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Delcath Systems (DE:DV3R)
STUTTGART:DV3R

Delcath Systems (DV3R) Price & Analysis

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DV3R Stock Chart & Stats

€13.96
-€0.19(-1.75%)
At close: 4:00 PM EDT
€13.96
-€0.19(-1.75%)

Bulls Say, Bears Say

Bulls Say
Revenue Scale And Gross MarginRevenue has scaled materially while gross margins remain exceptionally high, indicating an attractive underlying economics profile for the Hepzato platform. If this combination persists, Delcath can retain substantial gross profit from incremental procedure volume to support commercialization and operating investment.
Positive Cash GenerationStrong positive operating and free cash flow represents meaningful progress from deeply negative levels in 2021–2024. This cash conversion can help fund commercial expansion and ongoing operations internally, reducing reliance on external capital while the business continues scaling.
Very Low Financial LeverageVery low leverage gives Delcath financial flexibility while it develops the commercial opportunity for its liver-directed therapy. Limited debt obligations reduce balance-sheet pressure and leave more capacity to invest in adoption, infrastructure, and other initiatives without substantial financing constraints.
Bears Say
Fragile ProfitabilityDespite strong gross margins, Delcath has not yet demonstrated durable operating leverage. Near-breakeven net profitability and a return to slightly negative operating profit show that earnings remain sensitive to spending levels and revenue mix, limiting confidence in consistent profits over coming quarters.
Product And Geographic ConcentrationHeavy dependence on one principal product and the U.S. market concentrates execution risk in a narrow commercial base. Slower treatment-center activation, weaker procedure utilization, or challenges expanding beyond the current market could therefore have a disproportionate effect on growth and results.
Free Cash Flow VolatilityPositive free cash flow is encouraging, but the year-over-year decline indicates that cash generation has not yet become consistently progressive. Continued volatility could reduce the funds available for commercialization and make operating performance more dependent on maintaining favorable cash conversion.

Delcath Systems News

DV3R FAQ

What was Delcath Systems’s price range in the past 12 months?
Delcath Systems lowest stock price was €7.20 and its highest was €14.93 in the past 12 months.
    What is Delcath Systems’s market cap?
    Delcath Systems’s market cap is €446.65M.
      When is Delcath Systems’s upcoming earnings report date?
      Delcath Systems’s upcoming earnings report date is Nov 10, 2026 which is in 16 days.
        How were Delcath Systems’s earnings last quarter?
        Delcath Systems released its earnings results on Aug 06, 2026. The company reported €0.062 earnings per share for the quarter, beating the consensus estimate of -€0.079 by €0.142.
          Is Delcath Systems overvalued?
          According to Wall Street analysts Delcath Systems’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Delcath Systems pay dividends?
            Delcath Systems does not currently pay dividends.
            What is Delcath Systems’s EPS estimate?
            Delcath Systems’s EPS estimate is -0.08.
              How many shares outstanding does Delcath Systems have?
              Delcath Systems has 34,698,795 shares outstanding.
                What happened to Delcath Systems’s price movement after its last earnings report?
                Delcath Systems reported an EPS of €0.062 in its last earnings report, beating expectations of -€0.079. Following the earnings report the stock price went down -0.139%.
                  Which hedge fund is a major shareholder of Delcath Systems?
                  Currently, no hedge funds are holding shares in DE:DV3R
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Delcath Systems

                    Delcath Systems, Inc. is an interventional oncology firm operating in the United States and Europe, dedicated to developing treatments for both primary and secondary liver cancers. Its leading investigational product is the HEPZATO KIT, a unique hepatic delivery system for melphalan that targets high-dose chemotherapy specifically to the liver. This innovative approach aims to substantially reduce systemic drug exposure and mitigate associated side effects. HEPZATO's clinical evaluation is advancing through the FOCUS trial, which is designed to assess the objective response rate in individuals with metastatic uveal melanoma whose disease is primarily concentrated in the liver. Furthermore, the company offers a separate version of HEPZATO as a medical device in Europe, marketed under the CHEMOSAT Hepatic Delivery System brand (or simply CHEMOSAT). This system empowers European medical centers to manage a diverse array of liver cancer conditions. Delcath Systems, Inc. was established in 1988, with its corporate headquarters situated in New York, New York.

                    Delcath Systems (DV3R) Earnings & Revenues

                    DV3R Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The call presents a balanced mix of positive commercial and clinical momentum (record new patient starts, robust volume growth, encouraging CHOPIN data driving adoption, solid revenue growth and strong cash balance) alongside meaningful near-term operational and financial headwinds (slower-than-expected site activations and trial enrollment, higher R&D and SG&A spend, a quarter-over-quarter decline in adjusted EBITDA and a small net loss, plus European reimbursement constraints and seasonality risks). Management remains optimistic about hitting at least $100M in revenue for 2026 and returning to positive adjusted EBITDA for the year, but several execution and enrollment risks temper the outlook.View all DE:DV3R earnings summaries

                    DV3R Stock 12 Month Forecast

                    Average Price Target

                    €21.87
                    ▲(56.66% Upside)
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12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":7.6,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.15,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n       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