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Puma Biotechnology/$PBYI

Puma Biotechnology shares fall after Q3 revenue missed expectations, with weaker sequential NERLYNX demand and lower China royalties from generic competition weighing despite an earnings beat.
4 hours agoLightyear AI
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About Puma Biotechnology

Puma Biotechnology Inc is a biopharmaceutical company that develops and commercializes inventive products to enhance cancer care and improve treatment outcomes for patients. It is currently commercializing NERLYNX, an oral version of neratinib, for the treatment of HER2-positive breast cancer. Also, it is developing Alisertib, a selective, small-molecule inhibitor of aurora kinase A that is designed to disrupt mitosis, resulting in apoptosis of rapidly proliferating tumor cells that are dependent on aurora kinase A.
Ticker
$PBYI
Sector
Health
Primary listing
NASDAQ
Employees
179

PBYI Metrics

BasicAdvanced
$504M
19.40
$0.50
1.23
-

What the Analysts think about PBYI

Analyst ratings (Buy, Hold, Sell) for Puma Biotechnology stock.
Analyst projections of the future price of Puma Biotechnology stock.

Bulls say / Bears say

NERLYNX demand is growing modestly: third-quarter net product revenue rose to $54.1 million from $51.9 million a year earlier, and revenue for the first nine months also increased. Puma says US demand was higher year on year. (Puma Biotechnology)
Puma has a stronger financial base to fund its trials: it generated $31.6 million of operating cash in the first nine months, held $108.5 million in cash and marketable securities at September-end, and has repaid its debt. (Puma Biotechnology, Puma Biotechnology)
Alisertib could broaden Puma beyond NERLYNX, with Phase II studies under way in breast and small-cell lung cancer. Updated breast-cancer data are due in December, while a second lung study has begun. (Puma Biotechnology, Puma Biotechnology)
Recent US sales trends look weaker than the year-on-year growth suggests: NERLYNX sales slipped to $50.6 million from $53.6 million in the prior quarter, new prescriptions fell 13% sequentially, and third-quarter net income declined to $6.0 million from $8.8 million a year earlier. (The Motley Fool, Puma Biotechnology)
Generic competition in China is cutting into royalties: Puma recorded a $2.1 million reduction after generics reached a market-share threshold, and its royalty rate there will be lower going forward. It reduced its 2026 royalty outlook to $18–$19 million from $19–$22 million. (Puma Biotechnology)
Alisertib remains a clinical bet, not an established growth source: its programmes are still in Phase II, and Puma has amended the breast study to continue at only two dose levels. More follow-up data are needed before its efficacy and commercial potential are clear. (The Motley Fool, Puma Biotechnology)
Data summarised monthly by Lightyear AI. Last updated on 6 Nov 2026.

PBYI Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

PBYI Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing PBYI

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