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NASDAQ: ALKS
Alkermes PLC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsRevenueDividendOwnership

Analyst price target for ALKS

Based on 9 analysts offering 12 month price targets for Alkermes PLC

Min Forecast
$26.00-16.64%
Avg Forecast
$35.67+14.35%
Max Forecast
$43.00+37.86%

Should I buy or sell ALKS stock?

Based on 9 analysts offering ratings for Alkermes PLC.

Strong Buy
Strong Buy
5 analysts 55.56%
Buy
2 analysts 22.22%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Our proven Zen Rating quant model "Buy" agrees with analyst consensus "Strong Buy" rating. Learn More

Be the first to know when Wall Street analysts revise their ALKS stock forecasts and price targets.

ALKS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-11-13
lockedlocked$00.00+00.00%2024-11-05
lockedlocked$00.00+00.00%2024-10-25
lockedlocked$00.00+00.00%2024-10-25
lockedlocked$00.00+00.00%2024-10-25
Piper Sandler
Top 16%
85
Strong BuyReiterates$37.00+18.63%2024-10-25
HC Wainwright & Co.
Top 9%
92
HoldReiterates$37.00+18.63%2024-10-25
Baird
Top 20%
81
BuyMaintains$38.00+21.83%2024-07-25
TD Cowen
Bottom 11%
11
Strong BuyInitiates Coverage On$34.00+9.01%2024-06-17

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Forecast return on equity

Is ALKS forecast to generate an efficient return?

Company
18.85%
Industry
37.14%
Market
70.91%
ALKS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ALKS forecast to generate an efficient return on assets?

Company
11.3%
Industry
16.04%
ALKS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ALKS earnings per share forecast

What is ALKS's earnings per share in the next 3 years based on estimates from 7 analysts?

Avg 1 year Forecast
$2.25+11.8%
Avg 2 year Forecast
$1.47-26.87%
Avg 3 year Forecast
$1.69-16.04%
ALKS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ALKS revenue forecast

What is ALKS's revenue in the next 3 years based on estimates from 7 analysts?

Avg 1 year Forecast
$1.5B+0.14%
Avg 2 year Forecast
$1.4B-7.18%
Avg 3 year Forecast
$1.4B-3.75%
ALKS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ALKS earnings growth forecast

How is ALKS forecast to perform vs Drug Manufacturers - Specialty & Generic companies and vs the US market?

Company
-10.74%
Industry
12.91%
Market
17.45%
ALKS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ALKS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ALKS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ALKS revenue growth forecast

How is ALKS forecast to perform vs Drug Manufacturers - Specialty & Generic companies and vs the US market?

Company
-1.96%
Industry
5.21%
Market
8.87%
ALKS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ALKS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ALKS vs Pharmaceutical Stocks

TickerPricePrice TargetUp/downsideConsensus
ALKS$31.19$35.67+14.35%Strong Buy
PBH$85.68$85.50-0.21%Buy
ELAN$12.12$17.00+40.26%Buy
LNTH$89.34$138.25+54.75%Strong Buy
PRGO$28.43$35.67+25.46%Strong Buy
View Top Pharmaceutical Stocks

Alkermes Stock Forecast FAQ

Is Alkermes Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: ALKS) stock is to Strong Buy ALKS stock.

Out of 9 analysts, 5 (55.56%) are recommending ALKS as a Strong Buy, 2 (22.22%) are recommending ALKS as a Buy, 2 (22.22%) are recommending ALKS as a Hold, 0 (0%) are recommending ALKS as a Sell, and 0 (0%) are recommending ALKS as a Strong Sell.

If you're new to stock investing, here's how to buy Alkermes stock.

What is ALKS's earnings growth forecast for 2024-2026?

(NASDAQ: ALKS) Alkermes's forecast annual earnings growth rate of -10.74% is not forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast earnings growth rate of 12.91%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.45%.

Alkermes's earnings in 2024 is $333,346,000.On average, 7 Wall Street analysts forecast ALKS's earnings for 2024 to be $363,586,416, with the lowest ALKS earnings forecast at $336,549,217, and the highest ALKS earnings forecast at $389,944,044. On average, 7 Wall Street analysts forecast ALKS's earnings for 2025 to be $237,849,687, with the lowest ALKS earnings forecast at $203,871,160, and the highest ALKS earnings forecast at $270,210,188.

In 2026, ALKS is forecast to generate $273,041,732 in earnings, with the lowest earnings forecast at $245,939,812 and the highest earnings forecast at $321,986,991.

What is ALKS's revenue growth forecast for 2024-2026?

(NASDAQ: ALKS) Alkermes's forecast annual revenue growth rate of -1.96% is not forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast revenue growth rate of 5.21%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.87%.

Alkermes's revenue in 2024 is $1,505,121,000.On average, 7 Wall Street analysts forecast ALKS's revenue for 2024 to be $243,881,360,653, with the lowest ALKS revenue forecast at $240,066,381,120, and the highest ALKS revenue forecast at $246,409,039,433. On average, 7 Wall Street analysts forecast ALKS's revenue for 2025 to be $226,055,416,544, with the lowest ALKS revenue forecast at $215,893,086,424, and the highest ALKS revenue forecast at $234,775,439,108.

In 2026, ALKS is forecast to generate $234,411,545,268 in revenue, with the lowest revenue forecast at $226,696,639,884 and the highest revenue forecast at $247,234,232,224.

What is ALKS's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: ALKS) forecast ROA is 11.3%, which is lower than the forecast US Drug Manufacturers - Specialty & Generic industry average of 16.04%.

What is ALKS's Price Target?

According to 9 Wall Street analysts that have issued a 1 year ALKS price target, the average ALKS price target is $35.67, with the highest ALKS stock price forecast at $43.00 and the lowest ALKS stock price forecast at $26.00.

On average, Wall Street analysts predict that Alkermes's share price could reach $35.67 by Nov 13, 2025. The average Alkermes stock price prediction forecasts a potential upside of 14.35% from the current ALKS share price of $31.19.

What is ALKS's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: ALKS) Alkermes's current Earnings Per Share (EPS) is $2.01. On average, analysts forecast that ALKS's EPS will be $2.25 for 2024, with the lowest EPS forecast at $2.08, and the highest EPS forecast at $2.41. On average, analysts forecast that ALKS's EPS will be $1.47 for 2025, with the lowest EPS forecast at $1.26, and the highest EPS forecast at $1.67. In 2026, ALKS's EPS is forecast to hit $1.69 (min: $1.52, max: $1.99).

What is ALKS's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: ALKS) forecast ROE is 18.85%, which is considered weak.
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