Stock Track | TG Therapeutics Soars 15.91% Intraday on Raised Revenue Guidance and Strong Q1 Results

Stock Track

05/07

TG Therapeutics' stock soared 15.91% during intraday trading on Wednesday, driven by the company's upbeat first-quarter financial performance and raised full-year revenue outlook.

The biopharmaceutical company reported first-quarter revenue of approximately $205 million, a significant increase from $120.9 million a year earlier, with net income rising to $19.8 million from $5.1 million. The growth was primarily fueled by strong demand for its multiple sclerosis drug BRIUMVI.

Furthermore, TG Therapeutics raised its 2026 total global revenue target to about $925 million and increased its BRIUMVI U.S. net product revenue guidance to $885-$900 million. Additionally, analyst firm H.C. Wainwright raised its price target on the stock to $70 from $60, maintaining a Buy rating, contributing to positive investor sentiment.

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The growth was primarily fueled by strong demand for its multiple sclerosis drug BRIUMVI.</p><p>Furthermore, TG Therapeutics raised its 2026 total global revenue target to about $925 million and increased its BRIUMVI U.S. net product revenue guidance to $885-$900 million. Additionally, analyst firm H.C. Wainwright raised its price target on the stock to $70 from $60, maintaining a Buy rating, contributing to positive investor sentiment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TGTX","symbol_name":"TG Therapeutics Inc.","start_time":0,"source_url":"","article_id":"1169464560","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1169464560","pubTimestamp":1778093687,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"TG Therapeutics' stock soared 15.91% during intraday trading on Wednesday, driven by the company's upbeat first-quarter financial performance and raised full-year revenue outlook.The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TGTX":"TG Therapeutics Inc."},"translate_title":"个股追踪|TG Therapeutics盘中大涨15.91%营收指引上调Q1业绩强劲","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TGTX":1},"content_text":"TG Therapeutics' stock soared 15.91% during intraday trading on Wednesday, driven by the company's upbeat first-quarter financial performance and raised full-year revenue outlook.The biopharmaceutical company reported first-quarter revenue of approximately $205 million, a significant increase from $120.9 million a year earlier, with net income rising to $19.8 million from $5.1 million. 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