Biohaven Reports Phase 2 Study Failure for BHV-7000, Stock Drops
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2025
0mins
Source: Benzinga
- Study Results Disappoint: Biohaven Ltd. (NYSE:BHVN) reported on Friday that its Phase 2 trial for BHV-7000 targeting major depressive disorder failed to meet its primary endpoint, resulting in a 10.4% drop in stock price, reflecting market concerns over the drug's development prospects.
- Market Volatility: On the same day, industrial stocks fell by 0.2%, indicating uncertainty in the economic outlook, which could impact investor confidence and future capital flows.
- Diverse Stock Performance: While Biohaven's stock declined, shares of Davis Commodities Ltd. (NASDAQ:DTCK) surged by 105.6% following the release of its financial results, highlighting a divergence in market reactions to different companies.
- Overall Market Dynamics: The Dow Jones index fell by 0.1%, while the NASDAQ and S&P 500 indices rose by 0.12% and 0.11%, respectively, suggesting a complex market sentiment as investors navigate between sectors.
Analyst Views on BHVN
Wall Street analysts forecast BHVN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BHVN is 15.09 USD with a low forecast of 9.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
8 Buy
6 Hold
0 Sell
Moderate Buy
Current: 12.740
Low
9.00
Averages
15.09
High
30.00
Current: 12.740
Low
9.00
Averages
15.09
High
30.00
About BHVN
Biohaven Ltd. is a biopharmaceutical company focused on the discovery, development and commercialization of treatments in key therapeutic areas, including immunology, neuroscience, and oncology. It is advancing its portfolio of therapeutics, leveraging its drug development experience and multiple proprietary drug development platforms. Its clinical and preclinical programs include Kv7 ion channel modulation for epilepsy and mood disorders; extracellular protein degradation for immunological diseases; TRPM3 antagonism for migraine and neuropathic pain; TYK2/JAK1 inhibition for neuroinflammatory disorders; glutamate modulation for obsessive-compulsive disorder (OCD) and spinocerebellar ataxia (SCA); myostatin inhibition for neuromuscular and metabolic diseases, including spinal muscular atrophy (SMA) and obesity; antibody recruiting bispecific molecules; and antibody drug conjugates for cancer. Its advanced product candidate from its glutamate receptor antagonist platform is troriluzole.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
