AstraZeneca Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for AstraZeneca stock have an average target of 87.25, with a low estimate of 82 and a high estimate of 97. The average target predicts an increase of 12.81% from the current stock price of 77.34.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$82	$87.25	$85	$97
Change	+6.03%	+12.81%	+9.90%	+25.42%

* Price targets were last updated on May 30, 2024.

Analyst Ratings

The average analyst rating for AstraZeneca stock from 7 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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	1	1	1	1	2	2
Buy	2	2	2	2	2	2
Hold	1	2	2	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	5	5	6	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jasper Hellweg Argus Research	Argus Research	Strong Buy Maintains $80 → $85	Strong Buy	Maintains	$80 → $85	+9.90%	May 30, 2024
Rajan Sharma Goldman Sachs	Goldman Sachs	Strong Buy Initiates $97	Strong Buy	Initiates	$97	+25.42%	May 30, 2024
Etzer Darout BMO Capital	BMO Capital	Buy Maintains $80 → $82	Buy	Maintains	$80 → $82	+6.03%	Apr 26, 2024
Emmanuel Papada Deutsche Bank	Deutsche Bank	Strong Sell → Hold Upgrades n/a	Strong Sell → Hold	Upgrades	n/a	n/a	Apr 16, 2024
Etzer Darout BMO Capital	BMO Capital	Buy Maintains $82 → $80	Buy	Maintains	$82 → $80	+3.44%	Feb 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

53.15B

from 45.81B

16.02%

from 45.81B

Revenue Next Year

57.04B

from 53.15B

7.31%

from 53.15B

EPS This Year

4.20

from 1.91

120.35%

from 1.91

EPS Next Year

4.78

from 4.20

13.95%

from 4.20

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	24.38B	26.62B	37.42B	44.35B	45.81B	53.15B	57.04B	60.06B	63.26B	65.74B
Revenue Growth	10.38%	9.16%	40.58%	18.53%	3.29%	16.02%	7.31%	5.30%	5.33%	3.91%
EPS	0.52	1.22	0.04	1.06	1.91	4.20	4.78	5.23	5.75	6.07
EPS Growth	-39.41%	136.89%	-96.72%	2,537.50%	80.57%	120.35%	13.95%	9.28%	9.99%	5.66%
Forward PE	-	-	-	-	-	18.42	16.17	14.80	13.45	12.73
No. Analysts	-	-	-	-	-	30	30	26	13	12

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	56.9B	62.4B	65.9B	76.0B	80.5B
Avg	53.1B	57.0B	60.1B	63.3B	65.7B
Low	47.0B	50.9B	53.1B	53.4B	52.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	24.2%	17.4%	15.6%	26.5%	27.3%
Avg	16.0%	7.3%	5.3%	5.3%	3.9%
Low	2.5%	-4.3%	-6.9%	-11.2%	-17.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.52	5.40	6.24	7.53	7.95
Avg	4.20	4.78	5.23	5.75	6.07
Low	3.86	3.76	4.22	4.66	4.79

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	137.0%	28.7%	30.4%	44.1%	38.3%
Avg	120.4%	13.9%	9.3%	10.0%	5.7%
Low	102.4%	-10.3%	-11.8%	-10.8%	-16.8%

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.