Loading...
AUPH logo

Aurinia Pharmaceuticals Inc.NasdaqGM:AUPH Stock Report

Market Cap US$2.1b
Share Price
US$15.23
US$17
10.4% undervalued intrinsic discount
1Y86.7%
7D-1.6%
Portfolio Value
View

Aurinia Pharmaceuticals Inc.

NasdaqGM:AUPH Stock Report

Market Cap: US$2.1b

Aurinia Pharmaceuticals (AUPH) Stock Overview

A biopharmaceutical company, engages in delivering therapies to people living with autoimmune diseases with high unmet medical needs in the United States and Japan. More details

AUPH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

AUPH Community Fair Values

Create Narrative

See what 27 others think this stock is worth. Follow their fair value or set your own to get alerts.

Aurinia Pharmaceuticals Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Aurinia Pharmaceuticals
Historical stock prices
Current Share PriceUS$15.14
52 Week HighUS$16.88
52 Week LowUS$7.29
Beta1.45
1 Month Change-4.12%
3 Month Change4.85%
1 Year Change86.68%
3 Year Change37.89%
5 Year Change38.14%
Change since IPO638.54%

Recent News & Updates

Narrative Update May 05

AUPH: Sector Deal Benchmarks And 2026 Outlook Will Support Balanced Case

Analysts maintained their $17.00 price target for Aurinia Pharmaceuticals, citing updated model inputs and recent sector deal activity as supporting factors for their view of the stock’s current valuation. Analyst Commentary Bullish Takeaways Bullish analysts point to the Kezar Life Sciences takeover valuation as a helpful reference point, suggesting that recent transaction pricing in the sector supports the maintained US$17.00 target for Aurinia Pharmaceuticals.
Narrative Update Apr 20

AUPH: Future Returns Will Depend On Execution And Disciplined Takeover Multiples

Analysts have kept their fair value estimate for Aurinia Pharmaceuticals steady at $15.00. They cite updated modeling that slightly adjusts the discount rate, revenue growth outlook, profit margin assumptions, and forward P/E multiple in light of recent peer takeover valuations in the biotech space.
Narrative Update Apr 06

AUPH: Richer Future P/E Will Rely On Executing Post Takeover Hopes

Analysts have raised their price target on Aurinia Pharmaceuticals to $15.00 from $13.00, citing updated views on fair value, discount rate, revenue growth, profit margin, and future P/E, informed in part by recent takeover valuation discussions in the sector. Analyst Commentary Analysts highlighting the recent Kezar Life Sciences takeover discussion point out that the implied valuation framework is one reference point for Aurinia Pharmaceuticals, but not a firm roadmap.

Recent updates

Narrative Update May 05

AUPH: Sector Deal Benchmarks And 2026 Outlook Will Support Balanced Case

Analysts maintained their $17.00 price target for Aurinia Pharmaceuticals, citing updated model inputs and recent sector deal activity as supporting factors for their view of the stock’s current valuation. Analyst Commentary Bullish Takeaways Bullish analysts point to the Kezar Life Sciences takeover valuation as a helpful reference point, suggesting that recent transaction pricing in the sector supports the maintained US$17.00 target for Aurinia Pharmaceuticals.
Narrative Update Apr 20

AUPH: Future Returns Will Depend On Execution And Disciplined Takeover Multiples

Analysts have kept their fair value estimate for Aurinia Pharmaceuticals steady at $15.00. They cite updated modeling that slightly adjusts the discount rate, revenue growth outlook, profit margin assumptions, and forward P/E multiple in light of recent peer takeover valuations in the biotech space.
Narrative Update Apr 06

AUPH: Richer Future P/E Will Rely On Executing Post Takeover Hopes

Analysts have raised their price target on Aurinia Pharmaceuticals to $15.00 from $13.00, citing updated views on fair value, discount rate, revenue growth, profit margin, and future P/E, informed in part by recent takeover valuation discussions in the sector. Analyst Commentary Analysts highlighting the recent Kezar Life Sciences takeover discussion point out that the implied valuation framework is one reference point for Aurinia Pharmaceuticals, but not a firm roadmap.
Narrative Update Mar 23

AUPH: Stable 2026 Outlook And Buyback Progress Will Support Bullish Case

Analysts have kept their $17.00 price target for Aurinia Pharmaceuticals essentially unchanged, citing stable assumptions around the discount rate, revenue growth, profit margin, and future P/E as the basis for maintaining their view. What's in the News Aurinia issued earnings guidance for 2026, projecting total revenue in a range of $315 million to $325 million.
Narrative Update Mar 08

AUPH: Higher 2026 Outlook And Margin Assumptions Will Support Bullish Case

Analysts have nudged their fair value estimate for Aurinia Pharmaceuticals from $16.67 to $17.00, reflecting updated assumptions around a slightly lower revenue growth outlook, a modestly higher profit margin, a small adjustment to the discount rate, and a higher future P/E multiple. What's in the News Aurinia issued 2026 earnings guidance, with total revenue expected in a range of $315 million to $325 million, and net product sales projected between $305 million and $315 million, both framed relative to 2025 levels (Key Developments).
Narrative Update Feb 22

AUPH: Richer Future P/E Will Heighten Risk From Lower Profitability

Analysts have raised their fair value estimate for Aurinia Pharmaceuticals from $9.00 to $13.00 per share, citing updated assumptions that combine a higher projected revenue growth rate with a richer future P/E multiple and a lower expected profit margin profile. Valuation Changes Fair Value: increased from $9.00 to $13.00 per share, representing a sizeable uplift in the intrinsic value estimate.
Narrative Update Feb 08

AUPH: Refined Discount Rate And Margins Will Support More Constructive Outlook

Analysts have adjusted their price target for Aurinia Pharmaceuticals to US$16.67. The updated view reflects slightly higher discount rate and profit margin assumptions, along with a modest tweak to projected revenue growth and future P/E.
Narrative Update Jan 25

AUPH: Future Rerating Will Hinge On Aritinercept Development Clarity

Analysts have modestly increased their price target on Aurinia Pharmaceuticals to $15, up from $9, citing stronger than expected Lupkynis sales, improved operating leverage, and a desire for more clarity around aritinercept's development path before taking a more aggressive stance. Analyst Commentary Recent research reflects a more balanced stance on Aurinia Pharmaceuticals, even as the official price target is now set at $15, compared with the prior $9 level.
Narrative Update Jan 10

AUPH: Higher Fair Value View Will Hinge On Lupus Nephritis Franchise

Analysts have raised their price target on Aurinia Pharmaceuticals from $16.46 to $21.00, reflecting updated assumptions on growth, profitability, and future P/E. They also highlight Lupkynis performance and the recent shift to a Sector Perform rating as key context for the revised outlook.
Narrative Update Dec 17

AUPH: Legal Overhang And Pipeline Clarity Will Shape Balanced Near-Term Outlook

Analysts have nudged their fair value estimate for Aurinia Pharmaceuticals slightly higher to about $16.67 from $16.50, citing stronger than anticipated Lupkynis sales, improved operating leverage, and a more balanced risk reward profile that tempers the prior upside skew. Analyst Commentary Bullish Takeaways Bullish analysts highlight that Lupkynis sales have materially outperformed initial expectations, reinforcing confidence in the durability of the core nephrology franchise and supporting higher revenue run rate assumptions.
Seeking Alpha Dec 16

Aurinia Pharmaceuticals: Silencing Doubters, But Competition Looms

Summary Aurinia Pharmaceuticals Inc. reported another record quarter of Lupkynis net product sales in Q3 '25 of $70.6M. Roche's Gazyva approval introduces a credible competitor, with early physician enthusiasm but uncertain near-term impact on AUPH's market share. AUPH has responded to an FDA request for information on Lupkynis. The response includes new analyses showing a benefit of Lupkynis via metrics other than complete renal response rate. Read the full article on Seeking Alpha
Narrative Update Dec 03

AUPH: Legal Overhang And Pipeline Uncertainty Will Likely Define Near-Term Performance

Analysts have modestly increased their price target on Aurinia Pharmaceuticals to approximately $16.50 per share from around $15.00, citing stronger than expected Lupkynis sales, improved operating leverage, and a more balanced risk reward profile, while noting that some caution is still warranted until there is greater clarity on aritinercept's development path. Analyst Commentary Recent commentary reflects a more balanced stance on Aurinia Pharmaceuticals, with valuation catching up to improving fundamentals and leaving less room for multiple expansion without new catalysts.
Narrative Update Nov 19

AUPH: Risk And Opportunity Dynamics Will Likely Shape Performance Heading Into 2025

Narrative Update on Aurinia Pharmaceuticals Analysts have raised their price target for Aurinia Pharmaceuticals from $13 to $16.50 per share. They cite continued strong Lupkynis sales and improved operating leverage as key factors behind the increased valuation.
Analysis Article Nov 08

Improved Revenues Required Before Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) Stock's 27% Jump Looks Justified

Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) shareholders have had their patience rewarded with a 27% share price jump...
Narrative Update Nov 05

AUPH: Future Opportunities Will Depend On Pipeline Clarity And Risk Developments

Analysts have raised their fair value price target for Aurinia Pharmaceuticals from $11.71 to $13.00. They cite stronger-than-expected Lupkynis sales and improved profit margins as key factors supporting this upward revision.
Analysis Article May 19

Aurinia Pharmaceuticals' (NASDAQ:AUPH) Strong Earnings Are Of Good Quality

The subdued stock price reaction suggests that Aurinia Pharmaceuticals Inc.'s ( NASDAQ:AUPH ) strong earnings didn't...
Analysis Article May 15

Aurinia Pharmaceuticals Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) just released its latest quarterly results and things are looking bullish...
Analysis Article May 09

Aurinia Pharmaceuticals Inc.'s (NASDAQ:AUPH) CEO Will Probably Find It Hard To See A Huge Raise This Year

Key Insights Aurinia Pharmaceuticals to hold its Annual General Meeting on 15th of May CEO Peter Greenleaf's total...
User avatar
New Narrative Apr 28

Academic Medical Centers Will Expand Lupus Care Opportunities

Expansion into medical centers and new treatment guidelines may drive higher prescriber engagement and revenue for LUPKYNIS.
Seeking Alpha Apr 26

Aurinia Pharmaceuticals: Shareholder Pressure And Sales Growth

Summary AUPH has seen some management changes, but activist investors demand more despite steady Lupkynis sales growth. The first quarter was strong in terms of sales in 2023 and 2024, and upcoming Q1 '25 earnings represent an opportunity to confirm that trend. AUPH is also expected to report the first clinical data from AUR200 in Q2 '25, which might allow the opportunity for the company to one day grow beyond revenues from Lupkynis. Read the full article on Seeking Alpha
Analysis Article Apr 01

Little Excitement Around Aurinia Pharmaceuticals Inc.'s (NASDAQ:AUPH) Revenues

Aurinia Pharmaceuticals Inc.'s ( NASDAQ:AUPH ) price-to-sales (or "P/S") ratio of 4.7x might make it look like a buy...
Analysis Article Mar 02

Results: Aurinia Pharmaceuticals Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) last week reported its latest annual results, which makes it a good time...
Seeking Alpha Feb 21

Aurinia Pharmaceuticals: There's Still Time For Sales Growth

Summary AUPH's Lupkynis showed modest revenue growth from Q2'24 to Q3'24, but limited sales growth going from Q2 to Q3 has been seen previously. Full-year 2024 net product revenue guidance of $210M-$220M appears achievable, with $158.6M already reported and Q4 typically outperforming Q3. Potential competitors in lupus nephritis and even in systemic lupus erythematosus include Roche and Biogen. Read the full article on Seeking Alpha
Analysis Article Dec 11

Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) Held Back By Insufficient Growth Even After Shares Climb 25%

Despite an already strong run, Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) shares have been powering on, with a gain...
Seeking Alpha Nov 08

Aurinia Pharmaceuticals: A Potential Buyout Looms On The Horizon

Summary Today, we are following up on biopharma name Aurinia Pharmaceuticals Inc. The company just posted solid Q3 results this week and announced significant cost reduction measures. Aurinia is seeing impressive sales growth, has a pristine balance sheet and should become increasingly profitable in coming years. The actions the company is taking also look like Aurinia is preparing itself to be acquired, an event that has been rumored consistently in recent years. An updated analysis around Aurinia Pharmaceuticals follows in the paragraphs below. Read the full article on Seeking Alpha
Analysis Article Sep 06

Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) Surges 30% Yet Its Low P/S Is No Reason For Excitement

Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) shareholders have had their patience rewarded with a 30% share price jump...
Seeking Alpha Jul 05

Aurinia Pharmaceuticals Appears Undervalued

Summary Aurinia Pharmaceuticals stock has dropped more than 80% due to disappointing Lupkynis sales since its launch in 2021. Management is focusing solely on driving Lupkynis sales and cutting costs by laying off 25% of its sales force and discontinuing other programs. With positive cash flow expected soon, a $150 million share repurchase plan, and strong financials, Aurinia is undervalued and worth considering for investment. A full investment analysis around Aurinia Pharmaceuticals follows in the paragraphs below. Read the full article on Seeking Alpha
Analysis Article May 24

We're Interested To See How Aurinia Pharmaceuticals (NASDAQ:AUPH) Uses Its Cash Hoard To Grow

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article May 05

Analysts Have Made A Financial Statement On Aurinia Pharmaceuticals Inc.'s (NASDAQ:AUPH) First-Quarter Report

As you might know, Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) just kicked off its latest quarterly results with some...
Seeking Alpha May 02

Aurinia Pharma: A Welcome Change To The Thesis (Rating Upgrade)

Summary AUPH reports Q1'24 net product revenues of $48.1M, representing a 13.6% increase from the previous quarter. AUPH's pipeline member AUR200 has not been shelved and could enter phase 1 studies in 2024 whether in AUPH's hands, or externally if the drug is out-licensed. AUPH bought back 3.4M shares through April 30, at an average price of $5.37 per share. Read the full article on Seeking Alpha
Seeking Alpha Apr 18

Aurinia Pharmaceuticals: Potential For Significant Upside By Year-End 2024

Summary Aurinia Pharmaceuticals has the potential for up to 80-100% upside by the end of 2024. The company's focus on cost savings and a single product commercial biotech strategy is positive. The potential increase in US sales and from international markets paired with cost savings could make Aurinia cash flow positive by the end of the year. Future patent challenge to Lupkynis is likely, but defendable. Read the full article on Seeking Alpha
Seeking Alpha Mar 05

Aurinia Pharma: Cheaper Now, But Buyout Hopes Dashed

Summary AUPH's strategic review did not result in an acquisition of the company, nor the company acquiring an asset. AUPH has decided to buy back its own stock and focus on Lupkynis. The buyback could provide support for the stock near-term, although a return to strong sales growth would provide better support for the bull thesis. Read the full article on Seeking Alpha
Analysis Article Feb 19

Analysts Have Been Trimming Their Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) Price Target After Its Latest Report

There's been a major selloff in Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) shares in the week since it released its...
Analysis Article Feb 17

Aurinia Pharmaceuticals Inc.'s (NASDAQ:AUPH) 26% Dip In Price Shows Sentiment Is Matching Revenues

Unfortunately for some shareholders, the Aurinia Pharmaceuticals Inc. ( NASDAQ:AUPH ) share price has dived 26% in the...
Seeking Alpha Feb 15

Aurinia Pharmaceuticals 2023 Earnings Review: Calling 'Time' In Last Chance Saloon

Summary Aurinia Pharmaceuticals Inc. stock price dropped 25% after underwhelming Q4 and full-year 2023 results. Sales of Lupkynis, indicated for lupus nephritis and the company's only commercial product, have failed to meet expectations. Aurinia has initiated a strategic review, exploring alternatives including a potential sale, but has been unable to find a buyer. Lupkynis appears to be an effective drug, however, its patents may expire in 2025, allowing generic drugs to enter the market, undercut on price. In short, the outlook for Aurinia in 2025 does not look good. The company is guiding for $200m — $220m of Lupkynis revenues, but profits are elusive, and the company directionless, it seems. Read the full article on Seeking Alpha
Seeking Alpha Jan 28

Aurinia Pharmaceuticals: Sales Growth Would Help Buyout Potential

Summary Speculation about an AUPH buyout continues as the company continues to review strategic options. AUPH has had a few quarters of fairly flat net product revenues. AUPH is nonetheless guiding for net product revenues of $200M-$220M in 2024, compared to the preliminary 2023 net product revenue of $159M. Read the full article on Seeking Alpha
Analysis Article Jan 05

We're Interested To See How Aurinia Pharmaceuticals (NASDAQ:AUPH) Uses Its Cash Hoard To Grow

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Dec 18

Insufficient Growth At Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH) Hampers Share Price

Aurinia Pharmaceuticals Inc.'s ( NASDAQ:AUPH ) price-to-sales (or "P/S") ratio of 8.5x might make it look like a buy...

Shareholder Returns

AUPHUS BiotechsUS Market
7D-1.6%1.2%2.1%
1Y86.7%41.9%30.6%

Return vs Industry: AUPH exceeded the US Biotechs industry which returned 41.9% over the past year.

Return vs Market: AUPH exceeded the US Market which returned 31% over the past year.

Price Volatility

Is AUPH's price volatile compared to industry and market?
AUPH volatility
AUPH Average Weekly Movement5.3%
Biotechs Industry Average Movement10.6%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: AUPH has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AUPH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993128Kevin Tangwww.auriniapharma.com

Aurinia Pharmaceuticals Inc., a biopharmaceutical company, engages in delivering therapies to people living with autoimmune diseases with high unmet medical needs in the United States and Japan. The company offers LUPKYNIS (voclosporin), an oral therapy for the treatment of adult patients with active lupus nephritis. It also develops aritinercept, a dual inhibitor of B cell-activating factor and proliferation-inducing ligand for the potential treatment of autoimmune diseases.

Aurinia Pharmaceuticals Inc. Fundamentals Summary

How do Aurinia Pharmaceuticals's earnings and revenue compare to its market cap?
AUPH fundamental statistics
Market capUS$2.11b
Earnings (TTM)US$298.21m
Revenue (TTM)US$298.30m
6.6x
P/E Ratio
6.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AUPH income statement (TTM)
RevenueUS$298.30m
Cost of RevenueUS$63.10m
Gross ProfitUS$235.19m
Other Expenses-US$63.02m
EarningsUS$298.21m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.30
Gross Margin78.85%
Net Profit Margin99.97%
Debt/Equity Ratio0%

How did AUPH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 17:29
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aurinia Pharmaceuticals Inc. is covered by 18 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MartinBloom Burton & Co.
Dae Gon HaBTIG
John NewmanCanaccord Genuity