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Gilead Sciences: Core HIV and Liver Franchises Drive EPS Upside and Support Buy Rating Despite Cell Therapy Headwinds

Gilead Sciences: Core HIV and Liver Franchises Drive EPS Upside and Support Buy Rating Despite Cell Therapy Headwinds

TD Cowen analyst Tyler Van Buren has maintained their bullish stance on GILD stock, giving a Buy rating on April 21.

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Tyler Van Buren has given his Buy rating due to a combination of factors related to Gilead’s updated outlook ahead of Q1:26 results. He raised projections for the company’s HIV and liver disease businesses, as well as for in-process research and development, indicating improved confidence in key growth and innovation drivers that support stronger earnings power over time.

At the same time, he incorporated management’s guidance for a year-over-year decline in cell therapy revenue, adjusting assumptions to a 10% contraction in that segment. Even after this more conservative stance on cell therapy, his non-GAAP EPS forecast increased to $1.90 and he maintained the existing price target, suggesting that upside from core franchises more than offsets the headwinds and justifies a Buy recommendation on the shares.

In another report released on April 21, Bernstein also maintained a Buy rating on the stock with a $160.00 price target.

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