HRTXHRTXHealthcare · Biotechnology

HRTX Stock Forecast: Heron Therapeutics, Inc. Price Predictions for 2026-2027

Last close, 11 Sept 2026
$0.32
−1.41% on the day

The 2 Wall Street analysts covering Heron Therapeutics, Inc. hold a median 12-month price target of $7 — +2118.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 45 of 100 as at 11 Sept 2026 — in the lower half.

Market cap
$59.9M
Ticker Nerd rank
45 / 100
Median analyst target
$7.00
Analysts covering
2
Revenue$37.7M+1.3% y/y
Operating income−$2.0M
Net income−$5.5M
Free cash flow−$2.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−4.4%
1M
−1.4%
YTD
−75.7%
1Y
−75.4%
From 52W high
−78.8%
From 52W low
+5.2%
$0.30
$1.49
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

HRTX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Heron Therapeutics, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 11 Sept 2026
45 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality
95
Size
81
Value
73
Issuance
68
Accruals
57
Volatility
29
Revisions
26
Growth
21
Momentum
3

Quality (95): The business earns solid, repeatable profits on what it owns.

Momentum (3): The shares have been drifting down relative to others.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

HRTX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on HRTX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0.00$2.00$4.00$6.00$8.00$10.00Oct 25Jan 26Apr 26Jul 26HRTXHigh $9.00Median $7.00Low $5.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says2 analysts
0 Buy2 Hold0 Sell
Low $5.00Median $7.00High $9.00

The green dot is the last close — the median target sits +2118.7% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
11 Aug 2026HC Wainwright & Co.DowngradeNeutral
3 June 2026HC Wainwright & Co.MaintainsBuy$4.00$2.00
3 June 2026HC Wainwright & Co.MaintainsBuy
3 June 2026NeedhamDowngradeHold
3 June 2026NeedhamDowngradeHold
9 Jan 2026HC Wainwright & Co.ReiteratesBuy
8 Aug 2025NeedhamMaintainsBuy
9 June 2025HC Wainwright & Co.InitiatesBuy
11 Apr 2025NeedhamReiteratesBuy
28 Feb 2025NeedhamReiteratesBuy
4 Dec 2024NeedhamReiteratesBuy
13 Nov 2024NeedhamMaintainsBuy
25 Sept 2024NeedhamReiteratesBuy
7 Aug 2024NeedhamReiteratesBuy
13 June 2024Rodman & RenshawInitiatesBuy
16 May 2024NeedhamReiteratesBuy
8 May 2024NeedhamReiteratesBuy
23 Apr 2024Capital OneInitiatesOverweight
11 Apr 2024NeedhamReiteratesBuy
13 Mar 2024NeedhamMaintainsBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. HRTX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

HRTX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Sept 2026, Heron Therapeutics, Inc. returned −75.4% against +17.5% for the S&P 500, dividends included.

HRTX vs S&P 500, last 12 monthsTotal return, rebased to 100
20406080100120Oct 25Jan 26Apr 26Jul 26HRTXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

HRTX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

Heron Therapeutics, Inc. (HRTX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−2.6×

Cheaper than 86% of US stocks

Price / sales
0.4×

Cheaper than 85% of US stocks

Price / book
10.2×

Cheaper than 9% of US stocks

EV / EBITDA
−19.1×

Cheaper than 89% of US stocks

Growth & margins
Revenue growth (YoY)
1.3%

Higher than 30% of US stocks

Earnings growth (YoY)
Gross margin
69.3%

Higher than 82% of US stocks

Operating margin
−5.4%

Higher than 27% of US stocks

Net margin
−22.5%

Higher than 15% of US stocks

Returns & dividend
Return on equity
−140.9%

Higher than 10% of US stocks

Return on assets
−2.8%

Higher than 35% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Heron Therapeutics, Inc. (HRTX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Heron Therapeutics, Inc. has a market value of $59.9M and an enterprise value of $166.6M.

  • Revenue in the twelve months to 30 June 2026: $151.2M. The latest quarter grew 1.3% year on year.

  • Net income over the same four quarters: −$34.0M, a −22.5% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.19.

  • Free cash flow in the twelve months to 30 June 2026: −$12.1M.

  • Shares outstanding: 189.5M.

  • Trailing P/E: −2.6×; forward P/E: −2.9× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Heron Therapeutics, Inc. employs 128 people $1.2M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 13 Sept 2026

Data provided by Twelve Data

Peers

HRTX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBiotechnology
CompanyMarket capTKN rank
HRTXHeron Therapeutics, Inc.$59.9M
45
IMAImageneBio, Inc.$60.0M
30
INKTMiNK Therapeutics, Inc.$59.6M
57
INMBINmune Bio, Inc.$59.0M
51
HYFTMindWalk Holdings Corp.$60.9M
58
XLOXilio Therapeutics, Inc.$58.7M
72
EXOZeXoZymes, Inc.$58.5M
12

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Heron Therapeutics, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest HRTX news & analysis

Heron Therapeutics, Inc. (HRTX) Q2 2026 Earnings Call Transcript

Seeking Alpha · 10 Aug 2026neutral

Seeking Alpha published a transcript of Heron Therapeutics' Q2 2026 earnings call. The item presents the company's earnings call transcript for the quarter.

Why it matters — An HRTX watcher would care because the earnings call transcript provides direct insight into the company's Q2 2026 financial results and management commentary.

Heron Therapeutics (HRTX) Reports Q2 Loss, Lags Revenue Estimates

Zacks Investment Research · 10 Aug 2026negative

Heron Therapeutics reported a Q2 loss of $0.03 per share, wider than the Zacks Consensus Estimate of a $0.02 loss and matching the year-ago quarter's $0.02 per-share loss. Revenue also lagged expectations.

Why it matters — The wider-than-expected quarterly loss and revenue miss signal the company's near-term financial performance fell short of analyst forecasts.

Heron Therapeutics Q2 Earnings Call Highlights

MarketBeat · 10 Aug 2026neutral

Heron Therapeutics reported second-quarter net revenue of $37.7 million, up from $34.7 million in the first quarter and $37.2 million in the same period last year. Management said sales of its key products came in below its internal expectations.

Why it matters — The revenue growth is offset by management's disclosure that key product sales fell short of internal expectations, which is relevant to HRTX watchers assessing the company's performance.

FAQ

Frequently asked questions about HRTX stock

What is the HRTX stock price forecast for 2026-2027?

The 2 Wall Street analysts covering Heron Therapeutics, Inc. have a median 12-month price target of $7, with estimates ranging from $5 to $9. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is HRTX stock a buy right now?

Of the 2 analysts covering Heron Therapeutics, Inc., 0 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Heron Therapeutics, Inc. 45 out of 100 across roughly 4,600 US stocks as at 11 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank HRTX?

As at 11 Sept 2026, Heron Therapeutics, Inc. ranks 45 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (95 of 100).

Will HRTX stock go up?

No one can know that. What the data says: the median 12-month target from 2 analysts implies +2118.7% from the last close, and Ticker Nerd's factor model ranks Heron Therapeutics, Inc. 45 out of 100 as at 11 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the HRTX stock forecast for 2030?

No analyst covering Heron Therapeutics, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HRTX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $5 to $9 over the next 12 months.

How has HRTX stock performed over the past year?

Heron Therapeutics, Inc. returned -75.4% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Heron Therapeutics, Inc. do?

Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on developing and marketing therapies for acute care and oncology supportive care.

What is the latest news on HRTX?

The most recent item we track (Seeking Alpha, 10 Aug 2026): "Heron Therapeutics, Inc. (HRTX) Q2 2026 Earnings Call Transcript". Seeking Alpha published a transcript of Heron Therapeutics' Q2 2026 earnings call. The item presents the company's earnings call transcript for the quarter.

Company

About Heron Therapeutics, Inc.

Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on developing and marketing therapies for acute care and oncology supportive care. The company’s current portfolio includes products used to help manage post-surgical pain and to prevent nausea and vomiting associated with surgery and cancer treatment. Its marketed medicines are designed for use in clinical settings and are sold primarily through healthcare providers, hospitals, and other medical institutions. Heron Therapeutics relies on proprietary drug delivery and formulation capabilities to support its branded prescription products, which serve specialized patient needs in perioperative care and oncology. The company operates in the U.S. specialty pharmaceutical market and is positioned around targeted treatments that address common complications of medical procedures and cancer therapy.

CEO Mr. Craig Alexander Collard · 128 employees · United States · https://www.herontx.com