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Regn stock price has been resilient amid broader market
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REGN stock price has been resilient amid broader market pullbacks, holding above its 50-day moving average of $ At 27.8 times trailing P/E, shares are considerably cheaper than the biotech industry average of 48.4 times. If you seek genomics innovation at a reasonable price, REGN stock looks like a potentially solid bet. While a setback in a clinical trial and declining Eylea sales naturally lead to a valuation multiple compression, we believe the selling pressure on REGN stock at levels under $500 is overdone. We think investors can leverage this current dip as a buying opportunity for solid long-term gains. However, before making any investment decisions, it’s crucial to consider the risks. Any adverse results from ongoing clinical trials, particularly concerning its COPD treatment, could drive the stock even lower. Additionally, in times of broader market downturns due to macroeconomic uncertainties, REGN stock could also fall. Although Regeneron has historically outperformed the broader market during some recent corrections, it’s still susceptible to sharp declines. Separately, see – Plug Power’s Hydrogen Hopes Dashed? REGN stock price has been consolidating in a tight band between $920 and $940 over the past week, with volume slightly below its 10-day average of 630K shares. Market watchers highlight upcoming FDA decisions as key potential catalysts, while implied volatility suggests moderate trader uncertainty.