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TLPH · Talphera, Inc.

Track TLPH — free
$1.11 -0.05 (-4.31%) At close · Oct 6
Market Cap
$61.25M
Shares
51.91M
Volume · Oct 6 115.79K Avg daily vol (3M) 268.85K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$1.11 Open$1.16 Day$1.10–1.18 52W close$0.72–1.47 Avg vol 30d145K Short int701K · 1.3% float · 6.4d Short vol86% Last earningsAug 12, 2026 DataJan 2020–Oct 2026 Filing10-Q · Aug 12

Up next

Next earnings call
Oct 22, 2026 Est · unconfirmed · in 2 wks
filed Aug 12, 2026
call held Aug 12, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$1,000
Trailing 12 months
Net income (TTM)
−$15.08M
Trailing 12 months
Revenue growth YoY
—
Year over year
Operating margin
-1,474,700.0%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+127.2%
Year over year · more shares
Price change (1Y)
+22.1%
Trailing year
Short interest
1.3%
Latest settlement · 6.4 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 12, 2026
Q2 FY26

TL;DR. Talphera reported Q2 2026 results with the NEPHRO CRRT registrational study of nafamostat at 75% enrollment and on track for completion this year; the KDIGO 2026 draft guideline added nafamostat as an acceptable CRRT regional anticoagulant, and updated market research raised the projected U.S. CRRT opportunity to ~200,000 annual procedures (up 21%) for a potential 2027 launch.

Bullish
  • + Updated market research raised projected U.S. CRRT procedures in 2027 to ~200,000, a 21% increase
  • + Management believes existing cash plus ~$16M of conditional financing tranches is sufficient through potential 2027 PMA approval
  • + Company regained Nasdaq compliance with the $1 bid price rule
Bearish

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

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Neutral Momentum Neutral Sentiment Neutral Fundamentals Weak Quant / Vol Very High
Market backdrop VIX 15 · calm Equity put/call 0.57
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg +9%
above
Price vs 50-day avg −10%
below
RSI (14) 37
neutral
MACD trend Negative
52-week position 52%
mid-range
Volume (OBV) Bullish div.
accumulating
Momentum
relative strength
Neutral
1-month return −7%
trailing
6-month return +34%
trailing
YTD return −3%
this year
Relative strength +22%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $1 › 200d $1 — 50d above 200d
Institutional flow Accumulating
+11% holders QoQ · +12 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
1.35% of float · ▲ +37.8% MoM · 6.4 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
51 holders — near 3-yr high, broad support
Squeeze score 53
elevated · 0–100
Fundamentals
Weak
Revenue growth −73%
Y/Y
EPS growth −123%
Y/Y
Free cash flow $-11.4M
Balance sheet $9.9M
net cash
Quant / Vol
risk profile
Very High
Volatility 77%
annualized · 1-yr
Max drawdown −51%
past year
ATR 4.2%
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

Prior guidance period ended · from the 8-K filed Nov 12, 2025
Cash operating expenses, or selling, general and administrative, · 2025 $14M – $15M

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

Technicals

trend & momentum for long-term holders Neutral
2 · 3 · 2
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+9% Bullish
Price vs 50-day avg
−10% Bearish
RSI (14)
37 Neutral
MACD trend
Negative Bearish
52-week position
52% Neutral
Volume (OBV)
Bullish div. Bullish
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $1 › 200d $1 — 50d above 200d
Institutional flow Accumulating
+11% holders QoQ · +12 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
1.35% of float · ▲ +37.8% MoM · 6.4 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
51 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $1 Now $1 · 52% Range high $1
vs 200-day avg +9% vs 50-day avg -10%

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
TLPH
Talphera, Inc.
this stock
$61.25M -2.6% -73.1% — 1.3%
TAK
Takeda Pharmaceutical Co Ltd
$60.23B +16.1% — — 0.1%
GALDY
Galderma Group AG/ADR
$46.00B -6.7% — — 0.0%
TEVA
Teva Pharmaceutical Industries Ltd
$45.67B +25.4% +4.3% 64.3 2.7%
HLN
Haleon plc
$40.72B -12.3% — — 0.5%

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
51
% held
46.3%
Net QoQ
+2.0M sh
Top holder
Rosalind Advisors, Inc.
Held Float
View
Held by Funds
Fund positions
6
View
Short & Settlement
Short Interest Rising
Shares short
700.7K
Days to cover
6.4d
Change
+192.1K sh
View
Short Volume
Short vol %
86%
As of
Oct 6, 2026
Short Total
View
Fails to Deliver
FTD shares
341
Value
$430
As of
Aug 27, 2026
View
Off-Exchange
Off-exchange %
76.1%
Week of
Aug 31, 2026
Off-exch Lit
View
Financials
Financials
Revenue (FY)
$2.2M
Net income (FY)
$-14.3M
EPS diluted
$-1.29
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 12, 2026
This year
10
View
Proposed Sales
Value
$107
Shares
155
Filed
Dec 2, 2024
View
Exempt Offerings
Offering
$29.0M
Filed
Sep 15, 2025
View
Earnings & Events
Webcasts
Last webcast
Aug 12, 2026
View
Investor Relations
Latest news
Talphera to Participate in the H.…
Published
Sep 3, 2026
View

Performance

5D 20D 120D MTD YTD
TLPH -5.1% -6.7% +33.7% -4.3% -2.6%
SPY +2.0% +1.7% +11.3% +2.2% +14.3%
vs SPY -7.1% -8.4% +22.4% -6.5% -16.9%
Key facts CIK 1427925 CUSIP 00444T209 13F (30d) 2 filings 2 filers Visit website Investor relations