Pfizer Inc.'s non-COVID operational revenue grew 9% in Q4, successfully offsetting the ongoing decline in pandemic-related sales and signaling a structural shift toward long-term growth. The Seagen integration has doubled Pfizer's oncology pipeline to 60 programs, with the division on track to hit a $10 billion revenue target by 2030. PFE management anticipates a "steep hockey stick" launch for its obesity portfolio by 2028, targeting a significant share of the projected $200 billion GLP-1 market.
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 said on Tuesday its experimental combination reduced the risk of disease progression or death by 40% in patients with breast cancer.
Ameriprise Financial Inc. grew its stake in Pfizer Inc. (NYSE: PFE) by 48.2% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,373,140 shares of the biopharmaceutical company's stock after acquiring an additional 5,978,927 shares during the quarter. Ameriprise Financial Inc. owned
44 Wealth Management LLC bought a new position in Pfizer Inc. (NYSE: PFE) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 24,551 shares of the biopharmaceutical company's stock, valued at approximately $626,000. A number of other institutional investors and
Game Creek Capital LP cut its holdings in Pfizer Inc. (NYSE: PFE) by 23.9% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 127,500 shares of the biopharmaceutical company's stock after selling 40,125 shares during the period. Pfizer accounts for 1.1%
Pfizer Inc. (PFE) is undervalued at 8–9× forward earnings, offering a nearly 7% dividend yield and significant upside potential. Recent acquisitions, especially Seagen, position PFE for robust growth, with Seagen's revenue projected to exceed $10 billion by 2030. Cost-cutting initiatives and a strong core portfolio support dividend sustainability and margin improvement despite post-COVID revenue declines.
Pfizer has been hurt in recent years after the COVID-19 pandemic and recent drug pricing pressure. The stock now trades at a dividend yield of 6.5%.
Pfizer (PFE) closed the most recent trading day at $26.86, moving 1.61% from the previous trading session.
U.S. drugmaker Pfizer said on Monday its experimental drug for a chronic skin disease met the main goal in a mid-stage study.
Pfizer (PFE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
China has approved Pfizer's GLP-1 treatment Xianweiying for long-term weight management in overweight or obese adults, the US drugmaker said on WeChat on Friday, boosting competition in a market analysts expect to be worth billions in coming years.