Baxter International Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Baxter International stock has a consensus rating of "Hold" and an average price target of $21.54. The average 1-year stock price forecast is 11.15% higher than the current stock price, while the lowest is $17 (-12.28%) and the highest is $40 (+106.40%).

Price Target: $21.54 (+11.15%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$17	$21.54	$19.5	$40
Change	-12.28%	+11.15%	+0.62%	+106.40%

Analyst Ratings

The average analyst rating for Baxter International stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	0
Hold	13	13	13	12	12	11
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	0	0	1
Total	17	17	17	15	15	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joanne Wuensch Citi	Citi	Hold Upgrades $19 → $17	Hold	Upgrades	$19 → $17	-12.28%	May 28, 2026
Josh Jennings TD Cowen	TD Cowen	Hold Maintains $20	Hold	Maintains	$20	+3.20%	May 19, 2026
Travis Steed Bank of America Securities	Bank of America Securities	Hold Maintains $24	Hold	Maintains	$24	+23.84%	May 14, 2026
Steven Silver Argus Research	Argus Research	Hold Maintains n/a	Hold	Maintains	n/a	n/a	May 8, 2026
Matt Miksic Barclays	Barclays	Buy Maintains $25 → $27	Buy	Maintains	$25 → $27	+39.32%	May 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

11.36B

from 11.24B

1.03%

from 11.24B

Revenue Next Year

11.58B

from 11.36B

1.97%

from 11.36B

EPS This Year

1.92

from 2.27

-15.58%

from 2.27

EPS Next Year

2.02

from 1.92

5.23%

from 1.92

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	12.15B	10.06B	10.36B	10.64B	11.24B	11.36B
Revenue Growth	4.05%	-17.20%	3.01%	2.66%	5.72%	1.03%
Gross Profit	4.87B	4.17B	4.18B	4.21B	4.02B	4.35B
Gross Margin	40.05%	41.41%	40.35%	39.58%	35.73%	38.27%
Operating Income	1.73B	908.00M	896.00M	888.00M	1.04B	1.51B
Net Income	1.28B	-2.43B	2.66B	-649.00M	-957.00M	218.50M
EPS	-	-	-	-	2.27	1.92
EPS Growth	-	-	-	-	20.11%	-15.58%
Forward PE	20.19	14.37	12.91	12.71	8.68	10.11
Dividend / Share	1.09	1.15	1.16	1.04	0.52	0.04
Dividend Growth	-	5.99%	0.87%	-10.34%	-50.00%	-92.38%
Free Cash Flow	844.88M	138.38M	1.20B	319.00M	2.43B	1.07B
No. Analysts	-	-	-	-	-	13

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	11.4B
Avg	11.4B
Low	11.3B

Revenue Growth

Revenue Growth	2026	2027	2028
High	1.7%
Avg	1.0%
Low	0.7%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	1.92
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-15.6%
Low	-