Want to see HRTX full AI Analyst Report?
HRTX Stock Chart & Stats
$0.46
>-$0.01(-0.70%)
At close: 4:00 PM EDT
$0.46
>-$0.01(-0.70%)
Day’s Range― - ―
52-Week Range$0.32 - $1.58
Previous CloseN/A
Volume1.16M
Average Volume (3M)3.06M
Market Cap
$92.90M
Enterprise Value$187.97
Total Cash (Recent Filing)$42.66M
Total Debt (Recent Filing)$148.35M
Price to Earnings (P/E)―
Beta1.46
Next Earnings
Nov 10, 2026EPS Estimate
-0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.19
Shares Outstanding189,279,370
10 Day Avg. Volume2,664,236
30 Day Avg. Volume3,059,040
Financial Highlights & Ratios
PEG Ratio-0.31
Price to Book (P/B)15.12
Price to Sales (P/S)1.40
P/FCF Ratio-7.77
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-0.07
Revenue Forecast (FY)$165.66M
Bulls Say, Bears Say
Bulls Say
Revenue And Margin ImprovementTrailing revenue growth (~31% TTM) combined with persistently high gross margins (~71%) indicates the core products are gaining sustained commercial traction and that unit economics are durable. This underpins potential for operating leverage as volumes rise, supporting long‑term margin sustainability if scale continues.
APONVIE Adoption & Share GainsRapid APONVIE adoption, strong year‑over‑year unit growth and broad P&T approvals (1,810 accounts) signal durable market acceptance in the NK‑1 surgical antiemetic niche. Widespread formulary access and rising daily unit use support recurring institutional demand and greater penetration potential across perioperative protocols.
Acute Care Franchise Momentum (ZYNRELEF +)A 44% year‑over‑year increase in the acute care franchise, led by ZYNRELEF adoption, reflects structural gains in postsurgical pain management penetration. Steady increases in average daily units and account ordering indicate the company is building a durable commercial footprint in targeted surgical settings with repeatable procedure‑level demand.
Bears Say
High Leverage / Fragile Equity BaseVery high leverage and an extremely thin equity base materially constrain financial flexibility. With debt vastly exceeding equity, the company faces heightened refinancing, covenant and solvency risk, limiting ability to fund growth internally and raising the likelihood that strategic options may require dilutive financing or asset sales.
Negative Operating And Free Cash FlowPersistent negative operating and free cash flow mean the business remains reliant on external financing or asset monetization to fund operations. Recent cash reductions after principal payments and the pause of sales expansion highlight liquidity sensitivity; absent sustained positive cash conversion, funding needs could force strategic tradeoffs or dilution.
Patent Invalidation / Generic Risk To CINVANTIA district court ruling invalidating key CINVANTI patents creates a structural competitive threat for the company’s largest product. Potential generic entry could materially and permanently reduce branded oncology supportive care revenues, undermining cash flow predictability and the economics that support the broader commercial franchise.
HRTX FAQ
What was Heron Therapeutics Inc’s price range in the past 12 months?
Heron Therapeutics Inc lowest stock price was $0.32 and its highest was $1.57 in the past 12 months.
What is Heron Therapeutics Inc’s market cap?
Heron Therapeutics Inc’s market cap is $92.90M.
When is Heron Therapeutics Inc’s upcoming earnings report date?
Heron Therapeutics Inc’s upcoming earnings report date is Nov 10, 2026 which is in 90 days.
How were Heron Therapeutics Inc’s earnings last quarter?
Heron Therapeutics Inc released its earnings results on Aug 10, 2026. The company reported -$0.03 earnings per share for the quarter, missing the consensus estimate of -$0.005 by -$0.025.
Is Heron Therapeutics Inc overvalued?
According to Wall Street analysts Heron Therapeutics Inc’s price is currently Overvalued.
Does Heron Therapeutics Inc pay dividends?
Heron Therapeutics Inc does not currently pay dividends.
What is Heron Therapeutics Inc’s EPS estimate?
Heron Therapeutics Inc’s EPS estimate is -0.03.
How many shares outstanding does Heron Therapeutics Inc have?
Heron Therapeutics Inc has 189,279,370 shares outstanding.
What happened to Heron Therapeutics Inc’s price movement after its last earnings report?
Heron Therapeutics Inc reported an EPS of -$0.03 in its last earnings report, missing expectations of -$0.005. Following the earnings report the stock price went down -31.633%.
Which hedge fund is a major shareholder of Heron Therapeutics Inc?
Currently, no hedge funds are holding shares in HRTX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Heron Therapeutics Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
― (―)
― (―)
Blogger Sentiment
Neutral
HRTX Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 4.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.3%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-76.05%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
8.69%
Trailing 12-Months
Company Description
Heron Therapeutics Inc
Heron Therapeutics, Inc. is a biotechnology firm dedicated to creating innovative therapies for critical patient requirements. The company leverages its proprietary Biochronomer drug delivery platform, an advanced system that enables the controlled release of various short-acting pharmacological agents. This technology ensures therapeutic concentrations are maintained for periods ranging from days to weeks following just a single administration. Among its commercialized products is SUSTOL (granisetron), an extended-release injectable designed to prevent both immediate and delayed nausea and vomiting triggered by moderately emetogenic chemotherapy, or specific anthracycline and cyclophosphamide combination therapies. Additionally, Heron markets CINVANTI, an intravenous formulation of aprepitant. CINVANTI, which acts as a substance P/neurokinin-1 receptor antagonist, is indicated for the prevention of acute and delayed chemotherapy-induced nausea and vomiting in patients undergoing highly or moderately emetogenic cancer chemotherapy. The company's development pipeline includes ZYNRELEF, an innovative dual-acting local anesthetic that combines bupivacaine, a local anesthetic, with a low dose of the nonsteroidal anti-inflammatory drug (NSAID) meloxicam in a single fixed-dose formulation. Also in development is HTX-019, an experimental therapy aimed at preventing postoperative nausea and vomiting (PONV). Furthermore, HTX-034 is being advanced for postoperative pain management and is currently undergoing Phase Ib/II clinical trials, notably in patients recovering from bunionectomy procedures. Originally established in 1983 as A.P. Pharma, Inc., the company adopted its current name, Heron Therapeutics, Inc., in January 2014. Its corporate headquarters are situated in San Diego, California.
HRTX Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Negative
The call showed meaningful commercial strengths — notably strong year-over-year growth in the acute care franchise, particularly APONVIE and ZYNRELEF, improved adjusted EBITDA, and proactive balance sheet and legal actions. However, the June court decision creating potential generic competition for CINVANTI (the company's largest product), the subsequent withdrawal of full-year guidance, reduced pro forma cash after required principal payments, an increased GAAP net loss, and a pause in sales force expansion introduce significant near-term uncertainty. Overall, positive operating pockets are overshadowed by material legal, cash and guidance risks.View all HRTX earnings summariesHRTX Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Oncolytics Biotech
―
―
Cardiff Oncology
―
Black Diamond Therapeutics
―
ADC Therapeutics
―
Gain Therapeutics
―
Ownership Overview
21.53% Insiders
7.96% Mutual Funds
3.33% Other Institutional Investors
58.19% Public Companies and
Individual Investors









