
Vanda Pharmaceuticals (VNDA) Stock Forecast & Price Target
Vanda Pharmaceuticals (VNDA) Analyst Ratings
Bulls say
Vanda Pharmaceuticals Inc. has demonstrated promising financial growth, particularly with its Fanapt product, which saw a 27% year-over-year revenue increase to $29.3 million in 2Q25, and a further 31% growth in 3Q25, indicating a potential annualized run-rate nearing $120 million. The strong demand for Ponvory is evidenced by record high new patient prescriptions in 2Q25, with projected gross sales anticipated to ramp significantly from $9.4 million in its launch year to $172.8 million by 2034, supported by a positive probability of success for therapy utilization expansion. Additionally, investments in promotional programs have led to notable increases in prescription trends across all metrics, with new-patient prescriptions reaching record highs, suggesting a robust commercial strategy and sustainable revenue growth for the company.
Bears say
Vanda Pharmaceuticals Inc. has reported a decline in net product sales, with 2Q25 figures at $7.1 million, reflecting an 18% year-over-year decrease, despite a recovery to $7 million in 3Q25 with a 20% year-over-year growth. The company faces significant challenges ahead due to expected exclusivity erosion by the end of 2027, which threatens the cash flow for its psychiatry franchise just as a new formulation completes Phase 3 trials, compounded by competitive pressures from generics and new market entrants. Additionally, the cessation of promotional activities for Ponvory by JNJ has adversely affected commercial traction, eroding prescriber awareness and contributing to a negative outlook regarding future revenue potential for both Fanapt and Ponvory.
This aggregate rating is based on analysts' research of Vanda Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Vanda Pharmaceuticals (VNDA) Analyst Forecast & Price Prediction
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