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REGNRegeneron Pharmaceuticals, Inc.
$803.90$82.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
REGN logo

Regeneron Pharmaceuticals, Inc.

REGN
NASDAQ · Biotechnology
$803.90
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$82.82B
P/E19.4x
52W High$859.34
Volume586.03K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Margin Compression and Pipeline Dependence Define Outlook

Regeneron's growth has decelerated to low-single digits, with revenue growth of 16.7% in 2026Q2 masking a 3.7% decline in 2025Q1, while gross margins have compressed from 86.8% in 2024Q3 to 81.2% in 2026Q2. The company maintains a fortress balance sheet with a...

GrowthDecelerating
ProfitabilityStable
ValuationAttractive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

REGN price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-42% Peers

P/E is 42% below peer median

03

Market leadership

RS 70 · Avg

Average momentum (RS Rating: 70)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystEstimated earnings · Oct 30
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth decelerated to 16.7% in 2026Q2 but was negative in 2025Q1 (-3.7%), while gross margin slipped 560 basis points from 86.8% to 81.2% over the period.

Analyst Consensus+3.0% target
Buy(49 analysts)
34 Buy15 Hold0 Sell

The Bull Case

Upside Catalysts

Strong product pipeline

Regeneron focuses on discovering and developing medicines for serious medical conditions, indicating a robust pipeline of potential treatments.

Investor relations focus

The company maintains a dedicated Investor Relations website, showcasing transparency and engagement with stockholders and analysts.

Biotechnology leadership

As a long-standing biotech firm since 1988, Regeneron has established expertise in developing and commercializing innovative therapies.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
REGN+3.92%
S&P 500 (^GSPC)+13.20%
1-Year Return
REGN+35.58%
S&P 500 (^GSPC)+15.98%
3-Year Return
REGN-1.77%
S&P 500 (^GSPC)+80.46%
5-Year Return
REGN+25.22%
S&P 500 (^GSPC)+77.77%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
19.4x
Forward P/EExpansion
14.7x
EV/EBITDA60th %ile
20.0x
FCF YieldCash Flow
4.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
19.4x
18.6x
80th· High
EV/EBITDA
20.0x
18.4x
60th· Fair
Price/FCF
20.3x
20.5x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$563.44-29.9%
Base (Fair)$894.69+14.0%
Bull$1374.79+71.0%
$563.44 Bear$894.69 Base$1374.79 Bull
Current Market Price: $803.90
Trades at a 10.1% discount to Base DCF ($894.69)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$14.34B+1.0% YoY
Net income
$4.5B+2.1% YoY
Free cash flow
$4.08B+11.3% YoY
Operating margin
24.9%-3.2 pts YoY
ROIC (TTM)8.9%
Avg ROIC 5Y-
ROE (TTM)14.9%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$14.29+40.6%
vs $10.16
$4.3B+12.4%
vs $3.8B
Q2 2026
Apr 29, 2026
$9.47+6.3%
vs $8.91
$3.6B+3.6%
vs $3.5B
Q1 2026
Jan 30, 2026
$11.44+6.5%
vs $10.74
$3.9B+1.9%
vs $3.8B
Q4 2025
Oct 28, 2025
$11.83+22.6%
vs $9.65
$3.8B+4.5%
vs $3.6B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
The Motley Fool·1d ago
Is Regeneron Stock a Bargain Below $800?

Regeneron's latest financial results were strong. The company is finding ways to overcome a recent patent cliff.

Defense World·5d ago
Corient Private Wealth LP Sells 5,600 Shares of Regeneron Pharmaceuticals, Inc. $REGN

Corient Private Wealth LP lowered its stake in shares of Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) by 31.0% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,473 shares of the biopharmaceutical company's stock after selling 5,600 shares during the period. Corient

Fool - Investing News·Sep 15, 2026
Novo Nordisk vs. Regeneron Pharmaceuticals: Which Healthcare Stock Is a Better Buy in 2026?

Novo Nordisk is bigger and more profitable on paper, but pricing pressure, reduced Medicaid coverage, and intensifying competition are creating headwinds that Regeneron simply does not face right now.

MarketBeat·Sep 15, 2026
Regeneron Highlights Dupixent Growth, Cemdisiran Catalysts and EYLEA HD Momentum

Regeneron Pharmaceuticals NASDAQ: REGN outlined growth opportunities for Dupixent, pipeline catalysts for cemdisiran and continued commercial momentum for EYLEA HD during the Morgan Stanley Global Healthcare Conference.

Filtered for Regeneron Pharmaceuticals, Inc.More Headlines
04

Compare before deciding

Benchmark REGN against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Regeneron Pharmaceuticals, Inc. (REGN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
REGN logoREGNRegeneron Pharmaceuticals, Inc.Current
$803.90$82.82B19.380.99%31.41%14.87%0.42%
BIIB logoBIIBBiogen Inc.
$225.36$33.3B25.521.39%8.39%4.52%—
VRTX logoVRTXVertex Pharmaceuticals Incorporated
$514.99$130.71B33.629.57%34.89%23.31%—
INCY logoINCYIncyte Corporation
$126.93$25.73B19.8021.22%27.71%29.7%—
BMRN logoBMRNBioMarin Pharmaceutical Inc.
$63.37$12.25B35.2112.87%2.14%1.18%—
ABBV logoABBVAbbVie Inc.
$265.32$468.77B111.958.57%9.81%——

Compare REGN vs Peers

Regeneron Pharmaceuticals, Inc. (REGN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BIIB

Most directly comparable listed peer for REGN.

Scale Benchmark

vs LLY

Larger-name benchmark to compare REGN against a more recognizable public peer.

Peer Set

Compare Top 5

vs BIIB, VRTX, INCY, BMRN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

REGN SEC Filings & Documents

Regeneron Pharmaceuticals, Inc. (REGN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

Jul 6, 2026·SEC

Material company update

Jun 17, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 4, 2026·SEC

FY 2025

Feb 5, 2025·SEC

FY 2024

Feb 5, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 28, 2025·SEC

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REGN Frequently Asked Questions

Regeneron Pharmaceuticals, Inc. (REGN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Regeneron Pharmaceuticals, Inc.'s revenue?

Regeneron Pharmaceuticals, Inc. (REGN) reported $15.53B in revenue for fiscal year 2025. This represents a 64359% increase from $24.1M in 1996.

How fast is Regeneron Pharmaceuticals, Inc. growing?

Regeneron Pharmaceuticals, Inc. (REGN) grew revenue by 1.0% over the past year. Growth has been modest.

Is REGN profitable?

Yes, Regeneron Pharmaceuticals, Inc. (REGN) is profitable, generating $4.33B in net income for fiscal year 2025 (31.4% net margin).

Dividend & Returns
Does REGN pay dividends?

Yes, Regeneron Pharmaceuticals, Inc. (REGN) pays a dividend with a yield of 0.42%. This makes it attractive for income-focused investors.

What is REGN's return on equity?

Regeneron Pharmaceuticals, Inc. (REGN) has a return on equity (ROE) of 14.9%. This is reasonable for most industries.

What is Regeneron Pharmaceuticals, Inc.'s free cash flow?

Regeneron Pharmaceuticals, Inc. (REGN) generated $3.52B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in REGN back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →