ROIV · NASDAQ · Biotechnology

Roivant Sciences (ROIV)

Develops immunology medicines and delivery technologies through focused Vant subsidiaries.

$38.33
After hours+0.11 (+0.29%)
At close$38.22(−1.97%)
Loading prices…

Roivant Sciences Ltd.ROIV
Health Care

Develops medicines and delivery technologies through focused Vant subsidiaries, with retained programs in autoimmune and inflammatory disease plus Genevant's lipid-nanoparticle platform. With no commercial-stage product at the latest fiscal year-end, economics depend on clinical outcomes, regulatory approvals, ownership, licensing, and patent rights.

Develops medicines and drug-delivery technologies through focused subsidiaries called Vants, which operate like independent biotechnology companies while sharing a broader platform. The retained portfolio centers on Priovant’s brepocitinib, Immunovant’s IMVT-1402, Pulmovant’s mosliciguat, and Genevant’s lipid-nanoparticle technology and patent interests.

Clinical work is concentrated in autoimmune and inflammatory disease. The workforce is concentrated in the United States, while principal offices are listed in London, New York, and Basel.

No retained commercial-stage product was present at the latest fiscal year-end. Economics therefore depend on clinical outcomes, regulatory approvals, future commercialization, ownership and licensing terms, while Genevant also depends on patent rights, settlement allocation, and an appellate contingency.

Company facts

CEOMatthew Gline
ListedOct 1, 2021
ExchangeNASDAQ
HeadquartersNew York, NY
CountryUnited Kingdom
Employees721
CIK0001635088
ISINBMG762791017

Market cap$28.17B
EPS (ttm)−$0.4400
P/E (ttm)−88.61
ROE-6.1%
P/B6.66
P/S3,739.59
Dividend yieldDiv yield
Beta1.02vs XLV 0.21

Price target$46.50+21.4%Average of 15 analysts
ConsensusBuy14 of 15 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 16, 2026Stifel NicolausTarget
Target:
Target: $51
Sep 9, 2026GuggenheimReiterate
Rating: Target: $36
Rating: BuyTarget: $46
Sep 9, 2026UBSTarget
Target:
Target: $55
Sep 8, 2026H.C. WainwrightTarget
Target: $41
Target: $47
Sep 8, 2026JefferiesReiterate
Rating: Target: $30
Rating: BuyTarget: $52

Next report
Nov 9, 26
estimated · in 48 days
EPS estimate
−$0.41
Revenue estimate
$3.7M
Fiscal quarter
Q2 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.23−$0.29−$0.25−$0.20−$0.24−$0.28−$0.33Pending
Estimate−$0.25−$0.26−$0.25−$0.32−$0.30−$0.29−$0.30−$0.41
Surprise+9.0%−10.1%−0.8%+36.9%+19.9%+3.5%−10.1%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$9.0M$7.6M$2.2M$1.6M$2.0M$2.5M$1.4MPending
Estimate$5.0M$54.1M$7.3M$5.6M$5.1M$3.4M$2.1M$3.7M
Surprise+80.4%−86.0%−70.3%−72.0%−60.6%−26.2%−29.9%
Estimate−$0.41
ReportedDue Nov 9, 2026
Estimate$3.7M
ReportedDue Nov 9, 2026
View details

Debt to equity2.50%
Current ratio1,672.10%

ProfitabilityRevenueNet incomeNet margin

Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26
Revenue$4.5M$9.0M$7.6M$2.2M$1.6M$2.0M$2.5M$1.4M
Net income−$230.2M$169.4M−$206.5M−$223.4M−$113.5M−$265.9M$303.0M−$189.8M
Net margin0.0%1,878.3%0.0%0.0%0.0%0.0%12,023.6%0.0%

GrowthOperating income

Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26
Operating income−$341.7M−$274.4M−$285.0M−$284.9M−$306.2M−$339.2M−$355.0M−$366.0M
YoY growthLoss widenedTurned lossLoss widenedLoss widenedLoss narrowedLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $3.84B · Total debt $107.2M · Total assets $5.31B · Shareholders' equity $4.23B

Revenue
$1.4M
Operating income
−$366.0M
Net income
−$189.8M
View details

No dividends on record.

Institutions77.60%560.56M shares
518 holders · as of Jun 30, 2026
Insiders27.62%199.54M shares
12 holders · as of Sep 18, 2026
Adds to105.22%

722.32M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 105.22%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Dan OrenInsiderdirector
13.68%98.84Mfiled Apr 26, 2022
FMR LLCInstitution
11.22%81.02Mas of Jun 30, 2026
BlackRock, Inc.Institution
6.68%48.24Mas of Jun 30, 2026
Vivek Ramaswamy1Insider10 percent owner
6.51%47.01Mfiled Dec 15, 2025
Morgan StanleyInstitution
5.90%42.59Mas of Jun 30, 2026
  1. Reported at 3.60% on May 6, 2026, under the 5% line, so no further filing is required.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 15, 2026Meghan Fitzgeralddirector−5,112$39.74
Sep 15, 2026Melissa B. Epperlydirector−4,938$39.74
Sep 8, 2026Meghan Fitzgeralddirector−20,000$39.90
Aug 28, 2026Eric Venkerofficer: President & Immunovant CEO−200,000$35.77
Aug 21, 2026Mayukh Sukhatmedirector, officer: President & CIO−144,756$36.48
View details

  • argenx (ADR)

    Commercial FcRn leader across core autoimmune indications

  • Johnson & Johnson

    Approved FcRn challenger with a broad autoantibody pipeline

  • Pfizer

    Late-stage dermatomyositis rival with a distinct immune target

  • United Therapeutics

    Commercial PH-ILD incumbent with two inhaled Tyvaso formulations

  • Liquidia

    Newer inhaled treprostinil entrant in the PH-ILD market

CompareAfter hours

CompanyPriceChange
Roivant Sciences$38.33+0.29%$28.17B3,739.6−33.6%
argenx (ADR)$964.20+0.02%$61.45B37.710.2+197.0%
Johnson & Johnson$269.61+0.12%$649.40B31.222.76.6+6.6%
Pfizer$27.90−0.11%$158.10B36.710.02.5+2.6%
United Therapeutics$498.22+0.11%$20.93B17.719.26.6−1.9%
Liquidia$68.640.00%$5.91B48.515.413.1+1,842.7%
Median36.717.36.6+6.6%