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.)