Mirum Pharmaceuticals, Inc. (MIRM)
NASDAQHealth CareBiotechnologySnapshot 2026-11-04
$96.97+11.42%
Close 2026-11-04 · 1-day change
NASDAQHealth CareBiotechnologySnapshot 2026-11-04
Research Workspace
Put MIRM beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Biotechnology is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 42% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 39%, softest on free-cash-flow margins.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 38% in its worst 12-month stretch.
View RiskMIRM's pipeline milestones have to keep compounding to justify the price. Revenue grew 38% year over year in the second quarter. The company outlined 2026 net product sales guidance of $715M to $720M. It trades at 9.5x sales versus an 8.8x peer median. The price reflects less growth than we forecast. Our model puts the next-quarter miss probability near 64%. Peer multiples imply a price about 31% above where it trades. This read is provisional.
Trailing returns as of 2026-11-04. MIRM is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 14 analysts currently covering MIRM (as of Nov 2026).
Based on 8 Wall Street analysts offering 12-month price targets for MIRM in the last 4 months.
Continue this research
Compare MIRM with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| MIRM Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 3 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Biotechnology — fair value, gap to price, and forward P/E.
Compare the value case
Put MIRM next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Increase 2026 net product sales guidance to $715-$720M
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $96.97
The last 12 months of price, then the range of analyst 12-month targets from today’s $96.97.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Confirms top-end 2026 guidance target.
Advances: Increase 2026 net product sales guidance to $680-$700M
Revenue beat supports sales growth objective.
Advances: Advance regulatory and clinical milestones for pipeline products
Positive study results support pipeline advancement.
Advances: Advance regulatory and clinical milestones for pipeline products
Positive trial data supports pipeline advancement.
Advances: Advance regulatory and clinical milestones for pipeline products
Positive Phase III results support pipeline advancement.
Advances: Advance regulatory and clinical milestones for pipeline products
Positive trial results support pipeline advancement.
Advances: Advance regulatory and clinical milestones for pipeline products
Phase 3 results could validate pipeline progress.
Advances: Advance regulatory and clinical milestones for pipeline products
Analyst optimism aligns with pipeline progress.
