Stocktoria

Eton Pharmaceuticals, Inc. ETON

Nasdaq · stock · Pharmaceutical Preparations · website · IPO 2018-11-09

Eton Pharmaceuticals, Inc. (ETON) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $80.0M at a -5.8% net margin.

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38/100
Stocktoria Quality Score · grade D
5/9
Piotroski F — financial health
-2.05
Altman Z″ — distress risk · distress
Dividend yield · no dividend
-2.3
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
1 3 4 3 5 3 5 2019202020212022202320242025
Altman Z″
-12.87 -11.39 -5.11 -10.95 -7.75 -2.54 -2.05 2019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$41.58 as of 2026-08-01 · +140.2% 1y
$15.01$46.4252-wk

Beneish M-score: -2.3 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$978M
Net margin 5y avg-14%
Return on equity 5y avg-23.9%
Beta0.89
Employees44

Analyst price target

$45.67 +9.8% vs last
consensus: strong buy · 3 analysts
target range $40.00 – $57.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 7y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 63%
Net marginstronger than 44%
Return on equitystronger than 44%
Revenue growthstronger than 97%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 5/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.24
Retained earnings / assets-1.221
EBIT / assets-0.009
Equity / liabilities0.397

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
ETONEton Pharmaceuticals, Inc.5/9-2.05+104.9%
ARCTArcturus Therapeutics Holdings Inc.1/90.81-46.1%
CTMXCytomX Therapeutics, Inc.1/9-10.12-44.8%
NRIXNurix Therapeutics, Inc.3/91.2+54%
SPRYARS Pharmaceuticals, Inc.3/9-1.13-5.5%
ABCLAbCellera Biologics Inc.4/94.67+160.6%
BCYCBICYCLE THERAPEUTICS PLC1/95.27+105.8%

All Manufacturing companies →

About Eton Pharmaceuticals, Inc.

Eton Pharmaceuticals, Inc., a pharmaceutical company, focuses on developing and commercializing treatments for rare diseases. Its commercial rare disease products include Increlex for the treatment of severe primary igf-1 deficiency; Alkindi Sprinkle for adrenal insufficiency; Khindivi for adrenocortical insufficiency; Galzin for Wilson disease; PKU Golike for phenylketonuria; Carglumic Acid for N-acetylglutamate synthase deficiency; Betaine Anhydrous for homocystinuria; and Nitisinone for tyrosinemia type 1. The company is also developing various product candidates, which are in late-stage development, including ET-600 for diabetes insipidus; Amglidia for neonatal diabetes mellitus; ET-700 for Wilson disease; ET-800 for adrenal insufficiency; and ZENEO hydrocortisone autoinjector for adrenal crisis. Eton Pharmaceuticals, Inc. was incorporated in 2017 and is based in Deer Park, Illinois.

FAQ

Is ETON financially healthy?

Eton Pharmaceuticals, Inc.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does ETON pay a dividend?

No, Eton Pharmaceuticals, Inc. does not currently pay a dividend.

How profitable is ETON?

In FY2025, Eton Pharmaceuticals, Inc. had a net margin of -5.8% and a return on equity of -17.6%.

What is the analyst price target for ETON?

The average Wall-Street price target for Eton Pharmaceuticals, Inc. is $45.67, about 9.8% above the recent price, from 3 analysts (consensus: strong buy).

Is ETON a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Eton Pharmaceuticals, Inc.: a Piotroski F-score of 5/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.