11 Cheap Pharmaceutical Stocks to Buy Now

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7. Teva Pharmaceutical Industries Limited (NYSE:TEVA)

Forward P/E: 6.03

Number of Hedge Fund Holders: 64

Teva Pharmaceutical Industries Limited (NYSE:TEVA) is one of the top cheap pharmaceutical stocks to buy now. Leader Capital Markets analyst Sabina Levi maintained a Buy rating on Teva Pharmaceutical Industries Limited (NYSE:TEVA) on August 1, setting a price target of ILA9,300.00.

The rating update followed Teva Pharmaceutical Industries Limited’s (NYSE:TEVA) release of its fiscal Q2 2025 results on July 30. The company reported that it is on track for a 30% operating profit margin by 2027, in line with its Pivot to Growth Strategy.

Q2 2025 marked the 10th consecutive quarter of year-over-year revenue growth for Teva Pharmaceutical Industries Limited (NYSE:TEVA), with Q2 2025 revenue reaching $4.2 billion.

The company reported a GAAP diluted EPS of $0.24, while non-GAAP diluted EPS reached $0.66, reflecting a growth of $0.05 or 9% year-over-year. Free cash flow for the quarter also rose 47% year-over-year to $476 million.

Teva Pharmaceutical Industries Limited (NYSE:TEVA) develops, produces, and sells medicines. Its operations are divided into the US, Europe, and International Markets geographical segments.

Each business segment covers the entire product portfolio in that region, including specialty, generics, and over-the-counter (OTC) products.

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