$TGTX: Q1 2026 Earnings Report: Total revenue of approximately $205 million (up 70% year-over-year; BRIUMVI U.S. net revenue of approximately $195 million), net income of $19.8 million (EPS $0.12–$0.17, slightly below expectations but revenue exceeded expectations). The company significantly raised its full-year 2026 guidance: total revenue of $925 million, with BRIUMVI U.S. net revenue of $885–900 million (previously $825–850 million).
Key Drivers: BRIUMVI (ublituximab-xiiy), the core product for relapsing multiple sclerosis (RMS), is experiencing strong sales and growing market share. The company has achieved a profitability turnaround, maintains ample cash reserves (approximately $573 million at the end of Q1), and has a share repurchase program in place.
Latest Positive News (June 3–9): Subcutaneous BRIUMVI delivered positive top-line results in a Phase 1 trial for myasthenia gravis (MG)—82% of patients achieved clinically meaningful improvement on the MG-ADL scale (average improvement >4 points)—and a potential registrational Phase 2 trial has been initiated (as maintenance therapy following efgartigimod induction). This expands BRIUMVI’s indication potential beyond the core RMS market, leading to a significant surge in the stock price.
Key Points to Watch
Upcoming catalysts: ENHANCE data (mid-year), Q2 earnings (around August), MG Phase 2 progress.
Competitive landscape, sales execution, market penetration.
Macro: Interest rate environment, biotech funding/M&A sentiment.
Technicals: Volume, support/resistance levels.$TGTX: Q1 2026 Earnings Report: Total revenue of approximately $205 million (up 70% year-over-year; BRIUMVI U.S. net revenue of approximately $195 million), net income of $19.8 million (EPS $0.12–$0.17, slightly below expectations but revenue exceeded expectations). The company significantly raised its full-year 2026 guidance: total revenue of $925 million, with BRIUMVI U.S. net revenue of $885–900 million (previously $825–850 million).
Key Drivers: BRIUMVI (ublituximab-xiiy), the core product for relapsing multiple sclerosis (RMS), is experiencing strong sales and growing market share. The company has achieved a profitability turnaround, maintains ample cash reserves (approximately $573 million at the end of Q1), and has a share repurchase program in place.
Latest Positive News (June 3–9): Subcutaneous BRIUMVI delivered positive top-line results in a Phase 1 trial for myasthenia gravis (MG)—82% of patients achieved clinically meaningful improvement on the MG-ADL scale (average improvement >4 points)—and a potential registrational Phase 2 trial has been initiated (as maintenance therapy following efgartigimod induction). This expands BRIUMVI’s indication potential beyond the core RMS market, leading to a significant surge in the stock price.
Key Points to Watch
Upcoming catalysts: ENHANCE data (mid-year), Q2 earnings (around August), MG Phase 2 progress.
Competitive landscape, sales execution, market penetration.
Macro: Interest rate environment, biotech funding/M&A sentiment.
Technicals: Volume, support/resistance levels.
Buy Zone: $41.5–$42.0
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Buy Zone: $41.5–$42.0
#TGTX #BRIUMVI #BiotechStocks #MultipleSclerosis #MyastheniaGravis #StockMarket #GrowthStocks