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ACHVAchieve Life Sciences, Inc.
$6.52$348M
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ACHV logoAchieve Life Sciences, Inc.(ACHV)Earnings, Financials & Key Ratios

ACHV•NASDAQ
$6.52
Price updated Jul 7, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryNeuroscience and Psychiatry Therapies
AboutAchieve Life Sciences, Inc., a clinical-stage pharmaceutical company, develops and commercializes of cytisinicline for smoking cessation and nicotine addiction in Canada, the United States, and the United Kingdom. The company offers cytisinicline, a plant-based alkaloid that interacts with nicotine receptors in the brain that reduce the severity of nicotine withdrawal symptoms. It has license agreements with Sopharma AD and University of Bristol. The company is based in Vancouver, Canada.Show more
  • Revenue$0
  • EBITDA-$55M-40.7%
  • Net Income-$55M-37.2%
  • EPS (Diluted)-1.25-0.8%
  • ROE-257.67%+37.1%

ACHV Price & Volume

Achieve Life Sciences, Inc. (ACHV) stock price & volume — 10-year historical chart

Loading chart...

Clinical Development Costs Threaten Liquidity Runway Sustainability

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Regulatory and liquidity dependence

Key Thesis Takeaways

  • Achieve Life Sciences remains a high-risk, pre-revenue biotechnology firm entirely dependent on the successful regulatory advancement of its sole clinical asset, cytisinicline.
  • The company faces a precarious financial outlook as quarterly operating losses consistently exceed $10 million, necessitating urgent access to external capital to avoid further dilution or insolvency.
  • Investors should monitor the firm's ability to secure strategic partnerships or financing, as the current $28.1 million cash reserve appears insufficient to sustain long-term clinical trial operations.

Verdict Logic

the company's precarious liquidity position, evidenced by a cash balance of only $28.1 million against quarterly operating losses exceeding $10 million, suggests a high probability of near-term dilutive financing or significant capital constraints.

ACHV Growth Metrics

Achieve Life Sciences, Inc. (ACHV) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-12.63%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM16.42%

Return on Capital

10 Years-183.63%
5 Years-290.73%
3 Years-404.1%
Last Year-169.75%

ACHV Recent Earnings

Achieve Life Sciences, Inc. (ACHV) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 2/12 qtrs (17%)
Q2 2026Latest
May 12, 2026
Metric
Actual
Est
EPS
$0.19+36.7%
$0.30
Rev
—
—
Q2 2026
Mar 24, 2026
Metric
Actual
Est
EPS
$0.28-3.7%
$0.27
Rev
—
—
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.28-16.7%
$0.24
Rev
—
—
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$0.37+0.0%
$0.37
Rev
—
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 12, 2026
$0.19vs $0.30+36.7%
—
Q2 2026Mar 24, 2026
$0.28vs $0.27-3.7%
—
Q4 2025Nov 6, 2025
$0.28vs $0.24-16.7%
—
Q3 2025Aug 7, 2025
$0.37vs $0.37+0.0%
—
Based on last 12 quarters of dataView full earnings history →

Latest ACHV News

Recent stock market news and headlines for Achieve Life Sciences, Inc. (ACHV)

GlobeNewsWire·Jun 29, 2026
Achieve Life Sciences Joins Russell 2000® Index

SEATTLE and VANCOUVER, British Columbia, June 29, 2026 (GLOBE NEWSWIRE) -- Achieve Life Sciences, Inc. (Achieve or the Company) (Nasdaq: ACHV), a late-stage specialty pharmaceutical company focused on the global development and commercialization of cytisinicline as a treatment for nicotine dependence, today announced that it has been added to the Russell 2000® Index, effective June 26, 2026, as part of the Russell U.S. Indexes reconstitution. The Company is also a member of the Russell 3000® Index.

Seeking Alpha·Jun 23, 2026
Achieve Life Sciences: CRL Is Fixable, So I Remain Bullish

Achieve Life Sciences remains a cytisinicline story, with very positive smoking-cessation data. This also gives cytisinicline some added optionality for vaping. The FDA's CRL appears to be mostly about manufacturing and labeling issues. However, it's not about a particular cytisinicline efficacy or safety problem. ACHV is currently targeting Q4 2026 resubmission and, assuming everything goes according to plan, it could receive approval by 1H2027.

Benzinga·Jun 22, 2026
FDA Declines To Approve Achieve Life Sciences' Smoking Cessation Drug; Q4 Resubmission Planned

Achieve Life Sciences Inc. (NASDAQ:ACHV) on Monday received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) for its New Drug Application seeking approval of cytisinicline, its investigational treatment for nicotine dependence.

Reuters·Jun 22, 2026
US FDA declines to approve Achieve Life Sciences' smoking-cessation drug

The U.S. Food and Drug Administration ​has declined to approve Achieve Life ‌Sciences' drug to treat nicotine dependence in adults, the company said on Monday.

GlobeNewsWire·Jun 22, 2026
Achieve Life Sciences Receives Complete Response Letter from FDA for Cytisinicline NDA

CRL Cites Deficiencies at Third-Party Manufacturing Facility No Efficacy or Clinical Safety Deficiencies Identified SEATTLE and VANCOUVER, British Columbia, June 22, 2026 (GLOBE NEWSWIRE) -- Achieve Life Sciences, Inc. (Achieve or the Company) (Nasdaq: ACHV), a late-stage specialty pharmaceutical company focused on the global development and commercialization of cytisinicline as a treatment of nicotine dependence, today announced that it has received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) regarding the New Drug Application (NDA) for cytisinicline. The CRL relates to outstanding manufacturing-related observations from a current Good Manufacturing Practice (cGMP) inspection of a third-party manufacturing facility and to final product labeling that was not completed by the FDA's action date.

Peers Comparison

Key metrics vs top competitors for Achieve Life Sciences, Inc. (ACHV)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ACHV logoACHVAchieve Life Sciences, Inc.Current
$6.52$348.24M-5.22——-257.67%—
PTGX logoPTGXProtagonist Therapeutics, Inc.
$140.85$9.06B-68.71-89.41%-648.27%-17.76%—
ATAI logoATAIAtai Beckley N.V
$5.19$1.91B-1.781227.6%-19019.44%-366.21%—
GFAI logoGFAIGuardforce AI Co., Limited
$0.39$8.55M-1.30-3.07%-17.49%-40.41%—
OWLT logoOWLTOwlet, Inc.
$5.63$20.46M-2.5135.43%-43%——
CHRS logoCHRSCoherus Oncology, Inc.
$1.67$204.42M-1.15-84.2%-323.49%-174.71%—

Compare ACHV vs Peers

Achieve Life Sciences, Inc. (ACHV) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PTGX

Most directly comparable listed peer for ACHV.

Scale Benchmark

vs ABBV

Larger-name benchmark to compare ACHV against a more recognizable public peer.

Peer Set

Compare Top 5

vs PTGX, ATAI, GFAI, OWLT

ACHV SEC Filings & Documents

Achieve Life Sciences, Inc. (ACHV) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 12, 2026·SEC

Material company update

Apr 16, 2026·SEC

Material company update

Mar 24, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 24, 2026·SEC

FY 2025

Mar 11, 2025·SEC

FY 2024

Mar 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 12, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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ACHV Frequently Asked Questions

Achieve Life Sciences, Inc. (ACHV) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is ACHV profitable?

Achieve Life Sciences, Inc. (ACHV) reported a net loss of $52.0M for fiscal year 2025.

Dividend & Returns
What is ACHV's return on equity?

Achieve Life Sciences, Inc. (ACHV) has a return on equity (ROE) of -257.7%. Negative ROE indicates the company is unprofitable.

What is Achieve Life Sciences, Inc.'s free cash flow?

Achieve Life Sciences, Inc. (ACHV) had negative free cash flow of $45.3M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ACHV back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →