ALKS

AlkermesA

Nasdaq / Pharmaceuticals, Biotechnology & Life Sciences

At close

2026-06-02

Current thesis

The bull case is that Alkermes is emerging as a scaled neuroscience platform: Q1 revenue was $392.9M, adjusted EBITDA was $80.3M, LUMRYZ added $39.5M in a partial quarter, and REVITALYZ was positive with an sNDA path by year-end 2026. If LUMRYZ ramps as guided, the market may keep rewarding the sleep-franchise buildout and improved reported profitability.

Posture

Constructive

Lead driver

Momentum

What changed

4 setup hits (3d) with net bullish as of 2026-06-02.

What can break

Avadel integration and leverage are the biggest near-term financial risks: cash, cash equivalents, restricted cash and investments fell to $538.2M at March 31, 2026 while term loans totaled $1.525B.

Momentum

Value

Sentiment

Setup hits (3d)

4 · Net Bullish

AI TargetsBase $44.00 · Bull $52.00 · Bear $33.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-29 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade A · Constructive

Confidence Medium · Net Bullish

Target $43.65

Why

Momentum84 · Δ7d +3.7

Value65 · Δ7d -0.9

Sentiment54 · Δ7d -8.6

So what

Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendFlat

Δ7d

+3.7

Δ21d

+14.1

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.9

Δ21d

-0.3

Sentiment

33% active weight

Current posture

7d trendSoftening

Δ7d

-8.6

Δ21d

+2.6

Why this grade

Composite grade A. Momentum 84.0 / Value 65.0 / Sentiment 53.5

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$7.05B

Beta

0.44

Shares Out

165.12M

P/E (TTM)

13.9

P/S (TTM)

3.04

P/FCF (TTM)

9.42

Rev YoY

+4.2%

EPS YoY

-11.6%

Gross Margin

+86.0%

Op Margin

+23.6%

Net Debt

-$751.67M

Current Ratio

3.67

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology