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IRD.O NASDAQ Biotechnology

Ird.O

$3,65
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Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
255,5M USD
P/E
EV / Rev
18,7x
Div yield
Op margin
-359,1 %
ROE
-696,7 %
Net margin
-892,4 %
Debt / equity
0,07
Beta
52w range
Volume
Day range
Prev close
$3,84
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Opus Genetics Inc (IRD.O) is a biotechnology company operating within the Health Care sector, generating revenue from its biotech activities while currently incurring operating losses.

Business. Opus Genetics Inc (IRD.O) is a biotechnology company operating within the Health Care sector, generating revenue from its biotech activities while currently incurring operating losses.

Classification85 %
SectorHealth Care
Industry groupBiotechnology
Generated · model-assisted
Sell-side consensus
BUY19 analysts
19 buy0 hold0 sell
Avg 12m price target10,56

Analyst recommendations

19 analysts · consensus Buy
Buy19
Hold0
Sell0
12-month price target
10,56
Consensus of sell-side coverage.
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
19 analysts · indicative
Ownership
AMERIPRISE FINANCIAL INC
largest disclosed fund holder
Profitability
-696,7 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning IRD.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to IRD.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Opus Genetics Inc (IRD.O) is a biotechnology company operating within the Health Care sector, generating revenue from its biotech activities while currently incurring operating losses.

    Classification85 %
    SectorHealth Care
    Industry groupBiotechnology
    AI synthesis
    GENERATED
    — missing data
    Key takeaways
    • Strong liquidity position with $45.09 million in cash and equivalents, exceeding total liabilities.
    • High valuation multiples, including a price-to-book ratio of 17.49 and EV-to-revenue of 18.73, reflect growth expectations.
    • Significant unprofitability with net income of -$49.59 million and negative operating cash flow of -$35.25 million.
    • Low debt-to-equity ratio of 0.07 indicates minimal leverage and conservative capital structure.
    • Strong analyst support with a mean recommendation of 1.74 and a mean price target of $10.56.
    • Lack of historical data and segment details limits the ability to assess growth trends and revenue concentration.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-05-12
    Q1 2026 · Quarter highlights
    Open report →

    Revenue $2.2M, −50,6% YoY; Operating income −44,7% YoY.

    Revenue$2.2M−50,6 % YoY
    Operating income-$14.4M−44,7 % YoY
    Net income-$65.5M−699,8 % YoY
    Free cash flow-$65.5M−700,9 % YoY
    EPS
    Operating cash flow-$12.7M−41,5 % YoY
    Financials
    Income statement
    Revenue$2.2M
    Gross profit
    Operating income-$14.4M
    Net income-$65.5M
    Margins
    Gross margin
    Operating margin-665.9%
    Net margin-3038.2%
    FCF margin-3037.6%
    Balance sheet
    Total assets$66.8M
    Total liabilities$87.9M
    Total equity-$21.1M
    Cash & equivalents$60.0M
    Long-term debt$1.2M
    Cash flow
    Operating cash flow-$12.7M
    CapEx
    Free cash flow-$65.5M
    SBC
    P&L flow · revenue → net income
    Revenue $2.2MOperating costs $16.5MTax $51.2MNet income $65.5M
    Highlights
    • Revenue $2.2M, −50,6% YoY
    • Operating income −44,7% YoY
    • Net income −699,8% YoY
    • Free cash flow −700,9% YoY
    • Net margin -3038.2%

    Valuation TTM

    Market price
    $3,65
    Market cap
    $268.4M
    Enterprise value
    $224.4M
    P/E
    Non-GAAP P/E
    EV / Revenue
    18.7x
    EV / Op income
    EV / OCF
    P / B
    17.5x
    P / Tangible book
    17.5x
    Tangible book
    $15.3M
    Net cash
    $44.0M
    Current ratio
    Debt / equity
    0.1
    ROA
    -2.1%
    ROE
    -7.0%
    Cash conversion
    33.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    Business relationships1 disclosed relationship · 1 type · extracted from filings & disclosures
    Partners1
    VIATRIS INC.VTRS.OPartner98%Source ↗

    Supply chain

    Vendors → IRD ↔ Partners → Customers · click any node to drill
    VENDORSPARTNERSCUSTOMERSIRDIRDIrd.O1 entityVIATRIS INC.PharmaceuticalsUS
    1 mention in 10-K0 from corporate websites0 from news dispatches
    Updated 2026-06-24

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 33 %
    EPS
    Consensus EPS
    -1,08
    Predicted surprise
    -0,03
    Beat probability
    33 %
    Analysts
    19
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-07-31 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate-1,08
    Revenueno estimateno estimate13,4M USD
    Operating incomeno estimateno estimate-52,8M USD
    Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution19 analysts
    Strong buy5
    Buy14
    Hold0
    Sell0
    Strong sell0
    12-month price target$10,56 · Median $10,00
    Low $8,00High $16,00
    Operating income · consensus-52,8M USD
    EPS surprise
    +26,2 %
    reported vs consensus · beat
    Revenue surprise
    +6,2 %
    reported vs consensus · beat

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$8,00
    Mean$10,56
    Median$10,00
    High$16,00
    Spot$3,65
    +188.8 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-359,1 %Below median
    Net Margin-892,4 %Below median
    ROE-696,7 %Bottom quartile
    D/E0,07Bottom quartile
    Cash Conv0,33Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Reference data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Ev To Revenue
      enterprise_value / revenue
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Opus Genetics, Inc. Market data — financials · 2026-07-31
    • reconciler_enqueue (reconciler) on IRD.O · 2026-07-31
    • Opus Genetics Inc Market data — analyst estimates · 2026-07-31
    • IRD.O HA canonical relationships · 2026-07-31

    Ownership & reference

    Top holders

    • AMERIPRISE FINANCIAL INCInstitutional Investor · as of 2026-03-310,00 %$2M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$1M
    • Goldman Sachs Asset Management, L.P.Investment Managers · as of 2026-03-310,00 %$1M
    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$2M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$5M
    • Northern Trust Investments, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • State Street Investment Management (US)Investment Managers · as of 2026-03-310,00 %$1M
    • Raymond James & Associates, Inc.Brokerage Firms · as of 2026-03-310,00 %$0M
    • Charles Schwab Investment Management, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$0M
    • Wells Fargo AdvisorsBrokerage Firms · as of 2026-03-310,00 %$0M
    • FMR LLCInstitutional Investor · as of 2026-03-310,00 %$0M

    Leadership

    • Benjamin R. YerxaPresident, Director

    Insider activity

    Net selling0 buys · 15 sellsnet -$7,9M14 insiders · last 365d
    • Magrath GeorgeDirector, Chief Executive Officer · Common StockSold 9 475 @ $2,95$28K · 2026-07-23
    • Gagnon Robert E.Chief Financial Officer · Common StockSold 7 783 @ $2,95$23K · 2026-07-23
    • SCHACHLE JOSEPH KChief Operating Officer · Common StockSold 4 644 @ $2,94$14K · 2026-07-23
    • YERXA BENJAMIN RDirector, President · Common StockSold 7 429 @ $2,97$22K · 2026-07-23
    • Foundation Fighting Blindness Retinal Degeneration FundDirector, See Remarks · Common StockSold 1 700 000 @ $4,35$7,4M · 2026-05-18
    • YERXA BENJAMIN RDirector, President · Common StockSold 7 470 @ $5,24$39K · 2026-04-23
    • SCHACHLE JOSEPH KChief Operating Officer · Common StockSold 4 697 @ $5,22$25K · 2026-04-23
    • Zaremba Rabourn AmyHead of Fin. Quality Assurance · Common StockSold 1 641 @ $5,20$9K · 2026-04-23
    • Magrath GeorgeDirector, Chief Executive Officer · Common StockSold 9 511 @ $5,22$50K · 2026-04-23
    • Jayagopal AshwathChief Scientific & Dev. Ofc. · Common StockSold 7 542 @ $5,19$39K · 2026-04-23
    • Gagnon Robert E.Chief Financial Officer · Common StockSold 7 842 @ $5,18$41K · 2026-04-23
    • Rodgers Richard JDirector · Common StockOther 24 367 · 2026-04-20
    • MANUSO JAMES S JDirector · Common StockOther 24 367 · 2026-04-20
    • Graves Adrienne LDirector · Common StockOther 24 367 · 2026-04-20
    • Gallagher CamDirector · Common StockOther 24 367 · 2026-04-20
    • Benton SusanDirector · Common StockOther 24 367 · 2026-04-20
    • Bennett JeanDirector · Common StockOther 24 367 · 2026-04-20
    • Ainsworth SeanDirector · Common StockOther 24 367 · 2026-04-20
    • SCHACHLE JOSEPH KChief Operating Officer · Common StockSold 3 719 @ $5,25$20K · 2026-03-16
    • Zaremba Rabourn AmyHead of Fin. Quality Assurance · Common StockSold 2 816 @ $5,25$15K · 2026-03-16
    • Magrath GeorgeDirector, Chief Executive Officer · Common StockSold 24 438 @ $5,21$127K · 2026-03-16
    • Jayagopal AshwathChief Scientific & Dev. Ofc. · Common StockSold 3 719 @ $5,12$19K · 2026-03-16
    • Jayagopal AshwathChief Scientific & Dev. Ofc. · Common StockOther 5 313 @ $3,39$18K · 2026-02-12
    • SCHACHLE JOSEPH KChief Operating Officer · Common StockOther 250 000 · 2026-01-22
    • Magrath GeorgeDirector, Chief Executive Officer · Common StockOther 483 639 · 2026-01-22

    Short positioning

    10.3Mshares short+24.8% vs prior
    12.52days to cover
    29.6%short of daily vol
    100fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    IRD.OCanonical
    NASDAQ · USD

    Intel & risk

    PredictorBeat prob33 %Surprise-0,03Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.
    Relationship graph
    IRDVTRS.OBiotechnology
    This companySectorPartners

    Evidence & claims

    From filings & derived data
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): 36.3%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 208.9%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 48.7%Derived (calculated)
    • Return on equity (FY 2025-12-31): -323.1%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 128.3%Derived (calculated)
    • Revenue (YoY) (2025-12-31 vs 2024-12-31): 29.1%Derived (calculated)
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): 37.8%Derived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -37.8%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): 13.8%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 62.8%Derived (calculated)
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 62.8%Derived (calculated)
    • Debt-to-equity (FY 2025-12-31): 2.27xDerived (calculated)
    • Current ratio (FY 2025-12-31): 6.43xDerived (calculated)
    • Net margin (FY 2025-12-31): -349.3%Derived (calculated)
    • Return on assets (FY 2025-12-31): -98.7%Derived (calculated)
    • Operating income (annual): USD -38.6MSEC XBRL filing
    • EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
    • EPS (basic) (annual): USD-PER-SHARES -1SEC XBRL filing
    • Operating cash flow (annual): USD -35.25MSEC XBRL filing
    • Total liabilities (annual): USD 34.9MSEC XBRL filing
    • Cash & equivalents (annual): USD 45.09MSEC XBRL filing
    • Revenue (annual): USD 14.2MSEC XBRL filing
    • Pre-tax income (annual): USD -49.59MSEC XBRL filing
    • Shares outstanding (annual): 69.89MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-07-23INSIDERMagrath George sold 9.5k sh — Director, Chief Executive Officer ~$28k
    2026-07-23INSIDERGagnon Robert E. sold 7.8k sh — Chief Financial Officer ~$23k
    2026-07-23INSIDERSCHACHLE JOSEPH K sold 4.6k sh — Chief Operating Officer ~$14k
    2026-07-23INSIDERYERXA BENJAMIN R sold 7.4k sh — Director, President ~$22k
    2026-06-17FILING424B2 filing →
    2026-06-16FILING8-K filing →
    2026-06-16FILING8-K filing →
    2026-05-18 00:00 UTCINSIDER1 insider transaction — 2026-05 · net sell $7.4M
    2026-05-18 00:00 UTCINSIDER1 insider transaction — 2026-05 · net sell $7.4M
    2026-05-18INSIDERFoundation Fighting Blindness Retinal Degeneration Fund sold 1.70M sh — Director, See Remarks ~$7.39M
    2026-05-12 07:00 UTCEARNINGSQuarterly results — Q1 2026 Revenue USD 2.2M · Net USD -65.5M
    2026-05-12FILING10-Q filing →
    2026-05-12FILING8-K filing →
    2026-04-24FILING8-K filing →
    2026-04-23 00:00 UTCINSIDER13 insider transactions — 2026-04 · net sell $202k
    2026-04-23 00:00 UTCINSIDER13 insider transactions — 2026-04 · net sell $202k
    2026-04-23INSIDERYERXA BENJAMIN R sold 7.5k sh — Director, President ~$39k
    2026-04-23INSIDERSCHACHLE JOSEPH K sold 4.7k sh — Chief Operating Officer ~$25k
    2026-04-23INSIDERZaremba Rabourn Amy sold 1.6k sh — Head of Fin. Quality Assurance ~$9k
    2026-04-23INSIDERMagrath George sold 9.5k sh — Director, Chief Executive Officer ~$50k
    2026-04-23INSIDERJayagopal Ashwath sold 7.5k sh — Chief Scientific & Dev. Ofc. ~$39k
    2026-04-23INSIDERGagnon Robert E. sold 7.8k sh — Chief Financial Officer ~$41k
    2026-04-22FILING8-K filing →
    2026-04-20INSIDERRodgers Richard J transacted 24.4k sh — Director
    2026-04-20INSIDERMANUSO JAMES S J transacted 24.4k sh — Director
    2026-04-20INSIDERGraves Adrienne L transacted 24.4k sh — Director
    2026-04-20INSIDERGallagher Cam transacted 24.4k sh — Director
    2026-04-20INSIDERBenton Susan transacted 24.4k sh — Director
    2026-04-20INSIDERBennett Jean transacted 24.4k sh — Director
    2026-04-20INSIDERAinsworth Sean transacted 24.4k sh — Director
    2026-04-07FILING8-K filing →
    2026-04-07FILING8-K filing →
    2026-03-23FILINGDEF 14A filing →
    2026-03-16 00:00 UTCINSIDER4 insider transactions — 2026-03 · net sell $181k
    2026-03-16 00:00 UTCINSIDER4 insider transactions — 2026-03 · net sell $181k
    2026-03-16INSIDERSCHACHLE JOSEPH K sold 3.7k sh — Chief Operating Officer ~$20k
    2026-03-16INSIDERZaremba Rabourn Amy sold 2.8k sh — Head of Fin. Quality Assurance ~$15k
    2026-03-16INSIDERMagrath George sold 24.4k sh — Director, Chief Executive Officer ~$127k
    2026-03-16INSIDERJayagopal Ashwath sold 3.7k sh — Chief Scientific & Dev. Ofc. ~$19k
    Showing the 40 most recent of 59 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Reference data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage