NASDAQ:SPPI - Spectrum Pharmaceuticals Stock Price, Forecast & News

Spectrum Pharmaceuticals trades on the NASDAQ under the ticker symbol "SPPI."

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) posted its earnings results on Thursday, November, 7th. The biotechnology company reported ($0.23) earnings per share for the quarter, topping analysts' consensus estimates of ($0.31) by $0.08. During the same period last year, the business earned ($0.24) EPS. View Spectrum Pharmaceuticals' Earnings History.

Spectrum Pharmaceuticals is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Spectrum Pharmaceuticals.

5 Wall Street analysts have issued 12 month price targets for Spectrum Pharmaceuticals' shares. Their forecasts range from $4.00 to $21.00. On average, they anticipate Spectrum Pharmaceuticals' share price to reach $13.20 in the next twelve months. This suggests a possible upside of 359.9% from the stock's current price. View Analyst Price Targets for Spectrum Pharmaceuticals.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectrum Pharmaceuticals in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spectrum Pharmaceuticals.

News articles about SPPI stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Spectrum Pharmaceuticals earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave news coverage about the biotechnology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Spectrum Pharmaceuticals.

Spectrum Pharmaceuticals saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 13,050,000 shares, an increase of 13.9% from the January 15th total of 11,460,000 shares. Based on an average daily volume of 2,311,200 shares, the short-interest ratio is presently 5.6 days. Currently, 13.3% of the shares of the company are short sold. View Spectrum Pharmaceuticals' Current Options Chain.

Some companies that are related to Spectrum Pharmaceuticals include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Biogen (BIIB), Regeneron Pharmaceuticals (REGN), Alexion Pharmaceuticals (ALXN), Seattle Genetics (SGEN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), Neurocrine Biosciences (NBIX), Ionis Pharmaceuticals (IONS) and Exelixis (EXEL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Spectrum Pharmaceuticals investors own include Inovio Pharmaceuticals (INO), Exelixis (EXEL), Opko Health (OPK), Progenics Pharmaceuticals (PGNX), Zynerba Pharmaceuticals (ZYNE), TG Therapeutics (TGTX), Verastem (VSTM), Amicus Therapeutics (FOLD), Novavax (NVAX) and Bausch Health Companies (BHC).

Spectrum Pharmaceuticals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.29%), Renaissance Technologies LLC (2.48%), FMR LLC (1.23%), Bank of New York Mellon Corp (1.12%), ArrowMark Colorado Holdings LLC (0.95%) and Candriam Luxembourg S.C.A. (0.88%). Company insiders that own Spectrum Pharmaceuticals stock include Anthony E Maida III, Dolatrai Vyas, Francois Lebel, Gilles Gagnon, Joseph W Turgeon, Keith M Mcgahan, Kurt A Gustafson, Rajesh C Md Shrotriya, Stuart Mitchell Krassner, Thomas J Riga and William Ashton. View Institutional Ownership Trends for Spectrum Pharmaceuticals.

SPPI stock was sold by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, FMR LLC, Sargent Investment Group LLC, Sargent Investment Group LLC, Panagora Asset Management Inc., Citigroup Inc., UBS Group AG and Arizona State Retirement System. Company insiders that have sold Spectrum Pharmaceuticals company stock in the last year include Anthony E Maida III, Francois Lebel, Joseph W Turgeon, Keith M Mcgahan, Kurt A Gustafson, Stuart Mitchell Krassner, Thomas J Riga and William Ashton. View Insider Buying and Selling for Spectrum Pharmaceuticals.

SPPI stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Jacobs Levy Equity Management Inc., Goldman Sachs Group Inc., Alpine Global Management LLC, Great West Life Assurance Co. Can, Bank of New York Mellon Corp, Teza Capital Management LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Spectrum Pharmaceuticals.

Shares of SPPI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SPPI stock can currently be purchased for approximately $2.87.

Spectrum Pharmaceuticals has a market capitalization of $324.23 million and generates $109.33 million in revenue each year. The biotechnology company earns $-120,010,000.00 in net income (profit) each year or ($1.01) on an earnings per share basis. Spectrum Pharmaceuticals employs 235 workers across the globe.View Additional Information About Spectrum Pharmaceuticals.

The official website for Spectrum Pharmaceuticals is http://www.sppirx.com/.

Spectrum Pharmaceuticals' mailing address is 11500 SOUTH EASTERN AVENUE SUITE 240, HENDERSON NV, 89052. The biotechnology company can be reached via phone at 702-835-6300 or via email at [email protected]