Ultragenyx Q3 revenue rises, net loss narrows
Overview
US biopharmaceutical firm's Q3 revenue rose to $173 mln from $160 mln a year earlier
Net loss narrowed to $118 mln from $180 mln in Q3 2025
Outlook
Ultragenyx reaffirms 2026 total revenue guidance of $730 mln to $760 mln
Company maintains 2026 Crysvita revenue guidance at $500 mln to $520 mln
Company expects to achieve full-year GAAP profitability in 2027
Result Drivers
NEW PRODUCT LAUNCHES - Co said launches of newly approved gene therapies GENGLYCOS and FAYUVI are progressing well with growing demand
EVKEEZA DEMAND - Increased demand from new country launches and early access drove EVKEEZA revenue
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Loss Per Share | $1.16 | ||
Q3 Net Loss | $118 mln | ||
Q3 Operating Expenses | $283 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy"
Wall Street's median 12-month price target for Ultragenyx Pharmaceutical Inc. is $25.00, about 53.4% above its November 2 closing price of $16.30
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)