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Xeris Biopharma shares more than double on strong Q3 results and raised guidance

Company Fundamentals
12 Nov 2026, 18:11 WIB
Seeking Alpha
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Bullish
Xeris Biopharma shares more than double on strong Q3 results and raised guidance

Xeris Biopharma Holdings' stock price has more than doubled since March, fueled by strong Q3 financial results including a surprise GAAP profit of $0.06 per share, $11.3 million net income, and 44% revenue growth to $107.2 million. The company improved gross margins to 88% and reduced debt by eliminating $34 million in convertible notes, cutting annual interest expenses by $3 million and strengthening its balance sheet. Analysts remain bullish but note that the recent price surge has brought shares near or above several price targets, with potential for further upward revisions following updated guidance. This performance highlights Xeris' growing financial health and investor confidence in its biotech prospects.

Xeris Biopharma's recent financial performance provides context for readers interested in biotech developments. For readers following health-sector stocks, here is Pluang's market snapshot as of Nov 12, 2026 23:11 WIB: Among 150 priced US health-sector stocks tradable on Pluang, 39 rose and 111 fell today. Notable movers include ERAS at USD 16.05 with a 1-day change of -4.46%, XRAY at USD 9.35 with a 1-day change of -4.20% and a Pluang order activity of 0% Sell / 100% Buy, and TXG at USD 59.45 with a 1-day change of -4.19% and a typical hold time on Pluang of 92 days.

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