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REGNRegeneron Pharmaceuticals, Inc.
$904.35$93.2B
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 · Immunology Biotech
$904.35
At close - Nov 6, 4:00 PM EST - USD
Market Cap$93.17B
P/E19.8x
52W High$991.73
Volume1.12M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Lumpy Earnings Recovery Meets Strong Balance Sheet Discipline

Regeneron's latest quarter shows sharp acceleration, with revenue up 36.3% year-over-year to $5.1B and gross margin expanding to 88.8%, suggesting operating leverage may be taking hold after a choppy 2025 to early 2026.

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsStrong
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

-49% Peers

P/E is 49% below peer median

03

Market leadership

RS 88 · Leader

High momentum (Outperforming 88% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Jan 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 and margins have trended sharply higher in the latest quarter, with gross margin reaching 88.8% and operating margin 40.0% in 2026Q3, although prior quarters showed uneven growth of 16.7% and 19.0%, suggesting the improvement may be lumpy rather than steady.

Analyst Consensus-1.8% 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 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
REGN+16.86%
S&P 500 (^GSPC)+7.63%
1-Year Return
REGN+40.38%
S&P 500 (^GSPC)+9.69%
3-Year Return
REGN+9.40%
S&P 500 (^GSPC)+69.00%
5-Year Return
REGN+46.23%
S&P 500 (^GSPC)+57.05%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
19.8x
Forward P/EExpansion
13.4x
EV/EBITDA40th %ile
16.9x
FCF YieldCash Flow
3.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
19.8x
18.6x
80th· High
EV/EBITDA
16.9x
18.4x
40th· Fair
Price/FCF
26.0x
20.5x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$684.56-24.3%
Base (Fair)$1062.30+17.5%
Bull$1658.58+83.4%
$684.56 Bear$1062.30 Base$1658.58 Bull
Current Market Price: $904.35
Trades at a 14.9% discount to Base DCF ($1062.30)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$14.34B+1.0% YoY
Net income FY25
$4.5B+2.1% YoY
Free cash flow FY25
$4.08B+11.3% YoY
Operating margin FY25
24.9%-3.2 pts YoY
ROIC (FY25)8.9%
Avg ROIC 5Y19.5%
ROE (TTM)15.1%
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)
Q4 2026Latest
Oct 30, 2026
$20.07+21.6%
vs $16.51
$5.1B+11.6%
vs $4.6B
Q3 2026
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
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Defense World·16h ago
Regeneron Pharmaceuticals (NASDAQ:REGN) EVP Sells $4,311,878.34 in Stock

Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN - Get Free Report) EVP Joseph Larosa sold 4,466 shares of the firm's stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $965.49, for a total transaction of $4,311,878.34. Following the completion of the transaction, the executive vice president owned 38,906 shares of

Defense World·2d ago
Regeneron Pharmaceuticals, Inc. $REGN Stock Purchased by Compass Financial Management LLC

Compass Financial Management LLC grew its stake in shares of Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) by 4,526.2% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,007 shares of the biopharmaceutical company's stock after acquiring an additional 2,942 shares during the

Defense World·2d ago
Regeneron Pharmaceuticals, Inc. $REGN Stock: AIA Group Ltd Decreases Holdings

AIA Group Ltd cut its holdings in shares of Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) by 37.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,482 shares of the biopharmaceutical company's stock after selling 3,254 shares during the period. AIA Group Ltd's holdings

Defense World·2d ago
Regeneron Pharmaceuticals, Inc. $REGN Stock: Bank Julius Baer & Co. Ltd Zurich Raises Stake

Bank Julius Baer and Co. Ltd Zurich boosted its stake in shares of Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) by 165.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,904 shares of the biopharmaceutical company's stock after

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
$904.35$93.17B19.820.99%28.51%15.07%0.38%
BIIB logoBIIBBiogen Inc.
$248.35$36.69B105.481.39%3.38%1.86%—
VRTX logoVRTXVertex Pharmaceuticals Incorporated
$547.09$138.85B35.129.57%30.61%20.08%—
INCY logoINCYIncyte Corporation
$119.65$24.25B60.2821.22%6.71%7.11%—
BMRN logoBMRNBioMarin Pharmaceutical Inc.
$56.03$10.83B-567.6812.87%-0.52%-0.31%—
ABBV logoABBVAbbVie Inc.
$291.31$514.68B49.878.57%15.68%—2.26%

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

Oct 30, 2026·SEC

Material company update

Oct 6, 2026·SEC

Material company update

Jul 30, 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

Oct 30, 2026·SEC

FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 29, 2026·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 $16.90B in revenue over the trailing twelve months. Revenue was $14.34B in fiscal year 2025. That is 59414% more than the $24.1M of fiscal year 1996.

How fast is Regeneron Pharmaceuticals, Inc. growing?

Regeneron Pharmaceuticals, Inc. (REGN) grew revenue by 18.6% over the trailing twelve months, compared with the twelve months before.

Is REGN profitable?

Yes. Regeneron Pharmaceuticals, Inc. (REGN) earned $4.82B in net income over the trailing twelve months (a 28.5% net margin).

Dividend & Returns
Does REGN pay dividends?

Yes. Regeneron Pharmaceuticals, Inc. (REGN) pays a dividend that yields 0.38% at the current price, a small yield.

What is REGN's return on equity?

Regeneron Pharmaceuticals, Inc. (REGN) had a return on equity (ROE) of 15.1% over the trailing twelve months. That is above the market's typical 10-15%.

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

Regeneron Pharmaceuticals, Inc. (REGN) generated $3.59B in free cash flow over the trailing twelve months.

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

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

See returns →