Biohaven (BHVN) Stock Price, News & Analysis

Company Overview

Biohaven Ltd. (NYSE BHVN) is a clinical-stage biopharmaceutical company dedicated to developing and commercializing therapies for neurological and neurovascular diseases. Founded in 2013 as a spin-out from Yale University, Biohaven focuses on addressing high-unmet medical needs through innovative small-molecule and peptide-based platforms. The company is headquartered in New Haven, Connecticut, and maintains research activities across the United States, with collaborative ties in Europe and Asia via strategic partnerships.

The company’s most advanced program centers on calcitonin gene-related peptide (CGRP) receptor antagonists for the acute and preventive treatment of migraine. Its lead product, rimegepant—commercially marketed under the name NURTEC® ODT—has been approved for both acute migraine relief and migraine prevention in adults. Biohaven’s pipeline also includes atogepant, a once-daily oral CGRP receptor antagonist in late-stage development for migraine prevention, as well as earlier-stage candidates targeting N-methyl-D-aspartate (NMDA) receptors for chronic pain and other neurological disorders.

In addition to its internal programs, Biohaven has established global licensing agreements and co-development partnerships to expand the reach of its migraine therapies in key markets such as Europe, Canada and Asia. The company leverages a hybrid model of in-house development and external collaborations to accelerate clinical progress and broaden patient access.

Under the leadership of Founder and Chief Executive Officer Dr. Vlad Coric, Biohaven has built a multidisciplinary management team with deep experience in neuroscience drug development and commercial operations. Together, they aim to advance the company’s portfolio through late-stage clinical trials and regulatory submissions, with the goal of delivering novel treatments that improve patient outcomes in neurological and central nervous system disorders.

Key Stats

• Today's Range: $15.81 to $16.68
• 50-Day Range: $13.42 to $17.41
• 52-Week Range: $12.79 to $54.98
• Volume: 1.63 million shs
• Average Volume: 2.48 million shs
• Market Capitalization: $1.69 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $48.85
• Consensus Rating: Buy

Biohaven Stock Analysis - MarketRank™

Biohaven scored higher than 69% of companies evaluated by MarketBeat, and ranked 327th out of 941 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Biohaven has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Biohaven has a consensus price target of $48.85, representing about 205.3% upside from its current price of $16.00.

Amount of Analyst Coverage

Biohaven has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Biohaven are expected to grow in the coming year, from ($8.90) to ($6.28) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Biohaven is -2.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Biohaven is -2.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Biohaven has a P/B Ratio of 3.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

10.35% of the outstanding shares of Biohaven have been sold short.

Short Interest Ratio / Days to Cover

Biohaven has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Biohaven has recently decreased by 16.98%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Biohaven does not currently pay a dividend.

Dividend Growth

Biohaven does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.35% of the outstanding shares of Biohaven have been sold short.

Short Interest Ratio / Days to Cover

Biohaven has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Biohaven has recently decreased by 16.98%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.54

News Sentiment

Biohaven has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Biohaven this week, compared to 17 articles on an average week.

Search Interest

160 people have searched for BHVN on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.

MarketBeat Follows

6 people have added Biohaven to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Biohaven insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.00% of the stock of Biohaven is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

88.78% of the stock of Biohaven is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BHVN Stock Analysis - Frequently Asked Questions

How have BHVN shares performed this year?

Biohaven's stock was trading at $37.35 at the start of the year. Since then, BHVN stock has decreased by 57.2% and is now trading at $16.00.

How were Biohaven's earnings last quarter?

Biohaven Ltd. (NYSE:BHVN) released its quarterly earnings results on Monday, August, 11th. The company reported ($1.94) EPS for the quarter, meeting analysts' consensus estimates of ($1.94).

When did Biohaven IPO?

Biohaven (BHVN) raised $124 million in an IPO on Thursday, May 4th 2017. The company issued 8,300,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Piper Jaffray and Barclays Capital acted as the underwriters for the IPO and William Blair and Needham & Company were co-managers.

Who are Biohaven's major shareholders?

Top institutional shareholders of Biohaven include ARS Investment Partners LLC (1.04%), Exchange Traded Concepts LLC (0.04%), Inspire Investing LLC (0.03%) and Constitution Capital LLC (0.02%). Insiders that own company stock include John W Childs, Vlad Coric, Gregory Bailey, Matthew Buten and Irina Antonijevic.
View institutional ownership trends.

How do I buy shares of Biohaven?

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

What other stocks do shareholders of Biohaven own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Biohaven investors own include NVIDIA (NVDA), Humana (HUM), Invesco QQQ (QQQ), Meta Platforms (META), American Water Works (AWK), Broadcom (AVGO) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/11/2025
• Today: 10/17/2025
• Next Earnings (Estimated): 11/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: MED - BIOMED/GENE
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NYSE:BHVN
• Previous Symbol: NASDAQ:BHVN
• CIK: 1935979
• Web: www.biohavenpharma.com
• Phone: 203-404-0410
• Fax: N/A
• Employees: 239
• Year Founded: 2014

Price Target and Rating

• Average Price Target for Biohaven: $48.85
• High Price Target: $75.00
• Low Price Target: $21.00
• Potential Upside/Downside: +205.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): ($7.66)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$846.42 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -270.65%
• Return on Assets: -143.70%

Debt

• Debt-to-Equity Ratio: 1.91
• Current Ratio: 3.82
• Quick Ratio: 3.82

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.19 per share
• Price / Book: 3.82

Miscellaneous

• Outstanding Shares: 105,790,000
• Free Float: 88,864,000
• Market Cap: $1.69 billion
• Optionable: Optionable
• Beta: 1.03