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Annexon, Inc.ANNXCompetitor analysis, valuation and peers

United States · USD·Health Care›Pharmaceuticals: Major
Momentum weak 26
Mkt cap
$796M
US dollars, full cap
Free float
87%
of shares outstanding
$/day
$14.6M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 11.8%
Hurdle
n/a
no reverse DCF
Next earnings
10 days
16 Nov 2026
Close · USD$4.20
1D+4.9%
1W+3.7%
1M+5.0%
3M-22.1%
6M-26.2%
YTD-16.3%
1Y+39.5%
ATR %6.6%
Beta1.55
52w lowhigh41.5% off high

What Annexon does

Employees: 96

Annexon at a glance

Size Annexon (ANNX) is a United States Health Care company (Pharmaceuticals: Major) with a market value of $796M, the 2399th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.20 on 6 Nov 2026.

Performance Over six months the shares fell 26.2%, against -8.0% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 20 in its peer set.

Short interest Short interest is 16.7% of the free float (15 Oct 2026).

Next results Next results expected around 16 Nov 2026 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 91ANNX 74
Six months, rebased to 100: Annexon against the median of its 20 peers (local-currency closes).

Annexon financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$0$0$0$0$0
Revenue growth—————
Gross profit-$3.81M-$3.69M-$3.45M-$3.27M-$3.31M
EBITDA-$207M-$213M-$151M-$140M-$142M
Net income-$203M-$207M-$138M-$134M-$142M
Free cash flow-$193M-$186M-$118M-$121M-$123M
Capital expenditure$185,000$137,000$15,000$193,000$6.53M
Total debt$24.7M$26.2M$29.0M$31.4M$32.9M

Quarterly statements and history in the cockpit →

Annexon competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%+20%SUVENSANOFILXRXGUD3001002940300705006120COLLALMS00239060047900290768856668865805700023492171ANNX6-month return →1-month return →
Up and to the right = strong over both horizons. Annexon is the large dot.

Annexon competitors and peer comparison

How Annexon compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Annexon against its 20 peers (data as of 6 Nov 2026)
MeasureANNXPeer medianRank in peer set
1-month return+5.0%-3.6%6th highest of 20
6-month return-26.2%-8.0%6th lowest of 20
Distance from 52-week high-41.5%-30.4%6th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Annexon ANNXUnited States$796M-26%n/an/an/an/an/a
Suven Life Sciences SUVEN.NSIndia$792M+20%+17%-4,228%849.2×n/an/a
Sanofi India SANOFI.NSIndia$800M-3%-6%26%4.2×16.5%-8.7%
Lexicon Pharmaceuticals LXRXUnited States$792M-11%-29%-131%15.9×n/an/a
Knight Therapeutics GUD.TOCanada$800M+37%+42%5%1.9×9.5%+17.7%
Katakura Industries 3001.TJapan$791M+46%0%16%2.5×0.2%+0.5%
Zhejiang Anglikang Pharmaceutical 002940.SZChina$801M-19%-6%10%4.2×18.2%+2.1%
Hunan Jiudian Pharmaceutical 300705.SZChina$789M-18%-5%13%1.9×-1.1%+26.1%
SK Discovery 006120.KSSouth Korea$804M+11%+20%3%0.8×n/an/a
Collegium Pharmaceutical COLLUnited States$788M-36%+14%20%2.3×-7.0%+20.3%
Alumis ALMSUnited States$805M-27%-63%-5,480%45.8×n/an/a
Guizhou Xinbang Pharmaceutical 002390.SZChina$805M-10%-13%4%0.9×-3.0%-0.8%
Zhuzhou Qianjin Pharmaceutical 600479.SSChina$787M-3%+4%11%1.4×-1.4%0.0%
Chongqing Pharscin Pharmaceutical 002907.SZChina$808M-7%+8%10%5.7×10.7%-1.4%
Bambusa Therapeutics BBTXUnited States$783Mn/an/an/an/an/an/a
Jiangsu Jibeier Pharmaceutical 688566.SSChina$777M-8%+9%24%4.3×11.5%+11.3%
Youcare Pharmaceutical 688658.SSChina$776M-41%-7%-13%2.0×n/an/a
DongKook Pharmaceutical 086450.KSSouth Korea$776M-1%+13%10%1.1×-6.3%+10.6%
China Traditional Chinese Medicine 0570.HKHong Kong$771M-29%-16%0%0.4×n/an/a
Jinghua Pharmaceutical 002349.SZChina$825M-8%+2%20%3.2×-1.8%+2.6%
CARsgen Therapeutics 2171.HKHong Kong$825M-54%+68%-170%32.3×n/an/a

Questions

Which companies are Annexon's closest peers?
The cockpit's peer set: Suven Life Sciences (SUVEN.NS), Sanofi India (SANOFI.NS), Lexicon Pharmaceuticals (LXRX), Knight Therapeutics (GUD.TO), Katakura Industries (3001.T), Zhejiang Anglikang Pharmaceutical (002940.SZ), Hunan Jiudian Pharmaceutical (300705.SZ), SK Discovery (006120.KS).
How has Annexon stock performed?
Over six months to 6 Nov 2026 the shares returned -26.2% against -8.0% for the median peer; over one year +39.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.