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Pyxis Oncology, Inc. (PYXS) Fundamental Analysis & AI Grade 2026

PYXS Nasdaq Pharmaceutical Preparations DE CIK: 0001782223
Recently Updated • Analysis: May 23, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
88% Confidence
N/A
D
88% Conf
Pending
Analysis scheduled

📊 PYXS Key Takeaways

Revenue: $13.9M
Net Margin: -167.9%
Free Cash Flow: $-26.0M
Current Ratio: 2.76x
Debt/Equity: 0.00x
EPS: $-0.37
AI Grade: D with 88% confidence
Pyxis Oncology, Inc. (PYXS) receives a D fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $13.9M, net profit margin of -167.9%, and return on equity (ROE) of -74.4%, Pyxis Oncology, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete PYXS stock analysis for 2026.

Is Pyxis Oncology, Inc. (PYXS) a Good Investment?

Claude

Pyxis Oncology faces critical liquidity crisis with less than 3 months of cash runway at current burn rates ($26M annual operating cash burn versus $5.8M cash on hand). Revenue is declining 14.2% YoY while operating losses of $24.4M persist, indicating failed commercialization and inability to control costs. The company will require imminent dilutive capital raises or faces potential restructuring.

Pyxis Oncology, Inc. Key Strengths (PYXS)

Claude
  • + Zero long-term debt (Debt/Equity 0.00x) eliminates financial leverage risk and refinancing concerns
  • + Adequate working capital coverage with 2.76x current ratio provides near-term operational flexibility
  • + Diluted EPS improved 3.0% YoY suggesting management cost reduction efforts despite operational losses

PYXS Stock Risks: Pyxis Oncology, Inc. Investment Risks

Claude
  • ! Existential cash runway crisis: less than 3 months of liquidity at current $26M annual operating burn rate requires immediate capital raise or restructuring
  • ! Revenue collapse with 14.2% YoY decline indicates failed product commercialization and deteriorating market position
  • ! Unsustainable operating economics: $24.4M operating losses on only $13.9M revenue with negative 175.8% operating margin shows no viable business model currently

Key Metrics to Watch

Claude
  • * Quarterly cash balance and monthly burn rate - critical indicator of bankruptcy timeline and financing needs
  • * Revenue trajectory and new product authorization/launch status - only mechanism to restore viability
  • * Debt raise announcements and terms - dilution magnitude will indicate market confidence in company turnaround

Pyxis Oncology, Inc. (PYXS) Financial Metrics & Key Ratios

Revenue
$13.9M
Net Income
$-23.3M
EPS (Diluted)
$-0.37
Free Cash Flow
$-26.0M
Total Assets
$64.3M
Cash Position
$5.8M

💡 AI Analyst Insight

Strong liquidity with a 2.76x current ratio provides a solid financial cushion.

PYXS Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -175.8%
Net Margin -167.9%
ROE -74.4%
ROA -36.2%
FCF Margin -187.7%

PYXS vs Healthcare Sector: How Pyxis Oncology, Inc. Compares

How Pyxis Oncology, Inc. compares to Healthcare sector averages

Net Margin
PYXS -167.9%
vs
Sector Avg 12.0%
PYXS Sector
ROE
PYXS -74.4%
vs
Sector Avg 15.0%
PYXS Sector
Current Ratio
PYXS 2.8x
vs
Sector Avg 2.0x
PYXS Sector
Debt/Equity
PYXS 0.0x
vs
Sector Avg 0.6x
PYXS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Pyxis Oncology, Inc. Stock Overvalued? PYXS Valuation Analysis 2026

Based on fundamental analysis, Pyxis Oncology, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-74.4%
Sector avg: 15%
Net Profit Margin
-167.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Pyxis Oncology, Inc. Balance Sheet: PYXS Debt, Cash & Liquidity

Current Ratio
2.76x
Quick Ratio
2.76x
Debt/Equity
0.00x
Debt/Assets
51.4%
Interest Coverage
N/A
Long-term Debt
N/A

PYXS Revenue & Earnings Growth: 5-Year Financial Trend

PYXS 5-year financial data: Year 2024: Revenue $16.1M, Net Income -$73.8M, EPS $-1.85. Year 2025: Revenue $16.1M, Net Income -$77.3M, EPS $-1.32.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Pyxis Oncology, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-1.32 indicates the company is currently unprofitable.

PYXS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-187.7%
Free cash flow / Revenue

PYXS Quarterly Earnings & Performance

Quarterly financial performance data for Pyxis Oncology, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $2.8M -$21.2M $-0.35
Q2 2025 $2.8M -$3.3M $-0.29
Q1 2025 $16.1M -$3.3M $-0.06
Q3 2024 $16.1M -$21.2M $-0.35
Q2 2024 $16.1M -$3.3M $-0.29
Q1 2024 $16.1M -$3.3M $-0.06

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Pyxis Oncology, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$26.0M
Cash generated from operations
Capital Expenditures
$9.0K
Investment in assets
Dividends
None
No dividend program

PYXS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Pyxis Oncology, Inc. (CIK: 0001782223)

📋 Recent SEC Filings

Date Form Document Action
May 14, 2026 10-Q pyxs-20260331.htm View →
May 14, 2026 8-K pyxs-20260514.htm View →
Apr 30, 2026 DEF 14A 2026_pyxs-14a.htm View →
Mar 25, 2026 4 xslF345X06/ownership.xml View →
Mar 25, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about PYXS

What is the AI rating for PYXS?

Pyxis Oncology, Inc. (PYXS) has an AI grade of D with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PYXS's key strengths?

Claude: Zero long-term debt (Debt/Equity 0.00x) eliminates financial leverage risk and refinancing concerns. Adequate working capital coverage with 2.76x current ratio provides near-term operational flexibility.

What are the risks of investing in PYXS?

Claude: Existential cash runway crisis: less than 3 months of liquidity at current $26M annual operating burn rate requires immediate capital raise or restructuring. Revenue collapse with 14.2% YoY decline indicates failed product commercialization and deteriorating market position.

What is PYXS's revenue and growth?

Pyxis Oncology, Inc. reported revenue of $13.9M.

Does PYXS pay dividends?

Pyxis Oncology, Inc. does not currently pay dividends.

Where can I find PYXS SEC filings?

Official SEC filings for Pyxis Oncology, Inc. (CIK: 0001782223) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PYXS's EPS?

Pyxis Oncology, Inc. has a diluted EPS of $-0.37.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PYXS's fundamental grade?

Based on our AI fundamental analysis in May 2026, Pyxis Oncology, Inc. has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PYXS stock overvalued or undervalued?

Valuation metrics for PYXS: ROE of -74.4% (sector avg: 15%), net margin of -167.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is PYXS's AI grade for 2026?

Our dual AI analysis gives Pyxis Oncology, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PYXS's free cash flow?

Pyxis Oncology, Inc.'s operating cash flow is $-26.0M, with capital expenditures of $9.0K. FCF margin is -187.7%.

How does PYXS compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -167.9% (avg: 12%), ROE -74.4% (avg: 15%), current ratio 2.76 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 23, 2026 | Data as of: 2026-03-31 | Powered by Claude AI