Why Invest In Biohaven Ltd (BHVN) Stock?

Biohaven Ltd (NYSE:BHVN) has a beta value of 4.15 and has seen 2.09 million shares traded in the last trading session. The company, currently valued at $2.31B, closed the last trade at $22.60 per share which meant it lost -$1.44 on the day or -5.99% during that session. The BHVN stock price is -146.55% off its 52-week high price of $55.72 and 5.0% above the 52-week low of $21.47. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.26 million shares traded. The 3-month trading volume is 1.01 million shares.

The consensus among analysts is that Biohaven Ltd (BHVN) is Buy stock at the moment, with a recommendation rating of 1.12. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -1.49.

Biohaven Ltd (NYSE:BHVN) trade information

Sporting -5.99% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BHVN stock price touched $22.60 or saw a rise of 25.19%. Year-to-date, Biohaven Ltd shares have moved -39.49%, while the 5-day performance has seen it change -24.34%. Over the past 30 days, the shares of Biohaven Ltd (NYSE:BHVN) have changed -29.51%. Short interest in the company has seen 7.33 million shares shorted with days to cover at 6.64.

Wall Street analysts have a consensus price target for the stock at $60.5, which means that the shares’ value could jump 62.64% from current levels. The projected low price target is $57.0 while the price target rests at a high of $65.0. In that case, then, we find that the current price level is -187.61% off the targeted high while a plunge would see the stock gain -152.21% from current levels.

Biohaven Ltd (BHVN) estimates and forecasts

The company’s shares have lost -55.69% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.

9 analysts offering their estimates for the company have set an average revenue estimate of 1.39M for the current quarter. 9 have an estimated revenue figure of 1.39M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -49.78% over the past 5 years. Earnings growth for 2025 is a modest 26.44% while over the next 5 years, the company’s earnings are expected to increase by 22.04%.

BHVN Dividends

Biohaven Ltd is expected to release its next earnings report on 2025-Mar-02 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Biohaven Ltd (NYSE:BHVN)’s Major holders

Insiders own 11.97% of the company shares, while shares held by institutions stand at 91.81% with a share float percentage of 104.30%. Investors are also buoyed by the number of investors in a company, with Biohaven Ltd having a total of 345.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 7.27 million shares worth more than $252.41 million. As of 2024-06-30, VANGUARD GROUP INC held 8.9114% of shares outstanding.

The other major institutional holder is STIFEL FINANCIAL CORP, with the holding of over 6.48 million shares as of 2024-06-30. The firm’s total holdings are worth over $224.94 million and represent 7.3839% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . As of Dec 31, 2024 , the former fund manager holds about 2.46% shares in the company for having 2.51 shares of worth $56.74 million while later fund manager owns 2.21 shares of worth $50.01 million as of Feb 28, 2025 , which makes it owner of about 2.17% of company’s outstanding stock.