RBC Capital Raises its Price Target on Neurocrine Biosciences (NBIX)

Neurocrine Biosciences, Inc. (NASDAQ:NBIX) is one of the 15 Most Promising Stocks to Buy Right Now.

On May 29, 2026, RBC Capital raised the firm’s price target on Neurocrine Biosciences, Inc. (NASDAQ:NBIX) to $183 from $180 and maintained an Outperform rating on the shares. RBC said the stock has rebounded after a strong Q1, though concerns remain that Crenessity uptake could hit a near-term ceiling. RBC also said its endocrinologist survey suggests room for near- and long-term growth, including expected utilization growth among doctors not currently using the drug.

On May 21, 2026, Bernstein analyst Jeffrey Walch initiated coverage of Neurocrine Biosciences, Inc. (NASDAQ:NBIX) with an Outperform rating and a $221 price target. Walch described Neurocrine as one of the more promising names in Bernstein’s initial coverage group of mid-cap biopharmaceutical companies, noting that the company’s two key medicines are already approved and have a long runway until loss-of-exclusivity. Bernstein added that upside could come as the market gains more certainty around future market share and a Phase 3 trial readout.

RBC Capital Raises its Price Target on Neurocrine Biosciences (NBIX)

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Earlier in May, Neurocrine Biosciences, Inc. (NASDAQ:NBIX) reported Q1 adjusted EPS of $1.94, ahead of the consensus estimate of $1.70. Revenue totaled $811M, above the consensus estimate of $767.88M. CEO Kyle Gano said the quarter reflected “continued momentum” across the commercial portfolio, with net product sales up 44% year-over-year, driven by demand for INGREZZA and CRENESSITY. Gano also cited the agreement to acquire Soleno Therapeutics and the company’s pipeline.

Neurocrine Biosciences, Inc. (NASDAQ:NBIX) discovers, develops, and commercializes pharmaceuticals for neurological, psychiatric, endocrine, and immunological disorders in the United States and internationally.

While we acknowledge the risk and potential of NBIX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NBIX and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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