LIVE

HRMY

Harmony Biosciences Holdings, Inc.

HRMY

NASDAQ·Healthcare·Biotechnology·Mkt cap $2.1B

$37.03

+2.86%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

View research view

52-Week Range

$25.52 - $40.87

P/E

14.87

Fwd P/E

9.15

Beta

0.97

Div Yield

0.00%

Avg Vol

822.7K

Shares Out

57.8M

Mkt Cap

$2.1B

Price action

Price chart

Up 12.1% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • FDA-approved first-in-class treatment for narcolepsy with differentiated mechanism of action
  • Specialized focus on rare neurological disorders with limited competitive alternatives
  • Established commercial infrastructure and market presence for WAKIX distribution
  • Orphan drug designation providing regulatory exclusivity and market protection

Bear Case

1 risk

  • Average volatility.

Growth

Moderate growth ahead

Expanding WAKIX market penetration and patient awareness in narcolepsy treatment

Value

Deep value opportunity - significant discount to Biotech & Therapeutics peers

Momentum

Hot

+29.8% over 3m

Quality

Excellent

Excellent business quality

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 4, 2026

Q2 26 RECAP

MAY 7, 2026

Reported EPS of $0.55 vs $0.76 consensus (-27.6% surprise). Revenue of $215.4M vs $220.8M expected (-2.5%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-27.6%

Next: May 4, 2026

Revenue trend · last 8Q

+20%

+19%

+16%

+29%

+21%

+17%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$172.8M

$186.0M

$201.3M

$184.7M

$200.5M

$239.5M

$243.8M

$215.4M

Margins · last 8Q

Gross

Operating

Profit

15.1%

Wall Street consensus

6 analysts · 33% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

33%

Hold

3

50%

Sell

1

17%

Median Price Target

Latest: Deutsche Bank · Jun 30, 2026

vs Industry

How HRMY stacks vs Biotechnology

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.