Want to see GSK full AI Analyst Report?
Top Page
GlaxoSmithKline
(NYSE:GSK)
Select Model
Select Model
Rating:66Neutral
Price Target:
$55.00
▼(-5.74% Downside)
Action:Reiterated
Date:05/05/26
The score is driven primarily by solid financial performance (strong margins and cash generation, though with leverage and variability) and supportive valuation (low P/E with a ~3.5% dividend). This is meaningfully offset by weak technicals (below key moving averages with negative MACD), while the latest earnings call was broadly constructive on guidance and specialty-led momentum but highlighted H2 phasing and launch/access headwinds.
Positive Factors
Cash generation
Consistent multi‑billion operating and free cash flows provide durable funding for R&D, M&A and shareholder returns. Strong absolute cash generation supports pipeline investment and buybacks, giving management flexibility to execute long‑term strategy despite periodic timing volatility.
Negative Factors
Balance‑sheet leverage
Meaningful leverage limits financial flexibility for large biotech investments or cyclical shocks. At ~1.08 debt/equity (and disclosed net debt ~1.4x EBITDA guidance), the company faces higher interest and constrained optionality for transformative M&A without further deleveraging.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Consistent multi‑billion operating and free cash flows provide durable funding for R&D, M&A and shareholder returns. Strong absolute cash generation supports pipeline investment and buybacks, giving management flexibility to execute long‑term strategy despite periodic timing volatility.
Read all positive factors
GlaxoSmithKline Key Performance Indicators (KPIs)
Any
Revenue by Segment
Breaks down revenue by different business segments, highlighting which areas drive the most sales and profitability, and indicating where the company might focus its strategic efforts.
Breaks down revenue by different business segments, highlighting which areas drive the most sales and profitability, and indicating where the company might focus its strategic efforts.
Data provided by:
The Fly
The FlyGlaxoSmithKline (GSK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$104.94B
Dividend Yield3.41%
Average Volume (3M)3.70M
Price to Earnings (P/E)13.5
Beta (1Y)0.28
Revenue Growth9.19%
EPS Growth98.98%
CountryUS
Employees66,841
SectorHealthcare
Sector Strength45
IndustryDrug Manufacturers - General
Share Statistics
EPS (TTM)3.42
Shares Outstanding2,022,697,600
10 Day Avg. Volume3,095,891
30 Day Avg. Volume3,703,171
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)2.25
Price to Sales (P/S)1.13
P/FCF Ratio6.33
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue2.89
Enterprise Value/Gross Profit3.97
Enterprise Value/Ebitda8.40
Forecast
1Y Price Target
$68.55Price Target Upside17.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)4.78
Revenue Forecast (FY)$45.33B
GlaxoSmithKline Business Overview & Revenue Model
Company Description
GSK plc, a global pharmaceutical entity founded in 1715 and headquartered in Brentford, United Kingdom, dedicates its efforts to the research, development, and manufacturing of a wide array of medical solutions. Until May 2022, the company was kno...
How the Company Makes Money
GSK primarily makes money by selling branded prescription medicines and vaccines to healthcare providers, hospitals, pharmacies, governments, and other purchasers across multiple international markets. A major revenue stream is product sales from ...
GlaxoSmithKline Earnings Call Summary
Earnings Call Date:Apr 29, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Jul 28, 2026
Earnings Call Sentiment Positive
The call presented multiple strong operational and clinical positives: top‑line growth (sales +5%), specialty momentum (+14%), record Shingrix sales, robust HIV performance, positive Phase III readouts (bepirovirsen) and accelerated late‑stage pipeline activity including several acquisitions and pivotal trial starts. Challenges were acknowledged around established General Medicines declines, Trelegy headwinds, access and coding timing for new launches (notably Exdensur), diagnostic/testing gaps for hepatitis B adoption, R&D spending and some safety/operational considerations for ADCs. On balance, the positive commercial momentum, encouraging clinical data and clear execution on capital allocation and pipeline acceleration outweigh the headwinds, though several items are phasing‑sensitive and will be weighted to H2.Positive Updates
Quarterly Sales Growth
Total sales up 5% to more than GBP 7.6 billion in Q1 FY2026.
Negative Updates
General Medicines Decline
General Medicines sales down 6% in Q1, driven by declines in the older established portfolio.
Read all updates
Q1-2026 Updates
Positive
Negative
Quarterly Sales Growth
Total sales up 5% to more than GBP 7.6 billion in Q1 FY2026.
Read all positive updates
Company Guidance
GSK confirmed the guidance given in February, saying it expects another year of profitable growth with full‑year product group phasing skewed to H2: vaccines Q1 benefited from U.S. Shingrix prefilled‑syringe stocking but Europe/Japan will be tougher to annualize, General Medicines growth is expected to be H2‑weighted (Trelegy faces a tough Q2 comparator), and operating profit growth is also predominantly H2‑weighted; cash generation was strong in Q1 at GBP 1.4bn and the group remains on track to deliver more than GBP 10bn of CGFO with cash flows weighted to H2. Balance‑sheet and capital‑allocation guidance included net debt at 1.4x EBITDA, continued disciplined BD (GBP 1.4bn upfront for RAPT), an expected cash outflow of $950m for 35Pharma in Q2, disposals and transactions to improve net debt by ~GBP 1.2bn in H1 (including linerixibat proceeds of $400m), shareholder returns of >GBP 0.9bn with the buyback on track to complete at the half year, and a Q1 dividend of 17p. Financials in Q1 that underpin the guidance were: sales +5% to >GBP 7.6bn, Specialty +14% (Shingrix >GBP 1bn, +20%), core operating profit +10%, EPS +9%, gross margin +110bps, SG&A down 2% (underlying +2%), and free cash flow aided by a $250m ViiV special dividend.GlaxoSmithKline Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
60
Neutral
Cash Flow
72
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 32.78B | 32.67B | 31.38B | 30.33B | 29.32B | 24.70B |
| Gross Profit | 23.82B | 23.65B | 22.33B | 21.76B | 19.77B | 16.53B |
| EBITDA | 11.27B | 10.40B | 6.67B | 9.08B | 8.60B | 6.49B |
| Net Income | 5.83B | 5.72B | 2.58B | 4.93B | 14.96B | 4.38B |
Balance Sheet | ||||||
| Total Assets | 82.91B | 61.01B | 59.46B | 75.22B | 60.15B | 107.14B |
| Cash, Cash Equivalents and Short-Term Investments | 4.54B | 3.40B | 3.71B | 6.61B | 7.88B | 5.87B |
| Total Debt | 25.13B | 17.69B | 16.99B | 22.97B | 20.99B | 32.74B |
| Total Liabilities | 59.93B | 45.02B | 46.38B | 58.91B | 50.05B | 78.23B |
| Stockholders Equity | 23.54B | 16.35B | 13.67B | 17.01B | 10.60B | 20.39B |
Cash Flow | ||||||
| Free Cash Flow | 6.24B | 5.82B | 3.57B | 6.26B | 6.75B | 5.30B |
| Operating Cash Flow | 8.30B | 7.14B | 6.55B | 7.89B | 8.16B | 7.95B |
| Investing Cash Flow | -6.60B | -5.72B | -1.23B | -2.40B | -10.88B | -1.78B |
| Financing Cash Flow | -3.00B | -1.59B | -4.73B | -6.07B | 2.05B | -7.59B |
GlaxoSmithKline Technical Analysis
Positive
58.35
Price Trends
51.32
Positive
53.42
Negative
50.35
Positive
Market Momentum
0.31
Negative
50.83
Neutral
44.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GSK, the sentiment is Positive. The current price of 58.35 is above the 20-day moving average (MA) of 52.26, above the 50-day MA of 51.32, and above the 200-day MA of 50.35, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 50.83 is Neutral, neither overbought nor oversold. The STOCH value of 44.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GSK.
GlaxoSmithKline Risk Analysis
GlaxoSmithKline disclosed 1 risk factors in its most recent earnings report. GlaxoSmithKline reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
GlaxoSmithKline Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | £199.04B | 24.97 | 22.41% | 1.53% | 4.64% | 26.75% | |
69 Neutral | $104.70B | 12.45 | 14.41% | 4.58% | 11.19% | -0.23% | |
66 Neutral | $104.94B | 13.47 | 35.78% | 3.41% | 9.19% | 98.98% | |
66 Neutral | $196.12B | 24.89 | 89.41% | 3.00% | 9.94% | 31.14% | |
64 Neutral | $117.58B | 16.67 | 39.05% | 4.33% | 1.78% | 33.76% | |
64 Neutral | $137.76B | 18.69 | 8.37% | 6.65% | 1.36% | -5.39% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% |
* Healthcare Sector Average
GSK
GlaxoSmithKline
52.29
15.37
41.63%
AMGN
Amgen
360.45
72.09
25.00%
BMY
Bristol-Myers Squibb
59.34
14.17
31.37%
PFE
Pfizer
24.48
0.79
3.32%
SNY
Sanofi
44.00
-2.69
-5.76%
GB:AZN
AstraZeneca
12,610.00
2,130.64
20.33%
GlaxoSmithKline Corporate Events
GSK Wins First U.S. Approval for Lynavoy in PBC-Related Itch, Advancing Hepatology Push
Mar 19, 2026
On 19 March 2026, GSK announced that the U.S. Food and Drug Administration approved Lynavoy (linerixibat), an ileal bile acid transporter inhibitor, as the first medicine in the U.S. specifically indicated for cholestatic pruritus in adults with p...
GSK Discloses Chief People Officer’s March 16 ADS Purchase Under Pension Plan
Mar 18, 2026
On March 16, 2026, GSK plc reported that its Chief People Officer, Diana Conrad, acquired 12.430 American Depositary Shares in the company through participation in the GSK pension plan at a price of $54.41 per ADS on the New York Stock Exchange. T...
GSK Expands March Buyback With 732,112-Share Repurchase
Mar 18, 2026
On 17 March 2026, GSK plc repurchased 732,112 of its ordinary shares, with prices ranging between 2,002p and 2,036p and a volume-weighted average price of 2,016.45p, acting via BNP Paribas under its non‑discretionary buyback agreement. The s...
GSK Discloses Notional ADS Acquisition by US President Under Executive Savings Plan
Mar 17, 2026
On 13 March 2026, GSK reported that its US president, Maya Martinez-Davis, acquired a small number of notional American Depositary Shares through her GSK Executive Supplemental Savings Plan account. The transaction, executed on the New York Stock ...
GSK Boosts Treasury Stock With Latest Share Buyback on 16 March 2026
Mar 17, 2026
On 16 March 2026, GSK repurchased 628,000 ordinary shares of 31.25 pence each through BNP Paribas at prices between 2,026p and 2,052p, with a volume-weighted average price of 2,035.82p, as part of its ongoing share buyback programme. The shares wi...
GSK Discloses Dividend-Funded ADS Acquisition by U.S. President Martinez-Davis
Feb 27, 2026
On February 20, 2026, GSK plc reported that Maya Martinez-Davis, President, US, acquired notional American Depositary Shares through the reinvestment of dividends in her GSK Executive Supplemental Savings Plan account. The single transaction, exec...
GSK Buys Back 545,000 Shares as Treasury Stock in February Programme
Feb 27, 2026
On 26 February 2026, GSK plc repurchased 545,000 of its ordinary shares at prices between 2,155p and 2,211p, with a volume-weighted average price of 2,186.88p, under its ongoing share buyback programme executed via BNP Paribas SA. The shares, whic...
GSK’s Bepirovirsen Wins First Global Regulatory Review in Japan for Chronic Hepatitis B
Feb 26, 2026
On 26 February 2026, GSK announced that Japan’s Ministry of Health, Labour and Welfare accepted for review a new drug application for bepirovirsen, an investigational antisense oligonucleotide for adults with chronic hepatitis B. This repres...
GSK’s Linerixibat Wins Priority Review in China for PBC-Related Itch
Feb 26, 2026
GSK plc said on 26 February 2026 that China’s National Medical Products Administration has accepted its new drug application for linerixibat for priority review to treat cholestatic pruritus in patients with primary biliary cholangitis, a ra...
GSK Expands February Buyback, Lifts Treasury Stake to 5.97%
Feb 26, 2026
On 25 February 2026, GSK plc repurchased 455,000 ordinary shares at a volume-weighted average price of 2,209.58 pence, as part of its ongoing share buyback programme executed through BNP Paribas. The shares will be held in treasury, lifting treasu...
GSK Discloses Pension Plan ADS Purchase by Chief People Officer
Feb 25, 2026
On 13 February 2026, GSK disclosed that Chief People Officer Diana Conrad acquired American Depositary Shares in the company through a GSK pension plan transaction on the New York Stock Exchange. The purchase, documented in a Form 6-K filed on 25 ...
GSK Discloses February Director Share Acquisition via 401(k) Dividend Reinvestment
Feb 25, 2026
On 20 February 2026, GSK plc reported that non-executive director Dr Hal Barron acquired 64 American Depositary Shares in the company at a price of $59.52 each through his GSK 401(k) plan, following the reinvestment of dividends. The small directo...
GSK Expands February 2026 Share Buyback, Lifts Treasury Holdings to Nearly 6%
Feb 25, 2026
On 24 February 2026, GSK plc repurchased 477,000 of its 31¼ pence ordinary shares on the London Stock Exchange and Cboe Europe venues at prices between 2,175p and 2,217p, with a volume-weighted average of 2,200.50p per share. The shares, acqu...
GSK to Acquire 35Pharma in $950 Million Pulmonary Hypertension Bet
Feb 25, 2026
On 25 February 2026, GSK announced an agreement to acquire Canada-based 35Pharma Inc., a private clinical-stage biopharmaceutical company developing novel TGF-beta superfamily therapeutics, for $950 million in cash, subject to customary regulatory...
GSK Discloses February 20 Executive Notional ADS Acquisitions via Dividend Reinvestment
Feb 24, 2026
On 20 February 2026, GSK reported that non-executive director Dr Hal Barron acquired 2,007.552 notional American Depositary Shares in his Executive Supplemental Savings Plan through the reinvestment of dividends at a price of $59.52 per ADS. On th...
GSK Boosts Treasury Stock With Fresh Buybacks, Updates Voting Rights
Feb 24, 2026
On 23 February 2026 GSK repurchased 462,000 ordinary shares at prices between 2,184p and 2,213p, at a volume‑weighted average of 2,200.95p, via BNP Paribas under its existing share buyback programme. The shares will be held in treasury, brin...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.