In section Market Quotes

UCB Shares Surge as Bimzelx Sales Drive Guidance Hike

A 13% spike in UCB shares this morning signaled investor optimism after the Belgian pharmaceutical firm lifted its annual revenue forecast for the second time this year. The rally, which wiped out the company's year-to-date losses, reflects surging U.S. demand for its flagship immunology treatment, Bimzelx.

UCB Shares Surge as Bimzelx Sales Drive Guidance Hike

The company now projects 2026 revenue growth in the low-twenties percentage range, a notable jump from its previous guidance of low- to mid-teens. Adjusted earnings before interest, taxes, depreciation, and amortization are similarly expected to climb into the low- to mid-forties. This momentum is largely attributed to robust patient uptake and favorable pricing for Bimzelx, supported by steady performances from the legacy anti-inflammatory drug Cimzia.

ING analysts noted that the upgrade specifically highlights the strength of the company’s key asset. While UCB’s forecast excludes proceeds from the sale of an FDA priority-review voucher—which could provide a further single-digit percentage boost—the core operational performance remains the primary catalyst for market confidence. If current trading levels hold, the stock is on track for its largest single-day percentage gain in over twelve months.

Share:on TelegramXFacebook

Subscribe to our newsletter

Once a week — the best stories from our editors, no ads or push notifications. Delivered Sunday morning.

Comments (0)

Leave a comment

No comments yet. Be the first!