Merck & Co., Inc. (MRK)

Merck & Co. Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Merck & Co. stock have an average target of 129.07, with a low estimate of 104 and a high estimate of 155. The average target predicts an increase of 29.46% from the current stock price of 99.70.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$104	$129.07	$130	$155
Change	+4.31%	+29.46%	+30.39%	+55.47%

Analyst Ratings

The average analyst rating for Merck & Co. stock from 15 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	5	5	5	6	6	7
Buy	4	4	4	4	4	3
Hold	2	2	2	2	3	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	12	12	12	13	14	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Evan David Seigerman BMO Capital	BMO Capital	Buy → Hold Downgrades $136 → $105	Buy → Hold	Downgrades	$136 → $105	+5.32%	Dec 20, 2024
Tim Anderson B of A Securities	B of A Securities	Strong Buy Initiates $121	Strong Buy	Initiates	$121	+21.36%	Dec 10, 2024
Alexandria Hammond Wolfe Research	Wolfe Research	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Nov 15, 2024
Robyn Karnauskas Truist Securities	Truist Securities	Strong Buy Maintains $132 → $130	Strong Buy	Maintains	$132 → $130	+30.39%	Nov 7, 2024
Seamus Fernandez Guggenheim	Guggenheim	Strong Buy Maintains $137 → $130	Strong Buy	Maintains	$137 → $130	+30.39%	Nov 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

64.62B

Increased by 7.49%

from 60.12B

Revenue Next Year

67.83B

Increased by 4.97%

from 64.62B

EPS This Year

7.83

Increased by 5,494.93%

from 0.14

EPS Next Year

9.58

Increased by 22.30%

from 7.83

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	39.12B	41.52B	48.70B	59.28B	60.12B	64.62B	67.83B	71.97B
Revenue Growth	-7.50%	6.13%	17.31%	21.72%	1.40%	7.49%	4.97%	6.11%
EPS	3.82	2.78	5.14	5.71	0.14	7.83	9.58	10.68
EPS Growth	64.64%	-27.15%	84.62%	11.15%	-97.55%	5,494.93%	22.30%	11.45%
Forward PE	-	-	-	-	-	12.73	10.41	9.34
No. Analysts	-	-	-	-	-	28	28	22

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	67.6B	72.8B	77.3B
Avg	64.6B	67.8B	72.0B
Low	62.1B	63.9B	67.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	12.4%	12.6%	14.0%
Avg	7.5%	5.0%	6.1%
Low	3.2%	-1.1%	-1.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	8.25	10.75	12.08
Avg	7.83	9.58	10.68
Low	7.53	8.18	9.38

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	5,795.0%	37.3%	26.0%
Avg	5,494.9%	22.3%	11.5%
Low	5,276.0%	4.5%	-2.1%

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.