Framework Journal · one stock, one dated entry

Recorded 2026-07-27 · Permanent

Regeneron Pharmaceuticals logoRegeneron Pharmaceuticals REGN

Clears both ethical standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Regeneron Pharmaceuticals, Inc.

The label
Markup

read at $667.17

Regeneron Pharmaceuticals holds its Markup at $667.17.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markup label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-27
PhaseMarkup
Quantitative stateElevated stress, defensive posture warranted, held for 5 days
Price$667.17
Valuation16.30 trailing · 12.22 forward price to earnings
Values screenPASS · score 69.9
Beta0.24

The opportunity · what the numbers say it is worth

Our framework reads OPPORTUNITY — it trades at roughly a 50% discount to our $1,000.00 fair value, moderate competitive moat, 19.00% revenue growth.

Read at
$667.17
16.30 P/E · 12.22 fwd
Our fair value
$1,000.00
50% discount
Analyst target (avg)
$816.79
+22% to current
Target low $641.00Analyst target rangeTarget high $1,000.00
▲ current $667.17 · | average target

Price history & projections · where it has been, where the models see it going

$1,038$760$482TODAY5y agoPROJECTIONOur fair value$1,000.00 +66%Analyst high$1,000.00 +66%Conservative$900.94 +50%Analyst avg$816.79 +36%

The valuation journey · where the price sits against fair value and the Street

Current
$667.17
you are here
Conservative
$900.94
+35%
Analyst avg
$816.79
+22%
Our fair value
$1,000.00
+50%
Analyst high
$1,000.00
+50%

Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.

Reading the gap · Both our model and the analysts see meaningful upside from here.

Revenue growth19.00%
Profit margin29.65%
Debt to equity8.61
Analyst consensusBuy · 26 covering

Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.

The values screen, explained · five checks, plain English

This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:

The common standard · AAOIFI
Used by most halal investing apps
✓ PASSES
Our stricter standard · asset-based
The one Titan applies
✓ PASSES

What these two standards are, and how they differ →

  • Business activity Its core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
  • Debt load Interest-bearing debt is just 6.7% of its assets, well under the one-third ceiling — it does not run on borrowed money. Pass
  • Interest-bearing cash Cash held in interest-bearing accounts and securities is 25.3% of assets, under the one-third limit. Pass
  • Receivables Money owed to the company is 21.8% of assets, under the 49% limit. Pass
  • Revenue purity Only 5.0% of revenue comes from non-compliant sources — under the 5% line. Pass

Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.

The business, in plain words · what the numbers mean

Biotech Pipeline Delivers Steady Cash and Growth

A medicine that actually clears blocked vision or calms severe inflammation can shift from lab bench to patient in a few years and start paying back fast. Regeneron keeps turning that process into reliable revenue.

The company grows sales 19 percent a year, holds a 30 percent profit margin and trades at 12.4 times forward earnings. A moderate moat, clean ethical screen and 48 percent gap to our fair value mark it as an opportunity rather than a story stock.

Pipeline setbacks and fresh competition remain real threats in biotech, while 15 percent return on equity shows capital still works harder elsewhere. Analysis, not advice.

The fundamentals · plain-English read
Forward P/E12.2x
cheap for a company growing this fast
Trailing P/E16.3x
reasonably valued
Revenue growth19.0%
steady growth
Profit margin29.6%
healthy profit margins
Return on equity14.5%
a solid return on shareholder capital
Debt to equity0.09
minimal debt — a conservative balance sheet
Current ratio3.57
comfortably covers its short-term bills
Beta0.24
barely tracks the market's swings
Market cap$69.9B
Employees15,343

The risks · The things to watch: as a biotechnology name, trial and regulatory outcomes can move it sharply either way.

Plain-English interpretation of our own screen data. Analysis, not advice.

Latest news · what the market is reading on REGN

Headlines from third-party outlets, linked for reference — not our reporting, not advice.

Related securities · others in REGN's space worth a look

Screened names in the same industry · explore each on its own page.

Where & how to trade · wherever in the world you are

REGN trades on a US exchange. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The trader read · the latest dated commentary

The framework has shifted from accumulation to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833. It reported earnings in this window, a natural checkpoint for the thesis. Entered 2026-07-30 · Markup

The dated journal · newest first, never edited

2026-07-30 Markup · changed $667.17 +0.0% Entry 10

The framework has shifted from accumulation to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833. It reported earnings in this window, a natural checkpoint for the thesis.

2026-07-28 Accumulation $667.17 -1.4% Entry 9

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 1.4% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833. It reported earnings in this window, a natural checkpoint for the thesis.

2026-07-27 Accumulation $676.69 +0.0% Entry 8

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833. It reported earnings in this window, a natural checkpoint for the thesis.

2026-07-26 Accumulation $676.69 +0.0% Entry 7

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833. It reported earnings in this window, a natural checkpoint for the thesis.

2026-07-25 Accumulation $676.69 +0.0% Entry 6

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833. It reported earnings in this window, a natural checkpoint for the thesis.

2026-07-24 Accumulation $676.69 +0.0% Entry 5

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833. It reported earnings in this window, a natural checkpoint for the thesis.

2026-07-23 Accumulation · changed $676.69 +6.5% Entry 4

The framework has shifted from distribution to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 6.5% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833. It reported earnings in this window, a natural checkpoint for the thesis.

2026-07-18 Distribution $635.45 +0.0% Entry 3

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is holding around 8% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 16%. Our forward projection puts the odds of a 10% gain over the next month near 15%. The street (28 analysts) rates it buy, with a mean price target of $833.

2026-07-03 Distribution $635.45 +0.0% Entry 2

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

2026-07-02 Distribution $635.45 Entry 1

The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The insider ledger · Form 4 filings, as filed

Most recent filings · REGN
DateInsiderTitleTypeSharesValue
2026-05-01 RYAN ARTHUR F Director 100 $70,524
2026-04-01 RYAN ARTHUR F Director 100 $77,727
2026-03-02 RYAN ARTHUR F Director 100 $78,550
2026-02-19 ZOGHBI HUDA Y Director 1,638 $1,279,812
2026-02-19 ZOGHBI HUDA Y Director 1,638 $617,018
2026-02-09 PITOFSKY JASON Officer 2,036 $1,585,058
2026-02-09 RYAN ARTHUR F Director 100 $77,853
2026-02-09 PITOFSKY JASON Officer 1,000 $492,000
2026-01-07 BASSLER BONNIE L Director 1,500 $1,200,000
2026-01-07 BASSLER BONNIE L Director 1,500 $561,180

Public filings, recorded as found. The full tape lives at Insider Intelligence.

The political ledger · congressional disclosures

Disclosures naming REGN
DatePoliticianPartyTypeAmount
1 May2026 Ro Khanna Democrat sell 1K–15K

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $711.71 -15.4% $0.94 $848 -15.2%
2 months $747.75 -19.5% $0.94 $807 -19.3%
3 months $745.50 -19.2% $0.94 $809 -19.1%
6 months $744.79 -19.1% $1.88 $811 -18.9%
1 year $520.68 +15.7% $3.64 $1,164 +16.4%
2 years $993.52 -39.4% $5.40 $612 -38.8%
3 years $740.40 -18.7% $5.40 $821 -17.9%
5 years $521.24 +15.6% $5.40 $1,166 +16.6%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever REGN does next, these words stay.

Regeneron Pharmaceuticals · REGN · Markup · $667.17
Recorded 2026-07-27 · before the outcome · scored mechanically

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