Travere Therapeutics Inc logo

Travere Therapeutics Inc(TVTX)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$50.49
10/19/2026
(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 TVTX

10/19/2026: TVTX (3-star) is currently NOT-A-BUY. Pass it for now.

Travere Therapeutics is a commercial-stage biotechnology company primarily focused on developing therapies for rare kidney and metabolic diseases. Its business strengths center on the commercial launch and regulatory success of its lead therapy, FILSPARI. The company's primary growth opportunity lies in expanding the use of its products to broader patient populations. However, investors must weigh these prospects against risks, including heavy product concentration, potential competition from larger pharmaceutical firms, and the ongoing need for capital as the company works toward sustained profitability. Travere is best suited for growth-oriented investors interested in rare disease therapeutics who are comfortable with the volatility inherent in 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 investorStrong fitThe company is in an active growth phase following the commercial launch of a lead product with potential for label expansion.
Momentum investorMixed fitMomentum can be volatile and is highly dependent on clinical catalysts and market reception of sales data.
Value investorWeak fitAs a loss-making biotech firm, standard value metrics like P/E are not currently applicable.
Dividend investorWeak fitThe company does not pay dividends and focuses all capital on growth and operations.
Low-risk investorWeak fitBiotech stocks face high clinical and regulatory risks that are generally unsuitable for conservative investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighBiotech valuations are highly sensitive to clinical news and regulatory events.
Valuation riskMedium / highThe stock price relies on future expectations of success that may not materialize.
Competition riskHighLarge pharmaceutical entrants in nephrology could erode market share.
Business qualityMediumThe transition to a sustainable, profitable commercial entity is still in progress.
Dividend incomeLow / noneNo income generation is provided to shareholders.
Execution riskHighSuccessful commercialization and trial outcomes are required to maintain long-term viability.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

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 315.26%
Avg. Invested days 48
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/19/2026

Upturn Scorecard

Upturn Star Rating

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

Company Fundamentals

★★★★★
TVTX has solid overall fundamentals (4 stars), with moderate financial health, strong growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+92.1%) and strong revenue growth (+110.5%) are partially offset by weak cash generation (FCF margin -4.2%), weak profitability (net margin -5.2%), very low insider ownership of 0.69%.

Financial Health Rating

★★★★★
TVTX's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 45.9%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is TVTX's strongest growth driver at +110.5% FY2025 versus FY2024 (strong, 5 stars). Earnings growth (+92.1%, strong) and free-cash-flow growth (+94.0%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 116.0% and approximately 100.2% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.69%, which materially reduces the ownership score.

Top 5 Institutional Investors

HHG PLC 12.11%
Jupiter Topco LLC 12.01%
BlackRock Inc 8.51%
FMR Inc 7.53%
Bank of America Corp 4.85%

Unit Economics (Per $1K Revenue)

★★★★★
TVTX generates approximately $979 of gross profit, $-128 of operating income, and $-42 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 48.15%

Quantitative Style Profile

★★★★★
TVTX has a liquid profile. Weak momentum is the primary drawback, while soft valuation.

Style Classification

Quality Focused

Small / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.61B USD
Price to earnings Ratio -
1Y Target Price 75.21
Price to earnings Ratio -
1Y Target Price 75.21
Volume (30-day avg) 1.8M shares
Beta 1.14
52 Weeks Range 22.59 - 68.73
Updated Date 10/18/2026
52 Weeks Range 22.59 - 68.73
Updated Date 10/18/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.74

How Company Makes Money

Business areaWhat it includesRetail investor read
Rare Disease PharmaceuticalsRevenue primarily from FILSPARI and legacy assets like THIOLA.Revenue comes from selling high-cost, specialized drugs to treat chronic, rare medical conditions.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 39.84
Enterprise Value 5.77B
Price to Sales(TTM) 7.91
Enterprise Value 5.77B
Price to Sales(TTM) 7.91
Enterprise Value to Revenue 9.75
Enterprise Value to EBITDA 998.01
Shares Outstanding 92.99M
Shares Floating 93.22M
Shares Outstanding 92.99M
Shares Floating 93.22M
Percent Insiders 0.69
Percent Institutions 116.02

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.