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

OverviewForecast
EarningsDividendOwnership

Analyst price target for ALKS

Based on 8 analysts offering 12 month price targets for Alkermes PLC.
Min Forecast
$25.00+3.05%
Avg Forecast
$35.38+45.82%
Max Forecast
$50.00+106.1%

Should I buy or sell ALKS stock?

Based on 8 analysts offering ratings for Alkermes PLC.
Buy
Strong Buy
3 analysts 37.5%
Buy
1 analysts 12.5%
Hold
3 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
1 analysts 12.5%

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%2024-04-19
lockedlocked$00.00+00.00%2024-04-09
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2024-03-19
lockedlocked$00.00+00.00%2024-02-20
Bank of America
Top 17%
84
HoldMaintains$29.00+19.54%2024-01-02
JP Morgan
Top 12%
89
HoldReinstates$33.00+36.03%2023-11-20
Mizuho
Bottom 11%
11
Strong BuyMaintains$35.00+44.27%2023-10-26

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Forecast return on equity

Is ALKS forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is ALKS forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

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-8.8%
Avg 2 year Forecast
$1.5B-8.7%
Avg 3 year Forecast
$1.6B-5.88%
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
-1.1%
Industry
32.28%
Market
21.77%
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
-2.18%
Industry
9.16%
Market
10.16%
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$24.26$35.38+45.82%Buy
PRGO$30.49$40.67+33.38%Strong Buy
LNTH$64.41$96.20+49.36%Strong Buy
ALVO$13.40$20.00+49.25%Strong Buy
PBH$71.22N/AN/A
View Top Pharmaceutical Stocks

Alkermes Stock Forecast FAQ

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

The consensus among 8 Wall Street analysts covering (NASDAQ: ALKS) stock is to Buy ALKS stock.

Out of 8 analysts, 3 (37.5%) are recommending ALKS as a Strong Buy, 1 (12.5%) are recommending ALKS as a Buy, 3 (37.5%) are recommending ALKS as a Hold, 0 (0%) are recommending ALKS as a Sell, and 1 (12.5%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: ALKS) Alkermes's forecast annual revenue growth rate of -2.18% is not forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast revenue growth rate of 9.16%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Alkermes's revenue in 2024 is $1,663,405,000.On average, 7 Wall Street analysts forecast ALKS's revenue for 2024 to be $253,462,346,339, with the lowest ALKS revenue forecast at $247,573,413,879, and the highest ALKS revenue forecast at $256,528,694,608. On average, 7 Wall Street analysts forecast ALKS's revenue for 2025 to be $253,739,692,720, with the lowest ALKS revenue forecast at $247,372,922,520, and the highest ALKS revenue forecast at $261,965,351,976.

In 2026, ALKS is forecast to generate $261,570,216,921 in revenue, with the lowest revenue forecast at $248,091,349,892 and the highest revenue forecast at $271,966,529,297.

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

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

What is ALKS's Price Target?

According to 8 Wall Street analysts that have issued a 1 year ALKS price target, the average ALKS price target is $35.38, with the highest ALKS stock price forecast at $50.00 and the lowest ALKS stock price forecast at $25.00.

On average, Wall Street analysts predict that Alkermes's share price could reach $35.38 by Apr 19, 2025. The average Alkermes stock price prediction forecasts a potential upside of 45.82% from the current ALKS share price of $24.26.

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

(NASDAQ: ALKS) forecast ROE is N/A, which is considered weak.
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