Alvotech (ALVO)
NASDAQ: ALVO · Real-Time Price · USD
11.91
-0.20 (-1.65%)
Dec 20, 2024, 4:00 PM EST - Market closed

Alvotech Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Alvotech stock has a target of 18, which predicts an increase of 51.13% from the current stock price of 11.91.

Analyst Consensus: Buy
Target Low Average Median High
Price $18 $18 $18 $18
Change +51.13% +51.13% +51.13% +51.13%
* Price targets were last updated on Jul 25, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Alvotech is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 000000
Buy 111111
Hold 111110
Sell 000000
Strong Sell 000000
Total 222221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$22$18
Buy Maintains $22$18 +51.13% Jul 25, 2024
Barclays
Barclays
Buy
Maintains
$20$22
Buy Maintains $20$22 +84.72% May 24, 2024
Barclays
Barclays
Buy
Maintains
$17$20
Buy Maintains $17$20 +67.93% Mar 22, 2024
Barclays
Barclays
Buy
Upgrades
$10$17
Buy Upgrades $10$17 +42.74% Jan 29, 2024
Citigroup
Citigroup
Hold
Upgrades
$5$10
Hold Upgrades $5$10 -16.04% Oct 20, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
465.15M
from 93.38M
Increased by 398.12%
Revenue Next Year
673.20M
from 465.15M
Increased by 44.73%
EPS This Year
-0.51
from -2.43
EPS Next Year
0.17
from -0.51
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
82.68M69.45M39.68M85.02M93.38M465.15M673.20M886.04M
Revenue Growth
--16.00%-42.86%114.23%9.84%398.12%44.73%31.62%
EPS
-30.77-1.82-0.92-2.60-2.43-0.510.170.58
EPS Growth
-------248.72%
Forward PE
------71.8620.61
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 512.4M 769.7M 1.1B
Avg 465.2M 673.2M 886.0M
Low 417.6M 596.8M 694.8M

Revenue Growth

Revenue Growth 2024202520262027
High
448.7%
65.5%
60.9%
Avg
398.1%
44.7%
31.6%
Low
347.2%
28.3%
3.2%

EPS Forecast

EPS 2024202520262027
High -0.22 0.41 1.08
Avg -0.51 0.17 0.58
Low -0.97 0.02 0.30

EPS Growth

EPS Growth 2024202520262027
High - -
552.5%
Avg - -
248.7%
Low - -
83.3%
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.