Alvotech (ALVO)
NASDAQ: ALVO · IEX Real-Time Price · USD
11.94
+0.03 (0.25%)
At close: Jul 19, 2024, 4:30 PM
11.91
-0.03 (-0.25%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Alvotech Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Alvotech stock have an average target of 16, with a low estimate of 10 and a high estimate of 22. The average target predicts an increase of 34.00% from the current stock price of 11.94.
Analyst Consensus: Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for Alvotech stock from 2 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $20 → $22 | Buy | Maintains | $20 → $22 | +84.25% | May 24, 2024 |
| Barclays | Barclays | Buy Maintains $17 → $20 | Buy | Maintains | $17 → $20 | +67.50% | Mar 22, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $10 → $17 | Hold → Buy | Upgrades | $10 → $17 | +42.38% | Jan 29, 2024 |
| Citigroup | Citigroup | Strong Sell → Hold Upgrades $5 → $10 | Strong Sell → Hold | Upgrades | $5 → $10 | -16.25% | Oct 20, 2023 |
| Barclays | Barclays | Hold Initiates $10 | Hold | Initiates | $10 | -16.25% | Sep 21, 2023 |
Financial Forecast
Revenue This Year
422.28M
from 93.38M
Increased by 352.21%
Revenue Next Year
639.03M
from 422.28M
Increased by 51.33%
EPS This Year
-0.66
from -2.43
EPS Next Year
0.17
from -0.66
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 446.3M | 744.5M | 1.0B | 1.2B |
| Avg | 422.3M | 639.0M | 860.9M | 1.2B |
| Low | 396.9M | 539.0M | 708.5M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 377.9% | 76.3% | 56.6% | 41.8% |
| Avg | 352.2% | 51.3% | 34.7% | 37.8% |
| Low | 325.0% | 27.6% | 10.9% | 32.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.23 | 0.49 | 1.23 | 0.75 |
| Avg | -0.66 | 0.17 | 0.69 | 0.73 |
| Low | -1.00 | -0.09 | 0.25 | 0.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | 607.4% | 8.9% |
| Avg | - | - | 295.5% | 5.8% |
| Low | - | - | 46.7% | 1.6% |
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.