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PFE

Pfizer Inc.
$30.11
+2.28% Oct 20 close
Health CareS&P 500
-5%+4%+13%+22%+31%Oct 2025Oct 2026Apr 2026
PFESPY
1W
+6.1%
1M
+8.9%
3M
+22.8%
6M
+14.0%
YTD
+27.2%
1Y
+30.5%

Live chart

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What they do

Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products in the United States and internationally. It operates in three segments: Biopharma, PC1, and Pfizer Ignite. The company offers internal medicine products, including cardiovascular metabolic diseases products under the Eliquis brand.

Healthcare · Drug Manufacturers - General

For information only · Important disclosures

Grades vs sector

Momentum
56th percentile in sector
B-
12-1 return: +23.8%
Percentile within its GICS sector across the S&P 1500.
Growth
20th percentile in sector
D
Revenue growth (YoY): +2.6%
Percentile within its GICS sector across the S&P 1500.
Value
86th percentile in sector
A-
Forward E/P: 9.8% · EBITDA/EV: 11.5%
Percentile within its GICS sector across the S&P 1500.
Profitability
40th percentile in sector
C
Profit margin: +6.8% · Return on equity: +5.0%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
ranked 181 of 499 · 12-month momentum 19.5%
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
What Happens To Merck Stock If Keytruda Sales Stop Growing?
Trefis · 17h ago
Pfizer's Stock Is Finally Showing Signs of Life. Could This Be the Start of a Much Bigger Rally?
Nasdaq · Oct 19
5 Dividend Stocks for Investors Who Want Income Without the Market’s Wild Swings
24/7 Wall St. · Oct 19
These 5 Dividend Stocks Look Like Income Bargains. The Math Says Otherwise
24/7 Wall St. · Oct 19
Has Johnson & Johnson Stock Become A Different Bet?
Trefis · Oct 19

Key stats

Market value$171.6B
P/E (last 12 months)39.6
P/E (next 12 months, estimated)10.4
52-week range$23.62 – $30.25
Revenue growth (latest quarter vs a year ago)+2.6%
Dividend yield5.84%
Analyst consensusBuy (26)
Average analyst price target$29.26 (-3%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans expensive
Model read-out from the numbers below, not advice. Score -1 (DCF counts double).
▼DCF (base case)below the price by 69%
▲Forward P/E vs sector10.4x vs median 17.6x
•Piotroski F-score5/9
•Analyst target-3% (26 analysts)

Discounted cash flow

Bear
$3
-91%
growth -10% · disc. 10.2% · term. 2.0%
Base
$9
-69%
growth -5% · disc. 9.2% · term. 2.5%
Bull
$19
-38%
growth -2% · disc. 8.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 7% a year for 10 years.
Implied
+7%/yr
FCF, last 3 yrs
-30%/yr
FCF, last 5 yrs
-6%/yr
Revenue, last 3 yrs
-15%/yr
Revenue, last 5 yrs
+8%/yr
Same inputs as the DCF above: trailing free cash flow 11.0B, 9.2% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-28). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.28 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Health Care

P/E (trailing)
sector median 29.9× · 71st pct
39.6×
pricier
Forward P/E
sector median 17.6× · 16th pct
10.4×
cheaper
EV / EBITDA
sector median 15.8×
–
Price / sales
sector median 3.1× · 46th pct
2.7×
cheaper
Price / book
sector median 3.5× · 23rd pct
2.0×
cheaper
FCF yield
sector median 4.1% · 79th pct
6.4%
cheaper

Forward EPS $2.89 vs trailing $0.76 (+280% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$9.0B
as of 2023-10-01
vs a year ago
-59%
YoY
× TTM revenue
0.14×
coverage
21-12
22-04
22-07
22-10
22-12
23-04
23-07
23-10

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
73.2%
Operating margin
–
FCF margin
17.2%
Net margin
6.8%
Return on equity
5.1%
Return on invested capital
–
Net debt / EBITDA
–
Current ratio
1.3×
Interest cover
–
Cash conversion (OCF/NI)
3.1×
Piotroski F-score 5/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Analysts

Mean target
$29
-3%
Analysts
26
Buy
Range
$25–$36
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$62.6B$7.8B$9.1B
2024$63.6B$8.0B$9.8B
2023$59.6B$2.1B$4.8B
2022$101.2B$31.4B$26.0B
2021$81.3B$22.0B$29.9B
2020$41.7B$9.2B$12.2B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -14.8%.

Earnings

Next report: 2026-11-03 · before open · EPS est 0.73
24-1025-0225-0425-0825-1126-0226-0526-080.001.06
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-040.680.77+12.9%
2026-05-050.720.75+3.9%
2026-02-030.570.66+16.2%
2025-11-040.630.87+37.4%
2025-08-050.570.78+35.9%
2025-04-290.670.92+36.5%
2025-02-040.460.63+37.2%
2024-10-290.611.06+73.3%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$15.0B+2.6%
2026-03-31$14.4B–
2025-12-31$17.6B–
2025-09-30$16.7B–
2025-06-30$14.7B–
Analyst actions
JP Morgan
2026-10-09 · main
Neutral → Neutral
PT $30
Cantor Fitzgerald
2026-10-08 · main
Neutral → Neutral
PT $28
Scotiabank
2026-10-06 · main
Sector Outperform → Sector Outperform
PT $33
HSBC
2026-09-10 · main
Hold → Hold
PT $30
Guggenheim
2026-08-07 · main
Buy → Buy
PT $31
BMO Capital
2026-07-13 · main
Outperform → Outperform
PT $30

Recent dividends

2026-07-24: $0.430 · 2026-05-08: $0.430 · 2026-01-23: $0.430 · 2025-11-07: $0.430 · 2025-07-25: $0.430 · 2025-05-09: $0.430 · 2025-01-24: $0.430 · 2024-11-08: $0.420
Insider trades
Bourla Albert
Director, Chairman & CEO · 2026-08-12
BUY
$1.0M
Buckley Mortimer J
Director · 2026-08-05
BUY
$960.4K
Blaylock Ronald E
Director · 2026-08-05
BUY
$998.8K
Damico Jennifer B.
SVP & Controller · 2026-08-05
SELL
$83.3K
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Stats refreshed 2026-10-20 18:09:20 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

COTEAU

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026