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TVTX

Travere Therapeutics, Inc.

TVTX

NASDAQ·Healthcare·Biotechnology·Mkt cap $5.2B

$55.72

-1.11%

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

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52-Week Range

$14.44 - $60.10

P/E

-105.12

Fwd P/E

65.24

Beta

1.14

Div Yield

0.00%

Avg Vol

2.5M

Shares Out

92.2M

Mkt Cap

$5.2B

Price action

Price chart

Up 279.6% 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

4 reasons

  • Established portfolio of FDA-approved rare disease medications with limited competition
  • Specialized expertise in rare metabolic and genetic disorder treatment
  • Strategic partnerships with NIH and patient advocacy organizations for drug discovery
  • Orphan drug designations providing regulatory and market exclusivity benefits

Bear Case

2 risks

  • Average volatility.
  • Growth premium of 2.8x vs Biotech & Therapeutics peers. Elevated but may be justified by growth trajectory.

Growth

Turning profitable

Sparsentan Phase III clinical trial advancement for FSGS and IgA nephropathy treatment

Value

Growth premium of 2.8x vs Biotech & Therapeutics peers. Elevated but may be justified by growth trajectory.

Momentum

Hot

+85.1% over 3m

Quality

Excellent

High-growth business (96% revenue growth, 94% gross margin). Pre-profit but investing in growth.

Dividend

None

No dividend

Earnings track record

Recent earnings results

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

Next: Apr 29, 2026

Q2 26 RECAP

MAY 4, 2026

Reported EPS of -$0.39 vs -$0.24 consensus (-61.1% surprise). Revenue of $127.2M vs $136.2M expected (-6.6%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-61.1%

Next: Apr 29, 2026

Revenue trend · last 8Q

+66%

+98%

+111%

+162%

+73%

+56%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$54.1M

$62.9M

$74.8M

$81.7M

$114.4M

$164.9M

$129.7M

$127.2M

Margins · last 8Q

Gross

Operating

Profit

-29.2%

Wall Street consensus

9 analysts · 89% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

8

89%

Hold

1

11%

Sell

0%

Median Price Target

$54.00

-3.1% vs $55.72

Low $49.00
Median $54.00
High $67.00

Latest: Guggenheim · Jun 25, 2026

3 analysts covering

vs Industry

How TVTX stacks vs Biotechnology

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

Industry comparison data unavailable for this stock.