Merck & Co. Stock Forecast

Stock Price Forecast

The 14 analysts that cover Merck & Co. stock have a consensus rating of "Buy" and an average price target of $123.21, which forecasts a 1.69% increase in the stock price over the next year. The lowest target is $90 and the highest is $142.

Price Target: $123.21 (+1.69%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$90	$123.21	$120	$142
Change	-25.72%	+1.69%	-0.96%	+17.20%

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

Rating	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	5	5	5	5	4	2
Buy	2	1	2	4	4	6
Hold	9	9	7	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	15	14	15	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Trung Huynh RBC Capital	RBC Capital	Buy Initiates $142	Buy	Initiates	$142	+17.20%	Feb 25, 2026
Emily Field Barclays	Barclays	Buy Initiates $140	Buy	Initiates	$140	+15.55%	Feb 20, 2026
Vamil Divan Guggenheim	Guggenheim	Strong Buy Maintains $122 → $140	Strong Buy	Maintains	$122 → $140	+15.55%	Feb 6, 2026
Geoff Meacham Citigroup	Citigroup	Hold Maintains $115 → $120	Hold	Maintains	$115 → $120	-0.96%	Feb 4, 2026
Carter Gould Cantor Fitzgerald	Cantor Fitzgerald	Hold Maintains $116 → $120	Hold	Maintains	$116 → $120	-0.96%	Feb 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

67.39B

from 65.01B

3.66%

from 65.01B

Revenue Next Year

70.94B

from 67.39B

5.28%

from 67.39B

EPS This Year

5.41

from 7.28

-25.68%

from 7.28

EPS Next Year

10.00

from 5.41

84.84%

from 5.41

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	48.70B	59.28B	60.12B	64.17B	65.01B	67.39B	70.94B
Revenue Growth	17.31%	21.72%	1.40%	6.74%	1.31%	3.66%	5.28%
EPS	5.14	5.71	0.14	6.74	7.28	5.41	10.00
EPS Growth	84.62%	11.15%	-97.55%	4,714.29%	8.01%	-25.68%	84.84%
Forward PE	-	-	-	-	-	22.39	12.11
No. Analysts	-	-	-	-	-	29	24

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

Revenue Forecast

Revenue	2026	2027
High	70.8B	75.9B
Avg	67.4B	70.9B
Low	64.8B	65.8B

Revenue Growth

Revenue Growth	2026	2027
High	8.9%	12.6%
Avg	3.7%	5.3%
Low	-0.4%	-2.4%

EPS Forecast

EPS	2026	2027
High	6.59	11.42
Avg	5.41	10.00
Low	4.58	8.83

EPS Growth

EPS Growth	2026	2027
High	-9.4%	111.0%
Avg	-25.7%	84.8%
Low	-37.1%	63.2%

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.