Pfizer Forecasts Flat 2026 Sales and Lower Profit as COVID Demand Falls; PFE Dividend Remains $0.43
Pfizer’s latest outlook is setting the tone for how investors may view the drugmaker’s post-pandemic transition in 2026: steady underlying growth ambitions, but a near-term financial “air pocket” as COVID-19 revenue continues to shrink and several products face patent and exclusivity headwinds. On December 16, 2025, Pfizer issued its full-year 2026 guidance, projecting revenue of $59.5 billion to $62.5 billion and adjusted EPS of $2.80 to $3.00—both ranges that came in below Wall Street expectations cited by major financial outlets covering the update. Business Wire+2Reuters+2 The market reaction has been measured. After a strong move higher on Monday tied to