Merck & Co., Inc. (MRK)
NYSE: MRK · Real-Time Price · USD
146.73
-0.21 (-0.14%)
At close: Nov 6, 2026, 4:00 PM EST
147.34
+0.61 (0.41%)
After-hours: Nov 6, 2026, 7:59 PM EST

Merck & Co. Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Merck & Co. stock has a consensus rating of "Buy" and an average price target of $161.53. The average 1-year stock price forecast is 10.09% higher than the current stock price, while the lowest is $105 (-28.44%) and the highest is $186 (+26.76%).

Price Target: $161.53 (+10.09%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$105$161.53$165$186
Change-28.44%+10.09%+12.45%+26.76%

Analyst Ratings

The average analyst rating for Merck & Co. stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy151515141414
Buy445555
Hold988899
Sell110000
Strong Sell000000
Total292828272828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
DZ BANK AG
DZ BANK AG
Hold
Downgrades
$153
HoldDowngrades$153+4.27%Nov 3, 2026
Leerink Partners
Leerink Partners
Buy
Maintains
$161 → $162
BuyMaintains$161 → $162+10.41%Nov 2, 2026
Freedom Capital Markets
Freedom Capital Markets
Hold
Maintains
$125 → $140
HoldMaintains$125 → $140-4.59%Nov 2, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Maintains
$145 → $155
HoldMaintains$145 → $155+5.64%Nov 2, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$165 → $175
BuyReiterates$165 → $175+19.27%Oct 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
67.24B
from 65.01B
Increased by 3.43%
Revenue Next Year
69.46B
from 67.24B
Increased by 3.30%
EPS This Year
2.78
from 8.98
Decreased by -69.04%
EPS Next Year
8.98
from 2.78
Increased by 223.06%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
48.70B59.28B60.12B64.17B65.01B67.24B
Revenue Growth
17.31%21.72%1.40%6.74%1.31%3.43%
Gross Profit
35.24B42.08B44.20B49.47B50.20B54.42B
Gross Margin
72.35%70.98%73.53%77.09%77.21%80.93%
Operating Income
13.89B20.49B15.97B24.89B24.47B11.78B
Net Income
13.05B14.52B365.00M17.12B18.25B3.77B
EPS
----8.982.78
EPS Growth
----17.39%-69.04%
Forward PE
10.9715.4517.4711.0512.1852.78
Dividend / Share
2.602.762.923.083.243.40
Dividend Growth
6.56%6.15%5.80%5.48%5.20%4.86%
Free Cash Flow
----12.36B19.01B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High67.8B
Avg67.2B
Low66.8B

Revenue Growth

Revenue Growth202620272028
High
4.2%
Avg
3.4%
Low
2.8%

EPS Forecast

EPS202620272028
High2.99
Avg2.78
Low2.50

EPS Growth

EPS Growth202620272028
High
-66.7%
Avg
-69.0%
Low
-72.2%