XERS · NASDAQ · Biotechnology

Xeris Biopharma

Markets Recorlev, Gvoke and Keveyis while advancing formulation-based drug programs.

$8.48
After-hours close+0.00 (+0.06%)
At close$8.48(−1.45%)
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Profile

Xeris Biopharma Holdings, Inc.XERSHealth Care

Markets a U.S.-focused specialty portfolio across Cushing's syndrome, severe hypoglycemia, and primary periodic paralysis, with Recorlev, Gvoke, and Keveyis as the current products. A single reporting segment ties commercial execution to XeriSol and XeriJect formulation technology and partner development work.

Markets a U.S.-focused specialty biopharma portfolio anchored by Recorlev for Cushing's syndrome, Gvoke for severe hypoglycemia, and Keveyis for primary periodic paralysis. The business reports as one segment across chronic endocrine and neurological diseases.

Commercial execution is centered on specialty sales and product access, with a larger sales-and-marketing footprint than research organization. XeriSol and XeriJect formulation technology support internal candidates such as XP-8121 and partner programs.

The model depends on U.S. reimbursement, FDA-regulated product claims, and outside suppliers and manufacturers. Keveyis faces generic and branded-generic dichlorphenamide competition, while Recorlev's U.S. orphan exclusivity currently extends later than Keveyis' exclusivity.

Company facts

CEOJohn P. Shannon
ListedOct 6, 2021
ExchangeNASDAQ
HeadquartersChicago, IL
CountryUnited States
Employees435
CIK0001867096
ISINUS98422E1038

Key statistics

Market cap$1.46B
EPS (ttm)−$0.1029
P/E (ttm)−82.41
ROE-426.3%
P/B−150.56
P/S4.36
Dividend yield
Beta0.79vs XLV 0.28

Year to date +15.3% · Average volume (30d) 1.6M

Analysts

Price target, next 12 months$12.00+41.5%Median of 11 analysts · vs the Aug 28 close
ConsensusBuy10 of 11 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 20, 2026BarclaysReiterateOverweight$9$12
Dec 8, 2025BarclaysTarget$9
Oct 29, 2025OppenheimerReiterateOutperform$5$18
Nov 11, 2024Piper SandlerDowngradeOverweightNeutral

Earnings

EPS

Estimate$0.02
ReportedDue Nov 5, 2026

Revenue

Estimate$101.6M
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26$0.01−$0.18−1,582.7%$90.1M$91.0M+1.0%−9.25%
May 7, 2026Q1 FY26$0.00$0.01$79.8M$82.5M+3.3%−1.51%
Mar 2, 2026Q4 FY25$0.03$0.06+100.0%$82.2M$85.8M+4.4%−1.33%
Nov 6, 2025Q3 FY25$0.01$0.00−65.0%$86.0M$74.4M−13.5%−3.63%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$60.1M$71.5M$74.4M$85.8M$83.1M$92.1M
Gross profit$51.4M$56.9M$63.4M$66.7M$69.8M$79.6M
Operating income−$3.1M$4.5M$6.7M$16.8M$7.9M$5.2M
Net income−$9.2M−$1.9M$621.0K$11.1M$2.2M−$31.1M
Diluted EPS−$0.06−$0.01$0.00$0.06$0.01−$0.18
Gross margin85.5%79.6%85.2%77.8%84.0%86.4%
Operating margin-5.1%6.3%9.0%19.5%9.5%5.6%

Fiscal years (4-quarter sums)FY21 $49.8M · FY22 $110.2M · FY23 $163.9M · FY24 $203.1M · FY25 $291.8M

Revenue by product · Q2 FY26

Product$91.0M · 89%
Keveyis$11.7M · 11%

Balance sheet, Jun 30, 2026Cash & short-term investments $121.7M · Total debt $289.4M · Total assets $411.9M · Shareholders' equity −$9.7M

Dividends

No dividends on record.

Ownership

Institutions 64.29%111.00M sharesInsiders 5.28%9.12M sharesOther 30.43%52.53M shares

Shares outstanding 172.64M · Float 164.66M · 95.4% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.14.53M8.41%13FAug 7, 2026
Vanguard Capital Management8.64M5.00%13GJul 31, 2026
D. E. Shaw & Co., Inc.7.80M4.52%13FAug 14, 2026
State Street Corp4.82M2.79%13FAug 7, 2026
Geode Capital Management, LLC4.72M2.73%13FAug 12, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 12, 2026Steven Pieperofficer: See Remarks−5,000$8.50
Aug 3, 2026Beth Hechtofficer: See Remarks−16,666$8.01
Aug 3, 2026Kevin McCullochofficer: See Remarks−15,000$8.02
Jul 7, 2026Steven Pieperofficer: See Remarks−27,600$8.52
Jul 6, 2026Steven Pieperofficer: See Remarks−17,400$8.50
View details

Peers

CompareAfter-hours close

CompanyPriceChange
Xeris Biopharma$8.48+0.06%$1.46B47.84.4+27.2%
Corcept Therapeutics$115.08+1.06%$12.31B271.128.514.8+31.7%
Amphastar Pharmaceuticals$22.010.00%$970.5M13.06.91.3+5.4%
Novo Nordisk (ADR)$45.60+0.00%$202.54B11.218.44.0+0.0%
Crinetics Pharmaceuticals$84.97+0.13%$8.99B213.3+2,336.3%
Median13.018.49.4+18.6%