ENTA · NASDAQ · Biotechnology

Enanta Pharmaceuticals

Develops oral RSV antivirals and immunology drugs funded by AbbVie HCV royalties.

$13.60
After-hours close−0.03 (−0.22%)
At close$13.63(−1.23%)
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Profile

Enanta Pharmaceuticals, Inc.ENTAHealth Care

Develops small-molecule drugs in virology and immunology while receiving royalties tied to AbbVie's MAVYRET/MAVIRET HCV regimen. The pipeline is wholly owned, led by RSV antivirals and oral type two immunology programs.

Discovers and develops oral small-molecule drugs for virology and immunology. Current revenue comes from royalties on worldwide AbbVie sales of MAVYRET/MAVIRET, where Enanta-discovered glecaprevir is paired with pibrentasvir.

Wholly owned development work centers on RSV antivirals, including zelicapavir and EDP-323, plus oral immunology programs aimed at KIT, STAT6, and MRGPRX2. Watertown-based operations are reported as one segment and remain concentrated in research rather than commercial sales.

The business depends on AbbVie HCV sales for royalty revenue, clinical and regulatory progress in RSV and immunology, and outcomes in patent litigation involving Pfizer's Paxlovid.

Company facts

CEOJay R. Luly, Ph.D.
ListedMar 21, 2013
ExchangeNASDAQ
HeadquartersWatertown, MA
CountryUnited States
Employees120
CIK0001177648
ISINUS29251M1062

Key statistics

Market cap$395.5M
EPS (ttm)−$2.41
P/E (ttm)−5.64
ROE-61.8%
P/B3.91
P/S6.06
Dividend yield
Beta0.97vs XLV 0.37

Year to date −5.5% · Average volume (30d) 194.7K

Analysts

Price target, next 12 months$20.00+47.1%Median of 19 analysts · vs the Aug 28 close
ConsensusBuy14 of 19 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Jun 23, 2026H.C. WainwrightReiterateBuy$56$20
Oct 1, 2025JefferiesUpgradeHoldBuy$20

Earnings

EPS

Estimate−$0.77
ReportedDue Nov 16, 2026

Revenue

Estimate$15.7M
ReportedDue Nov 16, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 10, 2026Q3 FY26−$0.51−$0.67−31.5%$16.8M$14.4M−14.3%−2.10%
May 11, 2026Q2 FY26−$0.46−$0.45+2.2%$17.0M$17.2M+0.8%−6.02%
Feb 9, 2026Q1 FY26−$0.54−$0.42+22.2%$15.9M$18.6M+17.0%+2.17%
Nov 17, 2025Q4 FY25−$1.13−$0.87+23.0%$16.0M$15.1M−5.3%−3.59%
View details

Financial highlights

12 quartersQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$14.9M$18.3M$15.1M$18.6M$17.2M$14.4M
Gross profit$14.9M$18.3M$15.1M$18.6M$16.0M$14.4M
Operating income−$24.5M−$18.9M−$18.4M−$11.3M−$11.9M−$17.2M
Net income−$22.6M−$18.3M−$18.7M−$11.9M−$13.1M−$19.5M
Diluted EPS−$1.06−$0.86−$0.87−$0.42−$0.45−$0.67
Gross margin100.0%100.0%100.0%100.0%93.0%100.0%
Operating margin-164.3%-103.2%-121.6%-60.5%-69.1%-120.0%

Fiscal years (4-quarter sums)FY21 $97.1M · FY22 $86.2M · FY23 $79.2M · FY24 $67.6M · FY25 $65.3M

Revenue by product · Q3 FY26

Royalty$14.4M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $189.5M · Total debt $55.7M · Total assets $296.9M · Shareholders' equity $101.1M

Dividends

No dividends on record.

Ownership

Institutions 94.80%27.57M sharesInsiders 4.67%1.36M sharesOther 0.53%153.6K shares

Shares outstanding 29.08M · Float 27.60M · 94.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Jupiter Topco LLC3.65M12.57%13FAug 14, 2026
Janus Henderson Group PLC3.49M12.10%13GNov 7, 2025
BlackRock, Inc.3.24M11.16%13FAug 7, 2026
Krensavage Asset Management, LLC2.87M9.86%13FAug 14, 2026
Farallon Capital Management LLC2.42M8.32%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Dec 5, 2025Jay R. Lulydirector, officer: President and CEO−4,743$14.23
Dec 5, 2025Yat Sun Orofficer: Chief Scientific Officer−2,390$14.23
Dec 5, 2025Tara Lynn Kiefferofficer: Chief Product Strategy Officer−2,106$14.23
Dec 5, 2025Brendan Luuofficer: Chief Business Officer−1,394$14.23
Dec 5, 2025Scott T. Rottinghausofficer: Chief Medical Officer−798$14.23
View details

Peers

  • Pfizer

    RSV vaccine incumbent across adult and maternal use

  • GSK (ADR)

    Adult RSV vaccine incumbent with broad age expansion

  • Sanofi (ADR)

    Beyfortus and Dupixent span RSV prophylaxis and CSU

  • Merck

    Infant RSV antibody challenger with ENFLONSIA

  • Celldex Therapeutics

    KIT-targeted urticaria biologic in late-stage trials

  • Moderna

    mRNA RSV vaccine entrant for adult prevention

  • AstraZeneca (ADR)

    Beyfortus co-owner and respiratory immunology major

CompareAfter-hours close

CompanyPriceChange
Enanta Pharmaceuticals$13.60−0.22%$395.5M6.1−21.6%
Pfizer$27.95−0.04%$159.36B36.910.02.5+2.6%
GSK (ADR)$50.57−0.51%$101.82B15.89.22.2+2.7%
Sanofi (ADR)$44.83+0.02%$107.62B78.91.9+11.2%
Merck$148.19−0.08%$366.18B118.717.25.5+5.1%
Celldex Therapeutics$39.12+0.08%$2.60B23,240.9−97.0%
Moderna$136.53−1.06%$54.75B24.6+2.1%
AstraZeneca (ADR)$161.79−0.55%$252.33B24.415.24.1+6.4%
Median36.912.64.1+2.7%