Alvotech (ALVO)
NASDAQ: ALVO · Real-Time Price · USD
11.07
+0.06 (0.55%)
Sep 18, 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 26.47% from the current stock price of 11.07.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $14 $18 $18
Change -9.67% +26.47% +62.60% +62.60%
* 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 '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 000000
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$22$18
Buy Maintains $22$18 +62.60% Jul 25, 2024
Barclays
Barclays
Buy
Maintains
$20$22
Buy Maintains $20$22 +98.74% May 24, 2024
Barclays
Barclays
Buy
Maintains
$17$20
Buy Maintains $17$20 +80.67% Mar 22, 2024
Barclays
Barclays
Buy
Upgrades
$10$17
Buy Upgrades $10$17 +53.57% Jan 29, 2024
Citigroup
Citigroup
Hold
Upgrades
$5$10
Hold Upgrades $5$10 -9.67% Oct 20, 2023
More Analyst Ratings

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
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
82.68M69.45M39.68M85.02M93.38M457.67M654.16M809.37M
Revenue Growth
--16.00%-42.86%114.23%9.84%390.11%42.93%23.73%
EPS
-30.77-1.82-0.92-2.60-2.43-0.290.270.78
EPS Growth
-------184.29%
Forward PE
------40.6014.28
No. Analysts -----776
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
High
416.1%
52.6%
38.8%
Avg
390.1%
42.9%
23.7%
Low
357.7%
30.4%
8.2%

EPS Forecast

EPS 2024202520262027
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 2024202520262027
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.