Bernstein Reiterates a Sell Rating on Genmab A/S (GMAB)

Genmab A/S (NASDAQ:GMAB) is one of the best affordable biotech stocks to invest in now. In a report released on September 8, Justin Smith from Bernstein reiterated a Sell rating on Genmab A/S (NASDAQ:GMAB) without assigning a price target.

Is Genmab A/S (GMAB) d The Most Profitable Biotech Stock To Buy Right Now?

In its financial performance release for the first half of 2025, Genmab A/S (NASDAQ:GMAB) reported $1.640 billion in revenue for the first six months of 2025 compared to $1.382 billion for the same period last year.

Management attributed the increase of $258 million, or 19%, to higher DARZALEX® and Kesimpta® royalties attained under the company’s collaborations with Johnson & Johnson and Novartis Pharma, respectively, along with higher net product sales for EPKINLY.

Genmab A/S (NASDAQ:GMAB) is an international biotechnology company that develops human antibody therapeutics for the treatment of cancer and other diseases.

Its product pipeline includes DARZALEX to treat certain indications of multiple myeloma, TEPEZZA for the treatment of thyroid eye disease, and Arzerra to treat certain indications of chronic lymphocytic leukemia.

While we acknowledge the potential of GMAB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GMAB and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.