Analyst Consensus ?
ConsensusHold13 ratings
Bullish538.5%
Neutral753.8%
Bearish17.7%
Viatris Inc. · VTRS · FY2025 Q1 · Calendar Q2 2025
Viatris pipeline progress offsets, but does not remove, Indore risk
Viatris's pipeline and planned launches provide a potential growth path, but the thesis remains conditional on regulatory execution and recovery from Indore-related disruption.
Reported Before market openNASDAQHealthcare
$20.54B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $0.52
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $3.30B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+5.7%
Event window
SPY move
+0.7%
Same window
Abnormal move
+5.0%
Stock minus SPY
Volume
2.2×
Versus trailing sessions
Subsequent drift
-4.2%
Up to 20 sessions
VTRSSPY benchmark
Ask FN2 about VTRS FY2025 Q1
Transcript, numbers and history already loaded
What drove VTRS's +5.7% move after FY2025 Q1 earnings?What changed in VTRS's guidance and outlook in FY2025 Q1?Give me the bull and bear case for VTRS after FY2025 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The quarter's analysis emphasized positive Phase 3 pipeline progress and planned filings, while keeping Indore remediation, tariff exposure and the new-product revenue target central to the outlook.
Guidance delta
Management maintained 2025 guidance and the $450–$550 million new-product revenue target.
Key takeaways
- Management highlighted three positive Phase 3 readouts and planned regulatory submissions for meloxicam, XULANE LO and Effexor in 2025.
- Indore remediation remained a material operational issue, while management expected product-supply recovery to begin in 2026.
- The company reported capital returns above $450 million and maintained its 2025 guidance.
- The supplied facts do not include reported-versus-consensus EPS or revenue results.
Management priorities
- Advance regulatory submissions and launches for pipeline products.
- Continue Indore remediation and pursue re-inspection.
- Expand U.S. manufacturing capacity and streamline costs and portfolio.
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Analyst 52W Price Targets
$17.48Current
$12Low
$18.55Average
$26High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 13, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Buy | Buy | Maintain | Oct 5, 2026 |
| Piper Sandler | Neutral | Neutral | Maintain | Sep 16, 2026 |
| Argus Research | Buy | Buy | Maintain | Sep 8, 2026 |
| Barclays | Overweight | Overweight | Maintain | May 19, 2026 |
| Truist Securities | Buy | Buy | Maintain | May 8, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | May 8, 2026 |
| Jefferies | Buy | Buy | Maintain | Mar 7, 2025 |
| B of A Securities | Underperform | Underperform | Maintain | Feb 28, 2025 |
| BMO Capital | Market Perform | Outperform | Downgrade | Feb 17, 2023 |
| Goldman Sachs | Neutral | Neutral | Maintain | May 12, 2022 |
| Citigroup | Neutral | Neutral | Maintain | Mar 10, 2022 |
| Raymond James | Market Perform | Outperform | Downgrade | Mar 1, 2022 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Mar 10, 2021 |
Named analyst price targets
Upside is calculated against the persisted current price $17.48. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| UBS | Ashwani Verma | $26 | $17.6 | +48.7% | Oct 5, 2026 |
| Oppenheimer | Analyst unavailable | $25 | $17.18 | +43.0% | Sep 23, 2026 |
| Leerink Partners | Analyst unavailable | $20 | $16.61 | +14.4% | Sep 9, 2026 |
| Argus Research | Analyst unavailable | $20 | $16.75 | +14.4% | Sep 8, 2026 |
| Barclays | Glen Santangelo | $22 | $16.5 | +25.8% | May 19, 2026 |
| Truist Financial | Analyst unavailable | $20 | $16.94 | +14.4% | May 8, 2026 |
| UBS | Ashwani Verma | $18 | $14.58 | +2.9% | Feb 9, 2026 |
| Piper Sandler | Analyst unavailable | $12 | $13.12 | -31.4% | Jan 28, 2026 |
| Argus Research | Analyst unavailable | $15 | $12.84 | -14.2% | Jan 16, 2026 |
| Truist Financial | Les Sulewski | $16 | $12.4 | -8.5% | Jan 7, 2026 |
| Truist Financial | Analyst unavailable | $15 | $9.93 | -14.2% | Oct 15, 2025 |
| Jefferies | Glen Santangelo | $15 | $11.77 | -14.2% | Jul 19, 2024 |
| Piper Sandler | David Amsellem | $13 | $11.83 | -25.7% | Mar 28, 2024 |
| Piper Sandler | David Amsellem | $10 | $9.84 | -42.8% | Jun 26, 2023 |
| Barclays | Analyst unavailable | $15 | $12.16 | -14.2% | Feb 1, 2023 |
| UBS | Ashwani Verma | $12 | $10.83 | -31.4% | Nov 9, 2022 |
| UBS | Ashwani Verma | $9 | $10.77 | -48.5% | Jun 13, 2022 |
Track every rating change on VTRS the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationViatris Inc. operates as a global pharmaceutical and healthcare enterprise. Its business is structured across four primary geographic divisions: Developed Markets, Greater China, JANZ (Japan, Australia, New Zealand), and Emerging Markets. The company offers a comprehensive range of pharmaceutical products, encompassing branded prescription medications, generic and complex generic drugs, biosimilar treatments, and active pharmaceutical ingredients (APIs). These offerings target diverse therapeutic areas, addressing both noncommunicable and infectious diseases. Its biosimilars specifically focus on critical conditions in oncology, immunology, endocrinology, ophthalmology, and dermatology. Furthermore, Viatris's APIs are utilized across numerous drug categories, including antibacterials, central nervous system agents, antihistamines/antiasthmatics, cardiovascular, antivirals, antidiabetics, antifungals, and proton pump inhibitors.…
Historical context
All VTRS earningsHealthcare peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| UNH UnitedHealth Group Incorporated | FY2026 Q3 · Calendar Q4 2026 | — | +0.5% | UnitedHealth raises 2026 EPS outlook as AI and care initiatives advance |
| JNJ Johnson & Johnson | FY2026 Q3 · Calendar Q4 2026 | — | -5.2% | J&J raises 2026 outlook as oncology growth offsets softer MedTech |
| COO The Cooper Companies, Inc. | FY2026 Q3 · Calendar Q3 2026 | +2.7% | -14.7% | CooperCompanies beats expectations as inventory reduction weighs on vision revenue |
| MDT Medtronic plc | FY2027 Q1 · Calendar Q3 2026 | +4.3% | +1.5% | Medtronic raises FY27 outlook as growth broadens across platforms |
Latest beats and misses
Who reports nextBeat on EPS
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One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-24T00:01:17.206701+00:00
- Polygon adjusted daily market bars · 2026-10-12T15:00:43.438526+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-12T15:00:43.435900+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-12. For educational purposes only; not investment advice.