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PCRXPacira BioSciences, Inc.Sell5.1·$25.39+1.44%
SellModerate Confidence
Investment thesis

Pacira BioSciences trades below the $1 billion minimum investable universe threshold at $890 million market cap, carries a perfect 9/9 Piotroski F-Score with exceptional free cash flow conversion, but faces 24% short interest, a put/call ratio of 7.00, and capitulation-risk RSI near 30 — making this a sub-threshold speculative situation rather than a standard investment.

Thesis pillars

  • Below Threshold Market Cap FlagStable
  • Perfect Piotroski Fcf QualityStable
  • Elevated Put Call Short Interest RiskStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Pacira BioSciences, Inc. (PCRX) Stock Analysis

Breakout setup

SellVALUE-TRAP 2/5Moderate Confidence

Healthcare · Drug Manufacturers - Specialty & Generic

Sell if holding. Analyst target reached at $25.39 — A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak growth.

Pacira BioSciences is a biopharmaceutical company commercializing three non-opioid pain therapies: EXPAREL, a long-acting local analgesic for postsurgical pain that accounted for 79% of 2025 revenue; ZILRETTA, an extended-release corticosteroid injection for osteoarthritis knee... Read more

QualityF-score9 / 9FCF yield9.87%
Stop $23.61Target $25.81(analyst − 13%)A.R:R 0.1:1
Analyst target$29.67+16.8%6 analysts
$25.81our TP
$25.39price
$29.67mean
$23
$38

Sell if holding. Analyst target reached at $25.39 — A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak growth. Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Score 5.1/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news boost analyst 0.60, earnings proximity 32d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About Pacira BioSciences, Inc.

About Pacira BioSciences, Inc.

Pacira BioSciences generated $575.1 million in net EXPAREL sales in 2025, up from $549.0 million in 2024, representing 79% of the company's total revenue, while ZILRETTA contributed $116.6 million (16% of revenue) and iovera° added $24.2 million. Under its January 2025 '5x30' strategic plan, Pacira reached 2.5 million patients treated in 2025 and is targeting more than 3 million patients annually, double-digit revenue growth, and a five-percentage-point gross margin improvement by 2030.

Pacira earns revenue from direct U.S. commercial sales of EXPAREL (bupivacaine liposome injectable suspension) across orthopedic, abdominal and colorectal, women's health, cardiothoracic, and pediatric surgical markets, plus ZILRETTA, a physician-administered, buy-and-bill corticosteroid injection for osteoarthritis knee pain now co-promoted with J&J MedTech under a July 2025 agreement. The company relies on third-party manufacturers, including Thermo Fisher and Amphenol, and stores finished goods across three warehouses maintained by two service providers, with EXPAREL requiring cold-chain distribution to preserve product integrity. Pacira has grown its portfolio through acquisitions, including Flexion Therapeutics in November 2021 and GQ Bio Therapeutics in February 2025, and continues developing PCRX-201, a Phase 2 gene therapy candidate for knee osteoarthritis from its high-capacity adenovirus vector platform.

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Pacira's own risk factors state that the company's success depends primarily on its ability to commercialize EXPAREL and ZILRETTA, which together accounted for 95% of 2025 revenue (79% and 16%, respectively), leaving results highly sensitive to formulary approvals, third-party reimbursement rates, and the NOPAIN Act's new separate Medicare reimbursement for non-opioids like EXPAREL that took effect in January 2025. The company also faces active patent litigation against WhiteOak and Qilu over EXPAREL and ZILRETTA intellectual property, an outcome that could affect the exclusivity underpinning both products' pricing power.

See also: Healthcare · Drug Manufacturers - Specialty & Generic

From Pacira BioSciences, Inc.'s most recent 10-K filing, extracted July 6, 2026.

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

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Aug 4, 202632d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Recent Analyst detected in news
Risks
Analyst target reached - limited upside remaining
Weak growth
Value-trap signals (2/5): Margin compression (op margin 2.6%), Material insider selling (6 sells, 0.10% of cap)

Key Metrics

P/E (TTM)195.3
P/E (Fwd)7.0
Mkt Cap$999M
EV/EBITDA10.0
Profit Mgn0.7%
ROE0.7%
Rev Growth5.0%
Beta0.27
DividendNone
Rating analysts13

Quality Signals

Piotroski F9/9MoatNarrow

Options Flow

P/C0.10bullish
IV77%elevated

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

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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.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.

No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

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

3 floor-breakers

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
4.1
Quality Rank
4.7
Growth Rank
4.9

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

Bollinger
0.8
Support Resistance
1.9
52w Position
8.4

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

Revenue Growth
3.8
Low model confidence on this dimension (33%).
GatesA.R:R 0.1 < 1.5@spotMomentum 6.3>=5.5Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.60EARNINGS PROXIMITY 32d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARBreakoutSuitability: Aggressive
RSI
69 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $22.00Resistance $26.21

Price Targets

$24
$26
A.Upside+1.7%
A.R:R0.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (1.7% upside)
! asymmetry at 0.1 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-08-04 (32d)

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 PCRX stock a buy right now?

Sell if holding. Analyst target reached at $25.39 — A.R:R 0.1:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Weak growth. Chart setup: Golden cross, above all MAs, RSI 69, MACD bullish. Prior stop was $23.61. Score 5.1/10, moderate confidence.

What is the PCRX stock price target?

Take-profit target: $25.81 (+1.7% upside). Prior stop was $23.61. Stop-loss: $23.61.

What are the risks of investing in PCRX?

Analyst target reached - limited upside remaining; Weak growth; Value-trap signals (2/5): Margin compression (op margin 2.6%), Material insider selling (6 sells, 0.10% of cap).

Is PCRX overvalued or undervalued?

Pacira BioSciences, Inc. trades at a P/E of 195.3 (forward 7.0). TrendMatrix value score: 7.0/10. Verdict: Sell.

What do analysts say about PCRX?

13 analysts cover PCRX with a consensus score of 3.8/5. Average price target: $30.

What does Pacira BioSciences, Inc. do?Pacira BioSciences is a biopharmaceutical company commercializing three non-opioid pain therapies: EXPAREL, a...

Pacira BioSciences is a biopharmaceutical company commercializing three non-opioid pain therapies: EXPAREL, a long-acting local analgesic for postsurgical pain that accounted for 79% of 2025 revenue; ZILRETTA, an extended-release corticosteroid injection for osteoarthritis knee pain (16% of revenue); and iovera°, a cryoanalgesia device. The company is also advancing PCRX-201, a Phase 2 gene therapy for knee osteoarthritis from its proprietary high-capacity adenovirus vector platform. Under its '5x30' strategic plan launched in January 2025, Pacira aims to reach more than 3 million patients ann

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