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Gilead Sciences posts strong Q3 with $8.3B revenue and acquires PepStar's drug program for $1.275B

Company Fundamentals
30 Oct 2026, 14:21 WIB
Seeking Alpha
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Bullish
Gilead Sciences posts strong Q3 with $8.3B revenue and acquires PepStar's drug program for $1.275B

Gilead Sciences reported strong Q3 results with revenue of $8.3 billion, beating analyst expectations and showing growth both quarterly and yearly. Sales of Trodelvy, a breast cancer drug, rose 41.7% year-over-year to $506 million. The company also agreed to acquire PepStar's oral IL-23R inhibitor program for $1.275 billion upfront, signaling expansion in its drug pipeline. Gilead trades at a favorable valuation compared to its sector, supporting a 'Buy' rating from analysts.

Gilead Sciences shares are up 5.63% on Pluang, trading at USD 174.94 as of Oct 30, 2026 18:11 WIB. The stock shows strong investor interest with 81% of order activity on Pluang being buys and a market cap of $205.35 billion at that time.

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