AbbVie Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for AbbVie stock have an average target of 201.5, with a low estimate of 150 and a high estimate of 231. The average target predicts a decrease of -1.16% from the current stock price of 203.87.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$150	$201.5	$205	$231
Change	-26.42%	-1.16%	+0.55%	+13.31%

Analyst Ratings

The average analyst rating for AbbVie stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	3	4	4	4	4	7
Buy	8	8	8	8	8	8
Hold	2	1	1	1	1	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	13	13	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Navin Jacob UBS	UBS	Hold Maintains $195 → $200	Hold	Maintains	$195 → $200	-1.90%	Oct 31, 2024
Terence Flynn Morgan Stanley	Morgan Stanley	Buy Maintains $218 → $231	Buy	Maintains	$218 → $231	+13.31%	Oct 31, 2024
Andrew Baum Citigroup	Citigroup	Strong Buy Maintains $170 → $215	Strong Buy	Maintains	$170 → $215	+5.46%	Oct 25, 2024
Geoff Meacham B of A Securities	B of A Securities	Hold Maintains $185 → $195	Hold	Maintains	$185 → $195	-4.35%	Oct 18, 2024
Evan David Seigerman BMO Capital	BMO Capital	Buy Maintains $214 → $220	Buy	Maintains	$214 → $220	+7.91%	Oct 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

56.77B

from 54.32B

4.51%

from 54.32B

Revenue Next Year

59.79B

from 56.77B

5.32%

from 56.77B

EPS This Year

11.10

from 2.72

308.19%

from 2.72

EPS Next Year

12.33

from 11.10

11.05%

from 11.10

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	33.27B	45.80B	56.20B	58.05B	54.32B	56.77B	59.79B	64.05B
Revenue Growth	1.57%	37.69%	22.69%	3.30%	-6.44%	4.51%	5.32%	7.14%
EPS	5.28	2.72	6.45	6.63	2.72	11.10	12.33	13.80
EPS Growth	44.26%	-48.48%	137.13%	2.79%	-58.97%	308.19%	11.05%	11.93%
Forward PE	-	-	-	-	-	18.36	16.53	14.77
No. Analysts	-	-	-	-	-	31	31	26

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	59.4B	63.0B	67.9B
Avg	56.8B	59.8B	64.1B
Low	53.9B	55.9B	58.7B

Revenue Growth

Revenue Growth	2024	2025	2026
High	9.3%	11.0%	13.5%
Avg	4.5%	5.3%	7.1%
Low	-0.8%	-1.6%	-1.8%

EPS Forecast

EPS	2024	2025	2026
High	11.77	13.31	14.92
Avg	11.10	12.33	13.80
Low	10.50	11.25	12.57

EPS Growth

EPS Growth	2024	2025	2026
High	332.7%	19.9%	21.0%
Avg	308.2%	11.1%	11.9%
Low	285.9%	1.3%	2.0%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.