NEUROCRINE BIOSCIENCES INC (NBIX) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does NEUROCRINE BIOSCIENCES INC Do?
Neurocrine Biosciences, Inc. discovers, develops, and markets pharmaceuticals for neurological, endocrine, and psychiatric disorders. The company's portfolio includes treatments for tardive dyskinesia, Parkinson's disease, endometriosis, and uterine fibroids, as well as clinical programs in various therapeutic areas. Its lead asset is INGREZZA, a VMAT2 inhibitor for the treatment of tardive dyskinesia. The company's commercial products include ONGENTYS, a catechol-O-methyltransferase inhibitor used as an adjunct therapy to levodopa/DOPA decarboxylase inhibitors for patients with Parkinson's disease; ORILISSA for the management of moderate to severe endometriosis pain in women; and ORIAHNN, a non-surgical oral medication option for the management of heavy menstrual bleeding associated with uterine fibroids in pre-menopausal women. Its product candidates in clinical development include NBI-921352 for treating pediatric patients, as well as adult focal epilepsy indications; and NBI-827104 to treat rare pediatric epilepsy and essential tremor. The company's products in clinical development also comprise NBI-1065845 for the treatment of major depressive disorder; NBI-1065846 for treating anhedonia in major depressive disorder; and NBI-118568 for the treatment of schizophrenia. It has license and collaboration agreements with Heptares Therapeutics Limited; Takeda Pharmaceutical Company Limited; Idorsia Pharmaceuticals Ltd; Xenon Pharmaceuticals Inc.; Voyager Therapeutics, Inc.; BIAL Portela & Ca, S.A.; Mitsubishi Tanabe Pharma Corporation; and AbbVie Inc. Neurocrine Biosciences, Inc. was incorporated in 1992 and is headquartered in San Diego, California. NEUROCRINE BIOSCIENCES INC (NBIX) is classified as a large-cap stock in the Healthcare sector, specifically within the Pharmaceutical Products industry. The company is led by CEO Kevin C. Gorman and employs approximately 1,200 people, headquartered in SAN DIEGO, California. With a market capitalization of $13.3B, NBIX is one of the prominent companies in the Healthcare sector.
NEUROCRINE BIOSCIENCES INC (NBIX) Stock Rating — Hold (April 2026)
As of April 2026, NEUROCRINE BIOSCIENCES INC receives a Hold rating with a composite score of 45.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.NBIX ranks #1,350 out of 4,446 stocks in our coverage universe. Within the Healthcare sector, NEUROCRINE BIOSCIENCES INC ranks #107 of 838 stocks, placing it in the top quartile of its Healthcare peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
NBIX Stock Price and 52-Week Range
NEUROCRINE BIOSCIENCES INC (NBIX) currently trades at $128.89. The stock lost $2.75 (2.1%) in the most recent trading session. The 52-week high for NBIX is $160.18, which means the stock is currently trading -19.5% from its annual peak. The 52-week low is $84.23, putting the stock 53.0% above its annual trough. Recent trading volume was 806K shares, suggesting relatively thin trading activity.
Is NBIX Overvalued or Undervalued? — Valuation Analysis
NEUROCRINE BIOSCIENCES INC (NBIX) carries a value factor score of 59/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 28.89x, compared to the Healthcare sector average of 23.63x — a premium of 22%. The price-to-book ratio stands at 4.04x, versus the sector average of 2.75x. The price-to-sales ratio is 4.91x, compared to 1.66x for the average Healthcare stock. On an enterprise value basis, NBIX trades at 22.19x EV/EBITDA, versus 6.34x for the sector.
Overall, NBIX's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
NEUROCRINE BIOSCIENCES INC Profitability — ROE, Margins, and Quality Score
NEUROCRINE BIOSCIENCES INC (NBIX) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 14.0%, compared to the Healthcare sector average of -43.5%, which is within a healthy range. Return on assets (ROA) comes in at 9.8% versus the sector average of -33.1%.
On a margin basis, NEUROCRINE BIOSCIENCES INC reports gross margins of 98.4%, compared to 71.5% for the sector. The operating margin is 21.2% (sector: -66.1%). Net profit margin stands at 16.1%, versus -58.7% for the average Healthcare stock. Revenue growth is running at 34.7% on a trailing basis, compared to 10.6% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
NBIX Debt, Balance Sheet, and Financial Health
NEUROCRINE BIOSCIENCES INC has a debt-to-equity ratio of 42.0%, compared to the Healthcare sector average of 32.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 3.39x, indicating strong short-term liquidity. Total debt on the balance sheet is $0. Cash and equivalents stand at $340M.
NBIX has a beta of 0.83, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for NEUROCRINE BIOSCIENCES INC is 73/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
NEUROCRINE BIOSCIENCES INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, NEUROCRINE BIOSCIENCES INC reported revenue of $2.68B and earnings per share (EPS) of $4.81. Net income for the quarter was $455M. Gross margin was 98.4%. Operating income came in at $592M.
In FY 2025, NEUROCRINE BIOSCIENCES INC reported revenue of $2.86B and earnings per share (EPS) of $4.81. Net income for the quarter was $479M. Gross margin was 98.2%. Revenue grew 21.4% year-over-year compared to FY 2024. Operating income came in at $619M.
In Q3 2025, NEUROCRINE BIOSCIENCES INC reported revenue of $795M and earnings per share (EPS) of $2.11. Net income for the quarter was $210M. Gross margin was 98.2%. Revenue grew 27.8% year-over-year compared to Q3 2024. Operating income came in at $239M.
In Q2 2025, NEUROCRINE BIOSCIENCES INC reported revenue of $688M and earnings per share (EPS) of $1.09. Net income for the quarter was $108M. Gross margin was 98.4%. Revenue grew 16.5% year-over-year compared to Q2 2024. Operating income came in at $146M.
Over the past 8 quarters, NEUROCRINE BIOSCIENCES INC has demonstrated a growth trajectory, with revenue expanding from $590M to $2.68B. Investors analyzing NBIX stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
NBIX Dividend Yield and Income Analysis
NEUROCRINE BIOSCIENCES INC (NBIX) does not currently pay a dividend. This is common among growth-oriented companies in the Pharmaceutical Products industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Healthcare dividend stocks may want to explore other Healthcare stocks or use the stock screener to filter by dividend yield.
NBIX Momentum and Technical Analysis Profile
NEUROCRINE BIOSCIENCES INC (NBIX) has a momentum factor score of 43/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 24/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 16/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
NBIX vs Competitors — Healthcare Sector Ranking and Peer Comparison
Within the Healthcare sector, NEUROCRINE BIOSCIENCES INC (NBIX) ranks #107 out of 838 stocks based on the Blank Capital composite score. This places NBIX in the top quartile of all Healthcare stocks in our coverage universe. Key competitors and sector peers include ASTRAZENECA PLC (AZN) with a score of 61.4/100, Sol-Gel Technologies Ltd. (SLGL) with a score of 56.6/100, VIEMED HEALTHCARE, INC. (VMD) with a score of 53.4/100, Innoviva, Inc. (INVA) with a score of 52.7/100, and JOHNSON & JOHNSON (JNJ) with a score of 51.7/100.
Comparing NBIX against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full NBIX vs S&P 500 (SPY) comparison to assess how NEUROCRINE BIOSCIENCES INC stacks up against the broader market across all factor dimensions.
NBIX Next Earnings Date
No upcoming earnings date has been announced for NEUROCRINE BIOSCIENCES INC (NBIX) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy NBIX? — Investment Thesis Summary
NEUROCRINE BIOSCIENCES INC presents a balanced picture with arguments on both sides. Low volatility (stability score 73/100) reduces downside risk.
In summary, NEUROCRINE BIOSCIENCES INC (NBIX) earns a Hold rating with a composite score of 45.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on NBIX stock.
Related Resources for NBIX Investors
Explore more research and tools: NBIX vs S&P 500 comparison, top Healthcare stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare NBIX head-to-head with peers: NBIX vs AZN, NBIX vs SLGL, NBIX vs VMD.