SPRY
ARS Pharmaceuticals, Inc. · Healthcare · Biotechnology
At close
$3.87
−$0.06 (−1.63%) Close
Pre-market $3.88 +$0.02 (+0.45%) 8:53 AM ET
Prev close $3.93
Open $3.87
Day high $3.87
Day low $3.87
Volume 1,726,197
Avg vol 1,456,621
Mkt cap
$402.76M
EV/Sales
4.84
P/E ratio
-1.79
FY Revenue
$116.93M
EPS
-2.16
Gross Margin
71.37%
Div yield
0.00%
Sector
Healthcare
AI report sections
SPRY
ARS Pharmaceuticals, Inc.
SPRY trades in the lower half of its 52-week range with multi-month returns under pressure, while short-term intraday indicators show only modest stabilization around VWAP. Fundamentally, revenue contraction, deeply negative margins, and heavy cash burn contrast with a strong liquidity position and high current and quick ratios. Valuation appears demanding relative to current losses and negative free cash flow, and elevated short interest underscores heightened sentiment and positioning risk despite generally positive recent news around neffy commercialization.
AI summarized at 10:47 PM ET, 2026-03-29
AI summary scores
INTRADAY: 46 SWING: 35 LONG: 28
Volume vs average
Intraday (cumulative)
+58% (Above avg)
Vol/Avg: 1.58×
RSI
37.74 (Weak)
Weak (30–40)
MACD momentum
Intraday
+0.00 (Strong)
MACD: 0.01 Signal: 0.00
Short-Term
+0.05 (Strong)
MACD: -0.23 Signal: -0.28
Long-Term
+0.03 (Strong)
MACD: -0.51 Signal: -0.54
Intraday trend score 21.09

Latest news

SPRY 12 articles Positive: 0 Neutral: 0 Negative: 12
Negative GlobeNewswire Inc. • Rosen Law Firm
ARS PHARMACEUTICALS DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages ARS Pharmaceuticals, Inc. Investors to Secure Counsel Before Important October 5 Deadline in Securities Class Action – SPRY

A securities class action lawsuit has been filed against ARS Pharmaceuticals for allegedly providing false and misleading statements regarding the timeline for expanded insurance coverage of its epinephrine nasal spray product 'neffy' through CVS Caremark. The company allegedly stated coverage would begin July 1, 2026, while concealing material adverse facts about the actual timeline, causing investors to purchase securities at artificially inflated prices. The lead plaintiff deadline is October 5, 2026.

SPRY securities class action ARS Pharmaceuticals neffy CVS Caremark insurance coverage misleading statements lead plaintiff deadline
Sentiment note

The company is the subject of a securities class action lawsuit alleging material misrepresentations and concealment of adverse facts regarding insurance coverage timelines for its flagship product, resulting in artificially inflated stock prices and investor damages.

Negative GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.
ARS PHARMACEUTICALS DEADLINE MONDAY: Bragar Eagel & Squire, P.C. Reminds ARS Pharmaceuticals Investors to Contact the Firm Before October 5th Seeking Lead Plaintiff Role

A class action lawsuit has been filed against ARS Pharmaceuticals for allegedly providing misleading statements about expanded insurance coverage for its epinephrine nasal spray product (neffy) with CVS Caremark. The company reportedly expressed confidence that coverage would begin July 1, 2026, while failing to adequately disclose risks that the deadline might not be met, potentially impacting summer and back-to-school sales.

SPRY class action lawsuit securities fraud insurance coverage epinephrine nasal spray material misstatement lead plaintiff CVS Caremark
Sentiment note

The company is the subject of a class action lawsuit alleging material misstatements and inadequate risk disclosure regarding insurance coverage timelines for its flagship product neffy, which could result in significant financial and reputational damage to investors.

Negative GlobeNewswire Inc. • Rosen Law Firm
ARS PHARMACEUTICALS DEADLINE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages ARS Pharmaceuticals, Inc. Investors to Secure Counsel Before Important October 5 Deadline in Securities Class Action – SPRY

A securities class action lawsuit has been filed against ARS Pharmaceuticals, Inc. (SPRY) for allegedly providing false and misleading statements regarding the timeline for expanded insurance coverage of its epinephrine nasal spray product 'neffy' through CVS Caremark. The company allegedly misled investors about expected July 1, 2026 coverage, causing shareholders to purchase securities at artificially inflated prices. The lead plaintiff deadline is October 5, 2026.

SPRY securities class action ARS Pharmaceuticals false statements insurance coverage epinephrine nasal spray CVS Caremark lead plaintiff deadline
Sentiment note

The company is the subject of a securities class action lawsuit alleging material misrepresentation regarding insurance coverage timelines for its flagship product, resulting in artificially inflated stock prices and investor losses.

Negative GlobeNewswire Inc. • Rosen Law Firm
ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages Tigo Energy, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - TYGO

Rosen Law Firm has filed securities class action lawsuits against Tigo Energy, Inc., AST SpaceMobile, Inc., and ARS Pharmaceuticals, Inc. The Tigo lawsuit alleges the company made materially false statements regarding revenue projections based on an EG4 partnership that would not materially contribute revenue until Q4 2026 at the earliest. Investors who purchased securities during the class periods may be eligible for compensation. Lead plaintiff deadlines vary by case.

TYGO ASTS SPRY securities class action investor lawsuit false statements revenue projections lead plaintiff deadline
Sentiment note

Company is subject to a securities class action lawsuit filed by Rosen Law Firm with an October 5 deadline, indicating alleged securities violations.

Negative GlobeNewswire Inc. • Schall, Brown & Schwartz Llp
SPRY Investors Have Opportunity to Lead ARS Pharmaceuticals, Inc. Securities Fraud Lawsuit with SBS Law

Schall, Brown & Schwartz LLP announced a securities fraud class action lawsuit against ARS Pharmaceuticals, Inc. (NASDAQ: SPRY) for making false and misleading statements regarding timeline issues related to CVS Caremark's addition of neffy to its formulary. The class period spans March 9, 2026 to June 24, 2026, with an October 5, 2026 deadline for investors to participate. Shareholders who suffered losses are encouraged to contact the firm regarding lead plaintiff appointments.

SPRY securities fraud class action lawsuit ARS Pharmaceuticals neffy CVS Caremark formulary false statements
Sentiment note

The company is accused of making false and misleading statements regarding insurance coverage timelines for its drug neffy, resulting in investor losses. The securities fraud allegations and class action lawsuit indicate serious compliance violations and breach of investor trust.

Negative GlobeNewswire Inc. • Rosen Law Firm
מועד אחרון לתביעה ייצוגית נגד DATAVAULT AI: רוזן, יועץ למשקיעים מהימן, קורא למשקיעי Datavault AI Inc. לשכור ייצוג משפטי לקראת מועד חשוב ב- 5 באוקטובר בתביעה ייצוגית בניירות הערך – DVLT

Rosen Law Firm announces class action securities lawsuits against Datavault AI Inc. (DVLT) and ARS Pharmaceuticals Inc. (SPRY), with October 5, 2026 deadline for investors to join. The Datavault AI lawsuit alleges false statements regarding business partnerships, platform activity, and undisclosed connections to a convicted felon. Investors who purchased securities during specified periods may be eligible for compensation.

DVLT SPRY class action lawsuit securities fraud investor rights Datavault AI ARS Pharmaceuticals false statements
Sentiment note

Company is subject to a securities class action lawsuit, though specific allegations are not detailed in the provided excerpt. The mere filing of such litigation indicates investor concerns and potential legal/financial exposure.

Negative GlobeNewswire Inc. • Rosen Law Firm
מועד אחרון לתביעה ייצוגית נגד ARS PHARMACEUTICALS: רוזן, יועץ למשקיעים מהימן, קורא למשקיעי ARS Pharmaceuticals, Inc. לשכור ייצוג משפטי לקראת מועד אחרון חשוב בתביעה הייצוגית בניירות הערך – SPRY

Rosen Law Firm announces class action securities lawsuits against ARS Pharmaceuticals (SPRY) and Datavault AI (DVLT), with October 5, 2026 deadline for investors to join. ARS Pharmaceuticals is accused of providing misleading statements regarding insurance coverage expansion timeline for its epinephrine spray product neffy through CVS Caremark, allegedly causing investors to purchase shares at artificially inflated prices.

SPRY DVLT class action lawsuit securities fraud ARS Pharmaceuticals Datavault AI investor compensation misleading statements
Sentiment note

Company is accused of providing materially misleading information to investors regarding insurance coverage expansion timeline for its neffy product, resulting in artificially inflated stock prices and investor losses upon disclosure of true facts.

Negative GlobeNewswire Inc. • Pomerantz Llp
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in ARS Pharmaceuticals, Inc. of Class Action Lawsuit and Upcoming Deadlines – SPRY

Pomerantz Law Firm has filed a class action lawsuit against ARS Pharmaceuticals (NASDAQ: SPRY) alleging securities fraud. The lawsuit was triggered after ARS announced on June 24, 2026, that it failed to secure expanded insurance coverage for its epinephrine nasal spray product 'neffy' through CVS Caremark by the July 1 deadline. The announcement caused ARS's stock to plummet 23.91% to $8.02 per share on June 25, 2026. Investors have until October 5, 2026, to request appointment as Lead Plaintiff.

SPRY class action lawsuit securities fraud ARS Pharmaceuticals neffy epinephrine nasal spray CVS Caremark insurance coverage
Sentiment note

Class action lawsuit filed alleging securities fraud; significant stock price decline of 23.91% following failure to secure insurance coverage for key product; failure to meet critical business deadline for expanded coverage

Negative GlobeNewswire Inc. • Rosen Law Firm
ARS PHARMACEUTICALS DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages ARS Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPRY

A securities class action lawsuit has been filed against ARS Pharmaceuticals (SPRY) for allegedly providing false and misleading statements regarding the timeline for expanded insurance coverage of its epinephrine nasal spray product 'neffy' through CVS Caremark. The company allegedly misled investors about a July 1, 2026 coverage start date, causing shareholders to purchase securities at artificially inflated prices. The lead plaintiff deadline is October 5, 2026.

SPRY securities class action ARS Pharmaceuticals false statements insurance coverage neffy CVS Caremark investor damages
Sentiment note

The company is the subject of a securities class action lawsuit alleging material misrepresentation regarding insurance coverage timelines for its flagship product, resulting in artificially inflated stock prices and investor losses.

Negative GlobeNewswire Inc. • Rosen Law Firm
AARD IMPORTANT DEADLINE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Aardvark Therapeutics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – AARD

Rosen Law Firm is reminding investors in Aardvark Therapeutics (AARD), UWM Holdings (UWMC), and ARS Pharmaceuticals (SPRY) of upcoming lead plaintiff deadlines in securities class action lawsuits. The lawsuits allege that defendants made materially false statements and failed to disclose material adverse facts about their businesses, with Aardvark specifically accused of overstating the safety and commercial prospects of its ARD-101 drug candidate.

AARD UWMC SPRY securities class action lead plaintiff deadline October 13 2026 materially false statements drug safety
Sentiment note

Company is subject to securities class action lawsuit with unspecified allegations, indicating potential material misstatements or disclosure failures.

Negative GlobeNewswire Inc. • Rosen Law Firm
ARS PHARMACEUTICALS DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages ARS Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPRY

A securities class action lawsuit has been filed against ARS Pharmaceuticals, Inc. (SPRY) for allegedly providing misleading statements to investors regarding the timeline for expanded insurance coverage of its epinephrine nasal spray product 'neffy' through CVS Caremark. The company reportedly made confident statements about July 1, 2026 coverage while concealing material adverse facts, causing investors to purchase securities at artificially inflated prices. The lead plaintiff deadline is October 5, 2026.

SPRY securities class action ARS Pharmaceuticals neffy CVS Caremark insurance coverage misleading statements investor damages
Sentiment note

The company is the defendant in a securities class action lawsuit alleging material misrepresentation regarding insurance coverage timelines for its flagship product, resulting in artificially inflated stock prices and investor losses.

Negative GlobeNewswire Inc. • Rosen Law Firm
HDB IMPORTANT DEADLINE: ROSEN, TOP RAKED GLOBAL COUNSEL, Encourages HDFC Bank Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action - HDB

Rosen Law Firm announces securities class action lawsuits against HDFC Bank Limited and other companies. HDFC Bank is accused of camouflaging payments as marketing spend to pay higher interest to a state firm, with activities allegedly approved by senior management and potentially violating regulations. The lead plaintiff deadline for HDFC Bank is October 13, 2026. Investors who purchased securities during the specified class periods may be eligible for compensation.

HDB SPRY BE securities class action HDFC Bank investor lawsuit lead plaintiff deadline regulatory violations
Sentiment note

The company is subject to a securities class action lawsuit with an upcoming deadline, indicating alleged investor harm and potential regulatory or disclosure violations.

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