BHVN — Biohaven Ltd.

NYSE · Health Care · Pharmaceuticals · CIK 1935979 ·
Last close
$15.55
Market Cap
$2.34B
52W High
$17.28
52W Low
$8.22
ADV30
3,799,170
Next earnings
2026-05-04
Biohaven Ltd., a biopharmaceutical company, focuses on the discovery, development, and commercialization of treatments for immunology, neuroscience, and oncology therapeutic areas worldwide. It develops BHV-1300, which is in Phase 2 clinical trial to treat Graves' disease and rheumatoid arthritis; BHV-1400 that is in Phase 2 clinical trial for treating IgA nephropathy; BHV-1600, which is in Phase 1 clinical trial for the treatment of peripartum cardiomyopathy; BHV-8000 that is in Phase 3 clinical trial for treating Parkinson's disease; Opakalim, which is in Phase 3 clinical trial for the treatment of focal epilepsy; BHV-2100 that is in Phase 2 clinical trial for the treatment of pain disorders; and BHV-2000, which is in Phase 2 clinical trial for treating obesity. The company is also developing BHV-1510 that is in Phase 2 clinical trial for the treatment of advanced or metastatic epithelial tumors; and BHV-1530, which is in Phase 2 clinical trial for treating urothelial cancer and other tumors. In addition, its preclinical product pipeline includes BHV-1310 for treating myasthenia gravis; BHV-1320 for treating immune mediated-diseases; BHV-1450 for treating Pemphigus, MuSK MG, and LGI-1 Encephalitis; BHV-1420 for treating membranous nephropathy; BHV-1440 for treating Graves' disease and TED; BHV-6500 for treating type 1 diabetes; BHV-1490 for treating IgM neuropathy and Waldenstrom's; BHV-8100 for treating neurodegenerative diseases; and BHV-1955 for treating tinnitus. The company was formerly known as Biohaven Research Ltd. and changed its name to Biohaven Ltd. in September 2022. Biohaven Ltd. was incorporated in 2022 and is headquartered in New Haven, Connecticut.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 0 -130,428,000 -130,532,000 466,406,000 273,074,000 336,906,000
Dec 2025 0 -142,734,000 -145,555,000 451,447,000 229,957,000 399,375,000
Sep 2025 0 -169,382,000 -173,443,000 409,123,000 184,847,000 426,283,000
Jun 2025 0 -211,701,000 -198,147,000 550,415,000 165,797,000 415,828,000

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$-594,232,000
Investing CF
$150,894,000
Financing CF
$617,764,000
CapEx
$-715,000
Dividends Paid
Buybacks
EPS Diluted TTM
$-5.67
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-2,215,068,000
Inventory
Receivables
$2,597,000
ST Investments
$74,743,000
EBIT TTM
$-654,245,000
Pretax Income TTM
$-646,572,000
Interest Exp TTM
Analysts
17

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 0 -745,378,000 -738,822,000 451,447,000 399,375,000 -609,438,000
Dec 2024 0 -885,111,000 -846,422,000 615,107,000 191,671,000 -582,453,000
Dec 2023 0 -436,051,000 -408,168,000 513,212,000 85,237,000 -331,725,000
Dec 2022 0 -567,932,000 -570,279,000 661,783,000 123,012,000 -297,689,000

TTM Snapshot

Revenues TTM
$443,853,000
NetIncome TTM
$-386,096,000
OpCashFlow TTM
$0
Assets (Latest)
$615,107,000
Forward EPS
$-1.95

Max Pain — expiry 2026-07-17

max pain strike: $11.00 · spot: $15.55 · call oi: 32,992 · put oi: 3,528
Expected Move to 2026-07-17: ±$1.62 (10.45%) — implied range $13.93$17.18 · ATM straddle on $16.00 strike

Peers — same industry

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ZLAB Zai Lab Ltd $2.31B $20.49
NKTR NEKTAR THERAPEUTICS $2.38B $70.36
NRIX Nurix Therapeutics, Inc. $2.38B $23.06
GIFOF Grifols SA $2.29B $8.85

News headlines (Yahoo Finance, 1h cache)

ARPA-H puts $160M into bespoke drug therapies; Biohaven switches up scientific leadership
2026-07-10 08:04 · Yahoo
Is Biohaven’s (BHVN) R&D Shake-Up Quietly Redefining Its Late-Stage Pipeline Strategy?
2026-07-10 06:11 · Yahoo
Biohaven Announces Scientific Leadership Transitions
2026-07-09 21:00 · Yahoo
Biohaven (BHVN) Completes Enrollment in RISE3 Trial
2026-07-09 10:40 · Yahoo
BHVN Stock Builds Momentum Ahead Of Multiple H2 2026 Clinical Data Readouts
2026-07-09 00:12 · Yahoo
Why Wall Street Is Growing More Cautious on Biohaven (BHVN)
2026-07-06 17:20 · Yahoo
Biohaven Completes Enrollment in RISE 3 Pivotal Focal Epilepsy Study with Opakalim, a Selective Kv7.2/7.3 Activator
2026-06-30 11:30 · Yahoo
Why Is BHVN Stock Falling Premarket?
2026-06-30 08:19 · Yahoo
BofA cuts ratings on four biopharma stocks over valuation and catalyst concerns
2026-06-29 16:01 · Yahoo
Biohaven Advances a New Class of Precision Immunology Therapies: First MoDE Extracellular Protein Degrader, BHV-1300, Begins Phase 3 Pivotal Trial in Graves' Disease
2026-06-29 11:30 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.