Gilead Sciences, Inc.

NasdaqGS:GILD Stock Report

Market Cap: US$165.7b

Gilead Sciences Dividends and Buybacks

Dividend criteria checks 5/6

Gilead Sciences is a dividend paying company with a current yield of 2.41% that is well covered by earnings.

Key information

2.4%

Dividend yield

0.9%

Buyback Yield

Total Shareholder Yield3.3%
Future Dividend Yield2.2%
Dividend Growth7.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio46%

Recent dividend and buyback updates

Recent updates

Narrative Update May 01

GILD: Future Returns Will Hinge On Executing Oncology And ADC Acquisitions

Analysts have raised the Gilead Sciences fair value estimate by about $2 to $128.42 per share, supported by refreshed models that reflect updated revenue growth, profitability, and future P/E assumptions following a wave of higher Street price targets. Analyst Commentary Street research on Gilead has tilted constructive in recent weeks, with several firms lifting price targets and at least one new Buy rating added.
Seeking Alpha Apr 20

Gilead Sciences: Why I'm Tempted To Sell Ahead Of Q1 Earnings - But Won't

Summary Gilead Sciences, Inc. remains heavily reliant on its dominant HIV division, which drives recent share price growth and provides stability through 2036 patent protection. Despite a recent $11bn M&A spree targeting oncology and immunology, GILD faces skepticism due to a poor track record and lack of near-term revenue from new acquisitions. I expect Q1 earnings to be somewhat underwhelming, with sluggish growth and minor IPR&D charges, but GILD trades at a below-average forward P/E of ~16x versus peers. I continue to hold GILD for its robust HIV franchise and >2% dividend yield, while awaiting evidence that management can successfully execute on oncology ambitions. Read the full article on Seeking Alpha
Narrative Update Apr 17

GILD: Oncology Deals And HIV Franchise Will Support Future Earnings

Analysts have raised the price target for Gilead Sciences to $180, citing recent upward revisions across Wall Street that reflect updated views on revenue growth, profitability and oncology deal activity. The core fair value estimate in this framework also remains at $180.
Narrative Update Apr 03

GILD: HIV And PrEP Franchise Will Support Future Earnings And Margin Strength

Analysts have lifted the fair value estimate for Gilead Sciences to $180 from $159, citing higher modeled revenue growth, a slightly lower discount rate, and support from a wave of recent price target raises and positive initiation commentary on the company’s positioning and operating margins. Analyst Commentary Street research around Gilead Sciences has been active, with several bullish analysts updating their views and price targets in recent weeks.
Narrative Update Mar 20

GILD: HIV Franchise And Oncology Expansion Will Shape Bullish Long Term Outlook

The analyst fair value estimate for Gilead Sciences has moved from $132.57 to $157.43, with analysts pointing to stronger modeled revenue growth, slightly higher long term profit margins, and a higher future P/E multiple supported by recent price target hikes and positive views on the company's positioning in large cap biotech. Analyst Commentary Recent Street research on Gilead Sciences reflects a mix of optimism around growth drivers and caution around valuation and competitive risks.
Narrative Update Mar 05

GILD: Rich HIV Outlook Will Depend On Delivering High-Risk Oncology Acquisitions

Analysts have lifted their Gilead Sciences fair value estimate from $122.64 to $126.09 as they update models to reflect revised revenue growth and profit margin assumptions, along with a slightly higher discount rate and a modestly lower future P/E multiple, following a wave of higher Street price targets in recent weeks. Analyst Commentary Recent Street research around Gilead Sciences shows a mix of optimism and restraint.
Narrative Update Feb 19

GILD: Elevated Future Expectations Will Hinge On Execution In Oncology

Gilead Sciences' updated analyst price target has moved sharply higher to $122.64 from $91.83, as analysts broadly lift their targets into the $140 to $170 range, citing steadier HIV franchise expectations, contributions from recent launches, and adjusted assumptions for expenses and oncology assets. Analyst Commentary Recent Street research shows a clear tilt toward higher valuation frameworks for Gilead Sciences, with several firms taking their targets into a broad US$140 to US$170 range.
Narrative Update Feb 05

GILD: Extended HIV And PrEP Strength Will Support Steady Long-Term Earnings Power

Narrative Update: Gilead Sciences Analyst Price Target Shift Analysts have lifted their price targets on Gilead Sciences by as much as US$20, pointing to updated HIV franchise expectations, revised oncology and PrEP assumptions, and refreshed valuation approaches, even as some models incorporate higher IPR&D expenses and adjusted sales forecasts. Analyst Commentary Recent Street research around Gilead centers on two big themes in the models: the durability of the HIV franchise and the ramp in newer areas like PrEP and oncology, with several bullish analysts lifting price targets and reaffirming positive ratings.
Narrative Update Jan 22

GILD: Extended HIV Franchise Strength Will Support Stronger Long-Term Earnings Power

Analysts have nudged their fair value estimate for Gilead Sciences up to $159 from $153, citing refreshed models that reflect updated HIV franchise expectations, oncology pipeline inputs, and evolving competitive readthroughs from peers in hepatitis and cell therapy. Analyst Commentary Recent Street research around Gilead Sciences has leaned constructive, with several bullish analysts refining their models and resetting price targets while pointing to HIV, oncology, and select liver and autoimmune assets as the key drivers they are watching.
Narrative Update Jan 07

GILD: HIV PrEP Strength And Oncology Mixed Results Will Shape Outlook

Analysts have nudged their price targets on Gilead Sciences higher, generally toward the US$140 to US$145 range. They cite expectations for stronger HIV PrEP contributions from Yeztugo, a healthier outlook for the broader HIV portfolio including Biktarvy, and ongoing support from oncology and newer launches such as Livdelzi.
Narrative Update Dec 20

GILD: Extended HIV Exclusivity Will Support Stronger Long-Term Earnings Power

Analysts have raised their fair value estimate for Gilead Sciences to $153 from $140, citing extended Biktarvy exclusivity, a stronger long term HIV growth outlook supported by Yeztugo and PrEP, and increasing conviction in oncology and broader large cap biopharma innovation potential. Analyst Commentary Bullish analysts continue to highlight Gilead as a core large cap biopharma holding, pointing to a healthier long term growth profile in HIV and a strengthening contribution from oncology.
Narrative Update Dec 06

GILD: Extended HIV Franchise Will Offset Oncology And Policy Uncertainty Ahead

Analysts have nudged their blended price target for Gilead Sciences slightly lower by about $0.20 to the low-$130s, reflecting modestly higher discount rates and more conservative HIV and oncology growth and margin assumptions, even as they highlight extended Biktarvy exclusivity, encouraging Yeztugo uptake, and anito cel driven oncology optionality as key long term value drivers. Analyst Commentary Bullish analysts largely frame the recent price target tweaks as fine tuning within an increasingly constructive long term view, pointing to extended HIV cash flows, a strengthening PrEP opportunity, and optionality in oncology despite early stage competitive readouts.
Narrative Update Nov 22

GILD: Extended Exclusivity And PrEP Opportunities Will Balance Ongoing Oncology And Policy Pressures

Analysts have modestly raised their price target for Gilead Sciences to $130.83 per share from $129.51. They cite the extended exclusivity period for Biktarvy and improved growth prospects in the HIV market as key drivers for the upward revision.
Narrative Update Nov 08

GILD: HIV Business Strength And Patent Extension Will Balance Oncology Risks Ahead

Gilead Sciences' price target has been raised by analysts from $127 to $145. This reflects confidence in stable HIV business trends and improved execution, which offsets ongoing oncology and cell therapy challenges.
Narrative Update Oct 25

Patent Extension And Policy Decisions Will Drive Access To Advanced Therapies

Gilead Sciences' analyst price target has increased from $126 to $127 per share. Analysts point to continued strong uptake of the Yeztugo launch in HIV and the recent Biktarvy patent extension as supporting factors, despite some pipeline setbacks.
Narrative Update Oct 10

Global Healthcare Trends Will Expand Access To Advanced Therapies

Gilead Sciences saw its analyst price target increase from $124.91 to $126.31. Analysts cited improved sales forecasts for key HIV treatments and enhanced revenue growth expectations as the primary drivers of the upward revision.
Narrative Update Sep 04

Global Healthcare Trends Will Expand Access To Advanced Therapies

Analysts remain constructive on Gilead Sciences, citing strong HIV franchise performance, positive FDA developments, and favorable regulatory tailwinds offsetting minor pipeline setbacks, resulting in an unchanged consensus price target of $124.37. Analyst Commentary Yeztugo’s FDA approval and clean label, strong clinical data, and convenient twice-yearly dosing are seen as key drivers for Gilead’s HIV franchise growth, with analysts generally positive on long-term adoption despite initial ramp expectations being slow and some cannibalization of Descovy anticipated.
Analysis Article Jul 27

Does Gilead Sciences (NASDAQ:GILD) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 15

Statutory Profit Doesn't Reflect How Good Gilead Sciences' (NASDAQ:GILD) Earnings Are

Even though Gilead Sciences, Inc.'s ( NASDAQ:GILD ) recent earnings release was robust, the market didn't seem to...
Seeking Alpha Apr 25

Gilead Sciences Q1 Earnings Review: HIV Division Masks Underperformance

Summary Gilead Sciences' Q1 2025 earnings report shows a slight decline in product sales, primarily due to lower Veklury sales and oncology inventory issues. The HIV division remains Gilead's strongest performer, with Biktarvi leading the charge, while oncology investments have yet to yield significant returns. Key upcoming milestones include the FDA decision on lenacapavir, a potential blockbuster HIV therapy, and various oncology and cell therapy data readouts. Despite recent share price growth, I am downgrading GILD stock to "Hold" due to concerns over oncology and cell therapy prospects and limited upside potential. Read the full article on Seeking Alpha
New Narrative Apr 08

New HIV, Livdelzi And CAR T Options Will Expand Reach

Gilead's innovation in HIV and oncology treatments supports revenue growth and market expansion in these therapeutic areas.
Seeking Alpha Mar 16

Gilead: Growth Constraints Lead To Rating Downgrade Following 50% Rally

Summary Gilead's HIV portfolio remains dominant but faces Medicare Part D pricing pressure, limiting future growth potential. New launches like Livdelzi provide growth opportunities but are unlikely to overcome the flat HIV segment forecast. DCF modeling shows Gilead is priced for 0% growth, which aligns with near-term revenue expectations. Heavy reliance on HIV franchise (72% of revenue) creates vulnerability despite diversification efforts in oncology. Following a 57% rally since June, Gilead now trades at fair value relative to its modest growth outlook, meriting a rating downgrade to "hold" and "market perform." Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GILD's dividends per share have been stable in the past 10 years.

Growing Dividend: GILD's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Gilead Sciences Dividend Yield vs Market
How does GILD dividend yield compare to the market?
SegmentDividend Yield
Company (GILD)2.4%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Biotechs)2.5%
Analyst forecast (GILD) (up to 3 years)2.2%

Notable Dividend: GILD's dividend (2.41%) is higher than the bottom 25% of dividend payers in the US market (1.39%).

High Dividend: GILD's dividend (2.41%) is low compared to the top 25% of dividend payers in the US market (4.21%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (46.2%), GILD's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43.1%), GILD's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 08:02
End of Day Share Price 2026/05/06 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gilead Sciences, Inc. is covered by 66 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ToungArgus Research Company
Brian SkorneyBaird
James BirchenoughBarclays