
Vanda Pharmaceuticals (VNDA) Stock Forecast & Price Target
Vanda Pharmaceuticals (VNDA) Analyst Ratings
Bulls say
Vanda Pharmaceuticals Inc. has demonstrated significant revenue growth, with Fanapt experiencing a 27% year-over-year increase in 2Q25, reaching $29.3 million, and further accelerating by 31% in 3Q25, indicating a strong annualized run-rate approaching $120 million. In addition, the prescription growth for Fanapt has shown remarkable momentum, with new patient prescriptions (NBRx) surging by 200% in 2Q25, supported by enhanced prescriber awareness programs and promotional investments, leading to record high TRx and NRx metrics. Furthermore, the launch of Ponvory reflects a promising outlook, with new patient prescriptions reaching record highs and expected gross sales significantly increasing over the next several years, underpinned by a favorable risk-adjusted sales forecast indicating substantial revenue potential.
Bears say
Vanda Pharmaceuticals Inc has experienced a significant decline in net product sales, with a reported $7.1 million in 2Q25, representing an 18% year-over-year decrease, attributed to disrupted specialty pharmacy channels and new pricing structures following a December 2024 acquisition. The company's revenue reliance on its Fanapt product is concerning as exclusivity is anticipated to erode by the end of 2027, coupled with aggressive competition from generics like Bysanti, which is expected to further diminish sales post-2026. Additionally, ongoing risks include potential regulatory setbacks, negative pricing developments, and challenges in commercial traction that create a bleak outlook for its therapeutic pipeline and financial stability.
This aggregate rating is based on analysts' research of Vanda Pharmaceuticals and is not a guaranteed prediction by Public.com or investment advice.
Vanda Pharmaceuticals (VNDA) Analyst Forecast & Price Prediction
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