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Zoetis sees 11% US companion animal sales drop amid generic competition, stock downgraded to Hold.

Analyst Insights
10 May 2026
Seeking Alpha
View Source
Bearish
pluang ai news

Zoetis reported an 11% year-over-year decline in US companion animal sales in Q1, mainly due to generic competition affecting key drugs like Convenia and Cerenia. Despite some growth in international and livestock segments, the company faces ongoing structural challenges from patent expirations. The stock has dropped 30%, and the analyst downgraded Zoetis to Hold, awaiting signs of revenue stabilization as the impact of generics eases in coming quarters.

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