DBVT · NASDAQ · Biotechnology

DBV Technologies (ADR) (DBVT)

Develops an investigational skin patch for peanut allergy using epicutaneous immunotherapy.

$12.11
vs last close+0.01 (+0.09%)
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DBV Technologies S.A.DBVT
Health Care

Develops the investigational Viaskin Peanut Patch, a skin-delivered immunotherapy candidate for peanut allergy. The business is concentrated on clinical development and a prospective U.S. launch, contingent on BLA submission and FDA review.

Develops Viaskin Peanut Patch, an investigational treatment candidate for peanut allergy based on epicutaneous immunotherapy, which delivers biologically active compounds through intact skin. The business is concentrated on this program rather than a marketed product portfolio, with clinical development focused on young children.

Operates from France with North American operations while building clinical, regulatory, and commercial capabilities for a prospective U.S. launch. Its near-term plan depends on completing the Biologics License Application package for FDA review; the therapies remain unapproved, and submission timing reflects FDA feedback on existing CMC and biostatistical datasets.

Company facts

CEODaniel Tassé
ListedOct 22, 2014
ExchangeNASDAQ
HeadquartersChâtillon, France
CountryFrance
Employees126
CIK0001613780
ISINUS23306J3095

Market cap$289.5M
EPS (ttm)−$1.98
P/E (ttm)−6.11
ROE-119.2%
P/B1.80
P/S
Dividend yieldDiv yield
Beta0.96vs XLV 0.32

Price target$48.00+296.7%Average of 15 analysts
ConsensusBuy10 of 15 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Dec 18, 2025H.C. WainwrightTarget
Target: $35
Target: $40
Dec 17, 2025Cantor FitzgeraldReiterate
Rating: Target: $42
Rating: OverweightTarget: $48
Dec 17, 2025GuggenheimReiterate
Rating: Target: $35
Rating: BuyTarget: $51
Dec 15, 2025H.C. WainwrightTarget
Target: $16
Target: $35
Dec 14, 2025Cantor FitzgeraldTarget
Target:
Target: $42

Next report
Oct 28, 26
in 36 days
EPS estimate
−$0.16
Revenue estimate
$664.0K
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25Apr '25Jul '25Oct '25Mar '26Apr '26Jul '26Oct '26
Reported−$0.26−$0.26−$1.55−$0.34−$1.15−$0.56−$0.14Pending
Estimate−$0.31−$0.24−$0.21−$1.45−$1.30−$0.14−$0.12−$0.16
Surprise+16.2%−8.3%−638.1%+76.3%+11.5%−300.0%−14.4%

RevenueReportedEstimate

Mar '25Apr '25Jul '25Oct '25Mar '26Apr '26Jul '26Oct '26
Reported$553.1K$800.0K$1.7M$3.2M$574.6K$1.1M$800.9KPending
Estimate$1.2M$500.0K$756.5K$1.0M$1.5M$946.8K$778.2K$664.0K
Surprise−53.5%+60.0%+129.6%+218.8%−60.5%+11.5%+2.9%
Estimate−$0.16
ReportedDue Oct 28, 2026
Estimate$664.0K
ReportedDue Oct 28, 2026
View details

Debt to equity13.10%
Current ratio371.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.1M$511.0K$0$0$0$0$0$0
Net income−$30.4M−$23.0M−$27.1M−$42.4M−$33.0M−$44.8M−$47.6M−$50.4M
Net margin0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$30.3M−$23.9M−$26.6M−$43.1M−$36.9M−$45.1M−$47.9M−$51.3M
YoY growthLoss widenedLoss widenedLoss narrowedLoss widenedLoss widenedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $174.9M · Total debt $21.0M · Total assets $223.2M · Shareholders' equity $160.4M

Revenue
$0
Operating income
−$51.3M
Net income
−$50.4M
View details

No dividends on record.

Institutions36.36%21.53M ADS
78 holders · as of Jun 30, 2026
Insiders2.68%1.59M ADS
6 holders · as of Jul 31, 2026
Strategic holders3.60%2.13M ADS
1 holder · as of Apr 7, 2025
Other57.36%33.96M ADS
remainder

59.21M ADS (1 ADS = 5 ordinary shares) as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (59.21M in the company's Sep 22, 2026 report, 23.92M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Bioimpact Capital LLCInstitution
6.19%3.67M ADSas of Jun 30, 2026
Bpifrance SAStrategic10 percent owner
3.60%10.67M ordinaryfiled Apr 7, 2025
Siren, L.L.C.Institution
3.14%1.86M ADSas of Jun 30, 2026
Vivo Capital, LLCInstitution
3.12%1.84M ADSas of Jun 30, 2026
Perceptive Advisors LLCInstitution
2.79%1.65M ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 29, 2026Pharis Mohideenofficer: Chief Medical Officer−464$2.70
Jan 29, 2026Pharis Mohideenofficer: Chief Medical Officer−534$4.86
Dec 18, 2025Bpifrance EPICother: Member of 10% owner group−1,292,103$4.19
Dec 17, 2025Bpifrance EPICother: Member of 10% owner group−2,076,990$4.85
Nov 21, 2025Pharis Mohideenofficer: Chief Medical Officer−1,624$2.77
View details

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