AVDL Chart
About

Avadel Pharmaceuticals plc operates as a biopharmaceutical company in the United States. Its lead product candidate is the LUMRYZ, a formulation of sodium oxybate, which is in a Phase 3 clinical trial for the treatment of cataplexy or excessive daytime sleepiness in patients seven years of age and older with narcolepsy. The company was formerly known as Flamel Technologies SA and changed its name to Avadel Pharmaceuticals plc in January 2017. Avadel Pharmaceuticals plc was incorporated in 2015 and is headquartered in Dublin 2, Ireland. As of February 12, 2026, Avadel Pharmaceuticals plc operates as a subsidiary of Alkermes plc.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Spe Market Cap 2.12B
Enterprise Value 2.06B Income -278.00K Sales 248.52M
Book/sh 1.01 Cash/sh 0.94 Dividend Yield —
Payout 0.00% Employees 188 IPO Jun 07, 1996
P/E inf Forward P/E 27.74 PEG —
P/S 8.55 P/B 21.43 P/C —
EV/EBITDA 762.91 EV/Sales 8.29 Quick Ratio 2.15
Current Ratio 2.76 Debt/Eq 38.05 LT Debt/Eq —
EPS (ttm) 0.00 EPS next Y 0.78 EPS Growth —
Revenue Growth 54.90% Earnings 2026-03-02 ROA -0.34%
ROE -0.32% ROIC — Gross Margin 94.91%
Oper. Margin 2.50% Profit Margin -0.11% Shs Outstand 98.15M
Shs Float 91.56M Short Float 2.38% Short Ratio 1.60
Short Interest — 52W High 23.57 52W Low 6.38
Beta — Avg Volume 2.18M Volume 35.02M
Target Price $20.71 Recom Hold Prev Close $21.64
Price $21.64 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$20.71
Mean price target
2. Current target
$21.64
Latest analyst target
3. DCF / Fair value
$0.50
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$21.64
Low
$18.50
High
$23.00
Mean
$20.71

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-20 main Wells Fargo Equal-Weight → Equal-Weight $23
2025-11-07 main Wells Fargo Equal-Weight → Equal-Weight $20
2025-10-28 down UBS Buy → Neutral $20
2025-10-23 down Leerink Partners Outperform → Market Perform $19
2025-10-23 down HC Wainwright & Co. Buy → Neutral $20
2025-10-22 down Jefferies Buy → Hold $20
2025-10-22 down Needham Buy → Hold —
2025-09-05 main HC Wainwright & Co. Buy → Buy $36
2025-09-03 init Wells Fargo — → Equal-Weight $16
2025-08-21 main UBS Buy → Buy $20
2025-08-08 main HC Wainwright & Co. Buy → Buy $24
2025-05-08 reit Needham Buy → Buy $19
2025-04-09 reit Needham Buy → Buy $19
2025-03-04 reit Needham Buy → Buy $19
2025-03-04 reit HC Wainwright & Co. Buy → Buy $21
2025-03-03 reit Needham Buy → Buy $19
2025-02-11 init Deutsche Bank — → Buy $12
2025-01-13 main UBS Buy → Buy $14
2025-01-10 main Piper Sandler Overweight → Overweight $13
2025-01-10 reit HC Wainwright & Co. Buy → Buy $21
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 67025 — — Stock Gift at price 0.00 per share. MCCAMISH MARK ANTHONY Director — 2026-02-04 00:00:00 I
1 11000 — — Stock Award(Grant) at price 0.00 per share. THORNTON PETER J Director — 2025-07-29 00:00:00 D
2 11000 — — Stock Award(Grant) at price 0.00 per share. MCCAMISH MARK ANTHONY Director — 2025-07-29 00:00:00 D
3 11000 — — Stock Award(Grant) at price 0.00 per share. ENDE ERIC J Director — 2025-07-29 00:00:00 D
4 11000 — — Stock Award(Grant) at price 0.00 per share. GLASS GEOFFREY MICHAEL Director — 2025-07-29 00:00:00 D
5 11000 — — Stock Award(Grant) at price 0.00 per share. AMIN NASEEM M.D. Director — 2025-07-29 00:00:00 D
6 11000 — — Stock Award(Grant) at price 0.00 per share. PALCZUK LINDA S Director — 2025-07-29 00:00:00 D
7 12600 — — Stock Award(Grant) at price 0.00 per share. MCHUGH THOMAS S Chief Financial Officer — 2025-03-05 00:00:00 D
8 52000 — — Stock Award(Grant) at price 0.00 per share. DIVIS GREGORY J. JR. Chief Executive Officer — 2025-03-05 00:00:00 D
9 14700 — — Stock Award(Grant) at price 0.00 per share. SEURER JERAD G. General Counsel — 2025-03-05 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems20.89K-40.64K-815.01K406.84K
TaxRateForCalcs0.010.000.210.17
NormalizedEBITDA-39.72M-136.08M-93.72M-84.78M
TotalUnusualItems4.15M-13.04M-3.88M2.40M
TotalUnusualItemsExcludingGoodwill4.15M-13.04M-3.88M2.40M
NetIncomeFromContinuingOperationNetMinorityInterest-48.83M-160.28M-137.46M-77.33M
ReconciledDepreciation2.68M1.77M1.49M815.00K
ReconciledCostOfRevenue15.28M846.00K0.000.00
EBITDA-35.57M-149.12M-97.60M-82.39M
EBIT-38.25M-150.89M-99.10M-83.20M
NetInterestIncome-10.83M-9.89M-12.34M-9.94M
InterestExpense10.83M9.89M12.34M9.94M
NormalizedIncome-52.96M-147.27M-134.40M-79.32M
NetIncomeFromContinuingAndDiscontinuedOperation-48.83M-160.28M-137.46M-77.33M
TotalExpenses211.52M165.81M95.22M85.60M
TotalOperatingIncomeAsReported-42.40M-137.85M-98.56M-85.55M
DilutedAverageShares95.14M80.17M60.09M58.53M
BasicAverageShares95.14M80.17M60.09M58.53M
DilutedEPS-0.51-2.00-2.29-1.32
BasicEPS-0.51-2.00-2.29-1.32
DilutedNIAvailtoComStockholders-48.83M-160.28M-137.46M-77.33M
NetIncomeCommonStockholders-48.83M-160.28M-137.46M-77.33M
NetIncome-48.83M-160.28M-137.46M-77.33M
NetIncomeIncludingNoncontrollingInterests-48.83M-160.28M-137.46M-77.33M
NetIncomeContinuousOperations-48.83M-160.28M-137.46M-77.33M
TaxProvision-247.00K-501.00K26.02M-15.82M
PretaxIncome-49.08M-160.78M-111.44M-93.14M
OtherIncomeExpense4.15M-13.04M-3.88M2.40M
OtherNonOperatingIncomeExpenses217.00K
SpecialIncomeCharges0.00-13.13M-3.35M53.00K
GainOnSaleOfBusiness0.00
OtherSpecialCharges13.13M
RestructuringAndMergernAcquisition0.000.003.35M-53.00K
GainOnSaleOfSecurity4.15M87.00K-536.00K2.34M
NetNonOperatingInterestIncomeExpense-10.83M-9.89M-12.34M-9.94M
InterestExpenseNonOperating10.83M9.89M12.34M9.94M
OperatingIncome-42.40M-137.85M-95.22M-85.60M
OperatingExpense196.24M164.97M95.22M85.60M
DepreciationAmortizationDepletionIncomeStatement0.00
DepreciationAndAmortizationInIncomeStatement0.00
Amortization0.00
AmortizationOfIntangiblesIncomeStatement0.00
ResearchAndDevelopment15.20M13.26M20.70M17.10M
SellingGeneralAndAdministration181.04M151.71M74.52M68.50M
GrossProfit153.84M27.12M0.000.00
CostOfRevenue15.28M846.00K0.000.00
TotalRevenue169.12M27.96M0.000.00
OperatingRevenue169.12M27.96M0.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber96.52M89.83M62.88M58.62M
ShareIssued96.52M89.83M62.88M58.62M
NetDebt55.30M91.69M
TotalDebt1.70M2.62M131.02M145.00M
TangibleBookValue57.01M70.85M-37.99M61.40M
InvestedCapital73.85M87.69M108.13M220.64M
WorkingCapital85.37M97.35M45.05M171.49M
NetTangibleAssets57.01M70.90M-37.98M61.41M
CapitalLeaseObligations1.70M2.62M1.74M2.61M
CommonStockEquity73.85M87.69M-21.15M78.24M
PreferredStockEquity52.00K5.00K5.00K
TotalCapitalization73.85M87.74M70.47M220.64M
TotalEquityGrossMinorityInterest73.85M87.74M-21.14M78.24M
StockholdersEquity73.85M87.74M-21.14M78.24M
GainsLossesNotAffectingRetainedEarnings-24.58M-23.17M-26.34M-23.94M
OtherEquityAdjustments-24.58M-23.17M-26.34M-23.94M
RetainedEarnings-794.33M-745.50M-585.22M-447.76M
AdditionalPaidInCapital891.79M855.45M589.78M549.35M
CapitalStock965.00K950.00K633.00K591.00K
CommonStock965.00K898.00K628.00K586.00K
PreferredStock0.0052.00K5.00K5.00K
TotalLiabilitiesNetMinorityInterest90.39M76.96M153.93M169.02M
TotalNonCurrentLiabilitiesNetMinorityInterest41.55M40.10M98.14M148.02M
OtherNonCurrentLiabilities35.28M33.01M497.00K3.92M
TradeandOtherPayablesNonCurrent5.15M5.41M5.25M
LongTermDebtAndCapitalLeaseObligation1.12M1.69M92.39M144.10M
LongTermCapitalLeaseObligation1.12M1.69M780.00K1.71M
LongTermDebt91.61M142.40M
CurrentLiabilities48.83M36.85M55.79M21.00M
OtherCurrentLiabilities273.00K261.00K292.00K350.00K
CurrentDebtAndCapitalLeaseObligation582.00K934.00K38.63M900.00K
CurrentCapitalLeaseObligation582.00K934.00K960.00K900.00K
CurrentDebt37.67M
OtherCurrentBorrowings37.67M
PensionandOtherPostRetirementBenefitPlansCurrent6.51M7.49M1.61M3.17M
CurrentProvisions14.22M4.04M217.00K
PayablesAndAccruedExpenses27.25M24.12M15.26M16.58M
CurrentAccruedExpenses18.03M11.96M7.37M8.90M
InterestPayable0.001.65M4.92M
Payables9.22M12.16M7.89M7.68M
OtherPayable1.89M730.00K
AccountsPayable7.33M11.43M7.89M7.68M
TotalAssets164.24M164.70M132.78M247.26M
TotalNonCurrentAssets30.03M30.50M31.94M54.77M
OtherNonCurrentAssets337.00K579.00K636.00K1.10M
NonCurrentDeferredAssets0.0024.13M
NonCurrentDeferredTaxesAssets0.0024.13M
NonCurrentAccountsReceivable332.00K1.23M1.23M
GoodwillAndOtherIntangibleAssets16.84M16.84M16.84M16.84M
Goodwill16.84M16.84M16.84M16.84M
NetPPE12.86M13.08M13.24M11.49M
AccumulatedDepreciation-1.01M-881.00K-627.00K-465.00K
GrossPPE13.87M13.96M13.87M11.95M
OtherProperties12.40M12.50M12.40M11.20M
MachineryFurnitureEquipment1.47M1.47M1.47M750.00K
CurrentAssets134.21M134.20M100.84M192.49M
OtherCurrentAssets882.00K2.23M573.00K550.00K
PrepaidAssets5.15M4.37M1.52M3.18M
Inventory20.30M10.38M0.00
FinishedGoods10.14M3.05M
WorkInProcess4.96M2.04M
RawMaterials5.20M5.29M
Receivables34.10M12.10M2.25M31.54M
TaxesReceivable1.32M2.25M31.54M
AccountsReceivable34.10M12.10M0.00
CashCashEquivalentsAndShortTermInvestments73.78M105.11M96.50M157.22M
OtherShortTermInvestments22.41M73.94M22.52M106.51M
CashAndCashEquivalents51.37M31.17M73.98M50.71M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-46.91M-128.51M-71.02M-77.34M
RepaymentOfDebt0.00-38.66M-8.65M0.00
IssuanceOfCapitalStock9.25M146.06M25.32M0.00
CapitalExpenditure-716.00K-26.00K
InterestPaidSupplementalData7.18M5.25M9.66M6.47M
IncomeTaxPaidSupplementalData0.0076.00K
EndCashPosition51.37M31.17M73.98M50.71M
BeginningCashPosition31.17M73.98M50.71M71.72M
EffectOfExchangeRateChanges-639.00K455.00K-664.00K-896.00K
ChangesInCash20.84M-43.27M23.94M-20.12M
FinancingCashFlow15.97M135.34M14.54M263.00K
CashFlowFromContinuingFinancingActivities15.97M135.34M14.54M263.00K
NetOtherFinancingCharges25.64M-4.80M
ProceedsFromStockOptionExercised6.72M2.29M2.68M263.00K
NetCommonStockIssuance9.25M146.06M25.32M0.00
CommonStockIssuance9.25M146.06M25.32M0.00
NetIssuancePaymentsOfDebt0.00-38.66M-8.65M0.00
NetLongTermDebtIssuance0.00-38.66M-8.65M0.00
LongTermDebtPayments0.00-38.66M-8.65M0.00
InvestingCashFlow51.78M-50.09M79.70M56.93M
CashFlowFromContinuingInvestingActivities51.78M-50.09M79.70M56.93M
NetInvestmentPurchaseAndSale51.78M-50.09M80.41M40.45M
SaleOfInvestment327.78M187.14M83.83M102.22M
PurchaseOfInvestment-276.00M-237.23M-3.41M-61.77M
NetBusinessPurchaseAndSale0.000.0016.50M
SaleOfBusiness0.000.0016.50M
NetPPEPurchaseAndSale0.000.00-716.00K-26.00K
SaleOfPPE0.00
PurchaseOfPPE0.000.00-716.00K-26.00K
OperatingCashFlow-46.91M-128.51M-70.30M-77.31M
CashFlowFromContinuingOperatingActivities-46.91M-128.51M-70.30M-77.31M
ChangeInWorkingCapital-20.32M-3.00M24.54M3.69M
ChangeInOtherWorkingCapital-1.85M2.35M-3.53M-3.79M
ChangeInPayablesAndAccruedExpense12.33M18.44M-2.88M5.13M
ChangeInAccruedExpense16.42M16.89M227.00K895.00K
ChangeInPayable-4.09M1.54M-3.11M4.23M
ChangeInAccountPayable-4.09M1.54M-3.11M4.23M
ChangeInPrepaidAssets416.00K-2.15M30.95M-439.00K
ChangeInInventory-9.22M-9.53M0.000.00
ChangeInReceivables-21.99M-12.10M0.002.80M
ChangesInAccountReceivables-21.99M-12.10M0.000.00
OtherNonCashItems-828.00K4.06M8.09M2.30M
StockBasedCompensation20.39M15.81M7.01M8.87M
DeferredTax0.000.0026.02M-15.67M
DeferredIncomeTax0.000.0026.02M-15.67M
DepreciationAmortizationDepletion2.68M1.77M1.49M815.00K
DepreciationAndAmortization2.68M1.77M1.49M815.00K
OperatingGainsLosses13.13M
GainLossOnSaleOfBusiness0.00
NetIncomeFromContinuingOperations-48.83M-160.28M-137.46M-77.33M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for AVDL
Date User Asset Broker Type Position Size Entry Price Patterns