ARS Pharmaceuticals, Inc. · Healthcare · Biotechnology
Scores & Status Key
AI Summary Scores: Intraday / Swing / Long scores are synthesized from multi-factor analysis for each timeframe. They summarize current conditions discussed in the report and do not constitute trading recommendations.
Intraday Trend Score: A 0–100 composite from the Trend Explorer™ analytics engine used for ranking and comparison. It describes current conditions and is not a forecast.
Trend Status: A rules-based label (Bullish / Mixed / Bearish) derived from signal confluence (trend structure, momentum, and positioning). It indicates alignment, not expected return.
Last
$5.89
−$0.15 (−2.40%) 4:00 PM ET
Prev closePrevC$6.03
OpenOpen$6.03
Day highHigh$6.06
Day lowLow$5.86
VolumeVol1,188,145
Avg volAvgVol2,256,702
On chart
Interval
Intervals apply to 1D & 5D.
Intervals apply to 1D & 5D.
Scale: Linear
Overlays
Panels
Style
Scale: Linear
Presets
Tools
Tickers only (no ^ indexes). Add up to 5.
Mkt cap
$585.74M
EV/Sales
6.41
P/E ratio
-2.72
FY Revenue
$116.93M
EPS
-2.16
Gross Margin
71.37%
Div yield
0.00%
Sector
Healthcare
AI report sections
BEARISH
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:46SWING:35LONG:28
Volume vs average
Intraday (cumulative)
−28% (Below avg)
Vol/Avg: 0.72×
RSI
48.44(Neutral)
Neutral (40–60)
0255075100
MACD momentum
Intraday
-0.01 (Weak)
MACD: -0.00 Signal: 0.00
Short-Term
+0.09 (Strong)
MACD: -0.24 Signal: -0.33
Long-Term
+0.08 (Strong)
MACD: -0.72 Signal: -0.80
Intraday trend score
34.27
LOW34.27HIGH45.27
Latest news
SPRY•12 articles•Positive: 5Neutral: 1Negative: 6
NegativeGlobeNewswire Inc.• Rosen Law Firm
ROSEN, NATIONAL TRIAL LAWYERS, Encourages ARS Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPRY
Rosen Law Firm is seeking lead plaintiffs for a securities class action lawsuit against ARS Pharmaceuticals, Inc. (SPRY) for allegedly providing false and misleading statements regarding insurance coverage timelines for its epinephrine nasal spray product 'neffy' with CVS Caremark. Investors who purchased securities between March 9, 2026 and June 24, 2026 may be eligible for compensation. The lead plaintiff deadline is October 5, 2026.
SPRYsecurities class actionARS Pharmaceuticalsfalse statementsinsurance coverageneffyCVS Caremarklead plaintiff
Sentiment note
The company is the subject of a securities class action lawsuit alleging material misrepresentation regarding insurance coverage timelines for its product, causing investors to purchase securities at artificially inflated prices and suffer damages.
ARS PHARMACEUTICALS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against ARS Pharmaceuticals and Encourages Investors to Contact the Firm
A class action lawsuit has been filed against ARS Pharmaceuticals (NYSE:SPRY) 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 disclose risks of delays that would impact summer and back-to-school seasons. Investors who purchased ARS securities between March 9 and June 24, 2026 can apply to be lead plaintiff by October 5, 2026.
The company is accused of providing materially misleading statements to investors regarding product insurance coverage timelines while concealing known risks of delays. This represents alleged securities fraud that caused investor losses and damaged shareholder trust.
NegativeGlobeNewswire Inc.• Rosen Law Firm
ROSEN, NATIONAL TRIAL COUNSEL, Encourages ARS Pharmaceuticals, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPRY
Rosen Law Firm is reminding investors who purchased ARS Pharmaceuticals securities between March 9, 2026 and June 24, 2026 of an October 5, 2026 deadline to join a securities class action lawsuit. The lawsuit alleges that ARS Pharmaceuticals provided false and misleading statements regarding the timeline for expanded insurance coverage of its epinephrine nasal spray product (neffy) through CVS Caremark, causing investors to purchase securities at artificially inflated prices.
The company is the subject of a securities class action lawsuit alleging material misstatements and concealment regarding insurance coverage timelines for its flagship product, resulting in artificially inflated stock prices and investor losses.
NegativeGlobeNewswire Inc.• Rosen Law Firm
EQPT DEADLINE NOTICE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages EquipmentShare.com Inc Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - EQPT
Rosen Law Firm is notifying investors in EquipmentShare.com Inc, ARS Pharmaceuticals Inc, and Barclays PLC of ongoing securities class action lawsuits. EquipmentShare investors who purchased shares during the IPO or within the Class Period are encouraged to join the lawsuit, with a lead plaintiff deadline of September 21, 2026. The lawsuits allege material misstatements and omissions regarding business operations and financial disclosures.
EQPTSPRYBCSsecurities class actionIPOmaterial misstatementrelated party transactionsinvestor losses
Sentiment note
Company is subject to securities class action lawsuit; limited details provided but inclusion in lawsuit notice indicates alleged securities violations.
Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed ARS Pharmaceutic (SPRY)
A securities class action lawsuit has been filed against ARS Pharmaceuticals Inc. for allegedly providing misleading statements about expanded insurance coverage for its epinephrine nasal spray product neffy through CVS Caremark. The company failed to disclose risks that the July 1, 2026 coverage deadline might not be met. When the truth emerged on June 24, 2026, ARS stock declined over 23.9% in a single day.
The company is accused of providing materially misleading statements to investors regarding insurance coverage timelines while failing to disclose significant risks. The resulting stock price decline of 23.9% and class action lawsuit indicate serious investor harm and loss of confidence in management's credibility.
NegativeGlobeNewswire Inc.• Levi & Korsinsky, Llp
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of ARS Pharmaceuticals, Inc. Securities and Sets a Lead Plaintiff Deadline of October 5, 2026
Law firm Levi & Korsinsky has filed a class action lawsuit against ARS Pharmaceuticals for allegedly making false and misleading statements regarding expanded insurance coverage for its drug neffy through CVS Caremark. The company failed to meet its July 1, 2026 deadline for coverage expansion, causing the stock to plummet 23.9% on June 25, 2026. Investors who purchased securities between March 9 and June 24, 2026 can join the lawsuit with a lead plaintiff deadline of October 5, 2026.
SPRYclass action lawsuitsecurities fraudinsurance coveragemisleading statementsstock declineneffy drug
Sentiment note
Company allegedly made materially false and misleading statements about insurance coverage timelines, resulting in a 23.9% single-day stock decline and triggering a class action lawsuit for investor losses.
PositiveGlobeNewswire Inc.• Ars Pharmaceuticals, Inc.
ARS Pharmaceuticals Reports First Quarter 2026 Financial Results and Corporate Update
ARS Pharmaceuticals reported Q1 2026 total revenue of $22.7 million, with neffy (epinephrine nasal spray) generating $17.5 million in U.S. net product revenue. The company expanded its sales force to 148 representatives, secured approval from Health Canada, and achieved European Commission marketing authorization for EURneffy 1 mg. CVS Caremark formulary approval is in final stages with expected July 2026 effective date. The Phase 2b CSU trial interim population is fully enrolled with Q4 2026 readout expected. Despite strong commercial momentum, the company reported a net loss of $60.6 million for the quarter.
Strong commercial momentum with $17.5M in Q1 product revenue, successful sales force expansion to 148 reps, regulatory approvals in Canada and EU, CVS Caremark formulary approval in final stages, 28,000+ healthcare providers prescribing neffy, and 10,000+ schools enrolled in neffyinSchools program. However, offset by significant net loss of $60.6M and high SG&A expenses of $72.2M, indicating early-stage commercialization phase with substantial investment required.
PositiveGlobeNewswire Inc.• Not Specified
ARS Pharmaceuticals Announces Conference Call and Webcast for its First Quarter 2026 Financial Results
ARS Pharmaceuticals (Nasdaq: SPRY) announced a conference call scheduled for May 15, 2026, to discuss its first quarter 2026 financial results and business highlights. The company continues commercializing neffy®, an epinephrine nasal spray for emergency treatment of allergic reactions and anaphylaxis across multiple markets including the U.S., EU, and China.
The company is actively commercializing its flagship product neffy across multiple geographic markets (U.S., EU, China, Canada) with recent regulatory approvals including FDA label expansion to remove age requirements and Canadian approval. The scheduled earnings call indicates ongoing business operations and market expansion, suggesting positive momentum in product adoption and commercial execution.
PositiveGlobeNewswire Inc.• Ars Pharmaceuticals
ARS Pharmaceuticals Reports Third Quarter 2025 Financial Results and Highlights for neffy® (epinephrine nasal spray)
ARS Pharmaceuticals reported $32.5 million in revenue for Q3 2025, primarily from neffy epinephrine nasal spray sales. The company continues to expand market presence through direct-to-consumer campaigns and has strong cash reserves of $288.2 million.
Strong revenue growth, expanding product market share, successful direct-to-consumer campaigns, and substantial cash reserves indicate positive business performance
NeutralThe Motley Fool• Jesterai
ARS Pharma Sales Jump 3,040% in Q2
ARS Pharmaceuticals reported strong Q2 2025 revenue of $15.7 million, driven by its needle-free epinephrine nasal spray neffy. Prescription volumes grew 180%, and commercial coverage reached 93%, though high operating costs led to a net loss of $44.9 million.
Mixed performance with strong revenue growth and product adoption, but offset by significant operating expenses and net loss
PositiveGlobeNewswire Inc.• N/A
ARS Pharmaceuticals Files for Approval of neffy® in Canada and the United Kingdom on Behalf of Licensing Partner ALK-Abelló A/S
ARS Pharmaceuticals has filed for approval of its epinephrine nasal spray 'neffy' in Canada and the United Kingdom, where it will be marketed as 'EURneffy', on behalf of its licensing partner ALK-Abelló A/S. The filing is part of the company's efforts to expand the global availability of this life-saving treatment for severe allergic reactions.
The article highlights ARS Pharmaceuticals' efforts to expand the global availability of its epinephrine nasal spray 'neffy', which is indicated for the emergency treatment of severe allergic reactions. The company's filing for approval in Canada and the UK, as well as its existing licensing partnerships in other regions, suggest a positive outlook for the company's growth and the potential impact of its product.
ARS Pharmaceuticals announced that its licensing partners in China, Japan, and Australia have filed for regulatory approval of its epinephrine nasal spray, neffy, for the treatment of type I allergic reactions including anaphylaxis. The company is focused on making this life-saving treatment widely available globally.
SPRYARS Pharmaceuticalsneffyepinephrine nasal sprayanaphylaxistype I allergic reactions
Sentiment note
The article highlights ARS Pharmaceuticals' efforts to make its life-saving epinephrine nasal spray, neffy, available globally through regulatory filings in multiple countries. This suggests the company is proactively working to expand access to its innovative product.
News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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