ACAD Chart
About

ACADIA Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of medicines for central nervous system (CNS) disorders and rare diseases in the United States. The company offers NUPLAZID (pimavanserin) for the treatment of hallucinations and delusions associated with Parkinson's disease psychosis; and DAYBUE, a novel synthetic analog of the amino-terminal tripeptide of insulin-like growth factor 1 for treatment of Rett Syndrome. It also develops Pimavanserin which completed Phase III clinical trial to treat the negative symptoms of schizophrenia; ACP-101, which completed phase III clinical trial for the treatment of hyperphagia in Prader-Willi syndrome; ACP-204 that completed phase II clinical trial for the treatment of Alzheimer's disease psychosis and Lewy Body Dementia with psychosis; ACP-711, which is in phase I clinical trial for the treatment of essential tremor; ACP-211 that is in phase I clinical trial for the treatment of treatment-resistant depression; ACP-2591 that is in Phase I development for Rett syndrome and Fragile X syndrome; and ACP-271, a GPR88 agonist used in evaluation of neurology and is in the IND-enabling stage. The company has a license agreement with Neuren Pharmaceuticals Limited to trofinetide for Rett syndrome and other indications; and a license and collaboration agreement with Stoke Therapeutics, Inc. to discover, develop and commercialize novel RNA-based medicines for the potential treatment of severe and rare genetic neurodevelopmental diseases of the CNS. The company was formerly known as Receptor Technologies, Inc. and changed its name ACADIA Pharmaceuticals Inc. in 1997. ACADIA Pharmaceuticals Inc. was incorporated in 1993 and is headquartered in San Diego, California.

Fundamentals
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Sector Healthcare Industry Biotechnology Market Cap 4.16B
Enterprise Value 3.37B Income 261.17M Sales 1.05B
Book/sh 5.42 Cash/sh 5.01 Dividend Yield —
Payout 0.00% Employees 653 IPO —
P/E 15.86 Forward P/E 31.81 PEG —
P/S 3.97 P/B 4.53 P/C —
EV/EBITDA 31.05 EV/Sales 3.22 Quick Ratio 2.77
Current Ratio 3.02 Debt/Eq 5.97 LT Debt/Eq —
EPS (ttm) 1.55 EPS next Y 0.77 EPS Growth 112.80%
Revenue Growth 11.30% Earnings 2026-02-25 ROA 5.11%
ROE 34.95% ROIC — Gross Margin 59.00%
Oper. Margin 12.83% Profit Margin 24.94% Shs Outstand 169.18M
Shs Float 125.35M Short Float 8.62% Short Ratio 7.56
Short Interest — 52W High 28.35 52W Low 13.40
Beta 0.66 Avg Volume 1.39M Volume 1.43M
Target Price $31.60 Recom Buy Prev Close $24.73
Price $24.59 Change -0.57%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$31.60
Mean price target
2. Current target
$24.69
Latest analyst target
3. DCF / Fair value
$2.74
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$24.69
Low
$17.00
High
$40.00
Mean
$31.60

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-24 init Wolfe Research — → Outperform $33
2026-02-23 up Mizuho Neutral → Outperform $35
2026-02-06 main Oppenheimer Perform → Perform $23
2026-02-03 main RBC Capital Outperform → Outperform $31
2026-02-03 reit Citizens Market Outperform → Market Outperform $34
2026-02-03 reit HC Wainwright & Co. Buy → Buy $37
2026-01-06 main Citigroup Buy → Buy $36
2026-01-06 main UBS Buy → Buy $40
2025-12-15 main HC Wainwright & Co. Buy → Buy $37
2025-12-11 main Stifel Hold → Hold $25
2025-12-02 main Mizuho Neutral → Neutral $29
2025-11-17 main JP Morgan Overweight → Overweight $31
2025-11-06 main RBC Capital Outperform → Outperform $32
2025-11-06 main Needham Buy → Buy $29
2025-10-21 init Citigroup — → Buy $33
2025-09-29 main JP Morgan Overweight → Overweight $33
2025-09-24 main Needham Buy → Buy $28
2025-09-11 main TD Cowen Buy → Buy $39
2025-09-09 main UBS Buy → Buy $39
2025-08-08 main UBS Buy → Buy $36
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 6950 162491.0 — Sale at price 23.38 per share. RHODES JENNIFER J. Officer — 2026-02-09 00:00:00 D
1 12944 nan — — RHODES JENNIFER J. Officer — 2026-02-06 00:00:00 D
2 4084 96754.0 — Sale at price 23.69 per share. KIHARA JAMES Officer — 2025-11-18 00:00:00 D
3 10262 243114.0 — Sale at price 23.69 per share. SCHNEYER MARK C. Chief Financial Officer — 2025-11-18 00:00:00 D
4 7932 nan — — KIHARA JAMES Officer — 2025-11-17 00:00:00 D
5 19826 nan — — SCHNEYER MARK C. Chief Financial Officer — 2025-11-17 00:00:00 D
6 30000 670983.0 — Sale at price 22.37 per share. DALY JAMES M. Director — 2025-11-10 00:00:00 D
7 3498 82728.0 — Sale at price 23.65 per share. SCHNEYER MARK C. Chief Financial Officer — 2025-09-15 00:00:00 D
8 6815 — — Stock Award(Grant) at price 0.00 per share. SCHNEYER MARK C. Chief Financial Officer — 2025-09-12 00:00:00 D
9 1600 41560.0 — Sale at price 25.98 per share. GAROFALO ELIZABETH AMY M.D. Director — 2025-09-02 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems17.95M0.000.000.00
TaxRateForCalcs0.120.210.210.27
NormalizedEBITDA-46.35M-67.83M-221.57M-167.09M
TotalUnusualItems146.51M0.000.00
TotalUnusualItemsExcludingGoodwill146.51M0.000.00
NetIncomeFromContinuingOperationNetMinorityInterest226.45M-61.29M-215.97M-167.87M
ReconciledDepreciation15.88M5.55M2.03M3.34M
ReconciledCostOfRevenue81.84M41.64M10.17M19.14M
EBITDA100.16M-67.83M-221.57M-167.09M
EBIT84.28M-73.38M-223.60M-170.44M
NetInterestIncome25.46M17.23M6.61M591.00K
InterestIncome25.46M17.23M6.61M591.00K
NormalizedIncome97.89M-61.29M-215.97M-167.87M
NetIncomeFromContinuingAndDiscontinuedOperation226.45M-61.29M-215.97M-167.87M
TotalExpenses873.52M799.82M740.83M654.58M
TotalOperatingIncomeAsReported230.79M-73.38M-223.60M-170.44M
DilutedAverageShares166.36M163.82M161.68M160.49M
BasicAverageShares165.72M163.82M161.68M160.49M
DilutedEPS1.36-0.37-1.34-1.05
BasicEPS1.37-0.37-1.34-1.05
DilutedNIAvailtoComStockholders226.45M-61.29M-215.97M-167.87M
NetIncomeCommonStockholders226.45M-61.29M-215.97M-167.87M
NetIncome226.45M-61.29M-215.97M-167.87M
NetIncomeIncludingNoncontrollingInterests226.45M-61.29M-215.97M-167.87M
NetIncomeContinuousOperations226.45M-61.29M-215.97M-167.87M
TaxProvision31.62M10.25M2.53M351.00K
PretaxIncome258.07M-51.04M-213.44M-167.52M
OtherIncomeExpense148.34M5.11M3.54M2.33M
OtherNonOperatingIncomeExpenses1.82M5.11M3.54M2.33M
SpecialIncomeCharges146.51M0.000.00
GainOnSaleOfPPE146.51M0.000.00
NetNonOperatingInterestIncomeExpense25.46M17.23M6.61M591.00K
InterestIncomeNonOperating25.46M17.23M6.61M591.00K
OperatingIncome84.28M-73.38M-223.60M-170.44M
OperatingExpense791.68M758.18M730.66M635.44M
ResearchAndDevelopment303.25M351.62M361.57M239.41M
SellingGeneralAndAdministration488.43M406.56M369.09M396.03M
GeneralAndAdministrativeExpense396.03M
OtherGandA396.03M
GrossProfit875.96M684.80M507.07M465.00M
CostOfRevenue81.84M41.64M10.17M19.14M
TotalRevenue957.80M726.44M517.24M484.14M
OperatingRevenue957.80M726.44M517.24M484.14M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber166.71M164.65M162.06M161.01M
ShareIssued166.71M164.65M162.06M161.01M
TotalDebt51.99M57.20M62.00M64.43M
TangibleBookValue613.01M366.26M400.41M540.89M
InvestedCapital732.79M431.75M400.41M540.89M
WorkingCapital543.45M361.87M382.31M521.75M
NetTangibleAssets613.01M366.26M400.41M540.89M
CapitalLeaseObligations51.99M57.20M62.00M64.43M
CommonStockEquity732.79M431.75M400.41M540.89M
TotalCapitalization732.79M431.75M400.41M540.89M
TotalEquityGrossMinorityInterest732.79M431.75M400.41M540.89M
StockholdersEquity732.79M431.75M400.41M540.89M
GainsLossesNotAffectingRetainedEarnings292.00K24.00K-975.00K-192.00K
OtherEquityAdjustments292.00K24.00K-975.00K-192.00K
RetainedEarnings-2.20B-2.43B-2.37B-2.15B
AdditionalPaidInCapital2.94B2.86B2.77B2.69B
CapitalStock16.00K16.00K16.00K16.00K
CommonStock16.00K16.00K16.00K16.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest454.96M317.20M187.40M159.23M
TotalNonCurrentLiabilitiesNetMinorityInterest60.09M62.95M61.77M63.16M
OtherNonCurrentLiabilities18.06M15.15M9.07M7.03M
LongTermDebtAndCapitalLeaseObligation42.04M47.80M52.70M56.13M
LongTermCapitalLeaseObligation42.04M47.80M52.70M56.13M
CurrentLiabilities394.87M254.25M125.63M96.07M
CurrentDebtAndCapitalLeaseObligation9.96M9.40M9.30M8.30M
CurrentCapitalLeaseObligation9.96M9.40M9.30M8.30M
PensionandOtherPostRetirementBenefitPlansCurrent36.55M42.72M28.02M25.90M
PayablesAndAccruedExpenses348.36M202.13M88.30M61.87M
CurrentAccruedExpenses320.15M183.02M75.18M54.99M
Payables28.21M19.11M13.12M6.88M
TotalTaxPayable12.02M1.56M377.00K
AccountsPayable16.19M17.54M12.75M6.88M
TotalAssets1.19B748.96M587.81M700.12M
TotalNonCurrentAssets249.44M132.83M79.88M82.30M
OtherNonCurrentAssets78.87M10.87M18.28M15.98M
GoodwillAndOtherIntangibleAssets119.78M65.49M0.000.00
NetPPE50.79M56.47M61.59M66.31M
AccumulatedDepreciation-10.22M-9.56M-8.10M-6.18M
GrossPPE61.00M66.02M69.69M72.50M
Leases3.75M3.75M3.70M3.70M
ConstructionInProgress523.00K0.00
OtherProperties46.57M51.85M55.57M58.27M
MachineryFurnitureEquipment10.16M10.42M10.42M10.54M
Properties0.000.000.000.00
CurrentAssets938.32M616.12M507.94M617.82M
PrepaidAssets55.68M39.09M21.40M23.89M
Inventory21.95M35.82M6.64M7.88M
FinishedGoods1.93M1.11M
WorkInProcess4.43M6.77M
RawMaterials283.00K0.00
Receivables104.69M102.35M63.08M65.34M
AccruedInterestReceivable5.96M4.08M885.00K978.00K
AccountsReceivable98.74M98.27M62.20M64.37M
CashCashEquivalentsAndShortTermInvestments755.99M438.87M416.82M520.71M
OtherShortTermInvestments436.40M250.21M301.98M373.27M
CashAndCashEquivalents319.59M188.66M114.85M147.44M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow157.20M-23.35M-114.03M-126.78M
IssuanceOfCapitalStock6.84M25.13M8.20M18.16M
CapitalExpenditure-523.00K-40.05M-1.12M
IncomeTaxPaidSupplementalData19.52M5.85M2.19M1.04M
EndCashPosition328.36M194.43M120.62M153.21M
BeginningCashPosition194.43M120.62M153.21M331.80M
EffectOfExchangeRateChanges-94.00K-18.00K6.00K7.00K
ChangesInCash134.03M73.83M-32.59M-178.60M
FinancingCashFlow6.84M25.13M8.20M18.16M
CashFlowFromContinuingFinancingActivities6.84M25.13M8.20M18.16M
NetCommonStockIssuance6.84M25.13M8.20M18.16M
CommonStockIssuance6.84M25.13M8.20M18.16M
InvestingCashFlow-30.54M32.00M73.24M-71.10M
CashFlowFromContinuingInvestingActivities-30.54M32.00M73.24M-71.10M
NetOtherInvestingChanges146.51M
NetInvestmentPurchaseAndSale-176.53M72.05M73.24M-69.98M
SaleOfInvestment328.56M442.03M436.42M422.82M
PurchaseOfInvestment-505.10M-369.99M-363.17M-492.80M
NetIntangiblesPurchaseAndSale0.00-40.00M0.000.00
NetPPEPurchaseAndSale-523.00K-50.00K0.00-1.12M
PurchaseOfPPE-523.00K-50.00K0.00-1.12M
OperatingCashFlow157.72M16.70M-114.03M-125.66M
CashFlowFromContinuingOperatingActivities157.72M16.70M-114.03M-125.66M
ChangeInWorkingCapital4.16M18.13M37.99M-24.82M
ChangeInOtherCurrentLiabilities-4.69M201.00K-5.88M-3.58M
ChangeInOtherCurrentAssets7.62M5.74M6.52M6.30M
ChangeInPayablesAndAccruedExpense69.71M97.97M30.18M-10.07M
ChangeInAccruedExpense71.06M93.17M24.31M-8.46M
ChangeInPayable-1.35M4.80M5.87M-1.62M
ChangeInAccountPayable-1.35M4.80M5.87M-1.62M
ChangeInPrepaidAssets-16.59M-17.69M2.49M1.80M
ChangeInInventory-49.55M-28.81M2.42M-4.21M
ChangeInReceivables-2.35M-39.27M2.26M-15.06M
ChangesInAccountReceivables-472.00K-36.07M2.17M-16.12M
StockBasedCompensation67.05M66.42M68.20M63.62M
AmortizationOfSecurities-9.30M-7.53M-2.74M2.40M
DepreciationAmortizationDepletion15.88M5.55M2.03M3.34M
DepreciationAndAmortization15.88M5.55M2.03M3.34M
AmortizationCashFlow14.96M4.09M0.001.11M
AmortizationOfIntangibles14.96M4.09M0.001.11M
Depreciation920.00K1.46M2.03M2.24M
OperatingGainsLosses-146.51M-4.58M-3.54M-2.33M
GainLossOnInvestmentSecurities-4.58M-3.54M-2.33M
NetIncomeFromContinuingOperations226.45M-61.29M-215.97M-167.87M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ACAD
Date User Asset Broker Type Position Size Entry Price Patterns