Zevra Therapeutics (ZVRA) shares rallied 12.3% in the last trading session to close at $11.78. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 44.5% gain over the past four weeks.
The sudden price rise can be attributed to positive investor expectations regarding Zevra’s growth prospects, especially its marketed drug Miplyffa, which was approved by the FDA to treat a rare genetic disorder called Niemann-Pick disease type C in patients aged two years and older in September 2024. Miplyffa generated sales worth $38.6 million during the first half of 2025.
This specialty pharmaceutical company is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents a year-over-year change of +94.2%. Revenues are expected to be $26.53 million, up 619.1% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For Zevra Therapeutics, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on ZVRA going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Zevra Therapeutics belongs to the Zacks Medical - Drugs industry. Another stock from the same industry, OmniAb, Inc. (OABI), closed the last trading session 6.2% higher at $1.71. Over the past month, OABI has returned %.
OmniAb, Inc.'s consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.15. Compared to the company's year-ago EPS, this represents a change of +6.3%. OmniAb, Inc. currently boasts a Zacks Rank of #3 (Hold).
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Zevra Therapeutics, Inc. (ZVRA): Free Stock Analysis Report OmniAb, Inc. (OABI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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