VNDA - Vanda Pharmaceuticals Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$14.25
DETAILS
HIGH:
$21.00
LOW:
$7.50
MEDIAN:
$14.25
CONSENSUS:
$14.25
UPSIDE:
130.21%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
40% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
14.0x
0.42$
Key Value Driver
Normalized P/E multiple (14x base case)
Implied Market Multiple
14.7x
Plain-Language Summary
Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $14.25 from 19 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $7.97 per share.
Warnings
Wall Street's average price target is $14.25 (from 19 analysts). Our estimate is 59% below the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples