Alkermes plc (ALKS)

NASDAQ: ALKS · Real-Time Price · USD
29.71
-0.26 (-0.87%)
At close: Dec 20, 2024, 4:00 PM
31.51
+1.80 (6.07%)
After-hours: Dec 20, 2024, 6:34 PM EST
-0.87%
Market Cap 4.81B
Revenue (ttm) 1.51B
Net Income (ttm) 333.35M
Shares Out 161.80M
EPS (ttm) 1.97
PE Ratio 13.00
Forward PE 14.02
Dividend n/a
Ex-Dividend Date n/a
Volume 4,063,346
Open 29.76
Previous Close 29.97
Day's Range 29.53 - 30.37
52-Week Range 22.90 - 32.88
Beta 0.46
Analysts Buy
Price Target 35.42 (+19.22%)
Earnings Date Feb 13, 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

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for ALKS stock is "Buy." The 12-month stock price forecast is $35.42, which is an increase of 19.22% from the latest price.

Price Target
$35.42
(19.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

26 days 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...

27 days 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...

5 weeks 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...

6 weeks 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 ...

2 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 ...

2 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.

2 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...

3 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...

3 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.

3 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...

4 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...

4 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...

5 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...

5 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.

5 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...

7 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...

7 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...

7 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...

7 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...

8 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 ...

8 months ago - PRNewsWire

Alkermes Announces Initiation of Vibrance-1 Phase 2 Study Evaluating ALKS 2680 for the Treatment of Narcolepsy Type 1

DUBLIN , April 24, 2024 /PRNewswire/ --  Alkermes plc (Nasdaq: ALKS) today announced initiation of the Vibrance-1 study, a phase 2 clinical trial evaluating the safety and efficacy of ALKS 2680 compar...

8 months ago - PRNewsWire

Alkermes to Report First Quarter Financial Results on May 1, 2024

DUBLIN , April 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.

8 months ago - PRNewsWire

Alkermes: Waking Up Narcolepsy Treatment With Promising Trial Data

Alkermes reports positive Phase 1 results for ALKS-2680 in narcolepsy and idiopathic hypersomnia, with significant efficacy and manageable side effects. The company plans to proceed with a Phase 2 stu...

9 months ago - Seeking Alpha

Alkermes plc: Collecting The Fruits Of The 2023 Spinoff

Alkermes' spinoff transaction with Mural Oncology resulted in cost cutting and higher EBITDA margins, with strong 2023 profitability gains expected to continue into 2024. ALKS stock is currently under...

9 months ago - Seeking Alpha