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Vertex Pharmaceuticals Holds Annual Shareholder Meeting

Story Highlights
  • Vertex Pharmaceuticals elected a new board of directors at its annual meeting.
  • Shareholders ratified Ernst & Young as the accounting firm and approved executive compensation, but rejected a proposal on golden parachutes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vertex Pharmaceuticals Holds Annual Shareholder Meeting

Confident Investing Starts Here:

Vertex Pharmaceuticals ( (VRTX) ) has issued an update.

On May 14, 2025, Vertex Pharmaceuticals held its annual shareholder meeting where several key decisions were made. The shareholders elected a new board of directors, ratified the appointment of Ernst & Young LLP as the independent accounting firm for 2025, and approved the 2024 executive compensation program. However, a proposal concerning excessive golden parachutes was not approved.

The most recent analyst rating on (VRTX) stock is a Sell with a $325.00 price target. To see the full list of analyst forecasts on Vertex Pharmaceuticals stock, see the VRTX Stock Forecast page.

Spark’s Take on VRTX Stock

According to Spark, TipRanks’ AI Analyst, VRTX is a Neutral.

Vertex Pharmaceuticals has strong revenue prospects and successful product launches, driving optimism. However, profitability, cash flow challenges, and technical indicators suggest caution. The negative P/E ratio and lack of dividend yield point to valuation concerns. Overall, while there is potential for growth, current financial and market conditions warrant a cautious outlook.

To see Spark’s full report on VRTX stock, click here.

More about Vertex Pharmaceuticals

Vertex Pharmaceuticals is a biotechnology company primarily focused on developing and commercializing innovative therapies for serious diseases. The company is well-known for its work in cystic fibrosis and is expanding its research into other areas such as pain management and rare diseases.

Average Trading Volume: 1,712,768

Technical Sentiment Signal: Buy

Current Market Cap: $112.8B

For a thorough assessment of VRTX stock, go to TipRanks’ Stock Analysis page.

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