Overview
Lexicon Q3 2025 total revenue increased to $14.2 mln, driven by licensing revenue
Net loss for Q3 2025 was $12.8 mln, significantly lower than Q3 2024
R&D expenses decreased to $18.8 mln due to lower external research costs
Outlook
Lexicon expects 2026 to be pivotal for strategic initiatives
FDA feedback on Zynquista resubmission expected in Q4 2025
Novo Nordisk preparing IND submission for LX9851, triggering potential milestone payments
Result Drivers
LICENSING REVENUE - Increase in Q3 2025 revenue attributed to licensing agreement with Novo Nordisk
EXPENSE REDUCTION - Decrease in R&D and SG&A expenses due to strategic repositioning and reduced marketing efforts
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Product Revenue | $1.01 mln | ||
Q3 EPS | -$0.04 | ||
Q3 Net Income | -$12.77 mln | ||
Q3 Basic EPS | -$0.04 | ||
Q3 Operating Expenses | $26.37 mln | ||
Q3 Operating Income | -$12.19 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Lexicon Pharmaceuticals Inc is $1.90, about 27.4% above its November 5 closing price of $1.38
Press Release: ID:nGNX8DQckG
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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