Avadel Pharmaceuticals - AVDL Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Avadel Pharmaceuticals in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AVDL shares.
View AVDL analyst ratings or view top-rated stocks.

6 brokers have issued twelve-month price targets for Avadel Pharmaceuticals' stock. Their AVDL share price forecasts range from $5.00 to $13.00. On average, they expect the company's share price to reach $10.71 in the next year. This suggests a possible upside of 45.2% from the stock's current price.
View analysts price targets for AVDL or view top-rated stocks among Wall Street analysts.

Avadel Pharmaceuticals' stock was trading at $7.16 at the start of the year. Since then, AVDL stock has increased by 3.1% and is now trading at $7.38.
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Avadel Pharmaceuticals saw a drop in short interest in January. As of January 15th, there was short interest totaling 3,340,000 shares, a drop of 17.5% from the December 31st total of 4,050,000 shares. Based on an average trading volume of 614,300 shares, the days-to-cover ratio is currently 5.4 days. Currently, 5.9% of the company's stock are sold short.
View Avadel Pharmaceuticals' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our AVDL earnings forecast.

Avadel Pharmaceuticals plc (NASDAQ:AVDL) issued its quarterly earnings data on Wednesday, November, 9th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.22) by $0.11.

Based on aggregate information from My MarketBeat watchlists, some companies that other Avadel Pharmaceuticals investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Ciena (CIEN), AMC Entertainment (AMC), Chaarat Gold (CGH), Associated British Foods (ABF), Apollo Global Management (APO), Amarin (AMRN) and Cypress Semiconductor (CY).

Avadel Pharmaceuticals trades on the NASDAQ under the ticker symbol "AVDL."

Avadel Pharmaceuticals' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Edge Wealth Management LLC (0.28%) and Aaron Wealth Advisors LLC (0.02%). Insiders that own company stock include Eric J Ende, Gregory J Divis, Linda Palczuk, Mark Anthony Mccamish and Thomas S Mchugh.
View institutional ownership trends.

Shares of AVDL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AVDL stock can currently be purchased for approximately $7.38.

Avadel Pharmaceuticals (NASDAQ:AVDL) has a market capitalization of $455.94 million and generates $22.33 million in revenue each year. The company earns $-77,330,000.00 in net income (profit) each year or ($2.23) on an earnings per share basis.

Avadel Pharmaceuticals' mailing address is 10 EARLSFORT TERRACE, DUBLIN L2, D02. The official website for the company is www.avadel.com. The company can be reached via phone at (531) 485-1200, via email at investors@avadel.com, or via fax at 353-1526-1077.