Janux Therapeutics/$JANX

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About Janux Therapeutics

Janux Therapeutics Inc is a clinical-stage biopharmaceutical company developing tumor-activated immunotherapies for cancer. The proprietary technology of the company has enabled the development of distinct bispecific platforms: Tumor Activated T Cell Engagers (TRACTr), Tumor Activated Immunomodulators (TRACIr), and Adaptive Immune Response Modulator (ARM) platforms. The TRACTr platform produces T cell engagers (TCEs) with a tumor antigen-binding domain and a CD3 T cell binding domain, while the TRACIr platform produces bispecifics with a tumor antigen-binding domain and a costimulatory CD28 binding domain.
Ticker
$JANX
Sector
Health
Primary listing
NASDAQ
Employees
113

JANX Metrics

BasicAdvanced
$1B
-
-$1.64
2.51
-

What the Analysts think about JANX

Analyst ratings (Buy, Hold, Sell) for Janux Therapeutics stock.
Analyst projections of the future price of Janux Therapeutics stock.

Bulls say / Bears say

Early clinical data for JANX007 show a favourable safety profile, with no Grade 3 cytokine release syndrome observed at clinically relevant dose levels under the current mitigation strategy. That could help Janux address a key limitation of T-cell engagers as dose optimisation continues. (Janux Therapeutics)
Janux is building several potential value drivers around PSMA: JANX007 and JANX014 are in clinical studies, while the CD28 programme JANX013 is expected to enter the clinic in the second half of 2026. The company also held $970.9 million in cash, cash equivalents and short-term investments at the end of the second quarter, supporting continued development. (Janux Therapeutics)
The Bristol Myers Squibb collaboration has produced a development-candidate nomination and a $35 million milestone payment. BMS is responsible for later clinical development and global commercialisation, while Janux remains eligible for further milestones and tiered royalties, which could reduce funding pressure and provide external validation. (Janux Therapeutics)
Janux discontinued JANX008 after Phase 1a because the overall magnitude and consistency of activity did not justify further development; the company also cited dose-limiting adverse events. This raises the risk that the platform may not translate consistently across different tumour targets. (Janux Therapeutics)
The main value driver, JANX007, remains in Phase 1b with dose optimisation and ongoing enrolment, and further clinical data are not expected until the first half of 2027. Investors therefore still face a long wait for more mature evidence that its early activity is durable and commercially meaningful. (Janux Therapeutics)
The BMS deal is not yet clinical validation: the partnered target remains undisclosed, Janux is only responsible through preclinical development and IND submission, and BMS takes over subsequent clinical work. The $35 million payment therefore does not remove the risk that the programme fails in human trials. (Janux Therapeutics)
Data summarised monthly by Lightyear AI. Last updated on 20 Sept 2026.

JANX Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

JANX Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

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