TD Cowen Remains Bullish on Roivant Sciences Ltd. (ROIV) – Here’s Why

Roivant Sciences Ltd. (NASDAQ:ROIV) is one of the best healthcare stocks under $50 to invest in. TD Cowen maintained a bullish outlook on Roivant Sciences Ltd. (NASDAQ:ROIV) on February 6, revising the price target on the stock to $38 from $28 and maintaining a Buy rating. The rating update came the same day Roivant Sciences Ltd. (NASDAQ:ROIV) announced positive Phase 2 results for brepocitinib in cutaneous sarcoidosis (CS) and reported its financial results for Q3 ended December 31, 2025.

WhyRoivant Sciences Ltd. (ROIV) Surged On Thursday

Roivant Sciences Ltd. (NASDAQ:ROIV) reported that brepocitinib 45 mg considerably improved cutaneous sarcoidosis disease activity and exhibited rapid, deep, and sustained improvements across all other efficacy endpoints measured with a consistent safety profile. Management further stated that an NDA was submitted to the FDA for brepocitinib in dermatomyositis (DM), with topline data from Phase 3 studies in non-infectious uveitis (NIU) anticipated in H2 of calendar year 2026. Roivant Sciences Ltd. (NASDAQ:ROIV) is continually exploring other indications for brepocitinib.

In addition, the company reported $4.5 billion in consolidated cash, cash equivalents, restricted cash, and marketable securities as of December 31, 2025, supporting cash runway into profitability.

Roivant Sciences Ltd. (NASDAQ:ROIV) is a biopharmaceutical company that develops transformative medicines. Its product portfolio comprises Vtama, Batoclimab, Brepocitinib, Namilumab, and RVT-2001, which treat psoriasis, atopic dermatitis, thyroid eye disease, and other illnesses. Its product candidates extend across various therapeutic areas, including oncology, immunology, dermatology, and hematology.

While we acknowledge the potential of ROIV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ROIV and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.