Alcon Inc. (ALC)
NYSE: ALC · IEX Real-Time Price · USD
79.57
-1.19 (-1.47%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Alcon Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Alcon stock have an average target of 90.76, with a low estimate of 65 and a high estimate of 100. The average target predicts an increase of 14.06% from the current stock price of 79.57.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Alcon stock from 13 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 6 |
| Buy | 3 | 3 | 4 | 5 | 5 | 5 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 11 | 12 | 12 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $95 | Strong Buy | Maintains | $95 | +19.39% | Apr 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $100 | Strong Buy | Initiates | $100 | +25.68% | Apr 10, 2024 |
| Stifel | Stifel | Strong Buy Reiterates $95 | Strong Buy | Reiterates | $95 | +19.39% | Mar 13, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $90 → $100 | Strong Buy | Maintains | $90 → $100 | +25.68% | Mar 4, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $95 → $100 | Strong Buy | Maintains | $95 → $100 | +25.68% | Mar 1, 2024 |
Financial Forecast
Revenue This Year
10.11B
from 9.46B
Increased by 6.93%
Revenue Next Year
10.77B
from 10.11B
Increased by 6.48%
EPS This Year
3.08
from 1.96
Increased by 57.29%
EPS Next Year
3.53
from 3.08
Increased by 14.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.4B | 12.3B | 13.2B | 12.7B | 13.4B |
| Avg | 10.1B | 10.8B | 11.5B | 12.1B | 12.8B |
| Low | 9.6B | 10.2B | 10.8B | 11.6B | 12.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.3% | 21.4% | 22.5% | 10.7% | 10.5% |
| Avg | 6.9% | 6.5% | 6.6% | 5.3% | 6.3% |
| Low | 1.7% | 0.4% | 0.4% | 0.8% | 3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.60 | 4.14 | 4.67 | 4.71 | 5.25 |
| Avg | 3.08 | 3.53 | 4.00 | 4.33 | 5.05 |
| Low | 2.83 | 3.24 | 3.65 | 3.84 | 4.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 83.7% | 34.3% | 32.3% | 17.9% | 21.4% |
| Avg | 57.3% | 14.5% | 13.3% | 8.2% | 16.7% |
| Low | 44.5% | 5.1% | 3.5% | -4.0% | 13.3% |
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.