Seagen Reports Fourth Quarter and Full Year 2021 Financial Results

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Seagen (SGEN) PT Lowered to $170 at H.C. Wainwright

February 10, 2022 6:40 AM EST

H.C. Wainwright analyst Andrew Fein lowered the price target on Seagen (NASDAQ: SGEN) to $170.00 (from $200.00) while maintaining a Buy rating following results.

The analyst commented, "Yesterday, Seagen delivered revenue guidance which fell below consensus estimates suggestive of incremental to flat sales growth... More

Seagen (SGEN) Misses Q4 EPS by 13c

February 9, 2022 4:04 PM EST

Seagen (NASDAQ: SGEN) reported Q4 EPS of ($0.95), $0.13 worse than the analyst estimate of ($0.82). Revenue for the quarter came in at $369.2 million versus the consensus estimate of $406.87 million.

GUIDANCE:

Seagen sees FY2022 revenue of $1.48-1.545 billion, versus the consensus of $2.16... More