Genmab A/S (GMAB) Q2 2026 Earnings Call Transcript
Genmab A/S NASDAQ: GMAB reported first-half 2026 revenue growth of 25% year over year and raised its full-year financial outlook, citing continued momentum from DARZALEX, EPKINLY and the broader portfolio. The company also outlined upcoming late-stage trial readouts and announced two new Phase III studies of petosemtamab in colorectal cancer.
Genmab's buy rating with a $36 12-month target implies roughly 25% upside from the $28.74 reference price. DARZALEX H1 sales reached $8.17B, already exceeding half of Genmab's $16.0B full-year assumption. Holding Q2 sales flat through H2 would produce $16.59B, above the $16.4B high end of guidance.
| Biotechnology Industry | Healthcare Sector | Jan van de Winkel CEO | XFRA Exchange | 372303206 CUSIP |
| DK Country | 3,119 Employees | - Last Dividend | 1 May 2018 Last Split | - IPO Date |
Genmab A/S is a pioneering biotechnology company based in Copenhagen, Denmark, specializing in the development of antibody therapeutics for the treatment of cancer and other serious diseases. Founded in 1999, Genmab has grown to become a leader in the field, leveraging its expertise to market innovative treatments worldwide. The company's therapeutic products focus on employing human monoclonal antibodies to target and combat diseases, with a strong emphasis on hematological malignancies and solid tumors. Genmab's strategic collaborations with industry leaders like Seagen Inc., argenx, AbbVie, BioNTech, Janssen, and Novo Nordisk A/S play a pivotal role in expanding its portfolio and enhancing therapeutic development.