Supernus Pharmaceuticals Q3 revenue rises 18% on CNS growth
Overview
U.S. CNS drugmaker's Q3 total revenue rose 18% yr/yr on strong growth products
Adjusted operating earnings for Q3 increased from prior year, driven by higher revenue
Company expects Indivior merger to close Nov. 2, creating larger CNS biopharma
Outlook
Company raises 2026 full-year revenue guidance to $875 mln-$900 mln
Supernus expects 2026 adjusted operating earnings of $160 mln-$180 mln
Company says 2026 guidance will no longer apply after Indivior merger closes Nov. 2, 2026
Result Drivers
GROWTH PRODUCTS - Co said revenue growth was driven by higher net sales of Qelbree, GOCOVRI, ZURZUVAE, and ONAPGO
ZURZUVAE COLLABORATION - Collaboration revenue from ZURZUVAE more than doubled, with U.S. sales reported by Biogen up 53% yr/yr
ONAPGO DEMAND - ONAPGO net sales more than doubled, supported by prescription growth and orphan-drug approval
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Product Sales | $178.60 mln | ||
Q3 Adjusted Revenue from commercial products | $220.30 mln | ||
Q3 Operating Earnings | $21.18 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy"
Wall Street's median 12-month price target for Supernus Pharmaceuticals, Inc. is $65.00, about 58.2% above its October 28 closing price of $41.08
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 15 three months ago
Reuters Recommended Reads
Oct 29 - Indivior Pharmaceuticals tops Q3 revenue estimates, net income hits record
Oct 28 - Biogen Q3 revenue beats on Apellis acquisition, product demand
Oct 28 - Biogen tops quarterly estimates on rare-disease drug strength
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)