UTHR Stock - United Therapeutics Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.88B | $2.33B | $1.94B | $1.69B | $1.48B |
| Gross Profit | $2.57B | $2.07B | $1.79B | $1.56B | $1.38B |
| Gross Margin | 89.2% | 88.9% | 92.4% | 92.7% | 92.7% |
| Operating Income | $1.38B | $1.18B | $979.70M | $555.90M | $593.60M |
| Net Income | $1.20B | $984.80M | $727.30M | $475.80M | $514.80M |
| Net Margin | 41.5% | 42.3% | 37.6% | 28.2% | 34.7% |
| EPS | $26.44 | $21.04 | $15.98 | $10.60 | $11.65 |
United Therapeutics Corporation, a biotechnology company, engages in the development and commercialization of products to address the unmet medical needs of patients with chronic and life-threatening diseases in the United States and internationally. Its commercial therapies include Remodulin to treat patients with pulmonary arterial hypertension (PAH) to diminish symptoms associated with exercise; Tyvaso, an inhaled formulation of prostacyclin analogue treprostinil to enhance the exercise ability in PAH patients and pulmonary hypertension associated with interstitial lung disease (PH-ILD); Orenitram, a tablet dosage form of treprostinil to enhance the exercise capacity in PAH patients; Unituxin, a monoclonal antibody for treating high-risk neuroblastoma; and Adcirca, an oral PDE-5 inhibitor to enhance the exercise ability in PAH patients. The company also engages in developing Tyvaso DPI, a dry powder inhalation form of Tyvaso; Remunity Pump, a small, lightweight, durable pump and separate controller; RemoPro and Ralinepag for the treatment of PAH; Aurora-GT, a gene therapy product to rebuild the blood vessels in the lungs; and Tyvaso PERFECT and TETON studies, which are the studies of Tyvaso in patients with World Health Organization (WHO) Group 3 pulmonary hypertension associated with chronic obstructive pulmonary disease (PH-COPD). It has licensing and collaboration agreements with DEKA Research & Development Corp. to develop a semi-disposable system for the subcutaneous delivery of treprostinil; MannKind Corporation to develop and license treprostinil inhalation powder and the Dreamboat device; and Arena Pharmaceuticals, Inc. to develop Ralinepag. The company was incorporated in 1996 and is headquartered in Silver Spring, Maryland.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 20th 2025 | Wells Fargo | Initiation | Underweight | $414 |
| September 26th 2025 | RBC Capital Mkts | Initiation | Outperform | $569 |
| June 2nd 2025 | Cantor Fitzgerald | Initiation | Overweight | $405 |
| April 25th 2025 | Wells Fargo | Downgrade | Equal Weight | - |
| April 21st 2025 | BofA Securities | Upgrade | Neutral | $314 |
| July 11th 2024 | Morgan Stanley | Downgrade | Equal Weight | $321← $310 |
| February 12th 2024 | Goldman | Upgrade | Neutral | $215← $213 |
| February 5th 2024 | Leerink Partners | Initiation | Outperform | $330 |
| December 8th 2023 | Wells Fargo | Initiation | Overweight | $309 |
| December 6th 2022 | UBS | Initiation | Buy | $320 |
| December 5th 2022 | Goldman | Initiation | Sell | $230 |
| October 11th 2022 | Morgan Stanley | Initiation | Overweight | $288 |
| September 20th 2022 | BofA Securities | Reiterated | Underperform | - |
| September 19th 2022 | Wedbush | Resumed | Outperform | $263 |
Earnings History & Surprises
UTHREPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 25, 2026 | $6.74 | — | — | — |
Q4 2025 | Oct 29, 2025 | $6.89 | $7.16 | +3.9% | ✓ BEAT |
Q3 2025 | Jul 30, 2025 | $7.29 | $6.41 | -12.1% | ✗ MISS |
Q2 2025 | Apr 30, 2025 | $6.29 | $6.63 | +5.4% | ✓ BEAT |
Q1 2025 | Feb 26, 2025 | $6.40 | $6.19 | -3.3% | ✗ MISS |
Q4 2024 | Oct 30, 2024 | $6.43 | $6.39 | -0.6% | ✗ MISS |
Q3 2024 | Jul 31, 2024 | $6.40 | $5.85 | -8.6% | ✗ MISS |
Q2 2024 | May 1, 2024 | $5.65 | $6.17 | +9.2% | ✓ BEAT |
Q1 2024 | Feb 21, 2024 | $4.19 | $4.36 | +4.1% | ✓ BEAT |
Q4 2023 | Nov 1, 2023 | $5.04 | $5.38 | +6.7% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $4.51 | $5.24 | +16.2% | ✓ BEAT |
Q2 2023 | May 3, 2023 | $4.52 | $4.86 | +7.5% | ✓ BEAT |
Q1 2023 | Feb 22, 2023 | $4.51 | $2.67 | -40.8% | ✗ MISS |
Q4 2022 | Nov 2, 2022 | $3.89 | $4.91 | +26.2% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $4.13 | $2.41 | -41.6% | ✗ MISS |
Q2 2022 | May 4, 2022 | $3.35 | $5.03 | +50.1% | ✓ BEAT |
Q1 2022 | Feb 24, 2022 | $3.72 | $2.35 | -36.8% | ✗ MISS |
Q4 2021 | Nov 3, 2021 | $3.59 | $3.42 | -4.7% | ✗ MISS |
Q3 2021 | Aug 4, 2021 | $3.02 | $3.65 | +20.9% | ✓ BEAT |
Latest News
UBS Maintains Buy on United Therapeutics, Raises Price Target to $600
📈 PositiveUnited Therapeutics Announced The First Clinical Xenotransplantation In Its EXPAND Study Of The UKidney In Patients With End-stage Renal Disease
📈 PositiveHC Wainwright & Co. Maintains Buy on United Therapeutics, Raises Price Target to $525
📈 PositiveRBC Capital Maintains Outperform on United Therapeutics, Raises Price Target to $587
📈 PositiveWells Fargo Maintains Equal-Weight on United Therapeutics, Raises Price Target to $423
📈 PositiveUnited Therapeutics shares are trading higher after the company reported better-than-expected Q3 EPS results.
📈 PositiveUnited Therapeutics Q3 2025 EPS $7.16 Beats $7.03 Estimate, Sales $799.500M Miss $814.915M Estimate
➖ NeutralUnited Therapeutics to Present Latest Pulmonary Hypertension Data at CHEST 2025 in Chicago
➖ NeutralMorgan Stanley Maintains Equal-Weight on United Therapeutics, Raises Price Target to $435
➖ NeutralUBS Maintains Buy on United Therapeutics, Raises Price Target to $580
📈 PositiveRBC Capital Initiates Coverage On United Therapeutics with Outperform Rating, Announces Price Target of $569
📈 PositiveUnited Therapeutics To Review Positive TETON-2 Pivotal Study Data Of Nebulized Tyvaso In Idiopathic Pulmonary Fibrosis At ERS Congress Sept. 28, 2025; Study Met Primary And Most Secondary Endpoints
📈 PositiveUnited Therapeutics To Showcase New Lung Disease Research At Major European Medical Conference
📈 PositiveCantor Fitzgerald Maintains Overweight on United Therapeutics, Raises Price Target to $525
📈 PositiveUnited Therapeutics shares are trading higher after Oppenheimer raised its price target on the stock from $510 to $575.
📈 PositiveOppenheimer Maintains Outperform on United Therapeutics, Raises Price Target to $575
📈 PositiveHC Wainwright & Co. Maintains Buy on United Therapeutics, Raises Price Target to $500
📈 PositiveUBS Maintains Buy on United Therapeutics, Raises Price Target to $560
📈 PositiveWells Fargo Maintains Equal-Weight on United Therapeutics, Raises Price Target to $414
📈 PositiveJefferies Maintains Buy on United Therapeutics, Raises Price Target to $564
📈 PositiveFrequently Asked Questions about UTHR
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