MetaCap

Eton Pharmaceuticals (ETON) vs Neurocrine Biosciences (NBIX)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Eton Pharmaceuticals (ETON) has outperformed Neurocrine Biosciences (NBIX) over the past year, gaining 159.5% versus a gain of 4.7%. Over five years, ETON leads with a +953.4% price change compared with +37.2% for NBIX. Neurocrine Biosciences is the larger company by market cap ($14.45 billion vs $1.56 billion), about 9.2 times the size.

On valuation, Neurocrine Biosciences trades at a lower forward P/E (12.0x vs 21.2x for Eton Pharmaceuticals).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ETON+159.48%NBIX+4.72%
+216%+86%-44%
Oct 7, 20251 yearOct 7, 2026
ETON+999.80%NBIX+37.85%
+1233%+557%-120%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ETON versus NBIX key metrics
MetricETONNBIX
Share price$54.72$142.17
Market cap$1.56B$14.45B
1-day change-0.30%-0.91%
YTD return+224.54%+1.16%
1-year return+159.48%+4.72%
5-year return+953.36%+37.24%
P/E ratio (TTM)136.7920.85
Forward P/E21.2111.97
EPS (TTM)$0.40$6.82
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)—$2.86B
Revenue growth (YoY)—+21.45%
Net income (latest FY)—$478.60M
Gross margin—98.18%
Operating margin—21.64%
Net margin—16.73%
52-week high$66.37$186.12
52-week low$14.27$122.14
Distance from 52-week high-17.56%-23.61%
Analyst consensusstrong_buystrong_buy
Avg. price target upside+29.76%+45.80%
Average volume606.07K1.30M
Shares outstanding28.58M101.65M
Employees442,500
SectorHealth CareHealth Care
IndustryBiotechnology: Pharmaceutical PreparationsBiotechnology: Biological Products (No Diagnostic Substances)

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Neurocrine Biosciences is about 9.2 times larger than Eton Pharmaceuticals by market value ($14.45B vs $1.56B).
  • ETON has outperformed NBIX by 154.8 percentage points over the past year.
  • Eton Pharmaceuticals trades at a higher earnings multiple (136.8x vs 20.8x trailing P/E).

About Eton Pharmaceuticals

ETON stock →

Eton Pharmaceuticals, Inc., a pharmaceutical company, focuses on developing and commercializing treatments for rare diseases. Its commercial rare disease products include Increlex for the treatment of severe primary igf-1 deficiency; Alkindi Sprinkle for adrenal insufficiency; Khindivi for adrenocortical insufficiency; Galzin for Wilson disease; PKU Golike for phenylketonuria; Carglumic Acid for N-acetylglutamate synthase deficiency; Betaine Anhydrous for homocystinuria; and Nitisinone for tyrosinemia type 1.

Health Care · Biotechnology: Pharmaceutical Preparations · 44 employees

About Neurocrine Biosciences

NBIX stock →

Neurocrine Biosciences, Inc. discovers, develops, and commercialize pharmaceuticals for neurological, psychiatric, endocrine, and immunological disorders in the United States and internationally.

Health Care · Biotechnology: Biological Products (No Diagnostic Substances) · 2,500 employees

ETON vs NBIX FAQ

Which is bigger, Eton Pharmaceuticals or Neurocrine Biosciences?

Neurocrine Biosciences (NBIX) is larger, with a market capitalization of $14.45B compared with $1.56B for Eton Pharmaceuticals (ETON).

Which stock has performed better over the past year, ETON or NBIX?

ETON returned +159.48% over the past 12 months, compared with +4.72% for NBIX (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, ETON or NBIX?

NBIX has the lower trailing P/E at 20.8, versus 136.8 for ETON. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Eton Pharmaceuticals and Neurocrine Biosciences in the same industry?

Both are in the Health Care sector, but in different industries: Biotechnology: Pharmaceutical Preparations for Eton Pharmaceuticals and Biotechnology: Biological Products (No Diagnostic Substances) for Neurocrine Biosciences.

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