AbbVie Inc. (ABBV)
NYSE: ABBV · Real-Time Price · USD
192.87
-0.58 (-0.30%)
Feb 14, 2025, 4:00 PM EST - Market closed

AbbVie Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for AbbVie stock have an average target of 209.6, with a low estimate of 185 and a high estimate of 239. The average target predicts an increase of 8.67% from the current stock price of 192.87.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $185 $209.6 $212 $239
Change -4.08% +8.67% +9.92% +23.92%

Analyst Ratings

The average analyst rating for AbbVie stock from 21 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 489888
Buy 9911111110
Hold 232333
Sell 000000
Strong Sell 000000
Total 152022222221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$205$215
Strong Buy Maintains $205$215 +11.47% Feb 3, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$211$217
Strong Buy Maintains $211$217 +12.51% Feb 3, 2025
UBS
UBS
Hold
Maintains
$181$190
Hold Maintains $181$190 -1.49% Feb 3, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$195$210
Buy Maintains $195$210 +8.88% Feb 3, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$224$239
Buy Maintains $224$239 +23.92% Feb 3, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
60.64B
from 56.33B
Increased by 7.64%
Revenue Next Year
65.35B
from 60.64B
Increased by 7.78%
EPS This Year
12.41
from 2.39
Increased by 419.32%
EPS Next Year
14.03
from 12.41
Increased by 13.03%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
45.80B56.20B58.05B54.32B56.33B60.64B65.35B69.87B
Revenue Growth
37.69%22.69%3.30%-6.44%3.71%7.64%7.78%6.90%
EPS
2.726.456.632.722.3912.4114.0315.33
EPS Growth
-48.48%137.13%2.79%-58.97%-12.13%419.32%13.03%9.25%
Forward PE
-----15.5413.7512.58
No. Analysts -----322616
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 63.6B 70.0B 75.0B
Avg 60.6B 65.4B 69.9B
Low 57.2B 60.5B 64.2B

Revenue Growth

Revenue Growth 20252026202720282029
High
12.9%
15.4%
14.7%
Avg
7.6%
7.8%
6.9%
Low
1.6%
-0.2%
-1.7%

EPS Forecast

EPS 20252026202720282029
High 13.65 15.70 18.15
Avg 12.41 14.03 15.33
Low 11.30 12.81 13.60

EPS Growth

EPS Growth 20252026202720282029
High
471.0%
26.5%
29.4%
Avg
419.3%
13.0%
9.3%
Low
372.8%
3.2%
-3.0%
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.