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REGN

Regeneron Pharmaceuticals

NASDAQHealth CareBiotechnologySnapshot 2026-05-08

$714.89+0.82%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, REGN has a composite score of 17.6 and a signal label of "mild favorable." This score is influenced by a high confidence level of 81.4 and a guidance credibility of 100.0. Key drivers include macroeconomic factors such as labor, rates, growth, and inflation, with a moderate risk label and a fair valuation score of 59.5.

Composite +18as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
strong
Top 20% of health care cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.11
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
751108010271133
F2 · Value
cheap
Cheapest 20% of health care cohort
Why this rank
Price
$714.89
TTM EPS
$44.24
Earnings yield
6.2%
P/E (TTM)
16.2

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
fragile
Bottom 20% cash conversion in health care cohort
Why this rank
TTM NI ($M)
4,413
TTM CFO ($M)
4,421
CFO/NI
1.00
L2

Watch

has something changed worth re-reading?
F4 · Management stability
Insufficient data
No score yet
Earnings setup · pre-print positioning
forward-looking
bullish6 PT revisions / 30d, avg 21.6% above currentfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $10.58 → $10.88 (+2.9% / 30d). 10 raised, 12 cut, 23 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 8 maintained. 76% of analysts rate Buy.

Price target activity

6 PT revisions / 30d. Avg target 21.6% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

No recent events recorded.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Maintain GAAP gross margin guidancecostmixed65% progress
    4/29: GAAP gross margin on net product sales 79%-80% 77%-78%.
    Why this status

    Stated in 3 of last 3 quarters. The GAAP gross margin guidance for 2026 is 79%-80%. Previous quarters showed a margin of approximately 82%-83%. The trajectory is consistent with maintaining the guidance.

  2. 2.Manage capital expenditurescapital allocationmixed35% progress
    4/29: Capital expenditures $1.100–$1.300 billion $1.100–$1.200 billion.
    Why this status

    Stated in 3 of last 3 quarters. Capital expenditures guidance for 2026 is $1.100–$1.300 billion. Previous guidance was $850–$950 million. The trajectory shows an increase in planned expenditures, indicating a focus on managing within the new range.

  3. 3.Control GAAP effective tax ratecostmixed65% progress
    4/29: GAAP effective tax rate 12%-14% Unchanged.
    Why this status

    Stated in 3 of last 3 quarters. The GAAP effective tax rate guidance for 2026 is 12%-14%. Previous quarters showed a rate of approximately 11%-14%. The trajectory is consistent with controlling the tax rate within the guided range.

3

Guidance track record

Last 6 quarters of EPS guidance with actuals.

6 beat
Per-quarter detail
PeriodGuidanceActualResult
2023-12-31$-0.21$11.86beat
2024-06-30$-0.18$11.56beat
2024-09-30$-0.43$12.46beat
2025-09-30$-0.68$11.83beat
2025-12-31$-0.14$11.44beat
2026-03-31$-0.81$9.47beat

Beat / inside / miss is computed from the guided range when issued; for point-estimate quarters a ±5% tolerance band around the mid is used. surprise_pct_vs_mid is unstable when guided EPS is near zero, so it is not surfaced as a headline.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −21%, typical day ±1.2%
Why this risk level

Recent vol — 30d annualized 31%; 252d 39%.

Drawdown — Max 1y −21%. Bad day move −3%.

Beta to sector ETF (XLV) 1.15 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 35/100, drawdown 57/100, beta 85/100, earnings vol .

Sector regime
headwind-15.1%sector vs S&P 500, 60d

via XLV

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite73.0 / 100
Capital allocation69
Earnings discipline58
Margin discipline49
Balance sheet43
Guidance credibility100
Post-call reaction54

Met or beat guidance 100% of the last 6 guided quarters · 4441.3% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Maintain GAAP gross margin guidance

    CostNew since 2026-05-04

    Regeneron aims to maintain its GAAP gross margin on net product sales within the guided range.

    On trackMixed

    Stated in 3 of last 3 quarters. The GAAP gross margin guidance for 2026 is 79%-80%. Previous quarters showed a margin of approximately 82%-83%. The trajectory is consistent with maintaining the guidance.

    65%
    CEO/CFO:GAAP gross margin on net product sales 79%-80% 77%-78%.
    Multiple sourcesSource dated 2026-04-29Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q1Multiple sources

      GAAP gross margin on net product sales 79%-80% 77%-78%.

    • 2025-Q4Multiple sources

      GAAP gross margin on net product sales Approximately 83% Approximately 82%.

    • 2025-Q3Multiple sources

      GAAP gross margin on net product sales 83%-84% Approximately 83%.

  • #2

    Manage capital expenditures

    Capital allocationNew since 2026-05-04

    Regeneron is focused on managing its capital expenditures within the guided range.

    BehindMixed

    Stated in 3 of last 3 quarters. Capital expenditures guidance for 2026 is $1.100–$1.300 billion. Previous guidance was $850–$950 million. The trajectory shows an increase in planned expenditures, indicating a focus on managing within the new range.

    35%
    CEO/CFO:Capital expenditures $1.100–$1.300 billion $1.100–$1.200 billion.
    Multiple sourcesSource dated 2026-04-29Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q1Multiple sources

      Capital expenditures $1.100–$1.300 billion $1.100–$1.200 billion.

    • 2025-Q4Multiple sources

      Capital expenditures $880–$950 million $850–$890 million.

    • 2025-Q3Multiple sources

      Capital expenditures * $850–$950 million $880–$950 million.

  • #3

    Control GAAP effective tax rate

    CostNew since 2026-05-04

    Regeneron aims to control its GAAP effective tax rate within the guided range.

    On trackMixed

    Stated in 3 of last 3 quarters. The GAAP effective tax rate guidance for 2026 is 12%-14%. Previous quarters showed a rate of approximately 11%-14%. The trajectory is consistent with controlling the tax rate within the guided range.

    65%
    CEO/CFO:GAAP effective tax rate 12%-14% Unchanged.
    Multiple sourcesSource dated 2026-04-29Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q1Multiple sources

      GAAP effective tax rate 12%-14% Unchanged.

    • 2025-Q4Multiple sources

      GAAP effective tax rate 11%-13% Approximately 14%.

    • 2025-Q3Multiple sources

      GAAP effective tax rate 9%-11%.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
61higher = cheaper

Roughly priced in line with peers.

Compared to its own history
84higher = cheaper

Cheaper than its own typical valuation.

P/E
15.5x
EV/EBITDA
14.8x
FCF yield
5.5%

P/E over the last 5 years

68 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
REGN
Regeneron Pharmaceuticals
+18fairmoderate
LLY
Lilly (Eli)
+21fullmoderate
JNJ
Johnson & Johnson
+18fulllow
ABBV
AbbVie
+12fairlow
UNH
UnitedHealth Group
+24fairelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.2%
A bad day (95th %ile)
A rough but not unusual down day.
-3.1%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-21.4%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If health_care sector trend rises from +0.06 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-29)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-04-29)-8.0 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-6.8 pts
  • If health_care sector trend falls from +0.06 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-299d agoItem 2.02

    The information included or incorporated in this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall such information and exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

    earnings preannouncementneutralscore 53
  2. 2026-04-081mo agoItem 2.02

    Results of Operations and Financial Condition. Regeneron Pharmaceuticals, Inc. (“ Regeneron ” or the “ Company ”) currently expects that its financial results calculated in accordance with U.S. generally accepted accounting principles (“ GAAP ”) and its non-GAAP financial results for the first quarter 2026 will include an acquired in-process research and development (“ IPR&D ”) charge of approximately $102 million on a pre-tax basis. This charge primarily relates to premium on equity securiti…

    earnings preannouncementneutralscore 33
  3. 2026-01-303mo agoItem 2.02

    The information included or incorporated in this Item 2.02, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall such information and exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

    earnings preannouncementneutralscore 7
  4. 2025-10-067mo agoItem 2.02

    Results of Operations and Financial Condition. Regeneron Pharmaceuticals, Inc. (“ Regeneron ” or the “ Company ”) currently expects that its financial results calculated in accordance with U.S. generally accepted accounting principles (“ GAAP ”) and its non-GAAP financial results for the third quarter 2025 will include an acquired in-process research and development (“ IPR&D ”) charge of approximately $83 million on a pre-tax basis. This charge primarily relates to the previously disclosed $8…

    earnings preannouncementpositivescore 1
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-04 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.