Evolus (EOLS)


Market Price (8/19/2026): $8.16 | Market Cap: $538.0 MilSector: Health Care | Industry: Pharmaceuticals

Evolus (EOLS)


Market Price (8/19/2026): $8.16
Market Cap: $538.0 Mil
Sector: Health Care
Industry: Pharmaceuticals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Megatrend and thematic drivers
Megatrends include Medical Aesthetics & Anti-Aging. Themes include Neurotoxin Treatments, Minimally Invasive Aesthetic Procedures, and Biopharmaceutical R&D.

Trading close to highs
Dist 52W High is -1.9%

Weak multi-year price returns
2Y Excs Rtn is -81%, 3Y Excs Rtn is -89%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -21 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.5%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.9%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -6.9%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 92%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11%

Key risks
EOLS key risks include [1] its precarious financial health and struggle to achieve profitability and [2] a critical dependence on a single-source supply chain for its key products.

0 Megatrend and thematic drivers
Megatrends include Medical Aesthetics & Anti-Aging. Themes include Neurotoxin Treatments, Minimally Invasive Aesthetic Procedures, and Biopharmaceutical R&D.
1 Trading close to highs
Dist 52W High is -1.9%
2 Weak multi-year price returns
2Y Excs Rtn is -81%, 3Y Excs Rtn is -89%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -21 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -6.5%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -4.9%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -6.9%
5 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 92%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -11%
7 Key risks
EOLS key risks include [1] its precarious financial health and struggle to achieve profitability and [2] a critical dependence on a single-source supply chain for its key products.

EOLS in ETFs

Weight = EOLS's share of each fund

VTI0.00%
ITOT0.00%
IWM0.01%
IWO0.03%
VTWO0.01%
SCHA0.01%
VHT0.00%
SCHB0.00%
+1 more covered ETF

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/13/2026

Evolus (EOLS) stock has gained about 50% since 4/30/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Financial Performance and Upbeat Guidance.

Evolus reported robust financial results for fiscal Q2 2026 (ended June 30, 2026), with total net revenue of $84.1 million, marking a 21% year-over-year increase and exceeding analyst estimates. The company achieved its third consecutive quarter of positive Adjusted EBITDA, reaching $4.7 million, a substantial improvement from a $7.9 million loss in the prior-year quarter. Following these strong results, management raised its full-year 2026 revenue guidance to a range of $330 million to $337 million and increased its adjusted gross profit margin outlook to 67.0%-67.5%.

2. Strategic Portfolio Expansion and International Growth.

Evolus significantly expanded its injectable aesthetics portfolio through strategic partnerships during this period. This included an exclusive U.S. licensing agreement with IBSA to develop and commercialize Profhilo, a new skin quality treatment, with U.S. commercialization anticipated in 2030 and an estimated peak annual revenue exceeding $100 million. The company also expanded its partnership with Symatese in early August 2026 to commercialize its Estyme hyaluronic acid (HA) gels across Canada, Australia, and New Zealand, aligning with its existing Jeuveau and Nuceiva markets, and launched the Estyme collection in Europe.

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Updated on 8/13/2026

Evolus (EOLS) stock has gained about 50% since 4/30/2026 because of the following key factors:

1. Strong Fiscal Q2 2026 Financial Performance and Upbeat Guidance.

Evolus reported robust financial results for fiscal Q2 2026 (ended June 30, 2026), with total net revenue of $84.1 million, marking a 21% year-over-year increase and exceeding analyst estimates. The company achieved its third consecutive quarter of positive Adjusted EBITDA, reaching $4.7 million, a substantial improvement from a $7.9 million loss in the prior-year quarter. Following these strong results, management raised its full-year 2026 revenue guidance to a range of $330 million to $337 million and increased its adjusted gross profit margin outlook to 67.0%-67.5%.

2. Strategic Portfolio Expansion and International Growth.

Evolus significantly expanded its injectable aesthetics portfolio through strategic partnerships during this period. This included an exclusive U.S. licensing agreement with IBSA to develop and commercialize Profhilo, a new skin quality treatment, with U.S. commercialization anticipated in 2030 and an estimated peak annual revenue exceeding $100 million. The company also expanded its partnership with Symatese in early August 2026 to commercialize its Estyme hyaluronic acid (HA) gels across Canada, Australia, and New Zealand, aligning with its existing Jeuveau and Nuceiva markets, and launched the Estyme collection in Europe.

3. Positive Analyst Sentiment and Elevated Price Targets.

Wall Street analysts responded favorably to Evolus's performance and strategic developments, leading to a consensus "Strong Buy" or "Moderate Buy" rating for the stock. The average analyst price target ranged from $14.50 to $14.67, indicating a substantial potential upside of approximately 74% to 98% from the stock's trading levels. Several firms reiterated their "Buy" ratings and issued specific price targets, such as BTIG Research at $13.00 and Stifel Nicolaus at $17.00, reinforcing investor confidence.

4. Robust Customer Engagement and Increasing Institutional Investor Confidence.

Evolus demonstrated strong customer engagement, with its Evolus Rewards membership surpassing 1.5 million, and repeat treatment rates by existing patients reaching approximately 71%. The company also saw an increase of approximately 600 total purchasing accounts during fiscal Q2 2026. Concurrently, institutional investors showed growing confidence in Evolus, with several large funds increasing their positions, contributing to institutional ownership of roughly 90.69% of the company's stock.

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Stock Movement Drivers

Fundamental Drivers

The 51.8% change in EOLS stock from 4/30/2026 to 8/18/2026 was primarily driven by a 44.8% change in the company's P/S Multiple.
(LTM values as of)43020268182026Change
Stock Price ($)5.398.1851.8%
Change Contribution By: 
Total Revenues ($ Mil)2973166.5%
P/S Multiple1.21.744.8%
Shares Outstanding (Mil)6566-1.6%
Cumulative Contribution51.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/18/2026
ReturnCorrelation
EOLS51.8% 
Market (SPY)6.8%2.2%
Sector (XLV)16.3%20.5%

Fundamental Drivers

The 74.4% change in EOLS stock from 1/31/2026 to 8/18/2026 was primarily driven by a 60.4% change in the company's P/S Multiple.
(LTM values as of)13120268182026Change
Stock Price ($)4.698.1874.4%
Change Contribution By: 
Total Revenues ($ Mil)28631610.7%
P/S Multiple1.11.760.4%
Shares Outstanding (Mil)6566-1.8%
Cumulative Contribution74.4%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/18/2026
ReturnCorrelation
EOLS74.4% 
Market (SPY)11.2%21.3%
Sector (XLV)10.1%20.1%

Fundamental Drivers

The -8.3% change in EOLS stock from 7/31/2025 to 8/18/2026 was primarily driven by a -17.4% change in the company's P/S Multiple.
(LTM values as of)73120258182026Change
Stock Price ($)8.928.18-8.3%
Change Contribution By: 
Total Revenues ($ Mil)27531614.9%
P/S Multiple2.11.7-17.4%
Shares Outstanding (Mil)6466-3.4%
Cumulative Contribution-8.3%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/18/2026
ReturnCorrelation
EOLS-8.3% 
Market (SPY)22.4%16.0%
Sector (XLV)31.8%24.6%

Fundamental Drivers

The -18.4% change in EOLS stock from 7/31/2023 to 8/18/2026 was primarily driven by a -52.9% change in the company's P/S Multiple.
(LTM values as of)73120238182026Change
Stock Price ($)10.028.18-18.4%
Change Contribution By: 
Total Revenues ($ Mil)156316102.3%
P/S Multiple3.61.7-52.9%
Shares Outstanding (Mil)5666-14.3%
Cumulative Contribution-18.4%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/18/2026
ReturnCorrelation
EOLS-18.4% 
Market (SPY)73.6%27.5%
Sector (XLV)32.5%29.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
EOLS Return94%15%40%5%-40%17%131%
Peers Return51%-39%-13%-10%2%-17%-38%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
EOLS Win Rate58%58%50%58%42%50% 
Peers Win Rate67%42%47%47%50%33% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
EOLS Max Drawdown-67%-53%-35%-38%-62%-41% 
Peers Max Drawdown-23%-57%-50%-48%-41%-41% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: ABBV, BHC, SKIN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/18/2026 (YTD)

How Low Can It Go

EventEOLSS&P 500
2023 SVB Regional Banking Crisis
  % Loss-20.7%-6.7%
  % Gain to Breakeven26.2%7.1%
  Time to Breakeven20 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-25.6%-24.5%
  % Gain to Breakeven34.5%32.4%
  Time to Breakeven10 days427 days
2020 COVID-19 Crash
  % Loss-65.7%-33.7%
  % Gain to Breakeven191.5%50.9%
  Time to Breakeven340 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-44.2%-19.2%
  % Gain to Breakeven79.1%23.8%
  Time to Breakeven45 days105 days

Compare to ABBV, BHC, SKIN

In The Past

Evolus's stock fell 0.0% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventEOLSS&P 500
2023 SVB Regional Banking Crisis
  % Loss-20.7%-6.7%
  % Gain to Breakeven26.2%7.1%
  Time to Breakeven20 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-25.6%-24.5%
  % Gain to Breakeven34.5%32.4%
  Time to Breakeven10 days427 days
2020 COVID-19 Crash
  % Loss-65.7%-33.7%
  % Gain to Breakeven191.5%50.9%
  Time to Breakeven340 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-44.2%-19.2%
  % Gain to Breakeven79.1%23.8%
  Time to Breakeven45 days105 days

Compare to ABBV, BHC, SKIN

In The Past

Evolus's stock fell 0.0% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 0.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Evolus (EOLS)

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Evolus, Inc. (EOLS) is a performance beauty company specializing in the medical aesthetics sector. The company focuses on developing and delivering innovative products that physicians use to provide aesthetic treatments to their patients.

The flagship product offered by Evolus is Jeuveau, a proprietary formulation of 900 kilodalton purified botulinum toxin type A. This product is specifically designed and approved for the temporary improvement in the appearance of moderate to severe glabellar lines, which are the frown lines between the eyebrows, in adult patients.

Evolus primarily serves the United States market, with its main customers being physicians and other medical professionals who then administer Jeuveau to their adult patients seeking cosmetic enhancements for facial lines.

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AI Analysis | Feedback

  • The Pepsi to Botox's Coke in the wrinkle-relaxer market.
  • A focused challenger to AbbVie (the maker of Botox) in the aesthetic injectables space.

AI Analysis | Feedback

  • Jeuveau: A proprietary 900 kilodalton purified botulinum toxin type A formulation for the temporary improvement in the appearance of moderate to severe glabellar lines in adults.

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Evolus (EOLS) sells primarily to other businesses rather than directly to individuals. Its major customers are medical professionals and aesthetic practices that administer Jeuveau to their patients.

The primary categories of customers include:

  • Dermatologists and Dermatology Practices: Physicians specializing in skin health and cosmetic procedures.
  • Plastic Surgeons and Plastic Surgery Centers: Medical professionals focused on reconstructive and cosmetic surgery.
  • Aesthetic Clinics and Medical Spas (Medspas): Facilities that offer a range of non-surgical cosmetic treatments, often overseen by medical directors.

These customers are typically private medical practices or clinics, and therefore do not have public company symbols.

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Daewoong Pharmaceutical Co., Ltd. (069620)

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David Moatazedi, President and Chief Executive Officer

Mr. Moatazedi has served as President and Chief Executive Officer of Evolus since May 2018. Prior to joining Evolus, he was Senior Vice President at Allergan, Inc., where he led the U.S. Medical Aesthetics division, overseeing a range of products from facial aesthetics to skin care. His tenure at Allergan also included roles such as Vice President of Sales and Marketing for both the U.S. Facial Aesthetics and Plastic Surgery divisions. Mr. Moatazedi's experience at Allergan included successful acquisitions such as LifeCell for $2.9 billion and ZELTIQ® Aesthetics for $2.5 billion. He also served as a board member at Obalon Therapeutics, Inc., a public medical device company. Earlier in his career, he spent six years at Novartis Pharmaceuticals.

Tatjana Mitchell, Chief Financial Officer

Ms. Mitchell was appointed Chief Financial Officer of Evolus, effective September 8, 2025. She brings over 20 years of strategic and operational finance leadership experience from both public and private companies in retail, consumer, data, and technology-driven sectors. Most recently, Ms. Mitchell served as Senior Vice President of Corporate Finance at Experian, where she managed financial planning and capital allocation across six business units. During her time at Experian, she also held CFO roles for Experian Consumer Services and Experian Marketing Services, where she drove double-digit organic revenue growth and executed and integrated several acquisitions.

Michael Mazen Jafar, Chief Commercial Officer

Mr. Jafar was named Chief Commercial Officer effective November 1, 2020, and previously served as the company's Chief Marketing Officer since joining Evolus in June 2018. Before Evolus, Mr. Jafar was Vice President, Medical Aesthetics at Allergan, where he led the commercial launch of Juvederm Voluma® and managed product development and marketing initiatives for several key franchises, including Botox® Cosmetic and Kybella®. He also oversaw the market assessment and integration of the CoolSculpting® franchise acquired from Zeltiq.

Rui Avelar, Chief Medical Officer and Head of Research & Development

Dr. Avelar serves as the Chief Medical Officer and Head of Research & Development at Evolus. He participates in the company's earnings calls, providing insights into medical and R&D aspects.

Jeff Plumer, General Counsel

Mr. Plumer has served as General Counsel of Evolus since November 1, 2020. He previously held the role of Vice President of Legal since the company's initial public offering (IPO) in 2018. Prior to the IPO, he served as Vice President of Legal to Evolus' sole stockholder from 2014 to early 2018. Earlier in his career, Mr. Plumer practiced as a corporate securities and mergers & acquisitions attorney at K&L Gates LLP.

AI Analysis | Feedback

The key risks to Evolus's business include intense market competition, ongoing intellectual property and licensing dependencies, and challenges related to its financial health combined with an over-reliance on its primary product.

  1. Intense Market Competition and Aggressive Pricing Strategies: Evolus operates in a highly competitive medical aesthetics market, particularly for neurotoxins, which is dominated by established players like AbbVie's Botox. The entry of new competitors and their aggressive pricing strategies are expected to intensify pricing pressures, potentially leading to eroded profit margins and challenges in gaining or maintaining market share for Jeuveau.
  2. Intellectual Property Disputes and Reliance on Licensing Agreements: Evolus has a history of significant intellectual property disputes, including a U.S. International Trade Commission (ITC) ruling that previously imposed a 21-month ban on Jeuveau imports due to alleged trade secret misappropriation, though a settlement was later reached. Furthermore, the company's operations depend heavily on licensing agreements with partners like Daewoong and Symatese for product manufacturing and commercialization, which come with volume requirements and finite durations. Disruptions to these critical agreements or future IP challenges could severely impact Evolus's ability to operate and supply its products.
  3. Financial Health Challenges and Over-reliance on Jeuveau: Evolus has faced concerns regarding its financial health, including significant debt levels and reported negative profitability margins despite revenue growth. The company's business model is largely dependent on the success of a single product, Jeuveau. This concentrated reliance makes Evolus highly vulnerable to market shifts, increased competition, or any factors that could hinder Jeuveau's market adoption or profitability, thereby exacerbating existing financial challenges.

AI Analysis | Feedback

The launch and increasing market adoption of Revance Therapeutics' Daxxify (daxibotulinumtoxinA-lanm) represent a clear emerging threat to Evolus. Daxxify, approved in September 2022, is a botulinum toxin product for glabellar lines that offers a significantly longer duration of effect (median 6 months) compared to traditional neurotoxins like Evolus's Jeuveau (typically 3-4 months). This extended duration is a distinct competitive advantage that can attract both patients seeking fewer injection sessions and practitioners looking for improved patient satisfaction and clinic efficiency, thereby potentially eroding Jeuveau's market share.

AI Analysis | Feedback

Evolus, Inc. (EOLS) operates in the performance beauty sector, primarily offering medical aesthetic products. The company's main products are Jeuveau, a botulinum toxin type A formulation, and the Evolysse line of dermal fillers.

The addressable market sizes for Evolus's main products are as follows:

  • For Jeuveau, which is a botulinum toxin type A product for aesthetic use, the U.S. market for botulinum toxin was valued at approximately USD 5.04 billion in 2024 and is projected to reach around USD 11.53 billion by 2033. Globally, the botulinum toxin market was valued at approximately USD 12.24 billion in 2024 and is projected to reach about USD 30.59 billion by 2034.
  • For the Evolysse line of dermal fillers, the U.S. filler market was approximately USD 6.2 billion and is projected to grow to USD 10 billion by 2028.

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for Evolus (EOLS) over the next 2-3 years:

  1. Continued U.S. Market Share Growth for Jeuveau: Evolus anticipates continued expansion of Jeuveau's market share in the U.S. The company has demonstrated consistent gains, with Jeuveau reaching over 14% of the U.S. market in 2025 and projected to move into the mid-teens. This growth is supported by the brand's performance beauty positioning, clinically differentiated product, and robust consumer loyalty programs like Evolus Rewards™, which shows high repeat engagement.
  2. Expansion of U.S. Injectable Portfolio with Evolysse and Estyme: The successful launch and increasing traction of Evolysse, a line of hyaluronic acid (HA) gels, is a significant driver. Evolysse is expected to contribute 10% to 12% of total revenue for 2026, with only two products (Form and Smooth) currently contributing to this. The planned FDA approval of Evolysse Sculpt, a mid-face volume product, later in 2026, and the upcoming introduction of Estyme, another HA gel in Europe in the first half of 2026, further diversify the company's portfolio and revenue streams. Evolus's portfolio rebate program also incentivizes clinics to adopt a broader range of its products.
  3. International Expansion: Evolus is actively growing its international presence, with international revenue nearly doubling in 2025 and accounting for 8% of total revenue, up from 5% in 2024. The company expects international revenue to reach approximately 15% by 2028. Operating in nine countries outside the United States, Evolus plans to continue expanding, including the European launch of Estyme in the first half of 2026.

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Share Issuance

  • Evolus made equity awards to its directors and officers in February 2026, including 45,559 Restricted Stock Units (RSUs) to director Vikram Malik and 94,913 performance-based RSUs, 94,913 time-based RSUs, and stock options for 138,649 shares to officer Rui Avelar.
  • The company has a registration statement with the SEC covering shares of common stock available for future issuance under its 2017 Omnibus Incentive Plan.
  • Evolus management stated in March 2026 that the company is not planning to raise equity capital and remains highly sensitive to dilution.

Capital Expenditures

  • Capital spending for the purchase of property, plant, and equipment was $955,000 in the fourth quarter of 2025, representing a 118.0% increase year-over-year.
  • The company expects to allocate resources towards furthering the development of marketing programs and commercialization infrastructure for its products.
  • Evolus has committed to reimbursing Symatese for specific clinical trial expenses related to the Evolysse™ Lip and Eye products in the United States and certain regulatory filing fees in Europe.

Better Bets vs. Evolus (EOLS)

Peer Outperformance in Pharmaceuticals

EOLS has outperformed 58% of its 62 Pharmaceuticals peers over 5Y. Among the peers that beat it are CORT and PTCT. Pharmaceuticals ranks 7th of 10 industries in Health Care by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Pharmaceuticals constituents that EOLS has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
62%
of 74 industry peers · 22.3% return
3Y
45%
of 69 industry peers · -14.1% return
5Y
58%
of 62 industry peers · -22.1% return
Pharmaceuticals peers with revenue growth within 4pp of EOLS's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
EOLS Evolus 23.9% -15.7x 22.3%-14.1%-22.1%
CORT Corcept Therapeutics 24.9% 225.5x 64.6%281.8%479.8% +502pp
PTCT PTC Therapeutics 21.0% -157.1x 45.8%84.2%96.2% +118pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Health Care sector, ranked by 5Y. Pharmaceuticals is EOLS's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Health Care Distributors 7 9.7%79.7%140.2% CAH 411% · MCK 348% · COR 179%
Health Care Services 20 20.0%41.9%9.5% HIMS 302% · RDNT 143% · DGX 72%
Managed Health Care 8 33.2%-3.6%1.3% OSCR 142% · HQY 64% · ELV 14%
Health Care Facilities 24 11.9%-3.3%-15.7% THC 289% · NHC 263% · ENSG 132%
Health Care Equipment 51 -2.3%-9.2%-18.9% POCI 10738% · UFPT 396% · GKOS 288%
Health Care Supplies 12 38.3%-12.4%-27.5% LNTH 314% · HAE 81% · MMSI 31%
Pharmaceuticals ← 63 3.1%-1.7%-31.9% LQDA 2959% · INDV 1388% · ETON 1385%
Life Sciences Tools & Services 108 -8.4%-32.7%-70.6% SNWV 1953% · ELMD 259% · MEDP 235%
Health Care Technology 20 -28.4%-53.8%-73.9% SPOK 37% · HSTM -2% · VEEV -24%
Biotechnology 365 6.6%-27.4%-77.2% BRTX 106400% · DNTH 1803% · CELZ 1443%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

EOLSABBVBHCSKINMedian
NameEvolus AbbVie Bausch H.SkinHeal. 
Mkt Price8.18258.926.930.607.55
Mkt Cap0.5458.02.60.11.6
Rev LTM31664,38610,8532905,585
Op Inc LTM-2121,8502,761-41,378
FCF LTM-2218,2101,39317705
FCF 3Y Avg-3018,0761,13615575
CFO LTM-1519,5071,80022911
CFO 3Y Avg-2519,1431,52321772

Growth & Margins

EOLSABBVBHCSKINMedian
NameEvolus AbbVie Bausch H.SkinHeal. 
Rev Chg LTM13.9%10.4%10.1%-6.5%10.2%
Rev Chg 3Y Avg23.9%4.9%9.1%-9.4%7.0%
Rev Chg Q21.2%10.2%12.7%-7.8%11.4%
QoQ Delta Rev Chg LTM4.9%2.5%3.1%-2.1%2.8%
Op Inc Chg LTM49.7%59.5%46.4%90.1%54.6%
Op Inc Chg 3Y Avg20.4%11.2%26.2%-38.5%15.8%
Op Mgn LTM-6.5%33.9%25.4%-1.5%12.0%
Op Mgn 3Y Avg-11.9%27.5%21.1%-17.9%4.6%
QoQ Delta Op Mgn LTM3.9%0.8%2.2%2.1%2.2%
CFO/Rev LTM-4.9%30.3%16.6%7.6%12.1%
CFO/Rev 3Y Avg-9.0%32.4%15.2%7.0%11.1%
FCF/Rev LTM-6.9%28.3%12.8%5.7%9.3%
FCF/Rev 3Y Avg-10.9%30.6%11.3%4.9%8.1%

Valuation

EOLSABBVBHCSKINMedian
NameEvolus AbbVie Bausch H.SkinHeal. 
Mkt Cap0.5458.02.60.11.6
P/S1.77.10.20.31.0
P/Op Inc-26.221.00.9-18.0-8.6
P/EBIT-30.939.43.048.721.2
P/E-15.772.6-2.4-2.7-2.6
P/CFO-35.123.51.43.52.5
Total Yield-6.4%4.0%-42.3%-36.6%-21.5%
Dividend Yield0.0%2.6%0.0%0.0%0.0%
FCF Yield 3Y Avg-5.3%5.2%51.9%9.9%7.5%
D/E0.30.28.04.72.5
Net D/E0.20.17.32.11.1

Returns

EOLSABBVBHCSKINMedian
NameEvolus AbbVie Bausch H.SkinHeal. 
1M Rtn42.8%1.7%43.5%-28.9%22.2%
3M Rtn27.2%22.0%30.3%-9.4%24.6%
6M Rtn86.3%12.9%15.7%-40.0%14.3%
12M Rtn22.3%29.2%-13.6%-72.6%4.3%
3Y Rtn-14.1%91.3%-17.0%-90.7%-15.5%
1M Excs Rtn44.2%-1.2%44.7%-27.2%21.5%
3M Excs Rtn20.6%20.6%25.9%-4.8%20.6%
6M Excs Rtn73.9%0.5%3.3%-52.4%1.9%
12M Excs Rtn2.3%9.9%-36.2%-91.7%-16.9%
3Y Excs Rtn-89.3%16.4%-89.9%-163.7%-89.6%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Jeuveau ®272264200  
Evolysse ®2300  
Service revenue22221
Product revenue, net   14799
Total297266202149100


Assets by Segment
$ Mil201820172016
Single segment17215277
Total17215277


Price Behavior

Price Behavior
Market Price$8.18 
Market Cap ($ Bil)0.5 
First Trading Date02/08/2018 
Distance from 52W High-1.9% 
   50 Days200 Days
DMA Price$6.73$5.94
DMA Trendindeterminateup
Distance from DMA21.6%37.6%
 3M1YR
Volatility64.9%66.9%
Downside Capture-118.3655.83
Upside Capture12.2566.97
Correlation (SPY)1.8%20.4%
EOLS Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta0.41-0.120.231.290.961.11
Up Beta0.63-0.470.151.191.621.09
Down Beta-0.18-0.62-0.061.500.941.18
Up Capture-76%-22%46%147%24%62%
Bmk +ve Days11223567138427
Stock +ve Days9202959118362
Down Capture182%53%17%103%102%106%
Bmk -ve Days11212859114326
Stock -ve Days13223366131381

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EOLS
EOLS21.6%66.8%0.54-
Sector ETF (XLV)26.3%15.5%1.3121.4%
Equity (SPY)20.4%12.8%1.1719.8%
Gold (GLD)29.8%28.5%0.911.5%
Commodities (DBC)40.2%20.2%1.56-14.7%
Real Estate (VNQ)13.1%13.9%0.6512.7%
Bitcoin (BTCUSD)-45.4%42.7%-1.3019.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EOLS
EOLS-6.0%62.3%0.15-
Sector ETF (XLV)6.6%15.0%0.2527.0%
Equity (SPY)13.1%17.2%0.5929.1%
Gold (GLD)19.8%18.6%0.874.7%
Commodities (DBC)9.8%19.6%0.392.4%
Real Estate (VNQ)2.4%18.9%0.0226.2%
Bitcoin (BTCUSD)7.1%52.6%0.3216.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EOLS
EOLS-3.3%80.4%0.30-
Sector ETF (XLV)10.4%16.7%0.5124.9%
Equity (SPY)15.2%17.9%0.7227.7%
Gold (GLD)12.1%16.2%0.613.9%
Commodities (DBC)7.8%18.1%0.356.4%
Real Estate (VNQ)4.8%20.7%0.2025.7%
Bitcoin (BTCUSD)59.9%66.0%1.0012.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity5.6 Mil
Short Interest: % Change Since 7152026-5.7%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest8.7 days
Basic Shares Quantity65.9 Mil
Short % of Basic Shares8.4%

Returns Analyses

Earnings Returns History

Updated 8/4/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/4/202614.2%13.3%8.1%
3/3/202635.4%27.8%4.4%
1/9/2026-1.6%-12.9%-26.1%
11/5/20255.4%7.2%2.3%
8/5/2025-28.5%-28.2%-15.7%
5/7/2025-14.2%-15.1%-14.6%
3/4/2025-1.3%-11.4%-14.8%
11/6/2024-15.0%-27.1%-24.7%
...
SUMMARY STATS   
# Positive131211
# Negative131415
Median Positive8.2%13.0%18.7%
Median Negative-7.5%-11.1%-14.6%
Max Positive35.4%34.6%29.7%
Max Negative-28.5%-28.2%-44.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/4/202614.2%13.3%8.1%
3/3/202635.4%27.8%4.4%
1/9/2026-1.6%-12.9%-26.1%
11/5/20255.4%7.2%2.3%
8/5/2025-28.5%-28.2%-15.7%
5/7/2025-14.2%-15.1%-14.6%
3/4/2025-1.3%-11.4%-14.8%
11/6/2024-15.0%-27.1%-24.7%
7/31/202413.0%3.9%27.5%
5/7/2024-1.2%-4.8%-7.6%
3/7/2024-4.9%-4.9%-10.1%
1/16/202419.7%12.7%29.6%
11/7/20238.2%4.6%18.7%
8/2/20232.1%-5.8%0.5%
5/9/202316.0%7.1%-5.4%
3/8/2023-3.2%-3.4%-5.3%
1/18/202318.1%27.5%10.8%
11/8/2022-9.1%-3.1%-2.3%
8/2/2022-17.6%-26.1%-21.8%
5/10/20227.7%34.6%18.7%
3/3/20225.7%16.4%29.7%
11/2/2021-4.5%-10.7%-34.5%
8/4/2021-7.5%-4.1%-7.9%
3/24/2021-23.1%-21.3%-44.5%
10/29/20203.8%14.4%27.7%
8/10/20200.8%5.1%-3.0%
SUMMARY STATS   
# Positive131211
# Negative131415
Median Positive8.2%13.0%18.7%
Median Negative-7.5%-11.1%-14.6%
Max Positive35.4%34.6%29.7%
Max Negative-28.5%-28.2%-44.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/05/202610-Q
03/31/202605/04/202610-Q
12/31/202503/03/202610-K
09/30/202511/05/202510-Q
06/30/202508/05/202510-Q
03/31/202505/07/202510-Q
12/31/202403/04/202510-K
09/30/202411/06/202410-Q
06/30/202407/31/202410-Q
03/31/202405/07/202410-Q
12/31/202303/07/202410-K
09/30/202311/07/202310-Q
06/30/202308/02/202310-Q
03/31/202305/09/202310-Q
12/31/202203/08/202310-K
09/30/202211/08/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/05/202610-Q
03/31/202605/04/202610-Q
12/31/202503/03/202610-K
09/30/202511/05/202510-Q
06/30/202508/05/202510-Q
03/31/202505/07/202510-Q
12/31/202403/04/202510-K
09/30/202411/06/202410-Q
06/30/202407/31/202410-Q
03/31/202405/07/202410-Q
12/31/202303/07/202410-K
09/30/202311/07/202310-Q
06/30/202308/02/202310-Q
03/31/202305/09/202310-Q
12/31/202203/08/202310-K
09/30/202211/08/202210-Q
06/30/202208/02/202210-Q
03/31/202205/10/202210-Q
12/31/202103/03/202210-K
09/30/202111/02/202110-Q
06/30/202108/04/202110-Q
03/31/202105/12/202110-Q
12/31/202003/25/202110-K
09/30/202010/29/202010-Q
06/30/202008/10/202010-Q
03/31/202005/11/202010-Q
12/31/201902/25/202010-K
09/30/201911/04/201910-Q

Recent Forward Guidance

Updated 7/27/2026

Latest: Q1 2026 Earnings Reported 5/4/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue327.00 Mil332.00 Mil337.00 Mil0 AffirmedGuidance: 332.00 Mil for 2026
2026 Revenue Growth10.0%11.5%13.0% 0AffirmedGuidance: 11.5% for 2026
2026 Adjusted Gross Profit Margin65.5%66.25%67.0%   
2026 Non-GAAP Operating Expenses210.00 Mil213.00 Mil216.00 Mil0 AffirmedGuidance: 213.00 Mil for 2026
2028 Revenue450.00 Mil475.00 Mil500.00 Mil0 AffirmedGuidance: 475.00 Mil for 2028
2028 Revenue Growth15.0%17.0%19.0%   
2028 Adjusted EBITDA Margin13.0%14.0%15.0% 0AffirmedGuidance: 14.0% for 2028

Prior: Q4 2025 Earnings Reported 3/3/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue327.00 Mil332.00 Mil337.00 Mil0 AffirmedGuidance: 332.00 Mil for 2026
2026 Revenue Growth10.0%11.5%13.0% -0.5%LoweredGuidance: 12.0% for 2026
2026 Non-GAAP Operating Expenses210.00 Mil213.00 Mil216.00 Mil   
2026 Adjusted EBITDA Margin1.0%3.0%5.0%   
2028 Revenue450.00 Mil475.00 Mil500.00 Mil0 AffirmedGuidance: 475.00 Mil for 2028
2028 Adjusted EBITDA Margin13.0%14.0%15.0%   

Q4 2025 Earnings Reported 1/9/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue327.00 Mil332.00 Mil337.00 Mil  Higher New
2026 Revenue Growth11.0%12.0%13.0%  Higher New
2028 Revenue450.00 Mil475.00 Mil500.00 Mil-32.1% LoweredGuidance: 700.00 Mil for 2028
2028 Operating Margin13.0%14.0%15.0% -6.0%LoweredGuidance: 20.0% for 2028

Q3 2025 Earnings Reported 11/5/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2025 Non-GAAP Operating Income5.00 Mil6.00 Mil7.00 Mil   
2025 Net Revenue295.00 Mil300.00 Mil305.00 Mil0 AffirmedGuidance: 300.00 Mil for 2025
2025 Non-GAAP Operating Expenses208.00 Mil210.50 Mil213.00 Mil0 AffirmedGuidance: 210.50 Mil for 2025
2025 Evolysse Revenue Contribution0.10.110.12   
2028 Total Net Revenue 700.00 Mil 0 AffirmedGuidance: 700.00 Mil for 2028
2028 Non-GAAP Operating Income Margin 20.0%  0AffirmedGuidance: 20.0% for 2028

Insider Activity

Updated 4/26/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Avelar, RuiSee RemarksDirectSell32020264.753,11914,8152,030,259Form
2Moatazedi, DavidSee RemarksDirectSell32020264.7513,66964,9292,872,385Form
3Moatazedi, DavidSee RemarksDirectSell31820264.89116,720570,5623,022,773Form
4Avelar, RuiSee RemarksDirectSell31820264.8929,996146,6292,104,618Form
5Moatazedi, DavidSee RemarksDirectSell122920257.1510,53975,3612,534,122Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Avelar, RuiSee RemarksDirectSell32020264.753,11914,8152,030,259Form
2Moatazedi, DavidSee RemarksDirectSell32020264.7513,66964,9292,872,385Form
3Moatazedi, DavidSee RemarksDirectSell31820264.89116,720570,5623,022,773Form
4Avelar, RuiSee RemarksDirectSell31820264.8929,996146,6292,104,618Form
5Moatazedi, DavidSee RemarksDirectSell122920257.1510,53975,3612,534,122Form
6Avelar, RuiSee RemarksDirectSell122920257.152,26116,1682,551,520Form
7Yamagishi-Dressler, TomokoChief Marketing OfficerDirectSell82620257.515,72242,972675,517Form
8Stewart, Brady DirectBuy81820256.8230,000204,486604,113Form
9Moatazedi, DavidSee RemarksDirectSell61620259.8916,582164,0543,610,405Form
10Moatazedi, DavidSee RemarksDirectSell616202510.05111,3231,119,1413,835,348Form
11White, Albert G Iii DirectBuy61020259.4520,000189,000476,072Form
12Beaver, SandraChief Financial OfficerDirectSell514202510.026,49465,0701,674,232Form
13Avelar, RuiSee RemarksDirectSell51420259.873,38533,3973,542,739Form
14Moatazedi, DavidSee RemarksDirectSell51420259.8715,787155,7564,862,330Form

Investor Activity (13F)

Updated Aug 19, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Frazier Life Sciences Management, L.P.$10.8 Mil0.3%38Hold13F
Active Manager
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Frazier Life Sciences Management, L.P.$10.8 Mil0.3%38Hold13F
Core Cache Last Updated: 8/18/2026