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PHARPharming Group N.V.Hold6.6·$12.46
HoldModerate Confidence
Investment thesis

Pharming Group is a small-cap biotech below the minimum investable market cap of $1 billion, with declining revenue of -8% but an exceptional Piotroski score of 8 out of 9, strong free cash flow conversion, and analyst targets implying 128% upside if momentum recovers.

Thesis pillars

  • Below Investable Market Cap↓Deteriorating
  • Revenue Decline Momentum Weakness↓Deteriorating
  • High Piotroski Cashflow Quality↑Improving
  • +1 more pillar — see the Why tab for full reasoning

Pillars as of Jul 3, 2026· older than 90 days

Full reasoning →

Open full analysis

Pharming Group N.V. (PHAR) Stock Analysis

Recovery setup

HoldGrowthModerate Confidence

Healthcare · Biotechnology

Hold if already holding. Not a fresh buy at $12.46, but acceptable to hold if already in. Reasons: Overbought (RSI 77); Below 200-MA, MA slope -7.0%/30d (confirmed downtrend).

Pharming Group N.V., a biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally. The company's lead product is RUCONEST, a recombinant C1... Read more

$12.46+139.4% A.UpsideScore 6.6/10#12 of 241 Biotechnology
QualityF-score9 / 9FCF yield4.82%
Stop $11.59Analyst target $29.84(−15% haircut)A.R:R 9.3:1
Analyst consensus$35.10+181.7%4 analysts with price targets
$29.84Analyst target
$12.46price
$35.10mean
$41

Hold if already holding. Not a fresh buy at $12.46, but acceptable to hold if already in. Reasons: Overbought (RSI 77); Below 200-MA, MA slope -7.0%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 77. Maintain position. Not compelling to add more. Score 6.6/10, moderate confidence.

Passes 7/8 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated Oct 28, 2026

Recent Developments — Pharming Group N.V.

Latest item Oct 28, 2026 · Generated 2026-11-05T11:29:01Z.

Thesis

Rewards
V7 quality resilience bonus: +0.2 (Q=7.3 in RISK_OFF)
Sector modifier (Healthcare): +0.5
High-quality business
Risks
Overbought (RSI 77)
Below 200-MA, MA slope -7.0%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)38.9
P/E (Fwd)69.2
Mkt Cap$882M
EV/EBITDA13.6
Profit Mgn6.3%
ROE8.7%
Rev Growth20.8%
Beta0.06
DividendNone
Analysts with ratings14

Quality Signals

Piotroski F9/9MoatNarrow

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

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

Support Resistance
1.7
52w Position
1.7
Bollinger
1.9
Gap
6.0
GatesDeath cross (50MA < 200MA)Momentum 7.2>=5.5A.R:R 9.3 ≥ 1.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Speculative
RSI
77 · Overbought
↑ 20D MA↑ 50D MA↓ 200D MADEATH CROSSSupport $9.11Resistance $13.14

Price Targets

$12
$30
A.Upside+139.4%
A.R:R9.3:1

Position Sizing

ConvictionNone
Suggested %0%
Max %0%
RegimeRisk-Off

Analyst Consensus

Analysts with ratings14
Consensus4.4/5
Avg Target$35

Earnings

B
B
M
M
2/4 beats

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 PHAR stock a buy right now?

Hold if already holding. Not a fresh buy at $12.46, but acceptable to hold if already in. Reasons: Overbought (RSI 77); Below 200-MA, MA slope -7.0%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 77. Maintain position. Not compelling to add more. Analyst target $29.84 (+139.4%), stop $11.59 (−7.5%), A.R:R 9.3:1. Score 6.6/10, moderate confidence.

What is the PHAR stock price target?

Analyst target: $29.84 (+139.4% upside). Analyst target $29.84 (+139.4%), stop $11.59 (−7.5%), A.R:R 9.3:1. Stop-loss: $11.59.

What are the risks of investing in PHAR?

Overbought (RSI 77); Below 200-MA, MA slope -7.0%/30d (confirmed downtrend).

Is PHAR overvalued or undervalued?

Pharming Group N.V. trades at a P/E of 38.9 (forward 69.2). TrendMatrix value score: 5.7/10. Verdict: Hold.

What do analysts say about PHAR?

14 analysts rate PHAR, with a consensus score of 4.4/5. 4 analysts publish price targets averaging $35.

What does Pharming Group N.V. do?Pharming Group N.V., a biopharmaceutical company, develops and commercializes protein replacement therapies and...

Pharming Group N.V., a biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally. The company's lead product is RUCONEST, a recombinant C1 esterase inhibitor for the treatment of acute attacks in adult and adolescent patients with acute hereditary angioedema (HAE); and Joenja (leniolisib), an oral small molecule PI3Kd inhibitor for the treatment of activated phosphoinositide 3-kinase delta syndrome. It also develops Joenja, an oral small molecule PI3Kd inhibitor. It has a development collaboration and license agreement with Novartis. Pharming Group N.V. was incorporated in 1988 and is headquartered in Leiden, the Netherlands.

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