Merck & Co., Inc. (MRK)
NYSE: MRK · IEX Real-Time Price · USD
125.89
+0.45 (0.36%)
At close: Jul 17, 2024, 4:00 PM
126.40
+0.51 (0.41%)
After-hours: Jul 17, 2024, 7:25 PM EDT

Merck & Co. Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Merck & Co. stock have an average target of 134.33, with a low estimate of 104 and a high estimate of 155. The average target predicts an increase of 6.70% from the current stock price of 125.89.

Analyst Consensus: Buy
Target Low Average Median High
Price $104 $134.33 $135 $155
Change -17.39% +6.70% +7.24% +23.12%

Analyst Ratings

The average analyst rating for Merck & Co. stock from 12 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 864444
Buy 655544
Hold 333333
Sell 000000
Strong Sell 011111
Total 171513131212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Hold
Maintains
$132$134
Hold Maintains $132$134 +6.44% Jul 11, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$155
Buy Reiterates $155 +23.12% Jun 20, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$155
Buy Reiterates $155 +23.12% Jun 18, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$155
Buy Reiterates $155 +23.12% Jun 4, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$142$143
Strong Buy Maintains $142$143 +13.59% Apr 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
64.89B
from 60.12B
Increased by 7.94%
Revenue Next Year
69.65B
from 64.89B
Increased by 7.34%
EPS This Year
8.73
from 0.14
Increased by 6,137.25%
EPS Next Year
10.05
from 8.73
Increased by 15.14%
Year 2019202020212022202320242025202620272028
Revenue
39.12B41.52B48.70B59.28B60.12B64.89B69.65B73.87B77.06B80.38B
Revenue Growth
-7.50%6.13%17.31%21.72%1.40%7.94%7.34%6.05%4.33%4.30%
EPS
3.812.785.145.710.148.7310.0511.0611.8212.62
EPS Growth
64.22%-27.03%84.89%11.09%-97.55%6,137.25%15.14%10.05%6.87%6.75%
Forward PE
-----14.4212.5211.3810.659.97
No. Analysts -----2828221312
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 68.3B 75.3B 80.8B 84.6B 91.9B
Avg 64.9B 69.7B 73.9B 77.1B 80.4B
Low 61.7B 65.1B 68.0B 71.0B 73.1B

Revenue Growth

Revenue Growth 20242025202620272028
High
13.5%
16.1%
15.9%
14.6%
19.3%
Avg
7.9%
7.3%
6.0%
4.3%
4.3%
Low
2.7%
0.4%
-2.3%
-3.9%
-5.1%

EPS Forecast

EPS 20242025202620272028
High 9.41 11.04 12.54 13.77 14.98
Avg 8.73 10.05 11.06 11.82 12.62
Low 8.33 9.15 9.99 9.99 10.34

EPS Growth

EPS Growth 20242025202620272028
High
6,620.0%
26.4%
24.8%
24.4%
26.7%
Avg
6,137.3%
15.1%
10.0%
6.9%
6.7%
Low
5,850.0%
4.8%
-0.7%
-9.7%
-12.6%
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.