
Overview
Biotechnology firm's Q4 2025 net revenue was $40.6 mln, slightly down yr/yr
Acute Care franchise revenue grew 57.3% yr/yr in Q4 2025
Company projects 2026 net revenue of $173 to $183 mln
Outlook
Heron expects 2026 net revenue between $173 mln and $183 mln
Company forecasts 2026 adjusted EBITDA between $10 mln and $20 mln
Heron cites improved reimbursement clarity as a factor for 2026 revenue growth
Result Drivers
ZYNRELEF ADOPTION - Enhanced distributor incentives and CMS approval of a product-specific J-Code accelerated ZYNRELEF adoption
APONVIE UTILIZATION - Inclusion in guidelines and dedicated sales team boosted APONVIE utilization
ACUTE CARE GROWTH - Strategic decisions led to 65% yr/yr net revenue growth in Acute Care franchise
Company press release: ID:nGNX6GzT8R
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Product Sales |
| $40.59 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "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 Heron Therapeutics Inc is $4.00, about 270.4% above its February 25 closing price of $1.08
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