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ETON · Eton Pharmaceuticals, Inc.

Track ETON — free
$57.08 -0.80 (-1.38%) At close · Sep 11
Market Cap
$1.63B
Shares
28.58M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$57.08 Open$58.99 Day$56.45–59.98 52W close$14.35–64.43 Avg vol 30d601K Short int1.3M · 4.7% float · 2.0d Short vol56% Last earningsAug 13, 2026 DataJan 2020–Sep 2026 Filing10-Q · Aug 13

Up next

Next earnings call
Nov 12, 2026 Est · unconfirmed · in 9 wks
filed Aug 13, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$105.59M
Trailing 12 months
Net income (TTM)
$12.69M
Trailing 12 months
Revenue growth YoY
+98.6%
Year over year
Operating margin
15.4%
Trailing 12 months
P / E (TTM)
128.6
Trailing earnings · reciprocal yield 0.8%
FCF yield
TTM · current market cap
Return on invested capital
34.1%
Trailing 12 months
Net cash
−$1.06M
Latest balance sheet
Dividend yield
Trailing 12 months
Shares change YoY
+21.9%
Year over year · more shares
Price change (1Y)
+224.9%
Trailing year
Short interest
4.7%
Latest settlement · 2.0 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 13, 2026
Q2 FY26

TL;DR. Eton Pharmaceuticals posted record Q2 revenue of $37.6 million (+99% YoY) with adjusted EBITDA margin reaching 43%, raised 2026 revenue guidance to exceed $145 million (from >$120M) and adjusted EBITDA margin guidance to at least 35% (from >30%), completed the Hemangeol relaunch and patient conversion ahead of schedule, and added late-stage candidate ASN-001 plus U.S. rights to Impavido.

Bullish
  • + Adjusted EBITDA margin expanded to 43% from 16% a year ago
  • + Raised full-year 2026 revenue guidance to exceed $145M from >$120M
  • + Raised full-year adjusted EBITDA margin guidance to at least 35% from >30%
Bearish
  • Adjusted gross margin declined to 73% from 75% due to negative-margin ex-U.S. Increlex sales
  • $3M ASN-001 upfront licensing payment will be expensed as R&D in Q3 2026, pressuring near-term R&D spend

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Very High
Market backdrop VIX 15.8 · calm Equity put/call 0.60
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +96%
above
Price vs 50-day avg +15%
above
RSI (14) 53
neutral
MACD trend Negative
52-week position 85%
near high
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Strong
1-month return +40%
trailing
6-month return +156%
trailing
YTD return +238%
this year
Relative strength +138%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $49 › 200d $29 — 50d above 200d
Institutional flow Accumulating
+41% holders QoQ · +53 funds added
Insider flow Distributing
Net -$18.1M over 90 days · 100% sells
Short interest Falling
4.72% of float · ▼ -5.6% MoM · 2.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
163 holders — near 3-yr high, broad support
Squeeze score 56
elevated · 0–100
Fundamentals
Excellent
Revenue growth +105%
Y/Y
Gross margin 53%
contracting
Free cash flow $10.2M
Balance sheet $4.6M
net debt
Quant / Vol
risk profile
Very High
Volatility 71%
annualized · 1-yr
Max drawdown −36%
past year
ATR 5.5%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Aug 13, 2026
2026
Full year revenue at least $145M
prior FY $79.95M midpoint +81.4% Y/Y
full year 2026
Adjusted EBITDA margin Non-GAAP Initiated at least 35%
full year
Full-year adjusted gross margin Non-GAAP at least 70%
Full year R&D spending $10M – $14M

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
1 · 3 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+96% Bullish
Price vs 50-day avg
+15% Bullish
RSI (14)
53 Neutral
MACD trend
Negative Bearish
52-week position
85% Bullish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $49 › 200d $29 — 50d above 200d
Institutional flow Accumulating
+41% holders QoQ · +53 funds added
Insider flow Distributing
Net -$18.1M over 90 days · 100% sells
Short interest Falling
4.72% of float · ▼ -5.6% MoM · 2.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
163 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $14 Now $57 · 85% Range high $64
vs 200-day avg +96% vs 50-day avg +15%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Drug Manufacturers - Specialty & Generic — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
ETON
Eton Pharmaceuticals, Inc.
this stock
$1.63B +237.6% +104.9% 4.7%
TAK
Takeda Pharmaceutical Co Ltd
$58.31B +17.1% 0.1%
GALDY
Galderma Group AG/ADR
$44.03B -8.9% 0.0%
TEVA
Teva Pharmaceutical Industries Ltd
$43.22B +18.8% +4.3% 60.8 3.2%
HLN
Haleon plc
$40.41B -9.1% 0.3%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
163
% held
70.5%
Net QoQ
+2.1M sh
Top holder
Opaleye Management Inc.
Held Float
View
Held by Funds
Fund positions
114
View
Short & Settlement
Short Interest Falling
Shares short
1.3M
Days to cover
2.0d
Change
-79.8K sh
View
Short Volume
Short vol %
56%
As of
Sep 11, 2026
Short Total
View
Fails to Deliver
FTD shares
2.4K
Value
$102.1K
As of
Aug 12, 2026
View
Off-Exchange
Off-exchange %
40.8%
Week of
Aug 3, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$18.1M
Buyers / Sellers
0 / 5
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$80.0M
Net income (FY)
$-4.6M
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 13, 2026
This year
20
View
Proposed Sales
Value
$3.0M
Shares
50.0K
Filed
Aug 28, 2026
View
Exempt Offerings
Offering
$7.5M
Filed
Apr 8, 2020
View
Earnings & Events
Earnings Calls
Last call
Aug 13, 2026
View

Performance

5D 20D 120D MTD YTD
ETON -4.7% +39.9% +155.7% -5.6% +237.6%
SPY -1.2% -1.8% +17.8% -0.4% +12.1%
vs SPY -3.6% +41.7% +137.9% -5.2% +225.5%
Key facts CIK 1710340 CUSIP 29772L108 13F (30d) 83 filings 83 filers Visit website Investor relations