AbbVie Inc. (ABBV)

NYSE: ABBV · Real-Time Price · USD
172.61
+1.05 (0.61%)
Jan 21, 2025, 4:01 PM EST - Market closed
0.61%
Market Cap 305.03B
Revenue (ttm) 55.53B
Net Income (ttm) 5.08B
Shares Out 1.77B
EPS (ttm) 2.87
PE Ratio 60.14
Forward PE 14.60
Dividend $6.56 (3.80%)
Ex-Dividend Date Jan 15, 2025
Volume 7,533,214
Open 172.16
Previous Close 171.56
Day's Range 171.22 - 175.66
52-Week Range 153.58 - 207.32
Beta 0.57
Analysts Strong Buy
Price Target 207.25 (+20.07%)
Earnings Date Jan 31, 2025

About ABBV

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn’s disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; E... [Read more]

Sector Healthcare
Founded 2012
Employees 50,000
Stock Exchange NYSE
Ticker Symbol ABBV
Full Company Profile

Financial Performance

In 2023, AbbVie's revenue was $54.32 billion, a decrease of -6.44% compared to the previous year's $58.05 billion. Earnings were $4.82 billion, a decrease of -59.09%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for ABBV stock is "Strong Buy." The 12-month stock price forecast is $207.25, which is an increase of 20.07% from the latest price.

Price Target
$207.25
(20.07% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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AbbVie Inc. (ABBV) J.P. Morgan 43rd Annual Healthcare Conference (Transcript)

AbbVie Inc. (NYSE:ABBV) J.P. Morgan 43rd Annual Healthcare Conference January 15, 2025 11:15 AM ET Company Participants Rob Michael - Chief Executive Officer Scott Reents - Executive Vice President, ...

6 days ago - Seeking Alpha

AbbVie to 'commit less capital' towards psychiatric drugs, CEO says

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6 days ago - Reuters

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6 days ago - Business Wire

AbbVie Has Immense Cash Flow Potential

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Drugmakers signed deals worth at least $18 billion in combined value on Monday, the first day of the healthcare industry's top conference in San Francisco.

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China's Simcere Pharma grants AbbVie option to license its blood cancer drug candidate

Simcere Pharmaceutical said on Monday its unit had granted U.S. drugmaker AbbVie the option to license its new blood cancer drug candidate outside China.

8 days ago - Reuters

Simcere Zaiming and AbbVie Announce Partnership to Develop a Novel Trispecific Antibody Candidate in Multiple Myeloma

SHANGHAI and NORTH CHICAGO, Ill. , Jan. 13, 2025 /PRNewswire/ -- Simcere Zaiming, a subsidiary of Simcere Pharmaceutical Group Ltd (HKEX: 2096) and AbbVie Inc. (NYSE: ABBV) today announced an option t...

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AbbVie and Simcere Zaiming Announce Partnership to Develop a Novel Trispecific Antibody Candidate in Multiple Myeloma

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8 days ago - PRNewsWire

AbbVie and REGENXBIO Announce Updates on the ABBV-RGX-314 Clinical Program

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AbbVie Takes $3.5B Impairment Charge for Failed Schizophrenia Drug

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Abbvie to record $3.5 bln charge related to schizophrenia drug

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AbbVie's Stock Is Unfairly Cheap

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AbbVie to Present at the 43rd Annual J.P. Morgan Healthcare Conference

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AbbVie cuts 2024 profit forecast on acquisition expenses

AbbVie lowered its 2024 adjusted profit forecast on Monday as the drugmaker incurred $1.6 billion in acquisition expenses related to milestone payments as well as research-and-development costs.

15 days ago - Reuters

AbbVie to Host Full-Year and Fourth-Quarter 2024 Earnings Conference Call

NORTH CHICAGO, Ill. , Jan. 3, 2025 /PRNewswire/ -- AbbVie (NYSE: ABBV) will announce its full-year and fourth-quarter 2024 financial results on Friday, January 31, 2025, before the market opens.

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