Vertex Pharmaceuticals Incorporated (VRTX)

NASDAQ: VRTX · Real-Time Price · USD
427.89
+5.89 (1.40%)
Jan 21, 2025, 4:00 PM EST - Market closed
1.40%
Market Cap 110.19B
Revenue (ttm) 10.63B
Net Income (ttm) -479.80M
Shares Out 257.53M
EPS (ttm) -1.86
PE Ratio n/a
Forward PE 24.37
Dividend n/a
Ex-Dividend Date n/a
Volume 1,492,395
Open 427.94
Previous Close 422.00
Day's Range 424.07 - 430.53
52-Week Range 377.85 - 519.88
Beta 0.40
Analysts Buy
Price Target 503.92 (+17.77%)
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 $503.92, which is an increase of 17.77% from the latest price.

Price Target
$503.92
(17.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vertex Pharmaceuticals Sets Sight on Expanding Portfolio with Alyftrek Approval, Pain Treatment Progress, and Diabetes Trials

On Sunday, Vertex Pharmaceuticals Incorporated VRTX announced multiple program updates, including:

7 days ago - Benzinga

Vertex Pharmaceuticals Incorporated (VRTX) CEO Reshma Kewalramani Hosts 43rd Annual J.P. Morgan Healthcare Conference (Transcript)

Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) 43rd Annual J.P. Morgan Healthcare Conference January 13, 2025 10:30 AM ET Company Participants Dr. Reshma Kewalramani - President and CEO Charlie Wa...

8 days ago - Seeking Alpha

Vertex Provides Pipeline and Business Updates in Advance of Upcoming Investor Meetings

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced multiple program updates ahead of upcoming investor meetings in January, including the company's scheduled w...

9 days ago - Business Wire

Vertex and Zai Lab Announce Strategic Agreement to Develop and Commercialize Povetacicept in Mainland China, Hong Kong SAR, Macau SAR, Taiwan Region and Singapore

BOSTON & SHANGHAI & CAMBRIDGE, Mass.--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) and Zai Lab Limited (Nasdaq: ZLAB; HKEX: 9688) today announced an exclusive collaboration and ...

Other symbols: ZLAB
11 days ago - Business Wire

Zai Lab and Vertex Announce Strategic Agreement to Develop and Commercialize Povetacicept in Mainland China, Hong Kong SAR, Macau SAR, Taiwan region and Singapore

SHANGHAI & CAMBRIDGE, Mass. & BOSTON--(BUSINESS WIRE)--Zai Lab Limited (Nasdaq: ZLAB; HKEX: 9688) and Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced an exclusive collaboration and ...

Other symbols: ZLAB
11 days ago - Business Wire

Vertex Grapples With Bearish Chart As Death Cross Emerges

Vertex Pharmaceuticals Inc VRTX is grappling with bearish technical signals as its stock forms a dreaded Death Cross.

14 days ago - Benzinga

Orna Therapeutics Establishes Strategic Collaboration with Vertex Pharmaceuticals to Develop Next Generation Approaches for Sickle Cell Disease (SCD) and Transfusion-Dependent Beta Thalassemia (TDT)

-- Collaboration to leverage Orna's differentiated lipid nanoparticle (LNP) delivery solutions for patients with SCD and TDT -- -- Orna to receive an upfront payment and is eligible to receive potenti...

14 days ago - PRNewsWire

Vertex Pharmaceuticals: Jim Cramer Fires A Warning Shot But I Remain Invested

Vertex Pharmaceuticals' suzetrigine showed lackluster Phase II results, but I still see potential in the non-addictive pain management market given the opioid crisis. Vertex's dominance in the cystic ...

21 days ago - Seeking Alpha

Vertex to Present at the 43rd Annual J.P. Morgan Healthcare Conference on January 13

BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced that Dr. Reshma Kewalramani, Chief Executive Officer and President, will present at the 43rd Annual J.P. Mor...

4 weeks ago - Business Wire

Pharma has value names, but it's not a top pick for 2025, says BMO's Evan Siegerman

Evan Siegerman, BMO biotech analyst, joins 'Power Lunch' to discuss the big winners in the pharmaceutical space in 2025.

Other symbols: BIIBLLY
4 weeks ago - CNBC Television

Vertex Pharmaceuticals: Alyftrek Is An 'Accretive Opportunity' On Top- And Bottom-Lines, Says Bullish Analyst

Vertex Pharmaceuticals Inc VRTX last week announced that the Phase 2 study of suzetrigine for painful lumbosacral radiculopathy (LSR) had met its primary endpoint.

4 weeks ago - Benzinga

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 ...

4 weeks 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...

4 weeks 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...

4 weeks ago - Business Wire

Cramer's Mad Dash: Vertex Pharmaceuticals

CNBC's Jim Cramer delivers his daily Mad Dash.

4 weeks 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...

4 weeks 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
4 weeks 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...

4 weeks 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.

4 weeks 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.

4 weeks ago - Investopedia

Cramer's Stop Trading: Vertex Pharmaceuticals

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

4 weeks 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...

4 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks ago - Business Wire