Trevi Therapeutics/$TRVI

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About Trevi Therapeutics

Trevi Therapeutics Inc is a clinical-stage biopharmaceutical company focused on the development and commercialization of the investigational therapy Haduvio (oral nalbuphine ER) for the treatment of chronic cough in adults with idiopathic pulmonary fibrosis, or IPF, and other chronic cough indications, and for the treatment of prurigo nodularis. Haduvio is an oral extended-release formulation of nalbuphine.

Ticker

$TRVI
Sector
Primary listing

Employees

33

TRVI Metrics

BasicAdvanced
$1.3B
-
-$0.42
0.59
-

What the Analysts think about TRVI

Analyst ratings (Buy, Hold, Sell) for Trevi Therapeutics stock.

Bulls say / Bears say

Haduvio’s Phase 2a RIVER trial achieved its primary endpoint with a statistically significant 57% placebo-adjusted reduction in 24-hour cough frequency (p < 0.0001), marking the first clinical proof of concept in both RCC and IPF chronic cough patients (PR Newswire).
Phase 2b CORAL topline data in June 2025 demonstrated consistent, clinically meaningful reductions in cough frequency across all Haduvio dose arms in IPF patients, validating the drug’s dose-response and supporting advancement to pivotal studies (Nasdaq).
A $115 million underwritten offering closed in August 2025 has extended Trevi’s cash runway into 2029, de-risking near-term financing needs and underpinning late-stage development activities (Nasdaq).
Continued operating losses underscore the path to profitability as Trevi reported a net loss of $10.4 million in Q1 2025, highlighting ongoing cash burn from R&D and G&A expenses (Investing.com).
Haduvio remains investigational with no products approved, leaving the company’s valuation entirely contingent on the success of future clinical and regulatory milestones (PR Newswire).
Equity dilution risk persists following two recent underwritten offerings—$50 million in December 2024 and $115 million in August 2025—potentially weighing on shareholder value (PR Newswire; Nasdaq).
Data summarised monthly by Lightyear AI. Last updated on 6 Nov 2025.

TRVI Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

TRVI Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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