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Heron Therapeutics, Inc.NasdaqCM:HRTX Stock Report

Market Cap US$164.9m
Share Price
US$0.86
US$3
71.4% undervalued intrinsic discount
1Y-53.6%
7D1.0%
1D
Portfolio Value
View

Heron Therapeutics, Inc.

NasdaqCM:HRTX Stock Report

Market Cap: US$164.9m

Heron Therapeutics (HRTX) Stock Overview

A commercial-stage biotechnology company, engages in developing and commercializing therapeutic that enhances medical care. More details

HRTX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

HRTX Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Heron Therapeutics, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Heron Therapeutics
Historical stock prices
Current Share PriceUS$0.86
52 Week HighUS$2.30
52 Week LowUS$0.74
Beta1.71
1 Month Change-15.80%
3 Month Change-27.22%
1 Year Change-53.58%
3 Year Change-32.91%
5 Year Change-93.53%
Change since IPO-99.85%

Recent News & Updates

Narrative Update May 13

HRTX: Revised Profit Outlook And Discount Rate Could Support Future Upside

Analysts have reduced their price target on Heron Therapeutics by $2, citing updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E as the main factors behind the adjustment. Analyst Commentary Recent research points to a more cautious stance on valuation for Heron Therapeutics, with the latest $2 reduction in the price target linked to refreshed assumptions around fair value, discount rates, revenue growth, profit margins, and future P/E levels.

Recent updates

Narrative Update May 13

HRTX: Revised Profit Outlook And Discount Rate Could Support Future Upside

Analysts have reduced their price target on Heron Therapeutics by $2, citing updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E as the main factors behind the adjustment. Analyst Commentary Recent research points to a more cautious stance on valuation for Heron Therapeutics, with the latest $2 reduction in the price target linked to refreshed assumptions around fair value, discount rates, revenue growth, profit margins, and future P/E levels.
Seeking Alpha Feb 18

Heron: Near The Bottom Of A Trading Range Despite Positives

Summary HRTX has reported preliminary Q4'25 net revenues, with Zynrelef experiencing a breakout quarter. Aponvie sales are also still growing, with the acute care franchise being able to offset declines in the oncology care franchise. HRTX recently dealt with its 2026 convertible notes, although the company does now have debt maturing in 2030 and 2031. Read the full article on Seeking Alpha
Analysis Article Feb 12

Here's Why Heron Therapeutics (NASDAQ:HRTX) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 16

Heron Therapeutics, Inc. (NASDAQ:HRTX) Stock Catapults 27% Though Its Price And Business Still Lag The Industry

Heron Therapeutics, Inc. ( NASDAQ:HRTX ) shares have had a really impressive month, gaining 27% after a shaky period...
Analysis Article Nov 08

Heron Therapeutics, Inc. (NASDAQ:HRTX) Just Reported, And Analysts Assigned A US$4.50 Price Target

Heron Therapeutics, Inc. ( NASDAQ:HRTX ) missed earnings with its latest third-quarter results, disappointing...
Narrative Update Aug 15

Advanced Non-Opioid Therapies Will Transform The Pain Management Market

With both the discount rate and consensus revenue growth forecasts for Heron Therapeutics remaining stable, the consensus analyst price target has consequently held steady at $4.75 per share. What's in the News Reaffirmed Q1 2025 net revenue guidance of $153.0 million to $163.0 million.
Analysis Article May 09

Heron Therapeutics, Inc. Beat Analyst Profit Forecasts, And Analysts Have New Estimates

Shareholders might have noticed that Heron Therapeutics, Inc. ( NASDAQ:HRTX ) filed its quarterly result this time last...
User avatar
New Narrative Apr 29

ZYNRELEF Label Expansion And VAN Launch Will Broaden Medical Access

Expansion of ZYNRELEF labeling and VAN launch enhance market potential, operational efficiency, and revenue growth.
Analysis Article Apr 18

Lacklustre Performance Is Driving Heron Therapeutics, Inc.'s (NASDAQ:HRTX) 26% Price Drop

The Heron Therapeutics, Inc. ( NASDAQ:HRTX ) share price has softened a substantial 26% over the previous 30 days...
Seeking Alpha Mar 08

Heron Therapeutics: Four Horse Race Of Approved Therapies

Summary Heron Therapeutics' market cap has risen to ~$360 million, trading at ~$2.38, since my last "Hold" rating in November 2024. I will evaluate Heron's investment merits based on its full year and Q4 2024 earnings, reported on February 27, 2025. The analysis includes insights from Heron's earnings press release, conference call, 10-Q, and presentation. Heron has demonstrated a variety of successful outcomes, warranting a reassessment of its investment potential. Read the full article on Seeking Alpha
Analysis Article Mar 01

Heron Therapeutics, Inc.'s (NASDAQ:HRTX) Shares Bounce 48% But Its Business Still Trails The Industry

Despite an already strong run, Heron Therapeutics, Inc. ( NASDAQ:HRTX ) shares have been powering on, with a gain of...
Analysis Article Nov 13

Why Investors Shouldn't Be Surprised By Heron Therapeutics, Inc.'s (NASDAQ:HRTX) 30% Share Price Plunge

The Heron Therapeutics, Inc. ( NASDAQ:HRTX ) share price has fared very poorly over the last month, falling by a...
Analysis Article Nov 13

Investors Don't See Light At End Of Heron Therapeutics, Inc.'s (NASDAQ:HRTX) Tunnel And Push Stock Down 30%

Heron Therapeutics, Inc. ( NASDAQ:HRTX ) shareholders that were waiting for something to happen have been dealt a blow...
Analysis Article Aug 08

Investors Don't See Light At End Of Heron Therapeutics, Inc.'s (NASDAQ:HRTX) Tunnel And Push Stock Down 32%

Heron Therapeutics, Inc. ( NASDAQ:HRTX ) shareholders that were waiting for something to happen have been dealt a blow...
Analysis Article May 30

Heron Therapeutics, Inc.'s (NASDAQ:HRTX) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Heron Therapeutics, Inc. ( NASDAQ:HRTX ) shareholders would be excited to see that the share price has had a great...
Seeking Alpha Apr 16

Heron Therapeutics: Zynrelef Potentially Eases Shareholder Pain

Summary HRTX has received approval for its supplemental New Drug Application for Zynrelef, allowing its use in more surgical procedures. The company has partnered with Crosslink Life Sciences to promote Zynrelef, which could further drive sales growth. The availability of a vial access needle form of Zynrelef might not come until late 2024, but offers an additional milestone for Zynrelef's expansion. Read the full article on Seeking Alpha
Analysis Article Mar 15

Here's What Analysts Are Forecasting For Heron Therapeutics, Inc. (NASDAQ:HRTX) After Its Full-Year Results

Heron Therapeutics, Inc. ( NASDAQ:HRTX ) investors will be delighted, with the company turning in some strong numbers...
Analysis Article Feb 15

Heron Therapeutics, Inc. (NASDAQ:HRTX) Surges 27% Yet Its Low P/S Is No Reason For Excitement

Heron Therapeutics, Inc. ( NASDAQ:HRTX ) shares have continued their recent momentum with a 27% gain in the last month...
Analysis Article Dec 22

Heron Therapeutics, Inc. (NASDAQ:HRTX) Held Back By Insufficient Growth Even After Shares Climb 27%

Despite an already strong run, Heron Therapeutics, Inc. ( NASDAQ:HRTX ) shares have been powering on, with a gain of...

Shareholder Returns

HRTXUS BiotechsUS Market
7D1.0%-1.6%-0.8%
1Y-53.6%34.4%27.1%

Return vs Industry: HRTX underperformed the US Biotechs industry which returned 34.4% over the past year.

Return vs Market: HRTX underperformed the US Market which returned 27.1% over the past year.

Price Volatility

Is HRTX's price volatile compared to industry and market?
HRTX volatility
HRTX Average Weekly Movement12.0%
Biotechs Industry Average Movement11.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: HRTX's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1983128Craig Collardwww.herontx.com

Heron Therapeutics, Inc., a commercial-stage biotechnology company, engages in developing and commercializing therapeutic that enhances medical care. The company’s product candidates utilize its proprietary Biochronomer, a drug delivery technology, which delivers therapeutic levels of a range of short-acting pharmacological agents over a period from days to weeks with a single administration. It offers SUSTOL (granisetron), an extended-release injection for the prevention of acute and delayed nausea and vomiting associated with moderately emetogenic chemotherapy, or anthracycline and cyclophosphamide combination chemotherapy regimens; and CINVANTI, an intravenous formulation of aprepitant, a substance P/neurokinin-1 receptor antagonist for the prevention of acute and delayed nausea and vomiting associated with highly emetogenic cancer chemotherapy, as well as nausea and vomiting associated with moderately emetogenic cancer chemotherapy.

Heron Therapeutics, Inc. Fundamentals Summary

How do Heron Therapeutics's earnings and revenue compare to its market cap?
HRTX fundamental statistics
Market capUS$164.90m
Earnings (TTM)-US$30.94m
Revenue (TTM)US$150.71m
1.1x
P/S Ratio
-5.3x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HRTX income statement (TTM)
RevenueUS$150.71m
Cost of RevenueUS$56.06m
Gross ProfitUS$94.65m
Other ExpensesUS$125.59m
Earnings-US$30.94m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.16
Gross Margin62.80%
Net Profit Margin-20.53%
Debt/Equity Ratio1,550.1%

How did HRTX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 00:20
End of Day Share Price 2026/05/22 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

Heron Therapeutics, Inc. is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tazeen AhmadBofA Global Research
Liisa BaykoCitizens JMP Securities, LLC
Joshua SchimmerEvercore ISI