Merck & Co., Inc. (MRK)
NYSE: MRK · Real-Time Price · USD
125.07
-0.92 (-0.73%)
At close: Jul 9, 2026, 4:00 PM EDT
124.99
-0.08 (-0.06%)
After-hours: Jul 9, 2026, 7:59 PM EDT

Merck & Co. Stock Forecast

Stock Price Forecast

According to 29 analysts polled by S&P Global, Merck & Co. stock has a consensus rating of "Buy" and an average price target of $132.07. The average 1-year stock price forecast is 5.60% higher than the current stock price, while the lowest is $100 (-20.04%) and the highest is $155 (+23.93%).

Price Target: $132.07 (+5.60%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$100$132.07$137$155
Change-20.04%+5.60%+9.54%+23.93%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy151415151515
Buy444444
Hold1111101099
Sell000011
Strong Sell000000
Total302929292929

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Hold
Maintains
$112$113
HoldMaintains$112$113-9.65%Jul 9, 2026
RBC Capital
RBC Capital
Buy
Maintains
$142
BuyMaintains$142+13.54%Jul 9, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$145$150
BuyReiterates$145$150+19.93%Jul 8, 2026
HSBC
HSBC
Buy
Maintains
$135$150
BuyMaintains$135$150+19.93%Jul 6, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$141
BuyReiterates$141+12.74%Jun 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
66.81B
from 65.01B
Increased by 2.76%
Revenue Next Year
70.13B
from 66.81B
Increased by 4.98%
EPS This Year
2.92
from 8.98
Decreased by -67.47%
EPS Next Year
9.62
from 2.92
Increased by 229.48%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
48.70B59.28B60.12B64.17B65.01B66.81B
Revenue Growth
17.31%21.72%1.40%6.74%1.31%2.76%
Gross Profit
35.24B42.08B44.20B49.47B50.20B53.27B
Gross Margin
72.35%70.98%73.53%77.09%77.21%79.73%
Operating Income
13.89B20.49B15.97B24.89B24.47B11.97B
Net Income
13.05B14.52B365.00M17.12B18.25B5.58B
EPS
----8.982.92
EPS Growth
----17.39%-67.47%
Forward PE
10.9715.4517.4711.0512.1842.82
Dividend / Share
2.602.762.923.083.243.35
Dividend Growth
-6.15%5.80%5.48%5.19%3.41%
Free Cash Flow
5.43B12.64B9.26B17.83B11.89B11.71B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High67.7B
Avg66.8B
Low66.1B

Revenue Growth

Revenue Growth202620272028
High
4.1%
Avg
2.8%
Low
1.7%

EPS Forecast

EPS202620272028
High5.09
Avg2.92
Low2.61

EPS Growth

EPS Growth202620272028
High
-43.3%
Avg
-67.5%
Low
-70.9%