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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 3 |
Hold | 4 | 4 | 4 | 5 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
Total | 7 | 7 | 7 | 8 | 8 | 9 |
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 | Hold → Strong Sell Downgrades $25 | Hold → 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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.