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.

Collegium Pharmaceutical, Inc.

COLLNASDAQ
Wall Street Score · overall investment55/100
$23.23USD+$0.23 (+1.00%)
Company website www.collegiumpharma.com
Headquarters100 Technology Center Drive, Stoughton, MA, 02072, US
Financial statement currencyUSD · no FX conversion applied
Healthcare · Drug Manufacturers - Specialty & Generic
Price updated todayFinancials updated Oct 1, 2026

COLL · Price history

Price at last available close

$23.23

+$1.00 (+4.50%) 1M

2026-10-28

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Company & revenue

About Collegium Pharmaceutical, Inc.

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

Who they are

Collegium Pharmaceutical, Inc. (COLL) is a specialized pharmaceutical firm dedicated to the development and marketing of medications for pain management. Its diverse product lineup features significant therapies aimed at addressing various pain conditions. A prominent offering is Xtampza ER, an extended-release, oral formulation of oxycodone, specifically engineered with properties to deter abuse.

How they make money

Collegium Pharmaceutical is a biopharmaceutical company that generates revenue primarily through the commercialization of a portfolio of pain management medications and neuropsychiatry products. The company utilizes a specialized sales force to market these products to healthcare professionals and manages distribution through wholesale and pharmacy channels.

Products & services

The company's portfolio includes Jornay PM for ADHD, and pain management products including Xtampza ER, Belbuca, and the Nucynta franchise.

Brands & revenue mix

Jornay PM

Differentiated treatment for ADHD and lead growth driver.

Separate brand revenue is not available in this research.Source

Xtampza ER

Extended-release pain management medication.

Separate brand revenue is not available in this research.Source

Belbuca

Pain management medication.

Separate brand revenue is not available in this research.Source

Nucynta

Licensed pain management product franchise.

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

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

Customer concentration

The company discloses that it is subject to risks related to customer concentration, as a significant portion of its revenue is derived from a limited number of wholesale distributors.

Suppliers, materials & equipment

  • Patheon (Thermo Fisher Scientific) — Contract manufacturing organization for the production of Xtampza ER.Source

Business relationships & partnerships

  • Grünenthal Gmbh — License agreement granting Collegium the right to commercialize Nucynta products in the United States and its territories.Source
  • Shionogi — License agreement granting Collegium the right to commercialize certain products.Source

Strengths

  • Leading portfolio of responsible pain management medicationsSource
  • Growing neuropsychiatry business driven by Jornay PMSource

Risks

  • Customer concentrationSource
  • Compliance with U.S. Drug Enforcement Agency regulationsSource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.

Quarterly EPS turned negative at -0.46 versus 0.34 a year earlier.

Separate recurring operating losses from noncash or one-time charges, and check cash flow rather than interpreting negative EPS as a cash-outflow amount.

Quarterly net income turned from a profit to a loss versus the same quarter last year.

Identify the causes in the interim report and distinguish operating cash use from accounting charges. Prior profitability is not a guarantee of recovery.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

55

Fair

PoorElite

View category scores →

Company Quality

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

53

Fair

Financial Strength

34

Business Quality / Moat

84

Management

69

Growth Quality

32

Risk / Durability

36

Cheap for a Reason · Review the Risks

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?

64

Fully Valued

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?

63/100

Building Historical Record

Model Score 63/100 — 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 moderate rather than unusually attractive.

The model outlook is currently moderate.

What we like
  • •Asset quality scores strongly
  • •Valuation scores attractively
  • •Recent buyback activity is present
What to watch
  • •Repurchase headline · Aug 13, 2026
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention

Company-specific research

Questions worth answering for COLL

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 COLL maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is COLL's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is COLL's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •Is COLL's valuation discount tied to a temporary concern or to a longer-term business risk?
  • •What does the current fundamental change risk warning mean for the reliability or interpretation of COLL's score?
Repurchase headline · Aug 13, 2026
Business analysis: 16 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

55

0–100 · Fair

Opportunity Score

64

0–100 · Fair

Market Cap

$756.3M

P/E Ratio

14.3

EPS

$1.53

52-Week High

$50.79

52-Week Low

$21.62

Beta

0.72

Intrinsic Value

$58.91

Analyst Target

$48.50

Shares Outstanding

39.7M

Total Revenue

$808.2M

Total Debt

$857.8M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$7.86

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
51/ 100
+4 pts / 5d

Neutral / mixed momentum

5D +1.4% · 20D +6.5% · RSI 62 · Price vs 20D avg +3.0%
Volatility
20/ 100
+1 pts / 5d

Low movement

20D realized vol 26.3% · 60D 56.2% · Acceleration 0.47x
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 COLL

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.

Repurchase headline · Aug 13, 2026

Collegium Announces $50 Million Accelerated Share Repurchase Program — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

GlobeNewsWire

Community Sentiment

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

No personal call yet on COLL.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Leading portfolio of responsible pain management medications.
  • +Growing neuropsychiatry business driven by Jornay PM.
  • +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.
  • −Customer concentration.
  • −Compliance with U.S. Drug Enforcement Agency regulations.

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
Fair55/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

55

Tap for breakdown →

Poor

21

Debt Cost8.8%
Debt Reduction YoY-9.5%
Debt / Equity3.12x

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Poor

38

Revenue YoY3.5%
Revenue CAGR17.4%
Net Margin5.9%

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Strong

71

Asset Growth YoY-0.4%
Liquidation/Share$7.86
Net Assets/MCap1.81x

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Fair

62

Earnings Yield6.8%
Buyback Yield6.2%
Debt Cost8.8%

Tap for breakdown →

Fair

69

ROIC12.6%
ROE15.4%
ROA2.2%

Tap for breakdown →

Strong

84

EPS Growth6.5%
FCF/Share Growth35.0%
Rev/Share Growth17.2%

Tap for breakdown →

Elite

97

Intrinsic Value$58.91
Value Reference$35.34
MOS60.6%

Tap for breakdown →

Fair

56

Revenue38
Moat84
Valuation97

Tap for breakdown →

Elite

100

MOS %60.6%
Value Reference$35.34
Deep Discount Reference$23.56

Tap for breakdown →

Poor

24

Interest Coverage2.3x
ROIC12.6%
FCF Yield46.3%

Tap for breakdown →

Fair

57

Financial24
Valuation97
Debt21

Tap for breakdown →

Fair

58

Survival Years2.1 yrs
Current Ratio1.57x
FCF Margin42.0%

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Score Changes

6 historical score records available

Previous Score

58

Sep 17, 2026

Change

-2.9

points

Current Score

55

Oct 1, 2026

Category Changes

Revenue+0.3
Debt0
Assets0
Capital+1.0
Management0
Moat-1.0
Valuation0
Buffett-0.1

COLL decreased 2.9 points because some fundamentals weakened.

Projected Score

Projected Score

50

Projected Change

-5.4 points

Preliminary comparable-period financial changes suggest decline of approximately 5.4 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Undervalued

Current Price

$23.23

Model Intrinsic Value

$58.91

Difference

−$35.67

-60.6% vs IV

Margin of Safety

60.6%

UndervaluedFair ValueOvervalued
Value Reference: $35.34
Deep Discount Reference: $23.56

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$200M$400M$600M$800M

Additional Metrics

Operating Cash Flow

201520172019202120232025-$150M$0$150M$300M$450M

Total Debt

201520172019202120232025$0$250M$500M$750M$1.0B

Total Assets

201520172019202120232025$0$450M$900M$1.4B$1.8B

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$808.2M$780.6M$631.4M$566.8M····························
Cost of Revenue$323.1M$317.3M$254.1M$240.6M····························
Gross Profit$485.1M$463.3M$377.3M$326.2M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$239.8M$276.2M$183.0M$159.2M····························
Operating Expenses$326.6M$276.2M$207.4M$159.2M····························
EBITDA$586.6M$401.0M$341.7M$308.3M····························
Operating Income$158.5M$187.1M$169.9M$167.0M····························
Interest Expense$161.9M$82.3M$74.0M$83.3M····························
Income Before Tax$77.7M$92.6M$98.6M$75.7M····························
Income Tax Expense$29.8M$29.7M$29.4M$27.6M····························
Net Income$47.9M$62.9M$69.2M$48.2M····························
Basic EPS$1.53$1.98$2.14$1.60····························
Basic Shares32.46M31.71M32.27M33.74M····························
Diluted Shares32.46M39.70M40.42M41.79M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 5, 2026
Estimated EPS: $1.78Estimated revenue: $218.4M
Jun 30, 2026Q2FY2026

Revenue

$199.9M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.46

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+3.5%

Cash Change

+10.3%

Margin Change

-13.9 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

  • Cash position grew

What Weakened

  • Margins contracted
  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, cash levels. Pressure indicators included EPS growth, debt levels, net income margin. 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 6.3%. EPS declined 235.3%. Cash increased 10.3%. Total debt increased 3.5%. Net income margin declined by 13.9 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

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.

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Historical Trends

6 historical records
Jul 23, 26Aug 12, 26Sep 3, 26Sep 5, 26Sep 17, 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 5, 26Sep 17, 26Oct 1, 260255075100

Debt Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Revenue Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Asset Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Capital Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Management Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Moat Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Valuation Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Buffett Score

Sep 5, 26Sep 17, 26Oct 1, 260255075100

Intrinsic Value

Sep 5, 26Sep 17, 26Oct 1, 26$56.00$57.00$58.00$59.00$60.00

Value Reference

Sep 5, 26Sep 17, 26Oct 1, 26$33.00$34.00$35.00$36.00$37.00

Margin of Safety %

Sep 5, 26Sep 17, 26Oct 1, 260.6%0.6%0.6%0.6%0.6%

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News

Rumor Mill · COLL

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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