ANVS · NYSE · Biotechnology

Annovis Bio (ANVS)

Develops oral buntanetap for Alzheimer's and Parkinson's disease.

$1.30
vs last close+0.03 (+2.78%)
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Annovis Bio, Inc.ANVS
Health Care

Advances buntanetap, an investigational oral therapy for Alzheimer's and Parkinson's disease. The founder-led company has no commercialized products and has historically funded operations through common-stock and warrant issuances.

Develops buntanetap, an investigational oral therapy for neurodegenerative diseases including Alzheimer's disease and Parkinson's disease. The central program was licensed from the U.S. National Institute on Aging, and the company has no history of commercializing a pharmaceutical product.

Operations principally focus on preclinical and clinical studies. The pivotal early-Alzheimer's study is fully enrolled at U.S. sites. Founder, President and CEO Maria L. Maccecchini leads the clinical-stage organization. Commercialization of buntanetap depends on completing pivotal trials, receiving marketing approval, manufacturing at commercial scale, building sales and marketing capabilities, and securing additional capital.

Company facts

CEOMaria L. Maccecchini
ListedJan 29, 2020
ExchangeNYSE
HeadquartersMalvern, PA
CountryUnited States
Employees8
CIK0001477845
ISINUS03615A1088

Market cap$53.6M
EPS (ttm)−$1.79
P/E (ttm)−0.7039
ROE-686.0%
P/B
P/S
Dividend yieldDiv yield
Beta1.84vs XLV 0.95

Price target$26.00+1,963.5%Average of 9 analysts
ConsensusBuy7 of 9 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 7, 2026Roth CapitalInitiate
Rating:
Rating: Buy
Feb 10, 2025D. Boral CapitalDowngrade
Rating: Buy
Rating: Hold
Oct 25, 2024Maxim GroupUpgrade
Rating: Hold
Rating: Buy

Next report
Nov 11, 26
estimated · in 49 days
EPS estimate
−$0.30
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
Reported−$0.43−$0.32−$0.32−$0.37−$0.39−$0.63−$0.40Pending
Estimate−$0.38−$0.47−$0.36−$0.36−$0.31−$0.40−$0.45−$0.30
Surprise−13.2%+31.9%+11.1%−2.8%−26.5%−59.5%+11.8%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26Nov '26
ReportedPending
Estimate
Surprise
Estimate−$0.30
ReportedDue Nov 11, 2026
Estimate
ReportedDue Nov 11, 2026
View details

Current ratio294.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$12.6M−$5.9M−$5.5M−$6.2M−$7.3M−$9.8M−$17.6M−$14.8M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$4.4M−$6.7M−$6.3M−$6.3M−$7.4M−$9.7M−$18.0M−$14.4M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $18.7M · Total debt $0 · Total assets $22.0M · Shareholders' equity −$4.3M

Revenue
$0
Operating income
−$14.4M
Net income
−$14.8M
View details

No dividends on record.

Institutions25.47%10.85M shares
69 holders · as of Jun 30, 2026
Insiders10.80%4.60M shares
5 holders · as of May 21, 2026
Strategic holders6.51%2.78M shares
1 holder · as of Aug 14, 2026
Other57.22%24.38M shares
remainder

42.61M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Michael B. HoffmanInsiderdirector
7.90%3.36Mfiled May 21, 2026
Highbridge Capital Management, LLCStrategic
6.51%2.78Mfiled Aug 14, 2026
Empery Asset Management, LPInstitution
5.64%2.40Mas of Jun 30, 2026
Marshall Wace, LLPInstitution
4.32%1.84Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
3.87%1.65Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 20, 2026Michael B. Hoffmandirector+76,344$1.87
Apr 2, 2026Michael B. Hoffmandirector+713,800$2.10
Dec 8, 2025Michael B. Hoffmandirector+45,000$4.31
Nov 24, 2025Michael B. Hoffmandirector+39,200$4.08
Nov 21, 2025Michael B. Hoffmandirector+20,000$3.50
View details

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