Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

ANI Pharmaceuticals, Inc.

ANIPNASDAQ
Wall Street Score · overall investment64/100
$71.71USD+$0.54 (+0.76%)
Company website www.anipharmaceuticals.com
Headquarters210 Main Street West, Baudette, MN, 56623, US
Financial statement currencyUSD · no FX conversion applied
Healthcare · Drug Manufacturers - Specialty & Generic
Price updated todayFinancials updated Oct 1, 2026

ANIP · Price history

Price at last available close

$71.71

−$0.91 (-1.25%) 1M

2026-10-28

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Company & revenue

About ANI Pharmaceuticals, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

ANI Pharmaceuticals, Inc., a biopharmaceutical company, develops, manufactures, and markets branded and generic pharmaceutical products in the United States and internationally. The company provides injectables, softgel capsules, and Cortrophin gel, as well as ILUVIEN and YUTIQ products. It also manufactures oral solid dose products, semi-solids, liquids, topicals, controlled substances, and potent products.

How they make money

ANI Pharmaceuticals is a diversified biopharmaceutical company that develops, manufactures, and commercializes therapeutics. It generates revenue primarily through the sale of pharmaceutical products across three business segments: Rare Disease, Generics, and Brands, leveraging its internal manufacturing capabilities and strategic acquisitions.

Products & services

The company offers a portfolio of pharmaceutical products including Cortrophin Gel, ILUVIEN, and YUTIQ, alongside a broad range of generic and branded pharmaceutical products.

Brands & revenue mix

Cortrophin Gel

A key product in the Rare Disease portfolio.

Separate brand revenue is not available in this research.Source

ILUVIEN

Intravitreal implant acquired through the Alimera Sciences transaction.

Separate brand revenue is not available in this research.Source

YUTIQ

Intravitreal implant acquired through the Alimera Sciences transaction.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

Sales of rare disease pharmaceutical productsUSD 422.65M47.8%

Period ended 2025-12-31Source

Total Sales of Generics and OtherUSD 399.41M45.2%

Period ended 2025-12-31Source

Sales of Established BrandsUSD 61.31M6.9%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

UNITED STATESUSD 852.44M96.5%

Period ended 2025-12-31Source

Non-USUSD 30.92M3.5%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Customer types

Customer concentration

The company discloses that a significant portion of its revenue is derived from a limited number of wholesale distributors and pharmacy chains, which is a common characteristic of the pharmaceutical industry.

Suppliers, materials & equipment

  • Active Pharmaceutical Ingredient (API) suppliers — The company relies on various third-party suppliers for raw materials and active pharmaceutical ingredients; specific supplier names are not disclosed.Source

Strengths

  • Internal manufacturing capabilities including high potency and modified release productsSource
  • Diversified business model across Rare Disease, Generics, and BrandsSource

Risks

  • Dependence on a limited number of customers for a significant portion of revenueSource
  • Risks associated with the integration of acquired businesses like Alimera SciencesSource
  • Regulatory risks and potential for compliance violations related to AI technology integrationSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

64

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

74

Strong

Financial Strength

68

Business Quality / Moat

90

Management

100

Growth Quality

55

Risk / Durability

31

Great Company · Attractive Price

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

79

Fair

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

78/100

Building Historical Record

Model Score 78/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.

At today’s price, the WSS valuation framework currently reads as relatively attractive.

The model outlook is currently positive.

What we like
  • •Balance-sheet / debt profile scores strongly
  • •Valuation scores attractively
  • •Recent buyback activity is present
What to watch
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for ANIP

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can ANIP maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is ANIP's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Does ANIP's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •Is ANIP's valuation discount tied to a temporary concern or to a longer-term business risk?
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

64

0–100 · Fair

Opportunity Score

79

0–100 · Strong

Market Cap

$1.65B

P/E Ratio

15.0

EPS

$4.83

52-Week High

$97.00

52-Week Low

$69.58

Beta

0.45

Intrinsic Value

$185.96

Analyst Target

$97.00

Shares Outstanding

21.2M

Total Revenue

$978.4M

Total Debt

$330.3M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$28.13

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
45/ 100
-2 pts / 5d

Weakening momentum

5D -0.7% · 20D -1.3% · RSI 49 · Price vs 20D avg -0.8%
Volatility
17/ 100
+1 pts / 5d

Low movement

20D realized vol 25.0% · 60D 29.8% · Acceleration 0.84x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for ANIP

Detected from reported data — verify before acting.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on ANIP.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Internal manufacturing capabilities including high potency and modified release products.
  • +Diversified business model across Rare Disease, Generics, and Brands.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Drug Manufacturers - Specialty & Generic industry.
  • −Dependence on a limited number of customers for a significant portion of revenue.
  • −Risks associated with the integration of acquired businesses like Alimera Sciences.
  • −Regulatory risks and potential for compliance violations related to AI technology integration.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair64/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

64

Tap for breakdown →

Strong

71

Debt Cost6.2%
Debt Reduction YoY47.9%
Debt / Equity0.60x

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Weak

47

Revenue YoY10.8%
Revenue CAGR34.7%
Net Margin10.8%

Tap for breakdown →

Fair

68

Asset Growth YoY12.2%
Liquidation/Share$28.13
Net Assets/MCap0.70x

Tap for breakdown →

Poor

31

Earnings Yield6.4%
Buyback Yield0.5%
Debt Cost6.2%

Tap for breakdown →

Elite

100

ROIC11.7%
ROE17.7%
ROA7.1%

Tap for breakdown →

Elite

90

EPS Growth12.5%
FCF/Share Growth98.8%
Rev/Share Growth22.5%

Tap for breakdown →

Elite

93

Intrinsic Value$185.96
Value Reference$111.57
MOS61.4%

Tap for breakdown →

Strong

75

Revenue47
Moat90
Valuation93

Tap for breakdown →

Elite

100

MOS %61.4%
Value Reference$111.57
Deep Discount Reference$74.38

Tap for breakdown →

Poor

29

Interest Coverage4.0x
ROIC11.7%
FCF Yield9.1%

Tap for breakdown →

Fair

57

Financial29
Valuation93
Debt71

Tap for breakdown →

Fair

60

Survival Years1.0 yrs
Current Ratio2.71x
FCF Margin17.1%

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Score Changes

6 historical score records available

Previous Score

65

Sep 8, 2026

Change

-1.3

points

Current Score

64

Oct 1, 2026

Category Changes

Revenue-0.4
Debt0
Assets-0.8
Capital-2.0
Management0
Moat0
Valuation-4.4
Buffett-0.7

ANIP decreased 1.3 points because Capital declined by 2 points, Valuation declined by 4.4 points.

Negative Contributors

  • − Capital declined by 2 points
  • − Valuation declined by 4.4 points

Projected Score

Projected Score

70

Projected Change

+6.4 points

Preliminary comparable-period financial changes suggest improvement of approximately 6.4 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Undervalued

Current Price

$71.71

Model Intrinsic Value

$185.96

Difference

−$114.25

-61.4% vs IV

Margin of Safety

61.4%

UndervaluedFair ValueOvervalued
Value Reference: $111.57
Deep Discount Reference: $74.38

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$250M$500M$750M$1.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025-$65M$0$65M$130M$195M

Total Debt

201520172019202120232025$0$200M$400M$600M$800M

Total Assets

201520172019202120232025$0$400M$800M$1.2B$1.6B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$978.4M$883.4M$614.4M$486.8M····························
Cost of Revenue$340.2M$432.7M$250.2M$181.5M····························
Gross Profit$638.2M$450.6M$364.2M$305.3M····························
Research & Development$49.9M$51.7M$44.6M$34.3M····························
SG&A Expenses$324.8M$317.7M$249.6M$161.7M····························
Operating Expenses$488.0M$369.4M$363.6M$258.3M····························
EBITDA$255.8M$207.3M$63.1M$106.6M····························
Operating Income$150.2M$81.2M$584K$47.0M····························
Interest Expense$27.4M$20.1M$17.6M$26.9M····························
Income Before Tax$142.6M$95.8M-$22.2M$19.9M····························
Income Tax Expense$34.3M$17.5M-$3.7M$1.1M····························
Net Income$105.8M$78.3M-$18.5M$18.8M····························
Basic EPS$4.83$3.50$-1.04$0.95····························
Basic Shares21.16M20.05M19.32M18.00M····························
Diluted Shares21.91M21.23M19.32M18.19M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 6, 2026
Estimated EPS: $2.17Estimated revenue: $280.8M
Jun 30, 2026Q2FY2026

Revenue

$266.0M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$1.05

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-46.9%

Cash Change

+65.4%

Margin Change

+5.2 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Cash position grew
  • Debt reduced

Potential Score Impact

Positive indicators included revenue growth, EPS growth, cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 25.9%. EPS increased 191.7%. Cash increased 65.4%. Total debt declined 46.9%. Net income margin improved by 5.2 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 121 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

6 historical records
Jul 19, 26Jul 23, 26Aug 11, 26Sep 1, 26Sep 8, 26Oct 1, 260255075100

Historical Score Chart

3 of 6 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 3 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Debt Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Revenue Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Asset Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Capital Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Management Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Moat Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Valuation Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Buffett Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Intrinsic Value

Sep 1, 26Sep 8, 26Oct 1, 26$183.00$184.00$185.00$186.00$187.00

Value Reference

Sep 1, 26Sep 8, 26Oct 1, 26$109.00$110.00$111.00$112.00$113.00

Margin of Safety %

Sep 1, 26Sep 8, 26Oct 1, 260.6%0.6%0.6%0.6%0.6%

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News

Rumor Mill · ANIP

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

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