Longboard Pharmaceuticals, Inc.

NasdaqGM:LBPH Stock Report

Market Cap: US$2.3b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Longboard Pharmaceuticals Past Earnings Performance

Past criteria checks 0/6

Longboard Pharmaceuticals's earnings have been declining at an average annual rate of -33.5%, while the Pharmaceuticals industry saw earnings growing at 1.2% annually.

Key information

-33.47%

Earnings growth rate

13.09%

EPS growth rate

Pharmaceuticals Industry Growth5.95%
Revenue growth raten/a
Return on equity-27.74%
Net Marginn/a
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Seeking Alpha Oct 15

Longboard Pharma's Lucrative Exit To Lundbeck Another Coup For Management

Summary Longboard Pharmaceuticals is being acquired by Lundbeck for $60 per share, valuing the deal at $2.6 billion, driven by the potential of bexicaserin. Bexicaserin shows promising seizure reduction data, but faces competition and safety concerns; Lundbeck aims for a 2028 launch with peak sales potential of $1.5-$2 billion. Longboard's management, led by CEO Kevin Lind, has a strong track record in securing lucrative M&A deals, making them a team to watch. Investing in Longboard shares now holds little value post-agreement; future opportunities may arise from Lind's next ventures or new spinouts. Read the full article on Seeking Alpha
Seeking Alpha Aug 28

My Strategy For Longboard Pharmaceuticals After Its Big Run

Summary Longboard Pharma saw significant growth after the initial spike, with potential catalysts in the future. LBPH develops neurological medicines, with a strong pedigree from Arena Pharmaceuticals. Lead drug Bexicaserin has shown promising data, with upcoming catalysts and potential for sustained response. Read the full article on Seeking Alpha
Analysis Article Jul 12

We Think Longboard Pharmaceuticals (NASDAQ:LBPH) Can Afford To Drive Business Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Mar 16

Longboard Pharmaceuticals: After Stellar Gains, A Period Of Relative Calm Seems Likely

Summary Longboard Pharmaceuticals has seen a significant increase in its stock price following positive data from its Phase 1b/2a study of bexicaserin, a treatment for developmental and epileptic encephalopathies. The company plans to initiate a Phase 3 study of bexicaserin and hopes to release data from an open-label extension study later this year. Longboard's financials show increased R&D and G&A expenses, but with a potential approval for bexicaserin in play, the company's market cap has risen to over $725m. After a >300% gain in the stock price in recent months, I am not sure there are enough catalysts in play to support further upside in 2024, although the company's second lead candidate, the S1P modulator LP659, is worth keeping an eye on. Read the full article on Seeking Alpha
Analysis Article Oct 03

Will Longboard Pharmaceuticals (NASDAQ:LBPH) Spend Its Cash Wisely?

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Dec 25

We're Keeping An Eye On Longboard Pharmaceuticals' (NASDAQ:LBPH) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Sep 10

Companies Like Longboard Pharmaceuticals (NASDAQ:LBPH) Are In A Position To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article May 28

We're Hopeful That Longboard Pharmaceuticals (NASDAQ:LBPH) Will Use Its Cash Wisely

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 Feb 11

Longboard Pharmaceuticals (NASDAQ:LBPH) Is In A Good Position To Deliver On Growth Plans

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Oct 27

Here's Why We're Not At All Concerned With Longboard Pharmaceuticals' (NASDAQ:LBPH) Cash Burn Situation

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Jun 12

Longboard Pharmaceuticals (NASDAQ:LBPH) Is In A Strong Position To Grow Its Business

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

Revenue & Expenses Breakdown

How Longboard Pharmaceuticals makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:LBPH Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 240-762067
30 Jun 240-651756
31 Mar 240-581548
31 Dec 230-541344
30 Sep 230-511241
30 Jun 230-491240
31 Mar 230-461136
31 Dec 220-441035
30 Sep 220-411032
30 Jun 220-361027
31 Mar 220-32922
31 Dec 210-28820
30 Sep 210-29616
30 Jun 210-25513
31 Mar 210-2049

Quality Earnings: LBPH is currently unprofitable.

Growing Profit Margin: LBPH is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LBPH is unprofitable, and losses have increased over the past 5 years at a rate of 33.5% per year.

Accelerating Growth: Unable to compare LBPH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LBPH is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (54.6%).


Return on Equity

High ROE: LBPH has a negative Return on Equity (-27.74%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/02 17:06
End of Day Share Price 2024/11/29 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Longboard Pharmaceuticals, Inc. is covered by 2 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
Neena Bitritto-GargCitigroup Inc
Yatin SunejaGuggenheim Securities, LLC