Roivant Sciences Ltd. (ROIV)

NASDAQ: ROIV · IEX Real-Time Price · USD
11.23
-0.14 (-1.23%)
At close: Dec 29, 2023, 4:00 PM
11.25
+0.02 (0.18%)
After-hours: Dec 29, 2023, 7:27 PM EST
-1.23%
Market Cap 9.03B
Revenue (ttm) 103.15M
Net Income (ttm) -981.77M
Shares Out 803.92M
EPS (ttm) -1.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,193,354
Open 11.37
Previous Close 11.37
Day's Range 11.07 - 11.39
52-Week Range 6.59 - 13.24
Beta 1.31
Analysts Strong Buy
Price Target 15.94 (+41.94%)
Earnings Date Feb 12, 2024

About ROIV

Roivant Sciences Ltd., a commercial-stage biopharmaceutical company, engages in the development and commercialization of medicines for inflammation and immunology areas. The company provides Vants, a model to develop and commercialize its medicines and technologies focusing on biopharmaceutical businesses, discovery-stage companies, and health technology startups. It develops VTAMA, a novel topical for the treatment of psoriasis and atopic dermatitis; batoclimab and IMVT-1402, the fully human monoclonal antibodies targeting the neonatal Fc rece... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2014
Employees 904
Stock Exchange NASDAQ
Ticker Symbol ROIV
Full Company Profile

Financial Performance

In 2022, ROIV's revenue was $61.28 million, an increase of 10.84% compared to the previous year's $55.29 million. Losses were -$1.01 billion, 19.4% more than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ROIV stock is "Strong Buy." The 12-month stock price forecast is $15.94, which is an increase of 41.94% from the latest price.

Price Target
$15.94
(41.94% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Roivant Reports Positive Initial Phase 2 Results for Batoclimab in Graves' Disease

NEW YORK, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announced...

11 days ago - GlobeNewsWire

Roche Completes Acquisition of Telavant from Roivant, Including Rights to Novel TL1A Directed Antibody (RVT-3101) for the Treatment of Inflammatory Bowel Disease

BASEL, Switzerland and LONDON and NEW YORK, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) announced today the completion of the previously announced acquisition by Roche (SIX: RO, ROG; OTCQ...

17 days ago - GlobeNewsWire

Roivant Sciences shares drop as lupus treatment misses trial goal

Roivant Sciences Ltd. shares ROIV fell 3% premarket on Monday after the company said the experimental treatment brepocitinib failed to meet its main goal in a trial involving patients with moderate to...

4 weeks ago - Market Watch

Roivant Sciences' lupus drug fails to reduce symptoms in mid-stage study

Roivant Sciences said on Monday its experimental drug to treat autoimmune disease systemic lupus erythematosus (SLE) failed to meet the main goal of reducing symptoms in a mid-stage study.

4 weeks ago - Reuters

Roivant Reports Financial Results for the Second Quarter Ended September 30, 2023, and Provides Business Update

BASEL, Switzerland and LONDON and NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) today reported its financial results for the second quarter ended September 30, 2023, and provided ...

6 weeks ago - GlobeNewsWire

Roivant to Report Financial Results for the Second Quarter Ended September 30, 2023, and Provide Business Update on Monday, November 13, 2023

BASEL, LONDON, and NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) today announced that it will host a live conference call and webcast at 8:00 a.m. ET on Monday, November 13, 2023,...

2 months ago - GlobeNewsWire

A biotech firm founded by Vivek Ramaswamy turned $15 million into $5 billion by flipping a bowel-disease treatment that Pfizer gave it for free

Roche acquired a bowel-disease treatment from Roivant for over $7 billion, the Wall Street Journal reported. Roivant made $5 billion from the sale, after having only spent $15 million on development. ...

Other symbols: PFERHHBY
2 months ago - Business Insider

Roivant Sciences Sells Joint Venture With Pfizer to Roche for $7.1 Billion

London-based biotech firm Roivant Sciences (ROIV) agreed to sell its Telavant Holdings unit, which is co-owned by Pfizer (PFE), to Roche Holding for $7.1 billion.

Other symbols: PFERHHBY
2 months ago - Investopedia

Roivant, Pfizer shares rise as Roche agrees to buy immunology company for $7.1 billion

Shares of Roivant Sciences Ltd. ROIV, -1.13% and Pfizer Inc. PFE, -1.73% gained ground premarket on Monday after Roche Holding AG RHHBY, +0.51% agreed to buy immunology company Telavant for $7.1 billi...

Other symbols: PFERHHBY
2 months ago - Market Watch

Roche to Buy Bowel-Disease Drug From Roivant, Pfizer for More Than $7 Billion

The deal is the latest example of a big pharma company turning to the deal table to bolster its pipeline of autoimmune drugs.

Other symbols: PFERHHBY
2 months ago - WSJ

Roche Enters Into a Definitive Agreement to Acquire Telavant Including Rights to Novel TL1A Directed Antibody (RVT-3101) for the Treatment of Inflammatory Bowel Disease From Roivant

BASEL, Switzerland and LONDON and NEW YORK, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) announced today the entry into a definitive agreement with Roche (SIX: RO, ROG; OTCQX: RHHBY) to ac...

2 months ago - GlobeNewsWire

Roivant Sciences stock: Good news for Vivek Ramaswamy

Roivant Sciences (NASDAQ: ROIV) stock price surged by more than 15% in the pre-market session after the company made a successful drag exit. The shares surged to a high of $11.20, the highest level si...

2 months ago - Invezz

Roivant stock price outlook: strong pipeline is a catalyst

Roivant Sciences (NASDAQ: ROIV) stock price surged on Tuesday as investors cheered the latest developments with Immunovant (NASDAQ: IMVT). The shares jumped by more than 20% and retested the year-to-d...

3 months ago - Invezz

Roivant Announces Positive Initial IMVT-1402 Phase 1 SAD and 300 mg Subcutaneous MAD Results

NEW YORK, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage immunology company dedicated to enabling normal lives for people with autoimmune diseases, today announce...

3 months ago - GlobeNewsWire

Roivant Sciences: Is this Vivek Ramaswamy's biotech stock a buy?

Roivant Sciences (NASDAQ: ROIV) stock price has entered a major bull run as investors remain optimistic about the company's future. The shares surged to a high of $12.67 on Friday, reaching its highes...

4 months ago - Invezz

Roivant Announces Redemption Fair Market Value in Connection with Redemption of its Outstanding Warrants

BASEL, Switzerland and LONDON and NEW YORK, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) today announced the “Redemption Fair Market Value” to be used in connection with the previously ann...

4 months ago - GlobeNewsWire

Roivant Reports Financial Results for the First Quarter Ended June 30, 2023, and Provides Business Update

BASEL, Switzerland and LONDON and NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) today reported its financial results for the first quarter ended June 30, 2023, and provided an upd...

4 months ago - GlobeNewsWire

Roivant Announces Redemption of Outstanding Warrants

BASEL, Switzerland and LONDON and NEW YORK, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Roivant (Nasdaq: ROIV) today announced that it will redeem all of its outstanding public warrants (the “Public Warrants”) ...

5 months ago - GlobeNewsWire

Vivek Ramaswamy's pharmacy firm to sell experimental drug in $7B deal

Roivant Sciences is in talks to sell an experimental drug that can treat debilitating stomach diseases in a deal that could be valued at more than $7 billion.

6 months ago - New York Post

Acadia stock rallies on drug news as Roivant also climbs, while Leslie's, Theseus shares plunge and more moving stocks

Acadia Pharmaceuticals Inc.'s stock ACAD, -0.23% surged 18% in premarket trading after the company expanded drug rights to a treatment for a rare neurological disorder.

Other symbols: ACAD
6 months ago - Market Watch

Roivant in talks to sell bowel disease drug to Roche in over $7 bln deal - WSJ

Biotech company Roivant Sciences is nearing a deal to sell an experimental drug to treat inflammatory bowel diseases including ulcerative colitis and Crohn's disease to Roche in a deal that could be v...

Other symbols: RHHBY
6 months ago - Reuters

Roivant stock rallies on report of pending drug sale: WSJ

Shares of Roivant Sciences Ltd. ROIV, +1.58% surged in the extended session Thursday following a report that Roche Holding ROG, +0.62% was close to buying an experimental drug from the biotech company...

6 months ago - Market Watch

Roivant in Talks to Sell Stomach Drug to Roche in Deal Valued at More Than $7 Billion

Roivant, started by presidential candidate Vivek Ramaswamy, could seal a deal in coming days

Other symbols: RHHBY
6 months ago - WSJ

Roivant Sciences garners interest for multi-billion bowel drug - Bloomberg

Roivant Sciences Ltd is attracting interest from large pharmaceutical companies for its inflammatory bowel disease drug, Bloomberg News reported on Thursday, citing people familiar with the matter.

6 months ago - Reuters

After ‘transformative' year, Roivant aims to challenge bigger rivals in inflammation and immunology

After surviving some turbulent market conditions in its first years as a public company, Roivant Sciences Ltd. ROIV, +10.77% is taking on industry behemoths as it develops new treatments for ulcerativ...

6 months ago - Market Watch