Alkermes plc (ALKS)
NASDAQ: ALKS · Real-Time Price · USD
29.71
-0.26 (-0.87%)
At close: Dec 20, 2024, 4:00 PM
31.51
+1.80 (6.07%)
After-hours: Dec 20, 2024, 6:34 PM EST
Alkermes Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Alkermes stock have an average target of 35.42, with a low estimate of 25 and a high estimate of 50. The average target predicts an increase of 19.22% from the current stock price of 29.71.
Analyst Consensus: Buy
* Price targets were last updated on Nov 13, 2024.
Analyst Ratings
The average analyst rating for Alkermes stock from 12 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 3 | 4 | 4 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Buy Maintains $35 → $40 | Buy | Maintains | $35 → $40 | +34.63% | Nov 13, 2024 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $25 → $36 | Hold → Strong Buy | Upgrades | $25 → $36 | +21.17% | Nov 5, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $32 → $30 | Strong Buy | Maintains | $32 → $30 | +0.98% | Oct 25, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $48 → $43 | Buy | Maintains | $48 → $43 | +44.73% | Oct 25, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $32 → $26 | Hold | Maintains | $32 → $26 | -12.49% | Oct 25, 2024 |
Financial Forecast
Revenue This Year
1.54B
from 1.66B
Decreased by -7.48%
Revenue Next Year
1.44B
from 1.54B
Decreased by -6.43%
EPS This Year
2.72
from 2.10
Increased by 29.66%
EPS Next Year
1.97
from 2.72
Decreased by -27.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.6B | 1.5B | 1.7B | |||
| Avg | 1.5B | 1.4B | 1.5B | |||
| Low | 1.4B | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -3.8% | -1.0% | 16.4% | |||
| Avg | -7.5% | -6.4% | 4.9% | |||
| Low | -13.4% | -15.0% | -4.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.94 | 2.28 | 2.84 | |||
| Avg | 2.72 | 1.97 | 2.25 | |||
| Low | 2.43 | 1.60 | 1.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 40.2% | -16.2% | 43.9% | |||
| Avg | 29.7% | -27.5% | 14.1% | |||
| Low | 15.9% | -41.3% | -5.0% |
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.