Merck stock touches 52-week low at $80.74 amid market challenges

In a challenging market environment, Merck (NSE:PROR) & Co's stock has reached a 52-week low, dipping to $80.74. This downturn reflects a significant 1-year change, with the pharmaceutical giant's stock value declining by -35.68%. Investors are closely monitoring the company's performance as it navigates through a period marked by volatility and uncertainty in the healthcare sector. The current price level presents a stark contrast to the stock's performance over the past year, though analysts maintain an optimistic outlook with price targets ranging from $95 to $146. InvestingPro's Fair Value analysis suggests the stock is currently undervalued, with comprehensive insights available in the Pro Research Report covering this prominent healthcare player.

In other recent news, Merck & Co. has reported significant developments that may interest investors. UBS analysts have maintained a Buy rating on Merck, setting a price target of $105, while noting concerns about the market's current sentiment toward the company. The analysts highlighted potential overestimations in Gardasil vaccine sales, projecting $1.3 billion for the first quarter compared to the consensus of $1.4 billion. Merck's Keytruda is expected to align with consensus estimates at $7.4 billion for the same period. In other updates, the European Commission has approved Merck's Capvaxive vaccine for adults, expanding its use for preventing pneumococcal disease in Europe.

Additionally, Merck's Winrevair has shown promising results in a Phase 3 trial for pulmonary arterial hypertension, demonstrating a significant reduction in major morbidity and mortality events. The trial's success has led to its early conclusion and subsequent open-label extension study. Furthermore, Merck has introduced a new subcutaneous formulation of pembrolizumab, which may streamline treatment for metastatic non-small cell lung cancer. This formulation is currently under review by the FDA and EMA, with a decision expected by September 2025. These recent developments underscore Merck's ongoing efforts to enhance its pharmaceutical offerings and expand its market presence.

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