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Merck's Q3 revenue rises 8.9% QoQ, driven by Keytruda and Winrevair sales, but stock downgraded to Hold.

Company Fundamentals
29 Oct 2026, 16:50 WIB
Seeking Alpha
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Neutral
Merck's Q3 revenue rises 8.9% QoQ, driven by Keytruda and Winrevair sales, but stock downgraded to Hold.

Merck & Co. reported an 8.9% quarter-over-quarter revenue increase in Q3, reaching $18.09 billion and beating analyst estimates. Keytruda and Keytruda Qlex sales grew 5.6% year-over-year to $8.1 billion, while Winrevair sales rose 18% sequentially to $694 million. Despite strong sales, the stock shows signs of being overbought, prompting a downgrade to Hold with an expected price pullback to $127 per share.

Merck & Co. shares are trading at USD 147.55 on Pluang as of Oct 29, 2026 21:02 WIB, showing a strong 1-day gain of 4.56%. The stock's market capitalization stands at $347.70 billion, reflecting its significant size in the health sector. Trading volume reached 8,193,716 shares, with investor sentiment evenly split between buying and selling at 50% each.

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