AbbVie Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for AbbVie stock have an average target of 206, with a low estimate of 173 and a high estimate of 225. The average target predicts an increase of 12.55% from the current stock price of 183.02.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$173	$206	$208	$225
Change	-5.48%	+12.55%	+13.65%	+22.93%

Analyst Ratings

The average analyst rating for AbbVie stock from 22 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	4	4	4	4	8	9
Buy	8	9	9	9	9	11
Hold	1	1	1	1	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	14	14	14	20	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Risinger Leerink Partners	Leerink Partners	Hold → Buy Upgrades $206	Hold → Buy	Upgrades	$206	+12.55%	Nov 22, 2024
Alexandria Hammond Wolfe Research	Wolfe Research	Buy Initiates $205	Buy	Initiates	$205	+12.01%	Nov 15, 2024
Chris Schott JP Morgan	JP Morgan	Buy Maintains $210 → $200	Buy	Maintains	$210 → $200	+9.28%	Nov 13, 2024
Geoff Meacham Citigroup	Citigroup	Strong Buy Maintains $226 → $215	Strong Buy	Maintains	$226 → $215	+17.47%	Nov 12, 2024
Evan David Seigerman BMO Capital	BMO Capital	Buy Maintains $228 → $208	Buy	Maintains	$228 → $208	+13.65%	Nov 12, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

57.18B

from 54.32B

5.27%

from 54.32B

Revenue Next Year

60.48B

from 57.18B

5.77%

from 57.18B

EPS This Year

11.16

from 2.72

310.40%

from 2.72

EPS Next Year

12.42

from 11.16

11.30%

from 11.16

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	33.27B	45.80B	56.20B	58.05B	54.32B	57.18B	60.48B	65.04B
Revenue Growth	1.57%	37.69%	22.69%	3.30%	-6.44%	5.27%	5.77%	7.54%
EPS	5.28	2.72	6.45	6.63	2.72	11.16	12.42	13.97
EPS Growth	44.26%	-48.48%	137.13%	2.79%	-58.97%	310.40%	11.30%	12.47%
Forward PE	-	-	-	-	-	16.40	14.73	13.10
No. Analysts	-	-	-	-	-	33	33	27

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

Revenue Forecast

Revenue	2024	2025	2026
High	59.4B	63.9B	69.1B
Avg	57.2B	60.5B	65.0B
Low	54.7B	55.1B	60.0B

Revenue Growth

Revenue Growth	2024	2025	2026
High	9.4%	11.8%	14.2%
Avg	5.3%	5.8%	7.5%
Low	0.7%	-3.6%	-0.8%

EPS Forecast

EPS	2024	2025	2026
High	11.62	13.65	15.70
Avg	11.16	12.42	13.97
Low	10.68	11.30	12.75

EPS Growth

EPS Growth	2024	2025	2026
High	327.3%	22.3%	26.3%
Avg	310.4%	11.3%	12.5%
Low	292.7%	1.2%	2.6%

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.