Raymond James raises Regeneron stock price target to $1,020 on strong quarter
Raymond James raised its price target for Regeneron (NASDAQ:REGN) to $1,020, citing strong Q3 2026 performance and positive drug developments. The stock trades at $928 with a $92.4B market cap. Dupixent and Eylea HD are key growth drivers. Regeneron reported Q3 2026 earnings of $20.07 per share and revenue of $5.12B, exceeding estimates. 10 analysts revised earnings upwards. The company holds $16.2B in cash and projects $26B by year-end 2027.
How this was made
The 30-second read
Why it matters
The price‑target raise adds fresh bullish momentum beyond the earnings release.
Market read
Analyst upgrade could drive short‑term buying interest in REGN.
What to watch
Potential competition in the antibody space could temper growth.
Background
Regeneron reported strong Q3 2026 results, beating expectations, and analysts are raising targets.
Ticker impact
Raymond James raised its price target on Regeneron to $1,020, indicating a fresh bullish outlook.
likely upward pressure as investors price in the higher target
Target increase reflects confidence in upcoming catalysts and strong Q3 results.
Market effects
Biotech sector may see modest lift as Regeneron's outlook improves.
US biotech stocks could benefit from the positive sentiment.
Limited to investors tracking US pharma and biotech equities.
Counterpoint
Target may be overly optimistic if upcoming trial data disappoints.
Key entities
- analystRaymond James
Equity research firm raising Regeneron's price target.
- companyRegeneron Pharmaceuticals
Biotech firm with strong Q3 performance.




