Atea Pharmaceuticals, Inc.(AVIR)Stock Analysis
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Pending next ranking run
This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
AVIR Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Atea Pharmaceuticals, Inc. (AVIR), a Healthcare sector company. AVIR is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Atea Pharmaceuticals, Inc. reports net income of $-45.4M, free cash flow of $-46.4M. Top institutional holders of AVIR by reported 13-F value include FMR, BlackRock,, BML Capital Management,, based on the most recent SEC filings. AVIR trades on the Nasdaq exchange and files with the SEC under CIK 1593899. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AVIR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Atea Pharmaceuticals, Inc. directly from SEC EDGAR.
Net Income
Q1 2026
$-45.4M
Free Cash Flow
Q1 2026
$-46.4M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
Net Income
-16.5% YoYOperating Income
-10.2% YoYEPS (Diluted)
-19.0% YoYTotal Assets
-47.0% YoYOp. Cash Flow
-54.6% YoY| Metric | FY 2025 | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | — | — | $351.4M +622.5% | $48.6M | — | — |
| Net Income | $-158.3M -16.5% | $-136.0M -212.2% | $121.2M +1207.1% | $-10.9M +22.0% | $-14.0M -54.8% | $-9.1M |
| Operating Income | $-180.9M -10.2% | $-164.2M -218.6% | $138.4M +1354.6% | $-11.0M +24.5% | $-14.6M -54.1% | $-9.5M |
| EPS (Diluted) | $-1.94 -19.0% | $-1.63 -219.0% | $1.37 +368.6% | $-0.51 +63.3% | $-1.39 | — |
| Total Assets | $315.2M -47.0% | $595.0M -23.0% | $772.9M -10.5% | $863.6M +3812.6% | $22.1M | — |
| Operating Cash Flow | $-132.0M -54.6% | $-85.4M +1.9% | $-87.0M -129.3% | $296.7M +2413.0% | $-12.8M -62.2% | $-7.9M |
AI Insight: AVIR Financial Trends
Atea is burning cash and equity at an accelerating pace with no visible revenue, shrinking shareholder value by 51% since Q2 2024.
• Operating losses widened from $47M (Q2 2024) to $55M (Q4 2025), then stabilized at $48M (Q1 2026).
• Operating cash outflow deteriorated to $46M in Q1 2026, worst quarter in 8-quarter span.
• Equity halved from $476M (Q2 2024) to $234M (Q1 2026); no debt disclosure suggests cash depletion via operations.
⚠ No revenue reported across all eight quarters; cash runway at current burn (~$46M/quarter) now ~5 quarters.
⚠ Net losses accelerated Q4 2025–Q1 2026 to $45M/quarter, offset only by slowing operating cash burn in Q4 2025.
AI Insight: AVIR Ratio Trends
Atea's returns have deteriorated sharply across all metrics—ROE, ROA, and ROIC all worsening materially since Q2 2024, with Q1 2026 marking the lowest point in the dataset.
• ROE collapsed from -34.0% in Q2 2024 to -77.8% in Q1 2026; ROIC declined from -39.4% to -82.2% over same period.
• Deterioration accelerated in recent quarters: ROA fell from -38.0% in Q2 2025 to -68.1% in Q1 2026.
⚠ Negative returns across all profitability and efficiency metrics indicate persistent unprofitability; trajectory worsening, not improving.
⚠ TTM ROIC at -81.2% signals cumulative 12-month value destruction; urgent need to return to profitability.
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Available Research
13F Pro tracks comprehensive data for Atea Pharmaceuticals, Inc. including:
Top Institutional Holders of AVIR
FMR LLC
$64.3M11,950,772 shBlackRock, Inc.
$45.4M8,435,437 shBML Capital Management, LLC
$38.0M7,058,657 shTANG CAPITAL MANAGEMENT LLC
$25.9M4,814,700 shVANGUARD CAPITAL MANAGEMENT LLC
$17.5M3,246,124 shBain Capital Life Sciences Investors, LLC
$12.7M2,360,638 shTWO SIGMA INVESTMENTS, LP
$10.0M1,864,164 shGEODE CAPITAL MANAGEMENT, LLC
$9.4M1,747,706 shSTATE STREET CORP
$9.1M1,694,635 shDIMENSIONAL FUND ADVISORS LP
$6.8M1,255,484 sh
| Fund | Value | Shares |
|---|---|---|
| FMR LLC | $64.3M | 11,950,772 |
| BlackRock, Inc. | $45.4M | 8,435,437 |
| BML Capital Management, LLC | $38.0M | 7,058,657 |
| TANG CAPITAL MANAGEMENT LLC | $25.9M | 4,814,700 |
| VANGUARD CAPITAL MANAGEMENT LLC | $17.5M | 3,246,124 |
| Bain Capital Life Sciences Investors, LLC | $12.7M | 2,360,638 |
| TWO SIGMA INVESTMENTS, LP | $10.0M | 1,864,164 |
| GEODE CAPITAL MANAGEMENT, LLC | $9.4M | 1,747,706 |
| STATE STREET CORP | $9.1M | 1,694,635 |
| DIMENSIONAL FUND ADVISORS LP | $6.8M | 1,255,484 |
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Popular Research
Is AVIR a good stock to buy?
13F Pro's AI-powered analysis of Atea Pharmaceuticals, Inc. (AVIR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AVIR are available on the AVIR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own AVIR?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AVIR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Atea Pharmaceuticals, Inc.'s investment landscape.