NASDAQ:ALXNAlexion Pharmaceuticals Stock Price, Forecast & News

Alexion Pharmaceuticals' stock was trading at $83.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ALXN stock has increased by 29.6% and is now trading at $108.57. View which stocks have been most impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alexion Pharmaceuticals in the last year. There are currently 1 sell rating, 6 hold ratings, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Alexion Pharmaceuticals.

Alexion Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Alexion Pharmaceuticals.

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) announced its quarterly earnings results on Wednesday, May, 6th. The biopharmaceutical company reported $3.22 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.71 by $0.51. The biopharmaceutical company earned $1.44 billion during the quarter, compared to the consensus estimate of $1.36 billion. Alexion Pharmaceuticals had a return on equity of 21.96% and a net margin of 44.83%. The company's quarterly revenue was up 26.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.39 earnings per share. View Alexion Pharmaceuticals' earnings history.

Alexion Pharmaceuticals issued an update on its FY20 earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of $10.45-$10.75 for the period, compared to the Thomson Reuters consensus estimate of $10.96. The company issued revenue guidance of $5.23-$5.33 billion, compared to the consensus revenue estimate of $5.51 billion.

24 brokers have issued 12-month price objectives for Alexion Pharmaceuticals' shares. Their forecasts range from $110.00 to $180.00. On average, they expect Alexion Pharmaceuticals' stock price to reach $143.95 in the next twelve months. This suggests a possible upside of 32.6% from the stock's current price. View analysts' price targets for Alexion Pharmaceuticals.

News headlines about ALXN stock have trended somewhat negative on Tuesday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Alexion Pharmaceuticals earned a news impact score of -1.5 on InfoTrie's scale. They also assigned media stories about the biopharmaceutical company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Alexion Pharmaceuticals.

Alexion Pharmaceuticals saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 4,500,000 shares, a decrease of 5.3% from the May 31st total of 4,750,000 shares. Based on an average daily volume of 2,620,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 2.1% of the company's shares are short sold. View Alexion Pharmaceuticals' Current Options Chain.

Some companies that are related to Alexion Pharmaceuticals include Amgen (AMGN), Gilead Sciences (GILD), Celgene (CELG), Vertex Pharmaceuticals (VRTX), Regeneron Pharmaceuticals (REGN), Biogen (BIIB), Seattle Genetics (SGEN), Incyte (INCY), BioMarin Pharmaceutical (BMRN), Alnylam Pharmaceuticals (ALNY), EXACT Sciences (EXAS), Neurocrine Biosciences (NBIX), Immunomedics (IMMU), Ionis Pharmaceuticals (IONS) and Exelixis (EXEL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alexion Pharmaceuticals investors own include Alibaba Group (BABA), Gilead Sciences (GILD), NVIDIA (NVDA), Netflix (NFLX), Micron Technology (MU), Celgene (CELG), AbbVie (ABBV), Walt Disney (DIS), Visa (V) and Biogen (BIIB).

Alexion Pharmaceuticals trades on the NASDAQ under the ticker symbol "ALXN."

Alexion Pharmaceuticals' stock is owned by a variety of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.34%), Factory Mutual Insurance Co. (0.33%), Envestnet Asset Management Inc. (0.11%), Vigilant Capital Management LLC (0.04%), State of Alaska Department of Revenue (0.03%) and Moody National Bank Trust Division (0.01%). Company insiders that own Alexion Pharmaceuticals stock include Aradhana Sarin, Bros Advisors Lp Baker, Daniel Bazarko, Indrani Lall Franchini and Ludwig Hantson. View institutional ownership trends for Alexion Pharmaceuticals.

ALXN stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Factory Mutual Insurance Co., IFM Investors Pty Ltd, Exane Derivatives, CENTRAL TRUST Co, Private Trust Co. NA, Fulton Bank N. A., and IBM Retirement Fund. View insider buying and selling activity for Alexion Pharmaceuticals.

ALXN stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., State of Alaska Department of Revenue, Cullinan Associates Inc., TrimTabs Asset Management LLC, Contravisory Investment Management Inc., Sanders Morris Harris LLC, Canandaigua National Corp, and Cypress Capital Group. View insider buying and selling activity for Alexion Pharmaceuticals.

Shares of ALXN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ALXN stock can currently be purchased for approximately $108.57.

Alexion Pharmaceuticals has a market capitalization of $23.98 billion and generates $4.99 billion in revenue each year. The biopharmaceutical company earns $2.40 billion in net income (profit) each year or $9.74 on an earnings per share basis. Alexion Pharmaceuticals employs 3,082 workers across the globe.

The official website for Alexion Pharmaceuticals is www.alexion.com.

Alexion Pharmaceuticals' mailing address is 121 SEAPORT BOULEVARD, BOSTON MA, 02210. The biopharmaceutical company can be reached via phone at 475-230-2596 or via email at [email protected]