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AMLXAmylyx Pharmaceuticals, Inc.Sell4.8·$13.10-1.65%
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Amylyx Pharmaceuticals, Inc. (AMLX) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Healthcare · Drug Manufacturers - Specialty & Generic

Sell if holding. Engine safety override at $13.10: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 4.8:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 7.60; Below-average business quality.

Amylyx Pharmaceuticals is a clinical-stage pharmaceutical company developing avexitide (Phase 3 LUCIDITY trial complete for post-bariatric hypoglycemia, topline data expected Q3 2026) and AMX0035 (Phase 2 for Wolfram syndrome). The company withdrew its previous commercial... Read more

QualityF-score2 / 9FCF yield-4.94%
Stop $12.10Target $20.36(analyst − 13%)A.R:R 4.8:1
Analyst target$23.40+78.6%10 analysts
$20.36our TP
$13.10price
$23.40mean
$34

Sell if holding. Engine safety override at $13.10: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 4.8:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 7.60; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.8/10, moderate confidence.

Passes 7/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 58d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.

10-K grounded · weekly refresh

About Amylyx Pharmaceuticals, Inc.

About Amylyx Pharmaceuticals, Inc.

Amylyx Pharmaceuticals is advancing avexitide through the 75-participant Phase 3 LUCIDITY trial for post-bariatric hypoglycemia, with topline data expected in Q3 2026 and a commercial launch targeted for 2027 if the FDA approves. The company accumulated a $751.4 million deficit through December 31, 2025—following the 2024 voluntary market withdrawal of RELYVRIO/ALBRIOZA for ALS after the Phase 3 PHOENIX trial failed its primary and secondary endpoints—down from $380.8 million in RELYVRIO revenue generated in 2023.

Amylyx generates no product revenue following the withdrawal of RELYVRIO/ALBRIOZA; future revenue depends on regulatory approval and successful commercialization of pipeline assets. Avexitide targets post-bariatric hypoglycemia (PBH), estimated to affect roughly 8% of U.S. patients who have undergone the two most common bariatric surgeries—approximately 160,000 people in the U.S. The FDA granted avexitide Breakthrough Therapy Designation for both PBH and congenital hyperinsulinism, Rare Pediatric Disease Designation for congenital HI, and Orphan Drug Designation for hyperinsulinemic hypoglycemia. Manufacturing of all pipeline assets—avexitide, AMX0035, AMX0114, and AMX0318—is entirely outsourced to third-party CMOs; the company has no internal manufacturing capability. AMX0035, an oral fixed-dose combination of sodium phenylbutyrate and taurursodiol, is in open-label Phase 2 (HELIOS) for Wolfram syndrome, with positive Week 48 data announced in May 2025. AMX0114, an antisense oligonucleotide targeting calpain-2, entered Phase 1 in ALS with first participant dosing in April 2025.

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Amylyx's near-term valuation is binary on the LUCIDITY topline readout expected Q3 2026: a successful outcome supports a U.S. NDA submission and a planned 2027 commercial launch, while a failure would eliminate the primary near-term revenue path. Five prior clinical trials in PBH—including the 28-day PREVENT Phase 2, which met its primary endpoint with a statistically significant 21% improvement in glucose nadir—form the evidentiary basis for Phase 3, but prior Phase 2 success has not protected the company before: PHOENIX failed despite encouraging Phase 2 data for ALS. The 10-K cautions that the PBH and congenital HI markets may be smaller than expected, adding commercial-size risk on top of trial outcome uncertainty.

See also: Healthcare · Drug Manufacturers - Specialty & Generic

From Amylyx Pharmaceuticals, Inc.'s most recent 10-K filing, extracted June 9, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-09
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202658d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Pipeline: avexitide
Quality below floor (1.2 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-10.3
Mkt Cap$1.4B
EV/EBITDA-7.4
Profit Mgn0.0%
ROE-63.3%
Rev Growth
Beta-0.16
DividendNone
Rating analysts18

Quality Signals

Piotroski F2/9

Options Flow

P/C7.60bearish
IV83%elevated
Max Pain$10-23.7% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHpipelineavexitide
    10-K Item 1A: 'We currently depend heavily on the success of avexitide, our most advanced product candidate, and AMX0035.'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers·1 ceiling hit

Volatile — 5.8% daily ATR makes tight stops impractical. Position-size conservatively.static

Days To Cover
0.0
Volatility
0.0
Put Call
0.0
Implied Vol
0.0
Short Interest
1.8
Debt Equity
2.9
Max Pain Risk
3.0
High short interest justified: 17%Elevated put/call: 7.60High IV: 83%Above max pain $10Concentration risks: 1 HIGH (10-K Item 1A — sized via position_sizing, validated via buy_confidence)

Quality below the gate floor. Component breakdown shows what dragged the score down.static

Roe
0.0
Roa
0.0
Gross Margin
0.0
Operating Margin
0.0
Net Margin
0.0
Fcf Quality
0.0
Piotroski F
2.2
Moat
3.2
Current Ratio
5.0
Cash-burning (FCF negative)No competitive moatWeak Piotroski F-Score: 2/9Quality concerns

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.0
Value Rank
5.0
Growth Rank
5.0
GatesMomentum 4.5<4.5A.R:R 4.8 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 58d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
51 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $12.44Resistance $15.23

Price Targets

$12
$20
A.Upside+55.4%
A.R:R4.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (1.2 < 4.0)
! momentum at 4.5 (below the engine's 4.5 threshold)

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-06 (58d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is AMLX stock a buy right now?

Sell if holding. Engine safety override at $13.10: Quality below floor (1.2 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 4.8:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 17%; Elevated put/call ratio: 7.60; Below-average business quality. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $12.10. Score 4.8/10, moderate confidence.

What is the AMLX stock price target?

Take-profit target: $20.36 (+56.5% upside). Prior stop was $12.10. Stop-loss: $12.10.

What are the risks of investing in AMLX?

Concentration risk — Pipeline: avexitide; Quality below floor (1.2 < 4.0).

Is AMLX overvalued or undervalued?

Amylyx Pharmaceuticals, Inc. trades at a P/E of N/A (forward -10.3). TrendMatrix value score: 9.0/10. Verdict: Sell.

What do analysts say about AMLX?

18 analysts cover AMLX with a consensus score of 4.3/5. Average price target: $23.

What does Amylyx Pharmaceuticals, Inc. do?Amylyx Pharmaceuticals is a clinical-stage pharmaceutical company developing avexitide (Phase 3 LUCIDITY trial complete...

Amylyx Pharmaceuticals is a clinical-stage pharmaceutical company developing avexitide (Phase 3 LUCIDITY trial complete for post-bariatric hypoglycemia, topline data expected Q3 2026) and AMX0035 (Phase 2 for Wolfram syndrome). The company withdrew its previous commercial product RELYVRIO for ALS in 2024 and currently has no approved products or revenue.

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