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Biocryst Pharmaceuticals (BCRX)
NASDAQ:BCRX
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BioCryst (BCRX) AI Stock Analysis

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BCRX

BioCryst

(NASDAQ:BCRX)

Rating:50Neutral
Price Target:
$8.50
▲(0.59% Upside)
BioCryst's overall stock score is driven by strong earnings call sentiment and strategic corporate events, despite financial instability and valuation concerns. The company's focus on revenue growth and leadership transitions positions it well for future opportunities, although financial risks remain significant.
Positive Factors
Debt Management
The sale of the European Orladeyo business provides a clear line of sight for settling outstanding debt, which had been a concern for some investors.
Growth Opportunity
The steady gain in market share and increased revenue speaks to the strength of the only approved oral prophylactic treatment in the HAE space.
Market Penetration
Orladeyo market penetration is in line with expectations, indicating a strong and sustained launch.
Negative Factors
European Market Impact
The company announced the sale of their EU franchise, which no longer includes EU sales in peak sales models.
Regulatory Delays
The FDA extended the PDUFA for the Orladeyo granule formulation in pediatric HAE patients by 3 months, indicating potential regulatory delays.

BioCryst (BCRX) vs. SPDR S&P 500 ETF (SPY)

BioCryst Business Overview & Revenue Model

Company DescriptionBioCryst Pharmaceuticals, Inc. is a biotechnology company focused on developing innovative therapies for rare diseases, particularly those related to genetic disorders and viral infections. The company's core products include Orladeyo (berotralstat), an oral medication approved for the prevention of hereditary angioedema attacks, and other pipeline candidates aimed at treating conditions such as COVID-19 and various forms of cancer. BioCryst operates primarily in the pharmaceutical sector, leveraging its proprietary drug development technologies to address unmet medical needs.
How the Company Makes MoneyBioCryst generates revenue primarily through the sale of its approved products, such as Orladeyo, which contributes to its direct sales revenue. In addition, the company may earn revenue from licensing agreements and collaborations with other pharmaceutical companies, which can include upfront payments, milestone payments upon achieving certain development or sales targets, and royalties on sales of partnered products. The company's ongoing research and development efforts may also lead to additional revenue opportunities through future product launches and potential government grants or partnerships aimed at bringing innovative therapies to market.

BioCryst Key Performance Indicators (KPIs)

Any
Any
Revenue by Segment
Revenue by Segment
Analyzes revenue from different business segments, offering insight into which parts of BioCryst's operations are most profitable and where there may be opportunities or challenges.
Chart InsightsBioCryst's Orladeyo segment shows robust growth, with revenue significantly increasing year-over-year, reflecting strong market demand and strategic execution. The latest earnings call underscores this momentum, highlighting Orladeyo's best quarter since approval and a 45% year-over-year increase. Despite challenges like the European business sale, BioCryst remains optimistic, expecting to hit the upper half of its revenue guidance. The company's strong cash position and leadership transition are poised to drive future growth, focusing on pipeline advancements and rare disease opportunities.
Data provided by:Main Street Data

BioCryst Earnings Call Summary

Earnings Call Date:Aug 04, 2025
(Q2-2025)
|
% Change Since: 6.29%|
Next Earnings Date:Oct 29, 2025
Earnings Call Sentiment Positive
BioCryst's earnings call highlighted strong financial performance, increased revenue, and strategic leadership transitions, positioning the company for future growth. While there were some challenges with the European business sale and regulatory delays, the overall sentiment remains positive due to the company's robust execution and pipeline advancements.
Q2-2025 Updates
Positive Updates
Outstanding Quarter Performance
BioCryst reported its best quarter since ORLADEYO's approval, with significant revenue growth and new patient demand. ORLADEYO's revenue exceeded expectations by over $22 million compared to Q1 and showed a 45% year-over-year growth.
Strong Financial Position
BioCryst achieved a total revenue of $163.4 million, with ORLADEYO contributing $156.8 million. The company generated $45 million in cash in Q2 and paid down $125 million of its term debt, reducing the balance to $199 million. BioCryst is on a path to generate $700 million in cash by 2027.
Successful Leadership Transition
Charlie Gayer has been appointed as the new CEO, and Babar Ghias as the new CFO. The transition is part of a strategic move to leverage BioCryst's commercial engine and financial strength for future growth.
Pipeline Developments
BioCryst's Netherton syndrome and DME pipeline programs remain on track with data expected by year-end. The company is also in a strong position to explore new opportunities in the rare disease space.
Negative Updates
European Business Sale
BioCryst signed a definitive agreement to sell its European business, which will impact Q4 revenue figures. The sale is part of a strategy to focus on the U.S. market and pay off term debt.
PDUFA Date Delay
The FDA delayed the PDUFA date for ORLADEYO's pediatric approval to December 12, 2025, due to the need for additional review time.
Company Guidance
During the BioCryst Second Quarter 2025 Earnings Conference Call, multiple metrics highlighted the company's robust performance and optimistic outlook. ORLADEYO, their flagship product, achieved its best quarter since approval, with new patient prescriptions up over 10% compared to the first quarter of 2021 and over 15% above Q1 of 2025. ORLADEYO's revenue exceeded expectations, reaching $163.4 million for the quarter, which included a 45% year-over-year growth. The company expects to reach the upper half of its revenue guidance between $580 million and $600 million for the full year, despite anticipated changes in European revenue following the upcoming sale of their European business. The financial results also showed a non-GAAP operating profit of $57 million and a non-GAAP EPS of $0.15, reflecting a strong cash position that enabled significant debt reduction. BioCryst plans to leverage its growing financial strength to advance its pipeline and explore acquisition opportunities in the rare disease sector.

BioCryst Financial Statement Overview

Summary
BioCryst has strong revenue growth and gross profit margins, but faces challenges with persistent net losses and negative equity, indicating high financial risk. Improvements in cash flow generation are noted but reliance on external financing remains.
Income Statement
45
Neutral
BioCryst shows a positive trend in revenue growth with a significant increase to $503.5M in TTM, up from $450.7M in 2024. Gross profit margin remains strong at approximately 97%, indicating efficient cost management. However, the company continues to report net losses, with a net profit margin of -10.6% in TTM. The EBIT and EBITDA margins have improved but remain low due to ongoing operational challenges.
Balance Sheet
30
Negative
The balance sheet reflects financial instability with negative stockholders' equity, which stands at -$451.9M in TTM, indicating liabilities exceed assets. The debt-to-equity ratio is not meaningful due to negative equity. Return on equity is negative due to consistent net losses. The equity ratio is non-existent, highlighting significant financial leverage and risk.
Cash Flow
40
Negative
Free cash flow improved slightly but remains negative at -$27.3M in TTM. Operating cash flow is also negative, impacting the company’s ability to fund operations internally. The free cash flow to net income ratio indicates challenges in converting earnings to cash, although there is a positive trend in reducing cash flow deficits over time.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue503.49M450.71M331.41M270.83M157.17M17.81M
Gross Profit487.82M438.44M325.10M262.80M149.13M16.14M
EBITDA43.80M12.81M-116.33M-143.85M-121.74M-167.56M
Net Income-53.47M-88.88M-226.54M-247.12M-184.06M-182.81M
Balance Sheet
Total Assets480.05M490.42M516.96M550.00M588.15M334.71M
Cash, Cash Equivalents and Short-Term Investments295.09M320.85M388.99M424.31M507.60M300.37M
Total Debt794.99M841.42M848.71M741.45M593.24M279.50M
Total Liabilities931.97M966.35M972.49M844.60M695.14M353.98M
Stockholders Equity-451.93M-475.93M-455.53M-294.60M-106.99M-19.26M
Cash Flow
Free Cash Flow-27.29M-53.14M-97.31M-163.20M-144.54M-137.73M
Operating Cash Flow-26.25M-52.02M-95.14M-161.85M-142.16M-137.22M
Investing Cash Flow50.93M52.59M-131.50M-128.24M15.80M-6.86M
Financing Cash Flow-4.18M-5.76M32.48M88.03M359.67M300.59M

BioCryst Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price8.45
Price Trends
50DMA
9.17
Negative
100DMA
8.99
Negative
200DMA
8.43
Positive
Market Momentum
MACD
-0.18
Negative
RSI
46.82
Neutral
STOCH
40.36
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCRX, the sentiment is Neutral. The current price of 8.45 is above the 20-day moving average (MA) of 8.40, below the 50-day MA of 9.17, and above the 200-day MA of 8.43, indicating a neutral trend. The MACD of -0.18 indicates Negative momentum. The RSI at 46.82 is Neutral, neither overbought nor oversold. The STOCH value of 40.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BCRX.

BioCryst Risk Analysis

BioCryst disclosed 56 risk factors in its most recent earnings report. BioCryst reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

BioCryst Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$1.14B33.85-35.00%21.48%162.30%
58
Neutral
$2.13B3.3264.05%30.57%
53
Neutral
$2.85B-33.26%-49.51%-44.09%
51
Neutral
$7.44B-0.20-46.00%2.27%22.80%-2.27%
50
Neutral
$1.75B18.68%45.85%76.36%
47
Neutral
$2.46B-34.80%2816.21%73.33%
43
Neutral
$2.05B-26.36%-22.19%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
BCRX
BioCryst
8.45
0.81
10.60%
ARWR
Arrowhead Pharmaceuticals
18.78
-3.92
-17.27%
MNKD
MannKind
3.70
-1.44
-28.02%
AGIO
Agios Pharma
36.68
-8.35
-18.54%
IRON
Disc Medicine
60.72
12.78
26.66%
KYMR
Kymera Therapeutics
41.55
-2.25
-5.14%

BioCryst Corporate Events

Executive/Board Changes
BioCryst’s Chief R&D Officer Resigns Amid CEO Decision
Neutral
Aug 11, 2025

On August 6, 2025, Dr. Helen Thackray announced her resignation as Chief Research and Development Officer of BioCryst Pharmaceuticals, effective September 1, 2025, after not being selected as the next CEO. The company has entered into a Separation Agreement with Dr. Thackray, offering various benefits, and a Consulting Agreement for transition services until the end of 2025, ensuring a smooth transition and continuity in operations.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
BioCryst Reports Strong Q2 2025 Financial Performance
Positive
Aug 4, 2025

In the second quarter of 2025, BioCryst Pharmaceuticals reported a significant financial performance with ORLADEYO net revenue reaching $156.8 million, a 45% increase year-over-year, and an operating profit of $29.8 million, marking a 239% rise. The company also announced plans to retire its remaining term debt through the sale of its European ORLADEYO business, which is expected to further strengthen its financial position. The growth in ORLADEYO’s demand, particularly in the U.S., and the promising pipeline developments, including new drug applications and ongoing trials, highlight BioCryst’s strategic focus on expanding its market presence and delivering value to stakeholders.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

Executive/Board ChangesBusiness Operations and Strategy
BioCryst Announces New President Amid Leadership Change
Positive
Jul 31, 2025

On July 31, 2025, BioCryst Pharmaceuticals announced the retirement of Jon Stonehouse as President and CEO, effective December 31, 2025, with Charlie Gayer appointed as the new President effective August 1, 2025, and CEO starting January 1, 2026. Gayer, who has been instrumental in the commercial success of ORLADEYO and shaping the company’s business strategy, is expected to continue driving growth and value creation for stakeholders.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

Executive/Board ChangesBusiness Operations and Strategy
BioCryst Appoints New CFO to Drive Growth
Positive
Jul 7, 2025

On July 7, 2025, BioCryst Pharmaceuticals announced the appointment of Babar Ghias as Chief Financial Officer and Head of Corporate Development. Mr. Ghias brings extensive experience from his previous roles at AvenCell Therapeutics and Paragon Biosciences, where he was instrumental in launching biotechnology companies and raising significant capital. His appointment is expected to bolster BioCryst’s leadership team as the company aims to accelerate growth and enhance value creation. This strategic move is seen as pivotal for BioCryst’s operational excellence and financial discipline, supporting its ambitious growth plans.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

M&A TransactionsBusiness Operations and Strategy
BioCryst Sells BioCryst Ireland to Neopharmed Gentili
Neutral
Jun 30, 2025

On June 27, 2025, BioCryst Pharmaceuticals entered into a Stock Purchase Agreement to sell its equity interests in BioCryst Ireland to Neopharmed Gentili S.p.A. for $250 million, with potential additional payments based on revenue milestones. This transaction, expected to close in October 2025, will involve amendments to existing intellectual property agreements and establish BioCryst as the exclusive supplier of ORLADEYO® to the company, impacting BioCryst’s operations and market positioning in Europe.

The most recent analyst rating on (BCRX) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

M&A TransactionsBusiness Operations and Strategy
BioCryst Sells European ORLADEYO Business for $264M
Positive
Jun 27, 2025

On June 27, 2025, BioCryst Pharmaceuticals announced the sale of its European ORLADEYO business to Neopharmed Gentili for up to $264 million. The transaction will allow BioCryst to eliminate its remaining term debt, saving approximately $70 million in future interest payments, and is expected to leave the company with $700 million in cash by the end of 2027. This strategic move aligns with BioCryst’s goal of enhancing profitability and sustaining growth, while Neopharmed Gentili aims to strengthen its position in the European specialty pharmaceutical market.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

Product-Related AnnouncementsRegulatory Filings and Compliance
FDA Extends BioCryst’s ORLADEYO Review Deadline
Neutral
Jun 25, 2025

On June 23, 2025, the FDA extended the PDUFA goal date for BioCryst‘s new drug application for ORLADEYO® oral granules for pediatric HAE patients aged 2 to 11. This extension, moving the target action date to December 12, 2025, was due to the submission of additional reports and data, which the FDA considered a major amendment requiring a full review.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

Executive/Board ChangesShareholder Meetings
BioCryst Stockholders Approve Stock Incentive Plan Amendment
Neutral
Jun 16, 2025

On June 11, 2025, George B. Abercrombie announced his retirement from BioCryst‘s Board of Directors, effective at the 2025 Annual Meeting. The company expressed gratitude for his 13 years of service. On June 12, 2025, BioCryst’s stockholders approved an amendment to the Stock Incentive Plan, increasing available shares by 11 million. The meeting also included the election of directors, ratification of Ernst & Young LLP as accountants, and approval of executive compensation.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

Executive/Board Changes
BioCryst Extends Consulting Agreement with Former CFO
Neutral
Jun 4, 2025

BioCryst Pharmaceuticals extended a Consulting Agreement with its former CFO, Anthony Doyle, to ensure a smooth transition in leadership. The agreement, effective April 9, 2025, and extended on May 31, 2025, will continue on a month-to-month basis after December 31, 2025, providing stability during the CFO transition.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

Product-Related AnnouncementsRegulatory Filings and Compliance
BioCryst’s ORLADEYO Receives FDA Priority Review
Positive
May 14, 2025

On May 14, 2025, BioCryst Pharmaceuticals announced that the FDA accepted its new drug application for ORLADEYO® oral granules for pediatric patients with hereditary angioedema aged 2 to 11 years, granting it priority review with a target action date of September 12, 2025. If approved, ORLADEYO would be the first targeted oral prophylactic therapy for this age group, potentially improving disease management and reducing acute attacks, with additional regulatory filings planned in Europe, Japan, and Canada.

The most recent analyst rating on (BCRX) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on BioCryst stock, see the BCRX Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 14, 2025