NBIX Stock Analysis: Neurocrine Biosciences | NASDAQ
Drug Manufacturers - Specialty & Generic | NASDAQ, USA | Market Cap: 16.869m USD | 12M Return: 35% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 190M
EPS Trend: 77.9%
Qual. Beats: 1
Rev. Trend: 99.7%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Neurocrine Biosciences is a US-based biopharmaceutical company that discovers, develops, and commercializes prescription drugs targeting neurological, psychiatric, endocrine, and immunological disorders in the United States and internationally. Founded in 1992 and headquartered in San Diego, California, the company operates within the large-cap biotechnology segment of the healthcare sector.
The company markets a portfolio of branded products including INGREZZA for tardive dyskinesia and Huntingtons disease-associated chorea, Orilissa and Oriahnn for endometriosis and uterine fibroids respectively, and CRENESSITY, ALKINDI, and Efmody for endocrine conditions such as congenital adrenal hyperplasia. Its clinical pipeline spans multiple therapeutic areas, with candidates in development for movement disorders, major depressive disorder, schizophrenia, bipolar mania, Alzheimers disease, epilepsy, obesity, and related metabolic diseases.
Neurocrine supplements its internal R&D with a network of license and collaboration agreements with major pharmaceutical partners including Takeda Pharmaceutical, Sanofi, AbbVie, Xenon Pharmaceuticals, Voyager Therapeutics, Nxera Pharma, and Tanabe Pharma. This hybrid model of in-house development combined with external partnerships is typical among mid-to-large biotech firms seeking to expand pipeline reach while sharing development risk.
- INGREZZA revenue growth drives tardive dyskinesia market expansion
- CRENESSITY commercial launch targets congenital adrenal hyperplasia
- Pipeline catalyst: osavampator Phase 3 for major depressive disorder
| Net Income: 668.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 3.60 > 1.0 |
| NWC/Revenue: 51.71% < 20% (prev 46.22%; Δ 5.50% < -1%) |
| CFO/TA 0.18 > 3% & CFO 863.7m > Net Income 668.6m |
| Net Debt (-910.0m) to EBITDA (955.8m): -0.95 < 3 |
| Current Ratio: 2.93 > 1.5 & < 3 |
| Outstanding Shares: last quarter (103.4m) vs 12m ago 0.88% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 72.20% > 50% (prev 65.42%; Δ 6.78% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.33 (Total Current Assets 2.44b - Total Current Liabilities 831.7m) / Total Assets 4.91b |
| B: 0.12 (Retained Earnings 589.6m / Total Assets 4.91b) |
| C: 0.22 (EBIT TTM 926.0m / Avg Total Assets 4.30b) |
| D: 2.27 (Book Value of Equity 3.41b / Total Liabilities 1.50b) |
| Altman-Z'' = 6.37 = AAA |
| DSRI: 1.16 (Receivables 768.1m/516.0m, Revenue 3.10b/2.41b) |
| GMI: 1.00 (GM 98.52% / 98.17%) |
| AQI: 0.99 (AQ_t 0.39 / AQ_t-1 0.40) |
| SGI: 1.29 (Revenue 3.10b / 2.41b) |
| TATA: -0.04 (NI 668.6m - CFO 863.7m) / TA 4.91b) |
| Beneish M = -2.70 (Cap -4..+1) = A |
As of July 05, 2026, the stock is trading at USD 174.26 with a total of 1,251,000 shares traded. Over the past week, the price has changed by +6.14%, over one month by +5.54%, over three months by +31.54% and over the past year by +34.97%.
Current recommended Stop Loss: 164.30 (which is 5.7% or 2.2 ATR below the current price).
Neurocrine Biosciences has received a consensus analysts rating of 4.48. Therefore, it is recommended to buy NBIX.
- StrongBuy: 15
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 196 | 12.5% |
P/E Trailing = 25.8108
P/E Forward = 23.753
P/S = 5.4375
P/B = 4.9685
P/EG = 0.4753
Revenue TTM = 3.10b USD
EBIT TTM = 926.0m USD
EBITDA TTM = 955.8m USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = 406.2m USD (from shortLongTermDebtTotal, last quarter) (leases 406.2m already included)
Net Debt = -910.0m USD (calculated: Debt 406.2m - CCE 1.32b)
Enterprise Value = 16.0b USD (16.9b + Debt 406.2m - CCE 1.32b)
Interest Coverage Ratio = unknown (Ebit TTM 926.0m / Interest Expense TTM 0.0)
EV/FCF = 19.20x (Enterprise Value 16.0b / FCF TTM 831.3m)
FCF Yield = 5.21% (FCF TTM 831.3m / Enterprise Value 16.0b)
FCF Margin = 26.80% (FCF TTM 831.3m / Revenue TTM 3.10b)
Net Margin = 21.55% (Net Income TTM 668.6m / Revenue TTM 3.10b)
Gross Margin = unknown ((Revenue TTM 3.10b - Cost of Revenue TTM 56.7m) / Revenue TTM)
Tobins Q-Ratio = 3.25 (Enterprise Value 16.0b / Total Assets 4.91b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 406.2m)
Taxrate = 28.68% (268.9m / 937.5m)
NOPAT = 660.4m (EBIT 926.0m * (1 - 28.68%))
Current Ratio = 2.93 (Total Current Assets 2.44b / Total Current Liabilities 831.7m)
Debt / Equity = 0.12 (Debt 406.2m / totalStockholderEquity, last quarter 3.41b)
Debt / EBITDA = -0.95 (Net Debt -910.0m / EBITDA 955.8m)
Debt / FCF = -1.09 (Net Debt -910.0m / FCF TTM 831.3m)
Total Stockholder Equity = 3.09b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.56% (Net Income 668.6m / Total Assets 4.91b)
RoE = 21.64% (Net Income TTM 668.6m / Total Stockholder Equity 3.09b)
RoCE = 22.73% (EBIT 926.0m / Capital Employed (Total Assets 4.91b - Current Liab 831.7m))
RoIC = 16.85% (NOPAT 660.4m / Invested Capital 3.92b)
WACC = 7.55% (E(16.9b)/V(17.3b) * Re(7.73%) + D(406.2m)/V(17.3b) * Rd(0.0%) * (1-Tc(0.29)))
Discount Rate = 7.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -13.80 | Cagr: 0.48%
[DCF] Terminal Value 77.97% ; FCFF base≈695.7m ; Y1≈797.5m ; Y5≈1.17b
[DCF] Fair Price = 184.7 (EV 17.7b - Net Debt -910.0m = Equity 18.6b / Shares 100.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 77.94 | EPS CAGR: 23.77% | SUE: 1.13 | # QB: 1
Revenue Correlation: 99.66 | Revenue CAGR: 23.56% | SUE: 2.51 | # QB: 4
EPS current Quarter (2026-06-30): EPS=2.17 | Chg30d=+2.63% | Revisions=+56% | Analysts=14
EPS next Quarter (2026-09-30): EPS=3.24 | Chg30d=-3.93% | Revisions=+50% | Analysts=13
EPS current Year (2026-12-31): EPS=10.18 | Chg30d=-0.79% | Revisions=+62% | GrowthEPS=+59.4% | GrowthRev=+31.9%
EPS next Year (2027-12-31): EPS=12.60 | Chg30d=-0.86% | Revisions=+57% | GrowthEPS=+23.7% | GrowthRev=+18.6%
[Analyst] Revisions Ratio: +75% (up=23, down=2)