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Added to YB: 2024-02-16

Pitch date: 2024-02-15

GILD [bullish]

Gilead Sciences, Inc.

+75.31%

current return

Author Info

No bio for this author

Company Info

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Market Cap

$150.4B

Pitch Price

$68.68

Price Target

128.00 (+6%)

Dividend

2.61%

EV/EBITDA

11.52

P/E

18.87

EV/Sales

5.66

Sector

Biotechnology

Category

turnaround

Show full summary:
Gilead Sciences: 2024 Catalysts Should Drive Growth And Change In Sentiment

GILD: Flat since 2015 but bullish on 2024 turnaround - growth via earnings, drug approvals, pipeline, dividends. $4.3B Cymbal deal = long-term liver disease focus. Low 10.47 P/E near trough, 12 qtrs of growth. DCF = safety margin, $128 PT by 2027 w/ 16 P/E on projected EPS. Patience key.

Read full article (5 min)