LIVE

NBIX

Neurocrine Biosciences, Inc.

NBIX

NASDAQ·Healthcare·Biotechnology·Mkt cap $16.9B

$172.02

+2.53%

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

$122.14 - $172.41

P/E

26.26

Fwd P/E

24.01

Beta

0.40

Div Yield

0.00%

Avg Vol

1.2M

Shares Out

100.4M

Mkt Cap

$16.9B

Price action

Price chart

Up 29.6% 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

5 reasons

  • Market-leading INGREZZA with strong tardive dyskinesia franchise and brand recognition
  • Diversified product portfolio across multiple therapeutic areas reducing revenue concentration risk
  • Strategic partnerships with major pharmaceutical companies providing development and commercialization support
  • Experienced management team with proven track record in specialty pharmaceutical development and commercialization
  • Focused pipeline targeting high-value indications with significant unmet medical needs

Bear Case

2 risks

  • Low volatility (beta 0.4).
  • Growth premium of 1.6x vs Large Cap Pharma peers. Elevated but may be justified by growth trajectory.

Growth

Stable outlook

Strong revenue growth (21% YoY)

Value

Growth premium of 1.6x vs Large Cap Pharma peers. Elevated but may be justified by growth trajectory.

Momentum

Hot

+27.5% over 3m

Quality

Excellent

High-growth business (29% revenue growth, 98% gross margin). Profitable with strong growth momentum.

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

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

Next: May 4, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of $1.94 vs $1.68 consensus (+15.5% surprise). Revenue of $814.5M vs $768.3M expected (+6.0%). Beat on both top and bottom lines.

EPS beat +15.5%
Rev beat +6.0%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+15.5%

Next: May 4, 2026

Revenue trend · last 8Q

+22%

+11%

+16%

+28%

+28%

+42%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$590.2M

$622.1M

$627.7M

$572.6M

$687.5M

$794.9M

$805.5M

$814.5M

Margins · last 8Q

Gross

Operating

Profit

24.3%

Wall Street consensus

14 analysts · 86% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

12

86%

Hold

2

14%

Sell

0%

Median Price Target

$220.00

+27.9% vs $172.02

Low $207.00
Median $220.00
High $230.00

Latest: Goldman Sachs · $213.00 · Jun 2, 2026

4 analysts covering

vs Industry

How NBIX stacks vs Biotechnology

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

Industry comparison data unavailable for this stock.