Abbott Laboratories (ABT)

Abbott Laboratories Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Abbott Laboratories stock have an average target of 128.88, with a low estimate of 117 and a high estimate of 146. The average target predicts an increase of 10.59% from the current stock price of 116.54.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$117	$128.88	$129	$146
Change	+0.39%	+10.59%	+10.69%	+25.28%

Analyst Ratings

The average analyst rating for ABT stock from 16 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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	3	3	3	4	3	4
Buy	5	5	5	5	6	8
Hold	3	3	1	1	2	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	9	10	11	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lee Hambright Bernstein	Bernstein	Buy Maintains $133 → $138	Buy	Maintains	$133 → $138	+18.41%	Oct 17, 2024
Danielle Antalffy UBS	UBS	Strong Buy Maintains $143 → $146	Strong Buy	Maintains	$143 → $146	+25.28%	Oct 17, 2024
Matthew Taylor Jefferies	Jefferies	Hold Maintains $120 → $125	Hold	Maintains	$120 → $125	+7.26%	Oct 17, 2024
Anthony Petrone Mizuho	Mizuho	Hold Maintains $115 → $130	Hold	Maintains	$115 → $130	+11.55%	Oct 17, 2024
Adam Maeder Piper Sandler	Piper Sandler	Buy Maintains $131 → $133	Buy	Maintains	$131 → $133	+14.12%	Oct 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

42.15B

Increased by 5.09%

from 40.11B

Revenue Next Year

45.25B

Increased by 7.35%

from 42.15B

EPS This Year

4.71

Increased by 44.39%

from 3.26

EPS Next Year

5.19

Increased by 10.36%

from 4.71

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	31.90B	34.61B	43.08B	43.65B	40.11B	42.15B	45.25B	48.67B
Revenue Growth	4.34%	8.48%	24.47%	1.34%	-8.12%	5.09%	7.35%	7.55%
EPS	2.06	2.50	3.94	3.91	3.26	4.71	5.19	5.68
EPS Growth	54.98%	21.53%	57.38%	-0.76%	-16.62%	44.39%	10.36%	9.35%
Forward PE	-	-	-	-	-	24.76	22.43	20.52
No. Analysts	-	-	-	-	-	29	29	24

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	44.0B	47.7B	51.7B
Avg	42.2B	45.3B	48.7B
Low	40.7B	43.5B	46.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	9.7%	13.2%	14.1%
Avg	5.1%	7.4%	7.5%
Low	1.5%	3.1%	2.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	4.96	5.59	6.28
Avg	4.71	5.19	5.68
Low	4.54	4.96	4.51

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	52.0%	18.7%	20.9%
Avg	44.4%	10.4%	9.3%
Low	39.2%	5.3%	-13.2%

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.