PfizerPFE
Market Cap: $162B
About: Pfizer is one of the world's largest pharmaceutical firms, with annual sales close to $50 billion (excluding COVID-19 product sales). While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, and cardiovascular treatment Eliquis. Pfizer sells these products globally, with international sales representing close to 50% of total sales. Within international sales, emerging markets are a major contributor.
Employees: 88,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3% more funds holding in top 10
Funds holding in top 10: 30 [Q1] → 31 (+1) [Q2]
0% less capital invested
Capital invested by funds: $105B [Q1] → $105B (-$121M) [Q2]
1% less funds holding
Funds holding: 2,807 [Q1] → 2,788 (-19) [Q2]
6% less repeat investments, than reductions
Existing positions increased: 1,143 | Existing positions reduced: 1,214
8% less first-time investments, than exits
New positions opened: 206 | Existing positions closed: 225
1.44% less ownership
Funds ownership: 67.34% [Q1] → 65.91% (-1.44%) [Q2]
40% less call options, than puts
Call options by funds: $2.35B | Put options by funds: $3.89B
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Cantor Fitzgerald Louise Chen 70% 1-year accuracy 112 / 159 met price target | 58%upside $45 | Overweight Reiterated | 19 Aug 2024 |
Daiwa Capital Narumi Nakagiri 33% 1-year accuracy 1 / 3 met price target | 19%upside $34 | Outperform Upgraded | 8 Aug 2024 |
Barclays Carter Gould 64% 1-year accuracy 21 / 33 met price target | 12%upside $32 | Equal-Weight Maintained | 31 Jul 2024 |
Wells Fargo Mohit Bansal 76% 1-year accuracy 13 / 17 met price target | 5%upside $30 | Equal-Weight Maintained | 31 Jul 2024 |
Cantor Fitzgerald Louise Chen 70% 1-year accuracy 112 / 159 met price target | 58%upside $45 | Overweight Reiterated | 31 Jul 2024 |
Financial journalist opinion
Based on 83 articles about PFE published over the past 30 days