TEVALooks like price is near a support zone dating back to around late April 2024 where the "throw up" emoji is. After the bearish volume spike on 1/29/25 happened, price shot down strong and since then seems to be widening its stance. From March 13th - April 9th bearish volume slowly increased but not with the same authority that happened in January. Bearish volume seems to be simmering down since the 9th and i want to see if we get some consolidation before a test of the nearby daily target zone.
If price continues to shift down and another trade opportunity presents itself, I'll take another look and reassess.
T1EV34 trade ideas
2x Potential of TEVA. Possible Buying AreasIt looks like it has a possible 2x potential, I think the chart is pretty good. Around 15.25 as a buying place and if it comes, the 13.5-14 area looks good. If it goes directly from 15 or from here, it can be bought when it breaks and tests 18.5.
When we look at the chart from further back, we see that the price has risen above the price movement from May 2019 to May 2024. This movement is also positive as it comes with a voluminous candle. For this reason, it can be a good investment tool.
TEVA to $20My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price in channel zones at bottom of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and under bottom of Bollinger Band
Entry at $17.21
Target is $20 or channel top
Can Duvakitug Redefine IBD Therapy?Teva Pharmaceuticals, in a groundbreaking collaboration with Sanofi, has unveiled results from the Phase 2b RELIEVE UCCD study that could potentially reshape the landscape of inflammatory bowel disease (IBD) treatment. The study's focus, duvakitug, a novel anti-TL1A monoclonal antibody, has shown remarkable efficacy in managing ulcerative colitis and Crohn's disease, positioning it as a potential best-in-class therapy. With clinical remission and endoscopic response rates significantly outpacing placebo, this development not only challenges existing treatment paradigms but also ignites a spark of hope for millions suffering from these chronic conditions.
The implications of duvakitug's success extend beyond immediate patient care; they invite a broader discussion on innovation in the pharmaceutical industry. Teva's strategic pivot towards growth through pioneering drug development efforts underscores a commitment to expanding its portfolio and accelerating access to life-altering treatments. This study's outcomes, showing a favorable safety profile alongside its efficacy, encourage reevaluating how we approach IBD, potentially leading to a future where patients can achieve remission with fewer side effects and less invasive interventions.
Moreover, the financial and strategic narrative surrounding Teva's performance in 2024 adds another layer of intrigue. With a notable increase in revenue driven by key products and a focus on both generics and innovative medicines, Teva is not just navigating but also setting the course for future healthcare advancements. The journey of duvakitug from clinical trials to potential Phase 3 trials exemplifies how scientific curiosity, when supported by strategic foresight, can lead to transformative outcomes in medical science, challenging us to imagine a new era in IBD management.
Setup: TEVATEVA : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP= Sell all or 50% & move SL to breakeven), then using the close below the 10SMA as my trailing stop loss. Last hour had higher than normal buying. **Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(SL).
TEVA Pharmaceutical is a BUY?As the excitement around AI continues to wane, concerns about a potential US recession grow, and the risks of a major conflict in the Middle East linger, Teva Pharmaceutical's stock is entering an accumulation phase above $18, signaling strong bullish sentiment.
Why Wall Street's bullish in this drug company ?
First, on July 31, Teva announced its financial results for the second quarter of 2024, demonstrating that the company remains resilient despite years of investor disappointment following the Allergan Generics acquisition and the loss of Copaxone exclusivity.
However, over the past 18 months, under Richard Francis' leadership, the company has shown significant growth, with increasing revenue and profits in its European and US segments, the successful launch of biosimilars and Uzedy, and record sales of Austedo, its blockbuster treatment for certain neurological disorders.
Alongside rising sales of generics, Teva has also accelerated the development of innovative medications, which could set new standards in treating schizophrenia and some chronic inflammatory diseases.
For instance, on July 25, the company delighted investors by announcing that it had completed patient enrollment ahead of schedule in a Phase 2b clinical trial assessing the efficacy and safety of duvakitug for treating ulcerative colitis and Crohn's disease, driven by strong interest from healthcare professionals and patients.
Teva Pharmaceutical's financial performance and 2024 outlook
After years of challenges, the Teva revenue exceeded $4 billion once again, reaching $4.14 billion in the second quarter of 2024, a 7.4% year-on-year increase that surpassed consensus estimates by $114 million.
Meanwhile, another critical financial metric, earnings per share aka EPS, exceeded my expectations despite rising costs associated with conducting expensive clinical trials for assessing the efficacy of Teva's biosimilars and experimental drugs targeting neurodegenerative and autoimmune disorders. The Israeli company's EPS reached $0.61 for the three months ending June 30, 2024, marking a 27.1% increase from the previous quarter and surpassing analysts' forecasts by six cents.
What factors contribute to Teva Pharmaceutical's success?
To answer this objectively, it's essential to examine not only the impact of sales from individual medications but also to delve deeper into how effectively the company's management is handling the development of each of Teva's business segments.
We'll begin with the United States segment, which significantly influences Teva's financial standing. For the three months ending June 30, 2024, revenue in this segment reached $2.12 billion, reflecting an 11.5% year on year increase and a 22.3% rise from the previous quarter.
First, Teva's revenue and profit growth were largely fueled by significant advancements in its generics business, despite facing stiff competition from companies like Viatris (VTRS), Dr. Reddy's Laboratories (RDY), Perrigo (PRGO), and others in the market.
In the second quarter, total sales of generic products reached approximately $1.03 billion, marking a 26.6% increase from the previous quarter.
What factors led to the recovery of Teva's generics business?
The resurgence of Teva's generics business in the U.S. was primarily driven by the launch of an interchangeable biosimilar to AbbVie's Humira (ABBV), rising demand for generic versions of Bristol-Myers Squibb's Revlimid (BMY), a major blockbuster for treating multiple myeloma, the generic version of Novo Nordisk's Victoza (NVO) for type 2 diabetes, and the expansion of its drug portfolio.
The soaring sales of Copaxone and the strong performance of Austedo, which I analyzed in detail in a previous article, were also notable. Despite increasing competition in the U.S. tardive dyskinesia therapeutics market from Neurocrine Biosciences' (NBIX) Ingrezza, Austedo's demand continued to grow.
Sales of the Austedo franchise reached $407 million in the second quarter of 2024, a 32.1% YOY increase, driven by expanded patient access and the FDA's late May approval of Austedo XR in four new tablet strengths, giving doctors more options for optimizing treatment regimens for adults with tardive dyskinesia and Huntington's disease-associated chorea.
I also want to highlight Uzedy, a long-acting formulation of risperidone, as another key contributor to Teva's revenue growth. Although the company launched Uzedy in May 2023 and has not yet disclosed its sales figures, it has been approved for the treatment of schizophrenia.
However, as evident from the chart below, the total number of prescriptions has been steadily increasing month over month. Teva Pharmaceutical estimates that its revenue from Uzedy will be around $80 million in 2024, exceeding my expectations by approximately $25 million.
Despite ongoing growth in demand for this anti-CGRP migraine medication, its sales amounted to $42 million in the second quarter of 2024, a decrease of 6.7% compared to the previous quarter and 19.2% year-on-year. This decline was primarily due to an increase in sales allowances linked to a one-time event.
Now, let's turn our attention to the company's Europe segment, which generates most of its revenue through sales of generics and biosimilars.
For the three months ending June 30, 2024, sales in this segment reached approximately $1.21 billion, reflecting a 4.3% year-on-year increase, driven by new product launches and growing demand for Ajovy.
However, sales of respiratory medications continue to face challenges due to a decline in cold and flu cases. As anticipated, demand for Copaxone is weakening, not only because of competition from generic versions but also due to the availability of more effective treatments for relapsing forms of multiple sclerosis, such as Bristol-Myers Squibb's Zeposia, Roche Holding's Ocrevus and TG Therapeutics' Briumvi (TGTX).
Lastly, let's discuss the International Markets segment, which focuses on commercializing Teva's drugs across 35 countries, including Canada and Japan. In the second quarter, revenue for this segment was $593 million, representing a 2.6% YOY increase.
However, the segment's profit dropped significantly to $73 million quarter over quarter, due to declining demand for Copaxone, increased R&D expenses, and higher sales and marketing costs related to the distribution of Austedo in China.
The question arises: "Are there any positives?" The short answer is yes.
Teva's revenue from generic drugs has been on an upward trend in recent years, with the exception of the fourth quarter of 2023. For the three months ending June 30, 2024, it reached $488 million, marking a 2% increase from the previous quarter.
What is driving this sales growth?
Despite challenges such as the weakening of foreign currencies like the Japanese yen, ruble, and Chinese yuan against the US dollar, increased competition in Japan, and ongoing inflationary pressures on the pharmaceutical industry, Teva’s management has successfully navigated these obstacles by expanding its medication portfolio and raising prices.
Now lets talk about Risks
Several risks could negatively impact Teva Pharmaceutical’s investment appeal in the medium to long term. At the end of July, Teva reported financial results for the second quarter of 2024, which not only exceeded analysts' expectations but also reinforced confidence in the effectiveness of the business strategies implemented by CEO Richard Francis.
In addition to accelerating the recovery of the company's generics business, boosting sales of Austedo and Uzedy, and launching the Humira biosimilar in May, Teva also raised its full-year 2024 guidance.
With a P/E ratio of 6.35x, which suggests the stock is trading at a discount compared to the broader healthcare sector, other positives include the reduction of Teva’s net debt by about $2 billion over the past 12 months, as well as year-over-year growth in gross and operating profits.
To understand who truly holds control over Teva Pharmaceutical Industries Limited, it's crucial to examine the company's ownership structure. The largest share of ownership, approximately 69%, is held by institutional investors. This means that this group stands to experience the greatest potential for gains or losses, depending on the company's performance.
The company has also accelerated the development of its product candidates under its "Pivot to Growth" program, which aims to strengthen its balance sheet and enhance its investment appeal by expanding its biosimilar portfolio and bringing potential best-in-class drugs for cancer, neurological, and autoimmune disorders to market.
So TEVA Pharmaceutical is a BUY? YUP
Can a Pharmaceutical Giant Rewrite Its Own Destiny?In the complex world of global pharmaceuticals, Teva Pharmaceutical Industries Ltd. emerges as a compelling narrative of strategic reinvention. Under the leadership of CEO Richard Francis, the company has transformed from a struggling enterprise to a potential market leader, executing a bold "Pivot to Growth" strategy that has captured the attention of investors and industry experts alike. The company's remarkable journey reflects corporate resilience and a profound understanding of how strategic focus and innovative thinking can resurrect a seemingly faltering business.
Teva's renaissance is characterized by calculated moves that challenge traditional pharmaceutical business models. By strategically divesting its Japanese joint venture, selectively targeting high-potential generic markets, and developing promising drug candidates like Anti-TL1A, the company has demonstrated an extraordinary ability to reimagine its core strengths. The financial metrics tell a compelling story: a 66% market capitalization increase, double-digit revenue growth, and a strategic pipeline that promises future innovation in critical therapeutic areas such as neurology and digestive system treatments.
Beyond financial metrics, Teva represents a broader narrative of corporate transformation that extends beyond balance sheets. Its commitment to patient access programs, such as the recent inhaler donation initiative with Direct Relief, reveals a deeper organizational philosophy that intertwines strategic growth with social responsibility. This approach challenges the traditional perception of pharmaceutical companies as purely profit-driven entities, positioning Teva as a forward-thinking organization that understands its broader role in global healthcare ecosystems.
The company's journey poses a provocative question to business leaders and investors: Can strategic vision, relentless innovation, and a commitment to patient care truly redefine a corporation's trajectory? Teva's emerging story suggests that the answer is a resounding yes—a testament to the power of adaptive strategy, visionary leadership, and an unwavering commitment to pushing the boundaries of what's possible in the pharmaceutical landscape.
TEVA Moving Up?I've ben watching this for several days.
Most analyst are bullish except one thats bearish and has it listed as a short sale candidate. It was breaking down below the neckline but has reversed and trying to move back up towards the VPO.
Currently holding Calls with a strike of 17 and 19. Option activity this week appears to be expecting a large move in either direction targeting contracts with a delta under 0.40. If it continues up with good volume I'll add to the 19 strike. Nimble on this one rotating between calls and puts as needed.
TEVA Moving Up?I've ben watching this for several days.
Most analyst are bullish except one thats bearish and has it listed as a short sale candidate. It was breaking down below the neckline but has reversed and trying to move back up towards the VPO.
Currently holding Calls with a strike of 17 and 19. Option activity this week appears to be expecting a large move in either direction targeting contracts with a delta under 0.40. If it continues up with good volume I'll add to the 19 strike. Nimble on this one rotating between calls and puts as needed.
New Setup: TEVATEVA: I have a green setup signal(dot Indictor). It has an excellent risk-to-reward ratio(RR:). I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(white line). If triggered, I will then place a stop-loss below(SL) and a price target above it(TP1-50%,move SL to breakeven)(TP2-50%).
********
Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level.
Teva Pharmaceuticals (TEVA) Analysis Company Overview: Teva Pharmaceuticals, a global leader in generics and specialty medicines, is poised for growth as it expands its biosimilar portfolio and resolves major legal challenges.
Key Catalysts:
Biosimilar Launch: NYSE:TEVA plans to launch AVT04, a biosimilar to Johnson & Johnson's blockbuster drug Stelara, by February 2025. Stelara, which generates $10 billion in annual sales, presents a significant market opportunity for Teva as a lower-cost alternative. This biosimilar could drive substantial revenue growth for the company.
Opioid Settlement: The resolution of the $4.3 billion opioid settlement reduces legal uncertainty and allows Teva to focus on business expansion. This development provides a clearer path forward for the company’s financial health.
Operational Improvements: With improved supply chains and enhanced gross margins, Teva is positioned to strengthen profitability. This operational efficiency will be crucial in boosting the company's bottom line as it rolls out new products.
Investment Outlook: Bullish Outlook: We are bullish on TEVA if it holds above the $15.50-$16.00 range. Upside Potential: The upside target for Teva Pharmaceuticals is set at $23.00-$24.00, driven by the upcoming biosimilar launch, legal clarity, and improved operational performance.
💊 Teva Pharmaceuticals—biosimilar potential and legal resolution set to unlock growth! #TEVA #Pharma 🚀📈
Teva Pharmaceuticals Generic Leader to Innovation PowerhouseTeva Pharmaceutical Industries, historically renowned in the generics market, is undergoing a strategic transformation led by CEO Richard Francis. This shift focuses on innovative drug development, aimed at reshaping Teva into a major player in novel therapies. Recent successes in clinical trials and upcoming biosimilar launches are fueling investor confidence and propelling Teva's stock to new heights.
Key Points:
- **Moving Beyond Generics**: Teva is pivoting towards innovation, highlighted by investments in novel branded drugs like TEV-749, a promising treatment for schizophrenia, and entry into the biosimilars market with Simlandi (Humira biosimilar).
- **Early Wins**: Positive trial results for TEV-749 and the impending launch of Simlandi signal early success in Teva's strategic shift towards innovation.
- **Challenges Ahead**: Despite progress, Teva faces challenges in the generics market, intense competition, and ongoing debt and legal issues related to the opioid crisis.
- **Investor Confidence**: Teva's R&D achievements have garnered significant investor optimism, reflected in a surge in stock price.
Looking Ahead:
Teva's ability to balance its traditional generics stronghold with emerging innovative therapies will define its future success. The company aims to lead not only in generics but also in groundbreaking treatments, setting the stage for significant growth in the coming years.
TEVA SHORT - Israel Palestine ConflictPrice points indicated on chart. Helios is shorting Teva. Looking for put options with close expiry dates.
Not financial advice
This article explores the potential implications of the ongoing Israel-Palestine conflict, which was initiated on October 7th. Teva, a global pharmaceutical giant, operates five manufacturing facilities situated within a 50-mile radius of the Gaza Strip border. This geographic proximity raises concerns about the company's exposure to heightened geopolitical tensions, as any escalation in the conflict could disrupt, or even lead to the complete shutdown of these facilities. The article also contemplates the likelihood of nations worldwide seeking alternative pharmaceutical suppliers in the event of such disruptions.
Teva's Geographic Exposure:
Teva Pharmaceutical Industries maintains five manufacturing facilities located within a mere 50 miles of the Gaza Strip border. This close geographic proximity to a region frequently affected by conflicts and geopolitical tensions exposes Teva to a unique set of risks. The facilities in question play a pivotal role in the production and distribution of essential pharmaceutical products, which adds to the significance of this geographical positioning.
Potential Consequences:
The crux of this article centers on the potential consequences of the Israel-Palestine conflict for Teva Pharmaceuticals. While the conflict's course remains uncertain, any escalation in hostilities could result in a range of adverse outcomes for the company's operations:
Factory Closures: In the event of heightened tensions or direct conflict affecting these manufacturing facilities, temporary closures could disrupt production. Such closures might be mandated for employee safety or due to logistical challenges associated with operating in a conflict zone.
Shutdown Scenarios: The most extreme scenario involves the complete shutdown of Teva's facilities near the Gaza Strip border. This would not only halt production but also entail significant economic losses for the company.
Global Pharmaceutical Market Dynamics:
Furthermore, this article contemplates the global pharmaceutical market dynamics in the context of Teva Pharmaceuticals. In the event of disruptions in Teva's supply chain due to the Israel-Palestine conflict, nations worldwide may seek alternative pharmaceutical suppliers to ensure the availability of essential medications. This shift in supplier preferences could impact Teva's market share and revenues.
Conclusion:
In conclusion, the Israel-Palestine conflict has introduced a unique set of risks and challenges for Teva Pharmaceutical Industries due to its proximity to the conflict zone. While the actual impact remains uncertain and contingent on the course of the conflict, investors and stakeholders should remain vigilant and consider diversification strategies to mitigate geopolitical risks associated with their pharmaceutical investments. The potential ramifications of this conflict extend beyond regional concerns and could reverberate throughout the global pharmaceutical industry, making it imperative for industry observers and investors to closely monitor developments in the region.
TEVA Pharmaceutical Options Ahead of EarningsAnalyzing the options chain of TEVA Pharmaceutical prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
TEVA - Double Bottom?TEVA has been a repair story now for many years. With litigation in the process of being resolved, debt burdens of $2 bn. per year appear manageable with cash flow - TEVA is moving away from a debt/litigation story
to an equity story. Cash Flow of $3bn + per year, Net Income of ~ 2bn.+.... warrant a blended Intrinsic Value of ~ $22 per share. TEVA's technicals show a textbook double bottom with positive divergence. Reverting to trends and fibonacci levels confirm $22 target.
Teva: quick gains here?Teva Pharmaceutical Industries
Short Term
We look to Buy at 7.28 (stop at 7.06)
Preferred trade is to buy on dips. Previous support located at 7.20. The bias is still for higher levels and we look for any dips to be limited. Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 8.29 and 9.10
Resistance: 8.30 / 9.50 / 10.50
Support: 7.20 / 6.50 / 6.00
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Teva Pharmaceutical Industries Analyze (Rising Wedge)!!Teva is running in Descending Channel at a daily timeframe, also Teva was able to make Rising Wedge at 4h timeframe, while we can see sell signals in MACD & RSI Indicators.
Rising Wedge's 🎯 Target 🎯: around 8$
🔴 Heavy Resistance zone : 11$ until 10.3$
Teva Pharmaceutical Industries Analyze, 4h Timeframe (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe