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Gilead Sciences, Inc. (GILD)’s Mixed Quarter Draws Divergent Analyst Views

Gilead Sciences, Inc. (NASDAQ:GILD) is one of the best blue-chip stocks to buy now. On November 3, Bernstein SocGen Group reiterated its “Outperform” rating on Gilead Sciences, Inc. (NASDAQ: GILD), setting a price target of $135. The firm highlighted the company’s solid third-quarter performance and noted continued strength in HIV therapies and emerging treatments as reasons for optimism about future growth.

Earlier, on October 31, Maxim Group analyst Michael Okunewitch maintained a neutral stance, reaffirming a Hold rating. He acknowledged strong HIV sales, particularly from Biktarvy and Yeztugo. However, he raised concerns over limited growth elsewhere, with the oncology unit facing competitive pressures and liver disease still being a smaller contributor. He concluded that Gilead’s reliance on HIV treatments and valuations in line with peers warranted caution.

On October 30, Gilead had reported third‑quarter revenues of $7.8 billion, up 3% from the prior year. Product sales declined 2% to $7.3 billion, primarily due to weaker demand for Veklury and Cell Therapy, although the HIV and liver disease portfolios provided a lift. Earnings per share rose to $2.43 from $1.00 a year earlier, aided by the absence of large impairment charges and a $400 million boost from other revenues.

Gilead has lifted its full‑year outlook, projecting revenue between $28.4 billion and $28.7 billion, slightly higher than its earlier range of $28.3 billion to $28.7 billion. The company now expects earnings per share to come in between $8.05 and $8.25, compared with the prior forecast of $7.95 to $8.25.

Based in Foster City, California, Gilead Sciences (NASDAQ:GILD) is a biopharmaceutical firm known for developing treatments for serious illnesses, including HIV, viral hepatitis, and cancer.

While we acknowledge the potential of Gilead Sciences (NASDAQ:GILD) as an investment, 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 GILD and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: Top 9 Undervalued Asset Management Stocks to Buy and 13 Best AI Stocks to Buy Under $20.

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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