GLPG Stock Analysis: Galapagos | AS

Biotechnology | AS, Netherlands | Market Cap: 1.554m EUR | 12M Return: 8.2% | Charts, Fundamentals & Technical Analysis

Immunology Drugs, Oncology Drugs, Cell Therapies
Total Rating 42
Safety 67
Buy Signal -0.35
Biotechnology
Industry Rotation: +30.9
Market Cap: 1.77B
Avg Turnover: 2.05M
Risk 3d forecast
Volatility29.9%
VaR 5th Pctl5.07%
VaR vs Median2.94%
Reward TTM
Sharpe Ratio0.07
Rel. Str. IBD25.4
Rel. Str. Peer Group10.8
Character TTM
Beta0.235
Beta Downside0.228
Hurst Exponent0.280
Drawdowns 3y
Max DD46.77%
CAGR/Max DD-0.23
CAGR/Mean DD-0.36
EPS (Earnings per Share) EPS (Earnings per Share) of GLPG over the last years for every Quarter: "2021-06": -0.99, "2021-09": -0.98, "2021-12": 0.57, "2022-03": -0.2, "2022-06": -0.29, "2022-09": -0.54, "2022-12": -3.16, "2023-03": -3.16, "2023-06": 0.08, "2023-09": 0.39, "2023-12": 2.39, "2024-03": 1.4, "2024-06": 0.07, "2024-09": -0.74, "2024-12": 0.2888, "2025-03": -2.35, "2025-06": -1.6, "2025-09": -0.18, "2025-12": 11.9, "2026-03": null,
Last SUE: 2.51
Qual. Beats: 1
Revenue Revenue of GLPG over the last years for every Quarter: 2021-06: 139.772, 2021-09: 64.194, 2021-12: 166.988, 2022-03: 136.347, 2022-06: 137.609, 2022-09: 136.203, 2022-12: 95.12, 2023-03: 178.868, 2023-06: 149.953, 2023-09: 120.027, 2023-12: -209.124, 2024-03: 62.432, 2024-06: 77.873, 2024-09: 59.849, 2024-12: 75.495, 2025-03: 74.977, 2025-06: 65.288, 2025-09: 71.161, 2025-12: 900.822, 2026-03: 6.481,
Rev. CAGR: 115.40%
Rev. Trend: 90.4%
Last SUE: -0.06
Qual. Beats: 0

Warnings

Earnings Expected To Drop (P/E To P/E Forward)
Below Sma 200d

Tailwinds

Supp Ema8

Seasonality 11.5 years of data

Jan -0.5% 10
Feb -3.7% 19
Mar -3.8% 24
Apr +0.8% 8
May +1.9% 20
Jun -3.8% 20
Jul +1.1% 13
Aug -0.7% 0
Sep +3.9% 12
Oct -0.8% 23
Nov +2.0% 12
Dec +6.4% 38

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: GLPG Galapagos

Galapagos NV is a Belgian biotechnology firm specializing in the development of oncology and immunology therapies for the European and U.S. markets. The company’s current clinical pipeline centers on CAR-T cell therapies and small molecule inhibitors targeting autoimmune conditions and hematological malignancies.

The business model relies heavily on strategic partnerships, most notably a long-term collaboration with Gilead Sciences to advance its research and development platform. In the biotechnology sector, point-of-care manufacturing models for CAR-T therapies aim to reduce vein-to-vein time and logistical costs compared to centralized production.

Key clinical assets include GLPG3667 for lupus and dermatomyositis, alongside CD19 and BCMA CAR-T candidates currently in Phase 1/2 trials for lymphoma and multiple myeloma. For a deeper look at the fundamental metrics of this small-cap biotech, consider reviewing the data on ValueRay.

Headlines to Watch Out For
  • CAR-T pipeline clinical trial data readouts drive valuation
  • Point-of-care manufacturing platform scales to reduce oncology treatment costs
  • Gilead Sciences collaboration agreement provides long-term capital and commercial stability
  • Strategic pivot to oncology acquisitions utilizes substantial cash reserves
Piotroski VR-10 (Strict) 3.0
Net Income: 488.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.09 > 0.02 and ΔFCF/TA -1.16 > 1.0
NWC/Revenue: 283.6% < 20% (prev 1.05k%; Δ -769.6% < -1%)
CFO/TA -0.09 > 3% & CFO -292.4m > Net Income 488.8m
Net Debt (-2.98b) to EBITDA (432.1m): -6.89 < 3
Current Ratio: 30.48 > 1.5 & < 3
Outstanding Shares: last quarter (69.0m) vs 12m ago 4.82% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 28.23% > 50% (prev 7.17%; Δ 21.07% > 0%)
Interest Coverage Ratio: 171.3 > 6 (EBIT TTM 380.2m / Interest Expense TTM 2.22m)
Altman Z'' 10.00
A: 0.88 (Total Current Assets 3.06b - Total Current Liabilities 100.4m) / Total Assets 3.37b
B: 0.07 (Retained Earnings 228.3m / Total Assets 3.37b)
C: 0.10 (EBIT TTM 380.2m / Avg Total Assets 3.70b)
D: 27.33 (Book Value of Equity 3.25b / Total Liabilities 119.1m)
Altman-Z'' = 35.36 = AAA
Beneish M -2.14
DSRI: 0.18 (Receivables 54.0m/83.5m, Revenue 1.04b/288.2m)
GMI: 0.86 (GM 84.02% / 98.01%)
AQI: 0.64 (AQ_t 0.07 / AQ_t-1 0.11)
SGI: 3.62 (Revenue 1.04b / 288.2m)
TATA: 0.23 (NI 488.8m - CFO -292.4m) / TA 3.37b)
Beneish M = -2.14 (Cap -4..+1) = BB
What is the price of GLPG shares?

As of July 08, 2026, the stock is trading at EUR 26.40 with a total of 69,144 shares traded. Over the past week, the price has changed by +2.72%, over one month by +8.37%, over three months by +7.14% and over the past year by +8.20%.

Current recommended Stop Loss: 25.50 (which is 3.4% or 1.3 ATR below the current price).

Is GLPG a buy, sell or hold?

Galapagos has no consensus analysts rating.

Galapagos (GLPG) - Fundamental Data Overview as of 03 July 2026
Market Cap USD = 1.77b (1.55b EUR * 1.1405 EUR.USD)
P/E Trailing = 3.1822
P/E Forward = 357.1429
P/S = 1.4887
P/B = 0.525
Revenue TTM = 1.04b EUR
EBIT TTM = 380.2m EUR
EBITDA TTM = 432.1m EUR
Long Term Debt = 4.85m EUR (estimated: total debt 6.43m - short term 1.58m)
Short Term Debt = 1.58m EUR (from shortTermDebt, last quarter)
Debt = 6.43m EUR (from shortLongTermDebtTotal, last quarter) (leases 6.43m already included)
Net Debt = -2.98b EUR (calculated: Debt 6.43m - CCE 2.98b)
Enterprise Value = 1.55b EUR (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 171.3 (Ebit TTM 380.2m / Interest Expense TTM 2.22m)
EV/FCF = -5.16x (Enterprise Value 1.55b / FCF TTM -301.1m)
FCF Yield = -19.38% (FCF TTM -301.1m / Enterprise Value 1.55b)
FCF Margin = -28.85% (FCF TTM -301.1m / Revenue TTM 1.04b)
Net Margin = 46.83% (Net Income TTM 488.8m / Revenue TTM 1.04b)
 Gross Margin = unknown ((Revenue TTM 1.04b - Cost of Revenue TTM 20.8m) / Revenue TTM)
 Tobins Q-Ratio = 0.46 (Enterprise Value 1.55b / Total Assets 3.37b)
Interest Expense / Debt = 34.50% (Interest Expense 2.22m / Debt 6.43m)
Taxrate = 0.50% (70.0k / 14.0m)
NOPAT = 378.3m (EBIT 380.2m * (1 - 0.50%))
Current Ratio = 30.48 (Total Current Assets 3.06b / Total Current Liabilities 100.4m)
Debt / Equity = 0.00 (Debt 6.43m / totalStockholderEquity, last quarter 3.25b)
Debt / EBITDA = -6.89 (Net Debt -2.98b / EBITDA 432.1m)
 Debt / FCF = 9.88 (negative FCF - burning cash) (Net Debt -2.98b / FCF TTM -301.1m)
 Total Stockholder Equity = 2.90b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.22% (Net Income 488.8m / Total Assets 3.37b)
RoE = 16.88% (Net Income TTM 488.8m / Total Stockholder Equity 2.90b)
RoCE = 13.11% (EBIT 380.2m / Capital Employed (Equity 2.90b + L.T.Debt 4.85m))
RoIC = 11.74% (NOPAT 378.3m / Invested Capital 3.22b)
WACC = 6.92% (E(1.55b)/V(1.56b) * Re(6.81%) + D(6.43m)/V(1.56b) * Rd(34.50%) * (1-Tc(0.01)))
Discount Rate = 6.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.52 | Cagr: 2.07%
 [DCF] Fair Price = unknown (Cash Flow -301.1m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: 2.51 | # QB: 1
Revenue Correlation: 90.42 | Revenue CAGR: 115.4% | SUE: -0.06 | # QB: 0
EPS current Quarter (2026-03-31): EPS=-0.51 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS next Quarter (2026-06-30): EPS=-0.43 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-3.05 | Chg30d=+28.24% | Revisions=-50% | GrowthEPS=-129.9% | GrowthRev=-75.5%
EPS next Year (2027-12-31): EPS=-3.91 | Chg30d=+0.00% | Revisions=-40% | GrowthEPS=-28.2% | GrowthRev=-40.3%
[Analyst] Revisions Ratio: -62% (up=0, down=5)