Acadia Pharmaceuticals Q1 revenue rises on DAYBUE growth

Acadia Pharmaceuticals

06/05/2026 21:20

Overview

Neurological drugmaker's Q1 revenue rose 10% yr/yr, driven by DAYBUE and NUPLAZID sales

Q1 net income, EPS fell from prior year as SG&A expenses increased

Company reaffirmed full-year 2026 revenue and product sales guidance

Outlook

Acadia reaffirms 2026 total revenue guidance of $1.22-$1.28 bln

Company expects 2026 NUPLAZID net product sales of $760-$790 mln

Acadia sees 2026 DAYBUE net product sales of $460-$490 mln

Result Drivers

DAYBUE SALES - Q1 revenue growth was driven by DAYBUE, which generated $101 mln in sales following a strong start and launch of DAYBUE STIX

NUPLAZID DEMAND - NUPLAZID sales rose 6% yr/yr, supported by strong new referrals and underlying demand, with performance strengthening as the quarter progressed

SG&A INVESTMENT - Higher selling, general and administrative expenses were primarily due to increased investments to support continued growth of NUPLAZID and DAYBUE

Company press release: ID:nBw6pgWnla

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Product Sales
$268.06 mln
Q1 EPS
$0.02
Q1 Net Income
$3.64 mln
Q1 Operating Expenses
$272.68 mln
Q1 Pretax Profit
$3.98 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the biotechnology & medical research peer group is "buy"

Wall Street's median 12-month price target for ACADIA Pharmaceuticals Inc is $32.00, about 43.2% above its May 5 closing price of $22.35

The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 33 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)