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SUPN

SUPERNUS PHARMACEUTICALS, INC.

In the published model solve dated 2026-Q2, anchored at $46.97, SUPERNUS PHARMACEUTICALS, INC. (SUPN) is priced for +15.3% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 11, 2026 from SEC EDGAR filings.

Published model solve
+15.3% growth
Priced In
within-range

Key Takeaways

• Supernus has rebuilt itself around growth assets: first-quarter revenue rose 39 percent to $207.7 million, led by the non-stimulant ADHD drug Qelbree (up 20 percent to $77.9 million) and $27.6 million of ZURZUVAE collaboration revenue from the Sage acquisition [Source: company Q1 2026 results, May 2026]. • The balance sheet is a rarity in mid-cap pharma, $384 million of cash against zero funded debt with a share count that has edged down, so the growth is self-funded and acquisition capacity r

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Institutional ownership

313 institutional managers reported holding SUPN in 13F filings for the quarter ended 2026-03-31. 36 opened new positions that quarter. Held by BlackRock, Vanguard Group, Millennium Management, among others. On the short side, 6.1M shares were sold short as of the 2026-06-15 count, about 11% of shares outstanding (10.1 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

SUPN's share count grew 8.8% over the past five years. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at SUPN over the trailing three years. Absence is a fact about the company, not a signal. 11 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

SUPN's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-05-10-0.2%-16.9%
2023-08-09-5.3%-11.4%
2023-11-09+9.6%+6.0%
2024-05-09-3.7%-5.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

SUPN's latest 8-K filings: 2026-08-03 (items 8.01, 9.01); 2026-08-03 (items 8.01, 9.01); 2026-08-03 (items 2.02, 9.01); 2026-08-03 (items 1.01, 5.02, 8.01, 9.01); 2026-07-22 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: July 11, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.