Stocktoria

ARS Pharmaceuticals, Inc. SPRY

Nasdaq · stock · Pharmaceutical Preparations · website · IPO 2020-12-04

ARS Pharmaceuticals, Inc. (SPRY) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $84.3M at a -203.3% net margin.

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21/100
Stocktoria Quality Score · grade D
3/9
Piotroski F — financial health
-1.13
Altman Z″ — distress risk · distress
Dividend yield · no dividend

Quality score trend · recomputed for each fiscal year

Piotroski F /9
2 2 1 5 3 20212022202320242025
Altman Z″
-0.73 7.46 -1.13 20212022202320242025

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.

$6.05 as of 2026-08-01 · -47.9% 1y
$5.13$11.6552-wk
Market cap USD$848M
Net margin 5y avg-36882.8%
Return on equity 5y avg-45.8%
Beta0.83
Employees154

Analyst price target

$29.25 +383.5% vs last
consensus: strong buy · 4 analysts
target range $24.00 – $32.00

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

Revenue trend · last 5y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 27%
Net marginstronger than 19%
Return on equitystronger than 13%
Revenue growthstronger than 20%

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

Piotroski F breakdown · 3/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.75
Retained earnings / assets-0.899
EBIT / assets-0.548
Equity / liabilities0.535

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

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
SPRYARS Pharmaceuticals, Inc.3/9-1.13-5.5%
NRIXNurix Therapeutics, Inc.3/91.2+54%
ARCTArcturus Therapeutics Holdings Inc.1/90.81-46.1%
CYTKCYTOKINETICS INC3/9-7.91+376.6%
ETONEton Pharmaceuticals, Inc.5/9-2.05+104.9%
CTMXCytomX Therapeutics, Inc.1/9-10.12-44.8%
ABCLAbCellera Biologics Inc.4/94.67+160.6%

All Manufacturing companies →

About ARS Pharmaceuticals, Inc.

ARS Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes treatments for severe allergic reactions in the United States and internationally. The company is involved in the development of neffy, a needle-free intranasal delivery of epinephrine for emergency treatment of Type I allergic reactions, including anaphylaxis. ARS Pharmaceuticals, Inc. was founded in 2015 and is headquartered in San Diego, California.

FAQ

Is SPRY financially healthy?

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

Does SPRY pay a dividend?

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

How profitable is SPRY?

In FY2025, ARS Pharmaceuticals, Inc. had a net margin of -203.3% and a return on equity of -149.9%.

What is the analyst price target for SPRY?

The average Wall-Street price target for ARS Pharmaceuticals, Inc. is $29.25, about 383.5% above the recent price, from 4 analysts (consensus: strong buy).

Is SPRY a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on ARS Pharmaceuticals, Inc.: a Piotroski F-score of 3/9, 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.