Janux Therapeutics, Inc.(JANX)Stock Analysis
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Rank #2,573 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
JANX Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Janux Therapeutics, Inc. (JANX), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores JANX at 24.8/100 on a 32-signal composite quality model, placing it at rank #2,573 of 2,879 stocks — the bottom half of the AI-ranked universe. JANX scores in the top quartile across revenue growth (90.8). Areas of concern include profitability (2.8) and free cash flow (3.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 1.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Janux Therapeutics, Inc. reports quarterly revenue of $3.7M, net income of $-24.4M, free cash flow of $-12.6M. Top institutional holders of JANX by reported 13-F value include RA CAPITAL MANAGEMENT, L.P., BlackRock,, JANUS HENDERSON GROUP PLC, based on the most recent SEC filings. JANX trades on the Nasdaq exchange and files with the SEC under CIK 1817713. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate JANX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Janux Therapeutics, Inc. directly from SEC EDGAR. Janux Therapeutics, Inc.'s 13F Pro composite quality score has ranged between 8 and 76 since 2023, currently 24.8 — an improving long-term trajectory across 40 quarterly and live scoring snapshots.
Revenue
Q1 2026
$3.7M
Net Income
Q1 2026
$-24.4M
Free Cash Flow
Q1 2026
$-12.6M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-5.6% YoYNet Income
-64.7% YoYOperating Income
-59.5% YoYEPS (Diluted)
-43.0% YoYTotal Assets
-5.6% YoYOp. Cash Flow
-87.7% YoY| Metric | FY 2025 | FY 2024 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Revenue | $10.0M -5.6% | $10.6M +191.1% | $3.6M | $0.00 | — |
| Net Income | $-113.6M -64.7% | $-69.0M -111.2% | $-32.7M -381.6% | $-6.8M | — |
| Operating Income | $-157.7M -59.5% | $-98.8M -200.2% | $-32.9M -579.9% | $-4.8M | — |
| EPS (Diluted) | $-1.83 -43.0% | $-1.28 -18.0% | $-1.09 | — | — |
| Total Assets | $1.00B -5.6% | $1.06B +179.5% | $379.8M +2242.1% | $16.2M | — |
| Operating Cash Flow | $-82.2M -87.7% | $-43.8M -158.1% | $-17.0M -288.6% | $-4.4M | — |
AI Insight: JANX Financial Trends
Janux burns through $66M in equity over the past year despite sporadic revenue recognition, with operating losses consistently above $30M per quarter.
• Equity declined from $1,023M in Q4 2024 to $942M in Q1 2026, representing $81M in shareholder value erosion.
• Operating losses remained elevated, ranging from $29M to $45M per quarter throughout the eight-quarter period.
• Revenue recognition remains lumpy and minimal, totaling only $23M across eight quarters with five quarters showing zero revenue.
⚠ Operating cash flow burn accelerated to $29M in Q4 2025 from $13M in Q3 2025, signaling intensifying cash consumption.
⚠ Company maintains debt-free balance sheet with substantial equity cushion, providing runway for continued operations despite losses.
AI Insight: JANX Ratio Trends
Janux shows persistent negative returns across all profitability metrics with ROIC deteriorating from -8.4% in Q2 2024 to -14.5% in Q1 2026.
• ROIC declined from -8.4% in Q2 2024 to -14.5% in Q1 2026, reflecting worsening capital efficiency.
• ROE deteriorated from -3.6% in Q2 2024 to -10.3% in Q1 2026, showing declining shareholder returns.
• All profitability metrics remain deeply negative throughout the observation period with no clear improvement trend.
⚠ Volatile quarterly ROIC swings between -11.3% and -21.9% suggest unstable operational performance.
⚠ Missing operating margin and net profit margin data limits visibility into core operational trends.
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Available Research
13F Pro tracks comprehensive data for Janux Therapeutics, Inc. including:
Top Institutional Holders of JANX
RA CAPITAL MANAGEMENT, L.P.
$155.5M11,189,693 shBlackRock, Inc.
$75.5M5,433,233 shJANUS HENDERSON GROUP PLC
$58.3M4,196,409 shProsight Management, LP
$49.3M3,550,000 shFMR LLC
$35.2M2,535,724 shSTATE STREET CORP
$34.2M2,464,017 shVANGUARD CAPITAL MANAGEMENT LLC
$25.2M1,811,365 shTCG Crossover Management, LLC
$24.9M1,789,617 shAlyeska Investment Group, L.P.
$22.3M1,601,089 shWELLINGTON MANAGEMENT GROUP LLP
$22.2M1,597,650 sh
| Fund | Value | Shares |
|---|---|---|
| RA CAPITAL MANAGEMENT, L.P. | $155.5M | 11,189,693 |
| BlackRock, Inc. | $75.5M | 5,433,233 |
| JANUS HENDERSON GROUP PLC | $58.3M | 4,196,409 |
| Prosight Management, LP | $49.3M | 3,550,000 |
| FMR LLC | $35.2M | 2,535,724 |
| STATE STREET CORP | $34.2M | 2,464,017 |
| VANGUARD CAPITAL MANAGEMENT LLC | $25.2M | 1,811,365 |
| TCG Crossover Management, LLC | $24.9M | 1,789,617 |
| Alyeska Investment Group, L.P. | $22.3M | 1,601,089 |
| WELLINGTON MANAGEMENT GROUP LLP | $22.2M | 1,597,650 |
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Popular Research
Is JANX a good stock to buy?
13F Pro's AI-powered analysis of Janux Therapeutics, Inc. (JANX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for JANX are available on the JANX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own JANX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling JANX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Janux Therapeutics, Inc.'s investment landscape.