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Eton Pharmaceuticals, Inc.NasdaqGM:ETON Stock Report

Market Cap US$1.7b
Share Price
n/a
1Y259.6%
7D34.8%
1D44.3%
Portfolio Value
View

Eton Pharmaceuticals, Inc.

NasdaqGM:ETON Stock Report

Market Cap: US$1.7b

ETON Community Fair Values

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Eton Pharmaceuticals, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Eton Pharmaceuticals
Historical stock prices
Current Share PriceUS$58.86
52 Week HighUS$59.79
52 Week LowUS$14.27
Beta0.87
1 Month Change39.08%
3 Month Change78.96%
1 Year Change259.56%
3 Year Change1,210.91%
5 Year Change1,123.70%
Change since IPO841.76%

Recent News & Updates

Seeking Alpha Aug 14

Eton Pharmaceuticals: No Reason Pharma Can't Deliver More Great Earnings Like These

Summary Eton Pharmaceuticals, Inc. delivered record Q2 2026 results, with product sales up 99% and full-year revenue guidance raised to over $145 million. ETON targets over $500 million in peak annual sales by leveraging organic growth, pipeline development, and strategic acquisitions in rare disease markets. Management expects adjusted EBITDA margins to exceed 35% in 2026, aiming for 50% by 2028, with gross margins rising from 70% to over 75%. I rate ETON stock a Buy, supported by robust execution, scalable commercial strategy, and a 2-3 year target valuation above $2.5 billion despite current premium multiples. Read the full article on Seeking Alpha
Narrative Update Aug 12

ETON: Ultra Rare Focus And New Guidance Will Drive Future Upside

Analysts have raised the fair value estimate for Eton Pharmaceuticals from $40 to $60. This change reflects updated models that factor in higher long term revenue assumptions for key products and recent price target increases across several research firms.

Recent updates

Seeking Alpha Aug 14

Eton Pharmaceuticals: No Reason Pharma Can't Deliver More Great Earnings Like These

Summary Eton Pharmaceuticals, Inc. delivered record Q2 2026 results, with product sales up 99% and full-year revenue guidance raised to over $145 million. ETON targets over $500 million in peak annual sales by leveraging organic growth, pipeline development, and strategic acquisitions in rare disease markets. Management expects adjusted EBITDA margins to exceed 35% in 2026, aiming for 50% by 2028, with gross margins rising from 70% to over 75%. I rate ETON stock a Buy, supported by robust execution, scalable commercial strategy, and a 2-3 year target valuation above $2.5 billion despite current premium multiples. Read the full article on Seeking Alpha
Narrative Update Aug 12

ETON: Ultra Rare Focus And New Guidance Will Drive Future Upside

Analysts have raised the fair value estimate for Eton Pharmaceuticals from $40 to $60. This change reflects updated models that factor in higher long term revenue assumptions for key products and recent price target increases across several research firms.
Narrative Update Jul 28

ETON: Ultra Rare Disease Focus Will Drive Long Term Upside Potential

Analysts lifted the fair value estimate for Eton Pharmaceuticals to $62 from $57, reflecting updated price targets in the $60 to $62 range that factor in new product contributions, higher long term revenue assumptions for existing therapies, and more constructive views on its ultra rare disease portfolio. Analyst Commentary Recent Street research on Eton Pharmaceuticals points to a more constructive tone around the stock, with bullish analysts lifting price targets into the US$60 to US$62 range.
Narrative Update Jul 13

ETON: New Guidance And Drug Agreement Will Shape A Balanced Outlook

The analyst price target for Eton Pharmaceuticals has been raised from $52 to $57, with analysts citing updated fiscal 2026 revenue guidance and confidence in the company's growth strategy as key reasons for the change. What’s in the News for Eton Pharmaceuticals Opaleye Management Inc., a 10% owner of Eton Pharmaceuticals, sold about 126,685 shares for roughly US$4.77 million between July 2 and July 7, 2026, at weighted average prices near US$37 to US$38 per share, while retaining around 2.7 million shares (source: recent SEC filings summarized in news reports).
Narrative Update Jun 29

ETON: Orphan Therapy Portfolio Expansion Will Reshape Earnings Profile Through 2026

Eton Pharmaceuticals' analyst price targets have moved higher, with fair value estimates rising from about $39.33 to $45.67, as analysts point to updated revenue guidance and increased confidence in the company’s longer term growth plans. What’s in the News for Eton Pharmaceuticals Eton Pharmaceuticals was added to the S&P Pharmaceuticals Select Industry Index, reflecting its inclusion in a broader sector benchmark.
Narrative Update Jun 15

ETON: Higher 2026 Revenue Outlook Will Support Long Term Upside Potential

Analysts have raised their price target on Eton Pharmaceuticals to $57 from $52, citing the company's updated fiscal 2026 revenue guidance and their view that its long term growth goals remain achievable. Analyst Commentary Bullish analysts are pointing to Eton Pharmaceuticals' updated fiscal 2026 revenue guidance as a key support for their higher valuation frameworks.
Narrative Update Jun 01

ETON: Higher 2026 Guidance And New Rare Disease Assets Will Drive Upside

Analysts have lifted their fair value estimate for Eton Pharmaceuticals to $57 from $35, citing higher fiscal 2026 revenue guidance, stronger profitability assumptions, and confidence in the company’s growth strategy as key reasons for the revised valuation. Analyst Commentary Recent research updates show a clear cluster of bullish analysts raising their fair value assumptions on Eton Pharmaceuticals, with several target bumps tied directly to the company’s latest revenue outlook and portfolio moves.
Narrative Update May 03

ETON: Single New Acquisition Will Reshape Earnings Profile Through 2026 And Beyond

Analysts have lifted their price targets on Eton Pharmaceuticals by up to $15, citing updated assumptions for revenue growth, profit margins, and future P/E that reflect the recent Hemangeol acquisition and its potential contribution to the business. Analyst Commentary Recent research updates around Eton Pharmaceuticals focus heavily on the Hemangeol acquisition and how it might reshape the company’s growth mix, earnings profile, and valuation assumptions.
Narrative Update Apr 18

ETON: Hemangioma Acquisition Will Reshape Earnings Profile Through 2026 And Beyond

Narrative Update on Eton Pharmaceuticals Analysts have raised their price targets on Eton Pharmaceuticals by up to $15, citing the Hemangeol acquisition, its existing FDA approval for infantile hemangioma, and the view that the deal could be accretive with commercialization planned to begin in May. Analyst Commentary Bullish analysts are generally positive on Eton Pharmaceuticals following the acquisition of the U.S. rights to Hemangeol, and several have raised their price targets in response.
Narrative Update Apr 04

ETON: Hemangioma Franchise Expansion Will Reshape Earnings Profile Through 2026

Analysts have raised the consolidated price target for Eton Pharmaceuticals from $30.00 to about $39.33, citing recent target increases from multiple firms and updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Recent Street research around Eton Pharmaceuticals focuses heavily on the updated price targets, the Hemangeol acquisition, and how realistic current modeling assumptions appear against execution risks.
Narrative Update Mar 21

ETON: Upcoming Product Launches And New Guidance Will Reshape Earnings Profile

Analysts have raised the Eton Pharmaceuticals price target from $26 to $31, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E that reflect their latest views on the company following recent research updates. Analyst Commentary Recent research updates highlight a mix of optimism about Eton Pharmaceuticals' growth opportunities and caution around how quickly those opportunities might translate into earnings and justify higher valuation multiples.
Analysis Article Nov 14

Eton Pharmaceuticals, Inc.'s (NASDAQ:ETON) Share Price Matching Investor Opinion

With a price-to-sales (or "P/S") ratio of 6.4x Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) may be sending very bearish...
Analysis Article Sep 24

Here's Why Eton Pharmaceuticals (NASDAQ:ETON) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 17

Eton Pharmaceuticals, Inc.'s (NASDAQ:ETON) 25% Cheaper Price Remains In Tune With Revenues

Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) shares have had a horrible month, losing 25% after a relatively good period...
User avatar
New Narrative May 16

Increlex And Galzin Acquisitions Will Broaden Treatment Options

Strategic acquisitions and product launches are expected to drive significant revenue growth and expand market reach in pediatrics and rare diseases.
Analysis Article May 16

Results: Eton Pharmaceuticals, Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts

It's been a pretty great week for Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) shareholders, with its shares surging 14...
Analysis Article May 02

Investors Appear Satisfied With Eton Pharmaceuticals, Inc.'s (NASDAQ:ETON) Prospects As Shares Rocket 33%

Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) shareholders are no doubt pleased to see that the share price has bounced...
Analysis Article Feb 07

Eton Pharmaceuticals, Inc.'s (NASDAQ:ETON) 45% Jump Shows Its Popularity With Investors

Despite an already strong run, Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) shares have been powering on, with a gain of...
Analysis Article Nov 14

Investors Appear Satisfied With Eton Pharmaceuticals, Inc.'s (NASDAQ:ETON) Prospects As Shares Rocket 29%

Despite an already strong run, Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) shares have been powering on, with a gain of...
Analysis Article Oct 07

Is Eton Pharmaceuticals (NASDAQ:ETON) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 10

After Leaping 26% Eton Pharmaceuticals, Inc. (NASDAQ:ETON) Shares Are Not Flying Under The Radar

The Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) share price has done very well over the last month, posting an excellent...
Analysis Article Jan 09

Subdued Growth No Barrier To Eton Pharmaceuticals, Inc. (NASDAQ:ETON) With Shares Advancing 40%

Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) shares have had a really impressive month, gaining 40% after a shaky period...
Analysis Article Dec 13

The Consensus EPS Estimates For Eton Pharmaceuticals, Inc. (NASDAQ:ETON) Just Fell A Lot

Market forces rained on the parade of Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) shareholders today, when the covering...
Analysis Article Nov 16

Eton Pharmaceuticals' (NASDAQ:ETON) Earnings May Just Be The Starting Point

Eton Pharmaceuticals, Inc.'s ( NASDAQ:ETON ) earnings announcement last week was disappointing for investors, despite...
Analysis Article Sep 30

Here's Why Eton Pharmaceuticals (NASDAQ:ETON) Can Manage Its Debt Despite Losing Money

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 25

Not Many Are Piling Into Eton Pharmaceuticals, Inc. (NASDAQ:ETON) Stock Yet As It Plummets 26%

Eton Pharmaceuticals, Inc. ( NASDAQ:ETON ) shares have had a horrible month, losing 26% after a relatively good period...
Analysis Article Jun 29

Is Eton Pharmaceuticals (NASDAQ:ETON) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Dec 22

Is Eton Pharmaceuticals (NASDAQ:ETON) Using Debt In A Risky Way?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

ETONUS PharmaceuticalsUS Market
7D34.8%0.6%0.6%
1Y259.6%49.9%20.1%

Return vs Industry: ETON exceeded the US Pharmaceuticals industry which returned 49.9% over the past year.

Return vs Market: ETON exceeded the US Market which returned 20.1% over the past year.

Price Volatility

Is ETON's price volatile compared to industry and market?
ETON volatility
ETON Average Weekly Movement14.8%
Pharmaceuticals Industry Average Movement9.0%
Market Average Movement7.1%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.1%

Stable Share Price: ETON's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: ETON's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201744Sean Brynjelsenwww.etonpharma.com

Eton Pharmaceuticals, Inc., a pharmaceutical company, focuses on developing and commercializing treatments for rare diseases. Its commercial rare disease products include Increlex for the treatment of severe primary igf-1 deficiency; Alkindi Sprinkle for adrenal insufficiency; Khindivi for adrenocortical insufficiency; Galzin for Wilson disease; PKU Golike for phenylketonuria; Carglumic Acid for N-acetylglutamate synthase deficiency; Betaine Anhydrous for homocystinuria; and Nitisinone for tyrosinemia type 1. The company is also developing various product candidates, which are in late-stage development, including ET-600 for diabetes insipidus; Amglidia for neonatal diabetes mellitus; ET-700 for Wilson disease; ET-800 for adrenal insufficiency; and ZENEO hydrocortisone autoinjector for adrenal crisis.

Eton Pharmaceuticals, Inc. Fundamentals Summary

How do Eton Pharmaceuticals's earnings and revenue compare to its market cap?
ETON fundamental statistics
Market capUS$1.68b
Earnings (TTM)US$12.69m
Revenue (TTM)US$105.60m
132.6x
P/E Ratio
15.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ETON income statement (TTM)
RevenueUS$105.60m
Cost of RevenueUS$40.75m
Gross ProfitUS$64.85m
Other ExpensesUS$52.16m
EarningsUS$12.69m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin61.41%
Net Profit Margin12.02%
Debt/Equity Ratio59.9%

How did ETON perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/17 13:32
End of Day Share Price 2026/08/14 00:00
Earnings2026/06/30
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

Eton Pharmaceuticals, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Madison Wynne El-SaadiB. Riley Securities, Inc.
Mayank MamtaniB. Riley Securities, Inc.
Gary NachmanCanaccord Genuity