HALOZYME THERAPEUTICS, INC.(HALO)Stock Analysis
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Rank #32 of 2,879 stocksTOP 5%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
HALO Stock Analysis & AI Quality Score
AI stock analysis and institutional research for HALOZYME THERAPEUTICS, INC. (HALO), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores HALO at 81.2/100 on a 32-signal composite quality model, placing it at rank #32 of 2,879 stocks — the top 5% of the AI-ranked universe. HALO scores in the top quartile across balance sheet strength (98.0), profitability (94.9), free cash flow (91.6). Shareholder dilution risk is elevated at 30.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), HALOZYME THERAPEUTICS, INC. reports quarterly revenue of $376.7M, net income of $150.0M, free cash flow of $176.3M. Top institutional holders of HALO by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. HALO trades on the Nasdaq exchange and files with the SEC under CIK 1159036. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HALO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for HALOZYME THERAPEUTICS, INC. directly from SEC EDGAR. HALOZYME THERAPEUTICS, INC.'s 13F Pro composite quality score has ranged between 8 and 87 since 2021, currently 81.2 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving HALO's Business? Latest 10-Q Breakdown
AI-extracted from HALOZYME THERAPEUTICS, INC.'s 10-Q filed 2026-05-11 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Royalties surged 43% YoY to $240.7M and total revenue reached $376.7M (+43% YoY), driven by DARZALEX SC, VYVGART Hytrulo, and Phesgo sales uptake.
Biggest Revenue Drivers
Total revenue: $376.7M+43% YoY
Continued sales uptake of ENHANZE partner products predominantly DARZALEX SC by Janssen, VYVGART Hytrulo by argenx, and Phesgo by Roche.
Increased sales of bulk rHuPH20 driven by partner demand and XYOSTED proprietary product market growth.
Within Product sales, net
Partner demand for bulk rHuPH20 increased substantially.
XYOSTED market growth as we continue to gain share in testosterone replacement therapy.
Decrease due to timing of milestones achieved; these revenues fluctuate based on partner clinical, regulatory and milestone achievements.
Largest Expense Items
Increase primarily due to higher bulk rHuPH20 sales volume.
Increase due to acquisition of Elektrofi in November 2025.
Increase primarily due to Elektrofi and Surf Bio acquisitions in Q4 2025.
Increase in consulting and professional services including patent litigation, acquisitions, and compensation expenses.
Margins: Operating income increased 30% YoY to $184.5M despite operating expenses rising 56%, as revenue growth of 43% outpaced cost increases. Gross margin contracted due to cost-of-sales growth from bulk rHuPH20 manufacturing, though offset by higher-margin royalty revenues.
Watch Items from the Filing
- Elektrofi acquisition ($810.4M paid November 2025) includes contingent consideration risk: partner currently evaluating potential return of a target with decision expected by September 2026; material interim impairment of intangibles and goodwill possible if target returns without alternative.
- Significant debt refinancing completed: $1.5B of 2031 and 2032 Convertible Notes issued November 2025, with $1.02B used to repurchase 2027 and 2028 notes; total convertible debt now $2.18B principal.
- Hypercon and Surf Bio integration underway post-acquisition; Hypercon customer relationships valued at $470M (15-year amortization) and Surf Bio contingent milestone payments of up to $100M dependent on future development success.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$376.7M
Net Income
Q1 2026
$150.0M
Free Cash Flow
Q1 2026
$176.3M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+22.4% YoYNet Income
+57.7% YoYOperating Income
+63.4% YoYEPS (Diluted)
+63.3% YoYTotal Assets
+19.1% YoYTotal Debt
+0.4% YoYOp. Cash Flow
+23.3% YoY| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $1.02B +22.4% | $829.3M +25.6% | $660.1M +48.9% | $443.3M +65.7% | $267.6M +76.2% | $151.9M |
| Net Income | $444.1M +57.7% | $281.6M +39.3% | $202.1M -49.8% | $402.7M +212.0% | $129.1M +260.7% | $-80.3M |
| Operating Income | $551.5M +63.4% | $337.6M +26.2% | $267.5M -3.0% | $275.9M +91.3% | $144.3M +308.1% | $-69.3M |
| EPS (Diluted) | $3.43 +63.3% | $2.10 +45.8% | $1.44 -47.4% | $2.74 +201.1% | $0.91 +262.5% | $-0.56 |
| Total Assets | $2.06B +19.1% | $1.73B -5.9% | $1.84B +66.7% | $1.10B +90.4% | $579.9M +31.7% | $440.2M |
| Total Debt | $1.51B +0.4% | $1.50B -1.3% | $1.52B +57.3% | $966.1M +143.2% | $397.2M +214.3% | $126.4M |
| Operating Cash Flow | $479.1M +23.3% | $388.6M +61.8% | $240.1M -19.8% | $299.4M +440.0% | $55.5M +212.0% | $-49.5M |
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Available Research
13F Pro tracks comprehensive data for HALOZYME THERAPEUTICS, INC. including:
Top Institutional Holders of HALO
BlackRock, Inc.
$857.3M13,265,053 shVANGUARD CAPITAL MANAGEMENT LLC
$340.7M5,271,218 shVANGUARD PORTFOLIO MANAGEMENT LLC
$339.3M5,249,206 shSTATE STREET CORP
$319.1M4,937,854 shInvesco Ltd.
$259.3M4,012,494 shBANK OF AMERICA CORP /DE/
$188.3M2,913,109 shBoston Partners
$173.4M2,683,683 shMORGAN STANLEY
$165.6M2,562,309 shWILLIAM BLAIR INVESTMENT MANAGEMENT, LLC
$163.3M2,525,975 shGEODE CAPITAL MANAGEMENT, LLC
$162.0M2,505,786 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $857.3M | 13,265,053 |
| VANGUARD CAPITAL MANAGEMENT LLC | $340.7M | 5,271,218 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $339.3M | 5,249,206 |
| STATE STREET CORP | $319.1M | 4,937,854 |
| Invesco Ltd. | $259.3M | 4,012,494 |
| BANK OF AMERICA CORP /DE/ | $188.3M | 2,913,109 |
| Boston Partners | $173.4M | 2,683,683 |
| MORGAN STANLEY | $165.6M | 2,562,309 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $163.3M | 2,525,975 |
| GEODE CAPITAL MANAGEMENT, LLC | $162.0M | 2,505,786 |
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Is HALO a good stock to buy?
13F Pro's AI-powered analysis of HALOZYME THERAPEUTICS, INC. (HALO) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for HALO are available on the HALO stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own HALO?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling HALO. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of HALOZYME THERAPEUTICS, INC.'s investment landscape.