Jefferies initiates Liquidia stock with Buy rating, $43 price target

Published 15/08/2025, 13:32
Jefferies initiates Liquidia stock with Buy rating, $43 price target

Investing.com - Jefferies initiated coverage of Liquidia Technologies (NASDAQ:LQDA) with a Buy rating and a $43.00 price target on Friday. The stock currently trades at $26.09, with analyst targets ranging from $6 to $54, reflecting mixed sentiment despite a strong consensus Buy recommendation.

The research firm’s coverage follows Liquidia’s FDA approval of Yutrepia, a dry powder inhaled treprostinil therapy, on May 23, 2025, for pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD).

Liquidia stock has gained approximately 75% from June through the first reported quarter of Yutrepia revenues, according to Jefferies.

The firm acknowledged two major challenges facing Liquidia: an ongoing five-year patent battle with United Therapeutics over Yutrepia, and upcoming competition from Insmed’s once-daily inhaled treprostinil, which is expected to enter Phase 3 trials between the second half of 2025 and first half of 2026.

At a $2.2 billion market capitalization, Jefferies believes the current stock price already accounts for most negative factors, including minimal market penetration in PAH/PH-ILD and mid-teens percentage royalties in PH-ILD, while assigning no value to the company’s pipeline.

In other recent news, Liquidia Technologies reported its second-quarter earnings for 2025, showcasing a significant revenue increase. The company achieved $8.8 million in revenue, far exceeding the forecast of $3.92 million, largely due to strong sales of its Yutrepia product. Despite a larger-than-expected loss per share of $0.49, compared to the forecasted $0.42, analysts have maintained a positive outlook on the company’s performance. BTIG raised its price target for Liquidia to $49 from $40, maintaining a Buy rating, citing stronger-than-expected patient adoption of Yutrepia. Raymond James also increased its price target to $41 from $33, maintaining a Strong Buy rating, following the company’s earnings report. Wells Fargo raised its price target to $31 from $25, maintaining an Overweight rating, due to the robust launch performance of Yutrepia. These developments highlight the positive reception and adoption of Liquidia’s product in the market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.