OptiNose (OPTN) Stock Price, News & Analysis

Company Overview

OptiNose, Inc., a specialty pharmaceutical company, focuses on the development and commercialization of products for patients treated by ear, nose, throat, and allergy specialists in the United States. The company offers XHANCE, a therapeutic product utilizing its proprietary exhalation delivery system (EDS) that delivers a topically acting corticosteroid for the treatment of chronic rhinosinusitis with nasal polyps, as well as is in Phase IIIb clinical trial for treatment of chronic sinusitis; and Onzetra Xsail, a powder EDS device. It has a license agreement with Currax Pharmaceuticals LLC for the commercialization of Onzetra Xsail. The company was founded in 2000 and is headquartered in Yardley, Pennsylvania.

Key Stats

• Today's Range: $0.32 to $0.46
• 50-Day Range: $0.34 to $0.94
• 52-Week Range: $0.32 to $2.10
• Volume: 1.32 million shs
• Average Volume: 766,494 shs
• Market Capitalization: $55.35 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Buy

OptiNose Stock Analysis - MarketRank™

OptiNose scored higher than 78% of companies evaluated by MarketBeat, and ranked 243rd out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

OptiNose has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

OptiNose has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for OptiNose are expected to grow in the coming year, from ($0.20) to ($0.10) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of OptiNose is -1.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of OptiNose is -1.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.68% of the outstanding shares of OptiNose have been sold short.

Short Interest Ratio / Days to Cover

OptiNose has a short interest ratio ("days to cover") of 25.5, which indicates bearish sentiment.

Change versus previous month

Short interest in OptiNose has recently decreased by 1.38%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

OptiNose does not currently pay a dividend.

Dividend Growth

OptiNose does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 4.2 / 5
• Environmental Score: -2.10

Percentage of Shares Shorted

5.68% of the outstanding shares of OptiNose have been sold short.

Short Interest Ratio / Days to Cover

OptiNose has a short interest ratio ("days to cover") of 25.5, which indicates bearish sentiment.

Change versus previous month

Short interest in OptiNose has recently decreased by 1.38%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.46

News Sentiment

OptiNose has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for OptiNose this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for OPTN on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.

MarketBeat Follows

3 people have added OptiNose to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, OptiNose insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.70% of the stock of OptiNose is held by insiders.

Percentage Held by Institutions

85.60% of the stock of OptiNose is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OPTN Stock Analysis - Frequently Asked Questions

How have OPTN shares performed this year?

OptiNose's stock was trading at $1.29 at the start of the year. Since then, OPTN stock has decreased by 71.6% and is now trading at $0.3670.
View the best growth stocks for 2024 here.

How were OptiNose's earnings last quarter?

OptiNose, Inc. (NASDAQ:OPTN) issued its quarterly earnings results on Thursday, March, 7th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.01. The company earned $19.87 million during the quarter, compared to the consensus estimate of $19.90 million.

When did OptiNose IPO?

OptiNose (OPTN) raised $101 million in an initial public offering on Friday, October 13th 2017. The company issued 6,300,000 shares at $15.00-$17.00 per share. Jefferies, Piper Jaffray, BMO Capital Markets and RBC Capital Markets acted as the underwriters for the IPO.

Who are OptiNose's major shareholders?

Top institutional shareholders of OptiNose include FMR LLC (10.97%), Great Point Partners LLC (8.53%), Rosalind Advisors Inc. (5.50%) and Stonepine Capital Management LLC (3.77%). Insiders that own company stock include Ramy A Mahmoud, Peter K Miller, Michael F Marino III, Anthony J Krick, Michele Janis, Victor M Clavelli and Keith A Goldan.
View institutional ownership trends.

How do I buy shares of OptiNose?

Shares of OPTN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of OptiNose own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OptiNose investors own include NVIDIA (NVDA), CymaBay Therapeutics (CBAY), General Electric (GE), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

• Last Earnings: 3/07/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:OPTN
• CUSIP: N/A
• CIK: 1494650
• Web: www.optinose.com
• Phone: (267) 364-3500
• Fax: N/A
• Employees: 190
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $5.00
• Low Stock Price Target: $1.00
• Potential Upside/Downside: +717.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.28)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-35,480,000.00
• Net Margins: -41.16%
• Pretax Margin: -41.16%
• Return on Equity: N/A
• Return on Assets: -27.42%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.79
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $70.99 million
• Price / Sales: 0.78
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.77) per share
• Price / Book: -0.48

Miscellaneous

• Outstanding Shares: 150,830,000
• Free Float: 146,757,000
• Market Cap: $55.35 million
• Optionable: Not Optionable
• Beta: -0.07