Vertex Pharmaceuticals Drops 3.22% Amid Revenue Guidance

Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 9, 2025 8:09 am ET1min read

Vertex Pharmaceuticals Incorporated, a global biotechnology company, experienced a 3.22% drop in pre-market trading on April 9, 2025. The company, founded in 1989, is dedicated to discovering, developing, producing, and commercializing small molecule drugs for serious diseases in specialized markets.

has two key products, KALYDECO and INCIVEK, and collaborates with leading pharmaceutical companies, non-profit disease research institutions, and renowned academic institutions worldwide.

Vertex Pharmaceuticals has been guiding for revenue between $11.75 billion and $12.0 billion for 2025, representing a 9% annual increase at the midpoint. This growth is driven by the company's strong pipeline and successful commercialization of its existing products. The company's estimated fair value is US$797 based on a 2 Stage Free Cash Flow to Equity model, suggesting potential upside from the current share price.

Analysts have a generally positive outlook on

. According to 25 analysts, the average rating for stock is "Buy." The 12-month stock price forecast is $508.09, which is an increase of 5.93% from the current price. This optimistic view is supported by the company's robust pipeline and its track record of delivering innovative therapies to patients with serious diseases.

Comments



Add a public comment...
No comments

No comments yet