MetaCap

Incannex Healthcare (IXHL) vs Talphera (TLPH)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Talphera (TLPH) has outperformed Incannex Healthcare (IXHL) over the past year, losing 18.2% versus a loss of 75.3%. Talphera is the larger company by market cap ($56.1 million vs $40.1 million), about 1.4 times the size.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

IXHL-75.31%TLPH-18.18%
+16%-34%-85%
Oct 8, 20251 yearOct 8, 2026
IXHL-99.79%TLPH-86.50%
+16%-45%-105%
Feb 28, 20225 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

IXHL versus TLPH key metrics
MetricIXHLTLPH
Share price$3.20$1.08
Market cap$40.14M$56.06M
1-day change+0.63%+2.86%
YTD return-70.20%-5.26%
1-year return-75.31%-18.18%
5-year return—-94.71%
EPS (TTM)$-1.66$-0.26
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$14.91$1.57
52-week low$2.49$0.69
Distance from 52-week high-78.54%-31.21%
Analyst consensusstrong_buynone
Avg. price target upside+483.75%+189.81%
Average volume94.75K238.38K
Shares outstanding12.54M51.91M
Employees1212
SectorHealthcareHealthcare
IndustryDrug Manufacturers - Specialty & GenericDrug Manufacturers - Specialty & Generic

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • TLPH has outperformed IXHL by 57.1 percentage points over the past year.

About Incannex Healthcare

IXHL stock →

Incannex Healthcare Inc., a clinical-stage biopharmaceutical company, engages in the research and development of psychedelic medicines and therapies for patients with chronic diseases in Australia. The company develops IHL-42X, an oral fixed dose combination of dronabinol and acetazolamide that is in Phase 2/3 clinical trial for the treatment of obstructive sleep apnea; and PSX-001, an oral synthetic psilocybin treatment in Phase 2b clinical development for patients with generalized anxiety disorder.

Healthcare · Drug Manufacturers - Specialty & Generic · 12 employees

About Talphera

TLPH stock →

Talphera, Inc., a specialty pharmaceutical company, focuses on the development and commercialization of therapies for use in medically supervised settings. The company's lead product candidate, Niyad, is a lyophilized formulation of nafamostat that acts as a regional anticoagulant for infusion into the extracorporeal circuit.

Healthcare · Drug Manufacturers - Specialty & Generic · 12 employees

IXHL vs TLPH FAQ

Which is bigger, Incannex Healthcare or Talphera?

Talphera (TLPH) is larger, with a market capitalization of $56.06M compared with $40.14M for Incannex Healthcare (IXHL).

Which stock has performed better over the past year, IXHL or TLPH?

TLPH returned -18.18% over the past 12 months, compared with -75.31% for IXHL (price return, excluding dividends). Past performance does not predict future results.

Are Incannex Healthcare and Talphera in the same industry?

Yes. Both are classified in the Drug Manufacturers - Specialty & Generic industry within the Healthcare sector.

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