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SPRY Overview

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

Loading chart...

High
9.869
Open
9.400
VWAP
9.30
Vol
2.15M
Mkt Cap
900.68M
Low
8.955
Amount
20.02M
EV/EBITDA(TTM)
--
Total Shares
99.30M
EV
796.23M
EV/OCF(TTM)
--
P/S(TTM)
9.06
ARS Pharmaceuticals, Inc. is a biopharmaceutical company dedicated to empowering at-risk patients and their caregivers to protect patients from allergic reactions that could lead to anaphylaxis. The Company is commercializing neffy, an epinephrine nasal spray indicated in the United States for emergency treatment of Type I allergic reactions, including anaphylaxis, in adult patients and pediatric patients who weigh 33 lbs. or greater, and in the EU for emergency treatment of allergic reactions (anaphylaxis) due to insect stings or bites, foods, medicinal products, and other allergens as well as idiopathic or exercise induced anaphylaxis in adults and children who weigh 30 kg or greater. neffy is an FDA and European Commission (EC)-approved needle-free epinephrine product, and also has approvals in the United Kingdom, Japan, Australia, and China. It is advancing its nasal spray development program across multiple Type I hypersensitivity reactions, including acute flares of urticaria.
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Events Timeline

(ET)
2026-05-15
16:20:00
Major Averages Close Broadly Lower as Oil Prices Jump Again
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2026-05-15
12:00:00
Major Averages Broadly Lower as Tech Stocks Lag
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2026-05-15
09:00:00
Stock Futures Drop Sharply as Markets Face Pressure
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2026-05-15
06:10:00
ARS Pharma Q1 Revenue $22.7M, Exceeds Consensus
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2026-04-15 (ET)
2026-04-15
06:10:00
ARS Pharmaceuticals Gets Health Canada Approval for Neffy 2 mg for Allergic Reactions
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2026-03-27 (ET)
2026-03-27
08:20:00
ARS Pharmaceuticals Receives FDA Approval to Update Neffy Label
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News

seekingalpha
9.5
05-16seekingalpha
ARS Pharmaceuticals Q1 2026 Earnings Call Highlights
  • Significant Revenue Growth: ARS Pharmaceuticals reported total revenue of $22.7 million in Q1 2026, with U.S. net product revenue for neffy at $17.5 million, reflecting a 300% year-over-year increase, indicating strong market demand and product acceptance.
  • Improved Coverage: The company achieved approximately 90% commercial coverage by the end of Q1, with 57% of patients not requiring prior authorization, and anticipates that CVS Caremark's recent proposal will further expand this proportion, enhancing patient access to neffy.
  • Sales Team Expansion: ARS Pharmaceuticals has expanded its sales force to 148 representatives and area managers, adding approximately 29,500 new neffy users in Q1, bringing the total to 120,000 users, demonstrating positive progress in market outreach.
  • Cash Flow Management: Despite SG&A expenses reaching $72.2 million in Q1, the company maintains a cash reserve of $201 million, with expectations for significant revenue growth in the second half of 2026, supporting the goal of achieving cash flow breakeven by mid-2027.
Yahoo Finance
2.0
05-15Yahoo Finance
Healthcare Stocks Decline on Friday Afternoon
  • Healthcare Index Decline: The NYSE Healthcare Index fell by 0.9% on Friday afternoon, reflecting growing concerns in the market regarding the healthcare sector, which could impact investor confidence and lead to capital outflows from this segment.
  • Market Reaction: The overall decline in healthcare stocks may be linked to economic data or policy changes, prompting investors to monitor future market dynamics to assess the long-term implications for the healthcare industry.
  • Investor Sentiment: As healthcare stocks decline, investors may reassess their portfolios, particularly in the context of increasing economic uncertainty, potentially leading to a shift of funds towards other sectors.
  • Industry Outlook: Short-term volatility in the healthcare sector could affect companies' financing capabilities and R&D investments, thereby impacting future innovation and market competitiveness.
seekingalpha
9.5
05-15seekingalpha
ARS Pharmaceuticals Q1 Earnings Report Analysis
  • Earnings Performance: ARS Pharmaceuticals reported a Q1 GAAP EPS of -$0.61, missing expectations by $0.08, indicating challenges in profitability that may affect investor confidence.
  • Revenue Growth: The company achieved revenues of $22.68 million, a remarkable 184.6% year-over-year increase, surpassing market expectations by $0.56 million, reflecting strong demand for its products, particularly during the launch phase.
  • Cash Flow Position: As of March 31, 2026, ARS Pharma had cash, cash equivalents, and short-term investments totaling $201 million, with 99.3 million shares outstanding, indicating that its cash reserves are sufficient to fund operations until cash-flow break-even, showcasing robust financial management.
  • Market Outlook: Despite significant revenue growth, the lack of guidance for 2026 may limit ARS Pharmaceuticals' market performance, prompting investors to closely monitor its future strategic plans and product launches.
Newsfilter
9.5
05-15Newsfilter
ARS Pharmaceuticals to Release Q1 Earnings on May 15
  • Earnings Release Schedule: ARS Pharmaceuticals is set to announce its Q1 earnings on May 15 before the market opens, reflecting the company's commitment to transparency and investor communication.
  • Expected Loss: Analysts forecast a loss of 54 cents per share, indicating challenges the company faces in the current market environment, which could negatively impact its stock price.
  • Market Reaction Anticipation: Given the loss expectations, investors may adopt a cautious stance ahead of the earnings release, potentially affecting short-term market sentiment and stock performance.
  • Need for Strategic Adjustments: In light of the ongoing loss projections, ARS Pharmaceuticals may need to reassess its business strategy to improve financial performance and enhance its competitive position in the market.
seekingalpha
9.5
05-14seekingalpha
ARS Pharmaceuticals Q1 Earnings Announcement Scheduled
  • Earnings Release Date: ARS Pharmaceuticals (SPRY) is set to announce its Q1 earnings on May 15 before market open, with consensus EPS estimate at -$0.54, reflecting a 54.3% year-over-year decline, indicating challenges in profitability.
  • Revenue Expectations: The anticipated revenue for Q1 is $22.12 million, representing a significant 177.5% year-over-year increase, suggesting strong sales growth potential despite profitability pressures, which could lay a foundation for future market performance.
  • Estimate Revision Dynamics: Over the past three months, EPS estimates have seen one upward revision and no downward adjustments, while revenue estimates experienced no upward revisions but two downward adjustments, indicating fluctuating analyst confidence in the company's future performance.
  • Market Reaction: The slow launch of ARS's Neffy product and lack of guidance for 2026 may lead to a cautious investor sentiment regarding the company's growth prospects, potentially impacting stock price performance.
Newsfilter
8.5
04-15Newsfilter
ARS Pharmaceuticals Launches New Allergy Treatment in Canada
  • New Drug Approval: ARS Pharmaceuticals' neffy (2 mg epinephrine nasal spray) has received approval from Health Canada for use in adults and children over 30 kg, with availability expected in summer 2026, marking a significant advancement for over 2.5 million Canadians living with severe allergic reactions.
  • Needle-Free Design Benefits: The needle-free design of neffy reduces barriers to timely treatment, making it easy to carry and use, with a 30-month shelf life and temperature stability up to 50°C, enhancing patient preparedness in allergic emergencies.
  • Licensing Agreement Revenue: The exclusive licensing agreement with ALK-Abelló A/S has provided ARS Pharma with $155 million in upfront and milestone payments, with potential for an additional $310 million in regulatory and sales milestones, indicating strong market potential and profitability.
  • Future Expansion Plans: ARS Pharma plans to launch neffy in Canada in summer 2026 and anticipates filing for approval of the 1 mg dose for children in the coming months, further expanding its market presence in allergy treatment and enhancing competitive positioning.
Wall Street analysts forecast SPRY stock price to rise
4 Analyst Rating
Wall Street analysts forecast SPRY stock price to rise
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
30.00
Averages
32.50
High
35.00
Current: 0.000
sliders
Low
30.00
Averages
32.50
High
35.00
Cantor Fitzgerald
Overweight
maintain
$12 -> $30
AI Analysis
2026-05-28
New
Reason
Cantor Fitzgerald
Price Target
$12 -> $30
AI Analysis
2026-05-28
New
maintain
Overweight
Reason
Cantor Fitzgerald raised the firm's price target on ARS Pharmaceuticals to $30 from $12 and keeps an Overweight rating on the shares. Focus has centered on the company's neffy launch, but attention is expected to shift toward ARS-2 for chronic spontaneous urticaria, which is modeled for a 2030 launch with $575M in sales by 2033 and potential to drive meaningful long-term upside if development and commercialization are successful, the analyst tells investors in a research note.
Northland
Outperform
initiated
$25
2026-04-09
Reason
Northland
Price Target
$25
2026-04-09
initiated
Outperform
Reason
As previously reported, Northland initiated coverage of ARS Pharmaceuticals with an Outperform rating and $25 price target. Neffy is a needle-free intranasal epinephrine product that is disrupting the market by addressing well-documented barriers to injectable epinephrine use, the analyst tells investors. The firm expects neffy adoption to be driven by both new prescriptions and conversion from existing injectable users, the analyst added.
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Valuation Metrics

The current forward P/E ratio for ARS Pharmaceuticals Inc (SPRY.O) is 0.00, compared to its 5-year average forward P/E of -11.44. For a more detailed relative valuation and DCF analysis to assess ARS Pharmaceuticals 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
-11.44
Current PE
0.00
Overvalued PE
-6.97
Undervalued PE
-15.90

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
-1.35
Current EV/EBITDA
-1.39
Overvalued EV/EBITDA
1.95
Undervalued EV/EBITDA
-4.66

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
5097.25
Current PS
3.41
Overvalued PS
23561.23
Undervalued PS
-13366.73

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SPRY

S
Southpoint Capital Advisors LP
Holding
SPRY
+9.52%
3M Return
D
Deerfield Management Company, L.P.
Holding
SPRY
+9.36%
3M Return
R
Rubric Capital Management LP
Holding
SPRY
+2.34%
3M Return
T
Third Point LLC
Holding
SPRY
+0.83%
3M Return
O
OrbiMed Advisors LLC
Holding
SPRY
-0.35%
3M Return
R
RA Capital Management, L.P.
Holding
SPRY
-3.23%
3M Return

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Frequently Asked Questions

What is ARS Pharmaceuticals Inc (SPRY) stock price today?

The current price of SPRY is 9.07 USD — it has decreased -3.51

What is ARS Pharmaceuticals Inc (SPRY)'s business?

ARS Pharmaceuticals, Inc. is a biopharmaceutical company dedicated to empowering at-risk patients and their caregivers to protect patients from allergic reactions that could lead to anaphylaxis. The Company is commercializing neffy, an epinephrine nasal spray indicated in the United States for emergency treatment of Type I allergic reactions, including anaphylaxis, in adult patients and pediatric patients who weigh 33 lbs. or greater, and in the EU for emergency treatment of allergic reactions (anaphylaxis) due to insect stings or bites, foods, medicinal products, and other allergens as well as idiopathic or exercise induced anaphylaxis in adults and children who weigh 30 kg or greater. neffy is an FDA and European Commission (EC)-approved needle-free epinephrine product, and also has approvals in the United Kingdom, Japan, Australia, and China. It is advancing its nasal spray development program across multiple Type I hypersensitivity reactions, including acute flares of urticaria.

What is the price predicton of SPRY Stock?

Wall Street analysts forecast SPRY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPRY is32.50 USD with a low forecast of 30.00 USD and a high forecast of 35.00 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 ARS Pharmaceuticals Inc (SPRY)'s revenue for the last quarter?

ARS Pharmaceuticals Inc revenue for the last quarter amounts to 22.68M USD, increased 184.47

What is ARS Pharmaceuticals Inc (SPRY)'s earnings per share (EPS) for the last quarter?

ARS Pharmaceuticals Inc. EPS for the last quarter amounts to -0.61 USD, increased 74.29

How many employees does ARS Pharmaceuticals Inc (SPRY). have?

ARS Pharmaceuticals Inc (SPRY) has 158 emplpoyees as of June 01 2026.

What is ARS Pharmaceuticals Inc (SPRY) market cap?

Today SPRY has the market capitalization of 900.68M USD.