With a market capitalization of more than $143 billion today, Pfizer (PFE 0.83%) stock won't make anyone into a millionaire unless they're willing to commit a large amount of capital and then hold the stock for a very long period of time, reinvesting all the dividends they receive along the way. Big pharma businesses simply don't grow quickly enough to deliver investors the massive returns that are necessary to generate millions from a humble starting sum.
November was an interesting month for pharmaceutical companies in general. President-elect Trump officially announced that Robert F.
In the latest trading session, Pfizer (PFE) closed at $25.23, marking a -1.33% move from the previous day.
Pfizer's share price struggles despite a strong asset portfolio and $10 billion annual R&D investment, with significant Seagen acquisition integration ongoing. Q3 2024 results show 32% YoY revenue increase, driven by COVID-19 products and 14% growth excluding one-time impacts, with improved margins. Oncology revenue up 31% YoY, promising pipeline advancements, and strong vaccine portfolio, including potential Lyme disease vaccine and promising Cachexia treatment.
I upgrade Pfizer to "Strong Buy" due to its undervaluation, strong pipeline, and operational growth despite recent stock price declines. Pfizer's Q3 FY2024 earnings showed significant revenue and EPS growth, driven by COVID-19 therapies and oncology products, indicating robust strategic execution. The company's diversified portfolio, including successful vaccines and promising new drugs, positions it for long-term success and potential stock price re-rating.
Investors interested in stocks from the Large Cap Pharmaceuticals sector have probably already heard of Pfizer (PFE) and Novo Nordisk (NVO). But which of these two stocks offers value investors a better bang for their buck right now?
Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
Pfizer's fundamentals are improving, with solid Q3 earnings, upgraded 2024 guidance, and a strategic pivot towards the fast-growing oncology market. The stock is undervalued with a 32% upside potential based on a $33.39 intrinsic value per share, using the dividend discount model. Despite recent share price weakness, Pfizer offers a compelling forward dividend yield, supported by strong revenue growth and aggressive R&D spending.
Investors with a long-term horizon may consider buying PFE stock at its present attractive valuation.
Things aren't getting much better for Pfizer (PFE -1.29%). The company is still suffering from the significant drop in sales of its coronavirus products and the less-than-impressive financial results it has produced during the past two years.
Pfizer stock (NYSE: PFE) is down 7% in a month, amid rising concerns over the future of vaccines under Robert F. Kennedy Jr. in the new government, given the perception of him being a prominent anti-vaccine activist.
Goldman Sachs hosted a meeting with Pfizer Inc's PFE newly appointed Chief Scientific Officer Chris Boshoff (effective January 1, 2025).