Merck & Co. Stock Forecast

Stock Price Forecast

According to 27 analysts polled by S&P Global, Merck & Co. stock has a consensus rating of "Buy" and an average price target of $159.76. The average 1-year stock price forecast is 12.65% higher than the current stock price, while the lowest is $105 (-25.96%) and the highest is $186 (+31.15%).

Price Target: $159.76 (+12.65%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$105	$159.76	$165	$186
Change	-25.96%	+12.65%	+16.34%	+31.15%

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

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	15	15	15	15	14	14
Buy	4	4	4	5	5	5
Hold	10	9	8	8	8	8
Sell	0	1	1	0	0	0
Strong Sell	0	0	0	0	0	0
Total	29	29	28	28	27	27

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vamil Divan Guggenheim	Guggenheim	Buy Reiterates $170	Buy	Reiterates	$170	+19.87%	Oct 28, 2026
Carter Gould Cantor Fitzgerald	Cantor Fitzgerald	Hold Maintains $145	Hold	Maintains	$145	+2.24%	Oct 27, 2026
Trung Huynh RBC Capital	RBC Capital	Hold Maintains $145	Hold	Maintains	$145	+2.24%	Oct 27, 2026
Louise Chen Scotiabank	Scotiabank	Buy Maintains $180	Buy	Maintains	$180	+26.92%	Oct 27, 2026
Mohit Bansal Wells Fargo	Wells Fargo	Buy Maintains $165	Buy	Maintains	$165	+16.34%	Oct 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

67.05B

from 65.01B

3.14%

from 65.01B

Revenue Next Year

69.94B

from 67.05B

4.30%

from 67.05B

EPS This Year

2.65

from 8.98

-70.46%

from 8.98

EPS Next Year

9.23

from 2.65

248.17%

from 2.65

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	48.70B	59.28B	60.12B	64.17B	65.01B	67.05B
Revenue Growth	17.31%	21.72%	1.40%	6.74%	1.31%	3.14%
Gross Profit	35.24B	42.08B	44.20B	49.47B	50.20B	54.31B
Gross Margin	72.35%	70.98%	73.53%	77.09%	77.21%	81.00%
Operating Income	13.89B	20.49B	15.97B	24.89B	24.47B	11.53B
Net Income	13.05B	14.52B	365.00M	17.12B	18.25B	3.37B
EPS	-	-	-	-	8.98	2.65
EPS Growth	-	-	-	-	17.39%	-70.46%
Forward PE	10.97	15.45	17.47	11.05	12.18	53.47
Dividend / Share	2.60	2.76	2.92	3.08	3.24	3.40
Dividend Growth	6.56%	6.15%	5.80%	5.48%	5.20%	5.09%
Free Cash Flow	-	-	-	-	12.36B	19.10B
No. Analysts	-	-	-	-	-	24

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	67.4B
Avg	67.1B
Low	66.5B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	3.7%
Avg	3.1%
Low	2.2%

EPS Forecast

Chart

EPS	2026	2027	2028
High	2.83
Avg	2.65
Low	2.50

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-68.5%
Avg	-70.5%
Low	-72.2%