Travere Therapeutics (TVTX) FDA Review Extended to April 13, Stock Drops 3.13%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2026
0mins
Source: Benzinga
- FDA Review Update: Travere Therapeutics' supplemental New Drug Application (sNDA) for Filspari in FSGS has its review timeline extended to April 13 due to FDA requests for further characterization of clinical benefits, potentially impacting future market access and sales expectations.
- Financial Forecast: The company anticipates U.S. net product sales of approximately $127 million for Q4 2025 and has received a $40 million milestone payment from CSL Vifor, indicating positive progress with partners, though market reactions remain cautious.
- Technical Indicator Analysis: TVTX is currently trading 35.8% below its 20-day simple moving average, indicating a bearish trend in the short term; despite a 25.82% increase over the past year, the stock is closer to its 52-week lows, reflecting increased market volatility.
- Analyst Ratings: TVTX has an average price target of $36.31, with HC Wainwright & Co. rating it as a Buy with a target of $47.00, reflecting market confidence in its future growth, but the stock faces short-term pressure that requires monitoring of technical changes.
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Analyst Views on TVTX
Wall Street analysts forecast TVTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TVTX is 42.89 USD with a low forecast of 31.00 USD and a high forecast of 49.00 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.
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 30.280
Low
31.00
Averages
42.89
High
49.00
Current: 30.280
Low
31.00
Averages
42.89
High
49.00
About TVTX
Travere Therapeutics, Inc. is a biopharmaceutical company. The Company is focused on identifying, developing, and delivering life-changing therapies to people living with rare kidney and metabolic diseases. Its product, FILSPARI (sparsentan), is indicated to reduce proteinuria in adults with primary IgAN at risk of rapid disease progression. FILSPARI is an oral, once-daily, non-immunosuppressive medication that directly targets glomerular injury in the kidney. Sparsentan is also in late-stage development for focal segmental glomerulosclerosis (FSGS). The Company’s Pegtibatinase is a novel investigational human enzyme replacement candidate being evaluated for the treatment of classical homocystinuria (HCU), which is a rare metabolic disorder. Its commercial products, Thiola and Thiola EC, are for the treatment of cystinuria, a rare genetic cystine transport disorder that causes high cystine levels in the urine and the formation of recurring kidney stones.
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.
Robbins Geller Investigates Potential Securities Violations by Travere Therapeutics
- Investigation Launched: Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws by Travere Therapeutics (NASDAQ: TVTX), focusing on whether executives made materially false or misleading statements that could undermine investor confidence.
- Investor Loss Focus: The investigation particularly targets investors who suffered losses in Travere, with the firm encouraging affected individuals to provide information, demonstrating a commitment to protecting investor rights.
- Law Firm Strength: Robbins Geller is recognized as one of the world's leading law firms in securities fraud and shareholder litigation, having ranked #1 in ISS Securities Class Action Services for four out of the last five years, highlighting its strong capability in securing investor compensation.
- Historical Recovery Record: In 2024, the firm recovered over $2.5 billion for investors in securities-related class action cases, surpassing the combined total of the next five law firms, showcasing its exceptional performance in the securities litigation arena.
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Palisades Investment Partners Acquires $5.26M Stake in Travere Therapeutics
- New Investment Position: Palisades Investment Partners initiated a new position in Travere Therapeutics by acquiring 137,768 shares valued at $5.26 million in Q4 2025, indicating a bullish outlook on the company's growth potential.
- Strong Market Performance: As of January 19, 2026, Travere Therapeutics shares were priced at $27.87, reflecting a 50.89% increase over the past year, outperforming the S&P 500 by 34.01 percentage points, showcasing robust market demand for its products.
- Significant Revenue Growth: The sales of Travere's FILSPARI drug surged 155% year-over-year to $90.9 million in Q3 2023, driving total revenue up from $62.9 million to $164.9 million, highlighting its strong performance in the rare disease treatment sector.
- FDA Review Catalyst: The ongoing FDA review of Travere's FILSPARI for potential use in treating focal segmental glomerulosclerosis has heightened market expectations for the company, further bolstering Palisades' investment confidence.
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