TRVI Stock Analysis: Trevi Therapeutics | NASDAQ

Biotechnology | NASDAQ, USA | Market Cap: 2.546m USD | 12M Return: 227.7% | Charts, Fundamentals & Technical Analysis

Haduvio, Nalbuphine, Chronic Cough, Pulmonary Fibrosis
Total Rating 40
Safety 67
Buy Signal 0.90
Biotechnology
Industry Rotation: +30.9
Market Cap: 2.55B
Avg Turnover: 33.6M
Risk 3d forecast
Volatility76.6%
VaR 5th Pctl12.4%
VaR vs Median-2.11%
Reward TTM
Sharpe Ratio2.18
Rel. Str. IBD96.9
Rel. Str. Peer Group92
Character TTM
Beta0.059
Beta Downside-1.553
Hurst Exponent0.530
Drawdowns 3y
Max DD56.88%
CAGR/Max DD1.87
CAGR/Mean DD6.75
EPS (Earnings per Share) EPS (Earnings per Share) of TRVI over the last years for every Quarter: "2021-06": -0.47, "2021-09": -0.34, "2021-12": -0.28, "2022-03": -0.24, "2022-06": -0.14, "2022-09": -0.12, "2022-12": -0.06, "2023-03": -0.06, "2023-06": -0.07, "2023-09": -0.08, "2023-12": -0.08, "2024-03": -0.11, "2024-06": -0.12, "2024-09": -0.13, "2024-12": -0.11, "2025-03": -0.09, "2025-06": -0.09, "2025-09": -0.08, "2025-12": -0.06, "2026-03": -0.09,
Last SUE: -0.90
Qual. Beats: -1
Revenue Revenue of TRVI over the last years for every Quarter: 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0.176, 2024-03: 0, 2024-06: 0, 2024-09: 0, 2024-12: 0.146, 2025-03: 0, 2025-06: 0, 2025-09: 0, 2025-12: 0, 2026-03: 0,
Last SUE: 0.00
Qual. Beats: 0

Warnings

Strong Share Dilution
High Debt While Negative Cash Flow

Tailwinds

Rs Leader
Idiosyncratic Leader
Tailwind

Seasonality 7.1 years of data

Jan +1.6% 0
Feb +8.0% 35
Mar +8.1% 16
Apr +5.9% 19
May -4.7% 26
Jun +12.6% 48
Jul +0.6% 2
Aug -5.3% 38
Sep -1.3% 19
Oct -11.9% 21
Nov -4.3% 52
Dec -4.7% 17

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.

Description: TRVI Trevi Therapeutics

Trevi Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing therapies for chronic cough, specifically targeting patients with idiopathic pulmonary fibrosis (IPF), non-IPF interstitial lung disease, and refractory chronic cough. The companys lead investigational product, Haduvio, is an oral extended-release formulation of nalbuphine, currently undergoing a Phase 2b clinical trial for chronic cough in IPF patients and a Phase 2a trial for refractory chronic cough.

The company operates in the Health Care sector (Pharmaceuticals sub-industry) under the GICS classification. As a clinical-stage biopharmaceutical firm, Trevi has no approved commercial products and is dependent on capital markets, licensing agreements, and eventual commercialization to generate revenue. Trevi holds a license agreement with Keenova Therapeutics plc covering nalbuphine hydrochloride formulations, and was incorporated in 2011, headquartered in New Haven, Connecticut. The company trades on NASDAQ under the ticker TRVI.

Headlines to Watch Out For
  • Haduvio Phase 2b IPF chronic cough trial data readout
  • FDA regulatory progress for Haduvio chronic cough indication
  • Cash runway extends through key Haduvio trial milestones
Piotroski VR-10 (Strict) 0.0
Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.18 > 0.02 and ΔFCF/TA 20.82 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.25 > 3% & CFO -45.3m > Net Income -45.6m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 24.75 > 1.5 & < 3
Outstanding Shares: last quarter (145.6m) vs 12m ago 23.79% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 0.14%; Δ -0.14% > 0%)
Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM)
Altman Z'' 10.00
A: 0.94 (Total Current Assets 176.1m - Total Current Liabilities 7.12m) / Total Assets 179.6m
B: -1.91 (Retained Earnings -343.0m / Total Assets 179.6m)
C: -0.32 (EBIT TTM -45.7m / Avg Total Assets 143.3m)
D: 23.01 (Book Value of Equity 172.1m / Total Liabilities 7.48m)
Altman-Z'' = 21.97 = AAA
What is the price of TRVI shares?

As of July 08, 2026, the stock is trading at USD 19.50 with a total of 5,525,809 shares traded. Over the past week, the price has changed by +4.67%, over one month by +44.44%, over three months by +48.85% and over the past year by +227.73%.

Current recommended Stop Loss: 18.40 (which is 5.6% or 1.3 ATR below the current price).

Is TRVI a buy, sell or hold?

Trevi Therapeutics has received a consensus analysts rating of 4.88. Therefore, it is recommended to buy TRVI.

  • StrongBuy: 7
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the TRVI price?
Analysts Target Price 23.9 22.6%
Trevi Therapeutics (TRVI) - Fundamental Data Overview as of 04 July 2026
Market Cap USD = 2.55b (2.55b USD * 1.0 USD.USD)
P/B = 14.5174
Revenue TTM = 0.0 USD
EBIT TTM = -45.7m USD
EBITDA TTM = -45.5m USD
Long Term Debt = 364k USD (estimated: total debt 682k - short term 318k)
Short Term Debt = 318k USD (from shortTermDebt, last quarter)
Debt = 682k USD (from shortLongTermDebtTotal, last quarter) (leases 682k already included)
Net Debt = -171.1m USD (calculated: Debt 682k - CCE 171.8m)
Enterprise Value = 2.37b USD (2.55b + Debt 682k - CCE 171.8m)
 Interest Coverage Ratio = unknown (Ebit TTM -45.7m / Interest Expense TTM 0.0)
 EV/FCF = -74.35x (Enterprise Value 2.37b / FCF TTM -31.9m)
FCF Yield = -1.34% (FCF TTM -31.9m / Enterprise Value 2.37b)
 FCF Margin = unknown (Revenue TTM is 0 or missing)
 Net Margin = unknown
 Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 132k) / Revenue TTM)
 Tobins Q-Ratio = 13.22 (Enterprise Value 2.37b / Total Assets 179.6m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 682k)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -36.1m (EBIT -45.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 24.75 (Total Current Assets 176.1m / Total Current Liabilities 7.12m)
Debt / Equity = 0.00 (Debt 682k / totalStockholderEquity, last quarter 172.1m)
 Debt / EBITDA = 3.76 (negative EBITDA) (Net Debt -171.1m / EBITDA -45.5m)
 Debt / FCF = 5.36 (negative FCF - burning cash) (Net Debt -171.1m / FCF TTM -31.9m)
 Total Stockholder Equity = 185.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -31.83% (Net Income -45.6m / Total Assets 179.6m)
RoE = -24.53% (Net Income TTM -45.6m / Total Stockholder Equity 185.9m)
RoCE = -24.52% (EBIT -45.7m / Capital Employed (Equity 185.9m + L.T.Debt 364k))
 RoIC = -20.88% (negative operating profit) (NOPAT -36.1m / Invested Capital 172.8m)
 WACC = 6.19% (E(2.55b)/V(2.55b) * Re(6.19%) + D(682k)/V(2.55b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 6.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.88 | Cagr: 18.44%
 [DCF] Fair Price = unknown (Cash Flow -31.9m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.90 | # QB: -1
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.11 | Chg30d=-10.00% | Revisions=+17% | Analysts=9
EPS next Quarter (2026-09-30): EPS=-0.13 | Chg30d=-8.32% | Revisions=+29% | Analysts=9
EPS current Year (2026-12-31): EPS=-0.47 | Chg30d=-9.81% | Revisions=+29% | GrowthEPS=-46.5% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-0.56 | Chg30d=+1.27% | Revisions=+50% | GrowthEPS=-19.0% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +47% (up=11, down=3)