Pfizer and Moderna’s push to market their vaccines to young children has largely failed. Canada also announced yesterday that it had signed an agreement with Moderna to purchase 12 million doses of the company’s bivalent vaccine. Unlike Moderna, Pfizer had an established reputation at the start of the pandemic and a diverse pipeline that included oncology and cardiac drugs. Moderna also signed $20 billion worth of vaccine contracts for the second half of the year, which included 17 million doses for the UK, 460 million for the EU, and 500 million for the U.S. Among these firms were Pfizer and Moderna , undoubtedly the two biggest “winners” of the pandemic, who saw their profits skyrocket as a result of government contracts to supply mRNA vaccines. The prospect of a faster recovery in global economic activity triggered strong gains in oil prices. Futures prices for a barrel of West Texas Intermediate crude oil, the North American benchmark, rose by 9% to $40.58, while the North Sea equivalent, Brent crude, gained 8% to $42.71.

  • The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
  • It then went on a negative spiral that printed lows of circa $25 in March 2020 as the coronavirus pandemic took its grip globally.
  • Comirnaty , used to vaccinate against COVID-19, with nearly $13.0 billion in revenue from direct sales and alliance revenues.
  • For alternatives and a step-by-step guide to buying Pfizer shares, read this handy guide.
  • Brokerage account, you’ll need one to buy Pfizer or any other stock.

The Consumer Healthcare joint venture with Glaxo and the merger of Upjohn unit with Mylan has made Pfizer a smaller company with a diversified portfolio of innovative drugs and vaccines. Pfizer Inc. develops, manufactures and sells healthcare products, including innovative medicines and vaccines. Its key focus areas include oncology, inflammation & immunology, rare disease, vaccines and internal medicine. The company was founded by Charles Pfizer Sr. and Charles Erhart in 1849 and is headquartered in New York, NY. 14 brokers have issued 1-year price objectives for Pfizer’s stock.


According to analysts’ consensus price target of $56.47, Pfizer has a forecasted upside of 14.7% from its current price of $49.21. Treat your portfolio by trading the PFE stock price with AvaTrade. Pfizer has, over the years, experienced success with hit products such as Viagra and Lipitor. However, miss products in the medical space, where rigorous and expensive testing, verification and approval is required, can result in massive losses for the company. For instance, Pfizer announced in 2006 that it lost $1 billion after cancelling the development of Torcetrapib, a heart drug. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment.

The Barchart Technical Opinion rating is a 24% Buy with a Average short term outlook on maintaining the current direction. The bearishness surrounding these stocks might not last for long. Novavax claims that GAVI’s failure to procure its COVID vaccine doses is PFE stock price today a reason to terminate the supply agreement. GAVI denies the company’s claims and a legal battle is likely to follow. As the Fed’s aggressive monetary policy resulted in slightly cooled inflation last month, investors are hopeful of smaller rate hikes ahead.

Thomson Reuters Products

Since then, PFE shares have decreased by 16.7% and is now trading at $49.21. Based on earnings estimates, Pfizer will have a dividend payout ratio of 32.99% next year. This indicates that Pfizer will be able to sustain or increase its dividend. PFE stock price today This payout ratio is at a healthy, sustainable level, below 75%. 0.97% of the outstanding shares of Pfizer have been sold short. The company’s average rating score is 2.36, and is based on 5 buy ratings, 9 hold ratings, and no sell ratings.

You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions. Commission is a fee, based on the traded volume or a flat fee per trade. Now that you have mastered the 5 steps of buying shares, take a moment to look at the top 3 brokers we are recommending to you. If you plan to sell it shortly after you see some increase in the price, you might use different position management tools. E.g. you can set the target price at which you want to sell the share with a profit, or use the stop-loss to set a price at which you want to sell the share to avoid further losses.

Vaccine Development

However, the company’s sales of its Covid-19 vaccine, Comirnaty, far surpassed those for any of its other products. In 2021, Pfizer recorded sales of $11.3 billion in the first half of the year and $26 billion in the second half – leading to a whopping total of $37 billion. By the midway point of 2021, federal agencies had invested around $6 billion in the company’s vaccine effort, helping the pharmaceutical giant achieve sales of around $6 billion ($4 billion in profit) in the first half of the year.

The Wall Street Journal

Shares outstanding can be defined as the number of shares held by shareholders assuming conversion of all convertible debt, securities, warrants and options. This metric excludes the company’s treasury shares.Pfizer shares outstanding for the quarter ending September 30, 2022 were 5.718B, a 0.12% decline year-over-year. Forex news The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Pfizer’s vaccine sales have not waned as many analysts predicted.

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As the current COVID-19 vaccines and boosters target the original type of COVID-19 discovered in late 2019, they are considered “monovalent” vaccines dotbig and must be modified to match the current strains. Currently, Pfizer’s share price sits at $48, up nearly 18 points from the start of the pandemic.

Stopping this pandemic will require using all tools available. Wearing masks, hand washing, and social distancing help lower your chance of being exposed to the virus or spreading it to others. A vaccine will help your body fight the virus if you are exposed. Pfizer, Moderna, and the Novavax COVID-19 vaccines require two shots. All four vaccines have been approved by New York State’s independent Clinical Advisory Task Force. Asked if biotech valuations are more appealing now given how much stocks have been punished, he said, “In general they are cheaper, but those that you want to buy, they are not,” Bourla quipped. Since its founding, Johnson & Johnson has been committed to helping people across the globe live healthier lives.

Pfizer became a public company in 1942 and is listed on the NYSE, where it trades under the ticker symbolPFE. It falls under the Healthcare sector, under the Drug Manufacturers-General. The company has been a mainstay component of the S&P 100 and the S&P 500. To bolster its research and drug generation efforts, Pfizer has always maintained an active portfolio throughout the Forex years to cement its status as a major player in the healthcare industry. The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. Gyula Lencsés, CFA has more than 10 years of experience in the financial industry.

Headquartered in New York City, Pfizer is one of the largest research-based pharmaceutical companies in the world as of October 2020. The company discovers, develops and sells medicines and vaccines that help both humans and animals advance their health as well as prevent, treat and cure various types of diseases.

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