AbbVie Inc. (ABBV)
NYSE: ABBV · Real-Time Price · USD
174.81
-2.09 (-1.18%)
At close: Jan 28, 2025, 4:00 PM
175.58
+0.77 (0.44%)
After-hours: Jan 28, 2025, 7:20 PM EST
AbbVie Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for AbbVie stock have an average target of 206.75, with a low estimate of 185 and a high estimate of 225. The average target predicts an increase of 18.27% from the current stock price of 174.81.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AbbVie stock from 21 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 8 | 9 | 8 | 8 |
| Buy | 9 | 9 | 9 | 11 | 11 | 10 |
| Hold | 2 | 2 | 3 | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 20 | 22 | 22 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $215 → $205 | Strong Buy | Maintains | $215 → $205 | +17.27% | Jan 28, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $215 → $211 | Strong Buy | Maintains | $215 → $211 | +20.70% | Jan 8, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $212 → $220 | Buy | Maintains | $212 → $220 | +25.85% | Dec 17, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $191 | Hold | Initiates | $191 | +9.26% | Dec 10, 2024 |
| Leerink Partners | Leerink Partners | Hold → Buy Upgrades $206 | Hold → Buy | Upgrades | $206 | +17.84% | Nov 22, 2024 |
Financial Forecast
Revenue This Year
57.18B
from 54.32B
Increased by 5.27%
Revenue Next Year
60.40B
from 57.18B
Increased by 5.63%
EPS This Year
10.28
from 2.72
Increased by 278.06%
EPS Next Year
12.41
from 10.28
Increased by 20.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 59.4B | 64.2B | 69.1B | |||
| Avg | 57.2B | 60.4B | 64.9B | |||
| Low | 54.7B | 55.1B | 60.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.4% | 12.3% | 14.3% | |||
| Avg | 5.3% | 5.6% | 7.5% | |||
| Low | 0.7% | -3.6% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 10.70 | 13.65 | 15.70 | |||
| Avg | 10.28 | 12.41 | 14.03 | |||
| Low | 9.82 | 11.30 | 12.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 293.4% | 32.7% | 26.5% | |||
| Avg | 278.1% | 20.7% | 13.0% | |||
| Low | 261.0% | 9.9% | 3.2% |
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.