Biohaven Ltd. (BHVN)
NYSE:BHVN
US Market
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Biohaven Ltd. (BHVN) Stock Forecast & Price Target

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BHVN Analyst Ratings

Moderate Buy
12Ratings
Moderate Buy
8 Buy
4 Hold
0 Sell
Based on 12 analysts giving stock ratings to
Biohaven
Ltd.
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

BHVN Stock 12 Month Forecast

Average Price Target

$21.30
▲(167.92% Upside)
Based on 12 Wall Street analysts offering 12 month price targets for Biohaven Ltd. in the last 3 months. The average price target is $21.30 with a high forecast of $54.00 and a low forecast of $9.00. The average price target represents a 167.92% change from the last price of $7.95.
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 43,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":44.74,"date":1733011200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 39,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":37.35,"date":1735689600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 32,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":38.25,"date":1738368000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 20,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":37.18,"date":1740787200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 19,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":22.6,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 21,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 5</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":22.45,"date":1746057600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 30,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n     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Highest Price Target$54.00Average Price Target$21.30Lowest Price Target$9.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Citi
$28$14
Buy
76.10%
Upside
Reiterated
11/12/25
Strategic Focus and Financial Positioning Drive Buy Rating for Biohaven Ltd.
William Blair Analyst forecast on BHVN
William Blair
William Blair
Hold
Reiterated
11/10/25
Biohaven Ltd.: Navigating Setbacks with Strategic Restructuring and Promising Pipeline
RBC Capital Analyst forecast on BHVN
RBC Capital
RBC Capital
$9
Hold
13.21%
Upside
Reiterated
11/10/25
RBC Capital Sticks to Its Hold Rating for Biohaven Ltd. (BHVN)
Bank of America Securities Analyst forecast on BHVN
Bank of America Securities
Bank of America Securities
$10
Hold
25.79%
Upside
Reiterated
11/10/25
Biohaven Ltd. (BHVN) Gets a Hold from Bank of America SecuritiesWe reiterate Neutral and $10 PO.
TD Cowen
$15
Buy
88.68%
Upside
Reiterated
11/10/25
Strategic Pipeline Focus and Cost Management Drive Buy Rating for Biohaven Ltd.We expect that R&D expenses will get cut in half to preserve runway for these programs. A Type A meeting with the FDA has been requested to appeal the tror/SCA CRL, but investors should consider this program to be in the rear-view mirror.
H.C. Wainwright Analyst forecast on BHVN
H.C. Wainwright
H.C. Wainwright
$8.26$30
Buy
277.36%
Upside
Reiterated
11/09/25
H.C. Wainwright Sticks to Its Buy Rating for Biohaven Ltd. (BHVN)
Piper Sandler Analyst forecast on BHVN
Piper Sandler
Piper Sandler
$75$30
Buy
277.36%
Upside
Reiterated
11/06/25
Biohaven price target lowered to $30 from $75 at Piper SandlerBiohaven price target lowered to $30 from $75 at Piper Sandler
Bernstein
$34$9
Hold
13.21%
Upside
Downgraded
11/06/25
Hold Rating on Biohaven Ltd. Amid Liquidity Challenges and Uncertain Clinical OutcomesWe are downgrading BHVN to $9 PT following Tuesday’s announcement of the CRL for troriluzole in SCA - see our initial reaction here. This is a painful downgrade, as we remain excited about the LT value of the degrader platform, the original reason for our Outperform rating.
BTIG
$33$16
Buy
101.26%
Upside
Reiterated
11/06/25
BTIG Reaffirms Their Buy Rating on Biohaven Ltd. (BHVN)
Morgan Stanley Analyst forecast on BHVN
Morgan Stanley
Morgan Stanley
$54
Buy
579.25%
Upside
Reiterated
11/05/25
Biohaven Ltd.: Strategic Initiatives and Financial Positioning Drive Buy Rating Amid FDA Challenges
Raymond James Analyst forecast on BHVN
Raymond James
Raymond James
Buy
Reiterated
11/03/25
Optimistic Buy Rating for Biohaven Ltd. Amidst High-Risk PDUFA Decision on TroriluzoleWe think investors would do well to understand some key differences. First, with turmoil at FDA top of mind, we highlight that it is CDER’s Neurology I division reviewing BHVN’s application and CBER interacting with QURE. While the centers do share expertise, there are different patterns for each center. Other differences include the fact that QURE has not yet filed, while BHVN has filed, FDA accepted the file, and assigned priority review. Finally, we note that QURE’s program (gene therapy requiring brain surgery for delivery) is quite a different proposition than an oral prodrug of riluzole (a long-approved treatment for ALS) with a benign safety profile.
UBS
$27$26
Buy
227.04%
Upside
Reiterated
09/16/25
Biohaven price target lowered to $26 from $27 at UBSBiohaven price target lowered to $26 from $27 at UBS
Leerink Partners Analyst forecast on BHVN
Leerink Partners
Leerink Partners
$60$50
Buy
528.93%
Upside
Reiterated
08/12/25
Biohaven price target lowered to $50 from $60 at LeerinkBiohaven price target lowered to $50 from $60 at Leerink
Robert W. Baird Analyst forecast on BHVN
Robert W. Baird
Robert W. Baird
$57$52
Buy
554.09%
Upside
Reiterated
08/12/25
Biohaven price target lowered to $52 from $57 at BairdBiohaven price target lowered to $52 from $57 at Baird
Roth MKM Analyst forecast on BHVN
Unknown Analyst
Roth MKM
Not Ranked
Roth MKM
$54$30
Buy
277.36%
Upside
Reiterated
08/12/25
Roth MKM Sticks to Its Buy Rating for Biohaven Ltd. (BHVN)we lower our EV/sales multiple from 6.7x to 5x and adjust our PT from $54 to $30
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Citi
$28$14
Buy
76.10%
Upside
Reiterated
11/12/25
Strategic Focus and Financial Positioning Drive Buy Rating for Biohaven Ltd.
William Blair Analyst forecast on BHVN
William Blair
William Blair
Hold
Reiterated
11/10/25
Biohaven Ltd.: Navigating Setbacks with Strategic Restructuring and Promising Pipeline
RBC Capital Analyst forecast on BHVN
RBC Capital
RBC Capital
$9
Hold
13.21%
Upside
Reiterated
11/10/25
RBC Capital Sticks to Its Hold Rating for Biohaven Ltd. (BHVN)
Bank of America Securities Analyst forecast on BHVN
Bank of America Securities
Bank of America Securities
$10
Hold
25.79%
Upside
Reiterated
11/10/25
Biohaven Ltd. (BHVN) Gets a Hold from Bank of America SecuritiesWe reiterate Neutral and $10 PO.
TD Cowen
$15
Buy
88.68%
Upside
Reiterated
11/10/25
Strategic Pipeline Focus and Cost Management Drive Buy Rating for Biohaven Ltd.We expect that R&D expenses will get cut in half to preserve runway for these programs. A Type A meeting with the FDA has been requested to appeal the tror/SCA CRL, but investors should consider this program to be in the rear-view mirror.
H.C. Wainwright Analyst forecast on BHVN
H.C. Wainwright
H.C. Wainwright
$8.26$30
Buy
277.36%
Upside
Reiterated
11/09/25
H.C. Wainwright Sticks to Its Buy Rating for Biohaven Ltd. (BHVN)
Piper Sandler Analyst forecast on BHVN
Piper Sandler
Piper Sandler
$75$30
Buy
277.36%
Upside
Reiterated
11/06/25
Biohaven price target lowered to $30 from $75 at Piper SandlerBiohaven price target lowered to $30 from $75 at Piper Sandler
Bernstein
$34$9
Hold
13.21%
Upside
Downgraded
11/06/25
Hold Rating on Biohaven Ltd. Amid Liquidity Challenges and Uncertain Clinical OutcomesWe are downgrading BHVN to $9 PT following Tuesday’s announcement of the CRL for troriluzole in SCA - see our initial reaction here. This is a painful downgrade, as we remain excited about the LT value of the degrader platform, the original reason for our Outperform rating.
BTIG
$33$16
Buy
101.26%
Upside
Reiterated
11/06/25
BTIG Reaffirms Their Buy Rating on Biohaven Ltd. (BHVN)
Morgan Stanley Analyst forecast on BHVN
Morgan Stanley
Morgan Stanley
$54
Buy
579.25%
Upside
Reiterated
11/05/25
Biohaven Ltd.: Strategic Initiatives and Financial Positioning Drive Buy Rating Amid FDA Challenges
Raymond James Analyst forecast on BHVN
Raymond James
Raymond James
Buy
Reiterated
11/03/25
Optimistic Buy Rating for Biohaven Ltd. Amidst High-Risk PDUFA Decision on TroriluzoleWe think investors would do well to understand some key differences. First, with turmoil at FDA top of mind, we highlight that it is CDER’s Neurology I division reviewing BHVN’s application and CBER interacting with QURE. While the centers do share expertise, there are different patterns for each center. Other differences include the fact that QURE has not yet filed, while BHVN has filed, FDA accepted the file, and assigned priority review. Finally, we note that QURE’s program (gene therapy requiring brain surgery for delivery) is quite a different proposition than an oral prodrug of riluzole (a long-approved treatment for ALS) with a benign safety profile.
UBS
$27$26
Buy
227.04%
Upside
Reiterated
09/16/25
Biohaven price target lowered to $26 from $27 at UBSBiohaven price target lowered to $26 from $27 at UBS
Leerink Partners Analyst forecast on BHVN
Leerink Partners
Leerink Partners
$60$50
Buy
528.93%
Upside
Reiterated
08/12/25
Biohaven price target lowered to $50 from $60 at LeerinkBiohaven price target lowered to $50 from $60 at Leerink
Robert W. Baird Analyst forecast on BHVN
Robert W. Baird
Robert W. Baird
$57$52
Buy
554.09%
Upside
Reiterated
08/12/25
Biohaven price target lowered to $52 from $57 at BairdBiohaven price target lowered to $52 from $57 at Baird
Roth MKM Analyst forecast on BHVN
Unknown Analyst
Roth MKM
Not Ranked
Roth MKM
$54$30
Buy
277.36%
Upside
Reiterated
08/12/25
Roth MKM Sticks to Its Buy Rating for Biohaven Ltd. (BHVN)we lower our EV/sales multiple from 6.7x to 5x and adjust our PT from $54 to $30
Stocks with the Highest Top Analyst Consensus in the Healthcare Sector
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Best Analysts Covering Biohaven Ltd.

1 Month
xxx
Success Rate
9/14 ratings generated profit
64%
Average Return
+8.97%
reiterated a xxx
rating 11 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 64.29% of your transactions generating a profit, with an average return of +8.97% per trade.
3 Months
xxx
Success Rate
11/21 ratings generated profit
52%
Average Return
+8.64%
reiterated a xxx
rating 8 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 52.38% of your transactions generating a profit, with an average return of +8.64% per trade.
1 Year
Success Rate
11/21 ratings generated profit
52%
Average Return
+26.75%
reiterated a buy rating 8 days ago
Copying Thomas Shrader's trades and holding each position for 1 Year would result in 52.38% of your transactions generating a profit, with an average return of +26.75% per trade.
2 Years
xxx
Success Rate
4/14 ratings generated profit
29%
Average Return
-0.84%
reiterated a xxx
rating 11 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 28.57% of your transactions generating a profit, with an average return of -0.84% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

BHVN Analyst Recommendation Trends

Rating
Jul 25
Aug 25
Sep 25
Oct 25
Nov 25
Strong Buy
10
12
14
16
14
Buy
6
3
3
2
1
Hold
2
1
2
2
7
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
18
16
19
20
22
In the current month, BHVN has received 15 Buy Ratings, 7 Hold Ratings, and 0 Sell Ratings. BHVN average Analyst price target in the past 3 months is 21.30.
Each month's total comprises the sum of three months' worth of ratings.

BHVN Financial Forecast

BHVN Earnings Forecast

Next quarter’s earnings estimate for BHVN is -$1.54 with a range of -$2.35 to -$0.33. The previous quarter’s EPS was -$1.64. BHVN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.09% of the time in the same period. In the last calendar year BHVN has Performed in-line its overall industry.
Next quarter’s earnings estimate for BHVN is -$1.54 with a range of -$2.35 to -$0.33. The previous quarter’s EPS was -$1.64. BHVN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.09% of the time in the same period. In the last calendar year BHVN has Performed in-line its overall industry.
No data currently available

BHVN Sales Forecast

Next quarter’s sales forecast for BHVN is $364.00K with a range of $0.00 to $4.00M. The previous quarter’s sales results were $0.00. BHVN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 47.55% of the time in the same period. In the last calendar year BHVN has Performed in-line its overall industry.
Next quarter’s sales forecast for BHVN is $364.00K with a range of $0.00 to $4.00M. The previous quarter’s sales results were $0.00. BHVN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 47.55% of the time in the same period. In the last calendar year BHVN has Performed in-line its overall industry.

BHVN Stock Forecast FAQ

What is BHVN’s average 12-month price target, according to analysts?
Based on analyst ratings, Biohaven Ltd.’s 12-month average price target is 21.30.
    What is BHVN’s upside potential, based on the analysts’ average price target?
    Biohaven Ltd. has 167.92% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is BHVN a Buy, Sell or Hold?
          Biohaven Ltd. has a consensus rating of Moderate Buy which is based on 8 buy ratings, 4 hold ratings and 0 sell ratings.
            What is Biohaven Ltd.’s price target?
            The average price target for Biohaven Ltd. is 21.30. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $54.00 ,the lowest forecast is $9.00. The average price target represents 167.92% Increase from the current price of $7.95.
              What do analysts say about Biohaven Ltd.?
              Biohaven Ltd.’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts.
                How can I buy shares of BHVN?
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