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Buy Day today: Poor Neutral (49) Good Mixed market breadth · no major macro event

Indivior PLC Ordinary Shares (INDV)

Healthcare Drug Manufacturers - Special
39.10 $
Closing price · As of: 20. Jul 2026
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Read the Full Deep Dive
Indivior Stock: A New U.S. Passport, a Record Profit — and One Monthly Injection Carrying 69 Percent of Revenue

Indivior treats opioid addiction — and is painting the highest high-water mark in its history: 27 hits in our in-house stock scanner, from the Weinstein stage-2 uptrend to the RS leaders, after a gain of 197 percent in twelve months (momentum run of July 17, 2026). We read the first annual report (10-K) since the move from London to Virginia and the quarterly report (10-Q) as of March 31, 2026: a record $210 million profit for 2025, a fully paid Department of Justice settlement, a $400 million buyback program — but also 69 percent of revenue riding on a single depot injection, a pipeline that died twice in one quarter, three wholesalers billing more than half the revenue, and stockholders' equity below zero. Not investment advice — just a look below the waterline of a stock trading at its high-water mark.

Appears in These Scanners

This stock currently matches 29 of our scanner strategies — each hit links to the scanner.

Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. Scanners marked in red are red-flag signals (risk/short scanners) — appearing there is not a seal of approval. View all scanners

Basics

Market Cap
4.7Mrd. $
Shares Outstanding
118Mio.
Float
95.5%
Beta
1.2

Performance

Perf. 1M
12.70%
Perf. 3M
42.40%
Perf. 6M
14.10%
YTD Performance (%)
11.40%
52-Week-High Distance
-1.9%

Valuation

P/E
21.5
Forward P/E
13.0
PEG
P/B
145.3
P/S
3.6
EV/EBITDA
14.2
Price/FCF

Profitability

Gross Margin
85.0%
EBIT Margin
46.1%
Net Margin
19.5%
Return on Equity
12.2%
Return on Assets
22.7%

Balance Sheet & Safety

very low
Equity Ratio
-12.0%
negative equity
Debt/Equity
-3.5
Altman Z
3.64
Piotroski
4 von 9

Growth

Sales Growth Last Quarter
19.20%
EPS Growth Last Quarter
82.00%
Sales Growth (Year)
4.29%
Forward Sales Growth
2.34%
Forward EPS Growth
3.80%

Quality & Screener

Stage
2
Top 10%
RS Rating
90
EPS Rating
83
Piotroski
4 von 9
Fundamental Rating
B (+22 von 100)
Altman Z
3.64

AI Rating

Neutral

Geprüft am 17.07.2026: In den ausgewerteten SEC-Berichten von Indivior (CIK 1625297; SEC-Titel seit Januar 2026 „Indivior Pharmaceuticals, Inc.“, vorher Indivior PLC — Redomestizierung UK→US per Scheme of Arrangement, wirksam nach Börsenschluss am 23.01.2026, gegen EDGAR-formerNames verifiziert) findet sich kein wesentlicher KI-Bezug zum Geschäftsmodell. Ausgewertet wurden die letzten 4×10-Q und 2×10-K (die Firma berichtet erst seit März 2025 als US-Domestic-Filer; davor 20-F/6-K als Foreign Private Issuer). Befund: Der 10-K für 2025 enthält ausschließlich einen generischen Risikofaktor zu KI als Datenschutz-/Sicherheitsthema („Artificial intelligence presents risks and challenges that can impact our business including by posing security risks to our confidential information, proprietary information, and personal data“ — übersetzt: „Künstliche Intelligenz birgt Risiken und Herausforderungen, die unser Geschäft beeinträchtigen können, unter anderem durch Sicherheitsrisiken für unsere vertraulichen Informationen, unser geistiges Eigentum und personenbezogene Daten“) sowie den Hinweis, man könne generative KI-Werkzeuge für geprüfte Anwendungsfälle einführen und Anbieter könnten solche Werkzeuge unangekündigt einsetzen („We may adopt and integrate generative artificial intelligence tools into our systems for specific use cases reviewed by legal and information security“ — übersetzt: „Wir könnten generative KI-Werkzeuge für bestimmte, von Rechtsabteilung und Informationssicherheit geprüfte Anwendungsfälle in unsere Systeme integrieren“). Das ist Standard-Boilerplate ohne konkreten Bezug zum eigenen Geschäftsmodell (Pharmazeutika gegen Opioidabhängigkeit) — nach Kriterienkatalog weder „verkauft“ noch „nutzt“ (kein belegter operativer Einsatz, keine KI-Umsatzquelle) noch „bedroht“ (kein konkretes Geschäftsmodell-Risiko). Der 10-K für 2024 und die 10-Q zum 31.03.2025, 30.06.2025, 30.09.2025 und 31.03.2026 enthalten keinerlei belastbare KI-Treffer (nur Scheintreffer wie „HIV/AIDS“). Nach dem Kriterienkatalog bleibt es bei „neutral“.

View the full file — quotes, sources, reviewed filings

Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.

Sales Per Quarter ($M)
2024: Q4 · 299.0 Mio. $ Q4 2025: Q1 · 266.0 Mio. $ Q1 2025: Q2 · 302.0 Mio. $ Q2 2025: Q3 · 314.0 Mio. $ Q3 2025: Q4 · 358.0 Mio. $ Q4 2026: Q1 · 317.0 Mio. $ Q1
Earnings Per Share Per Quarter ($)
2024: Q4 · 0.46 $ Q4 2025: Q1 · 0.38 $ Q1 2025: Q2 · 0.15 $ Q2 2025: Q3 · 0.33 $ Q3 2025: Q4 · 0.82 $ Q4 2026: Q1 · 0.69 $ Q1
Net Margin Per Quarter (%)
2024: Q4 · 19.7 % Q4 2025: Q1 · 17.7 % Q1 2025: Q2 · 6.0 % Q2 2025: Q3 · 13.4 % Q3 2025: Q4 · 28.5 % Q4 2026: Q1 · 28.1 % Q1
Operating Cash Flow Per Quarter ($M)
2024: Q4 · -5.6 Mio. $ Q4 2025: Q1 · 75.0 Mio. $ Q1 2025: Q2 · 166.0 Mio. $ Q2 2025: Q3 · -39.0 Mio. $ Q3 2025: Q4 · -221.0 Mio. $ Q4 2026: Q1 · -9.0 Mio. $ Q1
Free Cash Flow Per Quarter ($M)
2024: Q4 · -21.5 Mio. $ Q4 2025: Q1 · 70.0 Mio. $ Q1 2025: Q2 · 148.4 Mio. $ Q2 2025: Q3 · -59.0 Mio. $ Q3 2025: Q4 · -245.0 Mio. $ Q4 2026: Q1 · -29.0 Mio. $ Q1
Sales Growth vs. Year-Ago Quarter (%)
2024: Q4 · 2.0 % Q4 2025: Q1 · -6.3 % Q1 2025: Q2 · 1.0 % Q2 2025: Q3 · 2.3 % Q3 2025: Q4 · 19.7 % Q4 2026: Q1 · 19.2 % Q1
EPS Growth vs. Year-Ago Quarter (%)
2024: Q4 · 21.1 % Q4 2025: Q1 · -13.6 % Q1 2025: Q3 · 987.1 % Q3 2025: Q4 · 77.1 % Q4 2026: Q1 · 81.6 % Q1
Price Change in Quarter (%)
2024: Q4 · 27.5 % Q4 2025: Q1 · -23.3 % Q1 2025: Q2 · 54.7 % Q2 2025: Q3 · 63.6 % Q3 2025: Q4 · 48.8 % Q4 2026: Q1 · -15.1 % Q1

Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 0.46 21.10 299 2.00 19.70 -6 -22
2025: Q1 0.38 -13.60 266 -6.30 17.70 75 70
2025: Q2 0.15 302 1.00 6.00 166 148
2025: Q3 0.33 987.10 314 2.30 13.40 -39 -59
2025: Q4 0.82 77.10 358 19.70 28.50 -221 -245
2026: Q1 0.69 81.60 317 19.20 28.10 -9 -29
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Assessment: Opportunities & Risks

Core product & earnings turnaround

SUBLOCADE grew 13 percent to $856 million in 2025 and 32 percent in the first quarter of 2026; the company swung from a $126 million loss (2023) to $210 million in net income (2025) and $89 million in the quarter — at a gross margin around 80 percent (10-K 2025, 10-Q as of 03/31/2026).

Product concentration & pipeline

69 percent of 2025 revenue (Q1 2026: 73 percent) hangs on SUBLOCADE, and in the first quarter of 2026 both pipeline candidates were dropped: INDV-2000 missed its primary endpoint, INDV-6001 will not enter Phase 3 (10-Q, "Pipeline Updates"). The risk factors also flag generics and branded competition against SUBLOCADE and the film.

Customer & payer concentration

Three U.S. wholesalers accounted for 51 percent of 2025 revenue (the largest for 20 percent), and the 10-K names Medicaid cuts under the OBBBA budget act as a concrete risk to coverage of higher-cost OUD treatments — which is precisely the depot injection.

Balance sheet & capital policy

Legacy legal cases cleared (the $295 million DOJ prepayment in November 2025, no further obligation), the interest bill cut via a 0.625 percent convertible, a $400 million buyback running — but stockholders' equity stands at minus $144 million, cash fell to $175 million, and the note starts to dilute above $41.66 (10-Q as of 03/31/2026).

Valuation & technicals

A stage-2 uptrend, relative strength 90, 27 scanner hits and a 197 percent twelve-month gain meet a trailing P/E around 21 and about eleven times 2026 estimates (momentum run of July 17, 2026) — moderate for the growth, but with no asset cushion underneath, and with insider buying as a notable counterpoint (seven buys, zero sells).

Bottom Line

Indivior is delivering the best version of itself: record profit, paid-off legal legacy, a core product with a medical advantage and category tailwind, plus buybacks and insider buying. At the same time, after the double pipeline failure in the first quarter of 2026, the company is economically a one-product house with three wholesalers as half its customer base, Washington as its most important payer and stockholders' equity below zero — all of its resilience lies in future SUBLOCADE cash flow. Whoever holds the stock holds a focused cash machine with concentration risk in every dimension. Not investment advice.

Worth Noting:
  • INDV reached the research list via the momentum run of July 17, 2026 with 27 scanner hits (including Stan Weinstein stage 2, RS leaders ≥90, Minervini trend criteria, power trend, net insider buying) — identity verified against SEC EDGAR: SEC title since January 2026 is "Indivior Pharmaceuticals, Inc." (formerly Indivior PLC), CIK 1625297.
  • Scanner metrics (P/E, P/S, Piotroski, Altman Z, fundamental grade) use trailing twelve-month figures; the DOJ prepayment (November 2025) depresses trailing operating cash flow, and the $18 million loss on debt extinguishment weighs on the first quarter of 2026.
  • Price and valuation figures are dated to the momentum run of July 17, 2026 (about $41 per share, about $4.7 billion market value); analyses are evergreen, daily prices are not a buy argument.

About the Company

Indivior Pharmaceuticals, Inc. befasst sich gemeinsam mit ihren Tochtergesellschaften mit Entwicklung, Herstellung und Verkauf von buprenorphinbasierten verschreibungspflichtigen Medikamenten zur Behandlung von Opioidabhängigkeit und damit verbundenen Störungen in den USA, Europa, Kanada, Australien und international.

Employees827
HeadquartersNorth Chesterfield, VA
Websiteindivior.com
IPO Date29. Dec 2014
Next Earnings30. Jul 2026

Management

Management
Name Title Birth Year
Joseph J. Ciaffoni CEO & Director 1971
Ryan Preblick Chief Financial Officer 1976
Christian Heidbreder Chief Scientific Officer 1963
Jeffrey W. Burris J.D. Chief Legal Officer 1972
Patrick a. Barry Chief Commercial Officer 1968
Jason Thompson Vice President of Investor Relations
Kevin L. Espinoza Chief Integrity & Compliance Officer
Angela Colon-Mahoney M.S. Chief Human Resources Officer 1976
Vanessa Procter Executive Vice President of Corporate Affairs
Alice G. Givens Company Secretary 1974

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 20, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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