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NBIX

Neurocrine Biosciencesdistress 0/10 · well-funded / low risk
$170.63-1%today-5% from 52w high
neurocrine.com2,000 employeesFounded 1992San Diego, CADrug Manufacturers - Specialty & Generic
Neurology 1Psychiatry / CNS 1
Lead: Schizophrenia · est. market ~$8B (approx, global)
Revenue
$815M
Liquidity
$936M
Runway
Shares 1y
+1%

Price & events

+24.2% over 6M
$123$152$181Jan 26Apr 26Jul 264.2Mfinancing: 8-K material_agreement (2026-05-18)financing: 8-K material_agreement (2026-04-06)rating: Guggenheim: Buy (2026-07-21)rating: Wells Fargo: Overweight (2026-07-17)rating: BMO Capital: Market Perform (2026-07-13)rating: Truist Securities: Buy (2026-07-13)rating: RBC Capital: Outperform (2026-07-07)rating: RBC Capital: Outperform (2026-05-29)rating: Bernstein: Outperform (2026-05-22)rating: JP Morgan: Overweight (2026-05-08)
CatalystRating changeDilutionFinancingdashed = today
-1.2%
1D
-0.5%
1W
+5.7%
1M
+31.1%
3M
+25.3%
6M
+27.7%
1Y
+17.3%
2Y
+73.2%
5Y
+78.0%
All

Overview

Market Cap
$17.16B
Volume
37.96K
52 Week Range
$123 – $181
Total Shares
100.55M
Float Shares
99.30M
Short %
7.17%
% Held by Insiders
1.08%
% Held by Institutions
104.07%
RVOL
0.03x
Beta
0.39

Pipeline stages · 3 programs

NBI-1117568
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2027-02
Crinecerfont
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-03
Valbenazine
Preclin
Ph1
Ph2
Ph3
Filed
PDUFA
Approved
next 2028-04

Pipeline · 17 trials · 15 upcoming

ReadoutPhaseDrugIndicationEnrollStatus
2027-02
Estimated 50%
readout ~2027-03-18
Phase 2NBI-1065890Tardive Dyskinesiarecruiting
2027-07
Estimated 50%
readout ~2027-09-14
Phase 3NBI-1065845Major Depressive Disorderrecruiting
2027-07
Estimated 50%
readout ~2027-09-14
Phase 3NBI-1065845Major Depressive Disorderrecruiting
2027-07
Estimated 50%
readout ~2027-09-14
Phase 3NBI-1065845Major Depressive Disorderrecruiting
2027-08
Estimated 50%
readout ~2027-09-15
Phase 2NBI-1117570Schizophreniarecruiting
Show all 17 trials · 12 more ▾
ReadoutPhaseDrugIndicationEnrollStatus
2027-10
Estimated 50%
readout ~2027-12-15
Phase 3NBI-1117568Schizophreniarecruiting
2027-11
Estimated 50%
readout ~2028-01-15
Phase 3NBI-1117568Schizophreniarecruiting
2028-02
Estimated 50%
readout ~2028-03-17
Phase 2NBI-1117568Bipolar I Disorder, Maniarecruiting
2028-03
Estimated 50%
readout ~2028-04-15
Phase 2CrinecerfontCongenital Adrenal Hyperplasianot yet recruiting
2028-04
Estimated 50%
readout ~2028-06-15
Phase 3ValbenazineChorea, Huntingtonenrolling by invitation
2028-07
Estimated 50%
readout ~2028-09-14
Phase 3NBI-1065845Major Depressive Disorderrecruiting
2029-05
Estimated 50%
readout ~2029-07-15
Phase 3NBI-1065845Major Depressive Disorderrecruiting
2029-07
Estimated 50%
readout ~2029-09-14
Phase 3NBI-1117568Schizophreniarecruiting
2029-09-06
Estimated 50%
readout ~2029-10-21
Phase 2CrinecerfontCongenital Adrenal Hyperplasiaactive not recruiting
2031-12
Estimated 50%
readout ~2032-02-14
Phase 3NBI-1117568Schizophreniarecruiting
2025-11-12
Phase 2NBI-921352SCN8A Developmental and Epileptic Encephalopathy Syndrome8terminated
2025-02-04
Phase 3Placebo, ValbenazineSchizophrenia442completed

Catalyst news & presentations · 3

Approved drugs (4)

  • CRENESSITYCRINECERFONT2024 · Prescription
  • CRENESSITYCRINECERFONT2024 · Prescription
  • INGREZZA SPRINKLEVALBENAZINE TOSYLATE2024 · Prescription
  • INGREZZAVALBENAZINE TOSYLATE2017 · Prescription

Capital structure — dilution & financing

Shares out: 100,549,983 · 0 offerings/1y · 0 PIPEs
  • 2026-05-188-Kmaterial_agreement
  • 2026-04-068-Kmaterial_agreement
  • 2025-01-278-Kmaterial_agreement
  • 2024-10-17SC 13Gstrategic_stake
🔒 Positioning — Pro
Short interest / days-to-cover, insider buys & sells.
Upgrade to Pro
🔒 Top holders — Pro
Institutional ownership + quarter-over-quarter accumulation/trimming.
Upgrade to Pro

Wall St ratings

strong buy · target $200 (+17% upside) · 28 analysts
  • 2026-07-21GuggenheimBuy
  • 2026-07-17Wells FargoOverweight
  • 2026-07-13BMO CapitalMarket Perform
  • 2026-07-13Truist SecuritiesBuy
  • 2026-07-07RBC CapitalOutperform
  • 2026-05-29RBC CapitalOutperform

Competitors — Schizophrenia

  • ALKSAlkermes plc.$8.7B · D0
  • MPLTMapLight Therapeutics, Inc.$1.5B · D2
  • LBRXLB PHARMACEUTICALS INC$1.0B · D2
  • ANROAlto Neuroscience, Inc.$937M · D3
  • NMRANeumora Therapeutics, Inc.$281M · D5
  • CELG-RIBRISTOL MYERS SQUIBB CO$241M · D2
  • AVXLANAVEX LIFE SCIENCES CORP.$236M · D1
  • NERVMinerva Neurosciences, Inc.$207M · D6
  • BTAIBioXcel Therapeutics, Inc.$27M · D10
  • RVPHREVIVA PHARMACEUTICALS HOLDINGS, INC.$7M · D4

Not financial advice. Data: ClinicalTrials.gov, SEC EDGAR, FINRA, Nasdaq, Yahoo.