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Stockchase Opinions

Joe TerranovaRegeneron Pharmaceuticals IncREGNBUYDec 22, 2023

An analyst upgraded this to $1,025, a very long way to go. He's gained 40% in this himself. It's reasonable at a 24x PE and enjoys momentum. Sees nothing to derail this.

N/A

Stock price when the opinion was issued

$608.50

As of Jun 18, 2026. Market Open.

Pharma & Healthcare
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DON'T BUY

The momentum is waning, and last quarter revenue growth was only 14%. They're coming to the end of the road.

BUY

Shares are down in the past 24 hours due to a delay in a drug approval. But another drug remains strong in sales, and they have double-digit in oncology drugs in trials. A great science company.

WEAK BUY

A quality company. Trades at 17x. The FDA is delaying approval of a drug, but that is correctable because the issue isn't about safety or efficacy.

BUY

Trades at 19x earnings, but have a huge drug pipeline.

BUY
Was upgraded today. He regrets not owning it. Great managers. Owning a biotech ETF like XBI is fine for risk management. Healthcare is recession-resistant and he loves it.
HOLD
She wishes that today's upgrade had come earlier. 2023 earnings will be flat, not great, but they have some new drugs will drive earnings in the future. This stock could do nothing for a while, but nothing wrong to hold it; earnings may stay flat.
STRONG BUY
His favourite stock in his favourite sector. It is up 18% YTD.
BUY
It trades at 13x earnings. Their pipeline is really good but was under pressure given drug pricing issues. This has outperformed the market this year. They have a strong pipeline of drugs and trades at an attractive valuation.
BUY
Healthcare is his biggest sector. HC is seeing the classic shift to defensives as inflation peaks. Also, HC trades at only 18x while utilities and staples trade at 21x, so it's the cheapest defensive. He owns Pfizer, UNH and Regeneron.
HOLD
Large cap biotech. Its two franchises are dominant: macular degeneration and atopic dermatitis. One of the best at R&D. Proven ability to execute. One of the better growth profiles for next 3-5 years. Bit of volatility around reimbursement. Decent valuation. No dividend.
COMMENT
They report Friday. Sells at 11x earnings. They have drugs for asthma and other illnesses.
BUY
On Monday, they host an investors' event to showcase their work in RNA-based therapies and gene editing. Though it's a biotech, REGN is profitable and trades at a low PE. It trades on earnings and not future sales. If they tell a great story next week, he expects this stock to break out to an all-time high.
BUY
Not only REGN, but all healthcare stocks, like Bristol-Myers and Merck, have been under pressure. REGN is a great stock and worth holding long-term.
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Curated by Michael O'Reilly since 2020.
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PAST TOP PICK
(A Top Pick Nov 23/20, Up 9.6%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with REGN has triggered its stop at $565. To remain disciplined, we recommend covering the position at this time. Combined with the previous recommendation to cover half the position, this results in a net investment gain of 15%.