Category: 3. Business

  • Is last week’s dip in the Rolls-Royce share price a brilliant buying opportunity?

    Is last week’s dip in the Rolls-Royce share price a brilliant buying opportunity?

    Image source: Getty Images

    The rocketing Rolls-Royce (LSE: RR) share price has created a painful problem for many investors. When a FTSE 100 stock flies it’s wonderful for those who hold it but frustrating for those who don’t. And this one really hurts. Rolls-Royce shares are up more than 1,000% in five years.

    The temptation is obvious: jump on board. The worry is that investors do so as the rally runs out of fuel. That’s the nightmare scenario. Not only have they missed the spectacular gains, they could end up in the red. So what to do?

    Timing stocks like this one is almost impossible. I’ve struggled myself. I spotted the moment of maximum opportunity and bought its shares in September 2022, then banked my profit too early when I needed some cash. Later, I took advantage of another dip and invested again. I got lucky. I’m sitting on a 200% gain.

    Overall, I’m happy. But I’d be happier if I’d simply stuck to The Motley Fool‘s classic strategy of buying great companies for the long term and holding them through thick and thin, unless the underlying investment case changes.

    Lesson learned. I’m holding now. Investors who haven’t taken a position, and had perhaps given up on Rolls-Royce, may be having a rethink after the shares dipped just over 5% last week, triggered by events in Iran. The FTSE 100 fell 5.74% over the same period, so Rolls-Royce has broadly moved with the market.

    However, one key number has changed. Recently, whenever I’ve written about Rolls-Royce, I’ve warned readers about its sky-high valuation. Last month, the price-to-earnings (P/E) ratio hit a dizzying 65. Investors were clearly pricing in huge future growth.

    So far, CEO Tufan Erginbilgic has done a magnificent job of justifying that optimism. Last July, he upgraded the group’s 2025 targets to underlying operating profit of £3.1bn–£3.2bn. That seemed ambitious at the time. But when full-year results landed on 26 February, Rolls smashed it. Full-year profit jumped 28.8% to £3.46bn.

    Erginbilgic is setting the bar even higher for 2026 and beyond. It’s been hard to bet against him. But if Rolls does fall short, many investors will be off. They won’t even say thank you for all the growth.

    The recent dip has at least eased the valuation, with the P/E falling to around 43. That’s still expensive, but it’s less extreme than before.

    Rolls-Royce’s defence arm could benefit from the current geopolitical turmoil, sadly for the world. However, the bulk of its profits still come from civil aviation engines and the accompanying long-term maintenance contracts, which are linked to flight hours. If Middle Eastern airspace is closed for some time, that could dent revenues. The recent 5% pullback offers a slightly cheaper entry point, but there are new risks too

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  • International Women’s Day: Women driving Porsche forward

    International Women’s Day: Women driving Porsche forward

    Right across Porsche – from engineering and IT to marketing and motorsports – women are informing the future of the sports car manufacturer on many different levels. Whether they are leading global teams and redefining customer experiences or developing next-generation interiors and digital ecosystems, their impact spans the entire company and is felt by every customer who gets behind the wheel.

    International Women’s Day is not about marking a single day in the calendar; at Porsche, it’s about recognising talent, passion and expertise 365 days of the year. The sports car manufacturer is firmly committed to equal opportunities and to a corporate culture in which diversity – particularly gender equality – is recognised and strategically embedded as a key driver of success. A diverse working environment strengthens the company’s innovative capacity, performance, and long-term viability.

    This is just a small selection of the powerful women helping to shape Porsche today – and inspiring generations of women to come.

    Maren Springmann: from minority to CIO





    As CIO of Porsche, Maren Springmann oversees the digital backbone of one of the world’s most iconic sports car brands – along with a team of about 700 people. From vehicle development systems to sales platforms, cybersecurity and AI, her remit is vast. But while she now leads the many, she was once one of the few.

    “When I began studying computer science, I was one of maybe three women in a lecture hall of 200 male students,” she says. It never held her back – but it was the first time she became aware of perhaps being in a minority.

    Throughout her career across multiple automotive brands and international markets, the mother of two has never personally faced discrimination, but she has witnessed it elsewhere. “I have seen more qualified women who wouldn’t have been hired if I hadn’t been involved,” she says. “That’s something I fight strongly against. It’s why diversity is so important – to prevent it from happening in the first place.”

    Mentoring has become a natural extension of that belief. “I always thought I needed to adapt, to be more ‘masculine’ to fit in,” she reflects. “But it’s not true. You don’t need to fit in. It’s better to be unique.” Today, she encourages other women in tech to see emotional intelligence as a real force.

    Much of that confidence traces back to her mother. “Growing up, she never focused on stereotypes,” she says. “Whatever I wanted to do, she supported.”

    Anna Zahlava: leading the charge

    Anna Zahlava, Product Owner My Porsche app, 2026, Porsche AG





    Before she joined Porsche, Anna Zahlava (formerly Žaja) was among the world’s best tennis players, competing in every WTA Grand Slam and numerous times at the Porsche Tennis Grand Prix in Stuttgart – where the idea of a career beyond sport first took shape.

    Today, recently returned from maternity leave, she brings a new perspective to her work – shaped by life with a young son and the focus and discipline that saw her rank 145 in the world for women’s doubles and 184 in singles. Both roles, she says, have strengthened her patience, resilience and ability to reset under pressure.

    Now a product owner for the My Porsche app, Zahlava leads the integration of charging solutions. Working at this intersection of digital innovation and everyday usability, she connects developers, designers and managers, turning complex systems into intuitive customer experiences. In meetings, she is often one of the few women present, reflecting the still male‑dominated nature of the tech and IT landscape. “But I’ve never felt held back,” she says. “If anything, I feel recognised for what I bring.

    “Tennis taught me that momentum can change quickly. You learn to refocus and move forward,” she adds. It’s a mindset she brings to one of Porsche’s fastest-evolving areas – staying agile and ready for the next serve.

    Samantha Balzano: the engineering force

    Taycan Turbo GT with Weissach package, Samantha Balzano, Manager of Interior Body Engineering, 2026, Porsche AG





    “Growing up, I remember seeing a Porsche on the road and instinctively turning my head,” says Samantha Balzano. The manager of interior body engineering joined Porsche 28 years ago, “at a time when very few women worked in production”.

    But it never occurred to Balzano that her gender might in any way hold her back – not when she was a child, enraptured by the tools, sounds and smells in her grandfather’s “magical” garage, or during her impressive engineering career. 

    “I’ve always been supported by colleagues who value competence and dedication over stereotypes. I’ve only ever experienced a strong culture of respect, collaboration and a genuine interest in diverse viewpoints,” says Balzano, who was the first woman ever appointed as a team leader in Porsche’s production department. “The more diverse our teams become, the more we all benefit – and I’m proud to contribute to that evolution.”

    Her passion for cars undoubtedly began with her grandfather – a technician who raced motorcycles. “I loved everything about that technical environment,” she says. Today, that early spark is both her profession and passion: Balzano’s team develops everything from luggage compartments to carpets and acoustics – always with the customer in mind. “In this industry, there’s no room for weakness. You have to be at the top of your game.”

    She still turns her head for a 911 – especially a GTS. “I’m addicted to that car,” she laughs. And when she sees a new Porsche on the road, knowing she helped bring it to life, that childhood magic is still there.

    Ayesha Coker: the legacy builder

    Macan Turbo, Ayesha Coker, Vice President of Marketing at Porsche Cars North America, 2026, Porsche AG





    At Porsche Cars North America, Ayesha Coker doesn’t simply market the brand – she shapes how it is experienced. As Vice President of Marketing, she leads customer relationship management, marketing communications, dealer marketing, the Porsche Track Experience, Porsche Experience Centers in Atlanta and LA, and national experiential and motorsport initiatives – ensuring that every customer touchpoint reflects the performance and emotion that define Porsche.

    Coker began her career in 2010 in an entry-level events role and, over the next 12 years, steadily rose through the organisation’s leadership ranks. In 2022, she joined the Executive Committee, becoming the first African American woman in the company’s history to do so – a milestone that resonated deeply with her family, colleagues and the broader community she represents.

    “I was shaped by the women in my family. They balanced careers, households and community responsibilities without ever lowering their standards. They didn’t talk much about resilience – they modelled it,” she says. “From a young age, I understood that excellence wasn’t optional – it was expected.”

    That conviction continues to guide her leadership. For Coker, meaningful progress comes from intentionally elevating diverse perspectives and creating space for people to contribute at their highest level. “Innovation doesn’t happen in isolation,” she says. “It’s driven by curiosity, the courage to think differently and the teams we choose to believe in and develop.”

    While she recognises the significance of being a ‘first’, her focus is on the legacy she’s building – one where cultural insight and strategic rigour are opening doors for the next generation.

    Carolina Maag: the human owner’s manual

    Carolina Maag, Overall HMI Project Leader, 2026, Porsche AG





    Every person who sits in a new Cayenne or Macan experiences Carolina Maag’s work firsthand. But when she joined Porsche as an events intern in 2019, she wasn’t even sure she’d be hired. “I remember thinking ‘It’s such a big company – they’ll never take me,’” she smiles. Seven years on, Maag is an overall HMI project leader, responsible for everything drivers see and touch on the screens inside the vehicle – from instrument cluster to central display.

    Her path, she says, “was not a straight line. It was constant change and development.” Moving into complex software projects required technical growth and confidence. Everything she works on must feel intuitive and immersive – whether it’s 3D visualisations of an owner’s car brought to life on screen or widgets that give them direct and distraction-free access to their favourite apps.

    Working in what she describes as a still male-dominated environment, she has found her strength in communication, coordinating input from more than 100 colleagues. “My biggest skill is being a translator – bringing different personalities and hierarchies together to deliver the best product for the customer.”

    Maag credits her parents for shaping that leadership style: her emotional intelligence comes from her mother, her sharp business focus from her father. At home, that same combination has earned her a nickname: her husband proudly calls her the ‘human owner’s manual’ – the person who can explain not just how things work, but why.

    Nina Braack: from aces to sim races

    Nina Braack, Manager of Esports at Porsche Motorsport, 2026, Porsche AG





    Elite sport has always been Nina Braack’s focus. For 10 years she played professional volleyball in Germany’s first and second Bundesliga, while completing a master’s degree in corporate communications. That combination of athletic drive and strategic thinking defined her long before she joined Porsche in 2022.

    Today, as Manager of Esports at Porsche Motorsport, Braack leads the Porsche Coanda Esports Racing Team – a factory team competing at the highest level of sim racing. For her, esports is far more than ‘just gaming’; it is a credible motorsport discipline that connects Porsche with a tech-savvy global audience and complements the brand’s rich racing heritage.

    Although the industry remains largely male-dominated, gender is not something she dwells on. “In a competition, you have to be the best version of yourself. It doesn’t matter who you’re playing with or who you’re up against – and it’s the same in my role today.” Often one of only two women at international events, she sees no barrier. “Commitment is what counts,” she says. Indeed esports is widely praised for broadening access to motorsport, opening doors for those who might not otherwise see a place for themselves.

    Braack’s advice to young women is simple: “Say yes. Take the opportunities that come your way. You can adjust direction later if something isn’t right – but first, you have to put yourself out there.”

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  • The ‘economic heroes’ driving Indonesia

    The ‘economic heroes’ driving Indonesia

    For nearly a decade, Djunaedi has spent his days criss-crossing the world’s biggest city, part of a green-jacketed army of motorcycle taxi drivers that has come to symbolise the struggling working class in Indonesia.

    After paying the 20 per cent government-mandated commission to the two biggest ride-hailing companies Grab and Gojek, some days Djunaedi might just “get Rp100,000 ($6) to Rp150,000”, he said, scarcely enough to get by in Jakarta. “The commission cut is indeed burdensome because it’s 20 per cent . . . [but] we can only follow the rules.”

    With more people trying to make a living delivering food and passengers, and the two biggest ride-hailing companies in merger talks, Indonesia’s government is considering the best way to support a group whose members are — as one minister put it — the “economic heroes driving the economy”.

    Djunaedi says he barely earns enough to get by in Jakarta © Agoes Rudianto/FT
    Adik Supriyanto, wearing a Grab uniform and cap, stands beside a motorcycle with a Grab helmet at Pondok Ranji Station.
    Adik Supriyanto says ride-hailing platforms should be able to help drivers ‘prosper’ © Agoes Rudianto/FT

    With the Indonesian economy struggling to create higher-paying jobs in the formal sector and a decline in the labour-heavy manufacturing sector, 7.46mn Indonesians are unemployed. Millions have become motorcycle taxi or delivery drivers in recent years.

    “Many people are unemployed, so they turned to being online motorcycle taxi drivers,” said Djoko Setijowarno, a public transport expert and professor at Soegijapranata Catholic University. But he said it was hard for this to be a “lifetime job” as the income was just enough to cover basic needs.

    One drivers’ association estimate puts the number of drivers at 7mn, exceeding the 1.4mn working in the hotel industry according to government data.

    Their rise is a regional phenomenon. Across six countries in south-east Asia, the food delivery market alone grew at a double-digit rate last year in terms of total sales value, according to Singapore-based market research firm Momentum Works. Growth was highest in Thailand at 22 per cent. As a result, demand for drivers is steady.

    Yet in Indonesia, most — classified as “driver partners” and treated as freelancers — earn far less than the monthly minimum wage for big cities of around Rp4.5mn.

    State secretary Prasetyo Hadi has said driver partners should “get the rights they deserve”. Under a new regulation under consideration, Prasetyo said ride-hailing drivers could receive better financial and social benefits, potentially paying a lower commission to companies.

    Much hinges on a proposed merger between the biggest ride-hailing platforms. If it goes ahead, GoTo — Gojek’s holding company — and Grab could create a super app that would control 90 per cent of Indonesia’s ride-hailing and food delivery market. The state secretary has said the rules will only be outlined when the merger is completed. But there are no indications when a deal could be finalised.

    The FT has previously reported that the companies are discussing giving sovereign wealth fund Danantara a “golden share” in the merged entity — a fact that drivers hope could afford them greater protection. “We asked our friends in Danantara to expedite the . . . merger process because it will impact the presidential regulation,” Prasetyo said in January.

    The concern in part reflects the fact motorcycle taxi drivers occupy a peculiarly potent space in Indonesian politics. More than one-quarter of them are university graduates, according to a survey in 2024.

    “They are coming from various backgrounds — in terms of education and income levels prior to working as drivers,” said Arya Fernandes, head of the department of politics and social change at CSIS Indonesia. “They also interact more with people, making them more open and have a wider perspective.”

    A dense crowd of Gojek and Grab motorcycle drivers, many wearing green jackets and helmets, navigate heavy traffic alongside cars during Jakarta’s morning rush hour.
    Motorcycle taxi drivers occupy a peculiarly potent space in Indonesian politics © Agoes Rudianto/FT

    Their political sway became clear last year with the death of a 21-year-old delivery driver in protests over general perks for parliamentarians. 

    Thousands of fellow drivers convoyed to his funeral, creating a sea of green on the capital’s arterial roads. Politicians and even the president himself came to his parents’ residence to offer their condolences.

    “The drivers’ consolidation likely intensified because there was a casualty from [their group],” said Fernandes. “The magnitude [of the chaos] was so large that the government and policymakers had to come and pay a visit to defuse the situation. If not, the drivers could go berserk.”

    That risk of further unrest is always there. “If the government does not listen to the complaints, concerns and demands of fellow ojol (online motorcycle taxi) drivers, it’s not impossible for mass movement to happen again,” said Raden Igun Wicaksono, founder of the Garda drivers’ association.

    “Right now inflation is rising, cost of living is increasing, while companies are putting pressure by cutting [our income].”

    Grab and GoTo told the FT that they both use the commissions to reinvest in the business and that they supported government efforts to help drivers.

    “A significant portion of the commission is reinvested into generating demand and maintaining stable order volumes, which ultimately supports more sustainable earnings for driver-partners over time,” GoTo said, though it did not respond to questions on whether it would reduce the commissions.

    Tirza Munusamy, chief of public affairs at Grab Indonesia, said the company would continue with the 20 per cent commission payments “as part of its long-term strategy to ensure reliable, competitive, sustainable services that benefit all parties in the ecosystem”.

    Grab recently said it would allocate Rp100bn for drivers’ social security, Eid bonus and training. GoTo has doubled this year’s Eid bonus for drivers to Rp110bn.

    “Application companies benefit from us. They should be able to help us as partners, to prosper,” said Grab driver Adik Supriyanto, 47.

    Despite the paltry income, Djunaedi, 45, said he would continue as a driver and was not looking for any other jobs, mainly because of his age.

    He initially made more than Rp700,000 a day ferrying food and passengers around Jakarta, far more than the $393 he earned a month at the factory. But his income has dropped due to higher commission cuts and more competing drivers. “I was better off being a driver,” he told the FT.

    “Now, as long as I get to eat, I’m already grateful.”

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  • Gulf crisis: Now, Kuwait announces cuts in oil, refining output

    Gulf crisis: Now, Kuwait announces cuts in oil, refining output

    Kuwait, OPEC’s fifth-biggest producer, cut oil and refinery production following the near-halt of shipping traffic through the Strait of Hormuz, the latest in a string of output reductions hitting some of the world’s biggest energy producers. The cuts follow the “ongoing aggression by the Islamic Republic of Iran against the state of Kuwait, including Iranian threats against safe passage of ships through the Strait of Hormuz,” Kuwait Petroleum Corp said in a statement. The cutback started with about 100,000 barrels a day as of early Saturday and is expected to almost triple on Sunday, with further gradual reductions depending on storage levels and the status of Hormuz, a person with direct knowledge of the plan said, asking not to be named because the details are private.(BLOOMBERG)

    ‘ALL EXPORTS COULD STOP…’: Arab Nation Issues GRAVE ‘GLOBAL ALERT’ Amid Relentless Iranian Strikes

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  • War to force Gulf producers to stop energy exports within days, push oil to $150, Qatar minister says – Seeking Alpha

    1. War to force Gulf producers to stop energy exports within days, push oil to $150, Qatar minister says  Seeking Alpha
    2. Oil price at two-year high after Qatar warns all Gulf production could stop within days  BBC
    3. Qatar energy minister warns Iran war will force Gulf to halt energy exports within weeks: report  Dawn
    4. Why QatarEnergy’s LNG production halt could shake up global gas markets  Al Jazeera
    5. $87 Now To $150 A Barrel In 2-3 Weeks: Qatar’s Big Oil Warning Amid Iran War  NDTV

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  • Estimating firms’ emissions from asset level data helps revealing (mis)alignment to net zero targets

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  • PSX Benchmark Index Declines 6.3%WoW – OpEd – Eurasia Review

    1. PSX Benchmark Index Declines 6.3%WoW – OpEd  Eurasia Review
    2. Selling grips bourse, KSE-100 drops 2.3% amid Middle East conflict  Business Recorder
    3. Equities sink on geopolitical concerns  Dawn
    4. PSX down 6.3% amid escalating Gulf war  The Express Tribune
    5. PSX Closing Bell: Bears Run the Show  Mettis Global

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  • Is It Time To Reassess Gilead Sciences (GILD) After Its Strong Share Price Run

    Is It Time To Reassess Gilead Sciences (GILD) After Its Strong Share Price Run

    Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.

    • If you are wondering whether Gilead Sciences is still reasonably priced after its run in recent years, the valuation story is where things get interesting.

    • The share price closed at US$143.93, with returns of 18.4% year to date and 26.0% over the last year, set against shorter term moves of a 3.4% decline over 7 days and a 3.6% decline over 30 days that may hint at changing risk appetite.

    • These recent moves are playing out against a backdrop of ongoing attention on large pharmaceutical names and how investors are weighing long term pipelines against current product portfolios. Market reactions to sector news and shifting sentiment toward established drug makers provide useful context for Gilead Sciences’ recent price action.

    • On our valuation checklist, Gilead Sciences scores 4 out of 6 for being undervalued, giving it a value score of 4. Next we look at how different valuation approaches line up on that score before turning to another way to think about what the stock may be worth.

    Gilead Sciences delivered 26.0% returns over the last year. See how this stacks up to the rest of the Biotechs industry.

    A Discounted Cash Flow, or DCF, model takes the cash Gilead Sciences is expected to generate in the future, then discounts those projected cash flows back to what they might be worth in today’s dollars.

    Gilead Sciences last twelve month Free Cash Flow is about $9.44b. Using a 2 Stage Free Cash Flow to Equity model, analyst and extrapolated estimates project Free Cash Flow reaching about $19.44b by 2035, with intermediate years such as 2026 and 2030 at around $12.35b and $15.66b respectively. Simply Wall St uses analyst inputs for the earlier years, then extends the series using its own growth assumptions for later years.

    When all those future cash flows are discounted back and aggregated, the implied intrinsic value comes out at about $290.68 per share. Compared with the recent share price of $143.93, the model suggests Gilead Sciences trades at about a 50.5% discount to this estimate, which points to the stock screening as materially undervalued on this DCF view.

    Result: UNDERVALUED

    Our Discounted Cash Flow (DCF) analysis suggests Gilead Sciences is undervalued by 50.5%. Track this in your watchlist or portfolio, or discover 50 more high quality undervalued stocks.

    GILD Discounted Cash Flow as at Mar 2026

    Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Gilead Sciences.

    For a profitable company like Gilead Sciences, the P/E ratio is a useful way to think about what you are paying for each dollar of current earnings. Investors typically accept a higher P/E when they expect stronger growth or see lower risk, and a lower P/E when they are more cautious on either earnings growth or risk.

    Gilead Sciences currently trades on a P/E of 20.99x. That is close to the Biotechs industry average P/E of 20.98x and well below the peer group average of 42.42x. On the surface, that suggests the market is valuing Gilead Sciences more in line with the broader industry than with higher rated peers.

    Simply Wall St’s Fair Ratio for Gilead Sciences is 28.09x. This is a proprietary estimate of what a reasonable P/E could be, given the company’s earnings growth profile, profit margins, industry, market cap and specific risk factors. Because it is tailored to the company, the Fair Ratio can be more informative than a simple peer or industry comparison, which may mix businesses with very different growth and risk profiles.

    Comparing the Fair Ratio of 28.09x with the current P/E of 20.99x suggests the shares trade below this Fair Ratio estimate.

    Result: UNDERVALUED

    NasdaqGS:GILD P/E Ratio as at Mar 2026
    NasdaqGS:GILD P/E Ratio as at Mar 2026

    P/E ratios tell one story, but what if the real opportunity lies elsewhere? Start investing in legacies, not executives. Discover our 20 top founder-led companies.

    Earlier we mentioned that there is an even better way to understand valuation. Let us introduce you to Narratives, which are simple stories you create about a company that connect your view of its future revenues, earnings and margins to a financial forecast and then to a fair value. This all happens within an easy tool on Simply Wall St’s Community page that millions of investors use to compare their own fair value against the current price. Investors can see, for example, how a more cautious Gilead Sciences view with a fair value of about US$126.09 and assumptions like mid single digit revenue growth and profit margins around 29% can sit alongside a more optimistic view with a fair value of about US$159.00 based on higher assumed revenue growth and profit margins above 33%. Each Narrative updates automatically as new news or earnings are added so your story and numbers stay aligned in real time.

    For Gilead Sciences, however, we will make it really easy for you with previews of two leading Gilead Sciences Narratives:

    Each one ties a clear story about the HIV, PrEP and oncology franchises to specific numbers on revenue growth, margins and what that could mean for fair value. You can use them as starting points, then adjust the assumptions to match your own view of the business.

    🐂 Gilead Sciences Bull Case

    Fair value in this bullish narrative: US$159.00 per share

    Implied discount to that fair value at the recent price of US$143.93: about 9.5%

    Revenue growth assumption used in this narrative: 6.63% a year

    • Frames Gilead as a long term cash generator, with extended strength in HIV and PrEP plus oncology and cell therapy launches that support higher margins over time.

    • Assumes earnings rising to US$10.8b by around 2028, helped by profit margins moving toward about 32% and a future P/E of 19.5x on those earnings.

    • Highlights key risks such as pricing pressure, competition in HIV and oncology and dependence on the success of drugs like lenacapavir and Trodelvy, then asks you to check whether those assumptions feel realistic to you.

    🐻 Gilead Sciences Bear Case

    Fair value in this more cautious narrative: US$132.57 per share

    Implied premium to that fair value at the recent price of US$143.93: about 8.6%

    Revenue growth assumption used in this narrative: 3.69% a year

    • Sees Gilead as more reliant on HIV and PrEP, with oncology and other launches helping but not fully resolving long run risks around regulation, pricing and competition.

    • Builds to earnings of about US$10.0b by 2028 on margins near 31%, using a future P/E of 18.7x, which leads to a consensus style fair value close to current analyst targets.

    • Spells out risks such as policy and pricing changes, future patent cliffs, execution challenges in oncology and PrEP markets and the need for ongoing high R&D spend to support growth.

    Together these Narratives bracket a reasonable range around Gilead Sciences, using different revenue, margin and P/E assumptions. Your next step is to decide which story feels closer to how you see the HIV, PrEP and oncology pieces playing out, then adjust the inputs so the fair value reflects your own view of the stock.

    Curious how numbers become stories that shape markets? Explore Community Narratives

    Do you think there’s more to the story for Gilead Sciences? Head over to our Community to see what others are saying!

    NasdaqGS:GILD 1-Year Stock Price Chart
    NasdaqGS:GILD 1-Year Stock Price Chart

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

    Companies discussed in this article include GILD.

    Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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  • Samsung Electronics Marks 20 Consecutive Years as the World’s No.1 TV Brand – Samsung Global Newsroom

    Samsung Electronics Marks 20 Consecutive Years as the World’s No.1 TV Brand – Samsung Global Newsroom

    Samsung Electronics today announced that it ranks as the world’s No.1 TV brand for the 20th consecutive year — marking two decades as the global leader in the television industry.

    Samsung had held the top position in the global TV market since 2006, and, according to market research firm Omdia, the company recorded a 29.1% share of the global TV market in 2025. This achievement reinforces Samsung’s leadership across premium, ultra-large and next-generation display technologies.

    Samsung led the premium segment priced over $2,500 with a 54.3% market share, driven by Neo QLED, OLED, and lifestyle TVs. It also maintained its lead in the segment over $1,500, holding a 52.2% market share.

    “When consumers choose a TV, they’re choosing a brand they can trust for years to come,” said SW Yong, President and Head of the Visual Display (VD) Business at Samsung Electronics. “Our 20-year leadership in the global TV market reflects that trust — built on decades of engineering excellence and premium innovation.”

    20 Years of Industry-Defining Innovation

    Since first reaching the No.1 position in 2006 with its design-led Bordeaux TV, Samsung has consistently innovated to reshape the television industry:

    • 2009: The company accelerated the global transition to LED TVs, setting new standards for slimmer, more energy-efficient displays.
    • 2011: The introduction of Smart TVs further transformed televisions into connected entertainment platforms, expanding their role beyond traditional viewing.
    • 2015: The Serif reimagined how TVs integrate into living spaces by introducing a design-focused TV that positioned the screen as a statement piece within the home.
    • 2017: The company launched The Frame, pioneering the Art TV category by transforming the television into a customizable digital art canvas.
    • 2017: In premium picture quality, Samsung continued to set industry benchmarks with the introduction of QLED TVs powered by quantum dot technology.
    • 2018: 8K TVs delivered over 33 million pixels — four times the resolution of 4K.
    • 2020: Samsung introduced MICRO LED technology, advancing self-emissive display innovation and setting new standards for brightness, contrast and color accuracy in ultra-large screens.

    Through continuous advancements in picture quality, smart functionality and display innovation, Samsung has played a defining role in establishing today’s premium TV standards.

    Strengthening Leadership in Premium and Next-Generation TVs

    Building on its legacy of innovation, Samsung continues to evolve its premium TV portfolio with expanded Micro RGB models, advancing its next-generation display technologies and reinforcing leadership in high-performance screens. The company also continues to enhance its OLED and Neo QLED lineups, delivering premium picture quality, ultra-large screen options and differentiated display performance.

    Samsung is expanding its Mini LED offerings as well, bringing enhanced brightness, contrast and precision control to a wider range of screen sizes and price tiers to extend advanced display performance across its lineup. At the same time, continued investment in AI-powered TVs integrates advanced processors and intelligent features that optimize picture, sound and personalization in real time.

    With two decades of proven global leadership, Samsung remains one of the most consistently recognized and trusted TV brands worldwide — offering industry-leading technology across multiple price tiers, screen sizes and display innovations.

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