Vertex Pharmaceuticals Inc
VRTX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^b | LOCK|y@Cq$ | LOCK|$^R!sx$ |
Vertex Earnings: Strong Cash Flows From Cystic Fibrosis Franchise Help Diversify Portfolio
Narrow-moat Vertex Pharmaceuticals reported solid year-end results, highlighted by revenue of $11 billion, representing a 12% increase over 2023. We forecast $12 billion in revenue in 2025, representing growth of about 9%. We maintain our fair value estimate of $356 per share, and continue to have a positive outlook for the firm as it diversifies its portfolio beyond cystic fibrosis, or CF.
