tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Avadel Sets Court Date for Alkermes Acquisition Scheme

Story Highlights
  • Irish High Court set a February 10, 2026 hearing on Alkermes’ acquisition of Avadel.
  • Acquisition expected post-court sanction as investors face Irish Takeover Rules disclosures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Avadel Sets Court Date for Alkermes Acquisition Scheme

Claim 50% Off TipRanks Premium

The latest update is out from Avadel Pharmaceuticals ( (AVDL) ).

On January 19, 2026, Avadel Pharmaceuticals announced that the High Court of Ireland has scheduled a sanction hearing for February 10, 2026 to consider a scheme of arrangement under which Alkermes plc will acquire all issued and to-be-issued ordinary shares of Avadel. The offer period for this takeover began on October 22, 2025, and the transaction is expected to close shortly after the court sanctions the scheme, with the company outlining Irish Takeover Rules disclosure obligations for shareholders holding or dealing in 1% or more of Avadel’s relevant securities, underscoring the formal progression and regulatory framework of the pending acquisition.

The most recent analyst rating on (AVDL) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Avadel Pharmaceuticals stock, see the AVDL Stock Forecast page.

Spark’s Take on AVDL Stock

According to Spark, TipRanks’ AI Analyst, AVDL is a Neutral.

The score is driven primarily by improving operational trends (revenue growth and strong cash-flow improvement) and a stable balance sheet with minimal leverage, but held back by continued lack of profitability (negative net margin and ROE). Technicals are moderately positive, while valuation is weak due to losses and a negative P/E. Corporate events provide meaningful upside support via the approved acquisition and other favorable developments.

To see Spark’s full report on AVDL stock, click here.

More about Avadel Pharmaceuticals

Average Trading Volume: 3,099,558

Technical Sentiment Signal: Buy

Current Market Cap: $2.1B

For an in-depth examination of AVDL stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1