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NRx Pharmaceuticals to Report First-Quarter Earnings on May 18

Analysts expect NRx Pharmaceuticals to post a loss of 11 cents per share on $19.43 million in revenue. The company recently received FDA clearance to begin a clinical trial of NRX-101. Several analysts maintained Buy ratings with price targets ranging from $25 to $49.

Benzinga
1 source·May 15, 10:32 AM(14 days ago)·1m read
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NRx Pharmaceuticals to Report First-Quarter Earnings on May 18forbes.com
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NRx Pharmaceuticals, Inc. will release earnings for its first quarter before the opening bell on Monday, May 18. Analysts expect the company to report a quarterly loss of 11 cents per share. That compares with a loss of 34 cents per share in the year-ago period.

43 million, Benzinga reported. On May 7, NRx Pharma received clearance from the FDA to initiate a clinical trial of NRX-101 versus placebo in patients with depression and suicidality. The Wilmington, Delaware-based company trades under the ticker NRXP on NASDAQ.

21 on Thursday. 49 percent, in more recent trading. The article was published on May 15, 2026. Several analysts have maintained Buy ratings on the stock in recent weeks.

D. Boral Capital analyst Jason Kolbert maintained a Buy rating with a price target of $34 on May 5, 2026. Jason Kolbert has an accuracy rate of 47 percent, according to Benzinga.

Ascendiant Capital analyst Edward Woo maintained a Buy rating and increased the price target from $48 to $49 on the same day.

BTIG analyst Thomas Shrader maintained a Buy rating with a price target of $25 on March 24, 2026. Thomas Shrader has an accuracy rate of 58 percent. Benzinga reported on the analyst actions ahead of the earnings release.

Key Facts

NRx Pharmaceuticals to report Q1 earnings on May 18
Expected loss of 11 cents per share versus 34 cents year-ago on $19.43 million revenue consensus
FDA clearance received May 7
To start clinical trial of NRX-101 versus placebo in patients with depression and suicidality
All four analysts maintained Buy ratings
Price targets range from $25 to $49 with accuracy rates between 46 and 69 percent

Story Timeline

6 events
  1. 2026-05-15

    Benzinga article published detailing upcoming earnings and analyst ratings

    1 sourceBenzinga
  2. 2026-05-07

    NRx Pharma received FDA clearance for NRX-101 clinical trial

    1 sourceBenzinga
  3. 2026-05-05

    D. Boral Capital's Jason Kolbert maintained Buy rating with $34 target

    1 sourceBenzinga
  4. 2026-04-27

    Trucchio maintained Buy with $45 target; Ascendiant's Edward Woo raised target to $49

    1 sourceBenzinga
  5. 2026-03-24

    BTIG's Thomas Shrader maintained Buy rating with $25 target

    1 sourceBenzinga
  6. 2026-05-18

    NRx Pharmaceuticals scheduled to release Q1 earnings before market open

    1 sourceBenzinga

Potential Impact

  1. 01

    FDA trial clearance for NRX-101 may drive clinical development momentum in depression and suicidality treatment space

  2. 02

    Quarterly loss narrowing from 34 cents to expected 11 cents could be viewed as operational progress

  3. 03

    Positive analyst coverage with high price targets relative to current share price near $3.13 could support investor sentiment ahead of earnings

Transparency Panel

Sources cross-referenced1
Confidence score65%
Synthesized bySubstrate AI
Word count207 words
PublishedMay 15, 2026, 10:32 AM
Bias signals removed1 across 1 outlet
Signal Breakdown
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