Biovie Inc logo

Biovie Inc(BIVI)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$1.6
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for BIVI

09/25/2026: BIVI (1-star) is currently NOT-A-BUY. Pass it for now.

BioVie Inc is a clinical-stage biotechnology company focused on developing therapies for Alzheimer's, Parkinson's, and liver-related diseases. The company's main strength lies in its specialized pipeline targeting high-unmet-need medical areas with innovative mechanisms of action. Its primary investment story centers on the potential for clinical trial success to unlock massive market opportunities, though this is balanced by high financial and execution risks. Investors should monitor clinical data readouts and regulatory engagement, as these are the main drivers for future valuation. Given its lack of revenue and high volatility, this stock is typically suited for speculative investors comfortable with the risks associated with biotechnology development.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThis is a high-risk growth play that requires successful clinical data to justify potential long-term value.
Momentum investorStrong fit while signal remains positiveBiotech stocks like BIVI often experience significant price moves based on news flow and trial outcomes.
Value investorWeak fitBioVie lacks the earnings and revenue base necessary for traditional value investing frameworks.
Dividend investorWeak fitThe company does not pay dividends and focuses all capital on development.
Low-risk investorWeak fitThe high volatility and clinical risk inherent in BIVI are unsuitable for conservative portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighClinical-stage biotech stocks are subject to sharp price fluctuations based on regulatory news and data.
Valuation riskHighValuations are highly speculative and depend entirely on future clinical and regulatory success.
Competition risk (Pharmaceutical competition)HighLarge incumbents possess significant advantages in resources and market reach.
Business qualityMediumThe company is a research-focused entity without commercial products or current cash flow.
Dividend incomeLow / noneIncome investors should not look to BIVI for yield.
Execution riskHighSuccess depends on the complex and uncertain process of drug development and FDA approval.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -70.97%
Avg. Invested days 22
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
BIVI receives a 2-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
BIVI has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and moderate ownership. In FY2026 versus FY2025, growth and ownership metrics are mixed: negative earnings growth (-25.8%), soft cash generation (FCF margin 0.0%), slightly negative revenue growth (+0.0%).

Financial Health Rating

★★★★★
BIVI's financial health is supported by strong efficiency, including operating-expense and cost-of-revenue discipline (opex 0.0% of revenue). Profitability is weak (1 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
BIVI's growth profile is soft, with the least-weak measure being revenue growth at +0.0% FY2026 versus FY2025. By comparison, while earnings growth (-25.8%, negative) and free-cash-flow growth (-99897.9%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 22.2% and approximately 87.7% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.53%, which materially reduces the ownership score.

Top 5 Institutional Investors

Diametric Capital, LP 4.38%
Citadel Advisors Llc 1.14%
Springbok Capital Management, LLC 1.09%
Geode Capital Management, LLC 1.00%
Vanguard Capital Management, LLC 0.99%

Unit Economics (Per $1K Revenue)

★★★★★
BIVI generates approximately $0 of gross profit, $-0 of operating income, and $-0 of free cash flow for every $1,000 of revenue. Based on FY2026 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
BIVI has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 13.74M USD
Price to earnings Ratio -
1Y Target Price 5.25
Price to earnings Ratio -
1Y Target Price 5.25
Volume (30-day avg) 4.7M shares
Beta 0.74
52 Weeks Range 0.82 - 3.79
Updated Date 09/25/2026
52 Weeks Range 0.82 - 3.79
Updated Date 09/25/2026
Dividends yield (FY) -
Basic EPS (TTM) -3.05

How Company Makes Money

Business areaWhat it includesRetail investor read
Clinical DevelopmentAdvancing BIV201 and NE3107 through the FDA pipeline.The company is essentially betting on the success of its drug candidates in clinical trials.
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Valuation

Trailing PE -
Forward PE -
Enterprise Value 5.25M
Price to Sales(TTM) -
Enterprise Value 5.25M
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -11.66
Shares Outstanding 8.53M
Shares Floating 7.48M
Shares Outstanding 8.53M
Shares Floating 7.48M
Percent Insiders 0.53
Percent Institutions 22.24

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Biovie Inc

Exchange NASDAQ
Headquarters Carson City, NV, United States
IPO Launch date 2014-05-05
President, CEO & Director Mr. Cuong Viet Do M.B.A.
Sector Healthcare
Industry Biotechnology
Full time employees 13
Full time employees 13

BioVie Inc., a clinical-stage biopharmaceutical company, develops drug therapies to treat neurological and neurodegenerative disorders, and advanced liver disease in the United States. The company develops BIV201, that is in phase 3 for the treatment of life-threatening complications of liver cirrhosis and ascites due to hepatitis, nonalcoholic steatohepatitis, and alcoholism. It also develops Bezisterim, an investigational, novel, orally administered small molecule that is In Phase 3 clinical trial for the treatment of patients with mild to moderate Alzheimer's disease; and in Phase 2b clinical trial to treat Parkinson's disease, as well as for the long COVID program. The company was formerly known as NanoAntibiotics, Inc. and changed its name to BioVie Inc. in July 2016. BioVie Inc. was incorporated in 2013 and is headquartered in Carson City, Nevada.