HALO Stock - Halozyme Therapeutics, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.02B | $829.25M | $660.12M | $443.31M | $267.59M |
| Gross Profit | $855.91M | $636.89M | $520.81M | $361.90M | $224.23M |
| Gross Margin | 84.3% | 76.8% | 78.9% | 81.6% | 83.8% |
| Operating Income | $551.48M | $337.57M | $267.53M | $275.90M | $144.25M |
| Net Income | $444.09M | $281.59M | $202.13M | $402.71M | $129.09M |
| Net Margin | 43.7% | 34.0% | 30.6% | 90.8% | 48.2% |
| EPS | $3.50 | $2.13 | $1.48 | $2.86 | $0.95 |
Halozyme Therapeutics, Inc. operates as a biopharma technology platform company in the United States, Switzerland, Ireland, Belgium, Japan, and internationally. The company's products are based on the ENHANZE drug delivery technology, a patented recombinant human hyaluronidase enzyme (rHuPH20) that enables the subcutaneous delivery of injectable biologics, such as monoclonal antibodies and other therapeutic molecules, as well as small molecules and fluids. Its flagship product is Hylenex recombinant, a formulation of rHuPH20 to facilitate subcutaneous fluid administration for achieving hydration to enhance the dispersion and absorption of other injected drugs in subcutaneous urography and to improve resorption of radiopaque agents. The company also develops Perjeta; RITUXAN HYCELA and MabThera SC for the treatment of non-Hodgkin lymphoma and chronic lymphocytic leukemia (CLL); RITUXAN SC for patients with CLL; and HYQVIA for the treatment of immunodeficiency disorders. In addition, it is developing Tecentriq for non-small cell lung cancer; OCREVUS for multiple sclerosis; DARZALEX for the treatment of patients with amyloidosis, smoldering myeloma, and multiple myeloma; nivolumab for the treatment of solid tumors; ARGX-113, a human neonatal Fc receptor; ARGX-117 to treat autoimmune diseases; and BMS-986179, an anti-CD-73 antibody. The company has collaborations with F. Hoffmann-La Roche, Ltd.; Hoffmann-La Roche, Inc.; Baxalta US Inc.; Baxalta GmbH; Pfizer Inc.; Janssen Biotech, Inc.; AbbVie, Inc.; Eli Lilly and Company; Bristol-Myers Squibb Company; Alexion Pharma Holding; ARGENX BVBA; Horizon Therapeutics plc; National Institute of Allergy and Infectious Diseases; Centre for the AIDS Programme of Research in South Africa; and ViiV Healthcare Limited for small and large molecule targets for the treatment and prevention of HIV. Halozyme Therapeutics, Inc. was founded in 1998 and is based in San Diego, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 4th 2025 | Goldman | Downgrade | Sell | $56 |
| October 14th 2025 | Leerink Partners | Upgrade | Market Perform | $70 |
| August 6th 2025 | Morgan Stanley | Upgrade | Overweight | $75 |
| July 10th 2025 | Goldman | Resumed | Neutral | $55 |
| May 14th 2025 | Morgan Stanley | Downgrade | Equal Weight | $62 |
| May 13th 2025 | Leerink Partners | Downgrade | Underperform | $47 |
| October 7th 2024 | Wells Fargo | Downgrade | Equal Weight | $62← $58 |
| September 19th 2024 | JP Morgan | Downgrade | Neutral | $57← $52 |
| June 7th 2024 | Piper Sandler | Downgrade | Neutral | $51← $48 |
| February 29th 2024 | TD Cowen | Initiation | Outperform | $54 |
| July 24th 2023 | H.C. Wainwright | Initiation | Buy | $61 |
| July 24th 2023 | Goldman | Downgrade | Neutral | $45← $43 |
| May 10th 2023 | Piper Sandler | Upgrade | Overweight | $46 |
| March 27th 2023 | Berenberg | Resumed | Buy | $58 |
| March 16th 2023 | SVB Securities | Downgrade | Market Perform | $42 |
Earnings History & Surprises
HALOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Feb 17, 2026 | $1.92 | — | — | — |
Q4 2025 | Nov 3, 2025 | $1.63 | $1.72 | +5.5% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $1.23 | $1.54 | +25.2% | ✓ BEAT |
Q2 2025 | May 6, 2025 | $0.95 | $1.11 | +16.8% | ✓ BEAT |
Q1 2025 | Feb 18, 2025 | $1.17 | $1.26 | +7.7% | ✓ BEAT |
Q4 2024 | Oct 31, 2024 | $0.98 | $1.27 | +29.6% | ✓ BEAT |
Q3 2024 | Aug 6, 2024 | $0.76 | $0.91 | +19.7% | ✓ BEAT |
Q2 2024 | May 7, 2024 | $0.70 | $0.79 | +12.9% | ✓ BEAT |
Q1 2024 | Feb 20, 2024 | $0.83 | $0.82 | -1.2% | ✗ MISS |
Q4 2023 | Nov 6, 2023 | $0.71 | $0.75 | +5.6% | ✓ BEAT |
Q3 2023 | Aug 8, 2023 | $0.63 | $0.74 | +17.5% | ✓ BEAT |
Q2 2023 | May 9, 2023 | $0.48 | $0.47 | -2.1% | ✗ MISS |
Q1 2023 | Feb 21, 2023 | $0.47 | $0.48 | +2.1% | ✓ BEAT |
Q4 2022 | Nov 8, 2022 | $0.52 | $0.74 | +42.3% | ✓ BEAT |
Q3 2022 | Aug 9, 2022 | $0.50 | $0.53 | +6.0% | ✓ BEAT |
Q2 2022 | May 10, 2022 | $0.49 | $0.47 | -4.1% | ✗ MISS |
Q1 2022 | Feb 22, 2022 | $0.41 | $0.42 | +2.4% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $0.42 | $0.55 | +31.0% | ✓ BEAT |
Q3 2021 | Aug 9, 2021 | $0.41 | $0.62 | +51.2% | ✓ BEAT |
Q2 2021 | May 10, 2021 | $0.31 | $0.37 | +19.4% | ✓ BEAT |
Latest News
HC Wainwright & Co. Reiterates Buy on Halozyme Therapeutics, Maintains $90 Price Target
📈 PositiveHalozyme Says FDA Approves Johnson & Johnson's Five-Minute Injection Version Of Lung Cancer Drug RYBREVANT
📈 PositiveHalozyme Therapeutics Granted Preliminary Injunction From German Court Against Merck's Keytruda
📈 PositiveHC Wainwright & Co. Reiterates Buy on Halozyme Therapeutics, Maintains $90 Price Target
📈 PositiveGoldman Sachs Maintains Neutral on Halozyme Therapeutics, Raises Price Target to $56
➖ NeutralMerus And Halozyme Form Non Exclusive Global Collaboration Supporting Potential Commercialization Of Subcutaneous Petosemtamab
📈 PositiveHalozyme Therapeutics Announces Johnson & Johnson Gets US FDA's Approval Of New Indication For DARZALEX Faspro Co-formulated With ENHANZE To Treat Smoldering Multiple Myeloma
📈 PositiveReported Earlier, Halozyme Therapeutics Prices Private Offering Of $650M 0% Convertible Senior Notes Due 2031 And $650M 0.875% Convertible Senior Notes Due 2032
➖ NeutralHalozyme Therapeutics Announces Proposed $650M Convertible Senior Notes Due 2031 And $650M Notes Due 2032 Offering
➖ NeutralHalozyme Therapeutics Raises FY2025 Adj EPS Guidance from $6.00-$6.40 to $6.10-$6.50 vs $6.16 Est; Raises FY2025 Sales Guidance from $1.275B-$1.355B to $1.300B-$1.375B vs $1.319B Est
📈 PositiveHalozyme Therapeutics Q3 Adj. EPS $1.72 Beats $1.63 Estimate, Sales $354.264M Beat $339.922M Estimate
📈 PositiveJP Morgan Maintains Neutral on Halozyme Therapeutics, Raises Price Target to $65
➖ NeutralMorgan Stanley Maintains Overweight on Halozyme Therapeutics, Lowers Price Target to $79
➖ NeutralHC Wainwright & Co. Reiterates Buy on Halozyme Therapeutics, Maintains $90 Price Target
📈 PositiveLeerink Partners Upgrades Halozyme Therapeutics to Market Perform, Announces $70 Price Target
📈 PositiveHC Wainwright & Co. Maintains Buy on Halozyme Therapeutics, Raises Price Target to $90
📈 PositiveHalozyme To Acquire Elektrofi In Deal Comprising Of $750M Upfront Payment And Up To Three $50M Milestone Payments Contingent On Three Separate Product Regulatory Approvals; Royalty Revenue Contribution Expected As Early As 2030
📈 PositiveBenchmark Maintains Buy on Halozyme Therapeutics, Raises Price Target to $90
📈 PositiveHC Wainwright & Co. Maintains Buy on Halozyme Therapeutics, Raises Price Target to $85
📈 PositiveMorgan Stanley Maintains Overweight on Halozyme Therapeutics, Raises Price Target to $80
📈 PositiveFrequently Asked Questions about HALO
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