BHVN Cuplikan Saham Harga, kapitalisasi pasar, P/E, EPS, ROE, utang/ekuitas, kisaran 52 minggu

03

Harga $12.87

Kapitalisasi Pasar (MRQ) $1.94B

P/E -1.9

EPS $-6.86

ROE -310.8%

Rentang 52M $7–$19

BHVN Grafik Harga Saham OHLCV harian dengan indikator teknis — geser, perbesar, dan sesuaikan tampilan Anda

04

rentang

batang

Granularitas batang menyesuaikan dengan periode yang dipilih — arahkan kursor ke bagan untuk melihat buka/tinggi/rendah/tutup untuk sebuah batang.

Kinerja 10 Tahun Tren Pendapatan, laba bersih, margin, dan EPS

06

EPS$-6.86

2020-12-31 → 2025-12-31

Arus Kas Bebas$-610M

2022-12-31 → 2025-12-31

Valuasi & Rasio 07–12

Valuasi Rasio P/E, P/S, P/B, EV/EBITDA — apakah sahamnya mahal atau murah?

Metrik	BHVN	rata-rata 5T	Median Rekan	Kesimpulan
P/E	-1.9rata-rata 5T ≈-3.6	≈-3.6	·	·
P/B (MRQ)	159.0rata-rata 5T ≈11.9	≈11.9	4.3	Terlalu mahal
Harga / FCF (TTM)	-3.8rata-rata 5T ≈-5.6	≈-5.6	·	·
Harga / Arus Kas (TTM)	-3.8rata-rata 5T ≈-5.6	≈-5.6	·	·
Harga / Nilai Buku Berwujud (MRQ)	-314.6rata-rata 5T ≈16.5	≈16.5	·	·

Median rekan dihitung berdasarkan basis standar per metrik dan mungkin tidak selalu cocok dengan basis TTM/MRQ yang ditampilkan untuk saham ini.

Profitabilitas Margin kotor, operasional, dan bersih; ROE, ROA, ROIC

Metrik	BHVN	rata-rata 5T	Median Rekan	Kesimpulan
ROA	-138.5%rata-rata 5T ≈-125.0%	≈-125.0%	-36.1%	Lemah
ROE	-310.8%rata-rata 5T ≈-199.1%	≈-199.1%	-60.0%	Lemah
ROIC	-1434.2%rata-rata 5T ≈-462.6%	≈-462.6%	-62.7%	Lemah

Kesehatan Keuangan Utang, likuiditas, solvabilitas — kekuatan neraca

Metrik	Tren 5 Tahun	BHVN	rata-rata 5T	Median Rekan	Kesimpulan
Rasio Lancar (MRQ)		4.7rata-rata 5T ≈5.3	≈5.3	5.5	Likuiditas rendah
Quick Ratio (Rasio Cepat)		2.8rata-rata 5T ≈4.5	≈4.5	4.5	Likuiditas rendah

Metrik Per Saham EPS, nilai buku per saham, arus kas per saham, dividen per saham

Metrik	BHVN	rata-rata 5T	Median Rekan	Kesimpulan
EPS (Diluted)	$-6.86rata-rata 5T ≈$-8.01	≈$-8.01	·	·
Cash Flow / Share (Arus Kas / Saham)	$-5.66rata-rata 5T ≈$-5.84	≈$-5.84	·	·
Cash / Share (Kas / Saham)	$1.73rata-rata 5T ≈$2.19	≈$2.19	·	·

nilai · ≈ rata-rata 5T · median industri · penilaian relatif terhadap median

Riwayat Pendapatan EPS aktual vs perkiraan, kejutan %, tingkat keberhasilan, tanggal pendapatan berikutnya

14

Kejutan Rata-rata -4.8%

Laporan Berikutnya Nov 09, 2026

Periode	Laporan	EPS Aktual	EPS Estimasi	Kejutan
30 Juni 2026	Agu 10, 2026	$-0.91	$-0.75	-21.7%
31 Maret 2026		$-0.88	$-0.84	-4.2%
31 Des. 2025		$-1.21	$-1.32	8.0%
30 Sep. 2025		$-1.64	$-1.93	15.0%
30 Juni 2025		$-1.94	$-1.93	-0.55%
31 Maret 2025		$-2.17	$-1.73	-25.5%

Fundamental Lengkap Semua metrik per tahun — laporan laba rugi, neraca, arus kas

15

Laporan Laba Rugi 13

Metrik	2025	2024	2023	2022	2021
R&D Expense	$635M	$796M	$373M	$437M	$181M
SG&A Expense	$110M	$89M	$63M	$131M	$37M
Operating Expenses	$745M	$885M	$436M	$568M	$219M
Operating Income	$-745M	$-885M	$-436M	$-568M	$-219M
Other Non-op	$8M	$39M	$26M	$-2M	$1M
Pretax Income	$-737M	$-846M	$-410M	$-570M	$-212M
Income Tax	$1M	$735.0K	$-1M	$438.0K	$1M
Net Income	$-739M	$-846M	$-408M	$-570M	$-214M
EPS (Basic)	$-6.86	$-9.28	$-5.73	$-12.75	$-5.43
EPS (Diluted)	$-6.86	$-9.28	$-5.73	$-12.75	$-5.43
Shares (Basic)	107,624,885	91,234,337	71,200,527	44,741,316	39,375,944
Shares (Diluted)	107,624,885	91,234,337	71,200,527	44,741,316	39,375,944
EBITDA	$-735M	$-877M	$-429M	$-567M	·

Neraca 24

Metrik	2025	2024	2023	2022	2021
Cash & Equivalents	$230M	$99M	$248M	$205M	$76M
Short-term Investments	$89M	$387M	$133M	$260M	$0
Prepaid Expense	$47M	$49M	$35M	$21M	$7M
Other Current Assets	$2M	$3M	$12M	$19M	$2M
Current Assets	$368M	$538M	$442M	$587M	$95M
PP&E (Net)	$16M	$17M	$17M	$18M	$13M
Accum. Depreciation	$16M	$12M	$8M	$5M	$3M
Goodwill	$1M	$1M	$1M	$1M	$1M
Intangibles	$18M	$18M	$18M	$18M	$18M
Other Non-current Assets	$47M	$40M	$34M	$38M	$14M
Total Assets	$451M	$615M	$513M	$662M	$142M
Accounts Payable	$12M	$18M	$16M	$11M	$5M
Accrued Liabilities	$104M	$51M	$40M	$44M	$37M
Current Liabilities	$116M	$154M	$55M	$90M	$42M
Capital Leases	$40M	$33M	$28M	$31M	$3M
Other Non-current Liabilities	$5M	$5M	$2M	$2M	$3M
Total Liabilities	$399M	$192M	$85M	$123M	$47M
Common Stock	$1.93B	$1.66B	$888M	$616M	$0
Paid-in Capital	$194M	$112M	$40M	$14M	$0
Retained Earnings	$-2.08B	$-1.35B	$-499M	$-91M	$0
AOCI	$8M	$79.0K	$-65.0K	$284.0K	$0
Stockholders' Equity	$52M	$423M	$428M	$539M	$35M
Liabilities + Equity	$451M	$615M	$513M	$662M	$142M
Shares Outstanding	132,775,113	101,221,989	81,115,723	68,190,479	0

Arus Kas 13

Metrik	2025	2024	2023	2022	2021
D&A	$10M	$8M	$7M	$1M	$1M
Stock-based Comp	$112M	$72M	$29M	$194M	$66M
Deferred Tax	$0	$0	$0	$0	$0
Other Non-cash	$7M	$184M	$41M	$78M	·
Operating Cash Flow	$-609M	$-582M	$-332M	$-298M	$-146M
CapEx	$715.0K	$4M	$3M	$6M	$938.0K
Investing Cash Flow	$301M	$-245M	$130M	$-305M	$944.0K
Stock Issued	$189M	$666M	$243M	$284M	$0
Net Stock Activity	$189M	$666M	$243M	$284M	·
Financing Cash Flow	$439M	$678M	$212M	$768M	$138M
Net Change in Cash	$130M	$-150M	$10M	$166M	$-6M
Taxes Paid	$133.0K	$-10M	$-33M	$38M	$17M
Free Cash Flow	$-610M	$-587M	$-335M	$-304M	·

Profitabilitas 3

Metrik	2025	2024	2023	2022	2021
ROA	-138.5%	-150.0%	-69.5%	-141.9%	·
ROE	-310.8%	-198.8%	-84.4%	-202.3%	·
ROIC	-1434.2%	-209.2%	-101.5%	-105.5%	·

Likuiditas & Solvabilitas 2

Metrik	Tren	2025	2024	2023	2022	2021
Current Ratio		3.2	3.5	8.0	6.5	·
Quick Ratio		2.8	3.2	6.9	5.2	·

Per Saham 4

Metrik	2025	2024	2023	2022	2021
Book Value / Share	$0.39	$4.18	$5.28	$7.90	·
Cash Flow / Share	$-5.66	$-6.38	$-4.66	$-6.65	·
Cash / Share	$1.73	$0.98	$3.06	$3.00	·
EPS (TTM)	$-6.86	$-9.28	$-5.73	$-12.75	·

Valuasi (TTM) 8

Metrik	2025	2024	2023	2022	2021
Net Income TTM	$-739M	$-846M	$-408M	$-570M	·
Market Cap	$1.50B	$3.78B	$3.47B	$946M	·
P/E	-1.6	-4.0	-7.5	-1.1	·
P/B	28.8	8.9	8.1	1.8	·
P / Tangible Book	46.4	9.4	8.5	1.8	·
P / Cash Flow	-2.5	-6.5	-10.5	-3.2	·
P / FCF	-2.5	-6.4	-10.4	-3.1	·
Earnings Yield	-60.8%	-24.9%	-13.4%	-91.9%	·

Laporan Laba Rugi 13

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
R&D Expense	$101M	$104M	$122M	$141M	$184M	$188M	$167M	$158M	$315M	$156M	$135M	$96M	$79M	$63M	$53M	$177M
SG&A Expense	$24M	$27M	$21M	$28M	$27M	$34M	$22M	$21M	$19M	$27M	$19M	$15M	$15M	$14M	$15M	$20M
Operating Expenses	$125M	$130M	$143M	$169M	$212M	$222M	$190M	$178M	$334M	$183M	$154M	$111M	$94M	$78M	$68M	$197M
Operating Income	$-125M	$-130M	$-143M	$-169M	$-212M	$-222M	$-190M	$-178M	$-334M	$-183M	$-154M	$-111M	$-94M	$-78M	$-68M	$-197M
Other Non-op	$-12M	$168.0K	$-2M	$-4M	$14M	$493.0K	$3M	$18M	$14M	$4M	$8M	$5M	$6M	$8M	$0	$-67.0K
Pretax Income	$-137M	$-130M	$-145M	$-173M	$-198M	$-221M	$-187M	$-160M	$-320M	$-179M	$-146M	$-106M	$-88M	$-70M	$-68M	$-197M
Income Tax	$391.0K	$272.0K	$351.0K	$221.0K	$261.0K	$609.0K	$48.0K	$-59.0K	$177.0K	$569.0K	$-1M	$-3M	$2M	$939.0K	$1M	$6M
Net Income	$-137M	$-131M	$-146M	$-173M	$-198M	$-222M	$-187M	$-160M	$-320M	$-180M	$-145M	$-103M	$-90M	$-70M	$-69M	$-203M
EPS (Basic)	$-0.91	$-0.88	$-1.11	$-1.64	$-1.94	$-2.17	$-1.74	$-1.70	$-3.64	$-2.20	$-1.88	$-1.50	$-1.32	$-1.03	$-1.75	$-5.16
EPS (Diluted)	$-0.91	$-0.88	$-1.11	$-1.64	$-1.94	$-2.17	$-1.74	$-1.70	$-3.64	$-2.20	$-1.88	$-1.50	$-1.32	$-1.03	$-1.75	$-5.16
Shares (Basic)	150,636,620	147,615,197	·	105,815,038	102,372,820	101,943,396	·	94,372,159	87,766,069	81,601,826	·	68,320,125	68,248,023	68,206,879	39,375,944	39,375,944
Shares (Diluted)	150,636,620	147,615,197	·	105,815,038	102,372,820	101,943,396	·	94,372,159	87,766,069	81,601,826	·	68,320,125	68,248,023	68,206,879	39,375,944	39,375,944
EBITDA	$-125M	$-128M	·	$-169M	$-212M	$-219M	·	$-178M	$-334M	$-182M	·	$-111M	$-94M	$-76M	$-68M	·

Neraca 24

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
Cash & Equivalents	$238M	$273M	$230M	$185M	$166M	$98M	$99M	$84M	$239M	$183M	$248M	$112M	$148M	$125M	$51M	·
Short-term Investments	$30M	$75M	$89M	$75M	$239M	$224M	$387M	$294M	$198M	$101M	·	$129M	$188M	$263M	·	·
Prepaid Expense	$27M	$35M	$47M	$55M	$61M	$56M	$49M	$55M	$60M	$46M	·	$34M	$28M	$26M	$18M	·
Other Current Assets	$2M	$3M	$2M	$8M	$8M	$4M	$3M	$1M	$7M	$11M	·	$23M	$22M	$25M	$12M	·
Current Assets	$297M	$386M	$368M	$324M	$475M	$383M	$538M	$440M	$511M	$349M	·	$311M	$434M	$544M	$81M	·
PP&E (Net)	$15M	$15M	$16M	$18M	$19M	$18M	$17M	$18M	$19M	$17M	·	$18M	$17M	$17M	$17M	·
Accum. Depreciation	$17M	$17M	$16M	$15M	$14M	$13M	$12M	$11M	$10M	$9M	·	$7M	$6M	$6M	$5M	·
Goodwill	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	·	$1M	$1M	$1M	$1M	·
Intangibles	$18M	$18M	$18M	$18M	$18M	$18M	$18M	$18M	$18M	$18M	·	$18M	$18M	$18M	$18M	·
Other Non-current Assets	$39M	$46M	$47M	$48M	$37M	$39M	$40M	$32M	$33M	$33M	·	$35M	$36M	$37M	$18M	·
Total Assets	$371M	$466M	$451M	$409M	$550M	$459M	$615M	$511M	$583M	$419M	·	$383M	$507M	$619M	$136M	·
Accounts Payable	$12M	$10M	$12M	$17M	$20M	$19M	$18M	$20M	$17M	$36M	·	$10M	$12M	$14M	$5M	·
Accrued Liabilities	$51M	$42M	$104M	$74M	$79M	$57M	$51M	$64M	$58M	$50M	·	$53M	$35M	$38M	$24M	·
Current Liabilities	$63M	$52M	$116M	$113M	$124M	$164M	$154M	$152M	$156M	$87M	·	$62M	$88M	$114M	$28M	·
Capital Leases	$33M	$38M	$40M	$40M	$30M	$31M	$33M	$25M	$26M	$27M	·	$28M	$29M	$30M	$4M	·
Other Non-current Liabilities	$3M	$5M	$5M	$5M	$5M	$5M	$5M	$5M	$4M	$3M	·	$2M	$3M	$2M	$7M	·
Total Liabilities	$359M	$337M	$399M	$426M	$416M	$199M	$192M	$195M	$199M	$117M	·	$93M	$119M	$146M	$35M	·
Common Stock	$2.14B	$2.13B	$1.93B	$1.74B	$1.74B	$1.69B	$1.66B	$1.38B	$1.30B	$911M	·	$619M	$618M	$616M	·	·
Paid-in Capital	$220M	$203M	$194M	$178M	$157M	$137M	$112M	$93M	$84M	$69M	·	$26M	$22M	$17M	·	·
Retained Earnings	$-2.35B	$-2.22B	$-2.08B	$-1.94B	$-1.77B	$-1.57B	$-1.35B	$-1.16B	$-999M	$-679M	·	$-355M	$-252M	$-162M	·	·
AOCI	$5M	$8M	$8M	$36.0K	$-3.0K	$73.0K	$79.0K	$140.0K	$-78.0K	$-106.0K	·	$158.0K	$20.0K	$166.0K	·	·
Stockholders' Equity	$12M	$130M	$52M	$-17M	$135M	$259M	$423M	$316M	$384M	$301M	$428M	$290M	$387M	$472M	$100M	·
Liabilities + Equity	$371M	$466M	$451M	$409M	$550M	$459M	$615M	$511M	$583M	$419M	·	$383M	$507M	$619M	$136M	·
Shares Outstanding	151,017,531	150,506,490	132,775,113	105,803,655	105,782,447	102,104,024	101,221,989	94,899,193	92,346,332	81,807,221	·	68,364,143	68,316,953	68,212,479	100	·

Arus Kas 11

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
D&A	$2M	$2M	$3M	$3M	$2M	$2M	$2M	$2M	$2M	$1M	$2M	$2M	$2M	$2M	$377.0K	$415.0K
Stock-based Comp	$19M	$28M	$17M	$22M	$21M	$53M	$13M	$12M	$12M	$35M	$16M	$4M	$5M	$4M	$17M	$21M
Other Non-cash	·	$-50M	·	·	·	$1M	·	·	·	$41M	·	·	·	$-13M	·	·
Operating Cash Flow	$-85M	$-150M	$-131M	$-146M	$-168M	$-165M	$-171M	$-141M	$-168M	$-103M	$-115M	$-95M	$-44M	$-78M	$-96M	$-68M
CapEx	$454.0K	$0	$8.0K	$13.0K	$233.0K	$461.0K	$49.0K	$611.0K	$3M	$440.0K	$470.0K	$1M	$595.0K	$735.0K	$5M	$1M
Investing Cash Flow	$45M	$15M	$-14M	$165M	$-16M	$165M	$-88M	$-93M	$-98M	$34M	$-4M	$59M	$76M	$-1M	$-5M	$-36M
Stock Issued	$0	$179M	$189M	$0	$0	$0	$271M	$76M	·	·	$243M	$0	·	·	·	·
Net Stock Activity	·	$179M	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Financing Cash Flow	$4M	$179M	$189M	$122.0K	$250M	$369.0K	$273M	$80M	$321M	$3M	$245M	$-40M	$-20M	$27M	$128M	$87M
Net Change in Cash	$-36M	$44M	$44M	$19M	$66M	$147.0K	$15M	$-154M	$55M	$-65M	$126M	$-76M	$11M	$-52M	$27M	$-17M
Free Cash Flow	·	$-150M	·	·	·	$-166M	·	·	·	$-103M	·	·	·	$-78M	·	·

Profitabilitas 3

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
ROA	-29.8%	-28.2%	·	-37.7%	-35.0%	-50.5%	·	-35.9%	-58.7%	-34.6%	·	-39.6%	-35.7%	-22.8%	-101.5%	·
ROE	-187.1%	-67.1%	·	-116.1%	-76.5%	-79.0%	·	-52.9%	-83.0%	-46.4%	·	-52.6%	-46.7%	-29.8%	-137.4%	·
ROIC	-1024.8%	-100.9%	·	988.3%	-157.5%	-85.6%	·	-56.4%	-87.0%	-61.0%	·	-36.9%	-24.9%	-16.7%	-68.7%	·

Likuiditas & Solvabilitas 2

Metrik	Tren	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
Current Ratio		4.7	7.4	·	2.9	3.8	2.3	·	2.9	3.3	4.0	·	5.0	4.9	4.8	2.8	·
Quick Ratio		4.3	6.7	·	2.3	3.3	2.0	·	2.5	2.8	3.3	·	3.9	3.8	3.4	1.8	·

Per Saham 4

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
Book Value / Share	$0.08	$0.86	·	$-0.16	$1.27	$2.54	·	$3.33	$4.16	$3.68	·	$4.24	$5.67	$6.92	$1002160.00	·
Cash Flow / Share	·	$-1.02	·	·	·	$-1.62	·	·	·	$-1.26	·	·	·	$-1.14	·	·
Cash / Share	$1.58	$1.81	·	$1.75	$1.57	$0.96	·	$0.89	$2.59	$2.23	·	$1.63	$2.16	$1.83	$506680.00	·
EPS (TTM)	$-4.54	$-5.57	·	$-7.49	$-7.55	$-9.25	·	$-9.42	$-9.22	$-6.90	·	$-7.23	$-7.48	$-11.32	$-10.69	$-10.32

Valuasi (TTM) 7

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
Net Income TTM	$-587M	$-648M	·	$-780M	$-767M	$-889M	·	$-804M	$-747M	$-517M	·	$-465M	$-431M	$-544M	$-421M	$-407M
Market Cap	$2.25B	$1.27B	·	$1.59B	$1.49B	$2.45B	·	$4.74B	$3.21B	$4.47B	·	$1.78B	$1.63B	$932M	$616	·
P/E	-3.3	-1.5	·	-2.0	-1.9	-2.6	·	-5.3	-3.8	-7.9	·	-3.6	-3.2	-1.2	-0.6	·
P/B	183.9	9.8	·	-92.5	11.1	9.5	·	15.0	8.4	14.8	·	6.1	4.2	2.0	0.0	·
P / Tangible Book	·	11.6	·	·	13.0	10.2	·	16.0	8.8	15.9	·	6.6	4.4	2.1	0.0	·
P / Cash Flow	·	-8.5	·	·	·	-14.9	·	·	·	-43.6	·	·	·	-12.0	·	·
Earnings Yield	-30.5%	-65.8%	·	-49.9%	-53.5%	-38.5%	·	-18.9%	-26.6%	-12.6%	·	-27.8%	-31.3%	-82.9%	-173.6%	·

Periode terbaru di sebelah kiri · nilai null ditampilkan sebagai ·

Laporan Keuangan Laporan laba rugi, neraca, arus kas — tahunan, 5 tahun terakhir

16

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Laba Bersih	$-739M	$-846M	$-408M	$-570M	$-214M
EPS Dilusian	$-6.86	$-9.28	$-5.73	$-12.75	$-5.43

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Rasio Lancar	3.2	3.5	8.0	6.5	·
Rasio Cepat	2.8	3.2	6.9	5.2	·

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Arus Kas Bebas	$-610M	$-587M	$-335M	$-304M	·

Pemilik institusional (13F) 326 pengaju · $2.3B total · Per tanggal 30 Sep. 2026

17

Institusi yang melaporkan kepemilikan saham ini dalam SEC Form 13F triwulanan mereka. Hanya posisi panjang; satu pengaju dapat muncul dua kali untuk leg opsi terpisah. Kaki put/call offset yang besar biasanya mencerminkan pembuatan pasar atau inventaris yang dilindungi, bukan keyakinan arah.

Pemegang 326

Nilai yang dipegang $2.3B

Posisi baru 55

Posisi yang keluar 31

Aktivitas institusional — Q2 2026 vs kuartal sebelumnya

Posisi baru	Posisi yang keluar	Meningkat	Menurun	Perubahan bersih saham
55 (+3 vs Kuartal sebelumnya)	31 (-6 vs Kuartal sebelumnya)	110 (-5 vs Kuartal sebelumnya)	84 (+14 vs Kuartal sebelumnya)	-8.9M

Dibandingkan dengan Q1 2026. Pengajuan Formulir 13F SEC jatuh tempo dalam waktu 45 hari setelah akhir kuartal ditambah kelonggaran singkat untuk pengaju terlambat — kuartal yang masih dalam jangka waktu tersebut dilewati demi pasangan terakhir yang dilaporkan sepenuhnya.

Institusi	Nilai	Saham	% dari 13F yang dilacak	Tipe
BlackRock, Inc.	$196.573.505	13.210.585	8,61%	Saham
MONTANOVA CAPITAL, LLC	$153.069.623	10.286.937	6,71%	Saham
JANUS HENDERSON GROUP PLC	$148.213.808	17.534.612	6,50%	Saham
STIFEL FINANCIAL CORP	$147.924.530	9.941.165	6,48%	Saham
Woodline Partners LP	$113.984.966	7.660.280	5,00%	Saham
STATE STREET CORP	$103.371.866	6.947.034	4,53%	Saham
INFINITUM ASSET MANAGEMENT, LLC	$93.000.000	6.250.000	4,08%	Saham
RP Management, LLC	$70.593.628	2.936.507	3,09%	Saham
D. E. Shaw & Co., Inc.	$62.350.102	4.190.195	2,73%	Saham
AQR CAPITAL MANAGEMENT LLC	$61.761.159	4.150.616	2,71%	Saham
VANGUARD GROUP INC	$49.630.230	4.395.946	2,18%	Saham
GEODE CAPITAL MANAGEMENT, LLC	$49.460.273	3.323.190	2,17%	Saham
FMR LLC	$44.113.698	2.964.630	1,93%	Saham
Royalty Pharma Sub-Manager, LLC	$43.695.224	2.936.507	1,91%	Saham
Cormorant Asset Management, LP	$38.836.800	2.610.000	1,70%	Saham
GOLDMAN SACHS GROUP INC	$38.435.724	2.583.046	1,68%	Saham
UBS Group AG	$37.480.146	2.518.827	1,64%	Saham
VANGUARD PORTFOLIO MANAGEMENT LLC	$37.035.442	2.488.941	1,62%	Saham
Balyasny Asset Management L.P.	$27.970.442	1.879.734	1,23%	Saham
TCG Crossover Management, LLC	$26.485.686	1.779.952	1,16%	Saham
Nuveen, LLC	$25.955.690	1.744.334	1,14%	Saham
Rubric Capital Management LP	$25.615.816	1.721.493	1,12%	Saham
CITADEL ADVISORS LLC	$24.100.779	1.619.676	1,06%	Saham
VANGUARD CAPITAL MANAGEMENT LLC	$22.153.478	1.488.809	0,97%	Saham
BANK OF AMERICA CORP /DE/	$21.990.229	1.477.838	0,96%	Saham
ARS Investment Partners, LLC	$20.447.873	1.374.185	0,90%	Saham
BNP PARIBAS FINANCIAL MARKETS	$18.219.399	1.224.422	0,80%	Saham
Capital Research Global Investors	$17.849.230	1.199.545	0,78%	Saham
NORTHERN TRUST CORP	$17.650.820	1.186.211	0,77%	Saham
MYDA Advisors LLC	$17.112.000	1.150.000	0,75%	Saham
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$16.506.131	1.109.283	0,72%	Saham
STEMPOINT CAPITAL LP	$15.835.296	1.064.200	0,69%	Saham
Simplify Asset Management Inc.	$15.478.994	1.040.255	0,68%	Saham
ADAGE CAPITAL PARTNERS GP, L.L.C.	$14.880.000	1.000.000	0,65%	Saham
Qube Research & Technologies Ltd	$13.480.313	905.935	0,59%	Saham
VOLORIDGE INVESTMENT MANAGEMENT, LLC	$13.134.933	882.724	0,58%	Saham
MORGAN STANLEY	$12.519.320	841.351	0,55%	Saham
VANGUARD FIDUCIARY TRUST CO	$12.332.232	828.779	0,54%	Saham
Ikarian Capital, LLC	$11.132.933	748.181	0,49%	Saham
Erste Asset Management GmbH	$11.022.635	737.300	0,48%	Saham
5AM Venture Management, LLC	$10.995.903	738.972	0,48%	Saham
Iron Triangle Partners LP	$10.819.613	958.336	0,47%	Saham
Integral Health Asset Management, LLC	$10.416.000	700.000	0,46%	Saham
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$9.780.624	657.300	0,43%	Opsi beli
MARSHALL WACE, LLP	$9.692.074	651.349	0,42%	Saham
Longaeva Partners L.P.	$8.926.557	599.903	0,39%	Saham
ORACLE INVESTMENT MANAGEMENT INC	$8.717.923	772.181	0,38%	Saham
Sarissa Capital Management LP	$8.664.803	582.312	0,38%	Saham
Pfizer Inc	$8.004.360	505.645	0,35%	Saham
Eversept Partners, LP	$7.675.164	515.804	0,34%	Saham

Tampilkan semua 326 pemilik institusional →

Orang dalam perusahaan 13 orang dalam · 5 pejabat · 5 direktur

19

Orang Dalam	Peran	Aktivitas terakhir	Saham dimiliki	Beli 12m	Bersih 12m
Vlad Coric	Chief Executive Officer	27 Feb. 2026 A	1.803.968	2	$4.999.996
Matthew Buten	Chief Financial Officer	27 Feb. 2026 A	195.652	0	$0
Kimberly Gentile	SVP, Clinical Operations	15 Sep. 2026 A	99.557	0	$0
George C. Clark	VP, Chief Accounting Officer	27 Feb. 2026 A	66.978	1	$144.840
Bruce Car	Chief Scientific Officer	27 Feb. 2026 A	7.715	0	$0
Irina Antonijevic	Direktur	28 April 2026 A	2.535	0	$0
Kishan Mehta	Direktur	28 April 2026 A	17.342	0	$0
Michael Thomas Heffernan	Direktur	28 April 2026 A	15.178	0	$0
John W Childs	Direktur	28 April 2026 A	2.323.971	2	$25.864.210
Biohaven Pharmaceutical Holding Co Ltd.	Pemilik 10%	3 Okt. 2022 J	0	0	$0
Gregory H. Bailey	·	28 April 2026 A	2.020.071	1	$3.000.000
Robert J Hugin	·	28 April 2026 A	12.959	0	$0
Julia P Gregory	·	28 April 2026 A	25.665	0	$0

Orang dalam dari pengajuan SEC Form 3/4/5; bersih = hanya P/S pasar terbuka

Kepemilikan ETF Dimiliki oleh 19 ETF

20

Bobot mencerminkan kepemilikan ekuitas langsung (N-PORT) saja; dana berbasis leverage atau derivatif mungkin memiliki eksposur swap tambahan yang tidak ditampilkan.

Dana	Bobot	Unit	Per tanggal	Sumber
IBRN · iShares Trust	1,68%	9.836 SH	11 Sep. 2026	Harian
LABU · Direxion Shares ETF Trust	0,35%	128.814 NS	31 Juli 2026	N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust	0,13%	255.530 SH	2 Okt. 2026	Harian
NUSC · Nushares ETF Trust	0,13%	120.245 NS	31 Juli 2026	N-PORT
VTWG · VANGUARD SCOTTSDALE FUNDS	0,12%	143.177 SH	19 Agu 2026	Harian
IBB · iShares Trust	0,12%	957.494 SH	11 Sep. 2026	Harian
IWO · iShares Trust	0,11%	1.252.927 SH	11 Sep. 2026	Harian
ESML · iShares Trust	0,07%	161.187 SH	11 Sep. 2026	Harian
VTWO · VANGUARD SCOTTSDALE FUNDS	0,06%	768.380 SH	19 Agu 2026	Harian
RSSL · Global X Funds	0,06%	63.802 NS	31 Juli 2026	N-PORT
IWM · iShares Trust	0,06%	3.410.283 SH	11 Sep. 2026	Harian
VHT · VANGUARD WORLD FUND	0,03%	373.567 SH	19 Agu 2026	Harian
VXF · VANGUARD INDEX FUNDS	0,02%	1.488.809 SH	19 Agu 2026	Harian
WSML · iShares Trust	0,01%	7.762 SH	11 Sep. 2026	Harian
IWV · iShares Trust	0,00%	36.959 SH	11 Sep. 2026	Harian
ITOT · iShares Trust	0,00%	169.731 SH	11 Sep. 2026	Harian
VTHR · VANGUARD SCOTTSDALE FUNDS	0,00%	11.060 SH	19 Agu 2026	Harian
ISCB · iShares Trust	·	5.941 SH	11 Sep. 2026	Harian
ISCV · iShares Trust	·	28.693 SH	11 Sep. 2026	Harian

BHVN Konsensus Analis Opini analis bullish dan bearish, target harga 12 bulan, potensi kenaikan

21

peringkat · 23 analis BELI

Target median $20.00 +55,4%

7 30,4% Beli Kuat

11 47,8% Beli

4 17,4% Tahan

1 4,3% Jual

0 0,0% Jual Kuat

Target Harga 12 Bulan

15 analis · 2026-10-01

Target rata-rata $21.27 +65,2%

Sekarang Harga saat ini $12.87

Rendah$10.00 Rata-rata$21.27 Tinggi$42.00

Perbandingan rekan (sub-industri GICS) Metrik utama vs rekan sektor

22

Dasar FY, harga per penutupan akhir tahun fiskal terakhir setiap perusahaan.

Ticker	Kapitalisasi Pasar	P/E	Pendapatan YoY	Margin Bersih	ROE	Margin Kotor
BHVN	$1.50B	-1.6	·	·	-310.8%	·
MLYS	$2.96B	-15.8	·	·	-32.2%	·
BCRX	$1.66B	6.4	94.1%	30.2%	-97.6%	·
ZBIO	$1.98B	-4.3	100.0%	-3777.4%	-156.8%	·
VCEL	$1.82B	112.5	16.4%	6.0%	5.0%	74.4%
AGIO	$1.59B	-3.8	48.0%	-764.0%	-32.2%	·
VIR	$841M	-1.9	-7.6%	-638.9%	-51.1%	·
PVLA	$1.30B	-28.2	65.3%	-1610.6%	-110.1%	·
ABSI	$529M	-4.2	-38.2%	-4113.7%	-63.5%	·
SRPT	$2.26B	-3.0	15.6%	-32.5%	-57.1%	·
GENB	·	·	·	·	·	·

Berita Terbaru Berita utama terbaru yang menyebutkan perusahaan ini

23

Mengapa Saham Biohaven Menguat pada Hari Senin Nasdaq · 5 bulan, 2 minggu lalu

Metrik Saya Daftar pantauan pribadi Anda — baris yang dipilih dari Fundamental Lengkap

26

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BHVN Biohaven Ltd. Common Shares