Royalty Pharma PLC Class A
RPRX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| KJ | LOCK|M>!Pp | LOCK|H#&dx@%L |
Royalty Pharma Earnings: Impressive Portfolio Growth and Share Repurchases Instill Confidence
Narrow-moat Royalty Pharma delivered another strong quarter that was in line with our expectations. Portfolio receipts grew 17% year over year to $839 million, and the company raised their 2025 guidance for annual growth in portfolio receipts to a range of 6%-12%, up from the previous 4%-9% growth expectation. We maintain our $47 fair value estimate, and shares are trading in 5-star territory, presenting an attractive opportunity for long-term investors.
