Coverage / SLP / Trade Card

SLP

Simulations Plus Inc

OPPORTUNISTIC BUY 2026-08-08 Data 35 days old USD 18.32 Healthcare - Medical - Healthcare Information ServicesAWAIT ENTRY
ACTIONABLEMethodology gates passed
59

Position levels

Currenttoday
USD 18.32
Buy <=wait / entry
USD 14.17
Trim >=take some off
USD 18.50
Thesis breakTermination, material renegotiation below USD18.50, or expiry of the Altaris tra...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case50%62 / 10031.0
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • M&A activity: Simulations Plus agreed to be acquired by Altaris affiliate SP Evolution HoldCo II in a cash merger at $18.50 per share
  • Earnings or guidance changes: Q3 FY2026 EPS beat of 29.03% ($0.300 actual vs $0.233 estimate) with 4.74% revenue beat; Q2 FY2026 EPS beat of 29.63%
  • Earnings or guidance changes: Q1 FY2026 EPS miss of -27.78% and FY2025 Q4 revenue decline of 6% YoY with guidance for 3-5% revenue decline in F1Q:26
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