Xeris Pharmaceuticals Inc logo

Xeris Pharmaceuticals Inc(XERS)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
5-STAR RATING
PASS
LAST CLOSE
$9.1
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

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

09/25/2026: XERS (5-star) is currently NOT-A-BUY. Pass it for now.

Xeris Pharmaceuticals is a commercial-stage biotechnology company that leverages proprietary formulation technology to improve injectable drug delivery for diabetes and rare endocrine conditions. The company's strengths include a growing portfolio of approved products like Gvoke and Recorlev, which provide a foundation for revenue expansion. Its primary investment story hinges on successfully scaling these commercial products and licensing its technology platforms. However, investors must consider risks such as operating losses, high competition in specialty markets, and the need for ongoing capital. This stock may suit growth-oriented investors with a high risk tolerance who are interested in the evolution of specialty pharmaceutical companies and their future milestones.

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 fitXeris represents a commercial-stage growth opportunity in the specialty pharma space.
Momentum investorMixed fitMomentum is conditional on positive commercial sales data and clinical news flow.
Value investorWeak fitThe company has limited valuation support from earnings, making it a poor fit for traditional value strategies.
Dividend investorWeak fitThe company does not pay dividends and reinvests all capital.
Low-risk investorWeak fitBiotech volatility and execution risks make this unsuitable for low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighBiotech stocks often experience significant price swings based on news flow.
Valuation riskMedium / highGrowth expectations are often priced into the stock, leaving little margin for error.
Competition risk (specialty pharma)HighEstablished players can outspend Xeris in marketing and market access.
Business qualityMediumThe company is evolving but faces ongoing profitability challenges.
Dividend incomeLow / noneIncome investors should not look here for yield.
Execution riskMedium / highSuccess depends on sales performance and cost management.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

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

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 101.69%
Avg. Invested days 36
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 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
XERS receives a 4-star rating, supported by solid unit economics, solid company fundamentals, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
XERS has solid overall fundamentals (4 stars), with moderate financial health, strong growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+101.0%) and solid cash generation (FCF margin 9.6%) are partially offset by soft profitability (net margin 0.2%), modest insider ownership of 3.06%.

Financial Health Rating

★★★★★
XERS's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 34.1%). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is XERS's strongest growth driver at +173.8% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+43.7%, strong) and earnings growth (+101.0%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 60.1% and approximately 96.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 3.06% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 7.10%
D. E. Shaw & Co LP 4.28%
Vanguard Capital Management, LLC 3.83%
State Street Corp 2.55%
Geode Capital Management, LLC 2.35%

Unit Economics (Per $1K Revenue)

★★★★★
XERS generates approximately $817 of gross profit, $85 of operating income, and $96 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong margins, cash conversion, and capital efficiency support the rating.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
XERS has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Small / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.66B USD
Price to earnings Ratio -
1Y Target Price 12.29
Price to earnings Ratio -
1Y Target Price 12.29
Volume (30-day avg) 1.8M shares
Beta 0.85
52 Weeks Range 5.25 - 10.08
Updated Date 09/27/2026
52 Weeks Range 5.25 - 10.08
Updated Date 09/27/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.1

How Company Makes Money

Business areaWhat it includesRetail investor read
Commercial PharmaceuticalsRevenue from the sale of Gvoke, Keveyis, and Recorlev.Xeris makes most of its money from selling its approved medications for endocrine and metabolic diseases.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 36.9
Enterprise Value 1.75B
Price to Sales(TTM) 4.95
Enterprise Value 1.75B
Price to Sales(TTM) 4.95
Enterprise Value to Revenue 5.21
Enterprise Value to EBITDA 73.14
Shares Outstanding 182.32M
Shares Floating 176.00M
Shares Outstanding 182.32M
Shares Floating 176.00M
Percent Insiders 3.06
Percent Institutions 60.11

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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 Xeris Pharmaceuticals Inc

Exchange NASDAQ
Headquarters Chicago, IL, United States
IPO Launch date 2018-06-21
Chairman & CEO Mr. John P. Shannon
Sector Healthcare
Industry Drug Manufacturers - Specialty & Generic
Full time employees 435
Full time employees 435

Xeris Biopharma Holdings, Inc., a commercial-stage biopharmaceutical company, engages in developing and commercializing therapies for chronic endocrine and neurological diseases in Illinois. It offers Gvoke, a ready-to-use liquid-stable glucagon for the treatment of severe hypoglycemia in pediatric and adult patients; Keveyis, a therapy for the treatment of hyperkalemic, hypokalemic, and related variants of primary periodic paralysis; and Recorlev, a cortisol synthesis inhibitor for the treatment of endogenous hypercortisolemia in adult patients with Cushing's syndrome. It is also developing XP-8121, a once-weekly subcutaneous injection of levothyroxine that is in phase 3 clinical trial for the treatment of hypothyroidism. The company was incorporated in 2005 and is headquartered in Chicago, Illinois.