Biohaven Ltd.

Biohaven Ltd.

BHVN
Biohaven Ltd.US flagNew York Stock Exchange
10.76
USD
+0.63
- -
1.14BMarket Cap
Biohaven Ltd.
BHVN
(New York Stock Exchange)

Recent

price

10.76

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-3.31
-5.97
-12.75
-5.73
-9.28
- -
-5.44
Basic EPS, GAAP
-2.2
-4.1
-7.57
-4.7
-6.43
- -
-5
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
11.73
5.45
3.41
- -
-0.69
Book Value per Share
2.14
2.09
11.6
5.73
4.42
- -
0.92
Tangible Book Value per Share
36
36
45
71
91
- -
119
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
1
1
7
8
10
10
Depreciation Expense
-119
-214
-570
-408
-846
-739
-648
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
60
53
497
387
384
252
334
Working Capital
- -
3
31
28
33
279
280
LT Debt
77
95
539
428
423
52
130
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-217.41
-89.43
-242.1
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
6
6
6
LT Borrowings
268
239
242
LT Finance Leases
40
40
38
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
106
133
151
Market Capitalization
1,543
1,215
1,007

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
324
368
386
Cash, Cash Equivalents & STI
260
319
348
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
113
116
52
Payables & Accruals
67
51
42
ST Debt
6
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
76.6%
-87.7%
Free Cash Flow
- -
59.09%
4.03%
Net Income, GAAP
- -
62.63%
-12.71%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.2
-3.64
-1.7
-1.85
-9.28
2025
-2.17
-1.94
-1.64
-1.21
- -
2026
-0.88
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Biohaven Ltd. (NYSE: BHVN) is a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of innovative therapies targeting unmet needs in neuroscience, immunology, and oncology. Founded in 2013 and headquartered in New Haven, Connecticut, the company operates globally with a portfolio spanning multiple proprietary drug development platforms, including Kv7 ion channel modulation, extracellular protein degradation via MoDE and TRAP technologies, TRPM3 antagonism, TYK2/JAK1 inhibition, glutamate modulation, myostatin inhibition, and antibody-drug conjugates. Its lead product candidate, Vyglxia (troriluzole), a tripeptide prodrug of riluzole, targets spinocerebellar ataxias (SCA) and received a Complete Response Letter from the U.S. FDA in November 2025 following submission of its New Drug Application, prompting Biohaven to pursue discussions with the agency and implement portfolio prioritization and cost-optimization measures slashing R&D expenses by approximately 60%. Core pipeline assets include taldefgrobep, a myostatin inhibitor in development for spinal muscular atrophy and obesity; BHV-7000, a selective Kv7.2/7.3 activator for epilepsy, major depressive disorder, and bipolar depression; BHV-2100, a TRPM3 antagonist for pain disorders; BHV-8000, a brain-penetrant TYK2/JAK1 inhibitor for Parkinson's disease, Alzheimer's disease, multiple sclerosis, and prevention of amyloid-related imaging abnormalities; BHV-1300 and BHV-1310, IgG degraders for rheumatoid arthritis, Graves' disease, and myasthenia gravis; BHV-1400, a Gd-IgA1 degrader for IgA nephropathy; BHV-1600, a β1AR autoantibody degrader for peripartum cardiomyopathy; and oncology candidates such as BHV-1510 (Trop2 ADC), BHV-1530 (FGFR3 ADC), and BHV-1500 (CD30 ADC), alongside undisclosed targets from collaborations with Merus and GeneQuantum. Recent developments encompass a non-dilutive financing agreement with Oberland Capital Management in April 2025 providing up to $600 million in senior secured notes to support pipeline advancement and potential launches; an upsized public offering of common shares in November 2025 generating approximately $200 million in gross proceeds; first-in-human dosing with BHV-1400 demonstrating rapid Gd-IgA1 lowering in IgA nephropathy; and ongoing advancement of preclinical antibody-drug conjugates. Biohaven, which emerged from the 2022 spin-off and divestiture of its migraine portfolio (including Nurtec ODT and Zavzpret) to Pfizer, targets patients with rare genetic disorders, neurodegenerative conditions, autoimmune diseases, chronic pain, metabolic disorders, and cancers across the United States and international markets.

Company News

APIChat
  • Biohaven Reports First-in-Human Dosing of Oral PKM2 Modulator, BHV-8100, Targeting Metabolic Restoration and Immunomodulation

  • Biohaven: Despite Today's Gains, I Remain Skeptical

  • Biohaven Reports Positive Clinical Biomarker and Patient Data: First MoDE and TRAP Extracellular Protein Degraders Achieve Deep, Rapid, Selective Lowering of Disease-Driving Antibodies in Graves' Disease and IgA Nephropathy

  • Biohaven Reports New Clinical Data in Epilepsy with Opakalim, a Selective Kv7.2/7.3 Activator, Highlighting Seizure Control and Markedly Differentiated Tolerability Profile

  • Biohaven Ltd. (BHVN) Upgraded to Buy: Here's Why

  • Biohaven Reports Recent Business Developments and First Quarter 2026 Financial Results

  • Biohaven: Downgrade To Hold On Troriluzole Setback And Obesity Data 2nd Half 2026

  • Why Biohaven Stock Crushed it on Monday

  • Aberdeen Group plc Buys Shares of 693,452 Biohaven Ltd. $BHVN

  • SG Americas Securities LLC Grows Holdings in Biohaven Ltd. $BHVN

  • Biohaven Stock Down 70% but One Fund's New $6 Million Bet Signals Turnaround Potential

  • Biohaven Ltd. (NYSE:BHVN) Given Average Recommendation of “Moderate Buy” by Brokerages

  • This $8.9 Million Buy Targets a Stock Down 68% With $322 Million in Cash

  • Biohaven's Phase 2 Obesity Study with Taldefgrobep Alfa, a Novel Myostatin-Activin Pathway Inhibitor, Completes Enrollment

  • What's Going On With Biohaven Stock On Monday?

  • Biohaven Reports Recent Business Developments and Fourth Quarter and Full Year 2025 Financial Results

  • Is Biohaven Ltd. (BHVN) Stock Outpacing Its Medical Peers This Year?

  • Does Biohaven Ltd. (BHVN) Have the Potential to Rally 82.16% as Wall Street Analysts Expect?

  • Goldman Sachs Just Upgraded These 3 Stocks to a Buy Rating

  • Here Are Friday’s Top Wall Street Analyst Research Calls: Amazon.com, Caterpillar, Estee Lauder, JPMorgan, Norfolk Southern, Roku, Snap, Vistra, and More