Genmab A/S (GMAB)

NASDAQ: GMAB · IEX Real-Time Price · USD
30.22
+0.69 (2.34%)
At close: May 15, 2024, 4:00 PM
30.10
-0.12 (-0.40%)
After-hours: May 15, 2024, 7:21 PM EDT
2.34%
Market Cap 19.69B
Revenue (ttm) 2.57B
Net Income (ttm) 788.86M
Shares Out 651.42M
EPS (ttm) 1.21
PE Ratio 24.61
Forward PE 26.04
Dividend n/a
Ex-Dividend Date n/a
Volume 512,822
Open 29.84
Previous Close 29.53
Day's Range 29.73 - 30.41
52-Week Range 26.32 - 42.72
Beta 0.79
Analysts Strong Buy
Price Target 45.20 (+49.57%)
Earnings Date May 2, 2024

About GMAB

Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark. The company markets DARZALEX, a human monoclonal antibody for the treatment of patients with multiple myeloma (MM); teprotumumab for the treatment of thyroid eye disease; and Amivantamab for advanced or metastatic gastric or esophageal cancer and NSCLC. Its products include daratumumab to treat MM, non-MM blood cancers, and AL amyloidosis; GEN1047; tisotumab vedotin for treating cervical, ovarian, and solid cancers; DuoBody-PD-L1x4-1BB... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 1999
Employees 2,204
Stock Exchange NASDAQ
Ticker Symbol GMAB
Full Company Profile

Financial Performance

In 2023, Genmab's revenue was 16.47 billion, an increase of 13.57% compared to the previous year's 14.51 billion. Earnings were 4.35 billion, a decrease of -20.18%.

Financial numbers in DKK Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GMAB stock is "Strong Buy." The 12-month stock price forecast is $45.2, which is an increase of 49.57% from the latest price.

Price Target
$45.2
(49.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Genmab to Present New and Updated Results From Multiple Clinical Trials Evaluating Epcoritamab Across Various B-Cell Malignancies at the 2024 European Hematology Association (EHA) Congress

COPENHAGEN, Denmark--(BUSINESS WIRE)--Genmab A/S (Nasdaq: GMAB) announced today that multiple abstracts evaluating epcoritamab, a T-cell engaging bispecific antibody administered subcutaneously, will ...

1 day ago - Business Wire

Transactions in Connection with Share Buy-back Program

Company Announcement COPENHAGEN, Denmark; May 13, 2024 – Genmab A/S (Nasdaq: GMAB). On March 15, 2024, Genmab announced the initiation of a share buy-back program to repurchase up to DKK 3.5 billion w...

2 days ago - GlobeNewsWire

Capital Increase in Genmab as a Result of Employee Warrant Exercise

Company Announcement COPENHAGEN, Denmark; May 7, 2024 – Genmab A/S (Nasdaq: GMAB) will increase its share capital by 6,959 shares as a consequence of the exercise of employee warrants. The increase is...

8 days ago - GlobeNewsWire

Genmab Announces Financial Results for the First Quarter of 2024

May 2, 2024 Copenhagen, Denmark; Interim Report for the First Quarter Ended March 31, 2024 Highlights The U.S. Food and Drug Administration (U.S. FDA) granted Priority Review for the supplemental Biol...

13 days ago - GlobeNewsWire

Pfizer, Genmab get full FDA approval for cervical-cancer drug

Pfizer and Genmab on Monday said they had received full approval from U.S. regulators for their treatment for certain forms of cervical cancer.

Other symbols: PFE
16 days ago - Market Watch

TIVDAK® (tisotumab vedotin-tftv) Receives U.S. FDA Approval to Treat Recurrent or Metastatic Cervical Cancer

COPENHAGEN, Denmark--(BUSINESS WIRE)--Genmab A/S (Nasdaq: GMAB) and Pfizer Inc. (NYSE: PFE) announced today the U.S. Food and Drug Administration (FDA) has approved the supplemental Biologics License ...

Other symbols: PFE
16 days ago - Business Wire

FDA Grants Full Approval for TIVDAK® to Treat Recurrent or Metastatic Cervical Cancer

NEW YORK & COPENHAGEN, Denmark--(BUSINESS WIRE)--Pfizer Inc. (NYSE: PFE) and Genmab A/S (Nasdaq: GMAB) today announced the U.S. Food and Drug Administration (FDA) approves the supplemental Biologics L...

Other symbols: PFE
16 days ago - Business Wire

Transactions in Connection with Share Buy-back Program Genmab

Company Announcement COPENHAGEN, Denmark; April 29, 2024 – Genmab A/S (Nasdaq: GMAB). On March 15, 2024, Genmab announced the initiation of a share buy-back program to repurchase up to DKK 3.5 billion...

16 days ago - GlobeNewsWire

Genmab Announces Net Sales of DARZALEX® (daratumumab) for First Quarter of 2024

Company Announcement Net sales of DARZALEX® in the first quarter of 2024 totaled USD 2,692 million Genmab receives royalties on worldwide net sales from Janssen Biotech, Inc. (Janssen) COPENHAGEN, Den...

4 weeks ago - GlobeNewsWire

Biotech giant Genmab to acquire Seattle company ProfoundBio in $1.8B deal

ProfoundBio, a Seattle-based biotech firm developing drugs to treat ovarian and endometrial cancers, will be acquired by publicly traded Danish drugmaker Genmab in a $1.

6 weeks ago - GeekWire

Genmab Buys ProfoundBio for $1.8B to Boost Oncology Portfolio

Danish drugmaker Genmab A/S (GMAB) said Wednesday that it is buying privately held U.S. biotech firm ProfoundBio Inc. for $1.8 billion in cash as it expands its pipeline of cancer treatments.

6 weeks ago - Investopedia

Denmark's Genmab to acquire ProfoundBio for $1.8 billion

Danish biotech Genmab has agreed to buy U.S. cancer drug maker ProfoundBio for $1.8 billion, the two companies said on Wednesday.

6 weeks ago - Reuters

Genmab to Broaden and Strengthen Oncology Portfolio with Acquisition of ProfoundBio

COPENHAGEN, Denmark & SEATTLE--(BUSINESS WIRE)--Genmab A/S (Nasdaq: GMAB) and ProfoundBio, Inc. announced today that the companies have entered into a definitive agreement for Genmab to acquire Profou...

6 weeks ago - Business Wire

Completion of share buy-back program

Company Announcement COPENHAGEN, Denmark; March 18, 2024 – Genmab A/S (Nasdaq: GMAB) announces that its share buy-back program has been completed on March 15, 2024 On February 14, 2024, Genmab announc...

2 months ago - GlobeNewsWire

Genmab Announces Initiation of Share Buy-Back Program

Company Announcement Repurchase of up to DKK 3.5 billion worth of shares Completion expected no later than December 16, 2024 COPENHAGEN, Denmark; March 15, 2024 – Genmab A/S (Nasdaq: GMAB) announced t...

2 months ago - GlobeNewsWire

Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons

Company Announcement COPENHAGEN, Denmark; March 13, 2024 – Genmab A/S (Nasdaq: GMAB) - In accordance with Article 19 of Regulation No. 596/2014 on Market Abuse and Implementing Regulation 2016/523, th...

2 months ago - GlobeNewsWire

Constitution of the Board of Directors in Genmab A/S, Grant of Restricted Stock Units to Board Members and Employees and Grant of Warrants to Employees in Genmab

Company Announcement COPENHAGEN, Denmark; March 13, 2024 – Genmab A/S (Nasdaq: GMAB) Following Genmab A/S' Annual General Meeting held on March 13, 2024, the Company's Board of Directors met to consti...

2 months ago - GlobeNewsWire

Passing of Genmab A/S' Annual General Meeting

Company Announcement At Genmab A/S' Annual General Meeting held today March 13, 2024, the Annual Report for 2023 was approved Discharge was given to the Board of Directors and the Executive Management...

2 months ago - GlobeNewsWire

Transactions in connection with share buy-back program

Company Announcement COPENHAGEN, Denmark; March 11, 2024 – Genmab A/S (Nasdaq: GMAB). On February 14, 2024, Genmab announced the initiation of a share buy-back program to honor our commitments under o...

2 months ago - GlobeNewsWire

U.S. FDA Accepts for Priority Review the Supplemental Biologics License Application for Epcoritamab (EPKINLY®) for Difficult-to-Treat Relapsed or Refractory Follicular Lymphoma

COPENHAGEN, Denmark--(BUSINESS WIRE)--Genmab A/S (Nasdaq: GMAB) and AbbVie (NYSE: ABBV) today announced the U.S. Food and Drug Administration (FDA) granted Priority Review for the supplemental Biologi...

Other symbols: ABBV
2 months ago - Business Wire

Grant of Restricted Stock Units to Management and Employees and Grant of Warrants to Employees in Genmab

Company Announcement COPENHAGEN, Denmark; February 23, 2024 – Genmab A/S (Nasdaq: GMAB) announced today that the board decided to grant 418,646 restricted stock units to members of management and empl...

2 months ago - GlobeNewsWire

Notice to Convene the Annual General Meeting of Genmab A/S

Company Announcement Genmab A/S to hold Annual General Meeting on Wednesday March 13, 2024 COPENHAGEN, Denmark; February 15, 2024 – Genmab A/S (Nasdaq: GMAB) summons the Annual General Meeting on Wedn...

3 months ago - GlobeNewsWire

Genmab Files Annual Report with the U.S. Securities and Exchange Commission

Media Release COPENHAGEN, Denmark; February 14, 2024 Genmab filed Form 20-F for the financial year 2023 with the U.S. SEC Genmab A/S (Nasdaq: GMAB) announced today that it has filed its Annual Report ...

3 months ago - GlobeNewsWire

Genmab Publishes 2023 Annual Report

Company Announcement COPENHAGEN, Denmark; February 14, 2024 – Genmab A/S (Nasdaq: GMAB) announced today the publication of its Annual Report for 2023. Below is a summary of business progress in 2023, ...

3 months ago - GlobeNewsWire

Tisotumab Vedotin Marketing Authorization Application Validated by European Medicines Agency for Treatment of Recurrent or Metastatic Cervical Cancer

COPENHAGEN, Denmark--(BUSINESS WIRE)--Genmab A/S (Nasdaq: GMAB) and Pfizer, Inc. (NYSE PFE) today announced that the European Medicines Agency (EMA) has validated for review the marketing authorizatio...

3 months ago - Business Wire