Vir Biotechnology misses Q3 revenue estimates

Reuters
Nov 06
<a href="https://laohu8.com/S/VIR">Vir Biotechnology</a> misses Q3 revenue estimates

Overview

  • Vir Biotechnology Q3 revenue missed analyst expectations, declining significantly year-over-year

  • Net loss for Q3 decreased to $163.1 mln from $213.7 mln year-over-year

  • Company maintains strong cash position with $810.7 mln, funding operations into mid-2027

Outlook

  • Company expects cash reserves to fund operations into mid-2027

  • Topline data for ECLIPSE trials expected in Q1 2027

Result Drivers

  • R&D expenses for the third quarter of 2025 were $151.5 million, compared to $195.2 million for the same period in 2024

  • ONCOLOGY EXPANSION - First patient dosed in Phase 1 study of VIR-5500 in combination with ARPIs for prostate cancer

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$200,000

$1.98 mln (7 Analysts)

Q3 EPS

-$1.17

Q3 Net Income

-$163.10 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Vir Biotechnology Inc is $15.00, about 65% above its November 4 closing price of $5.25

Press Release: ID:nBwYcK9Qa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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