Alcon Inc. (ALC)
NYSE: ALC · Real-Time Price · USD
85.99
+0.42 (0.49%)
Nov 22, 2024, 4:00 PM EST - Market closed
Alcon Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Alcon stock have an average target of 102.12, with a low estimate of 85 and a high estimate of 110. The average target predicts an increase of 18.76% from the current stock price of 85.99.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Alcon stock from 14 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Buy | 6 | 6 | 5 | 6 | 6 | 6 |
| Hold | 0 | 1 | 1 | 1 | 2 | 2 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 12 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $107 → $103 | Strong Buy | Maintains | $107 → $103 | +19.78% | Nov 14, 2024 |
| Needham | Needham | Strong Buy Reiterates $107 | Strong Buy | Reiterates | $107 | +24.43% | Nov 13, 2024 |
| Keybanc | Keybanc | Buy Maintains $103 → $107 | Buy | Maintains | $103 → $107 | +24.43% | Oct 15, 2024 |
| BTIG | BTIG | Strong Buy Maintains $104 → $106 | Strong Buy | Maintains | $104 → $106 | +23.27% | Oct 14, 2024 |
| Redburn Atlantic | Redburn Atlantic | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Oct 10, 2024 |
Financial Forecast
Revenue This Year
10.04B
from 9.46B
Increased by 6.14%
Revenue Next Year
10.69B
from 10.04B
Increased by 6.55%
EPS This Year
3.09
from 1.96
Increased by 57.58%
EPS Next Year
3.57
from 3.09
Increased by 15.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5B | 11.4B | 12.4B | ||
| Avg | 10.0B | 10.7B | 11.5B | ||
| Low | 9.7B | 8.9B | 10.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.1% | 13.8% | 16.1% | ||
| Avg | 6.1% | 6.5% | 7.1% | ||
| Low | 2.3% | -11.4% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.59 | 4.13 | 4.66 | ||
| Avg | 3.09 | 3.57 | 4.03 | ||
| Low | 2.92 | 3.34 | 3.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 83.1% | 33.6% | 30.6% | ||
| Avg | 57.6% | 15.5% | 13.1% | ||
| Low | 49.0% | 8.0% | 0.3% |
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.