AstraZeneca Soars 7.8% on Baxdrostat Trial Success, Q3 Earnings Beat

Generated by AI AgentMover TrackerReviewed byAInvest News Editorial Team
Tuesday, Nov 11, 2025 2:55 am ET1min read
Aime RobotAime Summary

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shares surged 7.8% after positive Phase 3 trial results for baxdrostat and strong Q3 earnings.

- Baxdrostat showed 14.0 mmHg systolic blood pressure reduction, with potential to capture $30B resistant hypertension market.

- Q3 revenue hit $14.365B, exceeding estimates by 2%, driven by oncology drugs like Enhertu and Truqap.

- Analysts upgraded price targets citing robust pipeline, while $4.5B US manufacturing investment reinforced growth prospects.

AstraZeneca’s share price rose to its highest level so far this month, climbing 3.49% intraday on Nov. 11. The stock has gained 7.80% over three consecutive sessions, driven by positive clinical developments and strong earnings performance.

The rally follows successful Phase 3 trial results for baxdrostat, AstraZeneca’s hypertension drug, which demonstrated a 14.0 mmHg reduction in 24-hour systolic blood pressure compared to placebo. The drug, acquired via the 2023 CinCor Pharma deal, showed a favorable safety profile and could target a $30 billion market for resistant hypertension. Analysts highlighted its potential to strengthen AstraZeneca’s cardiovascular portfolio and expand market share.


Third-quarter earnings also bolstered investor confidence, with revenue surpassing estimates by 2% to $14.365 billion, driven by oncology blockbusters like Enhertu and Truqap. Leerink Partners upgraded its price target to $87, citing a robust pipeline of Phase 3 opportunities and AstraZeneca’s long-term revenue goals. Strategic moves, including a $4.5 billion U.S. manufacturing investment and regulatory approvals for therapies like Koselugo and Saphnelo, further reinforced growth prospects.


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