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Halozyme Announces Merger Agreement with Elektrofi

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Halozyme Announces Merger Agreement with Elektrofi

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Halozyme ( (HALO) ) has issued an update.

On September 30, 2025, Halozyme Therapeutics, Inc. announced a merger agreement with Elektrofi, Inc., where Elektrofi will become a wholly-owned subsidiary of Halozyme. The deal involves an upfront payment of $750 million and potential milestone payments, with the merger subject to customary conditions and regulatory approvals.

The most recent analyst rating on (HALO) stock is a Buy with a $90.00 price target. To see the full list of analyst forecasts on Halozyme stock, see the HALO Stock Forecast page.

Spark’s Take on HALO Stock

According to Spark, TipRanks’ AI Analyst, HALO is a Outperform.

Halozyme’s strong financial performance and positive earnings call sentiment are the primary drivers of its high score. The technical analysis indicates strong momentum, although caution is advised due to overbought signals. The valuation is reasonable, supporting the overall positive outlook.

To see Spark’s full report on HALO stock, click here.

More about Halozyme

Halozyme Therapeutics, Inc. operates in the biotechnology industry, focusing on developing and commercializing products that enhance the delivery of biologics. The company is known for its proprietary enzyme technology, which is used to facilitate the subcutaneous administration of drugs.

Average Trading Volume: 1,939,218

Technical Sentiment Signal: Buy

Current Market Cap: $8.39B

Find detailed analytics on HALO stock on TipRanks’ Stock Analysis page.

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