Syndax Pharmaceuticals Inc logo

Syndax Pharmaceuticals Inc(SNDX)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$13.53
10/14/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for SNDX

10/14/2026: SNDX (1-star) is currently NOT-A-BUY. Pass it for now.

Syndax Pharmaceuticals is a biopharmaceutical company focused on developing and commercializing innovative oncology therapies, recently achieving a major milestone with the FDA approval of its first drug, Niktimvo. The company’s primary strength lies in its specialized pipeline targeting complex cancers like leukemia and graft-versus-host disease. Its key investment narrative centers on transitioning into a commercial-stage firm while advancing late-stage clinical assets. Risks include the high operational costs associated with drug development, intense competition from well-capitalized firms, and the inherent execution challenges of a new commercial launch. This stock may suit growth-oriented investors capable of managing the volatility typical of clinical-stage biotechnology firms.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company offers exposure to high-growth potential in the oncology market through late-stage clinical and new commercial assets.
Momentum investorStrong fit while signal remains positiveMomentum investors may favor the stock during periods of positive clinical data readouts or regulatory approval catalysts.
Value investorWeak fitAs a loss-making biotech firm, the company lacks the consistent earnings required for traditional value-based investment strategies.
Dividend investorWeak fitThe company does not pay a dividend and focuses entirely on growth capital expenditure.
Low-risk investorWeak fitThe biotechnology sector entails high volatility and clinical success risks unsuitable for low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighClinical results and regulatory decisions can lead to sharp fluctuations in share price.
Valuation riskMedium / highValuations are often speculative, based on future peak sales potential rather than current profits.
Competition risk (Oncology/Hematology)HighLarge incumbents can rapidly pivot or acquire new technology, threatening the market share of smaller players.
Business qualityMediumThe company is evolving from an R&D shop to a commercial player, which is an inherently challenging operational shift.
Dividend incomeLow / noneThere is no income component to the investment thesis.
Execution riskHighSuccess depends on the complex execution of commercial launch strategies and future regulatory approvals.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -7.87%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/14/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
SNDX receives a 3-star rating, supported by solid company fundamentals, and strong analyst coverage. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
SNDX has solid overall fundamentals (4 stars), with moderate financial health, solid growth momentum, and solid ownership. In FY2025 versus FY2024, solid earnings growth (+10.5%) and strong revenue growth (+627.8%) are partially offset by weak cash generation (FCF margin -187.5%), weak profitability (net margin -165.6%), modest insider ownership of 1.69%.

Financial Health Rating

★★★★★
SNDX's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 77.0%). Cash strength is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is SNDX's strongest growth driver at +627.8% FY2025 versus FY2024 (strong, 5 stars). By comparison, earnings growth (+10.5%, solid) is also solid, while free-cash-flow growth (-17.6%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 126.0% and approximately 89.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 1.69% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 10.10%
Kynam Capital Management, LP 9.02%
The Goldman Sachs Group Inc 6.56%
State Street Corp 6.34%
Bank of America Corp 4.53%

Unit Economics (Per $1K Revenue)

★★★★★
SNDX generates approximately $960 of gross profit, $-1,584 of operating income, and $-1,875 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
SNDX has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.25B USD
Price to earnings Ratio -
1Y Target Price 37.27
Price to earnings Ratio -
1Y Target Price 37.27
Volume (30-day avg) 2.0M shares
Beta 0.42
52 Weeks Range 12.99 - 25.59
Updated Date 10/14/2026
52 Weeks Range 12.99 - 25.59
Updated Date 10/14/2026
Dividends yield (FY) -
Basic EPS (TTM) -2.52

How Company Makes Money

Business areaWhat it includesRetail investor read
Oncology TherapeuticsCommercial revenue from Niktimvo and potential future licensing or product sales from Revumenib.The company generates cash by selling specialty drugs to treat cancer, with future revenue dependent on the success of its drug pipeline.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE -
Enterprise Value 1.61B
Price to Sales(TTM) 4.94
Enterprise Value 1.61B
Price to Sales(TTM) 4.94
Enterprise Value to Revenue 6.38
Enterprise Value to EBITDA -105.26
Shares Outstanding 89.30M
Shares Floating 80.30M
Shares Outstanding 89.30M
Shares Floating 80.30M
Percent Insiders 1.69
Percent Institutions 126.04

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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