Neurocrine Biosciences Inc

Neurocrine Biosciences Inc Stock Forecast & Price Prediction

Live Neurocrine Biosciences Inc Stock (NBIX) Price
$114.00

13

Ratings

  • Buy 13
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$114.00

P/E Ratio

33.66

Volume Traded Today

$784,300

Dividend

Dividends not available for NBIX

52 Week High/low

157.98/103.63

Neurocrine Biosciences Inc Market Cap

$11.28B

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NBIX Summary

Based on ratings from 13 stock analysts, the Neurocrine Biosciences Inc stock price is expected to increase by 47.3% in 12 months. This is calculated by using the average 12-month stock price forecast for Neurocrine Biosciences Inc. The lowest target is $128 and the highest is $204. Please note analyst price targets are not guaranteed and could be missed completely.

NBIX Analyst Ratings

NBIX is a stock in Healthcare which has been forecasted to be worth $167.92 as an average. On the higher end, the forecast price is $204 USD by from and on the lower end NBIX is forecasted to be $128 by Neena Bitritto-Garg from Citigroup.

NBIX stock forecast by analyst

These are the latest 20 analyst ratings of NBIX.

Analyst/Firm

Rating

Price Target

Change

Date

Charles Duncan
Cantor Fitzgerald

Overweight

$155

Reiterates

Sep 16, 2024
Carter Gould
Barclays

Overweight

$160

Maintains

Sep 9, 2024
Brian Abrahams
RBC Capital

Sector Perform

$136

Maintains

Aug 29, 2024
Andrew Fein
HC Wainwright & Co.

Buy

$190

Reiterates

Aug 29, 2024
Charles Duncan
Cantor Fitzgerald

Overweight

$155

Maintains

Aug 29, 2024
Evan Seigerman
BMO Capital

Market Perform

$128

Maintains

Aug 29, 2024
Ami Fadia
Needham

Hold


Reiterates

Aug 29, 2024
David Amsellem
Piper Sandler

Overweight

$159

Upgrade

Aug 29, 2024
Akash Tewari
Jefferies

Buy

$189

Maintains

Aug 19, 2024
Anupam Rama
JP Morgan

Overweight

$181

Maintains

Aug 7, 2024
Andrew Fein
HC Wainwright & Co.

Buy

$190

Maintains

Aug 5, 2024
Jay Olson
Oppenheimer

Outperform

$219

Maintains

Aug 2, 2024
Brian Abrahams
RBC Capital

Sector Perform

$143

Maintains

Aug 2, 2024
Carter Gould
Barclays

Overweight

$180

Maintains

Aug 2, 2024
Yatin Suneja
Guggenheim

Buy

$180

Maintains

Aug 2, 2024
David Hoang
Citigroup

Neutral

$158

Maintains

Aug 2, 2024
Brian Skorney
Baird

Outperform

$180

Maintains

Aug 2, 2024
Ami Fadia
Needham

Hold


Reiterates

Aug 1, 2024
Ami Fadia
Needham

Hold


Reiterates

Jul 25, 2024
Charles Duncan
Cantor Fitzgerald

Overweight

$155

Reiterates

Jul 25, 2024

NBIX Company Information

What They Do: Pharmaceuticals for neurological and psychiatric disorders.

Business Model: The company discovers, develops, and markets pharmaceutical products targeting neurological, neuroendocrine, and neuropsychiatric disorders. It generates revenue primarily through the sale of its marketed products, such as INGREZZA and ALKINDI, and by advancing its pipeline of product candidates through clinical development and potential commercialization.

Other Information: Neurocrine Biosciences has several collaborations with major pharmaceutical companies, enhancing its research capabilities and market reach. Founded in 1992 and based in San Diego, California, the company has a diverse pipeline addressing various complex conditions, indicating a strategic focus on unmet medical needs within its specialty areas.
NBIX
Neurocrine Biosciences Inc (NBIX)

When did it IPO

1996

Staff Count

1,500

Country

United States

Sector/Industry

Healthcare/Drug Manufacturers - Specialty & Generic

CEO

Dr. Kevin C. Gorman Ph.D.

Market Cap

$11.28B

Neurocrine Biosciences Inc (NBIX) Financial Data

In 2023, NBIX generated $1.89B in revenue, which was a increase of 26.76% from the previous year. This can be seen as a signal that NBIX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.05B

Revenue From 2021

$1.13B

8.38 %
From Previous Year

Revenue From 2022

$1.49B

31.34 %
From Previous Year

Revenue From 2023

$1.89B

26.76 %
From Previous Year
  • Revenue TTM $2.12B
  • Operating Margin TTM 25.1%
  • Gross profit TTM $1.85B
  • Return on assets TTM 11.5%
  • Return on equity TTM 15.6%
  • Profit Margin 16.0%
  • Book Value Per Share 24.87%
  • Market capitalisation $11.28B
  • Revenue for 2021 $1.13B
  • Revenue for 2022 $1.49B
  • Revenue for 2023 $1.89B
  • EPS this year (TTM) $3.32

Neurocrine Biosciences Inc (NBIX) Latest News

News Image

Mon, 30 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Neurocrine Biosciences announced interim results from the KINECTยฎ-HD2 trial of INGREZZAยฎ for Huntington's disease chorea, presented at the 2024 MDS Congress.

Why It Matters - The interim results from the KINECTยฎ-HD2 trial may indicate potential market expansion for Neurocrine Biosciences' INGREZZAยฎ, affecting stock performance and investor confidence in the company's growth prospects.

News Image

Thu, 19 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Neurocrine Biosciences, Inc. (Nasdaq: NBIX) will present at the TD Cowen 4th Annual Novel Mechanisms in Neuropsychiatry Virtual Summit on September 19, 2024, at 11:00 a.m.

Why It Matters - Neurocrine's participation in a key neuropsychiatry summit highlights its ongoing engagement in innovative research, potentially impacting stock performance and investor interest.

News Image

Thu, 12 Sep 2024

Sentiment - NEGATIVE

Source - Reuters

Summary - Neurocrine Biosciences reported that its experimental drug failed to meet the primary endpoint in a mid-stage trial for enhancing cognitive function in schizophrenia patients.

Why It Matters - Failure in the mid-stage trial raises concerns about the drug's viability, potentially impacting Neurocrine Biosciences' stock value and future revenue projections.

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Neurocrine Biosciences' Phase 2 study of luvadaxistat for schizophrenia cognitive impairment failed to meet its primary endpoint. The company will shift focus to Phase 3 developments for other treatments.

Why It Matters - The failure of Luvadaxistat's Phase 2 study may lead to decreased investor confidence in Neurocrine Biosciences, impacting stock performance and future funding for other projects.

News Image

Tue, 10 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Neurocrine Biosciences, Inc. (Nasdaq: NBIX) will present at the 2024 Cantor Global Healthcare Conference in New York on September 10, 2024, at 3:05 p.m.

Why It Matters - Neurocrine's participation in a key healthcare conference may indicate upcoming announcements or partnerships, impacting stock performance and investor sentiment.

News Image

Sun, 01 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Nxera Pharma (TSE 4565) will receive a $35 million payment from Neurocrine Biosciences following successful Phase 2 trial results for NBI-1117568 in schizophrenia, to be recorded as Q3 2024 revenue.

Why It Matters - Nxera Pharma's receipt of a $35 million payment due to a successful drug trial enhances its cash position and may boost investor confidence in its growth potential and financial stability.

...

NBIX Frequently asked questions

The highest forecasted price for NBIX is $204 from at .

The lowest forecasted price for NBIX is $128 from Neena Bitritto-Garg from Citigroup

The NBIX analyst ratings consensus are 13 buy ratings, 0 hold ratings, and 0 sell ratings.