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ROIVRoivant Sciences Ltd.
$38.88$28.1B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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ROIV logo

Roivant Sciences Ltd.

ROIV
NASDAQ · Immunology Biotech
$38.88
At close - Nov 6, 4:00 PM EST - USD
Market Cap$28.09B
P/E-105.3x
52W High$42.50
Volume11.83M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Pipeline Milestones Critical as Cash Burn Accelerates

Roivant Sciences presents a high-risk, high-reward biotech investment defined by a shrinking cash buffer ($1.2B as of 2026Q1, down 82% from $6.5B in 2023Q4) and escalating R&D spending ($202M in 2026Q1, up 67% from 2023Q4).

GrowthDecelerating
ProfitabilityWeak
ValuationReview
TechnicalsHealthy
Explore valuation models
MARKET ACTION

ROIV price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

8/12 Beats

EPS beat 8 of last 12 quarters

02

Valuation risk

-394% Peers

P/E is 394% below peer median

03

Market leadership

RS 89 · Leader

High momentum (Outperforming 89% of market)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystConfirmed earnings · Nov 9
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue has collapsed 95% from $28.9M in 2023Q4 to $1.4M in 2026Q1, while operating losses widened to -$366M, reflecting escalating R&D and SG&A costs.

Analyst Consensus+22.7% target
Buy(16 analysts)
14 Buy2 Hold0 Sell

The Bull Case

Upside Catalysts

Brepocitinib Program Expansion

Roivant Sciences is expanding its brepocitinib development program with a new Phase 2b/3 trial in Lichen Planopilaris (LPP), indicating potential growth in its pipeline.

FDA Priority Review for Brepocitinib

The U.S. FDA has accepted Roivant's New Drug Application for brepocitinib in dermatomyositis and granted Priority Review, targeting a potential launch by Q3 2026.

Phase 3 Batoclimab Data Update

Positive Phase 3 study results for batoclimab in Thyroid Eye Disease (TED) could drive investor confidence and future revenue streams.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
ROIV+77.29%
S&P 500 (^GSPC)+7.63%
1-Year Return
ROIV+89.01%
S&P 500 (^GSPC)+9.69%
3-Year Return
ROIV+337.35%
S&P 500 (^GSPC)+82.89%
5-Year Return
ROIV+411.58%
S&P 500 (^GSPC)+68.99%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-105.3x
Forward P/E
N/A
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-105.3x
2.0x
0th· Low
EV/EBITDA
N/A
N/A
N/A
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$1.83-95.3%
Base (Fair)$33.45-14.0%
Bull$1.84-95.3%
$1.83 Bear$33.45 Base$1.84 Bull
Current Market Price: $38.88
Trades at a 16.2% premium to Base DCF ($33.45)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$8M-71.6% YoY
Net income FY25
-$300M-74.3% YoY
Free cash flow FY25
-$759M+10.1% YoY
Operating margin FY25
-15560.6%-11727.3 pts YoY
ROIC (FY25)-29.4%
Avg ROIC 5Y-146.9%
ROE (TTM)-5.3%
Piotroski Score1 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate8/12 (67%)
Revenue Beat Rate4/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 6, 2026
-$0.33-10.1%
vs -$0.30
$1M-29.9%
vs $2M
Q2 2026
May 20, 2026
-$0.28+3.5%
vs -$0.29
$3M-26.2%
vs $3M
Q1 2026
Feb 6, 2026
-$0.24+19.9%
vs -$0.30
$2M-60.6%
vs $5M
Q4 2025
Nov 10, 2025
-$0.20+36.9%
vs -$0.32
$2M-72.0%
vs $6M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Defense World·1d ago
Roivant Sciences (NASDAQ:ROIV) Stock: Insider Eric Venker Sells 200,000 Shares

Roivant Sciences Ltd. (NASDAQ: ROIV - Get Free Report) CEO Eric Venker sold 200,000 shares of the firm's stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $36.31, for a total value of $7,262,000.00. Following the completion of the sale, the chief executive officer directly owned 999,154 shares

Seeking Alpha·Oct 21, 2026
Roivant Sciences Ltd. (ROIV) Discusses Phase 3 Results for Brepocitinib in Non-Infectious Uveitis Transcript

Roivant Sciences Ltd. (ROIV) Discusses Phase 3 Results for Brepocitinib in Non-Infectious Uveitis Transcript

MarketBeat·Oct 21, 2026
Roivant Sciences' Brepocitinib Delivers Positive Phase III Uveitis Results

Roivant Sciences NASDAQ: ROIV reported positive Phase III results from its CLARITY-1 and CLARITY-2 studies evaluating brepocitinib, which the company referred to as Brepo, in noninfectious uveitis (NIU), an inflammatory eye disease that can result in vision loss.

GlobeNewsWire·Oct 21, 2026
Roivant and Priovant Announce Positive Results in CLARITY-1 and CLARITY-2 Phase 3 Trials for Brepocitinib in Non-Infectious Uveitis (NIU)

BASEL, Switzerland and LONDON and NEW YORK and DURHAM, N.C., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Roivant (Nasdaq:ROIV) and Priovant Therapeutics today announced positive results from the Phase 3 CLARITY program evaluating brepocitinib in non-infectious uveitis (NIU). Brepocitinib met the primary endpoint for both the CLARITY-1 and CLARITY-2 studies. Brepocitinib also achieved statistically significant and clinically meaningful benefit on all key secondary endpoints, including measurements of sustained steroid-free quiescence at Week 48, chorioretinal vascular leakage, resolution of macular edema and patient-reported visual functioning. These results were achieved despite a substantially more aggressive steroid taper than precedent NIU trials.

Filtered for Roivant Sciences Ltd.More Headlines
04

Compare before deciding

Benchmark ROIV against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Roivant Sciences Ltd. (ROIV)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ROIV logoROIVRoivant Sciences Ltd.Current
$38.88$28.09B-105.25-71.57%-3534.88%-5.33%—
BHVN logoBHVNBiohaven Ltd.
$14.48$2.18B-4.03——-2271.87%—
IMVT logoIMVTImmunovant, Inc.
$30.53$6.3B-11.66—-7585.86%-69.59%—
KYMR logoKYMRKymera Therapeutics, Inc.
$131.73$10.84B-37.73-16.72%-341.87%-22.39%—
PRAX logoPRAXPraxis Precision Medicines, Inc.
$277.62$7.74B-23.85-100%—-34.15%—
ABBV logoABBVAbbVie Inc.
$291.31$514.68B49.878.57%15.68%—2.26%

Compare ROIV vs Peers

Roivant Sciences Ltd. (ROIV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BHVN

Most directly comparable listed peer for ROIV.

Scale Benchmark

vs ABBV

Larger-name benchmark to compare ROIV against a more recognizable public peer.

Peer Set

Compare Top 5

vs BHVN, IMVT, KYMR, PRAX

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

ROIV SEC Filings & Documents

Roivant Sciences Ltd. (ROIV) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

May 20, 2026·SEC

Material company update

Apr 2, 2026·SEC

10-K Annual Reports

2
FY 2026

May 20, 2026·SEC

FY 2025

May 29, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

Aug 6, 2026·SEC

FY 2026

Feb 6, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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ROIV Frequently Asked Questions

Roivant Sciences Ltd. (ROIV) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Roivant Sciences Ltd.'s revenue?

Roivant Sciences Ltd. (ROIV) reported $7.5M in revenue over the trailing twelve months. Revenue was $8.3M in fiscal year 2025. That is 88% less than the $67.7M of fiscal year 2019.

How fast is Roivant Sciences Ltd. growing?

Roivant Sciences Ltd. (ROIV) revenue fell by 67.6% over the trailing twelve months, compared with the twelve months before.

Is ROIV profitable?

No. Roivant Sciences Ltd. (ROIV) reported a net loss of $266.2M over the trailing twelve months.

Dividend & Returns
What is ROIV's return on equity?

Roivant Sciences Ltd. (ROIV) had a return on equity (ROE) of -5.3% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Roivant Sciences Ltd.'s free cash flow?

Roivant Sciences Ltd. (ROIV) had negative free cash flow of $814.0M over the trailing twelve months.

What if you invested $1,000 in ROIV back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →