The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

VRTX

Concerning the House

Vertex Pharmaceuticals Incorporated operates as a biotechnology company in the United States, Europe, and internationally. The company offers transformative medicines for people with serious diseases with a focus on specialty markets, such as cystic fibrosis (CF), sickle cell disease (SCD), transfusion dependent beta thalassemia (TDT), and acute pain. It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age and older; ALYFTREK for the treatment for people with CF 6 years of age and older; SYMDEKO/SYMKEVI for treatment of patients with CF 6 years of age and older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 month or older who have CF with ivacaftor. The company also develops CASGEVY for the treatment of SCD and TDT; JOURNAVX for the treatment of acute pain in adults; VX-522, a CFTR mRNA therapeutic designed to treat the underlying cause of CF, which is in Phase 1/2 clinical trial; inaxaplin for the treatment of APOL1-mediated kidney disease, which is in single Phase 2 trial; VX-264 for treating Type 1 Diabetes; VX-670 for the treatment of myotonic dystrophy type 1; and VX-407, a small molecule corrector for the treatment of autosomal dominant polycystic kidney disease. The company sells its products primarily to specialty pharmacy and distributors, wholesalers, retail pharmacies, hospitals, and clinics. Vertex Pharmaceuticals Incorporated has a strategic collaboration with AbCellera Biologics Inc. to research, develop, manufacture, and commercialize multispecific T-cell engagers (TCEs) for autoimmune diseases and other conditions. Vertex Pharmaceuticals Incorporated was founded in 1989 and is headquartered in Boston, Massachusetts.

United States · www.vrtx.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$12.00B+50.9%
Operating income$3.83B+134.1%
Net income$3.62B+94.1%
Cash from ops$3.54B+33.8%
Quotation

$516.44

-9.29 (-1.8%)

52w hi$529.65
52w lo$376.62
Vol846.32K
As ofAug 13
The Verdict

Hold

Our score +0.38

Short+0.17
Medium+0.56
Long+0.45

computed 2026-08-13

By the Numbers

Vertex Pharmaceuticals Incorporated

Healthcare · Biotechnology

Market cap$130.81B
Enterprise value$127.38B
Trailing P/E30.04x
Forward P/E23.69x
EV / EBITDA24.97x
P / S (ttm)10.40x
Profit margin35.0%
Return on equity23.5%
Revenue growth+12.5%
Earnings growth+8.0%
Debt / equity9.77
Risk Metrics
Beta vs SPX0.51
Corr SPX0.26
Annual vol32.2%
Annual ret+10.5%
Sharpe0.33
Max DD-29.1%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.22
Sector+0.14
Technical+0.17
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$528.68$529.00$515.74$516.44846.32K
Aug 12$527.00$531.22$520.08$525.731.05M
Aug 11$525.02$532.23$522.01$529.651.07M
Aug 10$539.50$546.17$519.82$523.912.68M
Aug 7$487.11$497.40$482.10$496.07992.40K