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Anika Therapeutics Inc (ANIK)

Upturn stock ratingUpturn stock rating
$9.23
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/28/2025: ANIK (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $17.33

1 Year Target Price $17.33

Analysts Price Target For last 52 week
$17.33 Target price
52w Low $7.87
Current$9.23
52w High $26

Analysis of Past Performance

Type Stock
Historic Profit -3.21%
Avg. Invested days 59
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 133.08M USD
Price to earnings Ratio -
1Y Target Price 17.33
Price to earnings Ratio -
1Y Target Price 17.33
Volume (30-day avg) 3
Beta 0.64
52 Weeks Range 7.87 - 26.00
Updated Date 08/28/2025
52 Weeks Range 7.87 - 26.00
Updated Date 08/28/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.9

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-07-30
When -
Estimate -0.08
Actual -0.13

Profitability

Profit Margin -52.93%
Operating Margin (TTM) -14.81%

Management Effectiveness

Return on Assets (TTM) -2.4%
Return on Equity (TTM) -7.23%

Valuation

Trailing PE -
Forward PE 909.09
Enterprise Value 104179066
Price to Sales(TTM) 1.16
Enterprise Value 104179066
Price to Sales(TTM) 1.16
Enterprise Value to Revenue 0.91
Enterprise Value to EBITDA -72.65
Shares Outstanding 14418100
Shares Floating 10362570
Shares Outstanding 14418100
Shares Floating 10362570
Percent Insiders 4.88
Percent Institutions 89.45

ai summary icon Upturn AI SWOT

Anika Therapeutics Inc

stock logo

Company Overview

overview logo History and Background

Anika Therapeutics, founded in 1992, specializes in developing and commercializing therapeutic products for tissue protection, healing, and repair. Initially focused on hyaluronic acid (HA)-based technologies, it has expanded its portfolio through acquisitions and internal development.

business area logo Core Business Areas

  • Joint Pain Management: Anika's primary focus is on therapies for osteoarthritis, including viscosupplements that use hyaluronic acid to lubricate and cushion joints.
  • Sports Medicine: Offering products for soft tissue repair, including rotator cuff and meniscus repair, often using HA-based technologies.
  • Regenerative Solutions: Developing and marketing regenerative medicine products that promote tissue healing and regeneration.
  • Orthopedics: Offering solutions for bone healing and related orthopedic applications.

leadership logo Leadership and Structure

Anika has a management team led by its CEO, and its organizational structure typically includes departments for R&D, sales, marketing, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Monovisc: A single-injection viscosupplement for osteoarthritis knee pain. Competitors include Sanofi (SNY) and Zimmer Biomet (ZBH). Market share varies regionally but is significant in the single-injection viscosupplement market. While specific figures fluctuate, it's a key revenue driver.
  • Orthovisc: A multi-injection viscosupplement for osteoarthritis knee pain. Competitors include Sanofi (SNY) and Zimmer Biomet (ZBH). Similar to Monovisc, market share depends on region and market dynamics, also contributes significantly to revenue.
  • Cingal: A single-injection viscosupplement with triamcinolone acetonide, a corticosteroid, for osteoarthritis knee pain. Competitors include Sanofi (SNY) and Zimmer Biomet (ZBH).

Market Dynamics

industry overview logo Industry Overview

The orthopedic and sports medicine market is growing, driven by an aging population, increasing rates of osteoarthritis, and advancements in minimally invasive surgical techniques.

Positioning

Anika is positioned as a leader in hyaluronic acid-based therapies for joint pain and soft tissue repair. Its competitive advantage lies in its established brand, product portfolio, and strong relationships with orthopedic surgeons.

Total Addressable Market (TAM)

The global osteoarthritis treatment market is expected to reach tens of billions of dollars. Anika is positioned to capture a portion of this market through its viscosupplements and regenerative medicine products. It is actively developing new products to increase it's TAM.

Upturn SWOT Analysis

Strengths

  • Established brand reputation
  • Strong portfolio of HA-based products
  • Relationships with orthopedic surgeons
  • Focus on innovation in regenerative medicine

Weaknesses

  • Reliance on HA technology; limited product diversification
  • Competition from larger orthopedic companies
  • Pricing pressures in the viscosupplement market
  • Dependence on regulatory approvals for new products

Opportunities

  • Expansion into new geographic markets
  • Development of novel regenerative medicine therapies
  • Acquisition of complementary technologies or products
  • Partnerships with hospitals and clinics

Threats

  • Increased competition from biosimilars
  • Changes in reimbursement policies
  • Product liability claims
  • Economic downturns affecting healthcare spending

Competitors and Market Share

competitor logo Key Competitors

  • SNY
  • ZBH
  • SLP

Competitive Landscape

Anika competes with larger orthopedic companies that have greater resources and broader product portfolios. Anika specializes in niche markets.

Major Acquisitions

Parcus Medical

  • Year: 2019
  • Acquisition Price (USD millions): 55
  • Strategic Rationale: Expanded Anika's sports medicine portfolio with complementary products and technologies.

Arthrosurface

  • Year: 2020
  • Acquisition Price (USD millions): 150
  • Strategic Rationale: Broadened Anikau2019s product portfolio in joint preservation and restoration.

Growth Trajectory and Initiatives

Historical Growth: Anika's historical growth is a result of market demand for its core products and strategic acquisitions. It depends on its product sales and adoption rate.

Future Projections: Future growth is dependent on the success of new product development, regulatory approvals, and market adoption. Analyst estimates should be consulted for detailed projections.

Recent Initiatives: Recent initiatives include expanding the portfolio of pain management solutions, investing in regenerative medicine research, and exploring new market opportunities.

Summary

Anika Therapeutics is a specialty biotech firm focusing on osteoarthritis treatment, particularly viscosupplementation. Its strong HA portfolio and established brand are significant strengths. However, it faces competition from larger firms and reliance on a core technology poses risks. Future growth will hinge on new product development and market expansion.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company reports
  • Market research reports
  • Analyst estimates
  • SEC filings

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a financial advisor. Market share data is approximate and based on available information, subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Anika Therapeutics Inc

Exchange NASDAQ
Headquaters Bedford, MA, United States
IPO Launch date 1993-04-29
President, CEO & Director Dr. Cheryl Renee Blanchard Ph.D.
Sector Healthcare
Industry Drug Manufacturers - Specialty & Generic
Full time employees 288
Full time employees 288

Anika Therapeutics, Inc., a joint preservation company, creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management, regenerative solutions, sports medicine, and arthrosurface joint solutions in the United States, Europe, and internationally. The company develops, manufactures, and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management products include Monovisc and Orthovisc, an injectable HA-based viscosupplement for the pain relief from osteoarthritis conditions; and Cingal, a single-injection OA pain management product to provide short-and long-term pain relief. The company's joint preservation and restoration product family comprises orthopedic regenerative solutions, including Hyalofast and Tactoset; sports medicine solutions to repair and reconstruct damaged ligaments and tendons; and preserving joint solutions, including partial joint replacement, joint resurfacing, and invasive and bone sparing implants to treat upper and lower extremity orthopedic conditions. In addition, the company offers non-orthopedic products comprising HA-based products for Hyvisc, a molecular weight injectable HA veterinary product; Hyalobarrier, an anti-adhesion barrier for use after abdominal-pelvic surgeries; and Hyalomatrix for the treatment of burns and ulcers, as well as products used for the treatment of ears, nose and throat disorders, and ophthalmic. Anika Therapeutics, Inc. was founded in 1983 and is headquartered in Bedford, Massachusetts.