NASDAQ:SCLX

Scilex (SCLX) Stock Price, News & Analysis

$0.98
+0.03 (+3.17%)
(As of 04/23/2024 ET)
Today's Range
$0.94
$1.03
50-Day Range
$0.90
$2.42
52-Week Range
$0.80
$9.36
Volume
551,633 shs
Average Volume
960,776 shs
Market Capitalization
$162.32 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

Scilex MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
719.1% Upside
$8.00 Price Target
Short Interest
Bearish
6.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.51) to ($0.34) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.34 out of 5 stars

Medical Sector

715th out of 909 stocks

Biological Products, Except Diagnostic Industry

123rd out of 155 stocks

SCLX stock logo

About Scilex Stock (NASDAQ:SCLX)

Scilex Holding Company focuses on acquiring, developing, and commercializing non-opioid pain management products for the treatment of acute and chronic pain. Its commercial products include ZTlido (lidocaine topical system) 1.8% (ZTlido), a prescription lidocaine topical product for the relief of neuropathic pain associated with postherpetic neuralgia (PHN), which is a form of post-shingles nerve pain; ELYXYB, a ready-to-use oral solution for the acute treatment of migraine with or without aura in adults; and GLOPERBA, a liquid oral version of the anti-gout medicine colchicine indicated for the prophylaxis of painful gout flares in adults. The company is also developing three product candidates, including SP-102 (10 mg dexamethasone sodium phosphate viscous gel) (SEMDEXA), a novel viscous gel formulation of a used corticosteroid for epidural injections, which has completed a Phase 3 study to treat lumbosacral radicular pain or sciatica; SP-103 (lidocaine topical system) 5.4% (SP-103), a formulation of ZTlido for the treatment of chronic neck pain and low back pain (LBP) that has completed a Phase 2 trial; and SP-104 (4.5 mg low-dose naltrexone hydrochloride delayed-release capsules) (SP-104), a novel low-dose delayed-release naltrexone hydrochloride, which has completed Phase 1 trials for the treatment of fibromyalgia. The company is headquartered in Palo Alto, California.

SCLX Stock Price History

SCLX Stock News Headlines

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Scilex (SCLX) & Its Peers Financial Comparison
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
SCLX Apr 2024 2.000 put
SCLX Apr 2024 1.000 put
SCLX Grows Revenue and Boosts Marketing
SCLX Continues to Make Strides
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
4/23/2024
Next Earnings (Estimated)
5/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:SCLX
Fax
N/A
Employees
105
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$12.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+696.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-114,330,000.00
Net Margins
-244.60%
Pretax Margin
-244.57%

Debt

Sales & Book Value

Annual Sales
$46.74 million
Book Value
($1.10) per share

Miscellaneous

Free Float
151,682,000
Market Cap
$167.02 million
Optionable
Optionable
Beta
0.69
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Key Executives

  • Dr. Henry H. Ji Ph.D. (Age 60)
    Executive Chairman
    Comp: $885.43k
  • Mr. Stephen Ma (Age 51)
    Senior VP, CFO & Corporate Secretary
    Comp: $708.78k
  • Mr. Jaisim Shah (Age 64)
    President, CEO & Director
    Comp: $785.73k
  • Dr. Suketu D. Desai Ph.D. (Age 58)
    CTO & Senior VP
  • Ms. Gigi DeGuzman
    Executive Director of Administrative Operations & Head of Human Resources
  • Mr. Steven F. Lincoln J.D.
    General Counsel & Chief Compliance Officer
  • Mr. Sumant Rajendran
    Executive Director of Marketing
  • Mike Ciaffi
    National Sales Director
  • Mr. Suresh K. Khemani (Age 64)
    Senior VP & Chief Commercial Officer
    Comp: $456.82k
  • Dr. Dmitri V. Lissin M.D. (Age 64)
    Senior VP & Chief Medical Officer
    Comp: $528.83k

SCLX Stock Analysis - Frequently Asked Questions

Should I buy or sell Scilex stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Scilex in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SCLX shares.
View SCLX analyst ratings
or view top-rated stocks.

What is Scilex's stock price target for 2024?

2 Wall Street analysts have issued 1-year price objectives for Scilex's stock. Their SCLX share price targets range from $4.00 to $12.00. On average, they expect the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 719.1% from the stock's current price.
View analysts price targets for SCLX
or view top-rated stocks among Wall Street analysts.

How have SCLX shares performed in 2024?

Scilex's stock was trading at $2.04 on January 1st, 2024. Since then, SCLX stock has decreased by 52.1% and is now trading at $0.9767.
View the best growth stocks for 2024 here
.

When is Scilex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our SCLX earnings forecast
.

How were Scilex's earnings last quarter?

Scilex Holding (NASDAQ:SCLX) posted its quarterly earnings results on Monday, March, 11th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.21) by $0.04. The firm had revenue of $13.46 million for the quarter, compared to the consensus estimate of $11.43 million.

What ETFs hold Scilex's stock?
Who are Scilex's major shareholders?

Scilex's stock is owned by a variety of institutional and retail investors. Top institutional investors include Cannon Global Investment Management LLC (0.02%) and Collective Family Office LLC (0.01%).

How do I buy shares of Scilex?

Shares of SCLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SCLX) was last updated on 4/24/2024 by MarketBeat.com Staff

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