BioCryst Pharmaceuticals, Inc. logo BCRX - BioCryst Pharmaceuticals, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 23
HOLD 6
SELL 0
STRONG
SELL
0
| PRICE TARGET: $19.00 DETAILS
HIGH: $29.00
LOW: $11.00
MEDIAN: $17.00
CONSENSUS: $19.00
UPSIDE: 130.16%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 70.2% below fair value
Current Price $8.26
Bear Case $20.63 149.9% upside ($20.63 - $8.26) / $8.26 = 149.9% 6% stage 1 growth, 11% discount
Fair Value $27.74 236.1% upside ($27.74 - $8.26) / $8.26 = 236.1% 10% stage 1 growth, 11% discount
Bull Case $34.68 320.1% upside ($34.68 - $8.26) / $8.26 = 320.1% 13% stage 1 growth, 11% discount

Adjust Assumptions

9.7%
11.0%
3.0%

Key Value Driver

FCF growth rate (10% base case)

Terminal Value % of EV 39%
Implied Market Multiple 6.6x
Market is pricing in (growth) -6.5% vs our 9.7% base

Plain-Language Summary

Using a two-stage FCF DCF with 10% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $27.74 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (29 analysts) $19.00
Analyst Range $11.00 – $29.00
Divergence from AlphaVal 46%

Warnings

⚠ Stock-based employee pay equals 32% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
ℹ Wall Street's average price target is $19.00 (from 29 analysts). Our estimate is 46% above the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions