Merck & Co., Inc. (MRK)
NYSE: MRK · Real-Time Price · USD
128.58
+0.21 (0.16%)
At close: Aug 7, 2026, 4:00 PM EDT
128.85
+0.27 (0.21%)
After-hours: Aug 7, 2026, 7:57 PM EDT

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 $136.85. The average 1-year stock price forecast is 6.43% higher than the current stock price, while the lowest is $105 (-18.34%) and the highest is $155 (+20.55%).

Price Target: $136.85 (+6.43%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$105$136.85$141.5$155
Change-18.34%+6.43%+10.05%+20.55%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy141515151515
Buy444444
Hold111010988
Sell000111
Strong Sell000000
Total292929292828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$140$150
BuyMaintains$140$150+16.66%Aug 7, 2026
Berenberg Bank
Berenberg Bank
Hold
Maintains
$127
HoldMaintains$127-1.23%Aug 6, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$113$116
HoldReiterates$113$116-9.78%Aug 5, 2026
RBC Capital
RBC Capital
Buy
Reiterates
$142
BuyReiterates$142+10.44%Aug 5, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$150
BuyMaintains$150+16.66%Aug 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
67.10B
from 65.01B
Increased by 3.22%
Revenue Next Year
70.35B
from 67.10B
Increased by 4.84%
EPS This Year
2.74
from 8.98
Decreased by -69.47%
EPS Next Year
9.60
from 2.74
Increased by 250.04%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
48.70B59.28B60.12B64.17B65.01B67.10B
Revenue Growth
17.31%21.72%1.40%6.74%1.31%3.22%
Gross Profit
35.24B42.08B44.20B49.47B50.20B54.51B
Gross Margin
72.35%70.98%73.53%77.09%77.21%81.23%
Operating Income
13.89B20.49B15.97B24.89B24.47B12.04B
Net Income
13.05B14.52B365.00M17.12B18.25B4.12B
EPS
----8.982.74
EPS Growth
----17.39%-69.47%
Forward PE
10.9715.4517.4711.0512.1846.90
Dividend / Share
2.602.762.923.083.243.40
Dividend Growth
-6.15%5.80%5.48%5.19%4.87%
Free Cash Flow
5.43B12.64B9.26B17.83B11.89B16.10B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High67.5B
Avg67.1B
Low66.4B

Revenue Growth

Revenue Growth202620272028
High
3.8%
Avg
3.2%
Low
2.1%

EPS Forecast

EPS202620272028
High2.87
Avg2.74
Low2.62

EPS Growth

EPS Growth202620272028
High
-68.0%
Avg
-69.5%
Low
-70.8%