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Liquidia Technologies Inc(LQDA)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LQDA
10/28/2026: LQDA (3-star) is currently NOT-A-BUY. Pass it for now.
Liquidia Technologies is a clinical-stage biopharmaceutical company specializing in inhaled therapies for pulmonary arterial hypertension using its proprietary PRINT technology. Its primary value driver is YUTOPIA, a potential treatment competing in a market dominated by well-capitalized incumbents. The main investment story centers on the successful regulatory approval and commercial launch of this product, while the primary risks include prolonged patent litigation and clinical execution hurdles. The stock is a high-risk, high-reward play best suited for investors comfortable with biotechnology volatility. Key developments to monitor include FDA progress updates and rulings in intellectual property disputes with major competitors like United Therapeutics.
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 style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company is a high-risk growth play dependent on specific regulatory and legal catalysts. |
| Momentum investor | Strong fit while signal remains positive | The stock often reacts sharply to litigation updates and regulatory news. |
| Value investor | Weak fit | The company lacks current earnings and stable cash flow metrics. |
| Dividend investor | Weak fit | The company does not pay dividends and is in an aggressive cash-spending phase. |
| Low-risk investor | Weak fit | The stock is highly volatile and carries significant binary outcome risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock price is extremely sensitive to litigation outcomes and regulatory updates. |
| Valuation risk | High | Valuation is speculative and based on the potential future success of a single core asset. |
| Competition risk (United Therapeutics) | High | The company faces entrenched competition with established market dominance and patent portfolios. |
| Business quality | Medium | The core PRINT technology is innovative, but commercial execution remains unproven. |
| Dividend income | Low / none | This is a growth-stage company with no income component for investors. |
| Execution risk | High | Successful transition to commercial-stage marketing and sales is a complex and capital-intensive process. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit 345.61% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/28/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.07B USD | Price to earnings Ratio 32.69 | 1Y Target Price 54.38 |
Price to earnings Ratio 32.69 | 1Y Target Price 54.38 | ||
Volume (30-day avg) 5.6M shares | Beta 0.61 | 52 Weeks Range 22.21 - 93.61 | Updated Date 10/27/2026 |
52 Weeks Range 22.21 - 93.61 | Updated Date 10/27/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.39 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Pharmaceutical Sales | Anticipated future sales of YUTOPIA for pulmonary arterial hypertension. | The company aims to profit by selling specialized inhaled medicines once approved. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-11-02 | When - | Estimate 0.77 | Actual - |
Profitability
Profit Margin 30.74% | Operating Margin (TTM) 49.81% |
Management Effectiveness
Return on Assets (TTM) 27.04% | Return on Equity (TTM) 131.82% |
Valuation
Trailing PE 32.69 | Forward PE 10.93 | Enterprise Value 3.81B | Price to Sales(TTM) 9.02 |
Enterprise Value 3.81B | Price to Sales(TTM) 9.02 | ||
Enterprise Value to Revenue 8.46 | Enterprise Value to EBITDA 21.44 | Shares Outstanding 89.51M | Shares Floating 65.22M |
Shares Outstanding 89.51M | Shares Floating 65.22M | ||
Percent Insiders 9.21 | Percent Institutions 81.77 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
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)
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)
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)
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)
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)
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)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
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)
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)
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)
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)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
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)
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)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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