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Biodexa Pharmaceuticals (BDRX) AI Stock Analysis

BDRX

Biodexa Pharmaceuticals

(NASDAQ:BDRX)

Select Model
Rating:38Underperform
Price Target:$3.00â–¼(-12.54% Downside)
Action:downgraded
Date:10/31/26

Weak financial performance from zero revenue and cash burn is the dominant factor, with bearish technical signals from price trends adding pressure and poor valuation metrics providing little support.

Positive Factors
Late-stage clinical progressReaching 100 patients in a registrational Phase 3 study advances eRapa toward potentially meaningful clinical and regulatory milestones. The rare, high-need indication and $20 million grant provide external support while improving development visibility over the next several quarters.
Negative Factors
No operating revenueThe absence of revenue confirms that Biodexa remains dependent on clinical development success rather than an established commercial franchise. Persistent operating and net losses limit internal funding capacity and leave future financial progress highly dependent on pipeline advancement or external capital.

Biodexa Pharmaceuticals (BDRX) vs. SPDR S&P 500 ETF (SPY)

-100%-75%-50%-25%0%25%50%75%BDRX-98.41%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
$319.90K
Dividend Yield
―
Average Volume (3M)
620.99K
Price to Earnings (P/E)
-64.0
Beta (1Y)
0.93
Revenue Growth
―
EPS Growth
97.97%
Country
US
Employees
11
Sector
Healthcare
Sector Strength
51
Industry
Biotechnology

Biodexa Pharmaceuticals Business Overview & Revenue Model

Company Description

Biodexa Pharmaceuticals Plc, a biopharmaceutical company in the clinical development stage, is dedicated to advancing a diverse portfolio of products. Founded in 2000 and headquartered in Cardiff, United Kingdom, the company was formerly known as Mid...

How the Company Makes Money

As a clinical-stage biopharmaceutical company, Biodexa’s primary way of generating cash is typically not from recurring product sales but from financing and, when applicable, deal-based revenue tied to its drug development programs. Key potential rev...

Biodexa Pharmaceuticals Financial Statement Overview

Summary

Zero revenue, persistent net losses, and significant cash burn dominate, with low debt offering limited balance sheet stability.

Income Statement

10Very Negative

Balance Sheet

45Neutral

Cash Flow

15Very Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue000381.00K699.00K578.00K
Gross Profit-129.28K-184.86K-5.44M-3.69M-4.41M-4.08M
EBITDA-4.68M-8.08M-8.95M-7.16M-8.09M-5.66M
Net Income-4.44M-6.24M-5.73M-7.08M-7.66M-5.46M
Balance Sheet
Total Assets12.64M18.15M14.78M10.54M5.53M12.91M
Cash, Cash Equivalents and Short-Term Investments3.21M8.52M1.67M5.97M2.84M10.06M
Total Debt060.89K727.00K464.00K624.00K766.00K
Total Liabilities3.09M6.76M6.46M5.86M2.36M2.46M
Stockholders Equity9.55M11.38M8.32M4.68M3.16M10.45M
Cash Flow
Free Cash Flow-6.95M-5.40M-13.04M-7.09M-7.11M-6.33M
Operating Cash Flow-6.94M-5.39M-12.26M-6.83M-7.05M-6.01M
Investing Cash Flow-1.04M-658.25K-598.00K-265.00K-220.00K-278.00K
Financing Cash Flow7.12M12.77M8.56M10.23M47.00K8.80M

Biodexa Pharmaceuticals Technical Analysis

Technical Analysis SentimentNegative
Last Price3.43

Price Trends

50DMA5.58Negative
100DMA11.41Negative
200DMA25.36Negative

Market Momentum

MACD-0.62Negative
RSI39.63Neutral
STOCH67.47Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BDRX, the sentiment is Negative. The current price of 3.43 is below the 20-day moving average (MA) of 3.71, below the 50-day MA of 5.58, and below the 200-day MA of 25.36, indicating a bearish trend. The MACD of -0.62 indicates Negative momentum. The RSI at 39.63 is Neutral, neither overbought nor oversold. The STOCH value of 67.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BDRX.

Biodexa Pharmaceuticals Risk Analysis

Biodexa Pharmaceuticals disclosed 69 risk factors in its most recent earnings report. Biodexa Pharmaceuticals reported the most risks in the "Finance & Corporate" category.

Higher RiskSector Avg.Lower RiskFinance & CorporateTech & InnovationLegal & RegulatoryProductionAbility to SellMacro & Political
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

1 New Risk
1.Geopolitical risks could result in increased market volatility and uncertainty, which could negatively impact our business, financial condition and results of operation.Q4, 2023

Biodexa Pharmaceuticals Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

BDRX against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
INDPINDP51Neutral$474.57M-0.44-302.75%――81.43%
INMINM48Neutral$8.79M-0.46-134.73%―-60.74%66.05%
CNSPCNSP42Neutral$7.31M-0.21-204.25%――88.43%
BDRXBDRX38Underperform$1.80M-64.02-42.42%――97.97%
ENVBENVB26Underperform$6.40M-0.09-168.05%――87.05%

* Healthcare Sector Average

Performance Comparison

-100%-50%0%50%BDRXINDPINMENVBCNSPDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
BDRX and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
BDRXBiodexa Pharmaceuticals Plc3.43-243.77-98.61%
INDPIndaptus Therapeutics, Inc.3.09-0.03-0.96%
INMInmed Pharmaceuticals Inc.1.60-0.25-13.51%
ENVBEnveric Biosciences, Inc.1.43-5.65-79.80%
CNSPCns Pharmaceuticals, Inc.5.00-2.17-30.26%

Biodexa Pharmaceuticals Corporate Events

Biodexa Reaches 100-Patient Milestone in Phase 3 Serenta Trial for FAP

Oct 14, 2026

Biodexa Pharmaceuticals reported on October 13, 2026 that it has enrolled 100 patients in its registrational Phase 3 Serenta trial of eRapa in Familial Adenomatous Polyposis, a hereditary condition that can lead to colorectal cancer and currently lac...

Biodexa Pharmaceuticals Announces Reverse ADS Ratio Change Effective Late October 2026

Oct 8, 2026

On October 8, 2026, Biodexa Pharmaceuticals announced it will change the ratio of its American Depositary Shares, moving from one ADS representing 50 ordinary shares to one ADS representing 400 ordinary shares, effective on or about October 26, 2026....

Biodexa Pharmaceuticals Secures $2.3 Million Via Warrant Exercise Deal

Sep 15, 2026

On September 14–15, 2026, Biodexa Pharmaceuticals PLC entered into a warrant inducement agreement with an accredited investor to trigger the full exercise of outstanding Series M, N and O warrants. The investor agreed to exercise warrants for 2...

Biodexa Pharmaceuticals Posts Interim 1H26 Results and Expands GI Cancer Pipeline

Sep 11, 2026

On September 11, 2026, Biodexa Pharmaceuticals reported unaudited interim results for the six months ended June 30, 2026, highlighting progress across its gastrointestinal cancer pipeline. During the period, the company in-licensed MTX240 for GIST fr...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 31, 2026