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BHVN Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
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ET
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Intellectia

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High
10.710
Open
10.370
VWAP
10.17
Vol
1.69M
Mkt Cap
1.49B
Low
9.885
Amount
17.22M
EV/EBITDA(TTM)
--
Total Shares
150.42M
EV
1.41B
EV/OCF(TTM)
--
P/S(TTM)
--
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.
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Events Timeline

(ET)
2026-03-09
12:00:00
Biohaven Shares Volatile, Rise Then Fall to $9.85
select
2026-03-08 (ET)
2026-03-08
22:30:00
KKR Plans to Sell CoolIT Systems for Over $3B
select
2026-03-08
17:00:00
Dr. Vinay Prasad to Leave Agency at End of April
select
link
2026-03-02 (ET)
2026-03-02
16:20:00
Biohaven CEO Highlights Progress in Innovative Therapies
select

News

stocktwits
8.5
03-10stocktwits
Xenon Plans New Drug Application Submission
  • Trial Results Exceed Expectations: Xenon announced that its azetukalner showed a median percent change of 53.2% in monthly focal onset seizure frequency at the 25 mg dose, significantly outperforming the placebo's 10.4%, which not only validates the drug's efficacy but also lays a solid foundation for future FDA submissions.
  • New Drug Application Plans: The company plans to submit a new drug application for azetukalner to the U.S. FDA in Q3 2026, with CEO Ian Mortimer stating that the trial results “exceeded expectations,” potentially reshaping the epilepsy treatment landscape to meet the needs of 50% of patients seeking better control.
  • Positive Market Reaction: Following the trial data announcement, Xenon's stock surged 50%, with Jefferies and RBC Capital raising their price targets to $100 and $80 respectively, reflecting strong market confidence in azetukalner and its significant sales potential in the future.
  • Competitor Dynamics: Despite Biohaven's opakalim having safety disadvantages, Raymond James maintains a ‘Strong Buy’ rating, anticipating pivotal trial results in H2 2026 that will further clarify its market positioning.
Benzinga
2.0
03-09Benzinga
Biohaven Shares Fluctuate Following Positive Study Data
  • Positive Clinical Data: Xenon Pharmaceuticals' X-TOLE2 study demonstrated a median percentage change of -42.7% in monthly focal onset seizure frequency for azetukalner at the 25 mg dose, providing short-term support for Biohaven's stock, despite its own BHV-7000 failing to meet primary endpoints in a Phase 2 trial for depression.
  • Stock Performance Analysis: Biohaven shares peaked at $12.52 during premarket trading on Monday but fell back to $9.93, which is 12.5% below its 20-day simple moving average, indicating a bearish trend in the short term, with a 64.95% decline over the past year.
  • Technical Indicator Insights: The current Relative Strength Index (RSI) stands at 36.10, indicating neutral territory, while the MACD value of -0.3294 is below its signal line of -0.1633, suggesting bearish pressure on the stock, with key resistance at $10.50 and support at $9.50.
  • Analyst Ratings and Targets: While Biohaven's stock carries a Buy rating with an average price target of $30.36, recent actions show HC Wainwright & Co. lowering its target to $10.00, while RBC Capital raised its target to $23.00, reflecting differing analyst perspectives on the stock's outlook.
seekingalpha
9.5
03-02seekingalpha
Biohaven Reports Q4 Non-GAAP EPS Beat Expectations
  • Earnings Performance: Biohaven reported a Q4 non-GAAP EPS of -$0.90, beating market expectations by $0.06, indicating improvements in cost control and operational efficiency, although the company remains in a loss position.
  • Cash Reserves: As of December 31, 2025, Biohaven's cash, cash equivalents, marketable securities, and restricted cash totaled approximately $322 million, providing ample funding for future R&D and operations, thereby reducing the risk of a cash flow crisis in the short term.
  • Stock Issuance Plan: Biohaven plans to sell 12.5 million shares to Janus Henderson for gross proceeds of $125 million, which will help strengthen the company's capital structure but may also lead to dilution risks for shareholders, necessitating careful assessment of its long-term impact.
  • Market Reaction: Biohaven's presentation at the J.P. Morgan Healthcare Conference garnered investor interest, and despite challenges related to cash flow and dilution risks, the market maintains a cautiously optimistic outlook on its future growth opportunities, reflecting investor expectations for potential upside.
Benzinga
6.0
01-21Benzinga
Wall Street Analysts Upgrade Ratings and Price Targets for Multiple Companies
  • Watts Water Upgrade: Keybanc analyst Jeffrey Hammond upgraded Watts Water Technologies Inc (NYSE:WTS) from Sector Weight to Overweight with a price target of $340, reflecting confidence in its growth potential, closing at $289.31 on Tuesday.
  • Biohaven Price Target Raised: RBC Capital analyst Leonid Timashev upgraded Biohaven Ltd (NYSE:BHVN) from Sector Perform to Outperform, raising the price target from $9 to $22, indicating optimism about its product prospects, with shares closing at $12.68 on Tuesday.
  • Ulta Beauty Rating Upgrade: Raymond James analyst Olivia Tong upgraded Ulta Beauty Inc (NASDAQ:ULTA) from Outperform to Strong Buy, increasing the price target from $605 to $790, showcasing strong confidence in its market performance, with shares closing at $675.62 on Tuesday.
  • Albemarle Price Target Increase: Truist Securities analyst Peter Osterland upgraded Albemarle Corp (NYSE:ALB) from Hold to Buy, boosting the price target from $125 to $205, signaling positive expectations for its future performance, with shares closing at $172.54 on Tuesday.
CNBC
6.0
01-21CNBC
RBC Upgrades Biohaven to Outperform on Positive Drug Data, $22 Price Target Implies 74% Upside
  • Rating Upgrade: RBC Capital Markets upgraded Biohaven from sector perform to outperform, with analyst Timashev noting that new data has reduced uncertainty around the company's epilepsy drug, setting a price target of $22, implying a 74% upside.
  • Data Support: Recent January data indicates that Biohaven's Kv7 drug shows activity in the central nervous system, alleviating investors' worst-case concerns ahead of upcoming late-stage trials, thus boosting market confidence.
  • Market Potential: Timashev believes the Kv7 modulator may demonstrate a better safety profile than competitors and has the potential to be a fast follower in a market that can support multiple branded drugs, enhancing Biohaven's competitive edge.
  • Financial Outlook: While Biohaven still carries a relatively high risk profile, the analyst highlights that the improved financial position and discount relative to the platform's opportunity create an attractive setup for catalysts in 2H26, with successful clinical trials potentially pushing the stock price to $30, indicating nearly 137% upside.
Benzinga
9.5
01-15Benzinga
Biohaven Ltd. (NYSE:BHVN) Shares Surge 3.42% to $12.10 Amid Positive Clinical Data
  • Stock Surge: Biohaven's shares rose 3.42% to $12.10 in after-hours trading on Wednesday, reflecting positive market sentiment towards its clinical data despite a 67.11% decline over the past year.
  • SEC Filing Disclosure: The company filed an investor presentation with the SEC on Monday, showcasing portfolio progress at the 44th Annual J.P. Morgan Healthcare Conference, indicating compliance with transparency and fair disclosure regulations.
  • Clinical Data Highlights: BHV-1400 achieved over 60% mean Gd-IgA1 reductions in Phase 1 studies for IgA nephropathy, with two patients showing clinical improvements, underscoring the drug's potential in treating immunological diseases.
  • Future Catalysts: Biohaven anticipates pivotal trial results in 2026 for multiple drugs, including those targeting obesity and Graves' disease, demonstrating the company's ongoing commitment to R&D and future growth potential.
Wall Street analysts forecast BHVN stock price to rise
13 Analyst Rating
Wall Street analysts forecast BHVN stock price to rise
9 Buy
4 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
11.00
Averages
18.00
High
30.00
Current: 0.000
sliders
Low
11.00
Averages
18.00
High
30.00
TD Cowen
Ken Cacciatore
Buy
upgrade
$15 -> $30
AI Analysis
2026-03-11
New
Reason
TD Cowen
Ken Cacciatore
Price Target
$15 -> $30
AI Analysis
2026-03-11
New
upgrade
Buy
Reason
TD Cowen analyst Ken Cacciatore raised the firm's price target on Biohaven to $30 from $15 and keeps a Buy rating on the shares. The firm updated its model as the Kv7 MoA in focal epilepsy is now strongly validated by robust azetukalner data. This is encouraging ahead of topline opakalim data expected mid-year, and they are optimistic the company may be able to promote on its differentiated CNS AE profile.
Goldman Sachs
NULL -> Buy
maintain
$24 -> $27
2026-03-10
New
Reason
Goldman Sachs
Price Target
$24 -> $27
2026-03-10
New
maintain
NULL -> Buy
Reason
Goldman Sachs raised the firm's price target on Biohaven (BHVN) to $27 from $24 and keeps a Buy rating on the shares. Xenon (XENE) reported strong Phase 3 X-TOLE2 results for azetukalner in focal onset seizures, with the 25mg dose achieving a -53.2% median reduction in seizure frequency versus -10.4% for placebo and a safety profile generally consistent with expectations despite higher discontinuations at the top dose, the analyst tells investors in a research note. The data, along with management's commentary around potential premium pricing versus existing branded therapies like Xcopri, are viewed positively for the broader Kv7 class, including Biohaven's opakalim, Goldman says.
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Valuation Metrics

The current forward P/E ratio for Biohaven Ltd (BHVN.N) is -2.51, compared to its 5-year average forward P/E of -4.29. For a more detailed relative valuation and DCF analysis to assess Biohaven Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-4.29
Current PE
-2.51
Overvalued PE
-2.61
Undervalued PE
-5.97

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-3.48
Current EV/EBITDA
-3.05
Overvalued EV/EBITDA
-0.72
Undervalued EV/EBITDA
-6.23

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
64096.20
Current PS
0.00
Overvalued PS
288755.42
Undervalued PS
-160563.03

Financials

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Whales Holding BHVN

A
ARS Investment Partners, LLC
Holding
BHVN
+14.55%
3M Return
T
TCG Crossover Management, LLC
Holding
BHVN
+5.15%
3M Return
K
Kynam Capital Management, LP
Holding
BHVN
+3.75%
3M Return
C
Cormorant Asset Management, LP
Holding
BHVN
-1.87%
3M Return
S
Suvretta Capital Management, LLC
Holding
BHVN
-2.08%
3M Return
R
Readystate Asset Management LP
Holding
BHVN
-2.51%
3M Return

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Frequently Asked Questions

What is Biohaven Ltd (BHVN) stock price today?

The current price of BHVN is 9.91 USD — it has decreased -5.26

What is Biohaven Ltd (BHVN)'s business?

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.

What is the price predicton of BHVN Stock?

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 is18.00 USD with a low forecast of 11.00 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.

What is Biohaven Ltd (BHVN)'s revenue for the last quarter?

Biohaven Ltd revenue for the last quarter amounts to -142.73M USD, decreased -24.85

What is Biohaven Ltd (BHVN)'s earnings per share (EPS) for the last quarter?

Biohaven Ltd. EPS for the last quarter amounts to -130670000.00 USD, decreased -23.49

How many employees does Biohaven Ltd (BHVN). have?

Biohaven Ltd (BHVN) has 274 emplpoyees as of March 13 2026.

What is Biohaven Ltd (BHVN) market cap?

Today BHVN has the market capitalization of 1.49B USD.