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Neurocrine Biosciences' Ingrezza to Meet Fiscal 2025 Sales Outlook, RBC Capital Says
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Neurocrine Biosciences' Ingrezza to Meet Fiscal 2025 Sales Outlook, RBC Capital Says
Jun 2, 2025 9:48 AM

12:31 PM EDT, 06/02/2025 (MT Newswires) -- Neurocrine Biosciences' ( NBIX ) Ingrezza should at least meet the company's fiscal 2025 sales guidance due to an expected re-acceleration in new patient starts and as payer-related headwinds are unlikely to have an impact in Q2 and Q3, RBC Capital Markets said in a Monday note.

Ingrezza is a treatment for adults with tardive dyskinesia and for involuntary movements of Huntington's disease.

The company said last month it expects Ingrezza fiscal 2025 sales of $2.5 billion to $2.6 billion.

RBC said its formulary and prescription checks indicate "some favorable updates and stable coverage into Q2/Q3."

According to the investment firm, its checks reaffirmed a "solid" outlook for Ingrezza for the rest of 2025 with stabilizing coverage access.

In addition, market uptake for the company's Crenessity drug serves as a potential catalyst that could sustain stock momentum, RBC said.

RBC has an outperform rating on Neurocrine Biosciences ( NBIX ), with a $145 price target.

Price: 123.03, Change: +0.01, Percent Change: +0.01

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