Alkermes Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Alkermes stock has a consensus rating of "Buy" and an average price target of $52.65. The average 1-year stock price forecast is 1.80% higher than the current stock price, while the lowest is $34 (-34.26%) and the highest is $65 (+25.68%).

Price Target: $52.65 (+1.80%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$34	$52.65	$56	$65
Change	-34.26%	+1.80%	+8.28%	+25.68%

Analyst Ratings

The average analyst rating for Alkermes stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	12	12	12	11	11	11
Buy	3	3	3	3	3	3
Hold	3	3	3	3	2	3
Sell	0	0	0	0	1	1
Strong Sell	0	0	0	0	0	0
Total	18	18	18	17	17	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Douglas Tsao H.C. Wainwright	H.C. Wainwright	Hold Reiterates $43	Hold	Reiterates	$43	-16.86%	Jul 13, 2026
Joseph Thome TD Cowen	TD Cowen	Buy Reiterates $50 → $57	Buy	Reiterates	$50 → $57	+10.21%	Jul 13, 2026
Ami Fadia Needham	Needham	Buy Maintains $61 → $62	Buy	Maintains	$61 → $62	+19.88%	Jul 13, 2026
Jessica Fye J.P. Morgan	J.P. Morgan	Hold Maintains $60	Hold	Maintains	$60	+16.01%	Jul 13, 2026
Jason Gerberry Bank of America Securities	Bank of America Securities	Sell Maintains $38	Sell	Maintains	$38	-26.53%	Jul 10, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.81B

from 1.48B

22.59%

from 1.48B

Revenue Next Year

1.89B

from 1.81B

4.44%

from 1.81B

EPS This Year

1.23

from 2.10

-41.20%

from 2.10

EPS Next Year

1.64

from 1.23

32.76%

from 1.23

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.17B	1.11B	1.66B	1.56B	1.48B	1.81B
Revenue Growth	13.00%	-5.28%	49.61%	-6.36%	-5.25%	22.59%
Gross Profit	976.43M	893.73M	1.41B	1.31B	1.28B	1.48B
Gross Margin	83.19%	80.39%	84.79%	84.25%	86.69%	81.69%
Operating Income	97.75M	-6.09M	414.12M	420.64M	253.96M	57.02M
Net Income	-48.17M	-158.27M	355.76M	367.07M	241.66M	-64.46M
EPS	-	-	-	-	2.10	1.23
EPS Growth	-	-	-	-	-27.40%	-41.20%
Forward PE	157.38	77.33	11.75	14.06	17.47	41.92
Free Cash Flow	168.59M	152.16M	200.46M	336.36M	-363.09M	139.00M
No. Analysts	-	-	-	-	-	17

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	1.9B
Avg	1.8B
Low	1.8B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	25.9%
Avg	22.6%
Low	21.1%

EPS Forecast

Chart

EPS	2026	2027	2028
High	2.29
Avg	1.23
Low	0.24

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	9.3%
Avg	-41.2%
Low	-88.6%