Vertex Pharmaceuticals Incorporated (VRTX)

NASDAQ: VRTX · Real-Time Price · USD
397.27
+0.63 (0.16%)
At close: Dec 20, 2024, 4:00 PM
394.85
-2.42 (-0.61%)
After-hours: Dec 20, 2024, 7:38 PM EST
0.16%
Market Cap 102.31B
Revenue (ttm) 10.63B
Net Income (ttm) -479.80M
Shares Out 257.53M
EPS (ttm) -1.86
PE Ratio n/a
Forward PE 21.91
Dividend n/a
Ex-Dividend Date n/a
Volume 6,024,782
Open 395.72
Previous Close 396.64
Day's Range 386.66 - 401.20
52-Week Range 377.85 - 519.88
Beta 0.37
Analysts Buy
Price Target 513.68 (+29.3%)
Earnings Date Feb 3, 2025

About VRTX

Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF). It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age or older; SYMDEKO/SYMKEVI for people with CF for 6 years of age or older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 year or older who have CF with ivacaftor. The company’s pipeline includes VX-522, a CFTR mRNA therapeutic designed to treat the underl... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jul 24, 1991
Employees 5,400
Stock Exchange NASDAQ
Ticker Symbol VRTX
Full Company Profile

Financial Performance

In 2023, Vertex Pharmaceuticals's revenue was $9.87 billion, an increase of 10.51% compared to the previous year's $8.93 billion. Earnings were $3.62 billion, an increase of 8.96%.

Financial Statements

Analyst Forecast

According to 30 analysts, the average rating for VRTX stock is "Buy." The 12-month stock price forecast is $513.68, which is an increase of 29.30% from the latest price.

Price Target
$513.68
(29.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

US FDA approves Vertex Pharma's triple combo cystic fibrosis treatment

The U.S. Food and Drug Administration has approved Vertex Pharmaceuticals' next-generation treatment for a rare and progressive genetic disease, the company said on Friday, expanding its dominance in ...

17 hours ago - Reuters

Vertex Announces US FDA Approval of ALYFTREK™, a Once-Daily Next-in-Class CFTR Modulator for the Treatment of Cystic Fibrosis

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that the U.S. Food and Drug Administration (FDA) has approved ALYFTREK (vanzacaftor/tezacaftor/deutivacaftor...

18 hours ago - Business Wire

Vertex Announces U.S. FDA Approval for TRIKAFTA (elexacaftor/tezacaftor/ivacaftor and ivacaftor) to Include Additional Non-F508del TRIKAFTA-Responsive Variants

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced the U.S. Food and Drug Administration (FDA) has approved the expanded use of TRIKAFTA® (elexacaftor/tezacaft...

18 hours ago - Business Wire

Cramer's Mad Dash: Vertex Pharmaceuticals

CNBC's Jim Cramer delivers his daily Mad Dash.

23 hours ago - CNBC Television

Vertex Pharmaceuticals Inc. (VRTX) Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation

BOSTON, MA / ACCESSWIRE / December 20, 2024 / Block & Leviton is investigating Vertex Pharmaceuticals Inc. (Nasdaq:VRTX) for potential securities law violations. Investors who have lost money in their...

1 day ago - Accesswire

Stocks on the Move: Vertex Pharma, Shake Shack, Zoom, Lennar and Home Depot

The CNBC 'Halftime Report' Investment Committee weighs in on 'Stocks on the Move' and their picks.

Other symbols: HDLENSHAKZM
1 day ago - CNBC Television

Why Is Vertex Pharmaceuticals Stock Trading Lower On Thursday After Back Pain Trial Data?

On Thursday, Vertex Pharmaceuticals Incorporated  VRTX announced results from its Phase 2 study of suzetrigine for painful lumbosacral radiculopathy (LSR), a disorder that causes pain in the lower bac...

1 day ago - Benzinga

Vertex Pharmaceuticals Inc. (VRTX) Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm

Block & Leviton is investigating Vertex Pharmaceuticals (Nasdaq: VRTX) for potential securities fraud. Investors who lost money should contact the firm.

1 day ago - GlobeNewsWire

Vertex Pharmaceuticals Stock Dives After Mixed Drug Study Results

Vertex Pharmaceuticals (VRTX) shares sank Thursday morning after the company reported mixed results in a Phase 2 drug trial to treat lumbosacral radiculopathy (LSR), which causes leg and back pain.

1 day ago - Investopedia

Cramer's Stop Trading: Vertex Pharmaceuticals

CNBC's Jim Cramer explains why he is keeping an eye on shares of Vertex Pharmaceuticals.

1 day ago - CNBC Television

Vertex Announces Results From Phase 2 Study of Suzetrigine for the Treatment of Painful Lumbosacral Radiculopathy

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced results from its Phase 2 study of suzetrigine, an investigational, oral, highly selective NaV1.8 pain signal...

2 days ago - Business Wire

Vertex Pharmaceuticals: Progress Check Suggests Stock Remains A Solid Buy

I'm updating my recent “Buy” thesis on Vertex Pharmaceuticals Incorporated — spoiler alert, I am as bullish, if not more so, than I was back in September, despite a recent sell-off. Vertex's CF franch...

9 days ago - Seeking Alpha

Vertex Has $5 Billion-Plus Opportunity In Pain And Kidney Disease Programs, Analyst Upgrades Stock

Jefferies has upgraded Vertex Pharmaceuticals Inc. VRTX, citing the company's robust cystic fibrosis base business and the additional upside from the new LNP/ mRNA therapy (around $1 billion opportuni...

11 days ago - Benzinga

Vertex Presents Positive Long-Term Data On CASGEVY™ (exagamglogene autotemcel) at the American Society of Hematology (ASH) Annual Meeting and Exposition and Provides Program Update

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced longer-term data for CASGEVY™ (exagamglogene autotemcel) from global clinical trials in people with severe s...

12 days ago - Business Wire

Undercovered Dozen: Arqit Quantum, CleanSpark, Sezzle, STAG Industrial +

The 'Undercovered' Dozen highlights 12 lesser-covered stocks, showcasing diverse investment opportunities and sparking community discussion on their potential. Xinyu Ru sees Argan, Inc. as undervalued...

21 days ago - Seeking Alpha

Vertex Pharma: Why I Am Buying This Dip

Vertex Pharmaceuticals reported strong Q3 earnings, yet the stock has pulled back, presenting a buying opportunity. The company's robust pipeline, particularly Suzetrigine for acute pain and CASGEVY g...

25 days ago - Seeking Alpha

Buy Signal Flashing For Struggling Biotech

Biotech Vertex Pharmaceuticals (VRTX) has been struggling on the charts over the past few weeks, putting a dent in its now 10% year-to-date gain. The stock's 5.6% post-earnings pop earlier this month ...

4 weeks ago - Forbes

Vertex Pharmaceuticals Incorporated (VRTX) Presents at Stifel 2024 Healthcare Conference (Transcript)

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Stifel 2024 Healthcare Conference November 19, 2024 8:00 AM ET Company Participants Stuart Arbuckle - EVP, COO Conference Call Participants Paul Matt...

4 weeks ago - Seeking Alpha

Vertex Pharmaceuticals Incorporated (VRTX) Guggenheim Inaugural Healthcare Innovation Conference (Transcript)

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Guggenheim Inaugural Healthcare Innovation Conference November 12, 2024 9:00 AM ET Company Participants Reshma Kewalramani - President and CEO Confer...

5 weeks ago - Seeking Alpha

Vertex Pharmaceuticals: Strong Execution Continued In Q3 But The Valuation Reflects It

Vertex reported strong Q3 results driven by the growth of the cystic fibrosis franchise and raised the full-year revenue guidance range by $100 million at the mid-point. Casgevy finally generated comm...

6 weeks ago - Seeking Alpha

Vertex Pharmaceuticals Incorporated (VRTX) Q3 2024 Earnings Call Transcript

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Susie Lisa - Senior Vice President, Investor Relations Dr. Reshma K...

6 weeks ago - Seeking Alpha

Vertex Pharma lifts annual revenue forecast on cystic fibrosis treatments strength

Vertex Pharmaceuticals raised its annual revenue forecast on Monday after it beat third-quarter estimates on demand for its cystic fibrosis (CF) treatments.

6 weeks ago - Reuters

Vertex Reports Third Quarter 2024 Financial Results

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the third quarter ended September 30, 2024, and raised its full-year produ...

6 weeks ago - Business Wire

Vertex to Participate in Upcoming November Investor Conferences

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced management participation in two upcoming investor conferences. Dr. Reshma Kewalramani, Chief Executive Offic...

7 weeks ago - Business Wire

Vertex Provides Updates on Multiple Kidney Programs at the American Society of Nephrology (ASN) Annual Kidney Week Congress

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today provided updates on multiple kidney diseases in its pipeline including IgA nephropathy (IgAN), primary membranous neph...

2 months ago - Business Wire