Stock Insights

AbbVie's $10.9B Apogee deal adds zumilokibart and APG273 to its immunology pipeline, with accretion expected to begin in 2032 and 2026 EPS guidance reaffirmed.

Moderna completed a $3B zero-coupon convertible note offering due 2032, with initial purchasers exercising the full $400M overallotment option on September 1.

MDT beat adjusted EPS by $0.05 and delivered $9.76B in Q1 revenue, then raised its FY27 organic growth and EPS outlook — here's what drove it.

Abbott is paying $670M to resolve roughly 2,000 NEC-related claims tied to its specialty preterm infant formulas, bypassing the appeals process.

Gossamer Bio structured a $250M private placement with $25M upfront and $125M contingent on FDA acceptance of its seralutinib NDA for pulmonary arterial hypertension.

Drew Asher steps down December 31, 2026 after guiding Centene from $126B to $195B in revenue. His successor joins from Lincoln Financial in September.

KPTI posted a GAAP EPS loss of $2.32 vs. the $1.30 consensus estimate, and cash runs out in September without new financing.

ALT beat Q2 EPS by $0.02, but the real story is $519M in cash and three concurrent pemvidutide trials now in motion across MASH, AUD, and ALD.

Deutsche Bank, BofA, TD Cowen, and Morgan Stanley all raised HIMS targets Tuesday, citing 38% revenue growth and an upgraded full-year outlook.

Immunic posted Q2 EPS of $(0.80), beating the $(1.10) consensus by 27.27%, while appointing a veteran biopharma CFO to its board ahead of a Phase 3 MS readout.

Auvelity drove 51% sales growth, but a 59.7% spike in SG&A expenses pushed AXSM's Q2 EPS to -$0.99, missing the -$0.86 consensus.

Attruby drove a 120.4% revenue jump at BridgeBio, but a $-0.78 EPS miss vs. the $-0.60 estimate shows the cost of funding three imminent drug launches.

Cardinal Health beat Q4 adjusted EPS by 19.1% and issued FY2027 guidance of $12.40-$12.60, projecting 13%-15% non-GAAP EPS growth above its long-term target.

ABCL635 cut hot flash frequency by 83% vs 33% for placebo at week 4, with a single subcutaneous dose meeting both primary Phase 2 endpoints.

Q2 revenue hit $753M, up 38% YoY, but gross margin fell 12 points to 64% as a net loss of $86.3M replaced last year's $42.5M profit.

Adjusted EPS of $0.91 crushed the $0.63 estimate, yet GAAP net income fell 2.2% as SG&A and G&A each jumped 30% YoY.

IDXX posted EPS of $4.27 vs. a $4.02 estimate on $1.217B in revenue, and lifted its 2026 EPS guidance midpoint to $14.82 from $14.68.

Mounjaro revenue surged 91% to $9.9B and Zepbound added $4.9B as Lilly lifted full-year revenue guidance to as much as $87B for 2026.

Amgen's Q2 revenue rose 10% to $10.1B, with 22 products delivering double-digit growth and full-year guidance lifted to $38.8B at the midpoint.

Adjusted EPS of $0.77 beat the $0.69 estimate by 11.4%, but $4.3B in non-cash impairments drove a GAAP loss of $0.04 per share. Full-year revenue guidance raised to $60.5B-$62.5B.

Danaher's board tapped its Diagnostics chief to lead the company, replacing Rainer Blair who retires Oct. 1 after guiding a major portfolio transformation.

Vertex posted $3.33B in Q2 revenue, up 12% YoY, but flat non-GAAP net income indicates rising costs from JOURNAVX launch and renal expansion.

Record Q3 revenue of $118.4M grew 23% YoY, but SG&A jumped 27.3% and net loss widened to $35.1M , here's what that means for TWST.

AbbVie posted $16.99B in Q2 revenue, up 10.2%, but a $0.14/share Apogee dilution nudged full-year EPS guidance down to $13.87-$14.07.

ADPT posted Q2 EPS of -$0.10 vs. -$0.14 consensus, with MRD revenue up 33% YoY. Full-year MRD guidance raised to $268M-$278M.

BSX posted adjusted EPS of $0.86 vs. the $0.84 consensus and $5.44B in revenue, up 7.5% YoY, while lifting its full-year adjusted EPS outlook to $3.28-$3.32.

Ensign Group lifted full-year EPS guidance to $7.75-$7.85 after Q2 GAAP EPS of $1.68 and revenue of $1.44B, up 17.3% year over year.

Adjusted EPS of $3.12 beat the $2.85 consensus by 9.5%, but margin compression is the number investors should watch closely.

DHR adjusted EPS of $1.94 beat the $1.85 estimate by 4.7%, but bioprocessing timing and a -10.99% share move signal investor caution despite raised full-year guidance.

A 58% gross margin and 2.3% EPS beat sent Abbott shares up nearly 12%, as management raised its full-year profit outlook on accelerating device sales.

A medical cost ratio drop to 86.7% drove UnitedHealth's 56% EPS beat and a 7% stock rally, as management raised full-year guidance across the board.

J&J posted $25.3B in Q2 revenue, up 6.6%, yet net income was essentially flat as SG&A surged 9.2% and the tax provision jumped 27.1%.

Barclays moved HCA to Equal Weight from Overweight on July 8, slashing its target to $427 from $496 amid policy risk and a trimmed full-year profit forecast.

Adjusted EPS of $7.45 beat the $6.27 consensus by 18.9%, yet collapsing Health Benefits margins sent ELV shares down sharply on Wednesday.

WST just renewed its technology crosslicense and exclusive distribution deal with Daikyo Seiko, extending a partnership that covers pharma packaging know-how across all markets outside Japan.

Moderna added Michael McDonnell, former Biogen CFO with 35+ years of financial leadership, to its board. Shares fell -10.83% Friday while the S&P 500 gained 0.43%.

The FDA expanded CASGEVY's label to patients ages 2 and older with sickle cell disease or beta thalassemia, marking the first gene therapy cleared for young children with SCD.

West Pharmaceutical closed the sale of SmartDose 3.5mL on-body delivery system rights on July 1, shedding a manufacturing unit in a planned divestiture.

A $400M uncommitted facility from JPMorgan gives Hims & Hers new financial flexibility as it scales healthcare and pharmacy operations.

Zimmer Biomet is paying $140M to acquire the iovera° device from Pacira, with milestone payments stretching through December 2031.

ZORYVE cream 0.3% becomes the first once-daily, non-steroidal therapy cleared for plaque psoriasis in children as young as 2, expanding Arcutis' label.

B of A cut AMPH to Underperform and trimmed its price target from $25 to $20: the reasoning behind the call matters for holders.

Biogen just bought RayThera for up to $1B and secured an FDA Breakthrough Therapy designation for Salanersen, stacking two immunology pipeline wins in one session.

Barclays lifted its HIMS target from $29 to $39, citing GLP-1 momentum and a July FDA peptide ruling that analysts say could be the next major catalyst.

Jazz Pharmaceuticals is paying AbCellera $56M upfront, with up to $792M more per program, to co-develop next-gen cancer-fighting antibodies.

Phase 3 data for Intellia's lonvo-z showed an 87% cut in HAE attacks, reinforcing the regulatory outlook for its one-time CRISPR gene editing therapy.

Gossamer Bio swapped $181M of 2027 convertible notes into new secured debt and equity, leaving $18.95M of old notes outstanding and issuing 317.6M shares.

Final Phase 3 CLL14 trial results on a fixed-duration venetoclax combo were presented in Stockholm, adding clinical depth to AbbVie's hematology franchise.

FDA releases positive briefing documents ahead of a June 18 VRBPAC meeting on Moderna's mFlusiva, as the company also plans three vaccine launches over two years.

Canaccord Genuity sets a $90 price target on TWST, implying double-digit upside from current levels as analyst Kyle Mikson opens coverage with a Buy rating.

Lilly plans to pull 340B discounted drug pricing from hospitals that missed claims data reporting deadlines, a compliance push with real revenue implications.

FDA clears an every-eight-weeks maintenance dose for Lilly's Ebglyss, adding dosing flexibility to a drug already holding broad national pharmacy benefit manager coverage.

Eli Lilly's obesity and diabetes candidate retatrutide showed significant weight loss and improved sleep apnea in Phase 3 data presented at ADA — what the results mean for LLY's GLP-1 pipeline.

Eli Lilly secured full obesity portfolio coverage from all three major U.S. PBMs and added Sesame and WW Med+ to LillyDirect — here's what it means for LLY.

UNH lifted its quarterly dividend to $2.32/share and earned a BofA upgrade to Buy — here's what both moves mean for UNH investors.

CVS Health's new tie-up with LillyDirect adds WeightWatchers' Med+ program to Lilly's platform — here's what it means for LLY's weight-loss market position.

Eli Lilly's non-metabolic portfolio grew 160% as management argues LLY is a multi-franchise pharma leader — here's what investors need to know.

Split analyst calls on MDT: BTIG upgrades to Buy with a $90 target while UBS trims its target to $85 — here's what it means for MDT investors.

Medtronic submitted 510(k) applications covering general surgery indications for its Hugo RAS system — here's what the FDA filing means for MDT investors.

$1.9B partnership with Ascidian brings gene-editing tech into Eli Lilly's pipeline. The deal signals pharma's growing bet on genetic therapies—here's what it means for LLY.

Medtronic beat Q4 FY2026 EPS and revenue estimates, with executives calling it the strongest top-line quarter in 10 years — here's what it means for MDT investors.

FDA approves AbbVie's pivekimab sunirine for blastic plasmacytoid dendritic cell neoplasm—a rare aggressive blood cancer with no standard therapy options.

CVS Caremark adds LLY's Zepbound and Foundayo to formulary, expanding access to millions of Americans—what it means for obesity drug sales.

Analysts revised LLY's fair value estimate to $1,211.03/share amid retatrutide Phase 3 data — here's what the evolving GLP-1 narrative means for investors.

Eli Lilly is spending $3.8B to acquire three vaccine developers — LimmaTech, Curevo, and a third — in a major pipeline expansion. What it means for LLY's growth outlook.

European Committee for Medicinal Products recommends approval of MAVIRET (glecaprevir/pibrentasvir) for acute hepatitis C infection treatment.

Eli Lilly announces Phase III trial results for oral GLP-1 treatment Foundayo, showing significant weight-loss benefits in elderly populations, expanding the company's weight-loss drug pipeline.

Eli Lilly acquires Engage Biologics for up to $202 million and reports Phase 3 obesity drug data showing 'meaningful' weight loss. Stock rose 1.31%.

Boston Scientific's coronary lithotripsy catheter met primary safety and effectiveness endpoints in pivotal FRACTURE IDE trial, clearing a key regulatory hurdle.

Activist investor Elliott sees significant hidden value in Bio-Rad Laboratories, citing operational and strategic potential that markets may be underpricing.

Boston Scientific commits $1.5 billion investment in MiRus, a transcatheter heart valve maker, expanding its interventional cardiology portfolio.

Telehealth company plans convertible senior notes offering to fund international growth and accelerate AI-driven platform capabilities.

Biotech firm launches debt exchange offer to eliminate over $120 million in liabilities as part of restructuring plan.

Biogen progresses Phase 2 tau study targeting multiple Alzheimer's pathologies, highlighted by ADDF at research conference.

Karyopharm beat Q1 2026 revenue estimates, completed enrollment in its Phase 3 endometrial cancer trial, and landed a late-breaking ASCO oral presentation slot.

A roundup of today's most significant stock moves and news across the market.

Immunic posted a Q1 2026 net loss of $32.6M as it continues funding its Phase 3 ENSURE trials. A new CMO appointment and strong analyst backing underpin the outlook.

STERIS stock surged on Tuesday, May 12, even after reporting Q4 results that fell short of consensus expectations.

Hims & Hers shares plummeted Tuesday after the telehealth provider reported a quarterly net loss and underwhelming earnings outlook.

STERIS beat EPS estimates in fiscal Q4 but shares declined 2.70% as investors weighed the results on Monday.

Hims & Hers Health gained on Monday amid strategic moves into AI-driven care and GLP-1 medications. Analysts remain broadly constructive despite a wide 52-week range.

Animal health leader craters as weak pet spending and demand deterioration force full-year outlook cut.

Gilead tops Q1 revenue estimates but stock falls as acquisition costs and revised loss guidance cloud the outlook.

Guardant Health crushes Q1 estimates and hikes full-year guidance as cancer screening revenue soars on FDA wins.

ENOV jumps nearly 10% on Q1 earnings beat and reaffirmed guidance, bouncing back from prior weakness.

DNA rises 2.4% after Q1 results and strategic divestiture, but company remains unprofitable with negative operating margins.

CytomX's Q1 revenue more than doubled consensus, though per-share loss exceeded guidance in preliminary results.

BridgeBio's Q1 revenue surge powered by Attruby sales beat estimates, though EPS missed—stock authorizes $500M buyback.

AMPH reported Q1 adjusted EPS of $0.42 vs. $0.72 expected. Net revenues came in at $171.2M as the stock fell ~10% after hours.

Consumer health stock rises 1.8% on earnings beat driven by margin growth, with pending Kimberly-Clark deal providing new catalyst.

Biotech stock slides 1.7% as Q1 revenue disappointed, though operating losses contracted as R&D spending moderated.

Gilead gained 2.11% as California's highest court signaled support for drugmakers' innovation rights in a closely-watched patent case.

Enovis posted $589M in Q1 sales and $0.89 adjusted EPS, topping estimates. Reconstructive segment led growth as the company reiterated its full-year outlook.

CRL posted Q1 EPS of $2.06 and revenue of $995.8M, topping Wall Street estimates. Full-year guidance was reaffirmed amid ongoing portfolio reshaping.

CVS Health surged 7.65% on Q1 earnings beat and full-year guidance raise, as the healthcare conglomerate demonstrates margin expansion and operational momentum.

Cencora missed Q2 estimates but raised annual guidance, yet stock fell 17.38% as investors fret over near-term margin pressure in healthcare distribution.

Arcutis Biotherapeutics posted strong ZORYVE revenue growth of 65% YoY in Q1 2026, though EPS of $(0.09) fell short of the $(0.06) consensus.

ADMA Biologics reported flat Q1 2026 revenue of $114.5M but delivered net income of $45.3M, while the FDA approved a pediatric label expansion for ASCENIV.

Biotech Geron shares rose 5% following first-quarter results and plans to present at investor conferences, signaling catalysts ahead.

Gene-editing biotech Editas beat EPS expectations but missed revenue targets, reflecting slower-than-expected commercial progress.

CVS Health delivered Q1 EPS above estimates and lifted 2026 guidance, driving shares higher despite broader market pressure.

Cencora posted Q2 FY2026 revenue of $78.4B, missing estimates, but raised its annual profit outlook on steady specialty medicine demand.

DVA gained 1.92% on Q1 beat and raised full-year guidance; dialysis demand remains resilient.

ADPT reported a Q1 2026 net loss of $20M, or $0.13 per share, as shares fell 4.97%. Revenue growth of 51% YoY underscores the company's commercial momentum.

Pet diagnostics leader IDEXX beat Q1 expectations and lifted full-year forecasts, signaling robust demand in veterinary care.

Dental distributor Henry Schein exceeded Q1 revenue expectations but reaffirmed annual guidance, suggesting base-case execution.

Stock plummets 7% after Q2 revenue beat offset by widening operating losses and negative per-share earnings.

AXSM surged 8.31% to $223.70, clearing its prior 52-week high, after Q1 2026 revenue of $191.2M topped estimates. Launch costs remain a near-term drag on profitability.

A roundup of today's most significant stock moves and news across the market.

AXSM posted Q1 2026 revenue of $191.2M, up sharply year-over-year, but reported a net loss of $64.5M as commercial launch spending weighed on margins.

Shares jump 3% as stable pricing supports results while oral obesity medication gains early traction with physicians.

MRNA stock falls 1.24% as Q1 results show massive revenue decline and negative margins across the board.

MRNA edged up 0.48% after beating Q1 revenue expectations as international sales and renewed COVID vaccine demand offset domestic weakness.

DexCom delivered higher-than-expected Q1 EPS but disappointed on revenue and reaffirmed full-year guidance, triggering after-hours selling.

Cigna edged up slightly despite a 0.60% decline as Q1 earnings beat consensus on strong Evernorth performance, with management raising full-year profit guidance.

Cardinal Health shares dropped 4.9% after Q3 earnings beat on EPS, but revenue underperformed and forward guidance concerns weigh.

BIO rose to $280.12 following Q1 2026 results, with the in vitro diagnostics specialist posting solid profitability metrics.

BBIO rose 0.24% with three analysts raising or maintaining Buy ratings and price targets ranging from $100 to $106.

CytomX slipped 1.70% ahead of May 7 earnings announcement; biotech faces revenue collapse and mounting losses.

Cigna surged 2.60% after Q1 EPS beat and full-year guidance hike, driven by robust Evernorth healthcare services performance.

Stock gains on third-quarter earnings beat and raised full-year guidance, reversing earlier sales weakness.

Shares dip 1.15% despite EPS beat and revenue growth driven by key pipeline assets, with full-year outlook maintained.

Shares gain as three major analysts maintain buy ratings and raise price targets, citing Attruby's commercial promise.

Amgen shares slipped 0.46% as the FDA proposed withdrawing Tavneos approval. Q1 results are due imminently, with analyst consensus tilting toward Buy.

Biogen jumped 6% after delivering a strong Q1 with broad-based product sales growth, led by Alzheimer's disease franchises.

ALGN delivered a 12.8% EPS surprise in Q1 2026, with revenue up 6.2% YoY to $1.04B. Shares climbed over 5% in after-hours trading.

AbbVie lifted its 2026 EPS guidance to $14.28 after Q1 EPS of $2.65 and $15B in revenue topped estimates, driven by Skyrizi and Rinvoq strength.

A roundup of today's most significant stock moves and news across the market.

Biogen shares rose 1.50% after beating Q1 revenue estimates, but management slashed full-year adjusted EPS guidance to $14.25–$15.25, signaling caution ahead.

AbbVie topped Q1 2026 EPS estimates and lifted its full-year profit outlook, driven by immunology and neuroscience portfolio growth.

Centene stock jumps 13.95% following Q1 results driven by strong revenue growth and positive Medicaid trends.