Gilead Sciences - GILD Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gilead Sciences in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GILD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GILD, but not buy additional shares or sell existing shares.
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14 analysts have issued 1-year price objectives for Gilead Sciences' stock. Their GILD share price forecasts range from $56.00 to $90.00. On average, they predict the company's stock price to reach $72.40 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
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Gilead Sciences' stock was trading at $72.61 at the start of the year. Since then, GILD shares have decreased by 9.9% and is now trading at $65.44.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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Gilead Sciences, Inc. (NASDAQ:GILD) released its quarterly earnings data on Thursday, October, 28th. The biopharmaceutical company reported $2.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.72 by $0.93. The biopharmaceutical company earned $7.42 billion during the quarter, compared to analyst estimates of $6.31 billion. Gilead Sciences had a net margin of 15.03% and a trailing twelve-month return on equity of 42.92%. The business's revenue for the quarter was up 12.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.11 earnings per share.
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Gilead Sciences announced a quarterly dividend on Tuesday, August 2nd. Investors of record on Thursday, September 15th will be given a dividend of $0.73 per share on Thursday, September 29th. This represents a $2.92 annualized dividend and a dividend yield of 4.46%. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for GILD.

Gilead Sciences (NASDAQ:GILD) pays an annual dividend of $2.92 per share and currently has a dividend yield of 4.42%. GILD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 89.02%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GILD will have a dividend payout ratio of 46.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GILD.

Gilead Sciences issued an update on its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share guidance of $6.35-$6.75 for the period, compared to the consensus earnings per share estimate of $6.57. The company issued revenue guidance of $24.50 billion-$25.00 billion, compared to the consensus revenue estimate of $24.57 billion.

107 employees have rated Gilead Sciences Chief Executive Officer Daniel O’Day on Glassdoor.com. Daniel O’Day has an approval rating of 92% among the company's employees. This puts Daniel O’Day in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gilead Sciences investors own include NVIDIA (NVDA), Walt Disney (DIS), Micron Technology (MU), Intel (INTC), Alibaba Group (BABA), Pfizer (PFE), Tesla (TSLA), AbbVie (ABBV), Netflix (NFLX) and Johnson & Johnson (JNJ).

Gilead Sciences trades on the NASDAQ under the ticker symbol "GILD."

Gilead Sciences' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State Street Corp (4.62%), Dodge & Cox (2.95%), Northern Trust Corp (1.22%), Renaissance Technologies LLC (1.07%), Parnassus Investments LLC (0.93%) and UBS Asset Management Americas Inc. (0.74%). Insiders that own company stock include Brett A Pletcher, Diane E Wilfong, Diane E Wilfong, Gayle E Wilson, Javier Rodriguez, Johanna Mercier, John Francis Cogan, Merdad Parsey, Olsen Per Wold and Richard James Whitley.
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Shares of GILD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GILD stock can currently be purchased for approximately $65.44.

Gilead Sciences (NASDAQ:GILD) has a market capitalization of $82.02 billion and generates $27.31 billion in revenue each year. The biopharmaceutical company earns $6.23 billion in net income (profit) each year or $3.28 on an earnings per share basis.

The company employs 14,400 workers across the globe.

Gilead Sciences was founded in 1987.

Gilead Sciences' mailing address is 333 LAKESIDE DRIVE, FOSTER CITY CA, 94404. The official website for the company is www.gilead.com. The biopharmaceutical company can be reached via phone at (650) 574-3000, via email at investor_relations@gilead.com, or via fax at 650-578-9264.