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Pfizer Inc.’s stock price soars to $26.34, boasting a bullish 4.34% increase

By December 18, 2024 No Comments

Pfizer Inc. (PFE)

26.34 USD +1.09 (+4.34%) Volume: 56.14M

Pfizer Inc.’s stock price stands at 26.34 USD, marking a positive trading session with a rise of +4.34%. However, despite a high trading volume of 56.14M, it has experienced a Year-To-Date decline of -8.93%, reflecting a turbulent year for investors.


Latest developments on Pfizer Inc.

Pfizer’s stock price saw a jump today after the company provided a 2025 outlook that was in line with Wall Street’s expectations, offering relief to weary investors. Despite forecasting a $1 billion hit from changes in the Inflation Reduction Act, Pfizer’s positive revenue projections of $61 billion to $64 billion for 2025 helped boost investor confidence. The company’s CEO highlighted a stable forecast for the future, reassuring investors amidst turbulent times in Washington. Pfizer’s strategic cost-saving measures and commitment to meeting profit expectations have positioned the company for potential growth in the coming year.


A look at Pfizer Inc. Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Pfizer’s long-term outlook appears promising. The company received high scores in Value and Dividend, indicating strong financial health and potential for steady returns for investors. However, its scores in Growth, Resilience, and Momentum are lower, suggesting slower growth and less market momentum compared to other factors. Overall, Pfizer’s diverse portfolio of medicines, vaccines, and healthcare products positions it well in the pharmaceutical industry.

Pfizer Inc. is a pharmaceutical company known for its wide range of products in oncology, inflammation, cardiovascular, and other therapeutic areas. With a strong focus on value and dividends, Pfizer offers stability and potential returns for investors. While the company may face challenges in terms of growth, resilience, and momentum, its global presence and reputation in the healthcare sector provide a solid foundation for long-term success.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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