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Heron Therapeutics Inc (HRTX)
NASDAQ:HRTX
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Heron Therapeutics (HRTX) Price & Analysis

1,662 Followers

HRTX Stock Chart & Stats

$0.46
>-$0.01(-0.70%)
At close: 4:00 PM EDT
$0.46
>-$0.01(-0.70%)

Bulls Say, Bears Say

Bulls Say
ZYNRELEF Commercial TractionSustained, program-driven uptake of ZYNRELEF shows durable product adoption in surgical settings. Large targeted-account expansion and repeatable distributor incentives (IGNITE) indicate scalable commercial playbook and growing procedure penetration that should support multi-quarter revenue durability independent of short-term macro noise.
APONVIE Access & Guideline EndorsementPermanent J-code, broad P&T adoption and A1 guideline endorsement create durable reimbursement and formulary access. These structural levers reduce barriers to routine perioperative use, supporting persistent procedural demand and predictable uptake across hospitals and health systems over many quarters.
High Gross Margins & TurnaroundMaterial margin improvement reflects portfolio mix and pricing discipline, creating structural profitability leverage as sales scale. Higher gross margins mean incremental revenue contributes strongly to operating cash flow potential, shortening the path to sustained positive EBITDA if commercial trends persist.
Bears Say
Severe LeverageExtremely thin equity relative to debt materially limits financial flexibility and raises refinancing and covenant risk. High leverage increases vulnerability to adverse shocks, constrains ability to fund commercial initiatives internally, and makes external capital or dilutive measures likelier over the medium term.
Negative Cash GenerationOngoing negative operating and free cash flow means the business remains dependent on external financing to fund growth and operations. This persistent cash burn elevates dilution or debt financing risk and can force prioritization of near-term liquidity over longer-term commercial investments.
Patent/Legal Risk To CINVANTIInvalidated patent claims create a structural risk of generic entry that could erode CINVANTI revenues and margins, undermining a core cash-generating franchise. Appeal outcomes are uncertain and prolonged, leaving multi-quarter downside to oncology franchise economics and longer-term revenue visibility.

Heron Therapeutics News

HRTX FAQ

What was Heron Therapeutics Inc’s price range in the past 12 months?
Heron Therapeutics Inc lowest stock price was $0.38 and its highest was $1.88 in the past 12 months.
    What is Heron Therapeutics Inc’s market cap?
    Heron Therapeutics Inc’s market cap is $93.92M.
      When is Heron Therapeutics Inc’s upcoming earnings report date?
      Heron Therapeutics Inc’s upcoming earnings report date is Aug 10, 2026 which is in 5 days.
        How were Heron Therapeutics Inc’s earnings last quarter?
        Heron Therapeutics Inc released its earnings results on May 11, 2026. The company reported -$0.04 earnings per share for the quarter, missing the consensus estimate of -$0.023 by -$0.017.
          Is Heron Therapeutics Inc overvalued?
          According to Wall Street analysts Heron Therapeutics Inc’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            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 >-0.01.
              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 -$0.04 in its last earnings report, missing expectations of -$0.023. Following the earnings report the stock price went down -21.074%.
                  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

                    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.

                    Heron Therapeutics (HRTX) Earnings & Revenues

                    HRTX Company Deck

                    HRTX Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call struck an overall positive tone: despite a weather-driven Q1 setback and temporary margin/EBITDA pressure, commercial momentum is clear across key products (ZYNRELEF, APONVIE, CINVANTI) with strong YoY demand growth, successful distributor incentive programs (IGNITE), clinical guideline endorsement for APONVIE, planned sales force expansions, and maintained full-year guidance. Management attributes most weaknesses to external, temporary factors and provided timelines for margin normalization and recovery, supporting confidence in achieving 2026 objectives.View all HRTX earnings summaries

                    HRTX Stock 12 Month Forecast

                    Average Price Target

                    $2.00
                    ▲(334.78% Upside)
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                    Ownership Overview

                    21.51%7.96%0.43%61.38%
                    21.51% Insiders
                    0.43% Other Institutional Investors
                    61.38% Public Companies and
                    Individual Investors
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