Xeris Biopharma Holdings, Inc. (XERS) Hits Fresh High: Is There Still Room to Run?

Have you been paying attention to shares of Xeris Biopharma (XERS)? Shares have been on the move with the stock up 5.3% over the past month. The stock hit a new 52-week high of $8.37 in the previous session. Xeris Biopharma has gained 145.1% since the start of the year compared to the 2.5% gain for the Zacks Medical sector and the 13.5% return for the Zacks Medical - Drugs industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 7, 2025, Xeris Biopharma reported EPS of -$0.01 versus consensus estimate of -$0.03.For the current fiscal year, Xeris Biopharma is expected to post earnings of -$0.03 per share on $287.18 in revenues. This represents a 90.91% change in EPS on a 41.42% change in revenues. For the next fiscal year, the company is expected to earn $0.21 per share on $349.68 in revenues. This represents a year-over-year change of 793.33% and 21.76%, respectively.Valuation MetricsXeris Biopharma may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.Xeris Biopharma has a Value Score of D. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of B.Zacks RankWe also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, Xeris Biopharma currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Xeris Biopharma fits the bill. Thus, it seems as though Xeris Biopharma shares could have a bit more room to run in the near term.How Does XERS Stack Up to the Competition?Shares of XERS have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is AMNEAL PHARMACEUTICALS, INC. (AMRX). AMRX has a Zacks Rank of #2 (Buy) and a Value Score of A, a Growth Score of A, and a Momentum Score of C.Earnings were strong last quarter. AMNEAL PHARMACEUTICALS, INC. beat our consensus estimate by 38.89%, and for the current fiscal year, AMRX is expected to post earnings of $0.76 per share on revenue of $3.01 billion.Shares of AMNEAL PHARMACEUTICALS, INC. have gained 8.9% over the past month, and currently trade at a forward P/E of 13.62X and a P/CF of 7.49X.The Medical - Drugs industry is in the top 33% of all the industries we have in our universe, so it looks like there are some nice tailwinds for XERS and AMRX, even beyond their own solid fundamental situation.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Xeris Biopharma Holdings, Inc. (XERS): Free Stock Analysis Report AMNEAL PHARMACEUTICALS, INC. (AMRX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks