Liquidia Q1 Earnings Preview: Significant Revenue Growth Expected
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy LQDA?
Source: seekingalpha
- Earnings Announcement Date: Liquidia (LQDA) is set to release its Q1 earnings on May 11 before market open, with a consensus EPS estimate of $0.41, reflecting a substantial year-over-year increase of 191.1%, indicating a significant improvement in profitability.
- Revenue Surge Expected: The anticipated revenue for Liquidia in Q1 is $116.59 million, representing a staggering year-over-year growth of 3636.9%, which highlights the strong demand and sales growth potential of its products in the market.
- Performance Forecast Revisions: Over the past year, Liquidia has not met EPS estimates at all, while it has achieved revenue estimates 25% of the time, indicating volatility in revenue performance, although recent EPS estimates have seen one upward revision and two downward adjustments.
- Market Share Growth: Liquidia's YUTREPIA product has captured a 17% market share in Q4, with the company targeting a $1 billion franchise by 2027, demonstrating its robust growth potential in the mid-cap healthcare sector.
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Analyst Views on LQDA
Wall Street analysts forecast LQDA stock price to rise
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 42.280
Low
31.00
Averages
47.50
High
67.00
Current: 42.280
Low
31.00
Averages
47.50
High
67.00
About LQDA
Liquidia Corporation is a biopharmaceutical company. The Company is focused on the development, manufacture and commercialization of products that address unmet patient needs, with a focus directed towards rare cardiopulmonary diseases, such as pulmonaryarterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). The Company operate through its wholly owned operating subsidiaries, Liquidia Technologies, Inc. and Liquidia PAH, LLC. Its proprietary PRINT technology is a particle engineering platform, which enable precise production of uniform drug particles. Its lead product candidate is YUTREPIA for the treatment of PAH and PH-ILD. YUTREPIA is an inhaled dry powder formulation of treprostinil designed with PRINT to improve the therapeutic profile of treprostinil by enhancing deep lung delivery while using a convenient, dry-powder inhaler (DPI) and by achieving higher dose levels than the labeled doses of current inhaled therapies.
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.
Liquidia Q1 Earnings Preview: Significant Revenue Growth Expected
- Earnings Announcement Date: Liquidia (LQDA) is set to release its Q1 earnings on May 11 before market open, with a consensus EPS estimate of $0.41, reflecting a substantial year-over-year increase of 191.1%, indicating a significant improvement in profitability.
- Revenue Surge Expected: The anticipated revenue for Liquidia in Q1 is $116.59 million, representing a staggering year-over-year growth of 3636.9%, which highlights the strong demand and sales growth potential of its products in the market.
- Performance Forecast Revisions: Over the past year, Liquidia has not met EPS estimates at all, while it has achieved revenue estimates 25% of the time, indicating volatility in revenue performance, although recent EPS estimates have seen one upward revision and two downward adjustments.
- Market Share Growth: Liquidia's YUTREPIA product has captured a 17% market share in Q4, with the company targeting a $1 billion franchise by 2027, demonstrating its robust growth potential in the mid-cap healthcare sector.
See More
JW Asset Management Sells Liquidia Shares
- Share Reduction Transaction: On May 8, 2026, JW Asset Management sold 83,600 shares of Liquidia Corporation, with an estimated transaction value of $3.10 million, reducing its stake to 0.25% of its total U.S. equity assets.
- Value Change in Holdings: Following the sale, JW Asset Management's holdings in Liquidia decreased to 16,176 shares worth $610,482, with a net position value decline of $2.83 million during the period, indicating a potential loss of confidence in the company.
- Strong Market Performance: As of May 7, 2026, Liquidia shares were priced at $42.28, reflecting a 175% increase over the past year, significantly outperforming the S&P 500 by approximately 145 percentage points, showcasing its robust position in the biopharmaceutical market.
- Sales Growth of Products: Liquidia's inhaled drug YUTREPIA generated $148.3 million in net product sales in 2025, including $90.1 million in the fourth quarter alone, indicating strong market demand in the pulmonary arterial hypertension treatment sector.
See More
Liquidia Corporation Emerges as Top Stock Pick with Significant Upside
- Holding Changes: Farallon Capital first held 1.8 million shares of Liquidia in Q2 2020, reestablishing a position of 2 million shares in Q1 2024, and increasing to 8.6 million shares by Q4 2025, reflecting sustained confidence and investment potential in the company.
- Market Performance: Liquidia reported $90.1 million in product sales for Q4 2025, a 74% increase from Q3, indicating rapid adoption of its product YUTREPIA in the pulmonary hypertension market, further solidifying its market position.
- Industry Outlook: Viewed as a disruptive force in the pulmonary hypertension market, Liquidia faces litigation from United Therapeutics, yet its transition to profitability and expansion of its sales force targeting over 860 active prescribers signal strong future growth potential.
- Strategic Goals: CEO Roger Jeffs confirmed a clear path for Liquidia to achieve $1 billion in revenue by 2027, showcasing the company's robust growth prospects and investment appeal in the biopharmaceutical sector.
See More
Liquidia CEO Indirectly Sells 53,300 Shares
- Indirect Share Sale: Liquidia's CEO Roger Jeffs indirectly sold 53,300 shares through Serendipity BioPharma LLC, generating approximately $2.14 million, indicating the company's agility in capital management.
- Updated Holdings: Following this transaction, Liquidia's direct and indirect holdings stand at 1,137,599 and 1,441,934 shares respectively, reflecting management's continued confidence in the company's future direction.
- Strong Yutrepia Sales: Liquidia's dry inhalable treprostinil drug, Yutrepia, achieved an annualized sales figure of $360.4 million in Q4 2025, demonstrating market acceptance that exceeded expectations and enhancing the company's profitability.
- Future Development Potential: Liquidia is developing an extended-release formulation of treprostinil, L606, which is currently in pivotal studies; if successful, this could further solidify its market position in pulmonary hypertension treatments.
See More
Liquidia CEO Indirectly Sells 53,300 Shares, Raising $2.14 Million
- Transaction Overview: Liquidia's CEO Roger Jeffs indirectly sold 53,300 shares through Serendipity BioPharma LLC, generating approximately $2.14 million, indicating a continued preference for liquidity management through indirect vehicles.
- Holding Change Analysis: The 53,300 shares sold represent 2.02% of total holdings and 3.56% of indirect holdings, reflecting a measured reduction while maintaining a substantial direct ownership value of around $47.10 million.
- Transaction Context: This sale was executed under a Rule 10b5-1 plan, classifying it as a routine, pre-scheduled liquidity event rather than a discretionary market-timed action, which reflects management's confidence in the company's future.
- Product Performance Highlights: Liquidia's Yutrepia achieved annualized sales of $360.4 million in Q4 2025, with a net income of $14.6 million, showcasing strong market performance in the pulmonary arterial hypertension treatment space, further bolstering investor confidence.
See More
Liquidia CFO Sells Significant Shares
- Executive Sell-off: On April 9, 2026, Liquidia's CFO and COO, Michael Kaseta, sold 133,789 shares of the company, totaling $5,383,38, which may raise concerns about the company's future outlook among investors.
- Market Reaction: Such executive sell-offs are often perceived as negative signals for stock performance, potentially leading to a decline in investor confidence in Liquidia and affecting its stock price.
- Shareholding Structure Change: Kaseta's sell-off could alter Liquidia's shareholder structure, especially if executive ownership is significant, raising questions about corporate governance and management stability.
- Future Outlook: While the sell-off may cause market fluctuations, investors should continue to monitor Liquidia's fundamentals and future strategic direction to assess its long-term investment value.
See More
Liquidia Q1 Earnings Preview: Significant Revenue Growth Expected
- Earnings Announcement Date: Liquidia (LQDA) is set to release its Q1 earnings on May 11 before market open, with a consensus EPS estimate of $0.41, reflecting a substantial year-over-year increase of 191.1%, indicating a significant improvement in profitability.
- Revenue Surge Expected: The anticipated revenue for Liquidia in Q1 is $116.59 million, representing a staggering year-over-year growth of 3636.9%, which highlights the strong demand and sales growth potential of its products in the market.
- Performance Forecast Revisions: Over the past year, Liquidia has not met EPS estimates at all, while it has achieved revenue estimates 25% of the time, indicating volatility in revenue performance, although recent EPS estimates have seen one upward revision and two downward adjustments.
- Market Share Growth: Liquidia's YUTREPIA product has captured a 17% market share in Q4, with the company targeting a $1 billion franchise by 2027, demonstrating its robust growth potential in the mid-cap healthcare sector.
See More
JW Asset Management Sells Liquidia Shares
- Share Reduction Transaction: On May 8, 2026, JW Asset Management sold 83,600 shares of Liquidia Corporation, with an estimated transaction value of $3.10 million, reducing its stake to 0.25% of its total U.S. equity assets.
- Value Change in Holdings: Following the sale, JW Asset Management's holdings in Liquidia decreased to 16,176 shares worth $610,482, with a net position value decline of $2.83 million during the period, indicating a potential loss of confidence in the company.
- Strong Market Performance: As of May 7, 2026, Liquidia shares were priced at $42.28, reflecting a 175% increase over the past year, significantly outperforming the S&P 500 by approximately 145 percentage points, showcasing its robust position in the biopharmaceutical market.
- Sales Growth of Products: Liquidia's inhaled drug YUTREPIA generated $148.3 million in net product sales in 2025, including $90.1 million in the fourth quarter alone, indicating strong market demand in the pulmonary arterial hypertension treatment sector.
See More
Liquidia Corporation Emerges as Top Stock Pick with Significant Upside
- Holding Changes: Farallon Capital first held 1.8 million shares of Liquidia in Q2 2020, reestablishing a position of 2 million shares in Q1 2024, and increasing to 8.6 million shares by Q4 2025, reflecting sustained confidence and investment potential in the company.
- Market Performance: Liquidia reported $90.1 million in product sales for Q4 2025, a 74% increase from Q3, indicating rapid adoption of its product YUTREPIA in the pulmonary hypertension market, further solidifying its market position.
- Industry Outlook: Viewed as a disruptive force in the pulmonary hypertension market, Liquidia faces litigation from United Therapeutics, yet its transition to profitability and expansion of its sales force targeting over 860 active prescribers signal strong future growth potential.
- Strategic Goals: CEO Roger Jeffs confirmed a clear path for Liquidia to achieve $1 billion in revenue by 2027, showcasing the company's robust growth prospects and investment appeal in the biopharmaceutical sector.
See More
Liquidia CEO Indirectly Sells 53,300 Shares
- Indirect Share Sale: Liquidia's CEO Roger Jeffs indirectly sold 53,300 shares through Serendipity BioPharma LLC, generating approximately $2.14 million, indicating the company's agility in capital management.
- Updated Holdings: Following this transaction, Liquidia's direct and indirect holdings stand at 1,137,599 and 1,441,934 shares respectively, reflecting management's continued confidence in the company's future direction.
- Strong Yutrepia Sales: Liquidia's dry inhalable treprostinil drug, Yutrepia, achieved an annualized sales figure of $360.4 million in Q4 2025, demonstrating market acceptance that exceeded expectations and enhancing the company's profitability.
- Future Development Potential: Liquidia is developing an extended-release formulation of treprostinil, L606, which is currently in pivotal studies; if successful, this could further solidify its market position in pulmonary hypertension treatments.
See More
Liquidia CEO Indirectly Sells 53,300 Shares, Raising $2.14 Million
- Transaction Overview: Liquidia's CEO Roger Jeffs indirectly sold 53,300 shares through Serendipity BioPharma LLC, generating approximately $2.14 million, indicating a continued preference for liquidity management through indirect vehicles.
- Holding Change Analysis: The 53,300 shares sold represent 2.02% of total holdings and 3.56% of indirect holdings, reflecting a measured reduction while maintaining a substantial direct ownership value of around $47.10 million.
- Transaction Context: This sale was executed under a Rule 10b5-1 plan, classifying it as a routine, pre-scheduled liquidity event rather than a discretionary market-timed action, which reflects management's confidence in the company's future.
- Product Performance Highlights: Liquidia's Yutrepia achieved annualized sales of $360.4 million in Q4 2025, with a net income of $14.6 million, showcasing strong market performance in the pulmonary arterial hypertension treatment space, further bolstering investor confidence.
See More
Liquidia CFO Sells Significant Shares
- Executive Sell-off: On April 9, 2026, Liquidia's CFO and COO, Michael Kaseta, sold 133,789 shares of the company, totaling $5,383,38, which may raise concerns about the company's future outlook among investors.
- Market Reaction: Such executive sell-offs are often perceived as negative signals for stock performance, potentially leading to a decline in investor confidence in Liquidia and affecting its stock price.
- Shareholding Structure Change: Kaseta's sell-off could alter Liquidia's shareholder structure, especially if executive ownership is significant, raising questions about corporate governance and management stability.
- Future Outlook: While the sell-off may cause market fluctuations, investors should continue to monitor Liquidia's fundamentals and future strategic direction to assess its long-term investment value.
See More
