ETON
Eton Pharmaceuticals, Inc.
Healthcare · Drug Manufacturers - Specialty & Generic · NGM
$29.13
Data: 2026-05-15
✓ ETHICAL PASS

WEAK MOAT
HIGH
Data Confidence: 85.7%
Key Metrics

How this company measures up on the fundamentals that matter

Market Cap
$815M
Total market value of the company
15.84
Based on estimated future earnings — lower means cheaper
Rev Growth
+82.7%
Year-over-year revenue change
Profit Margin
-5.8%
How much profit the company keeps from each dollar of revenue
-18.2%
Return on equity — how efficiently it uses shareholder money
Analyst Target
$41.00
+41% from current price — median analyst estimate
Recommendation
STRONG_BUY
Consensus view from 3 analysts covering this stock
About Eton Pharmaceuticals, Inc.

Eton Pharmaceuticals, Inc., a pharmaceutical company, focuses on developing and commercializing treatments for rare diseases. Its commercial rare disease products include Increlex for the treatment of severe primary igf-1 deficiency; Alkindi Sprinkle for adrenal insufficiency; Khindivi for adrenocortical insufficiency; Galzin for Wilson disease; PKU Golike for phenylketonuria; Carglumic Acid for N-acetylglutamate synthase deficiency; Betaine Anhydrous for homocystinuria; and Nitisinone for tyrosinemia type 1. The company is also developing various product candidates, which are in late-stage development, including ET-600 for diabetes insipidus; Amglidia for neonatal diabetes mellitus; ET-700 for Wilson disease; ET-800 for adrenal insufficiency; and ZENEO hydrocortisone autoinjector for adrenal crisis. Eton Pharmaceuticals, Inc. was incorporated in 2017 and is based in Deer Park, Illinois.

https://www.etonpharma.com

Country: United States Employees: 44 Industry: Drug Manufacturers - Specialty & Generic
Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity
PASS
Core business does not involve prohibited activities
Debt Ratio
3.8% PASS
Debt must be below 33% of total assets
Cash Ratio
3.2% PASS
Interest-bearing cash below 33% of assets
Receivables
0.0% PASS
Receivables below 49% of assets
Revenue Purity
0.0% PASS
Non-compliant revenue below 5% — any excess requires purification
Valuation
$56.40
What our model estimates this business is worth per share
48.4%
Trading below fair value — margin of safety exists
Rating
OPPORTUNITY
Overall assessment combining ethics, valuation, and quality
97.8th
Ranks in the top 2% of our 13,571 screened universe
Ethical Score
97.4
Valuation Score
77.5
Quality Score
33.8
Combined
74.8

Trading at $30 against a fair value of $56, a 47% discount. Passes all ethical screens. Ranks better than 94% of screened stocks.

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

MARKUP
Price trending up with increasing momentum
2.140
Excellent risk-adjusted returns
0.1470
Suggested allocation is meaningful — the edge justifies a position
5.313
Returns exceed worst-case losses — strong risk profile
Annual Return
197.4%
Historical annualised return based on price data
-37.2%
Largest peak-to-trough decline — the worst it has been
SIDEWAYS
Price consolidating — no clear directional bias
Days in State
2
How long the current regime has persisted — longer means more stable
Market Data

Trading characteristics and market positioning

0.82
Less volatile than the market — more defensive
52W High
$32.31
10% below the year high
52W Low
$13.09
123% above the year low
Avg Volume
401,201
Average daily shares traded — higher means easier to buy and sell
4.3
Days it would take all short sellers to cover — higher means more crowded
Short % Float
8.4%
Moderate short interest
0.0%
Annual dividend as a percentage of the share price
$-0.17
Earnings per share over the last 12 months
Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

1.19
Meaningful debt load — monitor closely
1.57
Healthy liquidity position
Quick Ratio
0.98
Like current ratio but excludes inventory — stricter test
Gross Margin
59.8%
Revenue left after cost of goods — higher means pricing power
Operating Margin
21.0%
Profit from core operations before interest and tax
$11M
Positive — the business generates more cash than it spends
Revenue (TTM)
$80M
Total revenue over the last 12 months
Net Income
$-4,601,000
Loss-making — spending exceeds revenue after all costs
Analyst Coverage
Analysts
3
Target High
$52.00
Target Median
$41.00
Target Low
$31.00
Recent Insider Activity

SEC Form 4 filings — what company insiders are buying and selling

Date Insider Title Type Shares Value
2026-04-21 RIEDEL NORBERT G Director 32,155 $260,605
2026-02-03 RIEDEL NORBERT G Director 30,000 $132,600
2025-08-20 GRUBER JAMES R Chief Financial Officer 41,713 $673,714
2025-06-16 KREMPA DAVID Officer 34,000 $504,318
2025-06-10 OPALEYE MANAGEMENT, INC. Beneficial Owner of more than 10% of a Class of Security 7,930 $125,484
2025-06-05 BRYNJELSEN SEAN E Chief Executive Officer 210,000 $3,592,611
2025-01-03 RIEDEL NORBERT G Director 102,400 $373,842
2024-10-23 OPALEYE MANAGEMENT, INC. Beneficial Owner of more than 10% of a Class of Security 10,000 $79,814
2024-10-08 OPALEYE MANAGEMENT, INC. Beneficial Owner of more than 10% of a Class of Security 62,070 $434,137
2024-09-11 OPALEYE MANAGEMENT, INC. Beneficial Owner of more than 10% of a Class of Security 107,500 $504,875
Source: SEC Form 4 filings via public data. View all insider activity at
Insider Intelligence
Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-05-15

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