Merck & Co., Inc. (MRK)
NYSE: MRK · Real-Time Price · USD
148.69
-0.09 (-0.06%)
At close: Sep 28, 2026, 4:00 PM EDT
148.56
-0.13 (-0.09%)
After-hours: Sep 28, 2026, 7:49 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 $152.96. The average 1-year stock price forecast is 2.87% higher than the current stock price, while the lowest is $105 (-29.38%) and the highest is $186 (+25.09%).

Price Target: $152.96 (+2.87%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$105$152.96$152.5$186
Change-29.38%+2.87%+2.56%+25.09%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy151515151515
Buy444455
Hold10109888
Sell001100
Strong Sell000000
Total292929282828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Buy
Maintains
$170
BuyMaintains$170+14.33%Sep 25, 2026
UBS
UBS
Buy
Reiterates
$175
BuyReiterates$175+17.69%Sep 24, 2026
Scotiabank
Scotiabank
Buy
Maintains
$155
BuyMaintains$155+4.24%Sep 23, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$166
BuyMaintains$166+11.64%Sep 23, 2026
Citi
Citi
Hold
Maintains
$125
HoldMaintains$125-15.93%Sep 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
67.15B
from 65.01B
Increased by 3.29%
Revenue Next Year
70.28B
from 67.15B
Increased by 4.66%
EPS This Year
2.74
from 8.98
Decreased by -69.48%
EPS Next Year
9.53
from 2.74
Increased by 247.83%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
48.70B59.28B60.12B64.17B65.01B67.15B
Revenue Growth
17.31%21.72%1.40%6.74%1.31%3.29%
Gross Profit
35.24B42.08B44.20B49.47B50.20B54.38B
Gross Margin
72.35%70.98%73.53%77.09%77.21%80.98%
Operating Income
13.89B20.49B15.97B24.89B24.47B12.00B
Net Income
13.05B14.52B365.00M17.12B18.25B3.27B
EPS
----8.982.74
EPS Growth
----17.39%-69.48%
Forward PE
10.9715.4517.4711.0512.1854.25
Dividend / Share
2.602.762.923.083.243.41
Dividend Growth
6.56%6.15%5.80%5.48%5.20%5.31%
Free Cash Flow
----12.36B19.04B
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High67.5B
Avg67.2B
Low66.5B

Revenue Growth

Revenue Growth202620272028
High
3.8%
Avg
3.3%
Low
2.2%

EPS Forecast

EPS202620272028
High2.83
Avg2.74
Low2.62

EPS Growth

EPS Growth202620272028
High
-68.5%
Avg
-69.5%
Low
-70.8%