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ALNY · ALNYLAM PHARMACEUTICALS, INC.

Changes to watch · 2 concrete new risks (customers and competition, regulation)

10-Q 2026-07-30 ↗ compared with the reference 10-K 10-K 2026-02-12 ↗

Closing price50-day average200-day average

Technical events and factor profile →

Summary

Alnylam Pharmaceuticals warns of potential revenue impact from competitors' products and Medicare reimbursement changes. Among the new risks: competitors' Products May Reduce Alnylam's Revenue Potential and medicare Reimbursement Changes Threaten Alnylam's Product Demand.

Automatic summary generated from the filing; it may contain inaccuracies.
Concrete new risks
2
Generic new risks
0
Filing
10-Q · 2026-07-30

How the stock reacted

After the 10-Q1 session5 sessions20 sessions
ALNY-28.3%-20.2%-16.6%
Nasdaq-100 (QQQ)+3.3%+8.4%+7.5%
Difference-31.6%-28.6%-24.1%

From the close before the filing. Historical data, not a prediction.

What the concrete new risks are about

Customers and competition · 1Regulation · 1

New risks 2

Concrete fact Customers and competition
Competitors' Products May Reduce Alnylam's Revenue Potential

Positive or negative safety or efficacy developments with competitive products or product candidates may impact revenue from AMVUTTRA and the commercial potential of any other products for which we receive regulatory approval for the treatment of ATTR amyloidosis with cardiomyopathy. In July 2026, for example, Ionis and AstraZeneca announced topline results from their Phase 3 CARDIO-TTRansform trial of eplontersen in patients with ATTR amyloidosis with cardiomyopathy, reporting that the trial did not meet its primary endpoint of reducing cardiovascular mortality and recurrent cardiovascular events and did not demonstrate a statistically significant benefit in a contemporary patient population in which a majority of patients were treated with a TTR stabilizer. The full data set from the CARDIO-TTRansform clinical trial, when released, may influence physicians’ prescribing patterns, which may impact demand for AMVUTTRA and any other products for which we receive regulatory approval for the treatment of ATTR amyloidosis with cardiomyopathy, affecting our revenue.

1 more new risk

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Key figures quarterly · USD

Revenue (TTM)
$4.4B
YoY growth
+66.9%
Operating margin
17.9%
Cash / debt
$1.7B / $678M
Jun 26Dec 25Sep 25Jun 25Mar 25
Revenue$1.3B$1.1B$1.2B$774M$594M
YoY growth+66.9%+84.9%+149.3%+17.3%+20.2%
Gross margin—————
Operating margin17.9%12.0%29.5%-2.1%3.0%
Net income$164M$153M$251M-$72M-$18M
Diluted EPS1.211.181.84-0.55-0.14

XBRL data filed with the SEC. The fourth fiscal quarter is calculated as the full year minus the previous three quarters.

Factor profile percentile vs. the S&P 500 and the Nasdaq-100

Momentum
12 months excl. last: -47.8% · 6 months -25.1%
2
Trend quality
R² 0.64 · falling
7
Relative strength
-35.2% vs. the S&P 500 over 6 months
6
Volatility
81% annualised
98
Beta
beta 0.40
42
Distance from high
-52.8% from the 52-week high
3
Extension
-0.3 standard deviations from its 20-day average
29

0 = the lowest in the universe, 100 = the highest. It describes how the stock has behaved, not whether to buy or sell it. Screen stocks by factors

Management tone MD&A

+27

Similar than in the previous 10-Q (2026-04-30: +26, +1 points)

10-Q of 2026-07-30 · 34.2% positive sentences, 5.5% negative · 199 sentences analysed

Index from −100 to +100 calculated with FinBERT on the results discussion (MD&A). The change matters more than the level: some sectors always sound more cautious.

Top funds 13F

Bridgewater Associates · Ray Dalio
held since Q3 2025
0.1% $30.0M -7%

Weight in each fund's portfolio and change vs. the previous quarter, from its latest 13F.

Recent material events (8-K)

2026-07-30 Results released 5 sessions: -28.6% vs Nasdaq-100 SEC ↗

All material events for ALNY →

Insiders · last 90 days

Buys
—
Discretionary sells
$399K
10b5-1 plan sells
—
2026-10-02 SUPRAN BRYAN · Officer Sell $399K SEC ↗

Source: SEC EDGAR. Automatic comparison of the risk factors section; it may contain extraction errors. Always check the original document. For information purposes only; not investment advice.