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NYSE: ABBV
ABBVIE INC Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Analyst price target for ABBV

Based on 11 analysts offering 12 month price targets for ABBVIE INC.
Min Forecast
$113.00-25.82%
Avg Forecast
$163.73+7.47%
Max Forecast
$200.00+31.29%

Should I buy or sell ABBV stock?

Based on 11 analysts offering ratings for ABBVIE INC.
Buy
Strong Buy
5 analysts 45.45%
Buy
2 analysts 18.18%
Hold
3 analysts 27.27%
Sell
1 analysts 9.09%
Strong Sell
0 analysts 0%

ABBV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
SVB Leerink
Top 13%
88
SellInitiates Coverage On$140.00-8.10%2022-05-23
Morgan Stanley
Bottom 2%
2
Strong BuyMaintains$188.00+23.41%2022-05-02Find out why
Wells Fargo
Top 15%
86
Strong BuyMaintains$200.00+31.29%2022-05-02Find out why
BMO Capital
Top 34%
67
BuyMaintains$174.00+14.22%2022-04-25
Anonymous
Goldman Sachs
HoldMaintains$140.00-8.10%2022-04-12
Barclays
Top 32%
69
HoldMaintains$174.00+14.22%2022-04-12Find out why
Morgan Stanley
Top 15%
86
Strong BuyMaintains$192.00+26.03%2022-04-06Find out why
UBS
Bottom 1%
1
HoldDowngrades$147.00-3.51%2022-02-28Find out why
Mizuho
Bottom 19%
19
Strong BuyMaintains$166.00+8.97%2022-02-04
Goldman Sachs
Top 18%
83
HoldInitiates Coverage On$113.00-25.82%2021-12-17

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Forecast return on equity

Is ABBV forecast to generate an efficient return?
Company
140.65%
Industry
123.05%
Market
32.18%
ABBV's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ABBV forecast to generate an efficient return on assets?
Company
15.99%
Industry
17.54%
ABBV is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ABBV earnings per share forecast

What is ABBV's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$14.02+100.57%
Avg 2 year Forecast
$11.86+69.67%
Avg 3 year Forecast
$12.12+73.39%
ABBV's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ABBV revenue forecast

What is ABBV's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$59.6B+5.13%
Avg 2 year Forecast
$56.0B-1.31%
Avg 3 year Forecast
$56.9B+0.33%
ABBV's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ABBV earnings growth forecast

How is ABBV forecast to perform vs Drug Manufacturers - General companies and vs the US market?
Company
18.21%
Industry
13.79%
Market
15.61%
ABBV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ABBV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ABBV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ABBV revenue growth forecast

How is ABBV forecast to perform vs Drug Manufacturers - General companies and vs the US market?
Company
0.11%
Industry
1.73%
Market
9.36%
ABBV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ABBV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ABBV vs General Drug Manufacturer Stocks

TickerPricePrice TargetUp/downsideConsensus
ABBV$152.34$163.73+7.47%Buy
PFE$51.59$57.40+11.26%Buy
MRK$93.13$92.44-0.74%Buy
LLY$325.62$309.86-4.84%Strong Buy
AZN$66.90$75.00+12.11%Hold
View Top General Drug Manufacturer Stocks

ABBVIE Stock Forecast FAQ

Is ABBVIE Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: ABBV) stock is to Buy ABBV stock.

Out of 11 analysts, 5 (45.45%) are recommending ABBV as a Strong Buy, 2 (18.18%) are recommending ABBV as a Buy, 3 (27.27%) are recommending ABBV as a Hold, 1 (9.09%) are recommending ABBV as a Sell, and 0 (0%) are recommending ABBV as a Strong Sell.

What is ABBV's earnings growth forecast for 2022-2024?

(NYSE: ABBV) ABBVIE's forecast annual earnings growth rate of 18.21% is forecast to beat the US Drug Manufacturers - General industry's average forecast earnings growth rate of 13.79%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 15.61%.

ABBVIE's earnings in 2022 is $12,479,000,000.On average, 7 Wall Street analysts forecast ABBV's earnings for 2022 to be $24,774,883,364, with the lowest ABBV earnings forecast at $24,474,474,650, and the highest ABBV earnings forecast at $24,986,936,574. On average, 8 Wall Street analysts forecast ABBV's earnings for 2023 to be $20,957,925,584, with the lowest ABBV earnings forecast at $19,879,988,434, and the highest ABBV earnings forecast at $21,735,454,021.

In 2024, ABBV is forecast to generate $21,417,374,206 in earnings, with the lowest earnings forecast at $19,738,619,627 and the highest earnings forecast at $22,530,653,558.

What is ABBV's revenue growth forecast for 2022-2024?

(NYSE: ABBV) ABBVIE's forecast annual revenue growth rate of 0.11% is not forecast to beat the US Drug Manufacturers - General industry's average forecast revenue growth rate of 1.73%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.36%.

ABBVIE's revenue in 2022 is $56,725,000,000.On average, 5 Wall Street analysts forecast ABBV's revenue for 2022 to be $105,378,234,619,446, with the lowest ABBV revenue forecast at $105,042,678,085,786, and the highest ABBV revenue forecast at $106,148,977,353,248. On average, 5 Wall Street analysts forecast ABBV's revenue for 2023 to be $98,922,023,712,582, with the lowest ABBV revenue forecast at $97,756,529,791,560, and the highest ABBV revenue forecast at $100,559,166,383,198.

In 2024, ABBV is forecast to generate $100,565,704,690,505 in revenue, with the lowest revenue forecast at $98,555,263,549,076 and the highest revenue forecast at $101,899,961,158,674.

What is ABBV's forecast return on assets (ROA) for 2022-2025?

(NYSE: ABBV) forecast ROA is 15.99%, which is lower than the forecast US Drug Manufacturers - General industry average of 17.54%.

What is ABBV's Price Target?

According to 11 Wall Street analysts that have issued a 1 year ABBV price target, the average ABBV price target is $163.73, with the highest ABBV stock price forecast at $200.00 and the lowest ABBV stock price forecast at $113.00.

On average, Wall Street analysts predict that ABBVIE's share price could reach $163.73 by May 23, 2023. The average ABBVIE stock price prediction forecasts a potential upside of 7.47% from the current ABBV share price of $152.34.

What is ABBV's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: ABBV) ABBVIE's current Earnings Per Share (EPS) is $6.99. On average, analysts forecast that ABBV's EPS will be $14.02 for 2022, with the lowest EPS forecast at $13.85, and the highest EPS forecast at $14.14. On average, analysts forecast that ABBV's EPS will be $11.86 for 2023, with the lowest EPS forecast at $11.25, and the highest EPS forecast at $12.30. In 2024, ABBV's EPS is forecast to hit $12.12 (min: $11.17, max: $12.75).

What is ABBV's forecast return on equity (ROE) for 2022-2025?

(NYSE: ABBV) forecast ROE is 140.65%, which is considered strong.
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