REGN · NASDAQ · Biotechnology

Regeneron (REGN)

Develops antibody and genetic medicines led by Dupixent, EYLEA HD, and Libtayo.

$806.78
vs last close+2.88 (+0.36%)
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Regeneron Pharmaceuticals, Inc.REGN
Health Care

Discovers and commercializes medicines led by Dupixent for inflammatory disease, EYLEA and EYLEA HD for retinal disease, and Libtayo for cancer. Revenue combines direct product sales with profit shares from Sanofi and Bayer collaborations.

Discovers, develops, manufactures and commercializes medicines for eye disease, allergic and inflammatory conditions, cancer, cardiovascular and metabolic disorders, and rare disease. Dupixent anchors inflammation; EYLEA and EYLEA HD anchor retinal care; Libtayo leads oncology. Praluent, Kevzara, Evkeeza, Lynozyfic and Otarmeni extend the commercial portfolio.

Uses human-genetics research and VelociSuite technologies to discover fully human and bispecific antibodies, with most clinical candidates originating in its own laboratories. Revenue combines direct sales and collaboration economics: Sanofi records Dupixent sales worldwide and shares profits, Bayer records EYLEA sales outside the United States, and Libtayo sales are recorded directly worldwide. Regulatory approvals, manufacturing execution and these collaboration agreements remain structural dependencies.

Company facts

CEOLeonard S. Schleifer
ListedApr 2, 1991
ExchangeNASDAQ
HeadquartersTarrytown, NY
CountryUnited States
Employees15,410
CIK0000872589
ISINUS75886F1075

Market cap$82.82B
EPS (ttm)$40.43
P/E (ttm)19.88
ROE13.8%
P/B2.61
P/S5.33
Dividend yieldDiv yield0.46%
Beta0.50vs XLV 1.01

Price target$824.00+2.5%Average of 49 analysts
ConsensusBuy34 of 49 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 10, 2026HSBCReiterate
Rating: Target: $800
Rating: BuyTarget: $920
Aug 17, 2026Leerink PartnersReiterate
Rating: Target: $641
Rating: Market PerformTarget: $824
Aug 14, 2026BernsteinReiterate
Rating: Target: $921
Rating: Market PerformTarget: $756
Aug 3, 2026GuggenheimReiterate
Rating: Target: $1,000
Rating: BuyTarget: $1,030
Jul 31, 2026RBC CapitalReiterate
Rating: Target: $707
Rating: Sector PerformTarget: $737

Next report
Oct 28, 26
in 35 days
EPS estimate
$15.99
Revenue estimate
$4.54B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Aug '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$12.07$8.22$12.89$11.83$11.44$9.47$14.29Pending
Estimate$11.21$8.62$8.43$9.65$10.74$8.91$10.16$15.99
Surprise+7.7%−4.6%+52.9%+22.6%+6.5%+6.3%+40.6%

RevenueReportedEstimate

Feb '25Apr '25Aug '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$3.79B$3.03B$3.68B$3.75B$3.88B$3.61B$4.29BPending
Estimate$3.74B$3.25B$3.29B$3.59B$3.81B$3.48B$3.82B$4.54B
Surprise+1.3%−6.8%+11.8%+4.5%+1.9%+3.6%+12.4%
Estimate$15.99
ReportedDue Oct 28, 2026
Estimate$4.54B
ReportedDue Oct 28, 2026
View details

Debt to equity6.30%
Current ratio333.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.72B$3.79B$3.03B$3.68B$3.75B$3.88B$3.61B$4.29B
Net income$1.34B$917.7M$808.7M$1.39B$1.46B$844.6M$727.2M$1.30B
Net margin36.0%24.2%26.7%37.9%38.9%21.7%20.2%30.2%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$1.18B$990.2M$591.7M$1.08B$1.03B$879.9M$642.9M$1.42B
YoY growth−2.6%−5.8%−21.3%+0.9%−12.9%−11.1%+8.7%+31.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $7.99B · Total debt $1.99B · Total assets $41.73B · Shareholders' equity $31.71B

Revenue
$4.29B
Operating income
$1.42B
Net income
$1.30B
View details

Dividend yield
0.46%
Next ex-date
Nov 18, 26
estimated · in 56 days
Annual dividend
$3.70
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26
Dividend$0.88$0.88$0.88$0.88$0.94$0.94$0.94
Annual yield0.13%0.29%0.46%0.48%0.46%0.56%0.46%
Ex-dateFeb 20May 20Aug 18Nov 20Feb 20May 20Aug 18
Payment dateMar 20Jun 6Sep 3Dec 5Mar 5Jun 4Aug 31
View details

Institutions89.62%92.27M shares
1,392 holders · as of Jun 30, 2026
Insiders0.79%813.9K shares
20 holders · as of Sep 3, 2026
Other9.59%9.87M shares
remainder

102.95M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.85%9.11Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.44%6.63Mas of Jun 30, 2026
Dodge & CoxInstitution
4.73%4.87Mas of Jun 30, 2026
State Street CorpInstitution
4.70%4.83Mas of Jun 30, 2026
Invesco Ltd.Institution
3.83%3.94Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 2, 2026Kathryn Guarinidirector−400$850.00
Sep 3, 2026Marion McCourtofficer: EVP Commercial−1,131$857.39
Sep 2, 2026Marion McCourtofficer: EVP Commercial−1,215$850.00
Aug 10, 2026Kathryn Guarinidirector−400$800.00
Aug 10, 2026Huda Y. Zoghbidirector−800$800.00
View details

  • Sanofi (ADR)

    Dupixent partner advancing rival amlitelimab in the same AD space.

  • Merck

    Keytruda is the PD-1 standard-of-care Libtayo must displace in CSCC and NSCLC.

  • AstraZeneca (ADR)

    Tezspire and Fasenra challenge Dupixent in the severe asthma market.

  • Amgen

    Only EYLEA biosimilar on the US market; Tezspire partner; PCSK9 adversary.

  • Eli Lilly

    Ebglyss (lebrikizumab) directly challenges Dupixent in atopic dermatitis.

  • GSK (ADR)

    Nucala competes with Dupixent in eosinophilic asthma, CRSwNP, and COPD.

  • Bristol-Myers Squibb

    Opdivo contests Libtayo in PD-1 NSCLC and non-melanoma skin cancers.

Compare

CompanyPriceChange
Regeneron$806.78+0.36%$82.82B19.913.35.3+16.7%
Sanofi (ADR)$41.76−1.76%$102.08B76.01.8+11.2%
Merck$149.80−0.74%$372.73B120.717.45.6+5.1%
AstraZeneca (ADR)$166.78−0.94%$261.12B25.315.74.3+6.4%
Amgen$412.87+0.64%$221.41B25.517.65.8+9.7%
Eli Lilly$1,163.70−0.55%$1.10T39.328.413.8+47.7%
GSK (ADR)$50.66−0.12%$101.62B16.19.32.3+5.3%
Bristol-Myers Squibb$61.87−0.61%$127.16B13.79.72.6+5.7%
Median25.516.54.3+6.4%