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Soligenix (SNGX)
NASDAQ:SNGX
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Soligenix (SNGX) AI Stock Analysis

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SNGX

Soligenix

(NASDAQ:SNGX)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
$0.38
▲(1.05% Upside)
Action:Reiterated
Date:08/18/26
The score is primarily held down by weak financial performance (pre-revenue, sizable losses, and ongoing cash burn implying continued funding needs). Technicals remain unfavorable on longer-term trend measures, and valuation is constrained by negative earnings. The latest corporate developments add meaningful risk due to both delisting pressure and a significant program termination.
Positive Factors
Low leverage and rebuilt equity
Modest leverage and improved equity provide a stronger capital structure than in prior periods, reducing near-term debt pressure and preserving flexibility to fund research, although continued losses could erode this position.
Negative Factors
Pre-revenue model with widening losses
The absence of meaningful revenue and persistent, widening losses show that the business has not yet reached commercial scale. Profitability visibility remains limited until a candidate is approved and generates recurring product revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and rebuilt equity
Modest leverage and improved equity provide a stronger capital structure than in prior periods, reducing near-term debt pressure and preserving flexibility to fund research, although continued losses could erode this position.
Read all positive factors

Soligenix (SNGX) vs. SPDR S&P 500 ETF (SPY)

Soligenix Business Overview & Revenue Model

Company Description
Soligenix, Inc., a biopharmaceutical firm in its advanced development stages, concentrates on bringing innovative products to market within the United States, specifically targeting rare illnesses. The company's operations are divided into two mai...
How the Company Makes Money
Soligenix’s earnings are primarily driven by non-dilutive funding and contractual revenue tied to biodefense and public-health preparedness work, supplemented by collaboration-related payments and other research-related income when applicable. Spe...

Soligenix Financial Statement Overview

Summary
Financials are very weak overall: the company is essentially pre-revenue with persistent and widening net losses (TTM net income around -$10.2M) and consistently negative operating/free cash flow (TTM operating cash flow about -$9.7M), implying ongoing reliance on external funding. The main offset is a somewhat improved balance sheet with low leverage (debt-to-equity ~0.05–0.07) and rebuilt equity in the most recent period, but heavy burn remains the dominant risk.
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
12
Very Negative
BreakdownTTMMar 2026Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.000.00250.00K33.35K
Gross Profit-2.10K0.00-119.37K-742.05K-300.82K-695.29K
EBITDA-10.91M-11.58M-9.46M-7.67M-14.11M-12.48M
Net Income-10.24M-11.08M-8.27M-6.14M-13.80M-12.55M
Balance Sheet
Total Assets10.50M9.24M8.97M9.80M14.28M26.87M
Cash, Cash Equivalents and Short-Term Investments9.81M7.94M7.82M8.45M13.36M26.04M
Total Debt302.59K358.14K1.48M3.49M10.24M9.96M
Total Liabilities3.85M3.94M4.85M7.27M16.75M16.15M
Stockholders Equity6.65M5.29M4.12M2.52M-2.47M10.72M
Cash Flow
Free Cash Flow-9.74M-10.27M-8.40M-8.60M-12.66M-11.75M
Operating Cash Flow-9.74M-10.27M-8.40M-8.60M-12.65M-11.74M
Investing Cash Flow-2.57K-5.88K0.000.00-13.07K-11.79K
Financing Cash Flow14.46M10.39M7.76M3.66M76.82K19.06M

Soligenix Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.38
Price Trends
50DMA
0.38
Negative
100DMA
0.54
Negative
200DMA
0.92
Negative
Market Momentum
MACD
<0.01
Negative
RSI
46.94
Neutral
STOCH
22.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNGX, the sentiment is Negative. The current price of 0.38 is below the 20-day moving average (MA) of 0.39, below the 50-day MA of 0.38, and below the 200-day MA of 0.92, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 46.94 is Neutral, neither overbought nor oversold. The STOCH value of 22.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SNGX.

Soligenix Risk Analysis

Soligenix disclosed 47 risk factors in its most recent earnings report. Soligenix reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Soligenix Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
50
Neutral
$12.37M-1.41-47.86%-93.71%23.89%
45
Neutral
$7.47M-0.76-201.06%
42
Neutral
$8.36M-0.30-246.04%66.94%
42
Neutral
$10.49M-0.56-160.55%-87.73%51.12%
38
Underperform
$4.64M-0.05-709.51%-100.00%77.63%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SNGX
Soligenix
0.38
-2.72
-87.74%
BLRX
Bioline RX Ltd Sponsored ADR
2.76
-1.03
-27.18%
CANF
Can-Fite BioPharma
3.37
-9.26
-73.31%
GOVX
GeoVax Labs
0.72
-17.92
-96.15%
AIMD
Ainos
1.42
-2.40
-62.83%

Soligenix Corporate Events

Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Soligenix Expands At-the-Market Equity Offering Capacity
Neutral
Jun 26, 2026
On June 26, 2026, Soligenix, Inc. increased the maximum aggregate amount of common stock it may issue under its existing At Market Issuance Sales Agreement with Rodman Renshaw LLC by an additional $2.5 million, as detailed in a newly filed prospe...
Business Operations and StrategyDelistings and Listing ChangesRegulatory Filings and Compliance
Soligenix Halts HyBryte Program, Refocuses Pipeline Strategy
Negative
Jun 12, 2026
On June 10, 2026, Soligenix received notice from Nasdaq that its shares no longer met the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market, triggering a 180-day compliance period through December 7, 2026. Whil...
Private Placements and FinancingRegulatory Filings and Compliance
Soligenix Expands At-The-Market Equity Financing Capacity
Neutral
May 28, 2026
On May 28, 2026, Soligenix, Inc. filed a prospectus supplement to increase the maximum aggregate amount of common stock it may issue under its existing At Market Issuance Sales Agreement with Rodman Renshaw LLC by an additional $2,956,000, after ...
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: Aug 18, 2026