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HRTX Overview

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

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High
0.999
Open
0.992
VWAP
0.98
Vol
1.06M
Mkt Cap
182.88M
Low
0.958
Amount
1.03M
EV/EBITDA(TTM)
1.02K
Total Shares
188.54M
EV
281.37M
EV/OCF(TTM)
--
P/S(TTM)
1.13
Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care. It creates and commercializes a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. Its acute care product portfolio includes ZYNRELEF and APONVIE. Its oncology care product portfolio includes CINVANTI and SUSTOL. ZYNRELEF is a dual-acting local anesthetic that delivers a fixed-dose combination of the local anesthetic bupivacaine and a low dose of the nonsteroidal anti-inflammatory drug meloxicam. APONVIE is an intravenous formulation of a substance P/neurokinin-1 (NK1) receptor antagonist indicated for postoperative nausea and vomiting (PONV). CINVANTI is an IV formulation of aprepitant, a substance NK1 receptor antagonist. SUSTOL is an extended-release 5-HT3 receptor antagonist for the prevention of acute and delayed nausea and vomiting.
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Events Timeline

(ET)
2026-02-26
08:11:00
Heron Reports Q4 Revenue of $40.588M, Beating Consensus
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2026-02-26
08:10:00
Sees FY26 Adjusted EBITDA of $10M to $20M
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2026-01-09 (ET)
2026-01-09
09:40:00
CEO Collard Reports Q4 2025 Net Revenue of Approximately $40.5M
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2025-12-04 (ET)
2025-12-04
08:20:00
Heron Therapeutics' APONVIE Included in New PONV Management Guidelines
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2025-11-04 (ET)
2025-11-04
08:04:45
Heron Therapeutics projects FY25 revenue between $153M and $163M, with consensus at $156.48M.
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2025-11-04
08:04:01
Heron Therapeutics announces Q3 earnings per share of 10 cents, surpassing consensus estimate of 1 cent.
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2025-08-15 (ET)
2025-08-15
07:47:39
Heron Therapeutics adopts tax benefits preservation plan
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2025-08-08 (ET)
2025-08-08
07:49:51
Heron Therapeutics announces capital restructuring
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News

NASDAQ.COM
2.0
02-26NASDAQ.COM
Heron (HRTX) Q4 2025 Earnings Call Transcript
seekingalpha
9.5
02-26seekingalpha
Heron Therapeutics Q4 2025 Earnings Highlights
  • Successful Financing Completion: CEO Craig Collard emphasized the successful completion of financing, describing it as a 'meaningful derisking event' that allows the company to focus on commercial execution and product expansion, thereby driving sustained growth.
  • Strong Financial Performance: Full-year net revenues for 2025 reached approximately $155 million, with adjusted EBITDA of $14.7 million, exceeding prior guidance of $9 million to $13 million, showcasing the company's financial robustness and growth potential.
  • Acute Care Product Line Growth: ZYNRELEF achieved a 48% net revenue growth in Q4, while APONVIE grew by 97%, leading to an overall year-over-year increase of over 57% in the Acute Care franchise, indicating the company's strengthening competitive position in the market.
  • Optimistic 2026 Outlook: Management raised the 2026 net product sales guidance to $173 million to $183 million, with expectations of EBITDA positivity, reflecting confidence in commercial expansion and the strategic necessity of targeted investments.
seekingalpha
9.5
02-26seekingalpha
Heron Therapeutics Q4 Earnings Report Analysis
  • Earnings Performance: Heron Therapeutics reported a Q4 GAAP EPS of -$0.02, missing estimates by $0.01, although revenue reached $40.59 million, a slight 0.5% year-over-year decline, yet exceeding market expectations by $1.06 million, indicating some effectiveness in revenue management.
  • Acute Care Growth: The Acute Care franchise achieved a remarkable 57.3% year-over-year revenue growth in Q4 2025 and 65.1% for the full year compared to 2024, suggesting strong market demand in this segment, potentially laying the groundwork for sustained future growth.
  • Cash Position: As of December 31, 2025, Heron reported cash, cash equivalents, and short-term investments totaling $46.6 million, reflecting robust liquidity management that supports future operations and investments.
  • 2026 Financial Guidance: Heron provided a 2026 net revenue guidance of $173 to $183 million and an adjusted EBITDA forecast of $10 to $20 million, both exceeding the consensus estimate of $171.73 million, demonstrating the company's confidence in its future performance.
seekingalpha
9.5
02-25seekingalpha
Heron Therapeutics to Announce Q4 Earnings on February 26
  • Earnings Announcement Date: Heron Therapeutics (HRTX) is set to announce its Q4 2023 earnings on February 26 before the market opens, drawing significant attention from investors regarding its performance.
  • Earnings Expectations: The consensus EPS estimate stands at -$0.03, indicating potential profitability challenges that could affect investor confidence in the company's financial health.
  • Revenue Projections: The revenue estimate is $39.53 million, reflecting a 3.1% year-over-year decline, which suggests that the company is facing challenges in a competitive market environment that may impact future growth prospects.
  • Historical Performance Review: Over the past year, HRTX has beaten EPS estimates 50% of the time and revenue estimates 75% of the time, indicating that the company has a track record of exceeding expectations to some extent.
Yahoo Finance
9.5
01-10Yahoo Finance
Heron Therapeutics Reports Q4 2025 Net Revenue of $40.5M Driven by ZYNRELEF and APONVIE
  • Revenue Growth: Heron Therapeutics reported approximately $40.5 million in net revenue for Q4 2025, reflecting significant growth compared to the previous year, driven particularly by strong momentum in its Acute Care franchise, especially ZYNRELEF and APONVIE.
  • Product Performance: ZYNRELEF generated approximately $12.5 million in net revenue in Q4, marking the largest quarter-over-quarter revenue increase within the portfolio, indicating successful market acceptance and sales strategies.
  • Diversified Revenue Streams: CINVANTI and APONVIE contributed approximately $22.9 million and $3.8 million in net revenue for Q4, respectively, enhancing the diversity of the company's revenue sources and reducing reliance on any single product.
  • Annual Performance: Total net revenue for FY25 was approximately $154.9 million, reflecting ongoing progress and growth potential across all business areas, suggesting a positive outlook for future developments.
Globenewswire
9.5
01-09Globenewswire
Heron Therapeutics Reports $154.9M Net Revenue for 2025
  • Revenue Growth: Heron Therapeutics reported approximately $40.5 million in net revenue for Q4 2025, reflecting strong momentum in its Acute Care franchise, particularly driven by ZYNRELEF® and APONVIE®.
  • Product Performance: ZYNRELEF® generated about $12.5 million in net revenue in Q4, marking a ~35% increase from Q3, indicating sustained demand in the postoperative pain management market and enhancing the company's competitive edge.
  • Diversified Revenue Streams: CINVANTI® and SUSTOL® achieved net revenues of approximately $22.9 million and $1.3 million in Q4, respectively, further solidifying Heron's market position in the prevention of chemotherapy-induced nausea and vomiting.
  • Strategic Outlook: With total net revenue of approximately $154.9 million for 2025, Heron demonstrates ongoing innovation and market expansion capabilities in the biotechnology sector, laying a solid foundation for future growth.
Wall Street analysts forecast HRTX stock price to rise
4 Analyst Rating
Wall Street analysts forecast HRTX stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
3.00
Averages
4.50
High
6.00
Current: 0.000
sliders
Low
3.00
Averages
4.50
High
6.00
Jefferies
Buy
downgrade
$6 -> $5
AI Analysis
2025-11-04
Reason
Jefferies
Price Target
$6 -> $5
AI Analysis
2025-11-04
downgrade
Buy
Reason
Jefferies lowered the firm's price target on Heron Therapeutics to $5 from $6 and keeps a Buy rating on the shares. Zynrelef delivered Q3 net revenue of $9.3M, ahead of the consensus view of $9M, driven by rising demand, vial access needle transition, improved access, and enhanced support programs, the analyst tells investors in a research note. The firm added that its price target, which is based on a DCF valuation model, is also driven by oncology franchise sales, with peak sales of $106M in 2025.
H.C. Wainwright
Brandon Folkes
Buy
initiated
$6
2025-06-09
Reason
H.C. Wainwright
Brandon Folkes
Price Target
$6
2025-06-09
initiated
Buy
Reason
H.C. Wainwright analyst Brandon Folkes initiated coverage of Heron Therapeutics with a Buy rating and $6 price target. Heron is a commercial-stage biotechnology company with multiple products, across the acute care and oncology supportive care setting, the analyst tells investors in a research note. The firm says Heron is entering a "meaningful inflection phase" on Zynrelef. Despite successful branded products in the post-surgical pain market, overall branded penetration remains low, contends H.C. Wainwright.
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Valuation Metrics

The current forward P/E ratio for Heron Therapeutics Inc (HRTX.O) is -72.00, compared to its 5-year average forward P/E of -97.89. For a more detailed relative valuation and DCF analysis to assess Heron Therapeutics Inc'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
-97.89
Current PE
-72.00
Overvalued PE
311.01
Undervalued PE
-506.79

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
-1.95
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
5.05
Undervalued EV/EBITDA
-8.95

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
5Y Average PS
3.58
Current PS
1.38
Overvalued PS
6.51
Undervalued PS
0.64

Financials

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Whales Holding HRTX

R
Rubric Capital Management LP
Holding
HRTX
+3.39%
3M Return
T
Tang Capital Management, LLC
Holding
HRTX
+2.62%
3M Return

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Frequently Asked Questions

What is Heron Therapeutics Inc (HRTX) stock price today?

The current price of HRTX is 0.97 USD — it has decreased -1.82

What is Heron Therapeutics Inc (HRTX)'s business?

Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care. It creates and commercializes a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. Its acute care product portfolio includes ZYNRELEF and APONVIE. Its oncology care product portfolio includes CINVANTI and SUSTOL. ZYNRELEF is a dual-acting local anesthetic that delivers a fixed-dose combination of the local anesthetic bupivacaine and a low dose of the nonsteroidal anti-inflammatory drug meloxicam. APONVIE is an intravenous formulation of a substance P/neurokinin-1 (NK1) receptor antagonist indicated for postoperative nausea and vomiting (PONV). CINVANTI is an IV formulation of aprepitant, a substance NK1 receptor antagonist. SUSTOL is an extended-release 5-HT3 receptor antagonist for the prevention of acute and delayed nausea and vomiting.

What is the price predicton of HRTX Stock?

Wall Street analysts forecast HRTX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HRTX is4.50 USD with a low forecast of 3.00 USD and a high forecast of 6.00 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 Heron Therapeutics Inc (HRTX)'s revenue for the last quarter?

Heron Therapeutics Inc revenue for the last quarter amounts to 40.59M USD, decreased -0.47

What is Heron Therapeutics Inc (HRTX)'s earnings per share (EPS) for the last quarter?

Heron Therapeutics Inc. EPS for the last quarter amounts to -0.02 USD, decreased -200.00

How many employees does Heron Therapeutics Inc (HRTX). have?

Heron Therapeutics Inc (HRTX) has 128 emplpoyees as of March 12 2026.

What is Heron Therapeutics Inc (HRTX) market cap?

Today HRTX has the market capitalization of 182.88M USD.