Alvotech (ALVO)
NASDAQ: ALVO · IEX Real-Time Price · USD
13.60
-0.26 (-1.88%)
May 8, 2024, 9:49 AM EDT - Market open
Alvotech Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Alvotech stock have an average target of 15, with a low estimate of 10 and a high estimate of 20. The average target predicts an increase of 10.29% from the current stock price of 13.60.
Analyst Consensus: Buy
* Price targets were last updated on Mar 22, 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $17 → $20 | Buy | Maintains | $17 → $20 | +47.06% | Mar 22, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $10 → $17 | Hold → Buy | Upgrades | $10 → $17 | +25.00% | Jan 29, 2024 |
| Citigroup | Citigroup | Strong Sell → Hold Upgrades $5 → $10 | Strong Sell → Hold | Upgrades | $5 → $10 | -26.47% | Oct 20, 2023 |
| Barclays | Barclays | Hold Initiates $10 | Hold | Initiates | $10 | -26.47% | Sep 21, 2023 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $8 → $12 | Hold | Maintains | $8 → $12 | -11.76% | Mar 7, 2023 |
Financial Forecast
Revenue This Year
324.95M
from 93.38M
Increased by 247.98%
Revenue Next Year
597.98M
from 324.95M
Increased by 84.02%
EPS This Year
-0.52
from -2.43
EPS Next Year
0.06
from -0.52
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 355.2M | 679.4M | 954.5M | 729.6M |
| Avg | 325.0M | 598.0M | 821.4M | 708.8M |
| Low | 294.0M | 539.0M | 643.9M | 681.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 280.4% | 109.1% | 59.6% | -11.2% |
| Avg | 248.0% | 84.0% | 37.4% | -13.7% |
| Low | 214.8% | 65.9% | 7.7% | -17.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.18 | 0.56 | 1.10 | 0.90 |
| Avg | -0.52 | 0.06 | 0.51 | 0.87 |
| Low | -0.96 | -0.23 | 0.11 | 0.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | 1,779.8% | 77.6% |
| Avg | - | - | 763.8% | 72.6% |
| Low | - | - | 83.8% | 65.8% |
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.