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ALNYLAM PHARMACEUTICALS (ALNY)

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Earnings summaries and quarterly performance for ALNYLAM PHARMACEUTICALS.

Research analysts who have asked questions during ALNYLAM PHARMACEUTICALS earnings calls.

JF

Jessica Fye

JPMorgan Chase & Co.

6 questions for ALNY

Also covers: ALKS, AMRN, ASND +23 more
RB

Ritu Baral

TD Cowen

6 questions for ALNY

Also covers: ACAD, ATAI, BOLD +11 more
TA

Tazeen Ahmad

Bank of America

6 questions for ALNY

Also covers: ACAD, APLS, ARGX +20 more
LI

Luca Issi

RBC Capital Markets

5 questions for ALNY

Also covers: ADVM, ALLO, AMGN +12 more
Gena Wang

Gena Wang

Barclays

4 questions for ALNY

Also covers: BCRX, BLUE, BMRN +12 more
Paul Matteis

Paul Matteis

Stifel

4 questions for ALNY

Also covers: ABOS, ACAD, ALKS +11 more
Salveen Richter

Salveen Richter

Goldman Sachs

4 questions for ALNY

Also covers: ACAD, AGIO, ALLO +20 more
EM

Eliana Merle

UBS

3 questions for ALNY

Also covers: APLS, ARVN, ARWR +17 more
Gary Nachman

Gary Nachman

Raymond James

3 questions for ALNY

Also covers: ABBV, ACHV, ADMA +9 more
MR

Maury Raycroft

Jefferies

3 questions for ALNY

Also covers: ABEO, ARWR, BCRX +11 more
AJ

Adithya Jayaraman

Evercore

2 questions for ALNY

HW

Huidong Wang

Barclays

2 questions for ALNY

Also covers: BCRX, BEAM, BLUE +15 more
JP

Julian Pino

Jefferies

2 questions for ALNY

Also covers: ACAD, ALEC, BMRN +2 more
KB

Konstantinos Biliouris

BMO Capital Markets

2 questions for ALNY

Also covers: BEAM, BMRN, LEGN +3 more
Kostas Biliouris

Kostas Biliouris

BMO Capital Markets

2 questions for ALNY

Also covers: BMRN, LEGN, NTLA +2 more
MU

Michael Ulz

Morgan Stanley

2 questions for ALNY

Also covers: ARWR, FATE, GUTS +8 more
DL

David Lebowitz

Citigroup Inc.

1 question for ALNY

Also covers: ARWR, ASND, BPMC +11 more
EM

Ellie Merle

UBS Group AG

1 question for ALNY

Also covers: ALT, ARVN, ARWR +12 more
MF

Mani Foroohar

Leerink Partners

1 question for ALNY

Also covers: ADVM, ARWR, BBIO +9 more
MR

Maurice Raycroft

Jefferies Financial Group

1 question for ALNY

Also covers: ABEO, AFMD, ARWR +14 more
TV

Teresa Vitali

Scotiabank

1 question for ALNY

Also covers: GERN
TV

Theresa Vitelle

Scotiabank

1 question for ALNY

Tommie Reerink

Tommie Reerink

Goldman Sachs

1 question for ALNY

Also covers: ATRA, BMRN, BPMC +2 more

Recent press releases and 8-K filings for ALNY.

Alnylam Announces $250 Million Manufacturing Facility Expansion
ALNY
New Projects/Investments
  • Alnylam Pharmaceuticals (ALNY) plans a $250 million investment to expand its manufacturing facility in Norton, Massachusetts.
  • This expansion will integrate the siRELIS™ enzymatic ligation platform, which is expected to substantially increase manufacturing capacity and significantly reduce production costs.
  • The new capabilities are projected to become fully operational by late 2027.
  • The U.S. Food and Drug Administration (FDA) has accepted the siRELIS™ platform into its Emerging Technology Program, which will accelerate global regulatory engagement.
Dec 17, 2025, 1:00 PM
Alnylam Announces Partial Repurchase of Convertible Senior Notes
ALNY
  • Alnylam Pharmaceuticals, Inc. has entered into agreements to repurchase approximately $34.4 million aggregate principal amount of its 1.00% convertible senior notes due 2027.
  • The total repurchase cost, including accrued and unpaid interest, is approximately $51.9 million.
  • Following these transactions, approximately $362.8 million aggregate principal amount of the notes will remain outstanding.
Dec 11, 2025, 12:25 PM
Alnylam Provides Update on Amvuttra Launch, Pipeline, and Strategic Goals
ALNY
Product Launch
New Projects/Investments
Guidance Update
  • Alnylam is on the cusp of delivering its P5x25 goals, which include achieving sustainable non-GAAP profitability, and plans to announce new objectives early next year.
  • The Amvuttra cardiomyopathy launch has had a "terrific start," with patient volume demand doubling in the last quarter and broad utilization across first-line and second-line patients. The company expects continued growth in the TTR market, where only 20% of an estimated 150,000 US patients are currently diagnosed.
  • Alnylam is advancing Nucresiran, its next-generation TTR program, with Phase 3 studies targeting market entry around 2028 for polyneuropathy and 2030 for cardiomyopathy, offering >95% TTR knockdown and a twice-a-year regimen.
  • The company has initiated a Phase 1 study for its Huntington's disease program, which aims to knock down the full-length Huntington protein and exon one fragment.
Nov 19, 2025, 11:30 AM
Alnylam Discusses Strong Amvuttra Launch and Pipeline at Jefferies Conference
ALNY
Product Launch
Guidance Update
New Projects/Investments
  • Alnylam, a leading RNAi company, is on the cusp of achieving its P5x25 goals, which include sustainable non-GAAP profitability, and will announce new objectives early next year.
  • The launch of Amvuttra for cardiomyopathy has seen a "terrific start", with access to key healthcare systems achieved rapidly and patient volume demand doubling in the last quarter (Q3 2025), leading to increased guidance.
  • The company anticipates continued growth in the TTR cardiomyopathy market, where only 20% of an estimated 300,000 global patients are currently diagnosed, and is advancing Nucresiran, a next-generation TTR therapy, with potential launches in 2028 (polyneuropathy) and 2030 (cardiomyopathy).
  • Alnylam's clinical pipeline includes several potential blockbuster opportunities, such as zilebesiran for hypertension and a promising Phase 1 program for Huntington's disease, which is considered a key catalyst.
Nov 19, 2025, 11:30 AM
Alnylam Reports Strong Amvuttra Launch and Pipeline Progress
ALNY
Product Launch
New Projects/Investments
Guidance Update
  • Alnylam reported a terrific start to the Amvuttra cardiomyopathy launch, with patient volume demand doubling in the last quarter (Q3 2025). Amvuttra is gaining traction as a first-line therapy and capturing a significant share of second-line opportunities.
  • The company is advancing Nucresiran, its next-generation TTR program, targeting over 95% TTR knockdown with a twice-a-year regimen. Phase III studies are underway, with potential market entry in 2028 for polyneuropathy and 2030 for cardiomyopathy.
  • Alnylam is focused on its broader clinical pipeline, including a Phase 1 study for Huntington's disease, which is considered a key program.
  • The market for TTR amyloidosis with cardiomyopathy is expected to grow for years, as only 20% of the estimated 150,000 U.S. patients are currently diagnosed.
  • Alnylam is on track to achieve its P5x25 goals, including sustainable non-GAAP profitability, and plans to announce new five-year objectives early next year.
Nov 19, 2025, 11:30 AM
Alnylam Pharmaceuticals Reports Strong Q3 2025 CM Revenue and Achieves 2025 Goals
ALNY
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Alnylam Pharmaceuticals reported $300 million in cardiomyopathy (CM) revenue for Q3 2025, doubling Q2 revenue, and upgraded full-year guidance for the TTR business by $275 million at the midpoint.
  • The company successfully achieved its "P to the fifth by 25" goals, including a 40% CAGR in top-line growth and reaching non-GAAP profitability.
  • New 2030 goals will be unveiled at JPMorgan, focusing on TTR leadership, pipeline progression beyond TTR, and the company's financial profile (top-line and margin).
  • The Amvuttra launch for CM is demonstrating strong momentum with rapid formulary access and effective payer policies enabling first-line access, anticipating a mid-single-digit year-over-year price decline for the TTR business in 2025, which is expected to be offset by significant volume growth.
  • Alnylam is advancing Zilebesiran, its next-generation product, which is expected to achieve 95% TTR reduction with twice-annual dosing, and has initiated outcome studies for ATTR cardiomyopathy and hereditary polyneuropathy.
Nov 10, 2025, 3:15 PM
Alnylam Pharmaceuticals Reports Strong Q3 CM Revenue and Updates on 2025 Goals and Future Pipeline
ALNY
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Alnylam Pharmaceuticals reported strong Q3 2025 cardiomyopathy (CM) revenue of $300 million and raised full-year guidance for the second time, increasing the midpoint by $275 million for the TTR business.
  • The company is on track to achieve its P5x25 goals by the end of 2025, including exceeding a 40% CAGR for top-line growth and reaching non-GAAP profitability. New 2030 goals focusing on TTR leadership, pipeline growth, and financial profile will be unveiled at JPMorgan.
  • For its TTR business, Alnylam anticipates a mid-single-digit year-over-year net price decline in 2025, with volume growth expected to offset this reduction, a trend projected to continue into 2026.
  • The next-generation product, Zilebesiran, is expected to launch for CM around 2030 (and hereditary PN a year or two earlier), offering an anticipated 95% TTR reduction with twice-annual dosing, and is expected to significantly expand gross margins due to no royalty burden.
Nov 10, 2025, 3:15 PM
Alnylam Pharmaceuticals Reports Strong Q3 CM Revenue and Outlines Future Goals
ALNY
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
  • Alnylam Pharmaceuticals reported $300 million in cardiomyopathy (CM) revenue for Q3 2025, doubling its Q2 revenue, and upgraded its full-year guidance for the TTR business a second time.
  • The company has achieved its "P5 by 25" five-year goals, including exceeding a 40% CAGR for top-line growth and reaching non-GAAP profitability.
  • Alnylam plans to announce new 2030 goals at JPMorgan, which will likely focus on TTR leadership, pipeline progression beyond TTR, and the company's evolving financial profile, including top-line expectations and margin profile.
  • The successful launch of the cardiomyopathy indication was driven by faster-than-anticipated access and first-line positioning for Amvuttra, with a projected mid-single-digit year-over-year price decline for the TTR business in 2025 expected to be offset by significant volume growth.
  • The next-generation product, Zilebesiran, is anticipated to launch in CM around 2030 with better efficacy and twice-annual dosing, offering potential for significant margin expansion due to no royalty burden.
Nov 10, 2025, 3:15 PM
Alnylam Reports Strong Q3 2025 Results and Raises Full-Year Guidance
ALNY
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • Alnylam reported Q3 2025 revenue of $1.249 billion and net income of $251.1 million, marking a swing to profitability and an adjusted EPS of $2.90, significantly beating the Zacks consensus of $1.67.
  • The quarter's performance was primarily driven by Amvuttra sales, which generated approximately $685 million, with ATTR-CM revenues from Amvuttra about doubling from Q2.
  • Management raised its 2025 revenue guidance to about $3.05 billion, citing robust Amvuttra launch momentum.
  • Despite the positive results and increased guidance, shares fell approximately 7% after the release, following a roughly 105% year-to-date gain.
Oct 30, 2025, 7:40 PM
Alnylam Reports Strong Q3 2025 Results and Raises Full-Year Guidance
ALNY
Earnings
Guidance Update
Product Launch
  • Alnylam Pharmaceuticals reported Q3 2025 total net product revenues of $851 million, marking a 103% year-over-year growth. This was driven by TTR franchise revenues of $724 million, up 135% year-over-year, with U.S. TTR revenues reaching $543 million, a 194% year-over-year increase.
  • The company increased its total net product revenue guidance for 2025 from a range of $2.65 billion-$2.8 billion to a revised range of $2.95 billion-$3.05 billion, representing a $275 million or 10% increase at the midpoint.
  • The AMVUTTRA® ATTR cardiomyopathy launch continued its strong momentum, with patient demand roughly doubling quarter-over-quarter in Q3 2025. Health System Setup for AMVUTTRA® is now complete, and payer coverage remains broad.
  • Alnylam advanced its pipeline with the initiation of the ZENITH phase III cardiovascular outcomes trial for zilebesiran and the upcoming initiation of the TRITON-PN study for nucresiran in hATTR-PN.
Oct 30, 2025, 12:30 PM