Aurinia Pharmaceuticals Inc. (AUPH) AI Stock Analysis

NASDAQ: AUPHAI research summary: business, growth, valuation, analysts, bull and bear case.

AUPH AI stock analysis summary

AI Research

Aurinia Pharmaceuticals Inc. (AUPH) is a commercial-stage biopharmaceutical company focused on treatments for serious diseases, primarily through its kidney disease drug LUPKYNIS. In FY2025, revenue grew 20.4% to $283.1M while net income climbed to $287.2M, supported by positive free cash flow of $135.4M. The company maintains a strong liquidity profile, holding $382.7M in net cash as of June 30, 2026.

Market cap
$2.20B
Revenue (TTM)
$311.5M
P/E
7.2x
fwd 11.8x
1Y return
42.9%
S&P 500 16.8%
Avg. target
$17.86
8.2% vs last close

Bull case

  • Aurinia generated $135.4M in free cash flow in FY2025 alongside a trailing twelve-month operating margin of 55.7%.
  • The balance sheet carries $382.7M in net cash and a current ratio of 5.42 as of June 30, 2026.
  • The forward P/E ratio of 11.8x is discounted compared to the US-listed Healthcare median of 17.3x.

Bear case

  • Analyst consensus projects a 54.4% decline in EPS for the fiscal year ending December 31, 2026.
  • The stock carries a price-to-sales multiple of 7.1x, above the US-listed Healthcare peer median of 4.1x.
  • Long-term share performance shows a 5-year return of -19.7%, trailing the S&P 500 5-year return of 83.0%.

What Aurinia Pharmaceuticals does

Aurinia Pharmaceuticals Inc. is a biopharmaceutical company engaged in commercial-stage development of therapies for diseases with significant unmet medical needs across the United States. Its central portfolio asset is LUPKYNIS, a therapy created for adult patients with active lupus nephritis, a serious kidney condition. Aurinia also maintains a strategic collaboration and license agreement with Otsuka Pharmaceutical Co., Ltd. to expand its therapeutic reach globally. Headquartered in Victoria, British Columbia, Canada, the company leverages regional research and development resources to support its biopharmaceutical pipeline.

Growth and profitability

Aurinia increased its annual revenue from $45.6M in FY2021 to $283.1M in FY2025, posting a 5-year revenue CAGR of 41.4% through FY2025. Gross margin stood at 88.5% in FY2025, while operating margin expanded to 37.1% from -2.0% in FY2024. Net income reached $287.2M in FY2025, reflecting a net margin of 101.5% and EPS of $0.81. For the trailing twelve months ending June 30, 2026, revenue totaled $311.5M with an operating margin of 55.7% and EPS of $2.28. In the quarter ended June 30, 2026, revenue increased 18.9% year-over-year, and earnings increased 75.5%.

AUPH income statement →

Balance sheet and cash flow

As of June 30, 2026, Aurinia held $443.1M in cash and short-term investments against $60.4M in total debt, resulting in a net cash position of $382.7M. The current ratio stood at 5.42 and the debt-to-equity ratio was 0.10. Operating cash flow reached $135.7M in FY2025, yielding free cash flow of $135.4M after capital expenditures of $252,000. During FY2025, the company deployed $98.2M toward share buybacks, while the share count rose 1.1% over five years.

AUPH balance sheet →

Valuation and performance

Aurinia trades at a trailing P/E of 7.2x and a forward P/E of 11.8x, compared to the median of its US-listed Healthcare peers of 24.6x and 17.3x, respectively. Its enterprise value-to-EBITDA is 10.0x, below the peer median of 12.0x, though its price-to-sales multiple of 7.1x exceeds the peer median of 4.1x. Over the past year, the stock returned 42.9%, outperforming the S&P 500 return of 16.8%. Over a 5-year period, the stock declined 19.7% while the S&P 500 gained 83.0%.

AUPH key metrics →

What analysts expect

Wall Street coverage includes 5 Strong Buy and 2 Hold ratings, with no Buy, Sell, or Strong Sell recommendations. The mean price target of $17.86 implies an upside of 8.2% relative to the last close of $16.51. For the fiscal year ending December 31, 2026, analysts estimate revenue of $329.1M and EPS of $0.94, representing a 54.4% earnings reduction. Aurinia exceeded EPS expectations in each of the last 4 quarters, and its next earnings release is scheduled for November 3, 2026.

AUPH forecast and price target →

Key risks and what to watch

  • A high beta of 1.61 indicates that the stock experiences greater price volatility than the broader equity market.
  • Current fiscal year consensus forecasts an EPS contraction of 54.4% to $0.94 compared to prior periods.
  • Short interest represents 6.6% of the company's float as of October 16, 2026.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this AUPH AI stock analysis

This page is an AI-written research summary of Aurinia Pharmaceuticals Inc. (AUPH). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AUPH income statement, AUPH balance sheet, AUPH key metrics, AUPH analyst forecast, AUPH chart. See the AUPH stock overview for the latest quote and news.

AUPH AI stock analysis FAQ

What is Aurinia Pharmaceuticals' primary commercial product?

Aurinia's primary commercial product is LUPKYNIS, which is approved for the treatment of adult patients suffering from active lupus nephritis.

Does Aurinia Pharmaceuticals pay a dividend?

Aurinia Pharmaceuticals does not pay a dividend. In FY2025, the company deployed capital by repurchasing $98.2M of its common shares.

What is Aurinia Pharmaceuticals' cash position?

As of June 30, 2026, Aurinia held $443.1M in cash and short-term investments and $60.4M in total debt, giving it net cash of $382.7M.

When does Aurinia Pharmaceuticals report its next earnings?

The company is scheduled to report its next financial results on November 3, 2026.

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