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VRTXVertex Pharmaceuticals Incorporated
$547.09$138.9B
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
VRTX logo

Vertex Pharmaceuticals Incorporated

VRTX
NASDAQ · Rare Disease Biotech
$547.09
At close - Nov 6, 4:00 PM EST - USD
Market Cap$138.85B
P/E35.1x
52W High$568.67
Volume1.27M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Stable Franchise Margins Meet Rising Acquisition-Driven Leverage Risk

VRTX's core small-molecule franchise has sustained gross margins in a tight 84.7% to 86.9% band across ten quarters, and revenue growth near 11.8% year over year suggests the commercial base remains durable.

GrowthExpanding
ProfitabilityModerate
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

VRTX 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

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

In Line

P/E is in line with peer median

03

Market leadership

RS 78 · Avg

Average momentum (RS Rating: 78)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Feb 2
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 grew from roughly $2.6B to $3.4B over the period with a stable ~85% gross margin, but operating margin swung from 40.3% in 2025Q4 to 20.7% in 2026Q3, suggesting cost pressures that warrant monitoring.

Analyst Consensus+6.1% target
Buy(56 analysts)
48 Buy7 Hold1 Sell

The Bull Case

Upside Catalysts

Scientific innovation leadership

Vertex invests in scientific innovation to create transformative medicines for serious diseases, focusing on discovering and developing innovative treatments.

Strong biotech track record

Vertex was one of the first biotech firms to use rational drug design, establishing a strong reputation in the biopharmaceutical industry.

Bullish investor sentiment

There is a bullish thesis on Vertex Pharmaceuticals, indicating positive investor sentiment and potential upside for the stock.

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
VRTX+21.00%
S&P 500 (^GSPC)+7.63%
1-Year Return
VRTX+31.43%
S&P 500 (^GSPC)+9.69%
3-Year Return
VRTX+41.82%
S&P 500 (^GSPC)+70.11%
5-Year Return
VRTX+184.60%
S&P 500 (^GSPC)+58.29%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
35.1x
Forward P/EExpansion
30.0x
EV/EBITDA100th %ile
29.5x
FCF YieldCash Flow
2.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
35.1x
29.3x
100th· High
EV/EBITDA
29.5x
23.3x
100th· High
Price/FCF
43.4x
32.3x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$271.63-50.4%
Base (Fair)$477.98-12.6%
Bull$713.49+30.4%
$271.63 Bear$477.98 Base$713.49 Bull
Current Market Price: $547.09
Trades at a 14.5% premium to Base DCF ($477.98)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$12.07B+9.6% YoY
Net income FY25
$3.95B+838.1% YoY
Free cash flow FY25
$3.19B+504.1% YoY
Operating margin FY25
39.4%+41.5 pts YoY
ROIC (FY25)23%
Avg ROIC 5Y39.2%
ROE (TTM)20.1%
Piotroski Score4 / 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 Rate6/12 (50%)
Revenue Beat Rate9/12 (75%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 2, 2026
$4.76-1.2%
vs $4.82
$3.4B+0.6%
vs $3.4B
Q3 2026
Aug 3, 2026
$4.73-0.2%
vs $4.74
$3.3B+3.2%
vs $3.2B
Q2 2026
May 4, 2026
$4.47+5.4%
vs $4.24
$3.0B-0.2%
vs $3.0B
Q1 2026
Feb 12, 2026
$5.03-1.6%
vs $5.11
$3.2B+0.2%
vs $3.2B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
The Motley Fool·2d ago
Prediction: Vertex Pharmaceuticals Will Be 1 of the Best Biotech Stocks to Own Over the Next 5 Years

Vertex Pharmaceuticals' moat in cystic fibrosis remains nearly impregnable. The company's diversification efforts are slowly ramping up, and more is to come.

Defense World·2d ago
Associated Banc Corp Purchases 5,962 Shares of Vertex Pharmaceuticals Incorporated $VRTX

Associated Banc Corp acquired a new stake in Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,962 shares of the pharmaceutical company's stock, valued at approximately $3,117,000. A number of other hedge funds

Defense World·3d ago
Vertex Pharmaceuticals Incorporated $VRTX Stock Sold by AIA Group Ltd

AIA Group Ltd reduced its stake in shares of Vertex Pharmaceuticals Incorporated (NASDAQ: VRTX) by 23.8% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,080 shares of the pharmaceutical company's stock after selling 7,521 shares during the period. AIA Group Ltd's holdings

FXEmpire·3d ago
Vertex Pharmaceuticals Thrives on Higher Sales and Guidance

VRTX's Q3 fiscal 2027 revenue rose 12% YoY to $3.44B, driven by cystic fibrosis and new products like CASGEVY and PALSONIFY.

Filtered for Vertex Pharmaceuticals IncorporatedMore Headlines
04

Compare before deciding

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

Peers Comparison

Key metrics vs top competitors for Vertex Pharmaceuticals Incorporated (VRTX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VRTX logoVRTXVertex Pharmaceuticals IncorporatedCurrent
$547.09$138.85B35.129.57%30.61%20.08%—
REGN logoREGNRegeneron Pharmaceuticals, Inc.
$904.35$93.17B19.820.99%28.51%15.07%0.38%
ALNY logoALNYAlnylam Pharmaceuticals, Inc.
$155.94$20.82B7.9065.19%54.34%159.72%—
BMRN logoBMRNBioMarin Pharmaceutical Inc.
$56.03$10.83B-567.6812.87%-0.52%-0.31%—
SRPT logoSRPTSarepta Therapeutics, Inc.
$17.82$1.88B127.9315.58%0.75%1.04%—
RARE logoRAREUltragenyx Pharmaceutical Inc.
$15.43$1.52B-3.0120.13%-71.78%——

Compare VRTX vs Peers

Vertex Pharmaceuticals Incorporated (VRTX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs REGN

Most directly comparable listed peer for VRTX.

Scale Benchmark

vs ABBV

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

Peer Set

Compare Top 5

vs REGN, ALNY, BMRN, SRPT

05

Keep researching

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

VRTX SEC Filings & Documents

Vertex Pharmaceuticals Incorporated (VRTX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 2, 2026·SEC

Material company update

Oct 20, 2026·SEC

Material company update

Aug 3, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 13, 2026·SEC

FY 2025

Feb 13, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 3, 2026·SEC

FY 2026

Aug 4, 2026·SEC

FY 2026

May 5, 2026·SEC

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VRTX Frequently Asked Questions

Vertex Pharmaceuticals Incorporated (VRTX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Vertex Pharmaceuticals Incorporated's revenue?

Vertex Pharmaceuticals Incorporated (VRTX) reported $12.99B in revenue over the trailing twelve months. Revenue was $12.07B in fiscal year 2025. That is 90686% more than the $13.3M of fiscal year 1996.

How fast is Vertex Pharmaceuticals Incorporated growing?

Vertex Pharmaceuticals Incorporated (VRTX) grew revenue by 10.8% over the trailing twelve months, compared with the twelve months before.

Is VRTX profitable?

Yes. Vertex Pharmaceuticals Incorporated (VRTX) earned $3.98B in net income over the trailing twelve months (a 30.6% net margin).

Dividend & Returns
What is VRTX's return on equity?

Vertex Pharmaceuticals Incorporated (VRTX) had a return on equity (ROE) of 20.1% over the trailing twelve months. That is well above the market's typical 10-15%.

What is Vertex Pharmaceuticals Incorporated's free cash flow?

Vertex Pharmaceuticals Incorporated (VRTX) generated $3.20B in free cash flow over the trailing twelve months.

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

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

See returns →