Stocktoria

Incannex Healthcare Inc. IXHL

Nasdaq · stock · Pharmaceutical Preparations · website · IPO 2022-03-18

Incannex Healthcare Inc. (IXHL) earns a Piotroski F-score of 2/9 (weak financial health). It does not currently pay a dividend.

Chart by TradingView
22/100
Stocktoria Quality Score · grade D
2/9
Piotroski F — financial health
—
Altman Z″ — distress risk
—
Dividend yield · no dividend

Quality score trend · recomputed for each fiscal year

Piotroski F /9
1 1 3 3 2023202420252026
Altman Z″
9.01 2023202420252026

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$3.32 as of 2026-09-01 · -76.1% 1y
$2.94$13.9252-wk
Market cap USD$41M
Net margin 5y avg-104171.2%
Return on equity 5y avg-194.4%
Beta2.84
Employees12

Analyst price target

$17.57 +429.2% vs last
consensus: strong buy · 1 analysts
target range $17.57 – $17.57

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 3y · down

How it ranks in Manufacturing · percentile among 2036 companies

Piotroski Fstronger than 12%
Return on equitystronger than 38%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 2/9 tests passed

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
IXHLIncannex Healthcare Inc.2/9———
JNJJOHNSON & JOHNSON4/9—22.9+6%
LLYELI LILLY & Co7/9—55.1+44.7%
MRKMerck & Co., Inc.4/9—17.4+1.3%
PFEPFIZER INC4/9—17.8-1.6%
ABBVAbbVie Inc.7/9-0.34105.9+8.6%
BMYBRISTOL MYERS SQUIBB CO7/9—16.7-0.2%

All Manufacturing companies →

About Incannex Healthcare Inc.

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 treatment in Phase 2b clinical development for patients with generalized anxiety disorder. It is also developing IHL-675A, an oral fixed dose combination drug containing synthetic cannabidiol and hydroxychloroquine sulphate to treat rheumatoid arthritis, as well as lung inflammation, acute respiratory disease, chronic obstructive pulmonary disease, asthma, bronchitis, inflammatory bowel disease, colitis, and Crohn's disease. Incannex Healthcare Inc. is headquartered in Sydney, Australia.

FAQ

Is IXHL financially healthy?

Incannex Healthcare Inc.'s Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak).

Does IXHL pay a dividend?

No, Incannex Healthcare Inc. does not currently pay a dividend.

How profitable is IXHL?

In FY2025, Incannex Healthcare Inc. had a return on equity of -28.6%.

What is the analyst price target for IXHL?

The average Wall-Street price target for Incannex Healthcare Inc. is $17.57, about 429.2% above the recent price, from 1 analysts (consensus: strong buy).

Is IXHL a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Incannex Healthcare Inc.: a Piotroski F-score of 2/9. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-06-30. Facts plus Stocktoria's own computed scores — not investment advice.