Alkermes Q3 Preview: The Pipeline Looks Strong, But Earnings Tell Another StoryAlkermes is maintained at a 'Buy' with a $57 price target, driven by LUMRYZ's commercial momentum and a promising neuroscience pipeline. 3Q26 revenue is projected to rise 18% year-over-year but decline sequentially, with adjusted EPS expected to fall 64.3% due to elevated R&D and SG&A expenses. LUMRYZ's patient growth and LYBALVI's prescription trends are key near-term metrics, while Alixorexton's clinical progress bolsters long-term investment appeal.
Seeking Alpha10/29/2026Positive