Alkermes plc (ALKS)

NASDAQ: ALKS · Real-Time Price · USD
35.32
-0.18 (-0.51%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.51%
Market Cap 5.74B
Revenue (ttm) 1.56B
Net Income (ttm) 367.07M
Shares Out 162.61M
EPS (ttm) 2.17
PE Ratio 16.05
Forward PE 19.06
Dividend n/a
Ex-Dividend Date n/a
Volume 974,761
Open 35.79
Previous Close 35.50
Day's Range 35.09 - 35.79
52-Week Range 22.90 - 36.45
Beta 0.46
Analysts Buy
Price Target 37.25 (+5.46%)
Earnings Date Feb 12, 2025

About ALKS

Alkermes plc, a biopharmaceutical company, researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in therapeutic areas in the United States, Ireland, and internationally. It has a portfolio of proprietary commercial products for the treatment of alcohol dependence, opioid dependence, schizophrenia and bipolar I disorder and a pipeline of clinical and preclinical product candidates in development for neurological disorders. Its marketed products include ARISTADA, an intramuscular injectable su... [Read more]

Sector Healthcare
IPO Date Jul 16, 1991
Employees 2,100
Stock Exchange NASDAQ
Ticker Symbol ALKS
Full Company Profile

Financial Performance

In 2024, Alkermes's revenue was $1.56 billion, a decrease of -6.36% compared to the previous year's $1.66 billion. Earnings were $367.07 million, an increase of 3.18%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ALKS stock is "Buy." The 12-month stock price forecast is $37.25, which is an increase of 5.46% from the latest price.

Price Target
$37.25
(5.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alkermes plc (ALKS) Q4 2024 Earnings Call Transcript

Alkermes plc (NASDAQ:ALKS) Q4 2024 Earnings Conference Call February 12, 2025 8:00 AM ET Company Participants Sandra Coombs - Senior Vice President of Corporate Affairs and Investor Relations Richard...

9 days ago - Seeking Alpha

Alkermes plc Reports Financial Results for the Fourth Quarter and Year Ended Dec. 31, 2024 and Provides Financial Expectations for 2025

—    Total Revenues of $1.56 Billion in 2024; Net Sales of Proprietary Products Increased Approximately 18% Year-Over-Year — —    GAAP Net Income from Continuing Operations of $372 Million and Diluted...

9 days ago - PRNewsWire

Alkermes to Report Fourth Quarter and Year-End Financial Results on Feb. 12, 2025

DUBLIN , Feb. 5, 2025 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) will host a conference call and webcast presentation at 8:00 a.m. ET (1:00 p.m.

16 days ago - PRNewsWire

Alkermes to Present at the 43rd Annual J.P. Morgan Healthcare Conference

DUBLIN , Jan. 2, 2025 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) announced today that its Chief Executive Officer, Richard Pops, will provide a corporate overview and update at the 43rd Annual J.P. M...

7 weeks ago - PRNewsWire

Alkermes to Participate in Upcoming Investor Conferences

DUBLIN , Nov. 25, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) announced today that management will participate in two upcoming investor conferences. 7th Annual Evercore ISI HealthCONx Conference ...

3 months ago - PRNewsWire

Alkermes: Products Sales, ALKS 2680 Can Still Drive Long-Term Growth

Alkermes has shifted from royalty-based revenues to proprietary product sales, driven by strong growth in Lybalvi, Vivitrol, and Aristada. ALKS 2680, a Phase 2 orexin-2 receptor agonist for narcolepsy...

3 months ago - Seeking Alpha

Alkermes to Participate in Two Upcoming Investor Conferences

DUBLIN , Nov. 11, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) announced today that management will participate at two upcoming investor conferences. Stifel Healthcare Conference Date/Time: Monday...

3 months ago - PRNewsWire

Alkermes Highlights Presentations From Across Neuroscience Portfolio at Key Fall 2024 Scientific Conferences

– 12 Poster Presentations Showcase Research in Schizophrenia, Bipolar I Disorder and Narcolepsy – – Results Presented From Real-World Retrospective Study of Healthcare Resource Utilization and Treatme...

3 months ago - PRNewsWire

Alkermes plc (ALKS) Q3 2024 Earnings Call Transcript

Alkermes plc (NASDAQ:ALKS) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Sandra Coombs - Senior Vice President of Investor Relations and Corporate Affairs Richard ...

4 months ago - Seeking Alpha

Alkermes plc Reports Third Quarter 2024 Financial Results

— Third Quarter Revenues of $378.1 Million — — Net Sales of Proprietary Products Increased Approximately 18% Year-Over-Year — — GAAP Net Income from Continuing Operations of $92.8 Million and Diluted ...

4 months ago - PRNewsWire

Alkermes to Report Third Quarter Financial Results on October 24, 2024

DUBLIN , Oct. 17, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) will host a conference call and webcast presentation at 8:00 a.m. ET (1:00 p.m.

4 months ago - PRNewsWire

Alkermes to Host Investor Event to Review Orexin Portfolio Strategy

DUBLIN , Sept. 25, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) announced today that it will host an investor event for financial analysts and institutional investors on Wednesday, Oct. 9, 2024 st...

5 months ago - PRNewsWire

Alkermes to Present Positive Clinical Data From Phase 1b Study of ALKS 2680 in Patients With Narcolepsy Type 2 and Idiopathic Hypersomnia at Sleep Europe 2024

̶  Data From Narcolepsy Type 2 Cohort of ALKS 2680 Phase 1b Study to be Presented in Oral Presentation  ̶ ̶  Data From Idiopathic Hypersomnia Cohort of ALKS 2680 Phase 1b Study Accepted for Poster Pre...

5 months ago - PRNewsWire

Alkermes Announces Launch of 7th Annual Alkermes Pathways Research Awards® Program

—  Competitive Grant Program to Offer Individual Grants of Up to $100,000 per Project  — —  Application Period to Run From Sept. 20, 2024 Through Nov. 30, 2024  — DUBLIN , Sept.

5 months ago - PRNewsWire

Alkermes to Participate in the Morgan Stanley 22nd Annual Global Healthcare Conference

DUBLIN , Aug. 28, 2024  /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) announced today that management will participate in a fireside chat presentation at the Morgan Stanley 22nd Annual Global Healthcare...

6 months ago - PRNewsWire

Alkermes Announces Initiation of Vibrance-2 Phase 2 Study Evaluating ALKS 2680 for the Treatment of Narcolepsy Type 2

DUBLIN , Aug. 22, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) today announced initiation of the Vibrance-2 study, a phase 2 clinical trial evaluating the safety and efficacy of ALKS 2680 compared...

6 months ago - PRNewsWire

Alkermes plc (ALKS) Q2 2024 Earnings Call Transcript

Alkermes plc (NASDAQ:ALKS) Q2 2024 Earnings Conference Call July 24, 2024 8:00 AM ET Company Participants Sandra Coombs - Senior Vice President, Investor Relations and Corporate Affairs Blair Jackson...

7 months ago - Seeking Alpha

Alkermes plc Reports Second Quarter 2024 Financial Results

—    Second Quarter Revenues of $399.1 Million — —    Net Sales of Proprietary Products Increased Approximately 16% Year-Over-Year — —    GAAP Net Income from Continuing Operations of $94.7 Million an...

7 months ago - PRNewsWire

Alkermes to Report Second Quarter Financial Results on July 24, 2024

DUBLIN , July 17, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) will host a conference call and webcast presentation at 8:00 a.m. ET (1:00 p.m.

7 months ago - PRNewsWire

Alkermes Presents Data From Phase 1b Study of ALKS 2680 Demonstrating Improved Wakefulness in Patients With Narcolepsy Type 1 at SLEEP 2024

— Orexin 2 Receptor Agonist ALKS 2680 Demonstrated Clinically Meaningful and Statistically Significant Improvements from Baseline in Mean Sleep Latency Compared to Placebo at All Doses Tested — — ALKS...

9 months ago - PRNewsWire

Alkermes to Present New Clinical Data for ALKS 2680 at SLEEP 2024

– Late-Breaking Abstracts Containing Data From the Full Narcolepsy Type 1 Cohort From the ALKS 2680 Phase 1b Study and Vibrance-1 Phase 2 Study Design Accepted for Poster Presentations – – Findings Fr...

9 months ago - PRNewsWire

The Bottom Fishing Club: Alkermes Has Great Value And Safety

Alkermes is positioned for outperformance in the pharmaceutical sector due to its conservative cash-heavy balance sheet and high-margin business model. The company focuses on therapies for alcohol dep...

10 months ago - Seeking Alpha

Alkermes Highlights Data Presentations Related to its Psychiatry Franchise at Spring 2024 Scientific Conferences

̶  Results from Long-Term Safety Study and Data from Healthcare Resource Utilization Research Offer Insights into Treatment Experiences for People Living with Schizophrenia or Bipolar I Disorder  ̶ DU...

10 months ago - PRNewsWire

Alkermes plc Completes Sale of Athlone, Ireland Facility to Novo Nordisk

DUBLIN , May 2, 2024 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) has completed the previously announced sale of its development and manufacturing facility in Athlone, Ireland to Novo Nordisk. In conne...

10 months ago - PRNewsWire

Alkermes plc Reports First Quarter 2024 Financial Results

—    First Quarter Revenues of $350.4 Million — —    GAAP Net Income from Continuing Operations of $38.9 Million and Diluted GAAP Earnings per Share from Continuing Operations of $0.23 — —    Company ...

10 months ago - PRNewsWire