Pfizer Inc

PFE: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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We've Lowered Our Moat Rating for Pfizer to Narrow, Driven by Portfolio Setbacks and Policy Risk

Karen Andersen

Jul 2, 2025

Business Strategy and Outlook

Pfizer's foundation remains solid, based on steady cash flows generated from a basket of diverse drugs. The company's large size confers significant competitive advantages in developing new drugs. This heft, combined with a broad portfolio of patent-protected drugs, has helped Pfizer build an economic moat around its business.

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Pfizer Inc

We've Lowered Our Moat Rating for Pfizer to Narrow, Driven by Portfolio Setbacks and Policy Risk

Business Strategy and Outlook

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