Alvotech (ALVO)
NASDAQ: ALVO · Real-Time Price · USD
11.18
+0.11 (0.99%)
Sep 19, 2024, 4:00 PM EDT - Market closed
Alvotech Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Alvotech stock have an average target of 14, with a low estimate of 10 and a high estimate of 18. The average target predicts an increase of 25.22% from the current stock price of 11.18.
Analyst Consensus: Buy
* Price targets were last updated on Jul 25, 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $22 → $18 | Buy | Maintains | $22 → $18 | +61.00% | Jul 25, 2024 |
| Barclays | Barclays | Buy Maintains $20 → $22 | Buy | Maintains | $20 → $22 | +96.78% | May 24, 2024 |
| Barclays | Barclays | Buy Maintains $17 → $20 | Buy | Maintains | $17 → $20 | +78.89% | Mar 22, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades $10 → $17 | Hold → Buy | Upgrades | $10 → $17 | +52.06% | Jan 29, 2024 |
| Citigroup | Citigroup | Strong Sell → Hold Upgrades $5 → $10 | Strong Sell → Hold | Upgrades | $5 → $10 | -10.55% | Oct 20, 2023 |
Financial Forecast
Revenue This Year
457.67M
from 93.38M
Increased by 390.11%
Revenue Next Year
654.16M
from 457.67M
Increased by 42.93%
EPS This Year
-0.29
from -2.43
EPS Next Year
0.27
from -0.29
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 482.0M | 698.3M | 908.3M | |
| Avg | 457.7M | 654.2M | 809.4M | |
| Low | 427.4M | 596.8M | 707.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 416.1% | 52.6% | 38.8% | |
| Avg | 390.1% | 42.9% | 23.7% | |
| Low | 357.7% | 30.4% | 8.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.22 | 0.47 | 1.11 | |
| Avg | -0.29 | 0.27 | 0.78 | |
| Low | -0.34 | 0.05 | 0.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | 308.2% | |
| Avg | - | - | 184.3% | |
| Low | - | - | 65.3% |
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.