Genmab A/S (GMAB)

NASDAQ: GMAB · IEX Real-Time Price · USD
28.33
-0.20 (-0.70%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-0.70%
Market Cap 18.52B
Revenue (ttm) 2.44B
Net Income (ttm) 644.74M
Shares Out 653.79M
EPS (ttm) 0.94
PE Ratio 30.35
Forward PE 26.04
Dividend n/a
Ex-Dividend Date n/a
Volume 242,410
Open 28.46
Previous Close 28.53
Day's Range 28.29 - 28.62
52-Week Range 26.32 - 42.72
Beta 0.78
Analysts Strong Buy
Price Target 45.20 (+59.55%)
Earnings Date May 8, 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 2022, Genmab's revenue was 14.51 billion, an increase of 72.33% compared to the previous year's 8.42 billion. Earnings were 5.45 billion, an increase of 84.38%.

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 59.55% from the latest price.

Price Target
$45.2
(59.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

2 days ago - GlobeNewsWire

Transactions in Connection with Share Buy-back Program Genmab

Company Announcement COPENHAGEN, Denmark; April 15, 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...

3 days ago - GlobeNewsWire

Transactions in Connection with Share Buy-back Program

Company Announcement COPENHAGEN, Denmark; April 8, 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 ...

10 days 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.

15 days 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.

15 days 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.

15 days 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...

16 days 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...

4 weeks 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...

4 weeks 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...

5 weeks 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...

5 weeks 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...

5 weeks 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...

5 weeks ago - GlobeNewsWire

Capital Increase in Genmab as a Result of Employee Warrant Exercise

Company Announcement COPENHAGEN, Denmark; February 27, 2024 – Genmab A/S (Nasdaq: GMAB) will increase its share capital by 48,429 shares as a consequence of the exercise of employee warrants. The incr...

7 weeks 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
7 weeks 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...

7 weeks 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...

2 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 ...

2 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, ...

2 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...

2 months ago - Business Wire

Grant of Restricted Stock Units and Warrants to Employees in Genmab

Company Announcement COPENHAGEN, Denmark; January 25, 2024 – Genmab A/S (Nasdaq: GMAB) announced today that the Board decided to grant 5,281 restricted stock units and 5,468 warrants to employees of t...

3 months ago - GlobeNewsWire

Genmab Announces Net Sales of DARZALEX® (daratumumab) for 2023

Company Announcement Net sales of DARZALEX® in 2023 totaled USD 9,744 million Genmab receives royalties on worldwide net sales from Janssen Biotech, Inc. (Janssen) COPENHAGEN, Denmark; January 23, 202...

3 months ago - GlobeNewsWire

Genmab Announces Decision in Arbitration Appeal under License Agreement with Janssen

Company Announcement COPENHAGEN, Denmark; January 23, 2024 – Genmab A/S (Nasdaq: GMAB) announced today that the appeal arbitrator in its second arbitration arising under its license agreement with Jan...

3 months ago - GlobeNewsWire

TIVDAK® Supplemental Biologics License Application Accepted for Priority Review by FDA for Patients with Recurrent or Metastatic Cervical Cancer

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

Other symbols: PFE
3 months ago - Business Wire

TIVDAK® (tisotumab vedotin-tftv) Supplemental Biologics License Application Accepted for Priority Review by U.S. Food and Drug Administration for Patients with Recurrent or Metastatic Cervical Cancer

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

Other symbols: PFE
3 months ago - Business Wire