These Analysts Revise Their Forecasts On Regeneron Pharmaceuticals After Q4 Results

benzinga_article
2026.02.02 17:13
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Regeneron Pharmaceuticals Inc. reported strong Q4 earnings with adjusted earnings of $11.44 per share, surpassing expectations. Sales reached $3.88 billion, also above consensus. The company forecasts a GAAP gross margin of 79%-80% for fiscal 2026 and adjusted R&D expenses of $5.9-$6.1 billion. Following the earnings report, analysts revised their price targets: Truist lowered to $818, Cantor raised to $800, Wells Fargo to $800, and Morgan Stanley to $769. Regeneron shares rose 2.1% to $756.63.