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Hikma Pharmaceuticals PLCLSE:HIK Stock Report

Market Cap UK£3.1b
Share Price
UK£14.57
UK£18.74
22.3% undervalued intrinsic discount
1Y-29.6%
7D-1.6%
1D
Portfolio Value
View

Hikma Pharmaceuticals PLC

LSE:HIK Stock Report

Market Cap: UK£3.1b

Hikma Pharmaceuticals (HIK) Stock Overview

Develops, manufactures, markets, and sells a range of generic, specialty, and branded pharmaceutical products. More details

HIK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health4/6
Dividends4/6

HIK Community Fair Values

Create Narrative

See what 59 others think this stock is worth. Follow their fair value or set your own to get alerts.

Hikma Pharmaceuticals PLC Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hikma Pharmaceuticals
Historical stock prices
Current Share PriceUK£14.57
52 Week HighUK£20.74
52 Week LowUK£11.87
Beta0.65
1 Month Change-1.42%
3 Month Change16.19%
1 Year Change-29.61%
3 Year Change-21.46%
5 Year Change-39.77%
Change since IPO416.67%

Recent News & Updates

Narrative Update Jun 18

HIK: Manufacturing Expansion And Steady Outlook Will Support Future Re Rating

Hikma Pharmaceuticals’ analyst price target has been held steady at £18.74, as analysts point to unchanged assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view. What’s in the News for Hikma Pharmaceuticals Hikma Pharmaceuticals announced plans to invest $267 million to expand manufacturing operations in Columbus and Bedford, Ohio, with a total of 350 new jobs expected, pending approval of economic development incentives.
Narrative Update Jun 03

HIK: Index Change And Buyback Will Support Future Re Rating

Analysts have reduced their price target on Hikma Pharmaceuticals from £23.00 to £18.00, reflecting updated views on the stock while maintaining broadly consistent long term assumptions around fair value, discount rate, growth, margins and future P/E. What's in the News Hikma Pharmaceuticals USA Inc.
Narrative Update May 18

HIK: Buyback And Index Move Will Support Future Re Rating

Narrative update Hikma Pharmaceuticals' analyst price targets have been reset lower, with updates such as the move from £23.00 to £18.00 and from £24.00 to £20.00, as analysts factor in a slightly higher discount rate and modestly adjusted long term valuation assumptions while maintaining broadly constructive views on the stock. Analyst Commentary Recent Street research on Hikma Pharmaceuticals points to a recalibration of valuation, with price targets reduced but positive ratings maintained, including an Overweight rating from JPMorgan.
Narrative Update May 03

HIK: Buyback Plan And Index Shift Will Support Future Re Rating

Analysts have trimmed their fair value estimate for Hikma Pharmaceuticals to about £18.84 from £19.17, reflecting reduced price targets to £18.00 and £20.00 as they factor in slightly lower assumed revenue growth, profit margin and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts continue to see upside, keeping positive ratings in place even as price targets are trimmed to £18.00 and £20.00, which still sit above the revised fair value estimate of about £18.84.

Recent updates

Narrative Update Jun 18

HIK: Manufacturing Expansion And Steady Outlook Will Support Future Re Rating

Hikma Pharmaceuticals’ analyst price target has been held steady at £18.74, as analysts point to unchanged assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view. What’s in the News for Hikma Pharmaceuticals Hikma Pharmaceuticals announced plans to invest $267 million to expand manufacturing operations in Columbus and Bedford, Ohio, with a total of 350 new jobs expected, pending approval of economic development incentives.
Narrative Update Jun 03

HIK: Index Change And Buyback Will Support Future Re Rating

Analysts have reduced their price target on Hikma Pharmaceuticals from £23.00 to £18.00, reflecting updated views on the stock while maintaining broadly consistent long term assumptions around fair value, discount rate, growth, margins and future P/E. What's in the News Hikma Pharmaceuticals USA Inc.
Narrative Update May 18

HIK: Buyback And Index Move Will Support Future Re Rating

Narrative update Hikma Pharmaceuticals' analyst price targets have been reset lower, with updates such as the move from £23.00 to £18.00 and from £24.00 to £20.00, as analysts factor in a slightly higher discount rate and modestly adjusted long term valuation assumptions while maintaining broadly constructive views on the stock. Analyst Commentary Recent Street research on Hikma Pharmaceuticals points to a recalibration of valuation, with price targets reduced but positive ratings maintained, including an Overweight rating from JPMorgan.
Narrative Update May 03

HIK: Buyback Plan And Index Shift Will Support Future Re Rating

Analysts have trimmed their fair value estimate for Hikma Pharmaceuticals to about £18.84 from £19.17, reflecting reduced price targets to £18.00 and £20.00 as they factor in slightly lower assumed revenue growth, profit margin and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts continue to see upside, keeping positive ratings in place even as price targets are trimmed to £18.00 and £20.00, which still sit above the revised fair value estimate of about £18.84.
Narrative Update Apr 19

HIK: Index Move And Buyback Plan Will Support Future Re Rating

Narrative Update: Hikma Pharmaceuticals The analyst price target for Hikma Pharmaceuticals has been reset towards a lower Street range, with recent cuts to £18.00 and £20.00. These figures inform a modestly higher fair value estimate of £19.17, supported by analysts referencing updated assumptions on revenue growth, profit margins and future P/E levels.
Narrative Update Apr 02

HIK: Buyback Plan And Leadership Changes Will Support Future Re Rating

Hikma Pharmaceuticals' updated fair value estimate has edged down slightly to £19.02 per share from £19.06. This reflects a series of reduced analyst price targets between £1,600 and £2,000, along with their increased focus on management uncertainty, strategic direction, and a more conservative P/E outlook.
Narrative Update Mar 19

HIK: Buyback Plan And Leadership Changes Will Support Future Re Rating

The analyst price target for Hikma Pharmaceuticals has been reduced by £1.41 per share. This change reflects updated fair value assumptions and ongoing analyst concerns around management visibility, strategic direction, and the near-term earnings outlook.
New Narrative Mar 14

Injectable Expansion And MENA Scale Will Shape A Cautious Yet Steady Outlook

Catalysts About Hikma Pharmaceuticals Hikma Pharmaceuticals develops and supplies generic and branded medicines, including injectables, across MENA and the US. What are the underlying business or industry changes driving this perspective?
Narrative Update Mar 05

HIK: Leadership Change And Buyback Plan Will Support Future Re Rating Potential

Analysts have trimmed their price expectations for Hikma Pharmaceuticals, with our updated fair value moving from £21.82 to £20.47. This reflects recent cuts to Street targets to £2,000 and £1,600, as well as increased caution around growth, margins and the P/E investors may be willing to pay.
New Narrative Feb 28

Rising CMO And Injectable Pipelines Will Support A Stronger Long Term Outlook

Catalysts About Hikma Pharmaceuticals Hikma Pharmaceuticals develops, manufactures, and supplies branded, generic, and injectable medicines across MENA, Europe, and North America. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 18

HIK: Leadership Change And Execution On Plans Will Support Re Rating Potential

Analysts have trimmed their fair value estimate for Hikma Pharmaceuticals from about £22.14 to £21.82, citing a slightly higher discount rate and lower future P/E assumptions following recent research that highlights uncertainty around management, strategy and potential catalysts. Analyst Commentary Recent research reflects a cautious tone on Hikma Pharmaceuticals, with the downgrade in rating and a £16.00 price target framed around execution risk and limited near term triggers for a re rating.
Narrative Update Feb 04

HIK: Leadership Reset And New Guidance Will Support Earnings Outlook

Analysts have adjusted their price targets for Hikma Pharmaceuticals within a wide £1,600 to £2,400 range, reflecting differing views on management clarity, strategic direction, and available catalysts for the shares. Analyst Commentary Recent research on Hikma Pharmaceuticals shows a split between analysts who see upside potential and those who are more cautious, which helps explain the wide spread in price targets.
Narrative Update Jan 21

HIK: Leadership Reset And 2030 Revenue Aim Will Underpin Earnings Outlook

Hikma Pharmaceuticals' updated fair value estimate has inched from £21.99 to £22.14 per share, reflecting mixed analyst views, as some raise price targets into the £23.00 range while others turn more cautious with Underweight ratings around £16.00 and cite uncertainty around management, strategy, and the outlook. Analyst Commentary Recent Street research on Hikma Pharmaceuticals highlights a clear split in opinion, with some analysts focusing on potential upside in execution and growth, while others flag risks around management direction and near term catalysts.
Narrative Update Jan 07

HIK: Leadership Reset And 2030 Revenue Ambition Will Support Earnings Outlook

Analysts have reduced their fair value estimate for Hikma Pharmaceuticals from £22.66 to £22.00 per share, reflecting a combination of more cautious views on management, strategy and catalysts, together with recent recalibrations of price targets across covering banks. Analyst Commentary Recent Street research on Hikma Pharmaceuticals shows a split between more cautious and more optimistic voices, with differing price targets and ratings feeding into the reduced fair value estimate.
Narrative Update Dec 14

HIK: US Approvals And Pipeline Expansion Will Drive Earnings Outlook Higher

Hikma Pharmaceuticals' analyst price target has been moderately revised as analysts balance a tighter fair value estimate of about $22.66 with slightly stronger expectations for revenue growth, margins, and supportive recent target changes in the 2,300 to 2,510 GBp range. Analyst Commentary Analyst commentary on Hikma Pharmaceuticals reflects a broadly constructive stance on the company, with recent target moves clustering within a relatively tight range and signaling confidence in the sustainability of its growth profile.
Analysis Article Dec 01

Market Cool On Hikma Pharmaceuticals PLC's (LON:HIK) Earnings

Hikma Pharmaceuticals PLC's ( LON:HIK ) price-to-earnings (or "P/E") ratio of 12.3x might make it look like a buy right...
Narrative Update Nov 27

HIK: Earnings Outlook Will Improve Following US Market Approval

Hikma Pharmaceuticals' analyst price target was revised modestly lower, from £23.55 to £23.36 per share. Analysts adjusted expectations reflecting a mix of target increases and decreases among recent Street research.
Narrative Update Nov 13

HIK: Shares Will Benefit From U S Approval And Profitability Improvements

Analysts have slightly reduced their fair value estimate for Hikma Pharmaceuticals from £25.40 to £23.55. This reflects modest downward adjustments to near-term price targets along with updated assumptions for discount rates, growth, and margins.
Narrative Update Oct 29

Expanded US Market Access Will Drive Momentum Amid Regulatory Headwinds

Hikma Pharmaceuticals' analyst price target was slightly raised to £25.40 from £25.02, as analysts cite updated growth and profitability forecasts. This comes despite recent downward adjustments in individual firm targets.
Analysis Article Oct 27

Hikma Pharmaceuticals (LON:HIK) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Sep 10

Do Hikma Pharmaceuticals' (LON:HIK) Earnings Warrant Your Attention?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Sep 04

US, Europe, And MENA Expansion Will Boost Global Pharmaceutical Demand

Hikma Pharmaceuticals’ Future P/E ratio has dropped sharply, indicating improved valuation relative to earnings expectations, while revenue growth forecasts remain steady, resulting in the consensus price target edging down slightly from £25.17 to £25.02. What's in the News Hikma maintained full-year 2025 group revenue growth guidance of 4–6%, with core operating profit expected at $730–770 million; injectable segment revenue growth is guided at 7–9%, branded revenue at 6–7%, and Rx revenue broadly flat versus 2024.
Analysis Article Aug 02

Earnings Tell The Story For Hikma Pharmaceuticals PLC (LON:HIK)

With a median price-to-earnings (or "P/E") ratio of close to 16x in the United Kingdom, you could be forgiven for...
Analysis Article Jun 19

Does Hikma Pharmaceuticals (LON:HIK) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Apr 08

Investors Appear Satisfied With Hikma Pharmaceuticals PLC's (LON:HIK) Prospects

There wouldn't be many who think Hikma Pharmaceuticals PLC's ( LON:HIK ) price-to-earnings (or "P/E") ratio of 14x is...
Analysis Article Mar 17

Here's Why Hikma Pharmaceuticals (LON:HIK) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
User avatar
New Narrative Mar 10

R&D Investments And Xellia Acquisition Will Expand Product Pipeline And Revenue Prospects

Strategic R&D investments and the acquisition of Xellia are expected to enhance Hikma's product pipeline, manufacturing capabilities, and revenue growth.
Analysis Article Nov 11

Hikma Pharmaceuticals PLC's (LON:HIK) P/E Is On The Mark

Hikma Pharmaceuticals PLC's ( LON:HIK ) price-to-earnings (or "P/E") ratio of 18.4x might make it look like a sell...
Analysis Article Oct 24

Does Hikma Pharmaceuticals (LON:HIK) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Aug 11

Hikma Pharmaceuticals PLC Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Hikma Pharmaceuticals PLC ( LON:HIK ) just released its latest half-yearly results and things are looking bullish...
Analysis Article Aug 01

Hikma Pharmaceuticals PLC (LON:HIK) Shares Could Be 36% Below Their Intrinsic Value Estimate

Key Insights Hikma Pharmaceuticals' estimated fair value is UK£29.88 based on 2 Stage Free Cash Flow to Equity Hikma...
Analysis Article Apr 24

Is Hikma Pharmaceuticals PLC (LON:HIK) Trading At A 29% Discount?

Key Insights Hikma Pharmaceuticals' estimated fair value is UK£25.52 based on 2 Stage Free Cash Flow to Equity Hikma...
Analysis Article Apr 02

Is Hikma Pharmaceuticals (LON:HIK) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 25

Hikma Pharmaceuticals PLC's (LON:HIK) Share Price Matching Investor Opinion

With a price-to-earnings (or "P/E") ratio of 30.6x Hikma Pharmaceuticals PLC ( LON:HIK ) may be sending very bearish...

Shareholder Returns

HIKGB PharmaceuticalsGB Market
7D-1.6%-1.9%-1.3%
1Y-29.6%22.7%17.3%

Return vs Industry: HIK underperformed the UK Pharmaceuticals industry which returned 20.5% over the past year.

Return vs Market: HIK underperformed the UK Market which returned 17.7% over the past year.

Price Volatility

Is HIK's price volatile compared to industry and market?
HIK volatility
HIK Average Weekly Movement3.4%
Pharmaceuticals Industry Average Movement5.6%
Market Average Movement5.5%
10% most volatile stocks in GB Market11.1%
10% least volatile stocks in GB Market3.0%

Stable Share Price: HIK has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: HIK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19789,400Said Samih Darwazahwww.hikma.com

Hikma Pharmaceuticals PLC develops, manufactures, markets, and sells a range of generic, specialty, and branded pharmaceutical products. The company operates through three segments: Injectables, Hikma Rx, and Branded. The Injectables segment provides generic and specialty injectable products primarily for use in hospitals.

Hikma Pharmaceuticals PLC Fundamentals Summary

How do Hikma Pharmaceuticals's earnings and revenue compare to its market cap?
HIK fundamental statistics
Market capUK£3.09b
Earnings (TTM)UK£303.75m
Revenue (TTM)UK£2.53b
10.2x
P/E Ratio
1.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HIK income statement (TTM)
RevenueUS$3.35b
Cost of RevenueUS$1.89b
Gross ProfitUS$1.46b
Other ExpensesUS$1.06b
EarningsUS$402.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 06, 2026

Earnings per share (EPS)1.89
Gross Margin43.51%
Net Profit Margin12.00%
Debt/Equity Ratio59.5%

How did HIK perform over the long term?

See historical performance and comparison

Dividends

4.4%
Current Dividend Yield
46%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/19 06:48
End of Day Share Price 2026/06/19 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hikma Pharmaceuticals PLC is covered by 27 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sidhartha ModiBarclays
James GordonBarclays
Beatrice FairbairnBerenberg