Name: AstraZeneca CFO Discusses Ambitious Revenue Targets
Uploaded: 2026-08-14T14:08:00Z
Duration: 1 min 55 s
Description: “It is possible - there is luck involved in this business, too,” Aradhana Sarin, chief financial officer of AstraZeneca, tells Barron’s Andy Serwer while discussing their goals for 2030.

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“It is possible - there is luck involved in this business, too,” Aradhana Sarin, chief financial officer of AstraZeneca, tells Barron’s Andy Serwer while discussing their goals for 2030.

https://m.wsj.net/video/20260814/4d10e498-5878-4050-a620-369a90991088/1/hls/manifest-hd-wifi.m3u8

AstraZeneca CFO Discusses Ambitious Revenue Targets

You have this goal your company does of reaching $80 billion of revenue by 2030. 50% of that will come in the United States, I understand, or you hope to. How do you achieve that goal, Aradhana?

So when we set that goal back in May of 2024, it was sort of almost doubling our revenues from '24 through to 2030. And at that time, consensus estimates were at $67 billion for 2030, and we had set an $80 billion goal, right? So yes, it was very ambitious. But we also had so many things in our pipeline that we felt if we're able to have some of these positive readouts and get visibility on that drug pipeline, the $80 billion would be achievable. Earlier this year, that consensus estimate for 2030 has actually moved from $67 to, end of last year, was like $76, and now it's actually ahead of 80. It's almost $82. So the Street is already getting ahead a little bit, I think, of the estimate that we do.

Is that realistic, the $82, do you think?

It's possible. It is possible. There is luck involved in this business too, so fingers crossed for many of our upcoming readouts.

And is this growth organic or are you doing acquisitions?

No, all of this is organically driven. We do do licensing deals in the early phases, so preclinical, some phase one. But again, the lifetime of developing those still takes another six to seven years. So the growth we have till 2030 is really organically driven.