Vertex Pharmaceuticals Future Growth

Future criteria checks 4/6

Vertex Pharmaceuticals is forecast to grow earnings and revenue by 46.4% and 9.5% per annum respectively. EPS is expected to grow by 46.5% per annum. Return on equity is forecast to be 17.7% in 3 years.

Key information

46.4%

Earnings growth rate

46.5%

EPS growth rate

Biotechs earnings growth	0%
Revenue growth rate	9.5%
Future return on equity	17.7%
Analyst coverage	Good
Last updated	19 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BMV:VRTX * - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	13,019	4,929	6,295	5,809	22
12/31/2025	11,775	4,252	5,551	4,963	30
12/31/2024	10,764	-531	2,286	618	30
6/30/2024	10,337	-490	-1,426	-944	N/A
3/31/2024	10,185	4,019	3,479	3,944	N/A
12/31/2023	9,869	3,620	3,279	3,537	N/A
9/30/2023	9,654	3,470	4,205	4,381	N/A
6/30/2023	9,505	3,365	3,879	4,068	N/A
3/31/2023	9,208	3,260	3,890	4,074	N/A
12/31/2022	8,931	3,322	3,925	4,130	N/A
9/30/2022	8,701	3,273	3,814	4,047	N/A
6/30/2022	8,350	3,195	3,787	4,018	N/A
3/31/2022	7,948	2,451	2,451	2,679	N/A
12/31/2021	7,574	2,342	2,409	2,644	N/A
9/30/2021	7,130	2,176	1,919	2,140	N/A
6/30/2021	6,684	1,992	1,777	2,121	N/A
3/31/2021	6,415	2,762	3,048	3,359	N/A
12/31/2020	6,206	2,712	2,994	3,254	N/A
9/30/2020	5,991	2,691	2,979	3,208	N/A
6/30/2020	5,403	2,081	2,557	2,635	N/A
3/31/2020	4,819	1,511	1,983	2,060	N/A
12/31/2019	4,163	1,177	1,494	1,569	N/A
9/30/2019	3,620	2,144	1,363	1,438	N/A
6/30/2019	3,454	2,215	1,413	1,484	N/A
3/31/2019	3,265	2,155	1,258	1,342	N/A
12/31/2018	3,048	2,096	1,175	1,270	N/A
9/30/2018	2,829	647	1,060	1,183	N/A
6/30/2018	2,623	415	682	972	N/A
3/31/2018	2,415	226	N/A	832	N/A
12/31/2017	2,489	263	N/A	845	N/A
9/30/2017	2,296	196	N/A	762	N/A
6/30/2017	2,131	259	N/A	658	N/A
3/31/2017	2,019	177	N/A	517	N/A
12/31/2016	1,702	-112	N/A	236	N/A
9/30/2016	1,661	-219	N/A	121	N/A
6/30/2016	1,557	-275	N/A	-7	N/A
3/31/2016	1,292	-399	N/A	-158	N/A
12/31/2015	1,032	-556	N/A	-365	N/A
9/30/2015	759	-659	N/A	-576	N/A
6/30/2015	628	-734	N/A	-602	N/A
3/31/2015	600	-704	N/A	-620	N/A
12/31/2014	580	-738	N/A	-573	N/A
9/30/2014	787	-582	N/A	-362	N/A
6/30/2014	830	-530	N/A	-289	N/A
3/31/2014	1,002	-428	N/A	-162	N/A
12/31/2013	1,212	-504	N/A	-61	N/A
9/30/2013	1,195	-559	N/A	-40	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VRTX * is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.9%).

Earnings vs Market: VRTX * is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VRTX * is expected to become profitable in the next 3 years.

Revenue vs Market: VRTX *'s revenue (9.5% per year) is forecast to grow faster than the MX market (7.1% per year).

High Growth Revenue: VRTX *'s revenue (9.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VRTX *'s Return on Equity is forecast to be low in 3 years time (17.7%).

Vertex Pharmaceuticals Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Vertex Pharmaceuticals Incorporated Raises Earnings Guidance for the Full Year 2024

Vertex Pharmaceuticals Incorporated Re-Iterates Earnings Guidance for the Full Year 2024

Vertex Pharmaceuticals Incorporated Provides Product Revenue Guidance for the Full Year 2024

Vertex Pharmaceuticals Incorporated Revises Revenue Guidance for the Fiscal 2022

Vertex Pharmaceuticals Incorporated Reiterates Earning Guidance for 2022

Vertex Pharmaceuticals Incorporated Provides Full Year 2022 Financial Guidance

Recent updates

Second quarter 2024 earnings released: US$13.92 loss per share (vs US$3.55 profit in 2Q 2023)

Vertex Pharmaceuticals Incorporated Raises Earnings Guidance for the Full Year 2024

Vertex Pharmaceuticals Incorporated Announces FDA Acceptance of New Drug Application for Suzetrigine for the Treatment of Moderate-To-Severe Acute Pain

Vertex Pharmaceuticals Incorporated Announces Health Canada Grants Marketing Authorization for Trikafa® for People with Cystic Fibrosis Aged 2 Years and Older with Certain Rare Mutations

Vertex Pharmaceuticals Incorporated to Report Q2, 2024 Results on Aug 01, 2024

Vertex Pharmaceuticals, Inc. Announces Positive Results from Ongoing Phase 1/2 Study of VX-880 for the Treatment of Type 1 Diabetes

Investor sentiment improves as stock rises 19%

Vertex Pharmaceuticals Incorporated (NasdaqGS:VRTX) completed the acquisition of Alpine Immune Sciences, Inc. (NasdaqGM:ALPN) from a group of shareholders.

Vertex Pharmaceuticals Incorporated Appoints Jennifer Schneider as Independent Director

Vertex Pharmaceuticals Incorporated Re-Iterates Earnings Guidance for the Full Year 2024

First quarter 2024 earnings released: EPS: US$4.26 (vs US$2.72 in 1Q 2023)

Vertex Pharmaceuticals Announces European Commission Approval for KALYDECO to Treat Infants with Cystic Fibrosis Ages 1 Month and Older

Vertex Pharmaceuticals Incorporated (NasdaqGS:VRTX) entered into an agreement to acquire Alpine Immune Sciences, Inc. (NasdaqGM:ALPN) from a group of shareholders for approximately $4.3 billion.

Vertex Pharmaceuticals Incorporated to Report Q1, 2024 Results on May 06, 2024

Vertex Pharmaceuticals Incorporated, Annual General Meeting, May 15, 2024

Vertex Pharmaceuticals Incorporated Announces New Drug Submission for Exagamglogene Autotemcel (Exa-Cel) Accepted for Priority Review by Health Canada for the Treatment of Sickle Cell Disease and Transfusion-Dependent Beta Thalassemia

Vertex Pharmaceuticals Receives CHMP Positive Opinion for KALYDECO for the Treatment of Infants with Cystic Fibrosis Ages 1 Month and Older

European Commission Approves First CRISPR/Cas9 Gene-Edited Therapy, CASGEVY™ (exagamglogene autotemcel), for the Treatment of Sickle Cell Disease and Transfusion-Dependent Beta Thalassemia

Vertex Pharmaceuticals Incorporated Announces Positive Results from Pivotal Trials of Vanza Triple Combination Treatment for Cystic Fibrosis

Full year 2023 earnings released: EPS: US$14.05 (vs US$12.97 in FY 2022)

Vertex Pharmaceuticals Incorporated Provides Product Revenue Guidance for the Full Year 2024

Vertex Announces Positive Results from the VX-548 Phase 3 Program for the Treatment of Moderate-To-Severe Acute Pain

Vertex Pharmaceuticals Incorporated to Report Q4, 2023 Results on Feb 05, 2024

Vertex Pharmaceuticals Incorporated Announces US FDA Approval of CASGEVY™ (Exagamglogene Autotemcel) for the Treatment of Transfusion-Dependent Beta Thalassemia

Vertex Pharmaceuticals Incorporated Announces Approval of First CRISPR/Cas9 Gene-Edited Therapy, CASGEVY™, for the Treatment of Sickle Cell Disease and Transfusion-Dependent Beta Thalassemia in Kingdom of Saudi

Investor sentiment improves as stock rises 16%

Vertex Pharmaceuticals Incorporated Receives CHMP Positive Opinion for the First CRISPR/Cas9 Gene-Edited Therapy, CASGEVY (Exagamglogene Autotemcel), for the Treatment of Sickle Cell Disease and Transfusion-Dependent Beta Thalassemia

Vertex Pharmaceuticals Incorporated Announces Positive Results From Phase 2 Study of VX-548 for the Treatment of Painful Diabetic Peripheral Neuropathy

CRISPR Therapeutics AG and Vertex Pharmaceuticals Incorporated Announce Receipt of the First-Ever Approval of a CRISPR-Based Gene-editing Therapy in the United States

Vertex Pharmaceuticals Incorporated Appoints Nancy Thornberry to Its Board of Directors as an Independent Director

Health Canada Grants Market Authorization for KALYDECO® (ivacaftor) for Eligible Children With Cystic Fibrosis Ages 2 Months and Older

Vertex Pharmaceuticals Incorporated Announces European Commission Approves KAFTRIO® in Combination With Ivacaftor for the Treatment of Children With Cystic Fibrosis Ages 2 Through 5

Vertex Pharmaceuticals Incorporated Announces United Kingdom Medicines and Healthcare Products Regulatory Agency Granted Conditional Marketing Authorization for CASGEVY

Third quarter 2023 earnings released: EPS: US$4.01 (vs US$3.63 in 3Q 2022)

Now 21% undervalued

Vertex Pharmaceuticals Incorporated Announces Health Canada Grants Market Authorization for TRIKAFTA® (elexacaftor/tezacaftor/ivacaftor and ivacaftor) in Children With Cystic Fibrosis Ages 2 To 5 Years With at Least One F508del Mutation

Vertex Pharmaceuticals Incorporated to Report Q3, 2023 Results on Nov 06, 2023

Vertex Pharmaceuticals Incorporated Appoints Michel Lagarde to Its Board of Directors

Vertex Pharmaceuticals Incorporated Receives Chmp Positive Opinion for Kaftrio® (Ivacaftor/Tezacaftor/Elexacaftor) in Combination with Ivacaftor for Children with Cystic Fibrosis Ages 2 Through 5

Vertex Pharmaceuticals Incorporated Appoints E. Morrey Atkinson, Ph.D., as Executive Vice President, Chief Technical Operations Officer, Head of Biopharmaceutical Sciences and Manufacturing Operations

Vertex Pharmaceuticals Incorporated Announces Publication of VX-548 Positive Phase 2, Proof-of-Concept Results in New England Journal of Medicine

Second quarter 2023 earnings released: EPS: US$3.55 (vs US$3.17 in 2Q 2022)

Vertex Pharmaceuticals Incorporated Announces European Commission Approval for ORKAMBI® (Lumacaftor/Ivacaftor) for the Treatment of Children with Cystic Fibrosis Ages 1 to <2 Years Old

Insufficient new directors

Vertex Pharmaceuticals Incorporated Presents Positive VX-880 Results From Ongoing Phase 1/2 Study in Type 1 Diabetes at the American Diabetes Association 83rd Scientific Sessions

Vertex Pharmaceuticals Incorporated and Crispr Therapeutics Announces Positive Results from Pivotal Trials of Exa-Cel for Transfusion-Dependent Beta Thalassemia and Severe Sickle Cell Disease

Vertex Pharmaceuticals Incorporated and CRISPR Therapeutics Announce FDA Accepts Biologics License Applications for Exagamglogene Autotemcel (Exa-Cel) for Severe Sickle Cell Disease and Transfusion-Dependent Beta Thalassemia

First quarter 2023 earnings released: EPS: US$2.72 (vs US$2.99 in 1Q 2022)

Full year 2022 earnings released: EPS: US$12.97 (vs US$9.09 in FY 2021)

Vertex Pharmaceuticals Incorporated (NasdaqGS:VRTX) announces an Equity Buyback for $3,000 million worth of its shares.

Vertex Pharmaceuticals Incorporated to Report Q4, 2022 Results on Feb 07, 2023

Now 21% undervalued after recent price drop

Now 21% undervalued

Now 20% undervalued

Now 22% undervalued

Vertex Pharmaceuticals Incorporated Announces to Present New Data on its Portfolio of Cystic Fibrosis Medicines at 2022 North American Cystic Fibrosis Conference

Third quarter 2022 earnings released: EPS: US$3.63 (vs US$3.30 in 3Q 2021)

Vertex Pharmaceuticals Incorporated Revises Revenue Guidance for the Fiscal 2022

Vertex Pharmaceuticals Incorporated to Report Q3, 2022 Results on Oct 27, 2022

Vertex Pharmaceuticals Incorporated Advances Program Targeting Alpha-1 Antitrypsin Deficiency

Vertex Pharmaceuticals Incorporated and CRISPR Therapeutics Announce Global exa-cel Regulatory Submissions for Sickle Cell Disease and Beta Thalassemia in 2022

Vertex Pharmaceuticals Incorporated Appoints Jonathan Biller as Chief Legal Officer, Effective September 19, 2022

Vertex Pharmaceuticals Incorporated Appoints Jonathan Biller as Chief Legal Officer, Effective September 19, 2022

Vertex Announces U.S. FDA Approval for Orkambi® (Lumacaftor/Ivacaftor) in Children with Cystic Fibrosis Ages 12 to <24 Months

Second quarter 2022 earnings released: EPS: US$3.17 (vs US$0.26 in 2Q 2021)

Vertex Pharmaceuticals Incorporated Reports Unaudited Intangible Asset Impairment Charge for the Three Months Ended June 30, 2022

Vertex Advances VX-548 in Acute and Neuropathic Pain

Vertex Pharmaceuticals Incorporated to Report Q2, 2022 Results on Aug 04, 2022

Vertex Pharmaceuticals Incorporated (NasdaqGS:VRTX) entered into a definitive agreement to acquire ViaCyte, Inc. from Sanderling Ventures, RA Capital Management, L.P., The Invus Group, LLC, Asymmetry Ventures LLC and others for approximately $320 million.