Amneal Pharmaceuticals (NASDAQ:AMRX – Get Free Report) issued its earnings results on Thursday. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03, Zacks reports. Amneal Pharmaceuticals had a negative return on equity of 313.96% and a net margin of 4.01%. Amneal Pharmaceuticals updated its FY 2026 guidance to 0.960-1.060 EPS.
Here are the key takeaways from Amneal Pharmaceuticals’ conference call:
- Q2 results exceeded expectations and full-year guidance was raised. Revenue rose 10% to $796 million, adjusted EBITDA increased 12% to $206 million, and adjusted EPS grew 20% to $0.30. Amneal raised 2026 revenue guidance to $3.1–$3.2 billion, adjusted EBITDA guidance to $750–$780 million, and EPS guidance to $0.96–$1.06.
- The pending Kashiv acquisition is expected to create a fully integrated biosimilars platform, with more than 20 programs and potential launches including Xolair, Orencia, Cimzia, and Stelara. Management expects $400–$500 million of financial benefits from tax incentives and elimination of milestone and profit-sharing obligations, with net leverage targeted below three times by 2028.
- Specialty products continued to gain traction, with specialty revenue up 17% to $149 million. CREXONT prescriptions are increasingly coming from general neurologists, while positive Phase IV data could support management’s goal of making it a first-line Parkinson’s treatment; Brekiya also reported strong early uptake.
- Complex generics and manufacturing demand remain strong, particularly for estrogen and lidocaine patches, ophthalmics, injectables, and iohexol. Amneal expects to triple estrogen-patch capacity by next year, views iohexol as a potential $50-plus million opportunity, and anticipates a meaningful contribution beginning in 2027 from recent and expected launches such as lanreotide and lenalidomide.
- Flooding at an Amneal facility in Gujarat, India is expected to temporarily disrupt a select number of products and reduce 2026 EBITDA by approximately $20 million, although operations are expected to resume within several weeks. The company also increased 2026 capital-expenditure guidance to $140–$180 million to fund capacity expansions.
Amneal Pharmaceuticals Price Performance
Amneal Pharmaceuticals stock traded down $1.08 during midday trading on Thursday, hitting $18.02. 1,384,372 shares of the stock were exchanged, compared to its average volume of 2,173,375. Amneal Pharmaceuticals has a 1 year low of $7.66 and a 1 year high of $19.26. The firm has a market cap of $5.75 billion, a P/E ratio of 47.49 and a beta of 1.26. The company has a 50 day moving average price of $15.99 and a two-hundred day moving average price of $14.19.
Insider Buying and Selling
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the business. Kemnay Advisory Services Inc. purchased a new position in Amneal Pharmaceuticals in the fourth quarter valued at about $26,000. Federated Hermes Inc. boosted its stake in shares of Amneal Pharmaceuticals by 1,680.6% during the 4th quarter. Federated Hermes Inc. now owns 2,297 shares of the company’s stock valued at $29,000 after buying an additional 2,168 shares during the last quarter. Transamerica Financial Advisors LLC grew its position in shares of Amneal Pharmaceuticals by 541.9% during the fourth quarter. Transamerica Financial Advisors LLC now owns 2,914 shares of the company’s stock worth $37,000 after buying an additional 2,460 shares in the last quarter. Comerica Bank raised its holdings in Amneal Pharmaceuticals by 186.7% in the third quarter. Comerica Bank now owns 3,005 shares of the company’s stock valued at $30,000 after acquiring an additional 1,957 shares in the last quarter. Finally, Focus Partners Wealth bought a new position in Amneal Pharmaceuticals during the 3rd quarter valued at $42,000. Institutional investors and hedge funds own 31.82% of the company’s stock.
Analyst Ratings Changes
AMRX has been the subject of several research analyst reports. Weiss Ratings lowered Amneal Pharmaceuticals from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. UBS Group lifted their price target on shares of Amneal Pharmaceuticals from $19.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, July 15th. Barclays increased their price objective on shares of Amneal Pharmaceuticals from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Wall Street Zen raised shares of Amneal Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research note on Sunday, July 12th. Finally, Zacks Research lowered shares of Amneal Pharmaceuticals from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $16.60.
View Our Latest Analysis on Amneal Pharmaceuticals
Amneal Pharmaceuticals Company Profile
Amneal Pharmaceuticals, Inc is a publicly traded integrated healthcare company specializing in the development, manufacturing and distribution of generic and specialty pharmaceutical products. The company’s portfolio includes oral solids, injectables, transdermals and biosimilars, serving a broad range of therapeutic areas such as cardiovascular, neuroscience, oncology and women’s health. Alongside its generic offerings, Amneal has built a branded portfolio through strategic acquisitions and internal development, positioning itself across both high-volume generics and higher-value specialty treatments.
Since its founding in 2002 by brothers Chirag and Chintu Modgil, Amneal has pursued growth through organic investment in research and development as well as targeted M&A.
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