Travere Therapeutics, Inc. TVTX
- Market cap
- $5.7B
- P/E
- 0.0×
Follow TVTX
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11.60 | 15.55 | 20.09 | 10.87 | 8.98 | 12.75 | 17.97 | 5.25 | 5.12 | 12.91 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 24.57 | 26.44 | 33.00 | 24.69 | 28.19 | 33.09 | 31.51 | 23.18 | 20.33 | 42.13 |
High Price
|
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| 135 | 173 | 214 | 221 | 262 | 310 | 462 | 380 | 385 | 497 |
Employees
|
|||
| 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 |
Revenue/Emp
|
|||
| 134 | 155 | 164 | 175 | 198 | 132 | 109 | 145 | 233 | 491 |
Revenue
|
|||
| 96.59% | 97.67% | 96.63% | 97.01% | 96.91% | 97.10% | 95.96% | 92.12% | 96.68% | 97.89% |
Gross Margin
|
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| (58) | (58) | (102) | (146) | (189) | (217) | (331) | (376) | (321) | (49) |
EBT
|
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| (43.10%) | (37.67%) | (62.02%) | (83.52%) | (95.19%) | (164.51%) | (302.54%) | (258.96%) | (137.45%) | (10.04%) |
EBT Margin
|
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| (48) | (60) | (103) | (146) | (169) | (180) | (278) | (111) | (322) | (26) |
Net Income
|
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| 18 | 20 | 22 | 55 | 35 | 26 | 22 | 33 | 41 | 58 |
Depreciation
|
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| 3.61 | 4.00 | 4.06 | 4.14 | 4.17 | 2.20 | 1.72 | 1.96 | 2.96 | 5.50 |
Revenue/Sh
|
|||
| (1.29) | (1.54) | (2.54) | (3.46) | (3.56) | (3.01) | (4.37) | (1.50) | (4.08) | (0.29) |
Earnings/Sh
|
|||
| (0.09) | 0.19 | (0.62) | (1.37) | (0.90) | (0.25) | (2.92) | (3.77) | (3.01) | 0.42 |
Cash Flow/Sh
|
|||
| (0.32) | (0.36) | (0.49) | (0.37) | (0.52) | (0.40) | (0.45) | (0.57) | (0.46) | (0.65) |
Capex/Sh
|
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| (0.42) | (0.17) | (1.10) | (1.74) | (1.42) | (0.65) | (3.37) | (4.34) | (3.47) | (0.23) |
Free CF/Sh
|
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| 8.32 | 7.56 | 7.87 | 5.22 | 4.44 | 5.05 | 0.67 | 2.70 | 0.75 | 1.29 |
Book Value/Sh
|
|||
| 37 | 39 | 40 | 42 | 48 | 60 | 64 | 74 | 79 | 89 |
Shares
|
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
PE Ratio
|
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| 5.11 | 5.62 | 5.57 | 3.43 | 6.53 | 14.09 | 12.03 | 4.89 | 5.89 | 6.95 |
PS Ratio
|
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| 2.22 | 2.97 | 2.88 | 2.72 | 6.14 | 6.15 | 30.74 | 3.54 | 23.26 | 29.69 |
PB Ratio
|
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| 3.53 | 3.97 | 3.89 | 2.32 | 5.80 | 11.61 | 11.35 | 3.58 | 5.63 | 6.92 |
EV/Sales
|
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| (30.66) | (93.19) | (14.30) | (5.52) | (17.08) | (39.31) | (5.78) | (1.61) | (4.80) | (161.30) |
EV/FCF
|
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| (3) | 7 | (25) | (58) | (43) | (15) | (186) | (280) | (237) | 38 |
Op' Cash Flow
|
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| (12) | (14) | (20) | (16) | (25) | (24) | (29) | (42) | (36) | (58) |
Capex
|
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| (15) | (7) | (45) | (74) | (67) | (39) | (215) | (322) | (274) | (20) |
FCF
|
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| 249 | 240 | 391 | 334 | 318 | 459 | 344 | 439 | 216 | 278 |
Working Cap'
|
|||
| 44 | 45 | 195 | 205 | 215 | 227 | 376 | 377 | 310 | 312 |
Total Debt
|
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| (211) | (256) | (276) | (194) | (146) | (326) | (75) | (190) | (60) | (11) |
Net Debt
|
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| 308 | 293 | 318 | 221 | 211 | 302 | 43 | 201 | 59 | 115 |
Sh' Equity
|
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| (9.23%) | (11.42%) | (16.70%) | (22.29%) | (27.95%) | (26.02%) | (38.43%) | (15.24%) | (46.50%) | (4.26%) |
ROA
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| (37.78%) | (89.46%) | (119.67%) | (311.81%) | (169.48%) | 0.00% | 0.00% | (2,161.70%) | 0.00% | (37.84%) |
ROIC
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| (15.76%) | (19.88%) | (33.59%) | (54.29%) | (78.37%) | (70.17%) | (161.46%) | (91.44%) | (247.45%) | (29.38%) |
ROE
|
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Travere Therapeutics, Inc. peers in Biotechnology
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| ORKA Oruka Therapeutics, Inc. | $5.7B | 0.0× | Compare |
| MIRM Mirum Pharmaceuticals, Inc. | $5.8B | 0.0× | Compare |
| COGT Cogent Biosciences, Inc. | $5.5B | 0.0× | Compare |
| CRSP CRISPR Therapeutics AG | $5.4B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SRRK Scholar Rock Holding Corporation | $6.0B | 0.0× | Compare |
| CGON CG Oncology, Inc. | $6.1B | 0.0× | Compare |
| LGND Ligand Pharmaceuticals Incorporated | $6.1B | 30.1× | Compare |
| PTCT PTC Therapeutics, Inc. | $5.2B | 0.0× | Compare |
Travere Therapeutics, Inc. (TVTX) key facts
- Travere Therapeutics, Inc. (TVTX) is a Biotechnology company in the Healthcare sector, listed on Nasdaq.
- Travere Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $490.7 million, up 110.5% from fiscal 2024.
- Travere Therapeutics, Inc. reported a net loss of $25.5 million, or a loss of $0.29 per share, for fiscal 2025.
- As of September 25, 2026, TVTX traded at $59.44, a market capitalization of $5.7 billion.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 9.4× sales.
- Return on equity was −29.4% and debt-to-equity 24.58.
Travere Therapeutics, Inc. (TVTX) Latest News
23 Sep
Travere Therapeutics announced the USPTO issued a Notice of Allowance for U.S. Patent Application No. 19/253,120, titled 'Biphenyl Sulfonamide Compounds for the Treatment of Kidney Diseases or Disorders,' covering certain methods of using FILSPARI (sparsentan) to treat focal segmental glomerulosclerosis (FSGS). Upon issuance, the patent would provide U.S. coverage for these sparsentan use methods into October 2037. The company expects the patent to issue after paying the issue fee and post-allowance processing and plans to list the patent in the FDA's Orange Book. Separately, in August 2026 the USPTO granted another U.S. patent covering sparsentan use in IgA nephropathy (IgAN). FILSPARI is indicated to slow kidney function decline in IgAN and to reduce proteinuria in FSGS. The press release includes safety information and REMS requirements, with forward-looking statements about patent timing and scope. Extends IP protection for sparsentan in FSGS into 2037, potentially extending exclusivity and supporting future commercialization.
22 Sep
Travere Therapeutics announced a planned CEO and President transition, effective December 1, 2026, with Dr. Eric Dube stepping down and Bradley L. Campbell appointed to succeed him. Campbell brings rare-disease launch expertise from Amicus and Galafold, aligning with Travere's focus on FILSPARI for rare kidney disease. Dube will remain as Executive Advisor into early 2027 to maintain continuity. The move occurs amid ongoing execution risk tied to a concentrated kidney portfolio, competition from BioMarin and Vertex, and regulatory and pricing headwinds affecting long-term sustainability. The leadership change will test whether the company can balance near-term launch with broader pipeline decisions and cost management, while noting a fair value of roughly $74 per share within Travere's narrative. Leadership transition at a rare-disease-focused company with a concentrated portfolio could meaningfully reorient launch priorities and cost structure.
21 Sep
Travere Therapeutics announced that Eric Dube, Ph.D., will step down as president and CEO in December after nearly eight years to focus on health and family. Bradley L. Campbell, formerly Amicus Therapeutics CEO, will become president and CEO and join Travere’s board, effective December 1, 2026. Dube will remain as CEO until that date and will serve as executive advisor through February 15, 2027 to ensure an orderly transition. The Board unanimously approved the transition, praising Campbell’s blend of scientific, commercial and operational leadership and his fit to lead Travere’s next growth phase. Campbell has 25+ years in biopharma, including leadership at Amicus (CEO since 2022), Genzyme and BMS. Travere, focused on rare kidney diseases with IgA nephropathy and FSGS approvals, intends to continue advancing its pipeline and growth strategy amid the leadership change. The release reiterates standard forward-looking risk disclosures. A planned leadership transition with an experienced successor could significantly influence strategic execution and investor sentiment.
8 Sep
Travere Therapeutics outlook brightens with turnaround expected to improve company prospects and performance. Turnaround positions company for major shifts in trajectory and investor sentiment.
18 Aug
Travere Therapeutics reports FILSPARI FSGS launch exceeding expectations and expands renal pipeline. FILSPARI launch topping expectations plus renal pipeline expansion signal major strategic progress likely to shift company trajectory and sentiment.
11 Aug
Travere Therapeutics (TVTX) held its Q2 2026 earnings call to report quarterly financial results, operational updates, and forward outlook. Quarterly earnings call supplies updated financials and guidance that can shift near-term investor sentiment and valuation.
7 Aug
Travere Therapeutics shares rose 9% on Q2 revenue growth from FILSPARI sales despite a wider net loss. FILSPARI revenue increase drove positive stock reaction but wider losses limit fundamental trajectory shift.
Travere Therapeutics reported Q2 results alongside continued hopes for FILSPARI approval and sales, with fair value assessment holding steady. Q2 earnings combined with FILSPARI progress point to moderate effects on financials and near-term sentiment without major trajectory shifts.
6 Aug
Biotech dealmaker linked to Merck and Travere Therapeutics saw its shares rise on partnership activity and deal flow. Dealmaking ties to Merck may lift Travere visibility and pipeline prospects without immediate financial overhaul.
Travere Therapeutics reported Q2 2026 earnings and discussed operational updates and outlook during its earnings call. Earnings results and outlook provide updates on financial performance and strategy that may moderately affect near-term market sentiment.
5 Aug
Travere Therapeutics reported record FILSPARI demand in its Q2 2026 earnings call. Record FILSPARI demand indicates major revenue growth potential and strengthened market position.
4 Aug
Travere Therapeutics Q2 earnings call covered financial results, revenue figures, pipeline updates for its kidney disease therapies, and forward guidance on regulatory and commercial plans. Quarterly earnings and pipeline commentary can shift near-term sentiment and valuation but rarely reset long-term trajectory absent major regulatory decisions.
Travere Therapeutics reported Q2 earnings along with analysis of key financial and operational metrics. Quarterly earnings results directly inform near-term financial performance and investor sentiment for the company.
Travere Therapeutics reported its second quarter 2026 financial results. Quarterly financial results disclosure can shift near-term stock valuation and sentiment.
27 Jul
Travere Therapeutics stock surges 56% in 2026 on royalties from Big Pharma partnerships. Royalties from Big Pharma deals have already driven major stock gains and point to sustained revenue growth ahead.
7 Jul
Travere Therapeutics closed an exclusive licensing agreement granting Everest Medicines rights to develop and commercialize Civorebrutinib. Out-licensing deal generates milestone payments and royalties for Travere but affects only one asset.
4 Jun
Travere Therapeutics presented long-term open-label extension data from the Phase 3 DUPLEX study at the 63rd European Renal Association Congress. Phase 3 data presentations at major nephrology congresses can shift investor views on pipeline progress for rare kidney disease programs.
2 Jun
Everest Medicines secured exclusive licensing rights from Travere Therapeutics for Civorebrutinib, a potential best-in-class BTK inhibitor for rare kidney diseases. Out-licensing deal secures upfront payments, milestones and royalties while expanding global reach for Travere's key asset.
Travere Therapeutics entered an exclusive licensing agreement with Everest Medicines for Civorebrutinib, a potential best-in-class BTK inhibitor for rare kidney diseases. Licensing deal adds promising BTK inhibitor to pipeline and expands rare kidney disease opportunities for Travere.
Travere Therapeutics stock dropped 6% after an Everest deal but recovered some losses, while an analyst projected 49% upside potential. Everest deal and analyst upside view point to moderate short-term effects on stock and operations without major long-term shifts.
27 May
Travere Therapeutics received a Notice of Allowance from the U.S. Patent and Trademark Office for a patent application covering certain methods of using FILSPARI (sparsentan) in IgA Nephropathy. Patent allowance on FILSPARI usage methods supports intellectual property protection and potential market exclusivity for the company's lead product.
6 May
Travere Therapeutics priced an upsized $475 million convertible senior notes offering due 2031 at 3.25% interest, expecting $467.3 million net proceeds to refinance its 2029 convertible notes and for general corporate purposes. Upsized debt refinancing extends maturities, adds liquidity, and strengthens balance sheet amid biotech funding needs.
5 May
Travere Therapeutics, Inc. (TVTX) announced a proposed offering of convertible senior notes to refinance its outstanding 2029 convertible notes. Refinancing 2029 convertible notes extends debt maturities and bolsters financial flexibility without altering core operations.
4 May
Travere Therapeutics, Inc. (TVTX) released Q1 2026 earnings call summary highlighting financial results, operational updates, and forward guidance. Q1 2026 earnings details including revenue, expenses, and guidance significantly shape investor expectations and stock performance.
Travere Therapeutics (TVTX) Q1 2026 earnings call transcript released. Q1 earnings transcript discloses financial results, pipeline updates, and guidance that significantly impact stock performance and investor outlook.
Travere Therapeutics (TVTX) Q1 earnings compared to analyst estimates, with analysis of key metrics including revenue, EPS, and operational highlights. Q1 earnings versus estimates directly influence TVTX's financial trajectory, investor sentiment, and stock performance.
Travere Therapeutics released Q1 earnings call highlights, detailing financial results, pipeline progress, and forward guidance. Q1 earnings highlights provide updates on financials and pipeline that moderately influence investor sentiment and stock performance.
Travere Therapeutics (TVTX) reported a Q1 loss and missed revenue estimates. Q1 loss and revenue shortfall highlight weaker financial performance, moderately affecting investor sentiment and stock trajectory.
Travere Therapeutics (TVTX) shares climbed 8.9% after a stronger-than-expected quarter, despite insider sales activity, prompting debate on whether the bullish investment thesis holds. Stronger quarter positively influences financial performance and market sentiment, offset somewhat by insider sales.
27 Apr
Travere Therapeutics Inc. (TVTX) holds a massive competitive moat from its first-mover advantage. First-mover advantage establishes a massive moat for TVTX, significantly enhancing competitive positioning and future performance.