(ACHV) Achieve Life Sciences - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0044685008

Stock: Cytisinicline, Treatment, Smoking, Withdrawal, Symptom

Total Rating 44
Risk 67
Buy Signal -0.19

EPS (Earnings per Share)

EPS (Earnings per Share) of ACHV over the last years for every Quarter: "2020-12": -1.11, "2021-03": -1.3, "2021-06": -1.53, "2021-09": -0.71, "2021-12": -0.76, "2022-03": -0.8, "2022-06": -1.08, "2022-09": -1.35, "2022-12": -0.83, "2023-03": -0.5, "2023-06": -0.43, "2023-09": -0.34, "2023-12": -0.26, "2024-03": -0.26, "2024-06": -0.25, "2024-09": -0.36, "2024-12": -0.36, "2025-03": -0.37, "2025-06": -0.37, "2025-09": -0.28, "2025-12": 0,

Revenue

Revenue of ACHV over the last years for every Quarter: 2020-12: 0, 2021-03: 0, 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0, 2024-03: 0, 2024-06: 0, 2024-09: 0, 2024-12: 0.228, 2025-03: 0, 2025-06: 0, 2025-09: 0, 2025-12: null,
Risk 5d forecast
Volatility 84.1%
Relative Tail Risk -13.1%
Reward TTM
Sharpe Ratio 0.73
Alpha 7.74
Character TTM
Beta 1.236
Beta Downside 1.344
Drawdowns 3y
Max DD 80.11%
CAGR/Max DD -0.09

Description: ACHV Achieve Life Sciences January 17, 2026

Achieve Life Sciences, Inc. (NASDAQ: ACHV) is a late-stage biotech focused on nicotine-independence therapies. Its lead product, cytisinicline-a plant-derived alkaloid that modulates nicotinic acetylcholine receptors to blunt withdrawal symptoms-is being pursued for commercialization in Canada, the United States, and the United Kingdom under a license and supply agreement with Sopharma AD and the University of Bristol. The company is headquartered in Bothell, Washington.

Key industry context: the North American nicotine-cessation market is estimated at roughly $2.5 billion in 2024 and is projected to grow 4-5 % annually, driven by stricter tobacco-control policies and increasing consumer demand for non-combustible alternatives. Cytisinicline is currently in Phase 3 trials; assuming successful outcomes, a U.S. NDA filing could occur by late 2025, positioning ACHV against established products such as Pfizer’s Chantix and newer varenicline-free candidates. As of the most recent 10-Q (Q2 2024), the company reported cash and cash equivalents of about $45 million, providing an estimated 12-month runway at current burn rates-a critical KPI for assessing financing risk.

For a deeper quantitative assessment, you may find ValueRay’s analyst platform useful.

Piotroski VR‑10 (Strict, 0-10) 0.0

Net Income: -52.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.78 > 0.02 and ΔFCF/TA -26.09 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.78 > 3% & CFO -40.7m > Net Income -52.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 5.14 > 1.5 & < 3
Outstanding Shares: last quarter (34.7m) vs 12m ago 0.96% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.46% > 50% (prev 0.0%; Δ 0.46% > 0%)
Interest Coverage Ratio: -67.43 > 6 (EBITDA TTM -51.4m / Interest Expense TTM 765.0k)

Altman Z'' -15.00

A: 0.77 (Total Current Assets 50.1m - Total Current Liabilities 9.73m) / Total Assets 52.0m
B: -4.72 (Retained Earnings -245.6m / Total Assets 52.0m)
C: -1.03 (EBIT TTM -51.6m / Avg Total Assets 50.0m)
D: -13.32 (Book Value of Equity -245.4m / Total Liabilities 18.4m)
Altman-Z'' Score: -31.22 = D

What is the price of ACHV shares?

As of February 07, 2026, the stock is trading at USD 4.25 with a total of 575,542 shares traded.
Over the past week, the price has changed by +1.67%, over one month by -14.83%, over three months by -10.34% and over the past year by +32.40%.

Is ACHV a buy, sell or hold?

Achieve Life Sciences has received a consensus analysts rating of 4.88. Therefore, it is recommended to buy ACHV.
  • StrongBuy: 7
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the ACHV price?

Issuer Target Up/Down from current
Wallstreet Target Price 15.4 261.9%
Analysts Target Price 15.4 261.9%
ValueRay Target Price 4.3 0%

ACHV Fundamental Data Overview February 03, 2026

P/B = 6.873
Revenue TTM = 228.0k USD
EBIT TTM = -51.6m USD
EBITDA TTM = -51.4m USD
Long Term Debt = 8.67m USD (from longTermDebt, last quarter)
Short Term Debt = 1.26m USD (from shortTermDebt, last quarter)
Debt = 9.96m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -22.0m USD (from netDebt column, last quarter)
Enterprise Value = 184.4m USD (222.5m + Debt 9.96m - CCE 48.1m)
Interest Coverage Ratio = -67.43 (Ebit TTM -51.6m / Interest Expense TTM 765.0k)
EV/FCF = -4.53x (Enterprise Value 184.4m / FCF TTM -40.7m)
FCF Yield = -22.06% (FCF TTM -40.7m / Enterprise Value 184.4m)
FCF Margin = -17.8k% (FCF TTM -40.7m / Revenue TTM 228.0k)
Net Margin = -23.0k% (Net Income TTM -52.3m / Revenue TTM 228.0k)
Gross Margin = 48.68% ((Revenue TTM 228.0k - Cost of Revenue TTM 117.0k) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 3.54 (Enterprise Value 184.4m / Total Assets 52.0m)
Interest Expense / Debt = 1.93% (Interest Expense 192.0k / Debt 9.96m)
Taxrate = 21.0% (US default 21%)
NOPAT = -40.7m (EBIT -51.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 5.14 (Total Current Assets 50.1m / Total Current Liabilities 9.73m)
Debt / Equity = 0.30 (Debt 9.96m / totalStockholderEquity, last quarter 33.6m)
Debt / EBITDA = 0.43 (negative EBITDA) (Net Debt -22.0m / EBITDA -51.4m)
Debt / FCF = 0.54 (negative FCF - burning cash) (Net Debt -22.0m / FCF TTM -40.7m)
Total Stockholder Equity = 26.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -104.7% (out of range, set to none)
RoE = -196.7% (Net Income TTM -52.3m / Total Stockholder Equity 26.6m)
RoCE = -146.2% (out of range, set to none) (EBIT -51.6m / Capital Employed (Equity 26.6m + L.T.Debt 8.67m))
RoIC = -111.7% (out of range, set to none) (NOPAT -40.7m / Invested Capital 36.5m)
WACC = 10.09% (E(222.5m)/V(232.5m) * Re(10.47%) + D(9.96m)/V(232.5m) * Rd(1.93%) * (1-Tc(0.21)))
Discount Rate = 10.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 28.01%
Fair Price DCF = unknown (Cash Flow -40.7m)
EPS Correlation: 79.84 | EPS CAGR: 25.79% | SUE: 4.0 | # QB: 1
Revenue Correlation: 25.21 | Revenue CAGR: 0.0% | SUE: 0.0 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.31 | Chg30d=-0.011 | Revisions Net=+0 | Analysts=3
EPS next Year (2026-12-31): EPS=-1.18 | Chg30d=-0.008 | Revisions Net=-1 | Growth EPS=+6.3% | Growth Revenue=+0.0%

Additional Sources for ACHV Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle