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PFE
Benzinga
112 days

Pfizer Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. PFE's Q1 earnings expected to drop to 68 cents per share. 2. Projected quarterly revenue declines from $14.88 billion to $14.09 billion. 3. Collaboration with Guardant Health aims to enhance PFE's oncology portfolio. 4. Recent analyst ratings vary from Neutral to Buy, with lower price targets. 5. PFE shares rose 0.6% to $23.05 on Monday.

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FAQ

Why Bearish?

Declining earnings and revenue forecasts typically exert negative pressure on stock prices. Historical declines during earnings misalignments support this bearish outlook, especially after significant downgrades from analysts.

How important is it?

Earnings results and analyst insights typically drive investor sentiment and stock valuations, making this highly relevant to PFE's immediate future.

Why Short Term?

Earnings announcements often impact stock prices immediately. Given the upcoming report and analyst downgrades, expect short-term price movements.

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