Anika Therapeutics, Inc. (ANIK) Stock Price & Analysis

Anika Therapeutics, Inc. (ANIK) closed at USD 21.42 on Friday, October 23, 2026, up 1.56% on the day. The US market is currently closed; this is not a live price.

The prior close was USD 21.09; the Oct 23, 2026 session ranged USD 20.6–21.45 on volume of 59,202 shares. Market capitalization is $286.66M, with a 52-week range of USD 9.01–22.88 (NMS). Source: Nexqual, retrieved October 24, 2026 at 01:12 UTC.

Also available as compact Markdown for AI agents: nexqual.com/ANIK.md

Key facts (ANIK)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ANIK)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$148M$114M$121M$120M$113M$121M
Gross profit$82.9M$73.2M$82.5M$76.0M$63.8M—
Operating income$2.6M$3.7M$844K-$5.1M-$11.1M-$5.1M
Net income$4.1M-$14.9M-$82.7M-$56.4M-$10.9M-$3.8M
EPS (diluted)$0.28-$1.02-$5.64-$3.83-$0.76—
Free cash flow$3.3M-$3.1M-$7.2M-$2.3M$4.4M$562K
Gross margin56.1%64.3%68.3%63.4%56.6%—
Operating margin1.8%3.2%0.7%-4.3%-9.8%-4.2%
Net margin2.8%-13.1%-68.4%-47.0%-9.6%-3.1%
Revenue growth+13.3%-23.0%+6.1%-0.7%-5.9%—
Cash + short-term investments$124M$121M$95.1M$79.2M$81.2M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (ANIK)

P/S 2.4x · P/FCF 510.1x · P/B 2.1x · FCF yield 0.20% · Earnings yield -1.32% · Buyback yield (TTM) 5.25%

Insider purchases (SEC Form 4, open-market, last ~7 months) (ANIK)

3 purchases, $264K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.

Trade dateInsiderRoleSharesValueAvg priceInsider type
2026-08-03…2026-08-04Fischetti Gary PDirector2,000$41K20.53Too little history (no open-market trades in 2023–2025)
2026-05-01Henneman John B IiiDirector5,000$73K14.66Too little history (no open-market trades in 2023–2025)
2026-04-30Griffin Stephen D.President and CEO12,200$150K12.29Too little history (no open-market trades in 2023–2025)

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (ANIK)

Consensus Buy (mean 1.50 on a 1–5 scale), 2 analysts; mean target USD 23 (low 23, high 23).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-07-30B. Riley SecuritiesTarget raisedBuy$18 → $21

Total return (dividends reinvested) (ANIK)

1Y (from 2025-10-24)5Y (from 2021-10-25)
Total return+110.7%-48.6%
S&P 500 (SPY)+14.0%+76.9%
Per year+111.7%-12.5%
Volatility (annualized)49.1%43.6%
Max drawdown-22.6% (Apr 2026→Apr 2026)-82.0% (Nov 2021→Aug 2025)

ANIK revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
OEM Channel$18.7M57.4%+14.5%
Commercial Channel$13.9M42.6%+17.1%
Total revenue$32.6M100%—

ANIK revenue by region (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
United States$19.8M60.7%+10.5%
Europe$6.8M21.0%+43.9%
Other Location$6.0M18.3%+7.7%
Total revenue$32.6M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

ANIK suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
CustomerJohnson & Johnson (JNJ)“The Company's largest such customer, Johnson & Johnson MedTech ("J&J MedTech") (previously known as DePuy Synthes Mitek Sports Medicine), a division of DePuy Orthopedics, Inc., part of the Johnson & Johnson Medical Companies, represented 50%, 57% and 62% of total revenues for the years-ended December 31, 2025, 2024 and 2023 respectively.”

Quoted from the company's 10-K filed Mar 3, 2026.

ANIK company outlook (results filed Jul 29, 2026)

Quoted word-for-word from the SEC 8-K results press release.

ANIK analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$0.42$0.03+1300.0%$29.4M1
Next quarter (ends Dec 2026)$0.19$0.08+137.5%$30.0M1
Current fiscal year (ends Dec 2026)$1.05$0.41+156.1%$121.6M1
Next fiscal year (ends Dec 2027)$0.95$0.46+106.5%$128.3M1

ANIK options: expected move

Options price a move of about ±16.8% (±$3.60) by Dec 18, 2026, which includes earnings on Nov 6, 2026. Over the last 8 reports the stock moved ±16.1% on average.

ExpirationDaysATM implied volatilityExpected move
Dec 18, 20265648.8%±16.8%
Mar 19, 202714743.3%±19.8%

30-day implied volatility 50.4% vs 31.5% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 24, 2026 at 01:12 UTC)

PriceUSD 21.42
Change▲ 1.56% (up)
Previous CloseUSD 21.09
OpenUSD 20.87
Day RangeUSD 20.6 – 21.45
52-Week RangeUSD 9.01 – 22.88
Volume59,202 shares
Market Cap$286.66M
ExchangeNMS

Technical Analysis (ANIK)

Nexqual's technical model rates ANIK "BUY" based on 5 bullish and 1 bearish signals across 126 daily candles, as of October 24, 2026 at 01:12 UTC.

Overall SignalBUY
RSI (14)58.73 (neutral)
vs SMA50Above (USD 20.66)
MACD0.09 (positive)

Analyst Ratings (ANIK)

Wall Street analysts rate ANIK "Buy" based on 2 analysts, with a mean price target of USD 23 (range USD 23–23), per Nexqual as of October 24, 2026 at 01:12 UTC.

Consensus RatingBuy
Analyst Count2
Mean TargetUSD 23
High TargetUSD 23
Low TargetUSD 23
Buy / Hold / Sell2 / 0 / 0

Earnings (ANIK)

Next Earnings Date2026-11-06
EPS EstimateUSD 0.42
Revenue Estimate$29.44M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 0.42 vs est 0.03 ▲ beat
2026-03-31USD 0.27 vs est 0 ▲ beat
2025-12-31USD 0.31 vs est 0.02 ▲ beat
2025-09-30USD 0.04 vs est 0.02 ▲ beat

Source: Nexqual, October 24, 2026 at 01:12 UTC.

Financials & Fundamentals (ANIK)

Total Revenue$120.65M
Revenue Growth (latest quarter, YoY)+15.60%
Gross Margin+62.17%
Operating Margin+11.43%
Profit Margin-3.14%
ROE-2.19%
Debt / Equity0.18
Current Ratio4.48
Total Cash$38.41M
Total Debt$25.25M
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$562,000 (0.5% of revenue)

Source: Nexqual, October 24, 2026 at 01:12 UTC.

Financial Health Score (ANIK)

Nexqual rates Anika Therapeutics, Inc.'s overall financial health "Mixed" across five dimensions, as of October 24, 2026 at 01:12 UTC.

GrowthWeak — Revenue -6% YoY (annual), declining
ProfitabilityStrong — Gross margin 62%, operating 11% (last 12 months)
Balance SheetStrong — $38M cash vs $25M debt, net cash position
Cash FlowMixed — FCF $562K (last 4 quarters to Jun 2026, SEC), slim 0.5% margin
EfficiencyCritical — ROE -2%, ROA -0.9%

Ownership (ANIK)

Insider Ownership+6.40%
Institutional Ownership+93.73%
Shares Outstanding13.38M
Float11.29M
Short % of Float+3.60%

Source: Nexqual, October 24, 2026 at 01:12 UTC.

Leadership (ANIK)

Anika Therapeutics, Inc. is led by Stephen D. Griffin, President, Principal Financial Officer, CEO & Director, per Nexqual as of October 24, 2026 at 01:12 UTC.

President, Principal Financial Officer, CEO & DirectorStephen D. Griffin
Executive Director of Corporate Development & Investor RelationsMatthew Hall
Senior Vice President of CommercialBen Joseph
Senior Vice President of Regulatory, Quality & Clinical AffairsMira Leiwant

Major Backers & Investors (ANIK)

Notable institutional backers of Anika Therapeutics, Inc. include Caligan Partners, LP, Morgan Stanley, Acadian Asset Management. LLC, according to Nexqual as of October 24, 2026 at 01:12 UTC.

Active Investors

InvestorStake
Caligan Partners, LP10.72%
Morgan Stanley4.59%
Acadian Asset Management. LLC4.53%
AQR Capital Management, LLC4.18%
Boothbay Fund Management, LLC3.96%
Renaissance Technologies3.6%
Capital Management Corporation3.35%

Index Funds (Passive)

FundStake
BlackRock10.83%
Vanguard Group4.27%
Dimensional Fund Advisors3.37%

Source: Nexqual, October 24, 2026 at 01:12 UTC.

From Anika Therapeutics, Inc.'s Latest SEC 10-K Filing (filed 2026-03-03)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
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HCMHUTCHMED (China) LimitedUSD 14.36▲ 0.56%
AMLXAmylyx Pharmaceuticals, Inc.USD 27.2▼ 4.8%
RGCRegencell Bioscience Holdings LUSD 7.67▼ 21.81%
LQDALiquidia CorporationUSD 42.65▲ 7.46%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 01:12 UTC. This page is informational and not investment advice.

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