Mirum Pharmaceuticals Inc logo

Mirum Pharmaceuticals Inc(MIRM)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
2-STAR RATING
PASS
LAST CLOSE
$85.74
11/02/2026
(24-hour delay)

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)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for MIRM

11/02/2026: MIRM (2-star) is currently NOT-A-BUY. Pass it for now.

Mirum Pharmaceuticals is a growth-oriented biopharmaceutical company focused on developing therapies for rare liver diseases. Its primary strength lies in the successful commercialization of LIVMARLI and a focused, specialized research pipeline. The company’s growth narrative centers on expanding its footprint through new indications and international market access. However, investors face risks related to high product concentration, execution in a competitive landscape, and the high cash burn inherent in biotech growth. This stock may suit growth-oriented investors with a high risk tolerance, who should monitor clinical readouts, regulatory decisions on label expansions, and quarterly revenue growth trends.

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 investorStrong fitThe company is in a high-growth phase as it scales revenue from its rare disease portfolio.
Momentum investorMixed fitMomentum depends on positive news flow regarding label expansions and quarterly revenue growth.
Value investorWeak fitMirum is a pre-profit growth company, making traditional value metrics like P/E currently inapplicable.
Dividend investorWeak fitThe company does not pay dividends and is focused on reinvesting in pipeline development.
Low-risk investorWeak fitBiotech stocks carry high volatility and regulatory risks that do not align with low-risk profiles.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighAs a growth-stage biotech, the stock is sensitive to clinical trial results and market sentiment.
Valuation riskMedium / highHigh expectations for revenue growth are currently priced into the stock.
Competition risk (IBAT Inhibitor space)MediumDirect competition from larger, well-capitalized pharmaceutical companies poses a constant threat.
Business qualityMediumWhile the company has approved products, it is still building long-term sustainable profitability.
Dividend incomeLow / noneThe company is focused on growth and does not distribute cash to shareholders.
Execution riskMediumSuccessfully scaling commercial operations remains critical to long-term success.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit 45.99%
Avg. Invested days 40
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/02/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
MIRM receives a 3-star rating, supported by solid company fundamentals, and solid analyst coverage. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
MIRM has solid overall fundamentals (4 stars), with moderate financial health, strong growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+73.4%) and solid cash generation (FCF margin 10.5%) are partially offset by weak profitability (net margin -4.5%), modest insider ownership of 1.31%.

Financial Health Rating

★★★★★
MIRM's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 40.8%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is MIRM's strongest growth driver at +488.0% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+54.7%, strong) and earnings growth (+73.4%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 113.6% and approximately 86.8% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 1.31% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Frazier Life Sciences Management, L.P. 11.83%
Jupiter Topco LLC 9.10%
BlackRock Inc 6.76%
FMR Inc 5.65%
T. Rowe Price Associates, Inc. 4.09%

Unit Economics (Per $1K Revenue)

★★★★★
MIRM generates approximately $807 of gross profit, $-42 of operating income, and $105 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses explain the 2-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -9.04% (Tax Credit)

Quantitative Style Profile

★★★★★
MIRM has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while soft valuation.

Style Classification

Quality Focused

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

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 5.52B USD
Price to earnings Ratio -
1Y Target Price 153.43
Price to earnings Ratio -
1Y Target Price 153.43
Volume (30-day avg) 757.7K shares
Beta 0.61
52 Weeks Range 63.23 - 130.00
Updated Date 11/01/2026
52 Weeks Range 63.23 - 130.00
Updated Date 11/01/2026
Dividends yield (FY) -
Basic EPS (TTM) -14.1

How Company Makes Money

Business areaWhat it includesRetail investor read
Product RevenueGlobal sales of LIVMARLI and CHENODAL for rare liver conditions.Revenue comes from selling specialized drugs to a small, targeted group of patients.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Valuation

Trailing PE -
Forward PE 175.44
Enterprise Value 5.84B
Price to Sales(TTM) 8.93
Enterprise Value 5.84B
Price to Sales(TTM) 8.93
Enterprise Value to Revenue 9.45
Enterprise Value to EBITDA 341.15
Shares Outstanding 64.93M
Shares Floating 56.39M
Shares Outstanding 64.93M
Shares Floating 56.39M
Percent Insiders 1.31
Percent Institutions 113.63

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.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.