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SPRY 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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0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
8.704
Open
7.870
VWAP
8.36
Vol
1.90M
Mkt Cap
849.98M
Low
7.825
Amount
15.88M
EV/EBITDA(TTM)
--
Total Shares
99.30M
EV
701.37M
EV/OCF(TTM)
--
P/S(TTM)
10.01
ARS Pharmaceuticals, Inc. is a biopharmaceutical company. The Company is focused on the commercialization and development of neffy for the needle-free intranasal delivery of epinephrine for the emergency treatment of Type I allergic reactions, including anaphylaxis. neffy is a proprietary composition of epinephrine with an innovative absorption enhancer called Intravail, which allows neffy to safely provide intranasal delivery of epinephrine at a low dose within the exposures of approved injectable products across a range of dosing conditions. Type I allergic reactions are potentially life-threatening hypersensitivity reactions that can occur within minutes of exposure to an allergen and need to be treated immediately to relieve symptoms and prevent further progression.
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Events Timeline

(ET)
2026-03-27
08:20:00
ARS Pharmaceuticals Receives FDA Approval to Update Neffy Label
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2026-03-09 (ET)
2026-03-09
16:20:00
Major Averages Volatile Amid Oil Price Spike
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2026-03-09
12:10:00
Dow Jones Drops Over 400 Points Amid Oil Price Surge
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2026-03-09
06:10:00
ARS Pharma Reports Q4 Revenue of $28.1M, Beating Consensus
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2026-02-02 (ET)
2026-02-02
08:10:00
ARS Pharmaceuticals Receives Positive Opinion for EURneffy 1mg Spray from EU
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2026-01-21 (ET)
2026-01-21
08:10:00
ARS Pharmaceuticals Announces California Schools Eligible for neffyinSchools Program
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2026-01-09 (ET)
2026-01-09
09:40:00
Raymond James: Strong Buy on ARS Pharmaceuticals, Anaphylm Market Entry May Be Delayed by a Year
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2025-12-29 (ET)
2025-12-29
08:10:00
ARS Pharmaceuticals Receives China Approval for Neffy to Treat Allergic Reactions
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News

Newsfilter
8.5
12:42 PMNewsfilter
PinnedARS Pharma Updates neffy Dosage Guidelines for All Weights
  • Removal of Age Restrictions: The FDA has approved an update to the prescribing information for neffy® 1 mg, eliminating age restrictions for children, allowing all individuals weighing ≥33 lbs to access this needle-free epinephrine, significantly enhancing emergency treatment options for allergic reactions, particularly for children under four.
  • Increased Portability: The updated labeling recommends that patients store neffy in blister packaging or a dedicated carrying case, with ARS Pharma set to include a carrying case with each prescription starting this summer, aimed at improving convenience and confidence for patients during emergencies.
  • Market Demand Response: Approximately 25% of patients requiring epinephrine are children weighing ≥33 lbs and <66 lbs, with about 25% being under four years old; the updated guidelines will effectively reduce barriers for parents in emergency situations, enhancing the product's market competitiveness.
  • Enhanced Safety: The FDA also updated flexible guidance on using neffy, allowing for use after accidental freezing and at high temperatures (up to 122°F), further improving the product's applicability and safety, meeting patient needs across various environments.
seekingalpha
5.0
13:11 PMseekingalpha
FDA Allows ARS Pharmaceuticals to Remove Age Requirement for Neffy
  • Age Requirement Removal: The FDA's approval for ARS Pharmaceuticals to eliminate the age requirement for neffy (epinephrine nasal spray) allows children and adults weighing at least 33 pounds (approximately 15 kg) to use the product, thereby expanding the potential user base and enhancing market acceptance.
  • Labeling Update: The labeling change includes more flexible guidance regarding the administration of the medication, temperature excursions, and freezing conditions, aimed at improving usability and safety, thus enhancing the user experience.
  • Sales Strategy Adjustment: ARS Pharmaceuticals is expanding its sales force and implementing a digital strategy to drive neffy sales growth while maintaining SG&A expenses in 2026, demonstrating the company's confidence in future market potential.
  • Optimistic Market Outlook: With the gradual increase in neffy sales and global expansion, ARS Pharmaceuticals is positioned for a potential re-rating of its stock, attracting more investor attention and further driving company growth.
NASDAQ.COM
9.0
13:04 PMNASDAQ.COM
ARS Pharmaceuticals Receives FDA Approval for neffy Label Update
  • FDA Approval Update: ARS Pharmaceuticals announced that the U.S. FDA has approved an update to the prescribing information for neffy 1 mg epinephrine nasal spray, removing age restrictions and allowing all children and adults weighing 33 lbs. or more to use it, significantly broadening the drug's eligible user base.
  • Increased Accessibility: The label update not only lowers treatment hurdles but also encourages patients to carry neffy in its blister packaging or carrying case, ensuring rapid access during emergencies, thereby enhancing the response capability to Type 1 allergic reactions and anaphylaxis.
  • Expert Commentary: Allergy/Immunology and Pediatrics expert Nicole Chase stated that having a needle-free epinephrine treatment available is an important step forward, helping more patients and caregivers alleviate treatment barriers while protecting children.
  • Stock Price Reaction: ARS Pharmaceuticals shares were trading at $8.56 at the last close, up 8.35%, reflecting a positive market response to the FDA approval news, which may further drive the company's market share in the allergy treatment sector.
seekingalpha
9.5
03-09seekingalpha
ARS Pharmaceuticals Q4 2025 Earnings Call Insights
  • Significant Revenue Growth: ARS Pharmaceuticals reported total revenue of $84.3 million for 2025, with U.S. net product revenue at $72.2 million, indicating strong performance in new markets and potential for future market share expansion.
  • Sales Team Expansion Plan: The company plans to increase its sales force from 106 to 150 in Q2 2026, funded through the reallocation of existing resources, ensuring no increase in SG&A expenses for 2026 while enhancing engagement with priority accounts.
  • Improved Market Coverage: By the end of 2025, ARS achieved approximately 93% overall commercial coverage, with 57% of covered lives having access without prior authorization, which is expected to drive sales growth and improve customer satisfaction.
  • International Market Expansion: ARS Pharmaceuticals has secured regulatory approvals in Europe, China, Japan, and Australia, with plans for further product launches in 2026, demonstrating its strategic commitment to global expansion.
Newsfilter
9.5
03-09Newsfilter
ARS Pharmaceuticals Reports $84.3 Million Revenue for 2025
  • Financial Performance: ARS Pharmaceuticals reported total revenue of $84.3 million for 2025, with $72.2 million from U.S. neffy sales, indicating strong growth potential in the allergy treatment market while reflecting ongoing investment in product promotion.
  • R&D Expenses: The company incurred $13.2 million in R&D expenses for 2025, primarily for product development and clinical trials, which, despite being high, underscores its commitment to innovation to enhance market competitiveness.
  • Marketing Strategy: ARS plans to maintain a similar annual spend level on neffy promotion in 2026, anticipating that increased patient and caregiver engagement will accelerate market share growth, particularly driven by new advertising campaigns.
  • Cash Flow Position: As of December 31, 2025, ARS had $245 million in cash and short-term investments, which is expected to fund operations until cash-flow break-even, demonstrating the company's financial stability.
seekingalpha
9.5
03-09seekingalpha
ARS Pharmaceuticals Reports FY EPS Beat with Strong Cash Position
  • Earnings Highlights: ARS Pharmaceuticals reported a FY GAAP EPS of -$1.74, beating expectations by $0.02, while revenue of $84.28 million, down 5.5% year-over-year, still exceeded forecasts by $2.6 million, demonstrating the company's resilience in challenging conditions.
  • Cash Position: As of December 31, 2025, ARS Pharma had cash, cash equivalents, and short-term investments totaling $245 million, with 99,290,926 shares outstanding, indicating strong financial management and liquidity.
  • Operational Funding Assurance: The company believes its year-end cash position will fund operations through expected cash-flow break-even, providing a solid foundation for future business development and enhancing investor confidence.
  • Market Outlook: With climbing Neffy sales and global expansion, ARS Pharmaceuticals' stock could be re-rated, as market interest in its future growth potential continues to rise.
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
Oppenheimer
Oppenheimer
Outperform
maintain
$40 -> $35
AI Analysis
2025-11-11
Reason
Oppenheimer
Oppenheimer
Price Target
$40 -> $35
AI Analysis
2025-11-11
maintain
Outperform
Reason
Oppenheimer lowered the firm's price target on ARS Pharmaceuticals to $35 from $40 and keeps an Outperform rating on the shares. The firm notes the company reported strong Q3 financials with $32.5M in revenue, beating consensus and surpassing OpCo estimates of $28.7M/$29.4M, respectively. Neffy's momentum reflects the DTC lift, back-to-school demand, and broader prescriber adoption across new epinephrine segments, with upcoming tailwinds from the virtual campaign, growing real-world evidence, and formulary adds in 2026, Oppenheimer adds.
Roth Capital
Kyle Bauser
initiated
$30
2025-11-04
Reason
Roth Capital
Kyle Bauser
Price Target
$30
2025-11-04
initiated
Reason
Roth Capital analyst Kyle Bauser resumed coverage of ARS Pharmaceuticals with a Buy rating and $30 price target. The firm is anticipating significant revenue growth from the rapid adoption of the company's signature product, neffy, which is an innovative intranasal epinephrine device for Type 1 allergic reactions, including anaphylaxis, the analyst tells investors in a research note. The ability of neffy to take significant share from outdated epinephrine auto-injectors is currently underappreciated, particularly given the recent sales growth to date, the firm added.
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Valuation Metrics

The current forward P/E ratio for ARS Pharmaceuticals Inc (SPRY.O) is -7.61, compared to its 5-year average forward P/E of -11.43. 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
-11.43
Current PE
-7.61
Overvalued PE
-6.97
Undervalued PE
-15.89

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
-1.30
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
2.20
Undervalued EV/EBITDA
-4.81

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
5759.43
Current PS
6.92
Overvalued PS
25289.45
Undervalued PS
-13770.59

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SPRY

R
Rubric Capital Management LP
Holding
SPRY
+2.34%
3M Return
D
Deerfield Management Company, L.P.
Holding
SPRY
-1.60%
3M Return
O
OrbiMed Advisors LLC
Holding
SPRY
-2.45%
3M Return
R
RA Capital Management, L.P.
Holding
SPRY
-4.24%
3M Return
T
Third Point LLC
Holding
SPRY
-5.65%
3M Return
S
Southpoint Capital Advisors LP
Holding
SPRY
-9.78%
3M Return

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Frequently Asked Questions

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

The current price of SPRY is 8.56 USD — it has increased 8.35

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

ARS Pharmaceuticals, Inc. is a biopharmaceutical company. The Company is focused on the commercialization and development of neffy for the needle-free intranasal delivery of epinephrine for the emergency treatment of Type I allergic reactions, including anaphylaxis. neffy is a proprietary composition of epinephrine with an innovative absorption enhancer called Intravail, which allows neffy to safely provide intranasal delivery of epinephrine at a low dose within the exposures of approved injectable products across a range of dosing conditions. Type I allergic reactions are potentially life-threatening hypersensitivity reactions that can occur within minutes of exposure to an allergen and need to be treated immediately to relieve symptoms and prevent further progression.

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 28.09M USD, decreased -67.56

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 -0.42 USD, decreased -200.00

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

ARS Pharmaceuticals Inc (SPRY) has 158 emplpoyees as of March 27 2026.

What is ARS Pharmaceuticals Inc (SPRY) market cap?

Today SPRY has the market capitalization of 849.98M USD.