Acadia Pharmaceuticals Q2 revenue rises on DAYBUE STIX demand, lifts 2026 outlook
Acadia Pharmaceuticals Q2 revenue rises on DAYBUE STIX demand, lifts 2026 outlook
Overview
Neurology drugmaker's Q2 revenue rose 16% yr/yr, driven by DAYBUE and NUPLAZID sales
Q2 net income and EPS increased from prior year
Company raised full-year 2026 revenue outlook, citing higher DAYBUE guidance
Outlook
Acadia raises 2026 total revenue guidance to $1.24-$1.30 bln, up from $1.22-$1.28 bln
Company lifts 2026 DAYBUE sales guidance to $480-$510 mln, up from $460-$490 mln
Acadia expects topline Phase 2 remlifanserin results for Alzheimer's psychosis in Sep-Oct 2026
Result Drivers
DAYBUE DEMAND - Co said continued patient demand and robust uptake of DAYBUE STIX drove sales growth
NUPLAZID MOMENTUM - Co said NUPLAZID sales benefited from momentum in new-to-brand prescriptions and expanded sales force
Company press release: ID:nBw1rNSB8a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Product Sales |
| $307.96 mln |
|
Q2 EPS |
| $0.18 |
|
Q2 Net Income |
| $31.50 mln |
|
Q2 Operating Expenses |
| $270.12 mln |
|
Q2 Pretax Profit |
| $46.47 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 $35.00, about 36.7% above its August 3 closing price of $25.61
The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 36 three months ago
Reuters Recommended Reads
Aug 3 - Supernus, Indivior merge to strengthen neuroscience drug portfolio
Aug 4 - Harmony Biosciences Q2 WAKIX revenue beats on patient growth
Aug 4 - Pfizer Q2 results beat; raises 2026 revenue outlook
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
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