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Pfizer Oncology Advances Raise New Questions For Valuation And Momentum
Simply Wall St.102d agoneutral
Pfizer Oncology Advances Raise New Questions For Valuation And Momentum

FDA approves VEPPANU (vepdegestrant), the first PROTAC protein degrader therapy, for ER+/HER2-, ESR1-mutated advanced breast cancer. Pfizer and Arvinas co developed VEPPANU, targeting patients who face significant challenges with endocrine resistance. Phase 3 results for ELREXFIO in relapsed or refractory multiple myeloma report positive outcomes, strengthening Pfizer's oncology pipeline. For investors following NYSE:PFE, these oncology milestones arrive with the stock trading around $26.3...

Pfizer CEO Says Digging Out of Post-Covid Hole Will Take a Few More Years
The Wall Street Journal102d agoneutral
Pfizer CEO Says Digging Out of Post-Covid Hole Will Take a Few More Years

Pfizer Chief Executive Albert Bourla is battling impending expirations for some blockbuster-drug patents and the precipitous decline of the company's Covid franchise, but he has put a date on when the company will return to consistent growth: 2029. Bourla said Tuesday he expects Pfizer will post high-single-digit average revenue growth annually from 2029 through 2033. “Products are losing patents, and we have a clear line of sight on growth starting in '29,” Bourla said in an interview after the company reported better-than-expected first-quarter results.

Pfizer pins post 2028 return to growth on new obesity and cancer drugs
Reuters102d agoneutral
Pfizer pins post 2028 return to growth on new obesity and cancer drugs

May 5 (Reuters) - Pfizer said on Tuesday that it expects to return to stronger growth after 2028, driven by obesity drugs in development, a patent extension for its heart drug Vyndamax and a favorable European court ruling ‌on its COVID-19 vaccine. The New York-based drugmaker also beat Wall Street expectations for first-quarter revenue and profit, buoyed by strong demand for its ‌blood thinner Eliquis and recently acquired products, as it faces looming patent expirations and fading COVID produ

Pfizer beats Q1 revenue and profit estimates, reaffirms 2026 guidance
Proactive102d agobullish
Pfizer beats Q1 revenue and profit estimates, reaffirms 2026 guidance

Pfizer Inc (NYSE:PFE, XETRA:PFE) reported first-quarter 2026 revenue and adjusted profit above Wall Street expectations on Tuesday, driven by strong growth in its launched and acquired products, as the drugmaker reaffirmed its full-year financial outlook. The pharmaceutical giant posted...

BioNTech Q1 Earnings Call Highlights
MarketBeat102d agoneutral
BioNTech Q1 Earnings Call Highlights

BioNTech (NASDAQ:BNTX) executives used the company’s first-quarter 2026 earnings call to highlight a strategy centered on combination oncology therapies, provide updates on late-stage clinical programs, and outline capital allocation plans that include a $1 billion ADS share repurchase program and m

Alphabet, Intel, Micron Lead Nasdaq Higher as Oil Drops on Paused Mideast Tensions
24/7 Wall St.102d agobearish
Alphabet, Intel, Micron Lead Nasdaq Higher as Oil Drops on Paused Mideast Tensions

The Nasdaq Composite (^IXIC) opened higher Tuesday, with the tech-heavy benchmark riding a familiar trio of tailwinds: a fresh wave of strong earnings, a sharp pullback in crude oil, and a pause in Middle East escalation. Risk appetite is back, and the Nasdaq Composite (^IXIC) is riding the bullish wave. Google parent company Alphabet (Nasdaq: GOOGL), ... Alphabet, Intel, Micron Lead Nasdaq Higher as Oil Drops on Paused Mideast Tensions

S&P 500 Rises on Big Tech Bump, Corporate Profits and Oil Price Relief
24/7 Wall St.103d agoneutral
S&P 500 Rises on Big Tech Bump, Corporate Profits and Oil Price Relief

The S&P 500 (^GSPC) heads into Tuesday with momentum after a powerful rebound last month in which the broader markets advanced 9%. A pullback in crude oil and first-quarter earnings beats are driving today’s gains as the markets embrace a reprieve in the Mideast escalation. The S&P 500 (^GSPC) is capturing those tailwinds for gains ... S&P 500 Rises on Big Tech Bump, Corporate Profits and Oil Price Relief

Pfizer (NYSE:PFE) Posts Better-Than-Expected Sales In Q1 CY2026
StockStory103d agoneutral
Pfizer (NYSE:PFE) Posts Better-Than-Expected Sales In Q1 CY2026

Global pharmaceutical company Pfizer (NYSE:PFE) announced better-than-expected revenue in Q1 CY2026, with sales up 5.4% year on year to $14.45 billion. On the other hand, the company’s full-year revenue guidance of $61 billion at the midpoint came in 0.6% below analysts’ estimates. Its non-GAAP profit of $0.75 per share was 3.9% above analysts’ consensus estimates.

Pfizer Stock Edges Higher as Earnings and Revenue Beat Estimates
Barrons.com103d agobullish
Pfizer Stock Edges Higher as Earnings and Revenue Beat Estimates

Pfizer shares rose slightly in premarket trading after the company delivered a first-quarter earnings beat and reaffirmed its full-year outlook. The drugmaker posted adjusted earnings of 75 cents a share, ahead of the 72 cents Wall Street had forecast. Pfizer reaffirmed its full-year guidance, which it initially provided in December.