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Biohaven Ltd.

$12.71 +$1.87 (+17.25%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$12.79
Day Range
$12.58$13.37
Year Range
$7.48$18.57
Market Cap
1.91B
AVG Volume
2.95M
Trailing/Forward PE
-2.74/-
PEG ratio
0.33
Dividend Yield
-
Next Earnings Date
2026-11-09
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
00.250.50.75124 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q20
26 Q10
25 Q40
25 Q30
25 Q20
25 Q10
24 Q40
24 Q30
24 Q20
24 Q10
Net Income (USD)
-400M-300M-200M-100M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-137.31M
26 Q1-130.53M
25 Q4-145.56M
25 Q3-173.44M
25 Q2-198.15M
25 Q1-221.68M
24 Q4-186.84M
24 Q3-160.3M
24 Q2-319.77M
24 Q1-179.5M
Operating Income (USD)
-400M-300M-200M-100M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-124.9M
26 Q1-130.43M
25 Q4-142.73M
25 Q3-169.38M
25 Q2-211.7M
25 Q1-221.56M
24 Q4-189.93M
24 Q3-178.17M
24 Q2-333.77M
24 Q1-183.24M
EBITDA (USD)
-400M-300M-200M-100M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-132.29M
26 Q1-127.89M
25 Q4-142.63M
25 Q3-172.12M
25 Q2-195.91M
25 Q1-218.82M
24 Q4-184.33M
24 Q3-158.37M
24 Q2-317.64M
24 Q1-177.49M
Cash Flows (USD)
-200M-150M-100M-50M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-85.55M
26 Q1-149.92M
25 Q4-130.67M
25 Q3-145.73M
25 Q2-168.17M
25 Q1-165.59M
24 Q4-170.79M
24 Q3-141.89M
24 Q2-170.75M
24 Q1-103.08M
EPS (USD)
-4-3-2-1024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.91
26 Q1-0.88
25 Q4-1.21
25 Q3-1.64
25 Q2-1.94
25 Q1-2.17
24 Q4-1.85
24 Q3-1.7
24 Q2-3.64
24 Q1-2.2
Expenses (USD)
0100M200M300M400MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q2125.35M
26 Q1130.43M
25 Q4142.74M
25 Q3169.4M
25 Q2211.93M
25 Q1222.02M
24 Q4189.98M
24 Q3178.78M
24 Q2336.72M
24 Q1183.68M
Cash & Debt (USD)
0200M400M600MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2267.87M
26 Q1347.82M
25 Q4319.14M
25 Q3260.22M
25 Q2404.98M
25 Q1322.75M
24 Q4485.99M
24 Q3378.82M
24 Q2436.95M
24 Q1283.42M
Debt ratios
-0.200.20.40.624 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Debt ratios by quarter
PeriodDebt ratios
26 Q2-0.05
26 Q10.1
25 Q40.05
25 Q3-0.07
25 Q20.15
25 Q10.33
24 Q40.54
24 Q30.44
24 Q20.55
24 Q10.49
Margins
0%25%50%75%100%20 Q120 Q220 Q320 Q421 Q121 Q2
BHVN Margins by quarter
PeriodMargins
21 Q281.34%
21 Q170.65%
20 Q471.61%
20 Q375.97%
20 Q268.47%
20 Q163.16%
Return on Capital
-2000%-1000%0%1000%2000%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Return on Capital by quarter
PeriodReturn on Capital
26 Q2-1123.47%
26 Q1-100.8%
25 Q4-279.53%
25 Q31010.74%
25 Q2-147.23%
25 Q1-85.43%
24 Q4-44.13%
24 Q3-50.73%
24 Q2-83.33%
24 Q1-59.55%
Shares Outstanding
050M100M150M200M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2150.64M
26 Q1147.62M
25 Q4120.19M
25 Q3105.82M
25 Q2102.37M
25 Q1101.94M
24 Q4101.06M
24 Q394.37M
24 Q287.77M
24 Q181.6M
Book Value Per Share (USD)
-2024624 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q20.08
26 Q10.88
25 Q40.43
25 Q3-0.16
25 Q21.31
25 Q12.55
24 Q44.19
24 Q33.35
24 Q24.37
24 Q13.69
Total Assets (USD)
0200M400M600M800M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BHVN Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2370.74M
26 Q1466.41M
25 Q4451.45M
25 Q3409.12M
25 Q2550.41M
25 Q1458.95M
24 Q4615.11M
24 Q3510.52M
24 Q2582.64M
24 Q1418.53M
Employee Count
01002003002022202320242025
BHVN Employee Count by quarter
PeriodEmployee Count
2025274
2024256
2023239
2022202
Free Cash Flow Yield
-80%-60%-40%-20%0%med -39.66%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BHVN Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-26.74%
Sep 26-21.66%
Aug 26-22.05%
Aug 26-24.53%
Aug 26-23.21%
Aug 26-27.47%
Jul 26-29.83%
Jul 26-28.12%
Jul 26-26.08%
Jul 26-25.9%
Jul 26-25.23%
Jun 26-25.44%
Jun 26-29.68%
Jun 26-35.7%
Jun 26-37.29%
May 26-36.58%
May 26-42.62%
May 26-45.97%
May 26-40.84%
May 26-52.72%
Apr 26-51.38%
Apr 26-46.24%
Apr 26-55.36%
Apr 26-51.8%
Mar 26-60.65%
Mar 26-56.85%
Mar 26-52.99%
Mar 26-51.18%
Feb 26-53.35%
Feb 26-54.72%
Feb 26-54.1%
Feb 26-52.98%
Jan 26-51.95%
Jan 26-45.49%
Jan 26-46.77%
Jan 26-55.31%
Jan 26-56.69%
Dec 25-55.12%
Dec 25-56.64%
Dec 25-53.3%
Dec 25-64.35%
Nov 25-61.27%
Nov 25-63.42%
Nov 25-74.04%
Nov 25-76.45%
Oct 25-36.71%
Oct 25-38.04%
Oct 25-39.59%
Oct 25-39.97%
Oct 25-39.94%
Sep 25-42.1%
Sep 25-44.1%
Sep 25-45.33%
Sep 25-39.79%
Aug 25-41.03%
Aug 25-40.45%
Aug 25-40.19%
Aug 25-43.19%
Aug 25-43.28%
Jul 25-47.16%
Jul 25-45.31%
Jul 25-45.7%
Jul 25-43.52%
Jun 25-45.18%
Jun 25-44.03%
Jun 25-41.18%
Jun 25-37.38%
May 25-42.99%
May 25-40.71%
May 25-39.74%
May 25-28.67%
May 25-25.4%
Apr 25-29.25%
Apr 25-28.49%
Apr 25-32.94%
Apr 25-31.22%
Mar 25-20.99%
Mar 25-20.34%
Mar 25-19.91%
Mar 25-19.44%
Feb 25-15.14%
Feb 25-15.25%
Feb 25-13.58%
Feb 25-14.64%
Jan 25-14.71%
Jan 25-14.31%
Jan 25-14.97%
Jan 25-15.32%
Jan 25-14.56%
Dec 24-15.35%
Dec 24-15.52%
Dec 24-14.63%
Dec 24-12.56%
Nov 24-12.23%
Nov 24-12.34%
Nov 24-12.68%
Nov 24-10.34%
Nov 24-10.87%
Oct 24-10.46%
Oct 24-10.44%
Price to Book
050100150200med 11.42Aug 24Dec 24Mar 25Jul 25Oct 25May 26Sep 26
BHVN Price to Book by quarter
PeriodPrice to Book
Sep 26156.65
Sep 26193.38
Aug 26189.93
Aug 26170.7
Aug 26180.44
Aug 2616.71
Jul 2615.39
Jul 2616.32
Jul 2617.6
Jul 2617.73
Jul 2618.19
Jun 2618.04
Jun 2615.47
Jun 2612.86
Jun 2612.31
May 2612.55
May 2610.77
May 269.99
May 2611.24
May 2622.23
Apr 2622.8
Apr 2625.34
Apr 2621.17
Apr 2622.62
Mar 2619.32
Mar 2620.61
Mar 2622.11
Mar 2622.9
Nov 256.28
Oct 2513.08
Oct 2512.63
Oct 2512.13
Oct 2512.02
Oct 2512.03
Sep 2511.41
Sep 2510.89
Sep 2510.6
Sep 2512.07
Aug 2511.71
Aug 2511.87
Aug 2511.95
Aug 255.79
Aug 255.78
Jul 255.3
Jul 255.52
Jul 255.47
Jul 255.75
Jun 255.54
Jun 255.68
Jun 256.07
Jun 256.69
May 255.82
May 256.14
May 256.29
May 254.83
May 255.45
Apr 254.73
Apr 254.86
Apr 254.21
Apr 254.44
Mar 256.6
Mar 256.81
Mar 256.96
Mar 257.13
Feb 2511.1
Feb 2511.02
Feb 2512.37
Feb 2511.48
Jan 2511.42
Jan 2511.75
Jan 2511.23
Jan 2510.97
Jan 2511.54
Dec 2410.95
Dec 2410.83
Dec 2411.49
Dec 2413.38
Nov 2413.74
Nov 2413.61
Nov 2413.26
Nov 2412.23
Nov 2411.64
Oct 2412.09
Oct 2412.11
Oct 2412.29
Oct 2410.89
Sep 2411.66
Sep 249.24
Sep 248.71
Sep 248.44
Aug 249.01
Aug 249.54
Aug 248.82
Aug 248.9
Aug 249.71
Jul 2411.16
Jul 249.74
Jul 2410.31
Jul 249.22
Jun 249.4
Biohaven Ltd.
BHVN
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News: BHVN

Biohaven Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into Biohaven (BHVN)

prnewswire.com · 11 Sep 2026

Biohaven Investigation Notice: SueWallSt Notifies Investors of Pending Investigation Into Biohaven (BHVN)

Biohaven shares gave up nearly 15% in a single session on September 10, 2026 following the FDA's partial clinical hold on new-patient enrollment in the BHV-7000/opakalim epilepsy trials NEW YORK, Sept. 11, 2026 /PRNewswire/ -- Biohaven Ltd (NYSE: BHVN) dropped $2.21, or about 14.73%, on September 10, 2026 after the Company disclosed that the FDA placed a partial clinical hold on new-patient enrollment in the Company's BHV-7000/opakalim epilepsy trials.

Biohaven Stock Is Sinking. Epilepsy Drug Trial Roadblock Is Only the Latest Blow.

barrons.com · 10 Sep 2026

Biohaven Stock Is Sinking. Epilepsy Drug Trial Roadblock Is Only the Latest Blow.

Biohaven says regulators placed a partial hold on a clinical study for its epilepsy drug candidate, opakalim. One rival drugmaker stands to benefit.

FDA Pauses New Enrollment for Biohaven Epilepsy Drug Program

benzinga.com · 10 Sep 2026

FDA Pauses New Enrollment for Biohaven Epilepsy Drug Program

Biohaven Ltd. (NYSE:BHVN) on Thursday announced a partial clinical hold issued by the U.S. Food and Drug Administration (FDA) on new patient enrollment for its BHV-7000 program, while maintaining timelines for its lead pivotal study in refractory focal epilepsy.

US FDA pauses new enrollment in Biohaven's epilepsy drug trials

reuters.com · 10 Sep 2026

US FDA pauses new enrollment in Biohaven's epilepsy drug trials

Biohaven said on Thursday the U.S. FDA had imposed a partial clinical hold, pausing new patient enrollment in trials of ​its experimental epilepsy drug after rodent findings, sending its ‌shares down more than 13% in premarket trading.

BlackRock Inc. Invests $196.57 Million in Biohaven Ltd. $BHVN

defenseworld.net · 28 Aug 2026

BlackRock Inc. Invests $196.57 Million in Biohaven Ltd. $BHVN

BlackRock Inc. bought a new stake in shares of Biohaven Ltd. (NYSE: BHVN) during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,210,585 shares of the company's stock, valued at approximately $196,574,000. BlackRock Inc. owned approximately 8.77% of

Why Biohaven Stock Was Rocking the Market This Week

fool.com · 28 Aug 2026

Why Biohaven Stock Was Rocking the Market This Week

Its partner is South Korean peer SK Biopharmaceuticals. It also secured a victory in a lawsuit.

Biohaven: Buy Reiterated On Opakalim License Agreement For Epilepsy And More

seekingalpha.com · 27 Aug 2026

Biohaven: Buy Reiterated On Opakalim License Agreement For Epilepsy And More

Biohaven Ltd. maintains a Buy rating, driven by pivotal trial progress in protein degraders and a key licensing deal for its Kv7 platform with SK Biopharmaceuticals. BHVN-1300's phase 3 for Graves' disease is underway; BHV-1400's phase 3 for IgA nephropathy is set to start in H2 2026. Opakalim [BHV-7000] for refractory focal epilepsy is fully enrolled in phase 2/3, with topline data expected in H2 2026 and a $350M upfront SK Biopharmaceuticals deal secured.

Biohaven: Sale Of Opakalim Rights To SK Biopharmaceuticals Makes Sense On Many Levels

seekingalpha.com · 27 Aug 2026

Biohaven: Sale Of Opakalim Rights To SK Biopharmaceuticals Makes Sense On Many Levels

Biohaven secures a transformative $795M global licensing deal with SK Biopharmaceuticals for its Kv7 ion channel platform, notably opakalim. This agreement immediately strengthens BHVN's cash position, reduces R&D costs, and extends the funding runway, addressing prior liquidity concerns. I am upgrading BHVN to Buy, citing promising degrader pipeline assets targeting large autoimmune markets and pivotal trial initiations.

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