Stock Analysis

A Look at Teva (NYSE:TEVA) Valuation Following Launch of Europe’s First Lucentis Biosimilar in Pre-Filled Syringe

Teva Pharmaceutical Industries (NYSE:TEVA), along with Formycon AG and Bioeq AG, has launched FYB201/Ranivisio in Europe as the first Lucentis biosimilar available in an EMA-approved pre-filled syringe. This move highlights Teva’s focus on innovation and its ongoing efforts to strengthen its ophthalmology offerings.

See our latest analysis for Teva Pharmaceutical Industries.

The recent European launch of FYB201/Ranivisio appears to have given Teva’s share price some renewed momentum, with a 6.92% rise over the past month and a strong 18.56% jump in the last 90 days. Looking at the bigger picture, Teva's 1-year total shareholder return sits at 6.75%. Long-term holders have been well rewarded with a notable 119.84% total return over three years, reflecting a significant turnaround in sentiment.

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With shares rallying and new products entering the market, the key question is whether Teva is still trading at an attractive valuation or if recent gains have already factored in the company’s future growth potential.

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Most Popular Narrative: 19.8% Undervalued

Teva Pharmaceutical Industries’ most widely followed narrative puts its fair value at $24.44, nearly 20% above the last close of $19.61. This narrative reflects bullish confidence in Teva’s evolving product mix and future profit outlook, both shaped by key catalysts and industry shifts.

Teva's strategic focus and rapid execution on expanding its innovative branded products (AUSTEDO, AJOVY, UZEDY, and upcoming olanzapine LAI), combined with a robust late-stage pipeline targeting large patient populations, are expected to drive higher-margin topline growth and a more profitable product mix, supporting gross margin and net earnings expansion.

Read the complete narrative.

Want to uncover the financial fuel powering this valuation? The real twist is buried in a bold profit margin leap and revenue progress that outpaces expectations. See which blockbuster assumptions and optimism around future launches could make this price target more than just a number.

Result: Fair Value of $24.44 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, persistent reliance on a handful of branded drugs and Teva’s substantial debt load could quickly challenge this optimistic outlook if conditions change.

Find out about the key risks to this Teva Pharmaceutical Industries narrative.

Build Your Own Teva Pharmaceutical Industries Narrative

If you have your own perspective or want to interpret the numbers your way, it only takes a few minutes to put together your own view. Do it your way.

A good starting point is our analysis highlighting 5 key rewards investors are optimistic about regarding Teva Pharmaceutical Industries.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Valuation is complex, but we're here to simplify it.

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About NYSE:TEVA

Teva Pharmaceutical Industries

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

Very undervalued with reasonable growth potential.

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