Genmab's DARZALEX Sales Reach $14.35 Billion in 2025, Continuing Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Source: NASDAQ.COM
- Sales Growth: Genmab's flagship antibody therapy DARZALEX achieved net sales of $14.35 billion in 2025, reflecting a 23.8% increase from $11.67 billion in 2024, indicating sustained global demand and market acceptance.
- U.S. Market Performance: Sales in the U.S. reached $8.27 billion in 2025, up 25.8% from $6.59 billion in 2024, showcasing the therapy's widespread application and recognition in multiple myeloma treatment.
- International Market Expansion: International sales rose from $5.08 billion in 2024 to $6.08 billion in 2025, marking a 19.7% increase, demonstrating Genmab's successful market penetration and product promotion strategies globally.
- Future Outlook: Genmab is set to report its annual results for 2025 on February 17, 2026, which is expected to further solidify its leadership position in antibody therapies and provide investors with clearer growth prospects.
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Analyst Views on GMAB
Wall Street analysts forecast GMAB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GMAB is 38.50 USD with a low forecast of 26.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
2 Hold
0 Sell
Moderate Buy
Current: 33.350
Low
26.00
Averages
38.50
High
48.00
Current: 33.350
Low
26.00
Averages
38.50
High
48.00
About GMAB
Genmab A/S is a Denmark-based international biotechnology company. It specializes in the creation and development of antibody therapeutics for the treatment of cancer. The Company is the creator of the approved antibodies: DARZALEX (daratumumab) for the treatment of certain multiple myeloma indications, Kesimpta for the treatment of adults with relapsing forms of multiple sclerosis, TEPEZZA (teprotumumab) for the treatment of thyroid eye disease and FASPRO, for the treatment of adult patients with certain multiple myeloma indications. The first approved Genmab created therapy Arzerra, approved for the treatment of certain chronic lymphocytic leukemia indications, is available in Japan and is also available in other territories via compassionate use or oncology access programs. Genmab develops a broad clinical and pre-clinical product pipeline, and owns four antibody technologies, DuoBody bispecific platform, HexaBody platform, DuoHexaBody platform & HexElect platform.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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