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REGN
ACCE-researched

Regeneron Pharmaceuticals Inc. Common Stock (REGN) fair value

Healthcare · Biotechnology · NASDAQ · United States
$805.02-1.72%
Market cap $82.9BNext earnings 2026-10-30Updated Oct 20, 2026
Add earnings to calendarGoogle
Our verdict
Close to our fair value
Price
$805.02
Model fair valueConfidence: good
$847
Model range
$529 to $1393
Fair value $847
Price $805
4 models fit Regeneron Pharmaceuticals Inc. Common Stock and they disagree: 1 of 4 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Silver72
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionRegeneron Pharmaceuticals Inc. Common Stock (REGN)
Fair value (4 models)
$847
ACCE price target
$895
Rating
Fairly valued
Horizon
12 months
Fair value published on 20 Oct 2026, 16:04 CEST; previously $1175 since 16 Oct 2026, 00:00 CEST.
ACCE price target published on 16 Oct 2026, 00:00 CEST; previously $875 since 19 Apr 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 16:04 CEST.
Price used: $805 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, EV/EBITDA comparison, and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
5.0% below
+5.2% to fair value
ACCE score
71
out of 100
Analysts
68% buy
28 covering
P/E
19.9x
forward 12.8x
1-year return
+39.8%
Dividend yield
0.46%

Regeneron Pharmaceuticals Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Regeneron develops and sells biologic medicines, most visibly Eylea for retinal disease, Dupixent (co-developed with Sanofi) for atopic dermatitis and asthma, and Libtayo for cancer immunotherapy. Its edge is a repeatable antibody platform, VelocImmune and the wider Regeneron Genetics Center, which has produced a steady run of approvals rather than a single hit, and Dupixent's expanding label is now the main engine of revenue growth. The near-term question is how fast Dupixent and newer launches can offset Eylea's erosion from biosimilars, and the answer will show up in quarterly sales and pipeline readouts. At 19.7 times trailing earnings and 14.5 times forward, the stock trades at a discount to its growth, with revenue up 16.7% and an operating margin of 33.1%. The score of 71 out of 100 and the 44.5% gross margin suggest a profitable franchise, but the Eylea exposure and reliance on one blockbuster are the points to test in a deeper look.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • moderate
    Earnings decline despite revenue growth
    Revenue up 16.7% YoY but earnings down 4.5%. Suggests margin pressure or one-time charges masking operational headwinds.
  • moderate
    Insider selling with no offsetting buys
    Last 10 disclosures show $3.43M in sales and $0 in buys. Consistent selling without conviction from insiders warrants attention.

AI research notes

AI-assisted·How I use AIWritten Oct 11, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Recent earnings beat by 56.6% suggests management guidance is conservative and upside surprises may recur.
  • Strong balance sheet with 0.09 debt-to-equity ratio and 5.6% share buyback last year fund shareholder returns.
Why it could disappoint
  • Five-year revenue growth of 5.6% per year lags recent 16.7% pace, signaling deceleration risk ahead.
  • ROE of 14.0% and ROIC of 11.1% underperform cost of capital implied by 5.2% risk-free rate.
  • Consensus fair value requires only 5.4% annual cash flow growth, leaving little margin for pipeline disappointment.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Oct 30, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where REGN's valuation models land
Price
$805.02
Model fair value
$847
Model range
$529 to $1393
Fair value $847
Price $805
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish68% buy · 28 covering analysts
● Strong buy 15● Buy 4● Hold 8● Sell 1● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
0 buys · 1 sell
Since May 15, 2026, 1 member
Average delay
21 days
From trade to public filing
Full trade list on ProDo politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
+1.8%
1 month
+0.4%
3 months
+22.7%
6 months
+7.1%
YTD
+4.3%
1 year
+39.8%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
20 Oct 2026, 16:04 CESTFair value$847$1175$782
20 Oct 2026, 16:04 CESTRatingFairly valuedfirst publication$782
16 Oct 2026, 00:00 CESTACCE price target$895$875$796
16 Oct 2026, 00:00 CESTFair value$1175$1148$778
11 Oct 2026, 00:00 CESTFair value$1148$1086$747
5 Oct 2026, 00:00 CESTFair value$1086$1097$735
29 Sept 2026, 00:00 CESTFair value$1097$1126$788
22 Sept 2026, 00:00 CESTFair value$1126$1142$785
19 Sept 2026, 00:00 CESTFair value$1142$1127$789
15 Sept 2026, 00:00 CESTFair value$1127$1147$781

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth52Value64Quality86Momentum83Total71
Valuation
Trailing P/E
19.9x
Forward P/E
12.8x
PEG
no data
P/B
2.60x
EV / Revenue
4.8x
Book value/sh
$316.11
Enterprise value
$77.3B
Profitability
ROE
14.0%
FCF yield
4.92%
ROIC
10.9%
Health and risk
Debt / equity
0.09
Dividend yield
0.46%
Beta
0.15

Member of

ACCE Biotech Catalysts

Price

+39.3% · 1Y

Ask anything about REGN

Answered from Regeneron Pharmaceuticals Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 80% of peers
low 0.0x19.9xhigh 69.1x
ROEbetter than 33% of peers
low -39%14%high 24%
Div yieldbetter than 67% of peers
low 0.0%0.5%high 2.1%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
REGN Regeneron Pharmaceuticals Inc. Common Stock$805.02$8475% below19.9x14.0%8671
MRNA Moderna Inc. Common Stock$202.63----39.0%3146
CSL.AX CSLA$196.14A$16023% above--15.8%5252
UCB.BR UCB€259.10€14381% above24.1x20.6%9576
ARGX argenx SE American Depositary Shares$875.76$399119% above30.3x23.6%9174
VRTX Vertex Pharmaceuticals Incorporated Common Stock$535.17$32764% above30.5x23.5%9168
ONC BeOne Medicines Ltd. American Depositary Shares$382.27$152151% above69.1x14.7%7669

Sector report card

Where REGN ranks against its sector peers on each metric.

Computing percentiles…
  • GlobeNewswire•Oct 12, 2026
    Pasatru™ (garetosmab-grts) Demonstrates Zero New Heterotopic Ossification (HO) Lesions in Adult Fibrodysplasia Ossificans Progressiva (FOP) Patients During OPTIMA Trial Extension
  • GlobeNewswire•Oct 6, 2026
    Regeneron Showcases Advances in Care Across Several Cancers and Cancer-associated Complications at ESMO 2026
  • GlobeNewswire•Oct 1, 2026
    Ubamatamab (MUC16xCD3) Shows a High Rate of Durable Responses in Initial Study of Patients with Advanced Low-Grade Serous Ovarian Cancer (LGSOC)
13 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 15
Form 4Insider transactionPeriod 2026-10-13
View on SEC →
Oct 6
8-KCurrent reportPeriod 2026-10-01
View on SEC →
September 2026
Sep 30
8-KCurrent reportPeriod 2026-09-24
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR