Alkermes plc (ALKS)
NASDAQ: ALKS · IEX Real-Time Price · USD
27.17
-0.08 (-0.29%)
Mar 28, 2024, 10:51 AM EDT - Market open

Alkermes Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Alkermes stock have an average target of 33.13, with a low estimate of 25 and a high estimate of 39. The average target predicts an increase of 21.94% from the current stock price of 27.17.

Analyst Consensus: Hold
Target Low Average Median High
Price $25 $33.13 $34 $39
Change -7.99% +21.94% +25.14% +43.54%

Analyst Ratings

The average analyst rating for Alkermes stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 222223
Hold 444544
Sell 000000
Strong Sell 000011
Total 777889

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Buy
Initiates
$37
Buy Initiates $37 +36.18% Mar 19, 2024
UBS
UBS
Strong Sell
Downgrades
$25
Strong Sell Downgrades $25 -7.99% Feb 20, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$35$39
Buy Maintains $35$39 +43.54% Feb 16, 2024
B of A Securities
B of A Securities
Hold
Maintains
$27$29
Hold Maintains $27$29 +6.74% Jan 2, 2024
JP Morgan
JP Morgan
Hold
Initiates
$33
Hold Initiates $33 +21.46% Nov 20, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.56B
from 1.66B
Decreased by -6.16%
Revenue Next Year
1.58B
from 1.56B
Increased by 0.90%
EPS This Year
2.79
from 2.10
Increased by 32.78%
EPS Next Year
2.75
from 2.79
Decreased by -1.29%
Year 2019202020212022202320242025202620272028
Revenue
1.17B1.04B1.17B1.11B1.66B1.56B1.58B1.61B1.63B1.70B
Revenue Growth
7.01%-11.29%13.00%-5.28%49.61%-6.16%0.90%2.48%0.74%4.37%
EPS
-1.25-0.70-0.29-0.972.102.792.752.792.823.22
EPS Growth
-----32.78%-1.29%1.41%1.14%13.92%
No. Analysts -----13131075
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.6B 1.8B 1.7B 1.7B 1.8B
Avg 1.6B 1.6B 1.6B 1.6B 1.7B
Low 1.5B 1.4B 1.5B 1.5B 1.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
-1.8%
17.0%
10.0%
6.8%
9.5%
Avg
-6.2%
0.9%
2.5%
0.7%
4.4%
Low
-12.7%
-10.2%
-6.9%
-7.6%
-1.4%

EPS Forecast

EPS 20242025202620272028
High 2.99 3.42 3.74 3.81 4.52
Avg 2.79 2.75 2.79 2.82 3.22
Low 2.30 2.30 2.13 2.10 2.11

EPS Growth

EPS Growth 20242025202620272028
High
42.5%
22.8%
35.8%
36.5%
59.9%
Avg
32.8%
-1.3%
1.4%
1.1%
13.9%
Low
9.7%
-17.4%
-22.7%
-24.9%
-25.4%
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.