Takeda Pharmaceutical (NYSE:TAK – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 3.009-3.009 for the period, compared to the consensus estimate of 1.570. The company issued revenue guidance of $29.6 billion-$29.6 billion, compared to the consensus revenue estimate of $29.0 billion.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein upgraded Takeda Pharmaceutical from a “market perform” rating to an “outperform” rating in a report on Wednesday, April 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Takeda Pharmaceutical in a research report on Wednesday, April 29th. Morgan Stanley started coverage on Takeda Pharmaceutical in a research note on Tuesday, January 13th. They set an “overweight” rating for the company. Zacks Research upgraded Takeda Pharmaceutical from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 3rd. Finally, Wall Street Zen upgraded Takeda Pharmaceutical from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 11th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
Check Out Our Latest Analysis on Takeda Pharmaceutical
Takeda Pharmaceutical Stock Performance
Institutional Investors Weigh In On Takeda Pharmaceutical
Hedge funds have recently made changes to their positions in the business. Parkside Financial Bank & Trust raised its holdings in shares of Takeda Pharmaceutical by 192.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,560 shares of the company’s stock valued at $40,000 after buying an additional 1,684 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of Takeda Pharmaceutical by 313.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,070 shares of the company’s stock valued at $48,000 after buying an additional 2,328 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Takeda Pharmaceutical by 56.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,586 shares of the company’s stock valued at $55,000 after acquiring an additional 1,292 shares during the period. Advisory Services Network LLC bought a new stake in Takeda Pharmaceutical during the third quarter worth approximately $74,000. Finally, Kestra Advisory Services LLC bought a new stake in Takeda Pharmaceutical during the fourth quarter worth approximately $101,000. Institutional investors own 9.17% of the company’s stock.
Takeda Pharmaceutical Company Profile
Takeda Pharmaceutical Company Limited (NYSE: TAK) is a Tokyo-based, multinational biopharmaceutical company with roots dating back to 1781. The company researches, develops, manufactures and commercializes pharmaceutical and biopharmaceutical products for patients worldwide. Takeda is publicly listed and operates as a fully integrated R&D-driven healthcare company focused on delivering specialty medicines and therapies across a range of therapeutic areas.
Takeda’s main business activities encompass discovery and development of prescription medicines, clinical development and regulatory affairs, manufacturing of small molecules and biologics, and global commercial operations.
See Also
- Five stocks we like better than Takeda Pharmaceutical
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Takeda Pharmaceutical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Takeda Pharmaceutical and related companies with MarketBeat.com's FREE daily email newsletter.
