Projected Target Price for VONG Analysts: $139
Vanguard Russell 1000 Growth ETF Analysis: The Vanguard Russell 1000 Growth ETF (VONG) has an implied analyst target price of $138.70 per unit, indicating a potential upside of 10.53% from its current trading price of $125.49.
Notable Holdings with Upside Potential: Key underlying holdings of VONG, such as AAON, Alnylam Pharmaceuticals, and H & R Block, show significant upside potential based on analyst target prices, with expected increases of 12.25%, 11.38%, and 11.27% respectively.
Analyst Target Price Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to future downgrades if they do not align with recent developments.
Investor Research Recommendation: Investors are encouraged to conduct further research to assess the validity of analyst targets and their alignment with current company and industry trends.
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- Significant Revenue Growth: Alnylam Pharmaceuticals reported nearly $1.1 billion in revenue for Q4 and full-year 2025, nearly doubling year-over-year, although it fell short of the $1.15 billion analyst forecast, indicating strong performance in the biotech sector.
- Substantial Net Income Increase: The company's non-GAAP net income surged to approximately $169.8 million, or $1.25 per share, compared to just over $8 million last year, surpassing the consensus estimate of $1.19 per share, reflecting improved profitability.
- Amvuttra Revenue Driver: The net sales of Amvuttra accounted for 83% of Alnylam's net product revenue, highlighting the strong market demand for this drug in treating transthyretin amyloid cardiomyopathy, which is crucial for the company's growth.
- Optimistic Future Outlook: Alnylam is guiding for total revenue between $5.3 billion and $5.8 billion for 2026, with the analyst consensus at $5.55 billion, indicating confidence in the sales potential of its new indication despite not providing a net income forecast.

- Financial Overview: The total net product revenue for the company is projected to be between $4.9 billion and $5.3 billion.
- Market Expectations: This revenue forecast indicates a positive outlook for the company's performance in the pharmaceutical sector.
- Disappointing Earnings: Alnylam Pharmaceuticals reported a Q4 non-GAAP EPS of $1.25, missing expectations by $0.25, indicating pressure on profitability that could affect investor confidence.
- Weak Revenue Growth: Despite an 83.8% year-over-year revenue increase to $1.09 billion, the figure fell short of expectations by $70 million, suggesting that market demand did not meet anticipated levels, potentially impacting future market strategies.
- 2026 Financial Guidance: The company projects total TTR net product revenues between $4.4 billion and $4.7 billion for 2026, with rare disease net product revenues expected between $500 million and $600 million, reflecting cautious optimism for future growth while remaining attentive to market dynamics.
- R&D and SG&A Expenses: Non-GAAP R&D and SG&A expenses are anticipated to be between $2.7 billion and $2.8 billion, demonstrating the company's ongoing commitment to R&D investment, although this may exert pressure on profit margins.
- Earnings Announcement: Alnylam Pharmaceuticals is set to release its Q4 2023 earnings on February 12 before market open, with consensus EPS estimated at $1.50 and revenue expected to reach $1.16 billion, reflecting a significant 95.6% year-over-year growth, which could have a substantial impact on the company's stock performance.
- Performance Expectations: Over the past two years, Alnylam has beaten EPS and revenue estimates 75% of the time, indicating a stable market performance; however, in the last three months, EPS estimates have seen three upward revisions and five downward adjustments, while revenue estimates experienced four upward revisions and ten downward adjustments, highlighting market uncertainty regarding future performance.
- Market Dynamics: Alnylam will exit the Nasdaq 100 alongside Lululemon and Biogen, with companies like Alnylam and Seagate being added, which may affect investor attention and the company's market positioning.
- Debt Management Strategy: Alnylam announced a partial repurchase of convertible notes due in 2027, a move that not only helps optimize its capital structure but also potentially boosts investor confidence in the company's financial health, thereby positively influencing its stock price.
- Earnings Expectations: Alnylam anticipates total Q4 2025 revenue of $1.16 billion with adjusted earnings per share of $1.50, indicating sustained growth potential in the biotech sector.
- Amvuttra Sales Surge: In Q3 2025, Amvuttra's sales skyrocketed by 162% year-over-year, primarily driven by rapid adoption in the transthyretin cardiac amyloidosis (ATTR-CM) indication, which is expected to boost Q4 performance.
- Market Performance: Although Alnylam's market share remains limited in international markets, particularly in Q4, stronger growth is anticipated in Germany and Japan in 2026, reflecting the company's strategic positioning in global markets.
- Pipeline Updates: Alnylam is expected to provide updates on its pipeline progress in the upcoming earnings report, including the initiation of a Phase 3 study for hereditary ATTR with polyneuropathy and a Phase 2 trial for Alzheimer's disease, showcasing ongoing R&D advancements.
- Inclusion Candidates: According to a report by Stephens, large-cap stocks like Marvell Technology, Vertiv, Strategy, Reddit, and Alnylam Pharmaceuticals meet the eligibility criteria for S&P 500 inclusion, drawing investor attention.
- Performance Expectations: Newly added S&P 500 constituents typically perform strongly post-announcement, prompting investors to closely monitor these candidates ahead of the U.S. Index Committee's reshuffle scheduled for Friday.
- Sector Dynamics Impact: Communication services and financials are underweight in the index relative to their market size, increasing the likelihood of Reddit and SoFi Technologies' inclusion, with the latter being the most liquid financial candidate.
- M&A Activity Potential: Data center infrastructure provider Vertiv could benefit from pending M&A activity that may create vacancies in the S&P 500, further enhancing its chances of inclusion.






