AbbVie Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for AbbVie stock have an average target of 182.18, with a low estimate of 150 and a high estimate of 196. The average target predicts an increase of 11.46% from the current stock price of 163.45.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$150	$182.18	$190	$196
Change	-8.23%	+11.46%	+16.24%	+19.91%

Analyst Ratings

The average analyst rating for AbbVie 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	3	3	3	3	3	3
Buy	8	6	7	8	7	7
Hold	9	8	7	7	3	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	17	17	18	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Carter Gould Barclays	Barclays	Buy Maintains $185 → $195	Buy	Maintains	$185 → $195	+19.30%	Mar 27, 2024
Vamil Divan Guggenheim	Guggenheim	Strong Buy Maintains $188 → $190	Strong Buy	Maintains	$188 → $190	+16.24%	Mar 22, 2024
Gary Nachman Raymond James	Raymond James	Buy Maintains $181 → $189	Buy	Maintains	$181 → $189	+15.63%	Feb 6, 2024
Robyn Karnauskas Truist Securities	Truist Securities	Strong Buy Maintains $180 → $195	Strong Buy	Maintains	$180 → $195	+19.30%	Feb 6, 2024
Gary Nachman Raymond James	Raymond James	Buy Maintains $181 → $189	Buy	Maintains	$181 → $189	+15.63%	Feb 5, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

55.65B

from 54.32B

2.46%

from 54.32B

Revenue Next Year

59.08B

from 55.65B

6.15%

from 55.65B

EPS This Year

11.41

from 2.72

319.39%

from 2.72

EPS Next Year

12.45

from 11.41

9.15%

from 11.41

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	33.27B	45.80B	56.20B	58.05B	54.32B	55.65B	59.08B	63.30B	62.03B	64.38B
Revenue Growth	1.57%	37.69%	22.69%	3.30%	-6.44%	2.46%	6.15%	7.16%	-2.02%	3.79%
EPS	5.28	2.72	6.45	6.63	2.72	11.41	12.45	13.75	14.24	15.26
EPS Growth	44.26%	-48.48%	137.13%	2.79%	-58.97%	319.39%	9.15%	10.45%	3.55%	7.16%
No. Analysts	-	-	-	-	-	31	29	24	12	8

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	58.2B	63.8B	69.0B	69.5B	72.7B
Avg	55.7B	59.1B	63.3B	62.0B	64.4B
Low	52.8B	54.6B	57.1B	53.1B	55.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	7.1%	14.7%	16.8%	9.7%	17.3%
Avg	2.5%	6.2%	7.2%	-2.0%	3.8%
Low	-2.8%	-1.9%	-3.4%	-16.1%	-10.2%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	12.03	13.70	15.16	16.61	17.65
Avg	11.41	12.45	13.75	14.24	15.26
Low	10.63	11.27	12.40	11.06	11.20

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	342.4%	20.1%	21.8%	20.8%	24.0%
Avg	319.4%	9.1%	10.4%	3.6%	7.2%
Low	290.9%	-1.2%	-0.4%	-19.5%	-21.3%

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.