Alcon Stock Forecast

Stock Price Forecast

According to 26 analysts polled by S&P Global, Alcon stock has a consensus rating of "Buy" and an average price target of CHF 74.24. The average 1-year stock price forecast is 26.26% higher than the current stock price, while the lowest is CHF 48.12 (-18.16%) and the highest is CHF 85.32 (+45.10%).

Price Target: CHF 74.24 (+26.26%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	CHF 48.12	CHF 74.24	CHF 76.19	CHF 85.32
Change	-18.16%	+26.26%	+29.57%	+45.10%

Analyst Ratings

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

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	17	17	17	17	17	17
Buy	5	5	5	5	5	3
Hold	5	4	3	3	3	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	28	27	26	26	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Falko Friedrichs Deutsche Bank	Deutsche Bank	Buy Maintains CHF 70.00 → CHF 73.00	Buy	Maintains	CHF 70.00 → CHF 73.00	+24.15%	Aug 17, 2026
Graham Doyle UBS	UBS	Buy Maintains CHF 86.00 → CHF 83.00	Buy	Maintains	CHF 86.00 → CHF 83.00	+41.16%	Aug 14, 2026
Anthony Petrone Mizuho Securities	Mizuho Securities	Buy Maintains CHF 68.95	Buy	Maintains	CHF 68.95	+17.25%	Aug 13, 2026
David Adlington J.P. Morgan	J.P. Morgan	Hold Maintains CHF 63.59	Hold	Maintains	CHF 63.59	+8.15%	Aug 13, 2026
Steven Lichtman William Blair	William Blair	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Aug 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

11.09B

from 10.40B

6.62%

from 10.40B

Revenue Next Year

11.77B

from 11.09B

6.17%

from 11.09B

EPS This Year

3.50

from 3.07

13.91%

from 3.07

EPS Next Year

3.97

from 3.50

13.66%

from 3.50

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	8.29B	8.72B	9.46B	9.91B	10.40B	11.09B
Revenue Growth	21.34%	5.14%	8.47%	4.82%	4.94%	6.62%
Gross Profit	4.70B	4.81B	5.25B	5.52B	5.79B	7.07B
Gross Margin	56.64%	55.17%	55.49%	55.65%	55.67%	63.76%
Operating Income	818.00M	916.00M	1.08B	1.37B	1.27B	2.34B
Net Income	376.00M	335.00M	974.00M	1.02B	980.00M	764.21M
EPS	-	-	-	-	3.07	3.50
EPS Growth	-	-	-	-	0.66%	13.91%
Forward PE	38.86	30.13	26.53	26.52	24.34	20.98
Dividend / Share	0.22	0.23	0.29	0.31	0.35	0.37
Dividend Growth	94.11%	3.52%	25.50%	8.41%	14.28%	4.21%
Free Cash Flow	506.25M	323.75M	436.63M	1.35B	1.23B	1.50B
No. Analysts	-	-	-	-	-	21

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	11.2B
Avg	11.1B
Low	11.0B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	7.6%
Avg	6.6%
Low	5.5%

EPS Forecast

Chart

EPS	2026	2027	2028
High	3.57
Avg	3.50
Low	3.37

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	16.3%
Avg	13.9%
Low	9.8%