Merck & Co. Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Merck & Co. stock have an average target of 120.31, with a low estimate of 96 and a high estimate of 155. The average target predicts an increase of 28.23% from the current stock price of 93.82.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$96	$120.31	$115	$155
Change	+2.32%	+28.23%	+22.58%	+65.21%

Analyst Ratings

The average analyst rating for Merck & Co. stock from 17 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	6	6	7	6	7	7
Buy	4	4	3	3	3	3
Hold	2	3	4	5	6	6
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	13	14	15	15	17	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Shin Deutsche Bank	Deutsche Bank	Strong Buy → Hold Downgrades $128 → $105	Strong Buy → Hold	Downgrades	$128 → $105	+11.92%	Feb 18, 2025
Vamil Divan Guggenheim	Guggenheim	Strong Buy Maintains $122 → $115	Strong Buy	Maintains	$122 → $115	+22.58%	Feb 12, 2025
Tim Anderson B of A Securities	B of A Securities	Strong Buy Maintains $118 → $112	Strong Buy	Maintains	$118 → $112	+19.38%	Feb 5, 2025
Evan David Seigerman BMO Capital	BMO Capital	Hold Maintains $105 → $96	Hold	Maintains	$105 → $96	+2.32%	Feb 5, 2025
Andrew Baum Citigroup	Citigroup	Strong Buy Maintains $125 → $115	Strong Buy	Maintains	$125 → $115	+22.58%	Feb 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

65.83B

from 64.17B

2.59%

from 64.17B

Revenue Next Year

70.09B

from 65.83B

6.47%

from 65.83B

EPS This Year

9.07

from 6.74

34.59%

from 6.74

EPS Next Year

9.93

from 9.07

9.43%

from 9.07

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	41.52B	48.70B	59.28B	60.12B	64.17B	65.83B	70.09B	74.21B
Revenue Growth	6.13%	17.31%	21.72%	1.40%	6.74%	2.59%	6.47%	5.88%
EPS	2.78	5.14	5.71	0.14	6.74	9.07	9.93	10.97
EPS Growth	-27.15%	84.62%	11.15%	-97.55%	4,714.29%	34.59%	9.43%	10.56%
Forward PE	-	-	-	-	-	10.34	9.45	8.55
No. Analysts	-	-	-	-	-	26	24	19

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

Revenue Forecast

Revenue	2025	2026	2027
High	70.0B	76.6B	80.6B
Avg	65.8B	70.1B	74.2B
Low	62.9B	65.8B	69.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	9.0%	16.4%	14.9%
Avg	2.6%	6.5%	5.9%
Low	-2.0%	0.0%	-0.9%

EPS Forecast

EPS	2025	2026	2027
High	9.67	10.95	12.37
Avg	9.07	9.93	10.97
Low	8.71	8.98	9.25

EPS Growth

EPS Growth	2025	2026	2027
High	43.5%	20.7%	24.6%
Avg	34.6%	9.4%	10.6%
Low	29.3%	-1.0%	-6.8%

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.