AbbVie Inc. (ABBV)
NYSE: ABBV · IEX Real-Time Price · USD
182.10
+1.75 (0.97%)
Mar 28, 2024, 4:00 PM EDT - Market closed

AbbVie Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for AbbVie stock have an average target of 182.18, with a low estimate of 150 and a high estimate of 196. The average target predicts an increase of 0.04% from the current stock price of 182.10.

Analyst Consensus: Buy
Target Low Average Median High
Price $150 $182.18 $190 $196
Change -17.63% +0.04% +4.34% +7.63%

Analyst Ratings

The average analyst rating for AbbVie stock from 13 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333333
Buy 886787
Hold 998773
Sell 000000
Strong Sell 000000
Total 202017171813

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$185$195
Buy Maintains $185$195 +7.08% Mar 27, 2024
Guggenheim
Guggenheim
Strong Buy
Maintains
$188$190
Strong Buy Maintains $188$190 +4.34% Mar 22, 2024
Raymond James
Raymond James
Buy
Maintains
$181$189
Buy Maintains $181$189 +3.79% Feb 6, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$180$195
Strong Buy Maintains $180$195 +7.08% Feb 6, 2024
Raymond James
Raymond James
Buy
Maintains
$181$189
Buy Maintains $181$189 +3.79% Feb 5, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
55.63B
from 54.32B
Increased by 2.42%
Revenue Next Year
59.05B
from 55.63B
Increased by 6.15%
EPS This Year
11.41
from 2.72
Increased by 319.64%
EPS Next Year
12.45
from 11.41
Increased by 9.09%
Year 2019202020212022202320242025202620272028
Revenue
33.27B45.80B56.20B58.05B54.32B55.63B59.05B63.27B62.03B64.38B
Revenue Growth
1.57%37.69%22.69%3.30%-6.44%2.42%6.15%7.13%-1.96%3.79%
EPS
5.282.726.456.632.7211.4112.4513.7314.2415.26
EPS Growth
44.26%-48.48%137.13%2.79%-58.97%319.64%9.09%10.26%3.72%7.16%
No. Analysts -----312923128
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 58.2B 63.8B 68.8B 69.5B 72.7B
Avg 55.6B 59.1B 63.3B 62.0B 64.4B
Low 52.8B 54.6B 57.1B 53.1B 55.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
7.1%
14.8%
16.6%
9.8%
17.3%
Avg
2.4%
6.2%
7.1%
-2.0%
3.8%
Low
-2.8%
-1.8%
-3.3%
-16.0%
-10.2%

EPS Forecast

EPS 20242025202620272028
High 12.14 13.70 15.16 16.61 17.65
Avg 11.41 12.45 13.73 14.24 15.26
Low 10.63 11.27 12.40 11.06 11.20

EPS Growth

EPS Growth 20242025202620272028
High
346.3%
20.1%
21.8%
21.0%
24.0%
Avg
319.6%
9.1%
10.3%
3.7%
7.2%
Low
290.9%
-1.3%
-0.4%
-19.4%
-21.3%
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.