HRTX — Heron Therapeuti

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Heron Therapeuti

Heron Therapeutics, Inc., a commercial-stage biotechnology company, engages in developing and commercializing therapeutic that enhances medical care. The company's product candidates utilize its proprietary Biochronomer, a drug delivery technology, which delivers therapeutic levels of a range of short-acting pharmacological agents over a period from days to weeks with a single administration. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$0.85
Market Cap$173M
Float134.2M
Shares Outstanding189.3M
P/E (Forward)46.95
Price/Sales (TTM)1.15
vs. Analyst Target+331.4% to analyst PT
Profit Margin-20.53%
Operating Margin (TTM)-13.73%
Revenue (TTM)$151M
Dividend RateNone
Analyst Target Price$3.67 (3 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $88.6M -$224M $52.4M -$225M
2021 $86.3M -$218M $40.3M -$215M
2022 $108M -$135M $52.8M -$172M
2023 $127M -$111M $61.9M -$104M
2024 $144M -$13.6M $106M -$5.1M
2025 $155M -$20.2M $114M -$17.9M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $37.2M -$2.4M
Sep 2025 $38.2M -$17.5M
Dec 2025 $40.6M -$3.0M
Mar 2026 $34.7M -$8.1M

Ownership & Float

Insider Ownership0.9%
Institutional Ownership85.5%
Short Float30.5%
% of All Funds Holding1.87%
Number of Funds Holding154

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$0.96Near-term / short-term trend
Weekly40-Week SMA$1.18Medium-term trend
Weekly80-Week SMA$1.52Cyclical trend (business cycle)
Weekly200-Week SMA$2.05Secular trend (multi-year)
Monthly10-Month SMA$1.16Near-term monthly trend
Monthly20-Month SMA$1.53Medium-term monthly trend
Monthly40-Month SMA$1.78Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$1.70 resistance 1.18x 8 months ago

Historical Earnings Reactions (108 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.08% 0.00% 37.96% 35.19% -43.48%
1 Day -0.28% 0.00% 42.59% 59.26% -37.22%
1 Week -1.06% -2.16% 36.11% 153.70% -41.70%
2 Weeks -1.68% -4.42% 40.74% 127.78% -43.49%
1 Month -0.69% -4.43% 35.19% 222.22% -47.06%

Next earnings: May 11, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan10.8%69.2%39
Feb2.0%46.2%39
Mar-5.7%35.9%39
Apr2.8%51.3%39
May4.1%42.1%38
Jun4.4%55.3%38
Jul-0.7%39.5%38
Aug-3.3%42.1%38
Sep-5.7%35.9%39
Oct-3.0%35.9%39
Nov-0.0%35.9%39
Dec3.2%43.6%39

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.00% 41.4% 1837
Tuesday -0.04% 42.5% 2000
Wednesday 0.17% 41.3% 1998
Thursday -0.01% 40.5% 1962
Friday 0.17% 41.3% 1952

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 85.5%

Insider Transactions — Smart Summary

Total insider ownership: 0.9%

12-Month Insider Activity Summary

Total Filings2
Net Value+N/A
Net Shares Change4,153,771
% of Float3.1%
C-Suite Filings0
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Rubric Capital Management LP +$3.6M 1 1 buy
Morgan Adam +$2.6M 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-08-12 Morgan Adam +$2.6M Transaction at $1.50, now -43.3%
2025-08-12 Rubric Capital Management LP +$3.6M Transaction at $1.50, now -43.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Heron Therapeuti (HRTX) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for HRTX on Trend Edge →