Gilead SciencesGILD
About: Gilead Sciences develops and markets therapies to treat life-threatening infectious diseases, with the core of its portfolio focused on HIV and hepatitis B and C. Gilead's acquisition of Pharmasset brought rights to hepatitis C drug Sovaldi, which is also part of newer combination regimens that remain standards of care. Gilead is also growing its presence in the oncology market via acquisitions, led by CAR-T cell therapy Yescarta/Tecartus (from Kite) and breast and bladder cancer therapy Trodelvy (from Immunomedics).
Employees: 18,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
31% more funds holding in top 10
Funds holding in top 10: 13 [Q2] → 17 (+4) [Q3]
17% more capital invested
Capital invested by funds: $73B [Q2] → $85.7B (+$12.7B) [Q3]
3% more call options, than puts
Call options by funds: $958M | Put options by funds: $928M
2% more first-time investments, than exits
New positions opened: 163 | Existing positions closed: 160
0% more funds holding
Funds holding: 1,642 [Q2] → 1,645 (+3) [Q3]
2.47% less ownership
Funds ownership: 84.72% [Q2] → 82.25% (-2.47%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 597 | Existing positions reduced: 670
Research analyst outlook
25 Wall Street Analysts provided 1 year price targets over the past 3 months
25 analyst ratings
Wolfe Research Alexandria Hammond 0% 1-year accuracy 0 / 1 met price target | 24%upside $110 | Outperform Initiated | 15 Nov 2024 |
Citigroup Geoff Meacham 42% 1-year accuracy 10 / 24 met price target | 41%upside $125 | Buy Initiated | 14 Nov 2024 |
Truist Securities Asthika Goonewardene 38% 1-year accuracy 10 / 26 met price target | 10%upside $97 | Hold Maintained | 8 Nov 2024 |
Oppenheimer Hartaj Singh 43% 1-year accuracy 12 / 28 met price target | 19%upside $105 | Outperform Maintained | 7 Nov 2024 |
BMO Capital Evan Seigerman 47% 1-year accuracy 7 / 15 met price target | 15%upside $102 | Outperform Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 39 articles about GILD published over the past 30 days