IXHL

Incannex Healthcare Inc. Common Stock (IXHL)

Stock · NASDAQ · Health Care

$2.83as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 2, 2026

Stonegate Updates Coverage on Incannex Healthcare (IXHL). Stonegate has updated its coverage of Incannex Healthcare for fiscal year 2026. The stock is currently trading within a wide 52-week range, with the recent price action near the $3.16 support level providing context for this analyst update. The single available analyst target remains significantly higher than the current trading price.

Active signals

Resistance level
$3.11
Industry
Biotechnology: Pharmaceutical Preparations

What IXHL's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Bollinger Band Breakdown16-15.1%38%
Bollinger Band Breakout14-16.6%29%
Volume Spike12-20.2%17%
200-Day Moving Average TouchActive now4-38.6%0%
Any 20-session window (baseline)-7.8%36%

Computed by MarketWall from daily closing prices since December 14, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About IXHL

Incannex Healthcare Inc., a clinical-stage biopharmaceutical company, engages in the research and development of psychedelic medicines and therapies for patients with chronic diseases in Australia. The company develops IHL-42X, an oral fixed dose combination of dronabinol and acetazolamide that is in Phase 2/3 clinical trial for the treatment of obstructive sleep apnea; and PSX-001, an oral synthetic psilocybin treat…

Sector
Health Care
Industry
Biotechnology: Pharmaceutical Preparations
Employees
12

Fundamentals

1-day range
$2.75$2.89
Market cap
$37.21M
P/E (trailing)
—
P/E (forward)
-1.69
EPS (trailing)
$-1.70
Dividend yield
—
Beta
1.83
Avg. volume
87.9K
52-week range
$2.49$14.91

How Incannex Healthcare Inc. Common Stock Makes Money

Where the revenue actually goes — FY2025 annual results

market-wall.comTotalRevenue$86.0KSG&A$13.13M (15265%)R&D$10.75M (12497%)IXHL

Source: 10-K filed Sep 29, 2025 · via SEC EDGAR / Finnhub

Operating Income-$23.79M(-27662%)

Forecasts

2 analyst ratings

Buy 86%
Hold 14%
Sell 0%
1-year price forecast
High
$19.27
+581.0%
Median
$18.62
+557.9%
Low
$17.97
+534.9%

Incannex Healthcare Inc. Common Stock Competitors

Chosen by industry and closest market cap.

  • IXHL
    Incannex Healthcare Inc. Common Stock
    $2.82
    ▼ 2.08%
    Market cap $37.21MP/E —
    $2.49$14.91
  • CRVO
    CervoMed Inc. Common Stock
    $2.24
    ▼ 0.44%
    Market cap $37.33MP/E —
    $2.13$10
  • APLM
    Apollomics Inc. Class A Ordinary Shares
    $21.1
    ▲ 0.48%
    Market cap $37.33MP/E —
    $10.01$42.12
  • VERU
    Veru Inc. Common Stock
    $2.3
    ▼ 5.74%
    Market cap $37.08MP/E —
    $2.05$7.33
  • BYSI
    BeyondSpring Inc. Ordinary Shares
    $0.559
    ▼ 3.95%
    Market cap $35.77MP/E —
    $0.5657$2.44
  • NNVC
    NanoViricides Inc. Common Stock
    $1.38
    ▲ 0.73%
    Market cap $35.56MP/E —
    $0.85$2.23
  • LTRN
    Lantern Pharma Inc. Common Stock
    $0.668
    ▲ 0.15%
    Market cap $35.47MP/E —
    $0.651$4.58

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Institutional Ownership

March 31, 2026

Total shares held
1.29M
Total value held
$3.82M
Institutional holders
19
Top holders this quarter
  • Unknown625.0K
  • Unknown162.9K
  • Unknown149.9K
  • Unknown104.1K
  • Unknown73.2K
  • Unknown71.2K
  • Unknown40.4K
  • Unknown24.5K
  • Unknown16.2K
  • Unknown12.1K

See the full, filterable feed with live charts on the MarketWall dashboard.

We use analytics to understand how market-wall is used. No personal data is sold.