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Travere Therapeutics, Inc. (TVTX)

Healthcare | Biotechnology | San Diego, United States | NasdaqGM
65.67 USD -1.85 (-2.740%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 65.49 -0.18 (-0.180%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★★☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:21 a.m. EDT

Travere Therapeutics presents a compelling high-conviction setup driven by a perfect convergence of technical momentum and catalyst-driven speculation. The stock has successfully broken out of a multi-year consolidation, surging nearly 60% over the last 200 days and trading well above its 50-day average, signaling strong institutional accumulation. This technical strength is amplified by a massive catalyst: the FDA approval of Filspari for rare kidney disease, which has shifted the narrative from survival mode to growth mode, supported by a 48% revenue expansion. While the balance sheet carries debt and the company remains unprofitable, the approval validates the core business thesis and unlocks significant commercial potential. The options market is screaming 'up,' with speculative volume at distant strikes indicating a belief in a rapid, multi-bagger move. The statistical forecast model offers only a weak lean due to recent volatility, but this is irrelevant given the overwhelming fundamental and technical evidence. This is a high-risk, high-reward momentum play where the catalyst has arrived, making it a prime candidate for aggressive near-term exposure despite the lack of dividends.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.050368
MSTL0.050885
AutoTheta0.060550
AutoARIMA0.180059

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 35%
H-stat 31.72
Ljung-Box p 0.000
Jarque-Bera p 0.076
Excess Kurtosis -0.84
Attribute Value
Sector Healthcare
Debt to Equity Ratio 2515.721
Revenue per Share 6.482
Market Cap 6,106,843,648
Forward P/E 11.58
Beta 1.04
Profit Margins -7.35%
Previous Name Retrophin, Inc.
Website https://travere.com

As of Aug. 22, 2026, 3:21 a.m. EDT: Speculators are aggressively positioning for a significant upside breakout, evidenced by massive call volume at strikes $85 and $75 in the September expiration, alongside heavy open interest walls at $52.50 and $60.00. While there is notable put volume at lower strikes ($22.50, $30.00) suggesting a floor or hedging against volatility, the overwhelming directional bias is bullish, with traders betting on a move toward the $85 strike. Implied volatility remains elevated, reflecting uncertainty around the upcoming FDA decision.


Info Dump

Attribute Value
52 Week Change 2.7201102
Address1 3,611 Valley Centre Drive
Address2 Suite 300
All Time High 67.85
All Time Low 1.5
Ask 78.79
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 1,252,420
Average Daily Volume3 Month 1,804,067
Average Volume 1,804,067
Average Volume10Days 1,252,420
Beta 1.042
Bid 47.37
Bid Size 2
Board Risk 4
Book Value 0.26
City San Diego
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 65.67
Current Ratio 4.046
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 67.45
Day Low 65.37
Debt To Equity 2,515.721
Display Name Travere Therapeutics
Earnings Call Timestamp End 1,785,875,400
Earnings Call Timestamp Start 1,785,875,400
Earnings Timestamp 1,785,873,600
Earnings Timestamp End 1,793,304,000
Earnings Timestamp Start 1,793,304,000
Ebitda 22,913,000
Ebitda Margins 0.03875
Enterprise To Ebitda 275.732
Enterprise To Revenue 10.684
Enterprise Value 6,317,853,184
Eps Current Year 1.7353
Eps Forward 5.6724
Eps Trailing Twelve Months -0.73
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 59.0716
Fifty Day Average Change 6.5983963
Fifty Day Average Change Percent 0.11170167
Fifty Two Week Change Percent 272.01102
Fifty Two Week High 67.85
Fifty Two Week High Change -2.1800003
Fifty Two Week High Change Percent -0.0321297
Fifty Two Week Low 17.27
Fifty Two Week Low Change 48.399998
Fifty Two Week Low Change Percent 2.8025475
Fifty Two Week Range 17.27 - 67.85
Financial Currency USD
First Trade Date Milliseconds 1,352,385,000,000
Float Shares 93,152,572
Forward Eps 5.6724
Forward P E 11.57711
Free Cashflow -18,254,250
Full Exchange Name NasdaqGM
Full Time Employees 497
Fullday Change -1.85
Fullday Change Percent -2.73993
Fullday Price 65.49
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.59208
Gross Profits 350,115,008
Has Pre Post Market Data 1
Held Percent Insiders 0.007850001
Held Percent Institutions 1.15019
Implied Shares Outstanding 92,992,905
Industry Biotechnology
Industry Disp Biotechnology
Industry Key biotechnology
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Travere Therapeutics, Inc., a biopharmaceutical company, identifies, develops, and delivers therapies to people living with rare kidney and metabolic diseases in the United States. The company's products include FILSPARI (sparsentan), a once-daily, oral medication designed to target two critical pathways in the disease progression of IgA Nephropathy (endothelin 1 and angiotensin-II); and Thiola and Thiola EC (tiopronin tablets) for the treatment of cystinuria, a rare genetic cystine transport disorder that causes high cystine levels in the urine and the formation of recurring kidney stones. Its clinical-stage programs consist of Sparsentan, a novel investigational product candidate, which has been granted Orphan Drug Designation for the treatment of focal segmental glomerulosclerosis in the U.S. and Europe; and Pegtibatinase, a novel investigational human enzyme replacement candidate being evaluated for the treatment of classical homocystinuria. It has a collaboration agreement with PharmaKrysto Limited for the pre-clinical activities associated with the cystinuria program. Travere Therapeutics, Inc. was formerly known as Retrophin, Inc. and changed its name to Travere Therapeutics, Inc. in November 2020. The company is headquartered in San Diego, California.
Long Name Travere Therapeutics, Inc.
Market us_market
Market Cap 6,106,843,648
Market State CLOSED
Max Age 86,400
Message Board Id finmb_133551169
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-28
Net Income To Common -67,679,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,364,508,256
Number Of Analyst Opinions 14
Open 67.27
Operating Cashflow 92,700,000
Operating Margins 0.02332
Overall Risk 4
Payout Ratio 0.0
Phone 888 969 7879
Post Market Change -0.1800003
Post Market Change Percent -0.27409825
Post Market Price 65.49
Post Market Time 1,787,959,805
Prev Name Retrophin, Inc.
Previous Close 67.52
Price Eps Current Year 37.8436
Price Hint 2
Price To Book 252.57692
Price To Sales Trailing12 Months 10.327303
Profit Margins -0.0735
Quick Ratio 3.763
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.26667
Region US
Regular Market Change -1.85
Regular Market Change Percent -2.73993
Regular Market Day High 67.45
Regular Market Day Low 65.37
Regular Market Day Range 65.37 - 67.45
Regular Market Open 67.27
Regular Market Previous Close 67.52
Regular Market Price 65.67
Regular Market Time 1,787,947,200
Regular Market Volume 808,192
Return On Assets -0.03733
Return On Equity -2.36355
Revenue Growth 0.482
Revenue Per Share 6.482
Sand P52 Week Change 0.1966995
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 4
Shares Outstanding 92,992,905
Shares Percent Shares Out 0.1267
Shares Short 11,943,638
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 12,015,392
Short Name Travere Therapeutics, Inc.
Short Percent Of Float 0.165
Short Ratio 7.52
Source Interval 15
State CA
Symbol TVTX
Target High Price 90.0
Target Low Price 62.0
Target Mean Price 74.14286
Target Median Price 75.0
Total Cash 489,176,992
Total Cash Per Share 5.19
Total Debt 616,905,024
Total Revenue 591,329,984
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.73
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 41.487476
Two Hundred Day Average Change 24.182522
Two Hundred Day Average Change Percent 0.5828873
Type Disp Equity
Volume 808,192
Website https://travere.com
Zip 92,130