FISA shares struggle amid fading COVID-19 demand and competition

about 1 month ago

Natalyia Kenyan Javich

"Hi guys. First, I'm looking at shares of FISA. The ticker is uh PF. uh shares are down by 5.4% as the company said it expects little to no uh sales growth next year. So revenue in 2026 is expected to be between 59.5 to 62.5 billion. Sales are expected to be at $62 billion. So basically we do know that fizer shares are kind of struggling to gain momentum as demand for covid-19 um drugs um is fading and there's a lot of competition uh across other drugs. Uh so we do also know that the company is executing or trying to execute a big cost cutting effort. Uh it targets more than $7 billion in savings uh by 2027 and most of which it expects to complete next year. On the bright side, however, we know that the company is trying to acquire more businesses especially in obesity drug segment."

FISA (ticker PF) is under pressure as shares fall 5.4% amid an outlook of little to no sales growth next year, driven by fading demand for COVID-19 drugs and increased competition. The company is countering these challenges with a significant cost-cutting strategy targeting over $7 billion in savings by 2027 and is looking to expand into the obesity drug segment.

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