FINWIRES · TerminalLIVE
FINWIRES

Research Alert: Azn Q1 2026 Beat As Oncology Remains Strong; Reaffirms 2026 Guidance

By

-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

AstraZeneca (AZN) posted 13% total revenue growth (+8% at constant exchange rates, CER) to USD15.3B in Q1 2026, beating consensus estimates of USD14.9B, with oncology remaining the key contributor (+16% CER). Imfinzi climbed 30% CER, supported by multiple new launches, while Enhertu grew 34% CER on continued global demand, with core operating margin remaining broadly stable Y/Y at 35% despite R&D (+8% CER) and SG&A (+7% CER) expense increases. We continue to like AZN for its strong pipeline and numerous key data readouts throughout 2026, supported by four positive Phase 3 trials and 14 regulatory approvals achieved since Q4 2025. AZN reiterated its 2026 guidance for mid- to high-single-digit revenue growth and low double-digit core EPS growth, with currency movements expected to provide modest support. We see this compelling dataset helping support its ambitious target to reach USD80B in total revenue by 2030, with guidance that is more favorable than peers like Novartis.

Related Articles

Asia

StanChart Buys Back Shares

Standard Chartered (HKG:2888) bought back 837,549 shares on Monday at an average price of 17.70 pounds sterling apiece, according to a Wednesday Hong Kong bourse filing.The British lender plans to cancel the shares, following which it will have about 2.22 billion shares in issue.

$HKG:2888
Commodities

Northern Oil and Gas Sees Strong Rise in Gas Output as Crude Production Slips in Q1

Northern Oil and Gas (NOG) produced 10% more hydrocarbons in Q1 than in the same period of 2025, it said in its earnings report, with oil averaging 148,303 barrels per day, while natural gas output rose 33% to 40.4 million cubic feet per day.While produced barrels of oil equivalent increased, within that there was a reduction in crude oil output. Crude production was 6.6 million barrels over the quarter, down 6% from Q1 2025's 7.1 million, but gas output rose to 448.4 billion cubic feet versus 337.7 billion.The company completed 41 ground game transactions that added more than 5,100 net acres and 6.14 net wells at a total cost of $43.6 million, it said.Northern Oil and Gas said the current geopolitical context was generally favorable to its business and it was "well-positioned to navigate it," it said, noting improved price realizations. It said this was also true of 2027 and 2028 forward prices which it said were now higher, giving it confidence to invest.The company said it has added 70 new asset locations in the past year, building "an underappreciated runway of future value" that it said would later differentiate it from its peers.Well performance remains strong across all basins where it operates with Appalachian volumes having set another production record.Interestingly, the statement noted that there was a bottleneck on its gas production due to a lack of "takeaway capacity" in the Permian Basin.

$NOG
Asia

Shelter Pharma Bags New Order Worth $144,000 from Sudan's Taha Drugs

Shelter Pharma (BOM:543963) has secured an order worth $144,000 from Sudan-based Taha Drugs and Chemicals, according to a BSE filing on Tuesday.The contract is for the supply of Joemega capsules and all vitamin tablets within two months.

$BOM:543963