NASDAQ: ANIP · Specialty & Generic Drug Manufacturers

ANI Pharmaceuticals (ANIP) fair value and price range

As of 3 Oct 2026, Faircurve's model values ANI Pharmaceuticals (ANIP) at $82.56 a share. The stock last closed at $72.18, which puts the model's fair value 14.4% above the price. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It does not say how likely the fair value is to be right.

Revalued . Price is the close of 2 Oct 2026. ANI Pharmaceuticals, Inc.

Model fair value$82.56midpoint of 2,000 simulations
Last close$72.18NASDAQ: ANIP
Gap to fair value+14.4%fair value against price
Model verdictLow evidence gradeevidence grade: Low

Faircurve Insights · 3 Oct 2026

ANI Pharmaceuticals, Inc. develops, manufactures, and markets branded and generic pharmaceutical products in the United States and internationally. It is a biopharmaceutical company.

Faircurve's model on 3 Oct 2026 gave a fair value of $82.56 a share, the midpoint of 2,000 simulations. The previous run, on 26 Sep 2026, gave $85.27, so the fair value moved -3.2%. The model's calibrated range over 63 trading days is $68.88 to $100.09, built from the fair value since there is no live options data for the stock. Ranges built this way held the price 60% of the time at this horizon, over 4,809 past valuations. The model grades the evidence behind this valuation as low, so no verdict is shown.

The overall quality score for ANI Pharmaceuticals, Inc. is 85 out of 100 against comparable companies. The model compares it with Supernus Pharmaceuticals, Inc., Amneal Pharmaceuticals, Inc., and Lantheus Holdings, Inc. Around the last 8 earnings reports, the stock moved a median size of 6.0%, ignoring direction.

Written from the figures on this page for the 3 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.

What price range does the model give ANIP?

The calibrated range for ANIP over 63 trading days is $68.88 to $100.09. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,809 past valuations, refreshed 3 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.

The model's own simulated range, from the 20th to the 80th percentile of its runs, is $52.10 to $128.36. In 60% of the simulations the fair value came out above the price the model ran on.

$30.63$241.64
Spread of the 2,000 simulated fair values. Solid line: the midpoint, $82.56. Dashed line: the last close, $72.18.

How does ANIP score on business quality?

ANI Pharmaceuticals's overall quality score is 85 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.

FactorScore (0 to 100)Headline measurePeer median
ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend.10020.1%ROIC12.9%
Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash).971.51xFCF / net income
Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions.8543.8%Revenue growth, trailing18.5%
Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks.761.4%Net buybacks / market value0.0%
Balance sheetNet debt to EBITDA and interest coverage.70-0.12xNet debt / EBITDA1.19x
StabilityDownside volatility of the EBITDA margin over the last five years.425.8 ptsEBITDA margin downside volatility, 5y12.0 pts

How does ANIP compare with similar companies?

The companies in specialty & generic drug manufacturers closest to ANI Pharmaceuticals in market value, each on the same model and the same date.

CompanyLast closeModel fair valueGapModel verdict
PAHC Phibro Animal Health Corporation$37.24$37.53+0.8%Low evidence grade
AMPH Amphastar Pharmaceuticals, Inc.$25.43$25.59+0.6%Low evidence grade
SUPN Supernus Pharmaceuticals, Inc.$42.38$46.93+10.7%Fairly valued
PCRX Pacira BioSciences, Inc.$25.21$25.41+0.8%Low evidence grade
COLL Collegium Pharmaceutical, Inc.$22.02$28.90+31.2%Low evidence grade
INDV Indivior Pharmaceuticals Inc$35.71$35.86+0.4%Low evidence grade
AMRX Amneal Pharmaceuticals, Inc.$20.30$18.90-6.9%Fairly valued
LNTH Lantheus Holdings, Inc.$99.96$99.940.0%Fairly valued

All specialty & generic drug manufacturer stocks ranked by gap to fair value

When does ANIP report earnings, and how has the stock reacted?

ANI Pharmaceuticals's next earnings report is scheduled for 6 Nov 2026. Companies can move their dates.

Options prices on 2 Oct 2026 imply a move of about 12.0% in either direction through the nearest expiry, about 48 days out, a window that includes the report. That is the size the market is pricing, not a direction.

How ANIP moved around its last 8 earnings reports

Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 6.0%.

Report dateTwo session move
7 Aug 2026-8.3%
8 May 2026-6.2%
27 Feb 2026-2.5%
7 Nov 2025-1.4%
8 Aug 2025+23.0%
9 May 20250.0%
28 Feb 2025+7.1%
8 Nov 2024+5.8%

ANI Pharmaceuticals at a glance

ANI Pharmaceuticals, Inc., a biopharmaceutical company, develops, manufactures, and markets branded and generic pharmaceutical products in the United States and internationally.

Market value
$1.6B
Sector
Healthcare
Industry
Specialty & Generic Drug Manufacturers
Revenue expected, next twelve months
$1.2B
Consensus revenue growth, next fiscal year
+25.0%
Analysts with estimates
5
Beta to the US market
0.19
First valued by Faircurve
11 Jul 2026

How the fair value is worked out: the model prices ANI Pharmaceuticals on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.

What changed in the latest valuation?

On 26 Sep 2026 the model's fair value for ANIP was $85.27. As of 3 Oct 2026 it is $82.56, a change of -3.2%. The model revalues every stock it covers each week, and again after an earnings report.

Questions about ANI Pharmaceuticals's valuation

Is ANI Pharmaceuticals stock undervalued or overvalued?

Faircurve's model puts ANIP's fair value at $82.56 a share against a last close of $72.18, as of 3 Oct 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It does not say how likely the fair value is to be right.

What is ANIP's fair value?

$82.56 a share as of 3 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $52.10 to $128.36.

What price range does the model give ANIP?

$68.88 to $100.09 over 63 trading days. Ranges built this way held the price 60% of the time across 4,809 past valuations, refreshed 3 Oct 2026.

When does ANI Pharmaceuticals report earnings next?

The next report is scheduled for 6 Nov 2026. Companies can move their dates.

How much has ANIP moved on past earnings reports?

Across its last 8 reports the median two session move was 6.0%, ignoring direction. The largest was +23.0% around the report of 8 Aug 2025.

How confident is the model in this valuation?

The model's evidence grade for ANIP is low. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.

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