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Pfizer Stock Gains Ground Following Better Than Expected Q1 Financial Results

Aditya Raghunath4 minute read
Reviewed by: Thomas Richmond
Last updated May 6, 2026

Key Stats for Pfizer Stock

  • Price change for Pfizer stock: 1%
  • $PFE Share Price as of May. 5: $26
  • 52-Week High: $29
  • $PFE Stock Price Target: $29

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What Happened?

Pfizer (PFE) stock climbed after the company beat Wall Street expectations on both revenue and earnings for Q1 2026.

  • Revenue came in at $14.45 billion, well above the $13.79 billion analysts had forecast.
  • Adjusted EPS hit $0.75, topping the $0.72 estimate.
  • These aren’t massive beats, but in a market where investors have been nervous about Pfizer stock, the results provided real reassurance.

A few products stood out.

  • Eliquis brought in $2.17 billion, up 13% year over year.
  • Cancer drug Padcev grew 39%.
  • Even the RSV (respiratory syncytial virus) vaccine surprised to the upside.
  • Together, newly launched and acquired products grew 22% in the quarter, reaching $3.1 billion.

The one soft spot was Covid.

  • Comirnaty and Paxlovid both missed estimates, falling sharply from a year ago.
  • But the market had largely priced this in, and the strength elsewhere more than made up for it.
PFE Stock Q1 Earnings vs. Estimates in Billion USD (TIKR)

The bigger news may be longer term.

  • Pfizer recently settled patent disputes around its heart drug Vyndamax, extending U.S. exclusivity to mid-2031.
  • CEO Albert Bourla called it a development that could “change the growth profile of the company significantly post-2028.”
  • Management now expects high-single-digit annual revenue growth for five years post-2028.

See analysts’ growth forecasts and price targets for Pfizer stock (It’s free) >>>

What the Market Is Telling Us About Pfizer Stock

Pfizer stock has had a rough stretch, just 5% up this year heading into earnings.

Today’s move suggests investors are willing to give the company credit for steadier execution. The Covid headwinds are well known.

What matters now is whether the newer drug lineup and pipeline can carry the business through the next few years of patent losses.

PFE Stock Valuation Model (TIKR)

Guidance was reaffirmed at $59.5 to $62.5 billion in full-year revenue and $2.80 to $3.00 in adjusted EPS.

It’s not a blowout outlook, but holding the line after a shaky start to the year counts for something.

Pfizer stock remains a show-me story, but today was a step in the right direction.

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How Much Upside Does Pfizer Stock Have From Here?

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  2. Operating Margins
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Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!

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