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Strength Seen in Supernus (SUPN): Can Its 5.2% Jump Turn into More Strength?

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Supernus Pharmaceuticals (SUPN - Free Report) shares rallied 5.2% in the last trading session to close at $50.44. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5% gain over the past four weeks.

Supernus Pharmaceuticals’ share price gain can likely be attributed to the growing investor confidence in its growing neuroscience business. The company's strong commercial performance has been driven by robust growth in Qelbree for ADHD, continued momentum for Gocovri, increasing collaboration revenue from Zurzuvae, and contributions from the recently launched Onapgo, resulting in solid year-over-year revenue growth across its key products. The company expects to submit a second supplier application for Onapgo to the FDA in the third quarter of 2026. Meanwhile, progress in pipeline candidates such as SPN-817 for epilepsy and SPN-820 for treatment-resistant depression has been encouraging.

This drugmaker is expected to post quarterly earnings of $0.55 per share in its upcoming report, which represents a year-over-year change of -39.6%. Revenues are expected to be $205.04 million, up 23.9% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For Supernus, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on SUPN going forward to see if this recent jump can turn into more strength down the road.

 

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Supernus is a member of the Zacks Medical - Generic Drugs industry. One other stock in the same industry, Teva Pharmaceutical Industries Ltd. (TEVA - Free Report) , finished the last trading session 4.1% lower at $33.24. TEVA has returned 0.6% over the past month.

Teva Pharmaceutical Industries' consensus EPS estimate for the upcoming report has changed -1.3% over the past month to $0.39. Compared to the company's year-ago EPS, this represents a change of -40.9%. Teva Pharmaceutical Industries currently boasts a Zacks Rank of #3 (Hold).

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