Trade Teva Pharmaceutical with LHFX
Teva Pharmaceutical is one of the world's largest generic drug manufacturers, also producing specialty medicines. Its stock is driven by generic drug pricing trends, biosimilar product launches, opioid litigation outcomes, and the performance of key branded products in its specialty portfolio.
TEVA Price Chart
Live TEVA Spread
Real-time market pricing
| Instrument | Bid | Ask | Spread |
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Spreads are variable and sourced from the live market. Values shown are real-time.
Trading Conditions
Max Leverage
1:20
Commission
$3 per side
Platform
MetaTrader 5 + LHFX Trade
Execution
STP/ECN
Trading Hours
Monday - Friday, 9:30 AM - 4:00 PM ET
About Teva Pharmaceutical
Teva Pharmaceutical Industries Ltd. is an Israeli multinational pharmaceutical company founded in 1901 in Jerusalem, headquartered in Tel Aviv, and dual-listed on the NYSE under TEVA (American Depositary Shares) and on the Tel Aviv Stock Exchange. Teva is the largest generic-pharmaceuticals manufacturer in the world by revenue, with operations in approximately 60 countries and a portfolio of more than 3,500 generic medicines. 2024 full-year revenue was approximately $16.5 billion, roughly flat year-over-year.
Revenue mix split into Generic Medicines (53% of 2024 revenue), Innovative Medicines (28%, led by AUSTEDO and AJOVY), and Other (19%, including biosimilars, API sales, and over-the-counter products). Geographic mix is North America (54%), Europe (29%), International Markets (17%). The two key innovative growth drivers are AUSTEDO (deutetrabenazine, for tardive dyskinesia and Huntington's chorea) and AJOVY (fremanezumab, for migraine prevention). AUSTEDO XR revenue grew above 30% in 2024 and the franchise crossed $1.6 billion in annual revenue.
The company is approximately three years into a multi-year turnaround under CEO Richard Francis, called the Pivot to Growth strategy. Key elements include divesting non-core API business, accelerating biosimilars (Humira biosimilar SIMLANDI launched in 2024), and prioritising the innovative pipeline including the olanzapine LAI (olanzapine long-acting injection) and TEV-749 risperidone LAI. Net debt was approximately $16.5 billion at year-end 2024, down meaningfully from the peak of $30+ billion in 2018.
At LHFX you trade TEVA as a CFD on the NYSE ADS listing, not by buying the share. You profit or lose based on TEVA share-price movement, and you can go long or short. Settlement is in USD. Teva suspended its dividend in 2017 during the post-Actavis debt crisis and has not reinstated it as of late 2025. Dividend adjustments on the ex-dividend date are therefore not currently a factor.
Maximum leverage on TEVA CFDs at LHFX is 1:20. Trading hours are US cash-equity hours, 14:30 to 21:00 UTC Monday to Friday. Commission is $3 per side on raw spreads. TEVA is one of the more legally and regulatory-volatile large-cap pharma names, with multi-year opioid-litigation and antitrust settlements continuing to affect cash flow. CFDs let you take a directional view with defined margin and the ability to short.
What moves TEVA
- 01AUSTEDO franchise growth. AUSTEDO and AUSTEDO XR (deutetrabenazine for tardive dyskinesia) crossed $1.6 billion in 2024 revenue and Teva has guided for the franchise to reach $2.5 billion by 2027. Quarterly growth rates are the central innovative-segment metric and drive consensus EPS revisions.
- 02Opioid-settlement cash payments. Teva agreed to a $4.25 billion nationwide opioid settlement with US states, paid in cash and product over 13 years. Each quarter's settlement payment reduces free cash flow available for debt paydown. Any change to the settlement schedule or new state-specific litigation outcomes shifts the share price.
- 03Biosimilars pipeline. The Humira biosimilar SIMLANDI launched in 2024 and faces competitors from Sandoz, Amgen, Boehringer, and others. The Stelara biosimilar (USTEKINUMAB) and Prolia biosimilar candidates are next in the pipeline. Launch-trajectory updates on each biosimilar are quarterly catalysts.
- 04Generic price erosion in the US market. The US generic market experiences ongoing price erosion of roughly 3 to 6% annually depending on category. Teva's Generic Medicines segment revenue in North America is structurally exposed to this trend; any inflection in either direction shifts the multi-year outlook.
- 05Debt paydown trajectory. Net debt reduction from the $30+ billion peak in 2018 to roughly $16.5 billion at year-end 2024 has been the central balance-sheet story. Continued debt reduction supports a multiple re-rating; any pause or reversal would be a near-term negative catalyst.
How to trade TEVA at LHFX
Open an LHFX account and fund it. Minimum deposit is $10. Card and crypto deposits settle in around 20 minutes.
Open MetaTrader 5 or the LHFX Trade web platform and add TEVA to Market Watch. Trading hours are 14:30 to 21:00 UTC Monday to Friday. Spreads are raw with a commission of $3 per side per standard lot (100 shares), so a 1.00 lot round trip costs $6 plus the natural spread and smaller positions pay proportionally less.
Size your position to your account, not to the 1:20 cap. TEVA is moderately volatile for a large-cap generic pharma name. Daily 1 to 3% moves are typical, earnings days produce 5 to 10% moves, and litigation-headline days can produce 6 to 12% moves with little warning. A reasonable starting position is one where a 10% adverse TEVA move costs no more than 2 to 3% of your account.
Set a stop loss before entry. TEVA gaps on earnings and on US state-AG or federal litigation announcements that can land any trading day.
Use limit orders around earnings (typically late January, May, July, and October) and ahead of major FDA decisions on innovative-pipeline assets.
Note Israel-related geopolitical exposure. TEVA is dual-listed in Tel Aviv and US trading sometimes follows Tel Aviv direction in the Asian session.
Worked example. On a $1,000 account at an $18 TEVA price, opening 14 shares of TEVA CFD requires $13 margin at 1:20 leverage (14 shares x $18 / 20). A 10% adverse move on those 14 shares costs $25, or 2.5% of your account. If you instead opened 50 shares ($45 margin), the same 10% move costs $90, or 9% of the account. Run the math on every entry before clicking buy.
Risks specific to TEVA
TEVA carries two stock-specific risks beyond general equity-market exposure. The first is litigation tail risk. The $4.25 billion nationwide US opioid settlement is the largest known liability, paid out over 13 years in cash and product. Additional opioid-related state and tribal claims, generic-drug-pricing antitrust litigation from US state attorneys general, and price-fixing-related class actions remain ongoing. Each quarterly cash settlement payment reduces free cash flow available for debt paydown, and any adverse new ruling can produce 6 to 12% same-day moves.
The second is generic-pricing erosion risk in the US market. Teva's North American Generic Medicines segment is exposed to annual price erosion of 3 to 6% across the broad generic-drug market, driven by retail-pharmacy consolidation, group-purchasing-organisation negotiation, and continued FDA generic-drug approvals. Any acceleration of this trend (such as a Walmart, CVS, or Express Scripts pricing action) compresses Teva's revenue base before any benefit from the innovative segment.
Mitigations. Keep position size small enough that a 10 to 12% litigation-day or pricing-shock move is survivable. Set a hard stop before entry. Watch US state-AG offices and US federal court dockets for new opioid and antitrust filings. Track Teva's quarterly cash settlement payments against the $4.25 billion total commitment.
Frequently asked questions about TEVA
Do I own actual Teva shares when I trade TEVA at LHFX?
No. A TEVA CFD is a contract that pays out based on the Teva ADS (American Depositary Shares) listed on the NYSE. You never receive the underlying ADS and have no voting rights. Settlement is in USD. If you want direct equity ownership, use a cash-equity broker that offers either the NYSE TEVA ADS listing or the Tel Aviv Stock Exchange shares directly.
What leverage can I use on TEVA CFDs at LHFX?
Up to 1:20. You set effective leverage by choosing position size relative to margin. A share of TEVA at $18 requires $0.90 of margin at the cap, but a 5% adverse move on that share is a 100% loss on margin. Given TEVA's tendency to produce 6 to 12% litigation-day moves with little warning, most retail TEVA CFD traders operate at effective leverage well below the maximum.
Does Teva pay a dividend that affects my CFD?
Not currently. Teva suspended its dividend in 2017 during the post-Actavis debt crisis and has not reinstated it as of late 2025. Dividend adjustments on the ex-dividend date are therefore not currently a factor on TEVA CFDs. If Teva reinstates the dividend as part of the Pivot to Growth turnaround, the ex-date adjustment would be passed through to your CFD position.
Can I short TEVA at LHFX?
Yes. You can open a sell TEVA position with the same 1:20 leverage cap and the same $3 per side commission as a long. Shorting TEVA via CFD avoids the stock-borrow fees and locate constraints that cash-equity short-sellers face. Overnight financing on short positions can differ from long positions; check the symbol specifications inside MT5 before holding a short overnight.
When can I trade TEVA at LHFX?
TEVA CFDs trade during US cash-equity hours, 14:30 to 21:00 UTC Monday to Friday (09:30 to 16:00 New York time). TEVA also trades on the Tel Aviv Stock Exchange during Israeli market hours (Sunday to Thursday). LHFX does not offer pre-market or after-hours trading on TEVA. Tel Aviv direction can affect the US TEVA open.
Are there overnight financing costs on TEVA positions?
Yes. Holding a leveraged TEVA position overnight incurs a swap fee calculated on the notional position value. The exact swap rate is published inside MT5 under symbol specifications and updates with prevailing funding conditions. For multi-week directional exposure, factor cumulative swap cost into the trade plan before entry.
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