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GSK maintains Buy rating despite Q3 vaccine setbacks, driven by strong Specialty Medicines growth.

Analyst Insights
30 Oct 2026, 07:38 WIB
Seeking Alpha
View Source
Bullish
GSK maintains Buy rating despite Q3 vaccine setbacks, driven by strong Specialty Medicines growth.

GSK reported mixed Q3 results with Specialty Medicines revenue up 14%, offsetting weaker vaccine sales. Growth in HIV, Oncology, and Respiratory areas supports the company's long-term outlook. Vaccine underperformance was linked to inventory reductions in China and lower RSV demand. Despite risks like the HIV patent cliff, GSK's valuation remains attractive, supported by pipeline progress and improving momentum.

GSK shares show steady interest on Pluang, with all orders currently on the buy side and a slight 0.12% price increase. The stock trades at USD 48.80 as of Oct 30, 2026 11:51 WIB, reflecting ongoing investor confidence despite recent mixed results.

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