Harmony Biosciences(HRMY)
Search documents
Top 3 Health Care Stocks That Are Preparing To Pump In Q4
Benzinga· 2025-10-06 10:23
Core Insights - The health care sector is experiencing a trend of oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Group 1: Oversold Stocks - MoonLake Immunotherapeutics (NASDAQ: MLTX) has an RSI of 21.5, with a stock price drop of approximately 86% over the past month, reaching a 52-week low of $5.95. Recent price action saw a 13% increase, closing at $8.43 [3][7] - CorVel Corp (NASDAQ: CRVL) has an RSI of 27.2, with a stock price decline of around 14% over the past month, hitting a 52-week low of $72.15. The stock rose 0.6% to close at $73.83 [4][7] - Harmony Biosciences Holdings Inc (NASDAQ: HRMY) has an RSI of 28.9, with a stock price decrease of about 24% over the past month, reaching a 52-week low of $26.26. The stock gained 2% to close at $27.28 [4][7] Group 2: Company Developments - MoonLake Immunotherapeutics reported week-16 results from its Phase 3 VELA-1 and VELA-2 trials, using HiSCR75 as the primary endpoint [7] - CorVel's CFO Brandon T. O'Brien stepped down, impacting the company's stock performance [7] - Harmony Biosciences released topline results from its Phase 3 RECONNECT Study for ZYN002 in Fragile X syndrome, highlighting a catalyst-rich pipeline and plans for future trials [7]
IBD 50 Stocks To Watch: Gold Miner Harmony Attempts To Clear Latest Buy Point
Investors· 2025-10-01 16:47
Core Insights - Harmony Gold Mining is experiencing significant stock performance, with a Relative Strength Rating (RS Rating) moving into the 80-plus level, indicating strong market leadership [1][4] - The stock has appreciated by 600% over the past three years, reflecting robust growth and investor interest [1] - Gold prices have surged more than 46% year-to-date, contributing to the positive outlook for gold mining companies like Harmony Gold [1] Company Performance - Harmony Gold Mining is actively trying to break past its latest buy point, positioning itself as a top stock to watch in the current market [1] - The company operates gold mines in South Africa, Papua New Guinea, and Australia, diversifying its geographical presence [1] - The stock has recently achieved a Relative Strength Rating upgrade, hitting a benchmark of 90-plus, further solidifying its status among leading stocks [4] Market Trends - The current market environment shows a trend of investors seeking safe-haven assets, leading to increased interest in gold stocks [4] - Harmony Gold Mining is listed among other top stocks to buy and watch, indicating its strong performance relative to peers [4]
H.C. Wainwright Reaffirms Buy on Harmony Biosciences Holdings, Inc. (HRMY) Despite Phase 3 Setback
Yahoo Finance· 2025-09-29 22:54
Core Insights - Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) is identified as a promising low-priced growth stock, with analysts at H.C. Wainwright maintaining a 'Buy' rating but lowering the price target from $70 to $55, indicating a potential upside of nearly 100% [1] - The company faced a setback with its Phase 3 RECONNECT trial for ZYN002, which did not meet its primary endpoint for treating Fragile X syndrome, attributed to a higher-than-expected placebo response [2] - Despite halting the development of ZYN002 for 22q11.2 deletion syndrome, Harmony continues to demonstrate commercial strength through its product WAKIX and maintains a solid balance sheet, supporting ongoing R&D and business development efforts [3] Company Overview - Harmony Biosciences Holdings, Inc. is a Pennsylvania-based pharmaceutical company focused on therapies for rare and neurological diseases, founded in 2017 with an emphasis on empathy and innovation [4]
HRMY Stock Down as Fragile X Syndrome Study Fails to Meet Goal
ZACKS· 2025-09-25 15:01
Core Insights - Harmony Biosciences Holdings, Inc. (HRMY) shares fell by 16.56% on September 24 following the announcement of the failure of the late-stage RECONNECT study for ZYN002 in Fragile X syndrome (FXS) [1][2] - The RECONNECT study was a randomized, double-blind, placebo-controlled trial aimed at assessing the efficacy and safety of ZYN002, a transdermal gel cannabidiol for patients aged 3 to under 30 years with FXS [1][2] - The study did not meet its primary endpoint of improving social avoidance, attributed to a higher-than-expected placebo response rate [2] Company Performance - Year-to-date, HRMY has experienced a 22.2% decline, contrasting with a 5.3% gain in the industry [3] - The company's lead drug, Wakix (pitolisant), generated revenues of $200.5 million in the second quarter [5][7] - HRMY plans to initiate phase III registrational trials for a high dose of pitolisant in narcolepsy and idiopathic hypersomnia in the fourth quarter of 2025 [5][7] Pipeline Expansion - HRMY has broadened its pipeline into rare epilepsy through the acquisition of Epygenix Therapeutics, adding EPX-100 and EPX-200 to its portfolio [6][7] - EPX-100 is currently in phase III registrational trials for Dravet Syndrome and Lennox-Gastaut Syndrome, while EPX-200 is in the pre-IND phase for developmental and epileptic encephalopathies [6]
Freeport-McMoRan, Harmony Biosciences, Cohu, And Other Big Stocks Moving Lower On Wednesday - Astera Labs (NASDAQ:ALAB), BGM Group (NASDAQ:BGM)
Benzinga· 2025-09-24 18:18
Group 1 - U.S. stocks experienced a decline, with the Dow Jones index dropping over 150 points on Wednesday [1] - Freeport-McMoRan Inc. shares fell 16.4% to $37.94 after the company provided lower third-quarter sales guidance [1] - The company reported a tragic incident at the Grasberg Block Cave mine, resulting in two fatalities and five team members missing [1] Group 2 - Zhengye Biotechnology Holding Limited shares decreased by 28.2% to $5.02 [4] - YD Bio Ltd shares fell 15% to $17.91 [4] - Harmony Biosciences Holdings, Inc. shares dropped 14.6% to $27.36 after failing to meet primary endpoints in a clinical trial [4] - Needham reduced the price target for Harmony Biosciences from $48 to $41 [4] - Cohu, Inc. shares declined 12.7% to $19.85 following an announcement of convertible senior notes offering [4] - Rigel Pharmaceuticals, Inc. shares decreased by 12.7% to $29.69 [4] - BGM Group Ltd. shares fell 12.2% to $10.31 [4] - Worthington Enterprises, Inc. shares dipped 11.3% to $53.43 after reporting first-quarter results [4] - QMMM Holdings Limited shares decreased by 11% to $97.00 [4] - Astera Labs, Inc. shares fell 10.6% to $205.65 [4] - Sandisk Corporation shares dipped 8.2% to $97.68 [4]
Freeport-McMoRan, Harmony Biosciences, Cohu, And Other Big Stocks Moving Lower On Wednesday
Benzinga· 2025-09-24 18:18
Group 1: Market Overview - U.S. stocks experienced a decline, with the Dow Jones index dropping more than 150 points on Wednesday [1] Group 2: Company-Specific News - Freeport-McMoRan Inc. shares fell 16.4% to $37.94 after the company provided third-quarter sales guidance [1] - The company reported a tragic incident at the Grasberg Block Cave mine, resulting in the fatal injuries of two team members and five others remaining missing [1] - Zhengye Biotechnology Holding Limited shares decreased by 28.2% to $5.02 [4] - YD Bio Ltd shares fell 15% to $17.91 [4] - Harmony Biosciences Holdings, Inc. shares dropped 14.6% to $27.36 after its Phase 3 clinical trial for ZYN002 in Fragile X syndrome did not meet primary endpoints, leading Needham to lower its price target from $48 to $41 [4] - Cohu, Inc. shares declined 12.7% to $19.85 following the announcement of an offering of convertible senior notes [4] - Rigel Pharmaceuticals, Inc. shares fell 12.7% to $29.69 [4] - BGM Group Ltd. shares decreased by 12.2% to $10.31 [4] - Worthington Enterprises, Inc. shares dipped 11.3% to $53.43 after reporting first-quarter results [4] - QMMM Holdings Limited shares fell 11% to $97.00 [4] - Astera Labs, Inc. shares declined 10.6% to $205.65 [4] - Sandisk Corporation shares dipped 8.2% to $97.68 [4]
Harmony Biosciences' genetic disorder drug fails to meet main goal in late-stage trial
Reuters· 2025-09-24 12:33
Core Insights - Harmony Biosciences' experimental drug for a rare genetic disorder did not achieve its primary endpoint in a late-stage clinical trial, leading to an 8% decline in the company's shares before market opening [1] Company Summary - The failure of the drug in the late-stage trial has significant implications for Harmony Biosciences, affecting investor confidence and market valuation [1]
UBS Maintains a Buy Rating on Harmony Biosciences Holdings (HRMY), Sets a $50 PT
Yahoo Finance· 2025-09-17 18:27
Group 1 - Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) is considered one of the best affordable biotech stocks to invest in, with a Buy rating maintained by UBS analyst Ashwani Verma and a price target set at $50.00 [1] - The company reported fiscal Q2 2025 results with net revenue of $200.5 million for the quarter, reflecting a 16% year-over-year growth [2] - Harmony Biosciences is initiating next-generation Pitolisant HD Phase 3 registration trials for Narcolepsy and Idiopathic Hypersomnia, targeting PDUFA in 2028 [3] Group 2 - The product WAKIX enhances histamine signaling in the brain by binding to H3 receptors and is part of a strong pipeline aimed at treating rare neurological diseases [4]
Best Stocks to Buy Now for September 2025
Forbes· 2025-09-11 10:00
Core Viewpoint - The stock market is expected to see a shift from large-cap dominance to a focus on high-growth midcap stocks in the latter part of 2025, with potential changes in interest rates and inflation impacting investor sentiment [2][27]. Group 1: Stock Recommendations - Five stocks are highlighted for September 2025, characterized by optimistic outlooks, positive cash flow, and manageable debt levels [3]. - The stocks are ranked by market capitalization, with detailed metrics provided for each [3]. Group 2: Monday.com Ltd. (MNDY) - Expected EPS growth for Monday.com is over 25%, with a price target upside above 35% [4]. - The stock price is currently $193, with an expected EPS of $0.62 for 2024 and a projected growth of 550.4% this year [5]. - The company has a positive free cash flow and a debt/free cash flow ratio under 2, indicating strong financial health [4]. Group 3: Wix.com Ltd. (WIX) - Wix.com has a strong buy rating from eight analysts, with an average price target of $214.84 and a consensus EPS target of $6.92 for 2025, up from $2.36 in 2024 [11]. - The company has seen free cash flow grow from $32 million in 2022 to $488 million in 2024, driven by increased demand for its services [11]. Group 4: Dolby Laboratories (DLB) - Dolby has a strong buy rating from two analysts, with an average price target of $102.25 and a consensus EPS target of $4 for fiscal 2025, up from $2.69 in fiscal 2024 [14]. - The company reported $68 million in operating cash flow in the last quarter and has $777 million in cash and investments on its balance sheet [15]. Group 5: Krystal Biotech (KRYS) - Krystal Biotech is rated a strong buy by seven analysts, with an average price target of $204.90 and a consensus EPS target of $5.06 for 2025, up from around $3 in 2024 [20]. - The company estimates a global market opportunity for its product Vyjuvek exceeding $1 billion, with plans for expansion into various markets [21]. Group 6: Harmony Biosciences Holdings (HRMY) - Harmony Biosciences has a strong buy rating from five analysts, with an average price target of $55.33 and a consensus EPS expectation of $3.21 for 2025, up from $2.51 in 2024 [24]. - The company's flagship product, Wakix, generated $714.7 million in sales for 2024, reflecting a 20% annual gain [25].
Harmony Biosciences Holdings, Inc. (HRMY) Presents at Cantor Global Healthcare Conference 2025 Transcript
Seeking Alpha· 2025-09-05 05:09
Company Overview - Harmony Biosciences was launched in October 2017 and is focused on growing its pipeline and company presence in the biotech sector [2][5] - The leadership team includes Jeffrey Dayno, President and CEO, who has extensive experience in clinical academic medicine and the biopharma industry, and Sandip Kapadia, Chief Financial Officer, with over 25 years in biotech and pharma [2][3] Industry Insights - The biotech industry is viewed as more dynamic and exciting compared to large pharmaceutical companies, highlighting the innovative nature of biotech [5][4]