Siga Technologies Sees Unusually Large Options Volume (NASDAQ:SIGA)

Siga Technologies Inc. (NASDAQ:SIGA - Get Free Report) was the target of some unusual options trading on Wednesday. Investors bought 1,200 call options on the stock. This is an increase of approximately 1,438% compared to the average daily volume of 78 call options.

Assessing SIGA Technologies (SIGA) Valuation After Q3 Earnings Stumble and Strong Year-to-Date Growth

SIGA Technologies reported a sharp decline in Q3 2025 earnings, resulting in a net loss, despite strong year-to-date growth. The share price fell nearly 20% to $6.54, with a P/E ratio of 6.3x, significantly lower than industry averages. This raises questions about whether SIGA is undervalued or if the market is factoring in future risks. A DCF analysis suggests a much higher fair value, indicating potential market mispricing. Investors are encouraged to explore opportunities while considering the risks associated with SIGA's reliance on government contracts.

Siga Technologies (NASDAQ:SIGA) Issues Earnings Results

Siga Technologies (NASDAQ:SIGA) reported its quarterly earnings, showing a loss of ($0.09) EPS and revenue of $2.62 million. The company has a net margin of 45.73% and a return on equity of 40.52%. Following the announcement, SIGA's stock fell by 3.1%, trading at $8.17. Analysts maintain a "Hold" rating on the stock, with some upgrades noted. Institutional investors hold 55.40% of the shares. Siga Technologies focuses on health security markets, with its lead product being TPOXX, an antiviral for smallpox treatment.

SIGA Technologies’ Earnings Call Highlights Growth and Challenges

SIGA Technologies held its Q3 earnings call, highlighting strong financials with $172 million in cash and no debt. Product sales reached $86 million, up from $54 million last year, driven by government contracts and international prospects. However, challenges include potential delays from a government shutdown and EMA inquiries about TPOXX. The company reported a net loss of $6 million in Q3, reflecting revenue fluctuations. Looking ahead, SIGA anticipates $26 million in future U.S. government orders and continues to engage in strategic discussions for TPOXX development.

SIGA Technologies shares are trading lower after the company reported a year-over-year decrease in Q3 financial results.