SIGA Technologies Soars 3.85% on Third Day of Gains

SIGA Technologies (SIGA) shares surged 3.85% today, marking the third consecutive day of gains, with a cumulative increase of 8.54% over the past three days. The stock price reached its highest level since January 2025, with an intraday gain of 4.81%.

SIGA Technologies' recent performance has been a key driver of its stock price. The company has outperformed the broader market, with a stock price increase of 1.96% in the recent trading session, surpassing the S&P 500's gain of 1.67%. Over the past month, SIGA's stock climbed 4.07%, exceeding the Medical sector's loss of 9.34% and the S&P 500's loss of 6.57%.

Analysts are closely observing SIGA's upcoming earnings disclosure, which is anticipated to show significant shifts in earnings per share and revenue from the previous year. The Zacks Consensus Estimates predict earnings of $0.13 per share and revenue of $184.36 million. SIGA Technologies currently holds a Zacks Rank of 4 (Sell), and its Forward P/E ratio of 47.15 indicates it is valued at a premium compared to the industry average of 15.56.