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PHAR Overview

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Intellectia

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High
13.440
Open
13.440
VWAP
13.14
Vol
21.76K
Mkt Cap
917.42M
Low
12.990
Amount
285.87K
EV/EBITDA(TTM)
19.29
Total Shares
70.63M
EV
893.54M
EV/OCF(TTM)
17.74
P/S(TTM)
2.39
Pharming Group NV is a biopharmaceutical company based in the Netherlands. The Company is engaged in the development, production and commercialization of human therapeutic proteins to be used in the therapies. The Company's product portfolio is aimed at treatments for genetic disorders, blood-related disorders, infectious and inflammatory diseases, tissue and bone damage and surgical/traumatic bleeding. Its core product, RUCONEST (conestat alfa) is a recombinant human C1 esterase inhibitor approved for the treatment of acute Hereditary Angioedema (HAE) attacks in patients in Europe, the Unites States, Israel and South Korea. The product is available on a named-patient basis in other territories where it has not yet obtained marketing authorization.
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Events Timeline

(ET)
2026-05-22
15:40:00
Pharming Group Receives EU Marketing Authorization for Joenja
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2026-05-07 (ET)
2026-05-07
06:00:00
Pharming Sees FY26 Operating Expenses at $330M-$335M
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2026-05-07
06:00:00
Company Reports Q1 Revenue of $72.45M, Below Consensus
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2026-03-24 (ET)
2026-03-24
11:10:00
Pharming Group's Joenja Approved in Japan for APDS Treatment
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2026-02-02 (ET)
2026-02-02
09:00:00
U.S. Stock Futures Weaker, Tech Stocks Under Pressure
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News

NASDAQ.COM
8.5
05-23NASDAQ.COM
Pharming Group Secures EU Approval for Joenja Treatment
  • Drug Approval: Pharming Group's Joenja (leniolisib) has received marketing authorization from the European Commission, becoming the first and only approved treatment for activated PI3K delta syndrome (APDS) in patients aged 12 and older, marking a significant advancement in the rare immunodeficiency space.
  • Market Launch Plans: Joenja is expected to launch in Germany in Q3 2026, with additional launches contingent on national reimbursement negotiations, laying the groundwork for the company's expansion in the European market.
  • Regulatory Review Progress: Leniolisib is currently under regulatory review in Canada and several other countries, indicating its global market potential, while also being evaluated in two Phase II clinical trials for primary immunodeficiencies with immune dysregulation, further broadening its indications.
  • Stock Price Fluctuation: Pharming's stock closed at $12.60 on May 22, down 1.64%, but rebounded to $13.03 in after-hours trading, gaining 3.41%, reflecting positive market sentiment following the drug approval.
Yahoo Finance
8.5
05-22Yahoo Finance
Pharming Group Receives EU Marketing Authorization
  • Marketing Authorization Granted: Pharming Group announced late Friday that the European Commission has granted marketing authorization for its product, marking a significant step in the company's expansion into the European market, which is expected to positively impact sales growth.
  • Product Potential Unleashed: With the marketing authorization, Pharming's product will be able to be sold across the EU, enhancing the company's competitive position and potentially attracting more investor interest in its future developments.
  • Strategic Positioning Enhanced: The authorization allows Pharming to more effectively penetrate the European market, leveraging local sales networks and resources to strengthen its market position in the biopharmaceutical industry.
  • Future Growth Expectations: With the implementation of the marketing authorization, Pharming anticipates revenue growth, further advancing its strategic goals in the global biopharmaceutical sector, particularly in meeting patient needs.
Newsfilter
8.5
05-22Newsfilter
Joenja® Approved in EU for APDS Treatment
  • First Approved Treatment: Joenja® (leniolisib) is the first approved treatment for activated phosphoinositide 3-kinase delta (PI3Kδ) syndrome (APDS) in the European Union, applicable to adults and pediatric patients aged 12 and older, marking a significant advancement in the rare immunodeficiency field.
  • Launch in Germany: The first European launch of Joenja® is expected in Germany in Q3 2026, with additional launches anticipated based on the completion of national reimbursement negotiations, demonstrating the company's strategic commitment to global market expansion.
  • Clinical Trial Support: The approval is based on a multinational, triple-blind, placebo-controlled Phase II/III clinical trial that showed statistically significant improvements in immune dysregulation and immunodeficiency markers in 31 patients, indicating its efficacy in treating APDS.
  • Long-term Safety Data: The application included long-term open-label extension data from 37 patients, demonstrating good safety and tolerability over a median of three years of use, further enhancing its prospects in rare disease treatment.
seekingalpha
9.5
05-07seekingalpha
Pharming Releases 2026 Financial Guidance Amid Revenue Decline
  • Revenue Decline: Pharming reported Q1 revenue of $72.4 million, an 8.5% year-over-year decrease that missed expectations by $19.67 million, primarily due to RUCONEST inventory drawdowns and exit from non-U.S. markets, indicating weakened market demand.
  • Positive Cash Flow: Despite the revenue drop, Pharming achieved a positive operating cash flow of $2.0 million, reflecting the company's ongoing efforts in cost management and financial discipline, which helps maintain operational stability.
  • Liquidity Position: As of the reporting period, Pharming had cash and marketable securities totaling $171.8 million, down $9.3 million from FY25, mainly due to a $12.3 million expense from DSP lease termination, indicating liquidity pressure.
  • 2026 Financial Guidance: Pharming projects total revenues for FY 2026 to be between $405 million and $425 million, with an expected growth rate of 8% to 13%, and plans to invest $60 million in R&D to advance its pipeline, demonstrating confidence in future growth.
NASDAQ.COM
8.5
05-07NASDAQ.COM
Pharming to Present Multiple Studies at 2026 Clinical Immunology Society Annual Meeting
  • Presentation Schedule: Pharming Group N.V. will deliver multiple scientific presentations at the Clinical Immunology Society Annual Meeting from May 6-9, 2026, in New Orleans, showcasing new data on Leniolisib in pediatric patients with activated phosphoinositide 3-kinase delta syndrome (APDS).
  • Focus on Pediatric Study: One presentation will concentrate on interim safety and efficacy outcomes from an open-label long-term extension study in children aged 4-11, supporting Pharming's efforts to expand treatment access beyond the currently approved age group.
  • Clinical Experience Data: Additional presentations will describe real-world and clinical experience data in Common Variable Immunodeficiency (CVID) and related immune dysregulation disorders, findings from the APDS-CHOIR registry, and caregiver and clinician-reported symptom assessments in pediatric APDS.
  • Ongoing Study Design: Pharming and its academic collaborators will also present the design and baseline characteristics of an ongoing Phase 2 study evaluating Leniolisib in primary immunodeficiencies with enhanced PI3K pathway signaling.
Newsfilter
8.5
05-07Newsfilter
Pharming Presents Research Findings at CIS Annual Meeting
  • Clinical Research Progress: Pharming showcased interim results from a long-term extension study of leniolisib for pediatric patients with APDS at the 2026 CIS Annual Meeting, indicating the drug's potential in improving immune function and offering new treatment options for patients.
  • Clinical Trial Updates: Two Phase II clinical trials are currently underway to evaluate the safety and tolerability of leniolisib in patients with CVID and other immune dysregulation disorders, with results expected in the second half of this year, providing crucial data for further drug development.
  • Diverse Research Topics: The meeting will also present clinical experiences using leniolisib in patients with CVID and CVID-like disorders, further revealing clinical characteristics of APDS and other primary immunodeficiencies, potentially advancing research in related fields.
  • Company Strategic Direction: Pharming's Chief Medical Officer Anurag Relan noted that the data presented will enhance understanding of APDS and other immune dysregulations, reflecting the company's ongoing commitment to rare disease treatments, which may bolster investor confidence.
Wall Street analysts forecast PHAR stock price to rise
2 Analyst Rating
Wall Street analysts forecast PHAR stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
37.00
Averages
39.50
High
42.00
Current: 0.000
sliders
Low
37.00
Averages
39.50
High
42.00
Oppenheimer
Oppenheimer
Outperform
maintain
$41 -> $40
AI Analysis
2026-05-08
Reason
Oppenheimer
Oppenheimer
Price Target
$41 -> $40
AI Analysis
2026-05-08
maintain
Outperform
Reason
Oppenheimer lowered the firm's price target on Pharming to $40 from $41 and keeps an Outperform rating on the shares. The firm notes the company reported Q1 results with Ruconest revenues taking a larger than anticipated seasonal hit, driving disappointing Q1 top-line revenues of $72.4M vs. estimates. Given the magnitude of the seasonal revenue fall off compared to last year, Oppenheimer sees meeting guidance as a challenge with management reiterating prior full year guidance of $405M-$415M.
Canaccord
Whitney Ijem
initiated
$37
2026-04-10
Reason
Canaccord
Whitney Ijem
Price Target
$37
2026-04-10
initiated
Reason
As previously reported, Canaccord analyst Whitney Ijem initiated coverage of Pharming with a Buy rating and $37 price target. Lead product Ruconest, a complex biologic approved in the U.S. since 2014 for the on-demand treatment of hereditary angioedema attacks, will see its IP expire in 2026 and the HAE competitive landscape is evolving, notes the analyst. However, the firm continues to model growth in the near-to-medium term, given that it doesn't anticipate biosimilar competition given the proprietary, transgenic rabbit-based manufacturing process and Ruconest's high-efficacy product profile, the analyst tells investors.
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Valuation Metrics

The current forward P/E ratio for Pharming Group NV (PHAR.O) is 28.57, compared to its 5-year average forward P/E of -48.35. For a more detailed relative valuation and DCF analysis to assess Pharming Group NV'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
-48.35
Current PE
28.57
Overvalued PE
224.49
Undervalued PE
-321.20

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
142.15
Current EV/EBITDA
-55.23
Overvalued EV/EBITDA
402.02
Undervalued EV/EBITDA
-117.73

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
2.68
Current PS
2.15
Overvalued PS
3.22
Undervalued PS
2.14

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Frequently Asked Questions

What is Pharming Group NV (PHAR) stock price today?

The current price of PHAR is 12.99 USD — it has decreased -4.9

What is Pharming Group NV (PHAR)'s business?

Pharming Group NV is a biopharmaceutical company based in the Netherlands. The Company is engaged in the development, production and commercialization of human therapeutic proteins to be used in the therapies. The Company's product portfolio is aimed at treatments for genetic disorders, blood-related disorders, infectious and inflammatory diseases, tissue and bone damage and surgical/traumatic bleeding. Its core product, RUCONEST (conestat alfa) is a recombinant human C1 esterase inhibitor approved for the treatment of acute Hereditary Angioedema (HAE) attacks in patients in Europe, the Unites States, Israel and South Korea. The product is available on a named-patient basis in other territories where it has not yet obtained marketing authorization.

What is the price predicton of PHAR Stock?

Wall Street analysts forecast PHAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PHAR is39.50 USD with a low forecast of 37.00 USD and a high forecast of 42.00 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 Pharming Group NV (PHAR)'s revenue for the last quarter?

Pharming Group NV revenue for the last quarter amounts to NaN USD, decreased

What is Pharming Group NV (PHAR)'s earnings per share (EPS) for the last quarter?

Pharming Group NV. EPS for the last quarter amounts to USD, decreased

How many employees does Pharming Group NV (PHAR). have?

Pharming Group NV (PHAR) has 382 emplpoyees as of May 30 2026.

What is Pharming Group NV (PHAR) market cap?

Today PHAR has the market capitalization of 917.42M USD.