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Why B.Riley Reduced Harrow, Inc. (HROW) Price Target Despite Long-Term Optimism

We recently compiled a list of the 8 Best Small Cap Pharma Stocks to Buy Right Now. Harrow, Inc. (NASDAQ:HROW) is one of the best pharma stocks.

TheFly reported on May 14 that HROW had its price target reduced by B.Riley to $60 from $65 while a Buy rating was maintained. The update followed first-quarter results that were impacted by weaker pricing for VEVYE and lowered near-term growth expectations. Despite this, the outlook remains supported by improving underlying volume trends and strengthening demand signals across IHEEZO and Triesence. The note also points to upcoming product launches and reimbursement coding catalysts, along with expanding commercial leverage, as factors that could drive stronger second-half performance and support a longer-term path toward higher revenue levels even amid ongoing pricing uncertainty.

On May 11, Harrow, Inc. (NASDAQ:HROW) reported first-quarter 2026 performance with revenue of $44.2 million for the period ended March 31, 2026. Results included a non-recurring revenue adjustment of roughly $8 million linked to updated commercial coverage for VEVYE. The company highlighted record prescription activity for VEVYE despite a decline in the broader branded dry eye market, with demand trends still aligned with expectations for more than $100 million in 2026 revenue.

IHEEZO unit demand rose 18% year over year, driven largely by retina adoption, while TRIESENCE unit demand more than doubled for a sixth consecutive quarter of growth. The company reaffirmed full-year revenue guidance of $350–$365 million and expects second-quarter revenue of $71–$81 million, supported by continued commercial expansion.

Harrow, Inc. (NASDAQ:HROW) is a pharmaceutical company headquartered in Nashville, Tennessee, that specializes in the discovery, development, and commercialization of ophthalmic (eye care) products for the North American market.

While we acknowledge the risk and potential of HROW 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 HROW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

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A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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