Abbott Laboratories (ABT)
NYSE: ABT · IEX Real-Time Price · USD
113.66
+0.18 (0.16%)
At close: Mar 28, 2024, 4:00 PM
113.50
-0.16 (-0.14%)
After-hours: Mar 28, 2024, 7:55 PM EDT

Abbott Laboratories Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Abbott Laboratories stock have an average target of 125.27, with a low estimate of 107 and a high estimate of 141. The average target predicts an increase of 10.21% from the current stock price of 113.66.

Analyst Consensus: Buy
Target Low Average Median High
Price $107 $125.27 $127 $141
Change -5.86% +10.21% +11.74% +24.05%
* Price targets were last updated on Feb 14, 2024.

Analyst Ratings

The average analyst rating for ABT stock from 12 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 776644
Buy 10107655
Hold 333333
Sell 000000
Strong Sell 000000
Total 202016151212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Reiterates
$128
Buy Reiterates $128 +12.62% Feb 14, 2024
Barclays
Barclays
Buy
Maintains
$133$141
Buy Maintains $133$141 +24.05% Jan 26, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$123$126
Strong Buy Maintains $123$126 +10.86% Jan 25, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$128
Buy Reiterates $128 +12.62% Jan 25, 2024
Raymond James
Raymond James
Buy
Maintains
$124$127
Buy Maintains $124$127 +11.74% Jan 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
42.43B
from 40.11B
Increased by 5.79%
Revenue Next Year
45.50B
from 42.43B
Increased by 7.23%
EPS This Year
4.64
from 3.26
Increased by 42.30%
EPS Next Year
5.16
from 4.64
Increased by 11.29%
Year 2019202020212022202320242025202620272028
Revenue
31.90B34.61B43.08B43.65B40.11B42.43B45.50B48.81B50.64B55.99B
Revenue Growth
4.34%8.48%24.47%1.34%-8.12%5.79%7.23%7.28%3.75%10.58%
EPS
2.062.503.943.913.264.645.165.756.107.38
EPS Growth
54.89%21.36%57.60%-0.76%-16.62%42.30%11.29%11.44%6.09%20.96%
No. Analysts -----27262042
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 44.7B 48.0B 51.9B 54.2B 58.2B
Avg 42.4B 45.5B 48.8B 50.6B 56.0B
Low 40.9B 43.7B 46.5B 47.4B 54.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
11.3%
13.2%
14.1%
11.0%
15.0%
Avg
5.8%
7.2%
7.3%
3.7%
10.6%
Low
2.0%
3.0%
2.2%
-2.8%
7.3%

EPS Forecast

EPS 20242025202620272028
High 4.94 5.63 6.32 6.87 7.68
Avg 4.64 5.16 5.75 6.10 7.38
Low 3.92 4.30 5.42 5.42 7.16

EPS Growth

EPS Growth 20242025202620272028
High
51.4%
21.3%
22.4%
19.4%
25.8%
Avg
42.3%
11.3%
11.4%
6.1%
21.0%
Low
20.2%
-7.3%
5.0%
-5.8%
17.4%
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.