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ANI Pharmaceuticals, Inc. (ANIP) Stock Analysis

Range Bound setup

HoldVALUE-TRAP 1/5Moderate Confidence

Healthcare · Drug Manufacturers - Specialty & Generic

Earnings in 7 days (2026-05-08). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $78.66, but acceptable to hold if already in. Reasons: Concentration risk — Product: Cortrophin Gel; Concentration risk — Supplier: single source of API for each product.

ANI Pharmaceuticals is a diversified biopharma company with three businesses: Rare Disease (Cortrophin Gel, ILUVIEN), Generics (120+ products), and Brands. The company owns three manufacturing facilities in Baudette, MN and East Windsor, NJ, and acquired Alimera Sciences... Read more

$78.66+22.4% A.UpsideScore 6.3/10#5 of 29 Drug Manufacturers - Specialty & Generic
Stop $74.08Target $96.24(analyst − 13%)A.R:R 3.3:1
Analyst target$110.63+40.6%8 analysts
$96.24our TP
$78.66price
$110.63mean
$124

Hold if already holding. Not a fresh buy at $78.66, but acceptable to hold if already in. Reasons: Concentration risk — Product: Cortrophin Gel; Concentration risk — Supplier: single source of API for each product. Chart setup: RSI 51 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Score 6.3/10, moderate confidence.

Passes 5/7 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and earnings proximity 7d<=7d. Suitability: aggressive.

Thesis

Rewards
Strong earnings beat streak (4/4)
Attractive valuation
Strong growth profile
Risks
Concentration risk — Product: Cortrophin Gel
Concentration risk — Supplier: single source of API for each product
Leverage penalty (D/E 1.2): -0.5

Key Metrics

P/E (TTM)23.5
P/E (Fwd)7.4
Mkt Cap$1.8B
EV/EBITDA11.2
Profit Mgn8.9%
ROE16.2%
Rev Growth29.6%
Beta0.43
DividendNone
Rating analysts14

Quality Signals

Piotroski F8/9

Options Flow

P/C0.40bullish
IV76%elevated
Max Pain$70-11.0% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHProductCortrophin Gel
    10-K Item 1A: 'a significant portion of our net product revenues were derived from the sale of Cotrophin Gel, and we expect that sales of Cortrophin Gel will continue to account for a significant portion of our net product revenues in future years'
  • HIGHSuppliersingle source of API for each product
    10-K Item 1A: 'Generally, only a single source of API is qualified for use in each product due to the costs and time required to validate a second source of supply'

Material Events(8-K, last 90d)

  • 2026-04-07Item 4.01HIGH
    ANI Pharmaceuticals dismissed EisnerAmper LLP as independent registered public accounting firm effective April 1, 2026. No successor named in visible filing text. No disagreements with EisnerAmper on accounting principles or practices were reported.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Volume
0.0
Macd
0.7
Obv
1.0
Ma Position
4.2
Rsi
4.5
Volume distribution (falling OBV)Below 200-MA but MA still rising (+2.5%/30d) — pullback in uptrend, not confirmed weakness
GatesMomentum 2.1<4.5EARNINGS PROXIMITY 7d<=7dA.R:R 3.3 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
51 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $73.38Resistance $82.42

Price Targets

$74
$96
A.Upside+22.3%
A.R:R3.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Momentum score 2.1/10 — below 4.5 minimum
! EARNINGS_PROXIMITY:7d<=7d

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-05-08 (7d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ANIP stock a buy right now?

Hold if already holding. Not a fresh buy at $78.66, but acceptable to hold if already in. Reasons: Concentration risk — Product: Cortrophin Gel; Concentration risk — Supplier: single source of API for each product. Chart setup: RSI 51 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. Target $96.24 (+22.3%), stop $74.08 (−6.2%), A.R:R 3.3:1. Score 6.3/10, moderate confidence.

What is the ANIP stock price target?

Take-profit target: $96.24 (+22.4% upside). Target $96.24 (+22.3%), stop $74.08 (−6.2%), A.R:R 3.3:1. Stop-loss: $74.08.

What are the risks of investing in ANIP?

Concentration risk — Product: Cortrophin Gel; Concentration risk — Supplier: single source of API for each product; Leverage penalty (D/E 1.2): -0.5.

Is ANIP overvalued or undervalued?

ANI Pharmaceuticals, Inc. trades at a P/E of 23.5 (forward 7.4). TrendMatrix value score: 8.1/10. Verdict: Hold.

What do analysts say about ANIP?

14 analysts cover ANIP with a consensus score of 4.2/5. Average price target: $111.

What does ANI Pharmaceuticals, Inc. do?ANI Pharmaceuticals is a diversified biopharma company with three businesses: Rare Disease (Cortrophin Gel, ILUVIEN),...

ANI Pharmaceuticals is a diversified biopharma company with three businesses: Rare Disease (Cortrophin Gel, ILUVIEN), Generics (120+ products), and Brands. The company owns three manufacturing facilities in Baudette, MN and East Windsor, NJ, and acquired Alimera Sciences (ILUVIEN/YUTIQ) in September 2024. A significant portion of 2025 net product revenues was derived from Cortrophin Gel, and one domestic supplier accounted for approximately 17% of raw materials/API purchases.

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