Gross profit4.96M USD−2.56M USD−167.51M USD9.43M USD18.44M USD
Research and development300.94M USD210.39M USD167.51M USD105.77M USD75.46M USD
Selling, general, and administrative79.63M USD68.9M USD46.54M USD32.81M USD21.97M USD
Operating expenses378.03M USD276.74M USD46.54M USD138.58M USD97.43M USD
Interest income26.83M USD41.94M USD27.62M USD8.71M USD466K USD
Depreciation and amortization2.54M USD2.56M USD3.54M USD1.41M USD906K USD
Operating income−373.07M USD−279.3M USD−214.05M USD−129.14M USD−78.99M USD
Net income−345.91M USD−234.33M USD−182.39M USD−125.37M USD−78.88M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 3 misses, 1 met estimate
Average EPS surprise
+2.75%
11 comparable reports
Latest EPS result
-1.11
Estimate -1.14 · Beat by 2.63%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.78-0.97-1.17-1.36Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MetQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual -0.84, estimate -0.89, surprise +5.62%, Beat. Q2 2025, reported May 12, 2025: actual -0.83, estimate -0.94, surprise +11.70%, Beat. Q3 2025, reported Aug 11, 2025: actual -1.07, estimate -1.03, surprise -3.88%, Miss. Q4 2025, reported Nov 3, 2025: actual -1.15, estimate -1.16, surprise +0.86%, Beat. Q1 2026, reported Feb 26, 2026: actual -1.31, estimate -1.2, surprise -9.17%, Miss. Q2 2026, reported May 7, 2026: actual -1.17, estimate -1.17, surprise 0.00%, Met estimate. Q3 2026, reported Aug 6, 2026: actual -1.11, estimate -1.14, surprise +2.63%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate -1.17, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.11M5.15M2.18M-792.86KQ1 '24BeatQ4 '24EstimateQ1 '25EstimateQ2 '25BeatQ1 '26EstimateQ2 '26EstimateQ3 '26EstimateQ4 '26Estimate
Q1 2024, reported Feb 29, 2024: actual 5.38M USD, estimate 1.89M USD, surprise +184.66%, Beat. Q4 2024, reported Nov 12, 2024: actual —, estimate 294.12K USD, surprise —, Comparison unavailable. Q1 2025, reported Feb 27, 2025: actual —, estimate 312.5K USD, surprise —, Comparison unavailable. Q2 2025, reported May 12, 2025: actual 7.5M USD, estimate 1.91M USD, surprise +293.44%, Beat. Q1 2026, reported Feb 26, 2026: actual —, estimate -178.57K USD, surprise —, Comparison unavailable. Q2 2026, reported May 7, 2026: actual —, estimate 1.36M USD, surprise —, Comparison unavailable. Q3 2026, reported Aug 6, 2026: actual —, estimate 1.67M USD, surprise —, Comparison unavailable. Q4 2026, reported Nov 2, 2026: actual —, estimate 1.33M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$86.50

42.34% upside
Past 12 months12-month forecastHigh $100Average $86.50Low $69.00

Rating distribution

22 ratings
Strong buy00%
Buy22100%
Hold00%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions
Deutsche BankmaintainBuy
BairdmaintainOutperform

XENE news

XENE peers

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