ET 05:48

Halozyme Therapeutics (HALO) Faces Q1 Earnings Test as Revenue Growth Seen Slowing

IMP4.0
SNT-0.3
CONF40%
Earnings

Halozyme Therapeutics (HALO) is scheduled to report quarterly results after the market close on May 18, 2026, with analysts expecting revenue to rise 34.1% year over year, below the 35.2% growth posted in the year-earlier period. The biopharmaceutical drug delivery company reported $451.8 million in revenue last quarter, up 51.6% from a year earlier and ahead of Wall Street expectations. However, earnings per share missed analyst estimates, and full-year EPS guidance also came in below expectations. Analyst estimates have been largely unchanged over the past 30 days. Sector peers have posted mixed but estimate-beating results: Novavax revenue fell 79.1% year over year but beat expectations by 96.3%, while Moderna revenue rose 260% and topped estimates by 55.8%. Halozyme shares are down 5.3% over the past month, compared with a 6.1% average gain for therapeutics peers. The stock recently traded at $64.22, below the average analyst price target of $85.78.

EditorThomas Ho