Gilead Sciences, Inc. (GILD) earnings on August 4, 2026

After the market closes Q2 2026

More Gilead Sciences, Inc. earnings

Prior outlook: Pessimistic Outcome: Accurate

Gilead Sciences shares fell 1.9% after earnings, despite an intraday high of 3.1%, with analysts reiterating ratings and adjusting targets.

GILD price around the earnings

131.76

Change: -1.9%

2026-08-05, 20:00 UTC

Start of the measured window End of the measured window
129.67 132.61 135.54 138.48 134.38
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
August 4, 2026 August 5, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Accurate

Thesis published
Results released

Pre-release: Legal win supports company numbers, but trajectory collapsed sharply into earnings.

Context analyzed before publication

Trend
Stock experienced a sharp collapse in trajectory from positive to significantly negative into earnings.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.69
Analysts covering the stock
27
Average price target
157.15
Lowest price target
120
Highest price target
180
Upside to price target
17.1%
Quarterly earnings growth
53.7%
Revenue growth
4.4%
Forward EPS
9.62
Trailing EPS
7.34
Analyst moves in the last 60 days
9
  • Strong buy: 6
  • Buy: 16
  • Hold: 7
  • Sell: 0
  • Strong sell: 0
Strong buy
6
Buy
16
Hold
7
Sell
0
Strong sell
0
  • July 29, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
  • July 27, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
  • July 21, 2026 · Leerink Partners: Downgrades rating (Outperform → Market Perform)
  • July 8, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
  • July 7, 2026 · RBC Capital: Maintains rating (Sector Perform → Sector Perform)
  • July 7, 2026 · Truist Securities: Maintains rating (Buy → Buy)
  • July 6, 2026 · Cantor Fitzgerald: Reiterates rating (Overweight → Overweight)
  • July 6, 2026 · HSBC: Upgrades rating (Hold → Buy)
  • June 16, 2026 · Cantor Fitzgerald: Reiterates rating (Overweight → Overweight)

Technicals

Evidence

Price when the context was analyzed
131.21
Average true range (ATR)
2.5%
Distance to 52-week high
-12.8%
14-day change (14d)
-1.5%
30-day change (32d)
-0.0%
30-day relative strength
+1.7%
QQQ change (32d)
-1.8%
Nearest support
130.41
Distance to nearest support
0.6%
Nearest resistance
131.36
Distance to nearest resistance
0.1%
Volume accumulation ratio (14d / 46d)
0.8
  • Mid: 130.41 (0.6% away, 0.24 ATR, 13 touches)
  • Major: 129.23 (1.5% away, 0.6 ATR, 42 touches)
  • Major: 127.96 (2.5% away, 0.98 ATR, 45 touches)
  • Major: 131.36 (0.1% away, 0.04 ATR, 48 touches)
  • Major: 132.79 (1.2% away, 0.47 ATR, 38 touches)
  • Mid: 133.67 (1.9% away, 0.74 ATR, 16 touches)

Trends

Evidence

Average earnings surprise
+6.9%
  • May 7, 2026: actual EPS 2.03 vs estimate 1.91 (surprise +6.2%)
  • February 10, 2026: actual EPS 1.86 vs estimate 1.81 (surprise +2.8%)
  • October 30, 2025: actual EPS 2.47 vs estimate 2.14 (surprise +15.7%)
  • August 7, 2025: actual EPS 2.01 vs estimate 1.96 (surprise +2.7%)

Expected move

Implied move
+3.8%
Source
Options chain

Reactions over its last 20 earnings

Median move
3.8%
75th percentile move
4.8%
90th percentile move
7.6%
Up / down moves
10 / 10
Average up move
+5.5%
Average down move
-3.0%

Monitoring and close

What Gilead Sciences, Inc. reported

Status
Finished
Actual EPS-6.75
EPS estimate-7.25
EPS surprise+6.9%

Gilead posted a Q2 loss on acquisition costs but beat revenue estimates on strong HIV drug sales. Adjusted annual guidance improved, while GAAP outlook was lowered.

Sources (13)

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Accurate
Consolidated
-1.9%
Max favorable move (MFE)
3.6%
Max adverse move (MAE)
3.1%