Walgreens Boots Alliance, Inc. (WBA)

Walgreens Boots Alliance Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for WBA stock have an average target of 17.14, with a low estimate of 9.00 and a high estimate of 30. The average target predicts an increase of 55.68% from the current stock price of 11.01.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$9.00	$17.14	$20	$30
Change	-18.26%	+55.68%	+81.65%	+172.48%

Analyst Ratings

The average analyst rating for WBA stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	1	1	1	1
Buy	2	2	1	1	1	1
Hold	10	10	10	10	9	9
Sell	2	2	2	2	4	4
Strong Sell	0	0	0	0	0	0
Total	14	14	14	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kevin Caliendo UBS	UBS	Hold Maintains $17 → $12	Hold	Maintains	$17 → $12	+8.99%	Jul 3, 2024
Ben Hendrix RBC Capital	RBC Capital	Hold Maintains $22 → $13	Hold	Maintains	$22 → $13	+18.07%	Jul 2, 2024
Lisa Gill JP Morgan	JP Morgan	Buy Maintains $30 → $20	Buy	Maintains	$30 → $20	+81.65%	Jul 1, 2024
Charles Ryhee TD Cowen	TD Cowen	Strong Buy Maintains $35 → $22	Strong Buy	Maintains	$35 → $22	+99.82%	Jul 1, 2024
Steve Valiquette Barclays	Barclays	Sell Maintains $15 → $11	Sell	Maintains	$15 → $11	-0.09%	Jun 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

146.73B

Increased by 5.50%

from 139.08B

Revenue Next Year

152.05B

Increased by 3.62%

from 146.73B

EPS This Year

3.25

from -3.57

EPS Next Year

3.13

Decreased by -3.78%

from 3.25

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	120.07B	121.98B	132.51B	132.70B	139.08B	146.73B	152.05B	158.29B	166.29B	172.30B
Revenue Growth	-8.71%	1.59%	8.63%	0.15%	4.81%	5.50%	3.62%	4.10%	5.06%	3.61%
EPS	4.31	0.52	2.93	5.01	-3.57	3.25	3.13	3.49	3.86	4.26
EPS Growth	-14.65%	-87.94%	463.46%	70.99%	-	-	-3.78%	11.66%	10.56%	10.47%
Forward PE	-	-	-	-	-	3.39	3.52	3.16	2.85	2.58
No. Analysts	-	-	-	-	-	22	21	12	4	4

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	155.1B	164.5B	174.6B	184.3B	193.3B
Avg	146.7B	152.1B	158.3B	166.3B	172.3B
Low	139.8B	143.0B	147.9B	154.5B	157.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	11.5%	12.1%	14.8%	16.5%	16.2%
Avg	5.5%	3.6%	4.1%	5.1%	3.6%
Low	0.5%	-2.6%	-2.7%	-2.4%	-5.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.52	3.89	4.20	4.41	4.79
Avg	3.25	3.13	3.49	3.86	4.26
Low	3.02	2.70	3.07	3.33	3.68

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	19.6%	34.4%	26.4%	24.1%
Avg	-	-3.8%	11.7%	10.6%	10.5%
Low	-	-17.0%	-1.8%	-4.5%	-4.7%

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.