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LXRX · Lexicon Pharmaceuticals, Inc.

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$1.79 -0.03 (-1.65%) At close · Nov 13
Market Cap
$796.97M
Shares
445.23M
Volume · Nov 13 1.89M Avg daily vol (3M) 2.62M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$1.79 Open$1.83 Day$1.72–1.83 52W close$1.14–2.64 Avg vol 30d2.1M Short int25.9M · 5.8% of shares · 14.0d Short vol66% Last earningsNov 5, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 5

Up next

Mar 4, 2027 Est · unconfirmed · in 16 wks

Latest documents

2026
Nov 5
Earnings call
Sonata results and Zenquista NDA resubmission expected in 2027

Lexicon completed enrollment in the 542-patient Phase 3 Sonata HCM trial, with top-line results expected in the first quarter of 2027, and plans to resubmit the Zenquista NDA for type 1 diabetes in the same quarter.

6 source passages
Welcome to the Lexicon Pharmaceuticals' third quarter, 2026 Financial Results Conference Call. First and foremost, in HCM, we completed patient enrollment in our Phase 3 Sonata HCM study. In total, Sonata HCM enrolled 542 patients with 440 classified as non-obstructive at baseline And 102 is obstructive. We're very pleased with the overall enrollment profile of Sonata HCM and look forward to reporting top line results in the first quarter of 2027. Now, moving to Zenquista, we continue to make strong progress towards the resubmission of our NDA and type 1 diabetes, supported by new prospective safety data from the investigator-initiated STENO1 study. While this process is taking longer than we originally anticipated, we expect to complete the resubmission in the first quarter of 2027. Open the document at this passage
Nov 5
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Revenue falls as nine-month net loss widens to $46.8 million

Lexicon Pharmaceuticals reported revenues of $33.0 million for the nine months ended September 30, 2026, down from $44.3 million, while net loss widened to $46.8 million from $34.8 million. Cash, cash equivalents, short-term investments and restricted cash totaled $183.2 million.

Revenue $11.25M ▼ 20.7% Net loss $14.01M Diluted EPS -$0.03
Read from the MD&A section
3 source passages
Revenues were $11.3 million and $14.2 million, respectively, for the three months ended September 30, 2026 and 2025 and $33.0 million and $44.3 million, respectively, for the nine months ended September 30, 2026 and 2025. Net loss was $46.8 million, or $0.11 per share, in the nine months ended September 30, 2026 as compared to a net loss of $34.8 million, or $0.10 per share, in the corresponding period in 2025. As of September 30, 2026 and December 31, 2025, total cash, cash equivalents, short-term investments and restricted cash were $183.2 million and $125.2 million, respectively. Open the document at this passage
Nov 5
Current report 8-K
SONATA-HCM substantially overenrolled with 542 patients

Lexicon Pharmaceuticals, Inc. completed SONATA-HCM enrollment with 542 patients, substantially exceeding planned enrollment, and expects topline results in the first quarter of 2027; ZYNQUISTA NDA resubmission is also anticipated in the first quarter of 2027.

Financial results
5 source passages
Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX), a leading cardiometabolic biopharmaceutical company, today reported financial results for the three months ended September 30, 2026, and provided an update on key corporate milestones and accomplishments. Enrollment has been completed in SONATA-HCM, a pivotal Phase 3 placebo-controlled study in patients with symptomatic obstructive (oHCM) and non-obstructive (nHCM) hypertrophic cardiomyopathy. The trial enrolled a total of 542 patients across both nHCM and oHCM, substantially exceeding its planned enrollment. Lexicon continues to expect topline results in the first quarter of 2027. Lexicon remains focused on bringing ZYNQUISTA to market for glycemic control in adults with T1D, a patient population for which there are no treatment options beyond insulin. Data preparation and administrative work is now being completed to support a high-quality NDA resubmission, anticipated in the first quarter of 2027. Open the document at this passage
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$38.54M
Trailing 12 months
Net income (TTM)
−$62.35M
Trailing 12 months
Revenue growth YoY
-20.7%
Year over year
Operating margin
-147.4%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
$131.31M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+22.4%
Year over year · more shares
Price change (1Y)
+24.3%
Trailing year
Short interest
5.8%
Latest settlement · 14.0 days to cover
View all 125 metrics

AI Brief

Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26

TL;DR. Lexicon completed enrollment (significantly over-enrolled) in its Phase 3 SONATA-HCM study of sotagliflozin in HCM, with top-line data expected in Q1 2027, and reiterated 2026 operating expense guidance of $100-$110 million; however, ZYNQUISTA NDA resubmission in type 1 diabetes has shifted to Q4 2026, described as a slight delay from prior timeline.

Bullish
  • + Completed and significantly over-enrolled Phase 3 SONATA-HCM study, with top-line data expected Q1 2027
  • + Steno-1 study nearing FDA exposure and DKA thresholds, supporting ZYNQUISTA NDA resubmission in Q4 2026
  • + Novo Nordisk progressing LX9851 Phase 1, with potential third $10 million milestone payment later this year
  • + Viatris expanding ex-U.S./Europe regulatory approvals and submissions for sotagliflozin in heart failure
Bearish
  • − ZYNQUISTA NDA resubmission shifted to Q4 2026, a slight delay from prior timeline
  • − Q2 2026 net loss of $31.8 million vs. net income of $3.3 million in prior year quarter, including $4.3 million loss on early extinguishment of debt

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Neutral Momentum Neutral Sentiment Very Bullish Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg −5%
below
Price vs 50-day avg +1%
above
RSI (14) 58
neutral
MACD trend Positive
52-week position 43%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Neutral
1-month return +18%
trailing
6-month return −13%
trailing
YTD return +56%
this year
Relative strength −14%
vs S&P · 6-mo
Sentiment
smart money
Very Bullish
Trend (MA cross) No cross
50d $2 › 200d $2 — 200d above 50d
Institutional flow Accumulating
127 of 151 funds reported for Sep 30 · net +17.7M sh shares · +18 new
Insider flow Accumulating
Net +$50.0K over 90 days · 0% sells
Short interest Falling
5.81% of shares out · ▼ -3.1% MoM · 14.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
151 holders — near 3-yr high, broad support
Squeeze score 69
elevated · 0–100
Fundamentals
Strong
Revenue growth +60%
Y/Y
EPS growth +78%
Y/Y
Free cash flow $-67.9M
Balance sheet $19.7M
net debt
Quant / Vol
risk profile
Very High
Volatility 72%
annualized · 1-yr
Max drawdown −46%
past year
ATR 6.1%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Aug 6, 2026
Operating expenses · 2026 $100M – $110M
SG&A · 2026 $37M – $42M
R&D · 2026 $63M – $68M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral
1 · 4 · 2
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−5% Bearish
Price vs 50-day avg
+1% Bullish
RSI (14)
58 Neutral
MACD trend
Positive Bullish
52-week position
43% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 4 of 6
Trend (MA cross) No cross
50d $2 › 200d $2 — 200d above 50d
Institutional flow Accumulating
127 of 151 funds reported for Sep 30 · net +17.7M sh shares · +18 new
Insider flow Accumulating
Net +$50.0K over 90 days · 0% sells
Short interest Falling
5.81% of shares out · ▼ -3.1% MoM · 14.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
151 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $1 Now $2 · 43% Range high $3
vs 200-day avg -5% vs 50-day avg +1%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Biotechnology — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
LXRX
Lexicon Pharmaceuticals, Inc.
this stock
$796.97M +55.7% +60.2% — 5.8%
VRTX
Vertex Pharmaceuticals Inc
$136.56B +18.8% +46.2% 34.7 1.9%
REGN
Regeneron Pharmaceuticals, Inc.
$98.84B +23.8% +20.8% 21.1 2.1%
MRNA
Moderna, Inc.
$90.38B +657.4% +4.3% — 8.2%
CSLLY
Csl Ltd
$66.05B — — — 0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
157
% held
86.2%
Reported
127 of 151
Top holder
Artal Group S.A.
Held Float
View
Held by Funds
Fund positions
112
View
Short & Settlement
Short Interest Falling
Shares short
25.9M
Days to cover
14.0d
Change
-826.1K sh
View
Short Volume
Short vol %
66%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
3.3K
Value
$6.2K
As of
Sep 30, 2026
View
Off-Exchange
Off-exchange %
42.6%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net buying
Net (90d)
+$50.0K
Buyers / Sellers
1 / 0
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$49.8M
Net income (FY)
$-50.3M
EPS diluted
$-0.14
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 5, 2026
This year
21

Lexicon Pharmaceuticals reported revenues of $33.0 million for the nine months ended September 30, 2026, down from $44.3 million, while net loss widened to $46.8 million from $34.8 million. Cash, cash equivalents, short-term investments and restricted cash totaled $183.2 million.

View
Proposed Sales
Value
$480.0K
Shares
300.0K
Filed
Aug 15, 2024
View
Exempt Offerings
Offering
$59.2M
Filed
Feb 17, 2026
View
Earnings & Events
Webcasts
Last webcast
Nov 5, 2026
View
Investor Relations
Latest news
Lexicon Pharmaceuticals Reports T…
Published
Nov 5, 2026
View

Performance

5D 20D 120D MTD YTD
LXRX +0.6% +17.8% -13.1% +26.1% +55.7%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY -2.0% +18.9% -13.6% +26.2% +45.0%
Key facts CIK 1062822 CUSIP 528872302 13F (30d) 122 filings 108 filers Visit website Investor relations