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SUPN · Supernus, Inc.

Track SUPN — free
$29.72 +0.52 (+1.78%) At close · Nov 13
Market Cap
$3.51B
Shares
118.04M
Volume · Nov 13 2.07M Avg daily vol (3M) 2.68M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$29.72 Open$29.41 Day$28.81–29.92 52W close$26.16–41.83 Avg vol 30d3.5M Short int4.6M · 3.9% of shares · 3.4d Short vol74% Last earningsAug 3, 2026 DataJan 2020–Nov 2026 Filing10-Q · Oct 29

Latest documents

2026
Nov 3
Current report 8-K
Convertible note conversion rate increased after special dividend

Supernus raised the conversion rate on its 0.625% Convertible Senior Notes due 2031 from 24.0033 to 30.9355 shares per $1,000 after the September 16, 2026 special dividend, implying a conversion price of approximately $32.33 per share.

Other events
Source passage
Pursuant to the terms of the Indenture, dated March 17, 2026, by and between Supernus, Inc. (f/k/a Indivior Pharmaceuticals, Inc.; the “Company” or the “Registrant”) and U.S. Bank Trust Company, National Association (the “Indenture”), governing the Company's 0.625% Convertible Senior Notes due 2031 (the “Notes”), as a result of the Special Dividend that was declared by the Company’s board on September 16, 2026, the conversion rate per $1,000 principal amount of Notes has been increased from 24.0033 shares of the Company’s common stock to 30.9355 shares of the Company’s common stock, which reflects a conversion price of approximately $32.33 per share. Open the document at this passage
Nov 2
Current report 8-K
Merger completed with $650,000,000 secured term loan

The combined company, renamed Supernus, Inc., completed its merger with Indivior Pharmaceuticals, Inc. on November 2, 2026 and borrowed $650,000,000 under a senior secured term loan facility.

Entered into a material agreement, Completed an acquisition or sale of assets, New debt or off-balance-sheet obligation, Director or officer change, or executive pay, Charter or bylaw amendment, or fiscal year change, Regulation FD disclosure Read from the first part of this long document
3 source passages
Effective at 8:18 a.m. Eastern Time on November 2, 2026 (the “Effective Time”), Indivior Pharmaceuticals, Inc., a Delaware corporation (“Indivior”) and Supernus Pharmaceuticals, Inc., a Delaware corporation (“Supernus”) completed the previously announced business combination, pursuant to the Agreement and Plan of Merger, dated as of August 1, 2026 (the “Merger Agreement”), by and among Indivior, Artemis Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Indivior (“Merger Sub”), and Supernus. In connection with, and immediately upon completion of, the Merger, Indivior was renamed Supernus, Inc. providing for a senior secured term loan facility (the “Credit Facility”) in an aggregate principal amount of $650,000,000, all of which was borrowed on the Closing Date. Open the document at this passage
Oct 29
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Quarterly report for FY2026 Q3

Indivior Pharmaceuticals, Inc. will combine with Supernus in an all-stock merger expected to close on or about November 2, 2026. Nine-month net revenue rose 15% to $1,016 million, and it declared a $1,000 million special dividend.

Revenue $356M ▲ 13.4% Net income $137M ▲ 226.2% Diluted EPS $1.12 ▲ 239.4%
Read from the MD&A section
Oct 29
Current report 8-K
Merger expected to close November 2, 2026

Indivior said the merger is expected to close November 2, 2026, after which the combined company will operate as Supernus, Inc. and trade as “SUPN” beginning November 3, 2026.

Financial results
Source passage
In October 2026, Indivior shareholders approved the proposed merger with Supernus. The merger is expected to close on November 2, 2026, at which time the combined company will operate as Supernus, Inc. and will trade on the Nasdaq Global Select Market under the ticker symbol “SUPN” beginning November 3, 2026. Open the document at this passage
Oct 15
Current report 8-K
Shareholder vote results

At its October 15, 2026 special meeting, Indivior Pharmaceuticals, Inc. stockholders approved the share issuance in connection with the Merger, with 85,455,705 votes for, 5,563,744 against and 186,733 abstentions.

All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$1.37B
Trailing 12 months
Net income (TTM)
$451.00M
Trailing 12 months
Revenue growth YoY
+13.4%
Year over year
Operating margin
40.6%
Trailing 12 months
P / E (TTM)
8.3
Trailing earnings · reciprocal yield 12.0%
FCF yield
0.9%
TTM · current market cap
Return on invested capital
379.5%
Trailing 12 months
Net cash
−$183.00M
Latest balance sheet
Dividend yield
27.4%
Trailing 12 months
Shares change YoY
-5.4%
Year over year · fewer shares
Price change (1Y)
-0.4%
Trailing year
Short interest
3.9%
Latest settlement · 3.4 days to cover
View all 125 metrics

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Sell Momentum Very Weak Sentiment Bullish Fundamentals Strong Quant / Vol High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Sell
50 / 200-day cross No cross
Price vs 200-day avg −16%
below
Price vs 50-day avg −12%
below
RSI (14) 41
neutral
MACD trend Negative
52-week position 23%
mid-range
Volume (OBV) Bullish div.
accumulating
Momentum
relative strength
Very Weak
1-month return −8%
trailing
6-month return −21%
trailing
YTD return −17%
this year
Relative strength −22%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $34 › 200d $35 — 200d above 50d
Institutional flow Accumulating
297 of 341 funds reported for Sep 30 · net +2.7M sh shares · +40 new
Insider flow Accumulating
Net +$53.5K over 90 days · 0% sells
Short interest Rising
3.91% of shares out · ▲ +14.2% MoM · 3.4 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
341 holders — near 1-yr high, broad support
Squeeze score 59
elevated · 0–100
Fundamentals
Strong
Revenue growth +4%
Y/Y
Gross margin 80%
contracting
EPS growth +3180%
Y/Y
Free cash flow $-93.0M
Valuation P/E 8.3
below peers
Buyback $100.0M
remaining
Balance sheet $124.0M
net debt
Quant / Vol
risk profile
High
Volatility 41%
annualized · 1-yr
Max drawdown −37%
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 8-K filed Oct 29, 2026
Net Revenue · FY 2026 Maintained $1.3B – $1.37B
Aug 3, 2026 $1.3B – $1.37B changed to Oct 29, 2026 $1.3B – $1.37B
prior FY $1.24B midpoint +7.3% Y/Y
Total SUBLOCADE Net Revenue · FY 2026 Maintained $1.01B – $1.05B
Aug 3, 2026 $1.01B – $1.05B changed to Oct 29, 2026 $1.01B – $1.05B
Non-GAAP Operating Expenses* · FY 2026 Non-GAAP Maintained $430M – $450M
Aug 3, 2026 $430M – $450M changed to Oct 29, 2026 $430M – $450M
Adjusted EBITDA* · FY 2026 Non-GAAP Maintained $700M – $740M
Aug 3, 2026 $700M – $740M changed to Oct 29, 2026 $700M – $740M
Previous outlook earlier release · from the 8-K filed Aug 3, 2026

Still-open targets the latest release did not restate under the same label.

SUBLOCADE Net Revenue · FY 2026 $1.01B – $1.05B
Guided vs delivered · last 1 settled
Total net revenue full year 2025
guided $1.18B – $1.22B
$1.24B Beat +3.3%

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

Technicals

trend & momentum for long-term holders Sell
3 · 3 · 1
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−16% Bearish
Price vs 50-day avg
−12% Bearish
RSI (14)
41 Neutral
MACD trend
Negative Bearish
52-week position
23% Neutral
Volume (OBV)
Bullish div. Bullish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $34 › 200d $35 — 200d above 50d
Institutional flow Accumulating
297 of 341 funds reported for Sep 30 · net +2.7M sh shares · +40 new
Insider flow Accumulating
Net +$53.5K over 90 days · 0% sells
Short interest Rising
3.91% of shares out · ▲ +14.2% MoM · 3.4 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
341 holders — near 1-yr high, broad support
Price context
position in its 52-week range
Range low $26 Now $30 · 23% Range high $42
vs 200-day avg -16% vs 50-day avg -12%

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

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adj. EBITDA Margin non-GAAP 54% Q2 2026 —
Adjusted EBITDA non-GAAP $350M Six Months Ended June 30, 2026 —
Cash and investments $249M the 2026 quarter —
common stock repurchased $175M the quarter ended June 30, 2026 filing —
Dispense unit volume growth 18% Q2 2026 —
Gross margin 85% the three months ended June 30, 2026 filing —
New patient starts 32,816 Q2 2026 —
Non-GAAP diluted earnings per share non-GAAP $1.15 Three Months Ended June 30, 2026 —
Non-GAAP Gross Margin non-GAAP 87% Q2 2026 —
Non-GAAP Gross Profit non-GAAP $297M Q2 2026 —
Non-GAAP net income non-GAAP $142M Three Months Ended June 30, 2026 —
Non-GAAP operating expenses non-GAAP $112M Three Months Ended June 30, 2026 —
Non-GAAP research and development expenses non-GAAP $6M Three Months Ended June 30, 2026 —
Non-GAAP selling, general and administrative expenses non-GAAP $107M Three Months Ended June 30, 2026 —
oral buprenorphine medically assisted treatment (BMAT) average share 14% the three months ended June 30, 2026 filing —
Other buprenorphine-based sublingual products share of net revenue 25% the three months ended June 30, 2026 filing —
Patients prescribed SUBLOCADE since launch (U.S.) 545,000 As of June 30, 2026 —
SUBLOCADE share of net revenue 74% the three months ended June 30, 2026 filing —
SUBLOCADE share of U.S. LAI category 76% TTM Q2 2026 —
U.S. SUBLOCADE net revenue $238M Q2 2026 —
Year-to-date average share repurchase price $34.73 Year-to-date 2026 —
Year-to-date share repurchase total $300M Year-to-date 2026 —
Year-to-date shares repurchased 8,638,693 Year-to-date 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Drug Manufacturers - Specialty & Generic — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
SUPN
Supernus, Inc.
this stock
$3.51B -17.2% +4.3% 8.3 3.9%
TAK
Takeda Pharmaceutical Co Ltd
$68.47B +37.5% — — 0.1%
GALDY
Galderma Group AG
$53.23B +10.1% — — 0.0%
TEVA
Teva Pharmaceutical Industries Ltd
$51.92B +42.6% +4.3% 101.1 2.4%
JHPCY
Jiangsu Hengrui Pharmaceuticals Co., Ltd.
$40.66B — — — 0.0%

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
350
% held
107.9%
Reported
297 of 341
Top holder
BlackRock, Inc.
Held Float
View
Short & Settlement
Short Interest Rising
Shares short
4.6M
Days to cover
3.4d
Change
+575.8K sh
View
Short Volume
Short vol %
74%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
68
Value
$2.9K
As of
Oct 13, 2026
View
Off-Exchange
Off-exchange %
16.1%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net buying
Net (90d)
+$53.5K
Buyers / Sellers
1 / 0
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$1.2B
Net income (FY)
$210.0M
EPS diluted
$1.64
View
Buybacks
Authorized
$175.0M
Remaining
$100.0M
Spent Remaining
View
Filings
SEC Filings
Latest
8-K
Filed
Nov 3, 2026
This year
29

Supernus raised the conversion rate on its 0.625% Convertible Senior Notes due 2031 from 24.0033 to 30.9355 shares per $1,000 after the September 16, 2026 special dividend, implying a conversion price of approximately $32.33 per share.

View
Proposed Sales
Value
$764.6K
Shares
18.6K
Filed
Jul 10, 2026
View
Earnings & Events
Webcasts
Last webcast
Aug 3, 2026
View
Investor Relations
Latest news
Indivior Reports Third Quarter 20…
Published
Oct 29, 2026
View

Performance

5D 20D 120D MTD YTD
SUPN +13.6% -8.4% -21.4% -16.0% -17.2%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +11.0% -7.3% -21.9% -15.8% -27.8%

Capital returns

Latest dividend
$8.13 / share · ex Nov 3, 2026
Paid (TTM)
$8.13 / share · 1 payout
Dividend yield (TTM, derived)
— · history filling in
Full dividend history
Buyback program · as of Sep 30, 2026
Authorized
$175.00M
Spent (derived)
$75.00M
Remaining
$100.00M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1625297 13F (30d) 79 filings 78 filers Visit website Investor relations