AbbVie (ABBV) Stock Forecast for 2024–2028. Sell or Buy Prediction







Maximizing Profits: When is the Right Time to Sell Your Business?

April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?

Selling a business can be a momentous decision filled with many considerations and uncertainties. As an entrepreneur, this also symbolizes your years of…
Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…
How ZIM Integrated Container Tracking is Revolutionizing Global Trade

April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade

Have you ever wondered how your online shopping packages get to you? A big part of the answer is ZIM Integrated Container Tracking.…
6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…

AbbVie (ABBV) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 3, 2024 (19:22)

Sector: Healthcare

The share price of AbbVie Inc. (ABBV) now

Latest session on the 3rd of May for
AbbVie Inc. is positive
Trading Volume: 5497214
Open: 161.16 /  High: 164.25 /  Low: 160.74
What analysts predict: $183.53
52-week High/Low: $181.2 / $125.85

50/200 Day Moving Average: $173.32 / $157.34

This figure corresponds to the Average Price over the previous 50/200 days. For AbbVie stocks, the 50-day moving average is the resistance level today.

For AbbVie stocks, the 200-day moving average is the support level today.

Are you interested in AbbVie Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the AbbVie stock price in 2024, 2025, 2026, 2027, 2028. How much will one AbbVie share be worth in 2024 - 2028?

When should I take profit in AbbVie stock? When should I record a loss on AbbVie stock? What are analysts' forecasts for AbbVie stock? What is the future of AbbVie stock? We forecast AbbVie stock performance using neural networks based on historical data on AbbVie stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

AbbVie stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for AbbVie shares. This happens once a day.


Historical and forecast chart of AbbVie stock

The chart below shows the historical price of AbbVie stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the AbbVie stock price can be found in the table below.

Long-term forecasts by years.

The Tides of Change: Predicting ABBV's Stock Trajectory Amidst Shifting Sands

Trend: Bullish
Apr 29, 2024

In the dynamic world of pharmaceuticals, AbbVie (ABBV) stands at a pivotal crossroads, with various forces pulling its stock rates in diverse directions. For investors pondering over ABBV stock forecast, understanding these influencing factors is not just beneficial; it's essential. The near future for ABBV’s stocks seems to be shaped majorly by the erosion of Humira's exclusivity, outstanding performance of growth products like Rinvoq and Skyrizi, strategic acquisitions including ImmunoGen and the anticipated Cerevel Therapeutics, and significant pipeline progress.

Navigating the Future with a Clear Lens

To make the most accurate ABBV stock price prediction, analysts are closely watching these developments. The decline of Humira, once AbbVie’s flagship, has been a lingering concern, but its effect is somewhat mitigated by the company's adept management and the rise of other growth drivers. This scenario presents a nuanced perspective for anyone questioning, "Is ABBV a good stock to buy?"

The performance of growth products and pipeline developments stand out as the primary factors that could sway ABBV’s stock price target upwards. These elements not only highlight AbbVie's resilience but also its ability to innovate and adapt. Meanwhile, strategic acquisitions are viewed as a critical lever for long-term growth, hinting at a potentially positive forecast for those holding or considering ABBV stock as a buy or sell option.

Essentially, the accurate prediction of ABBV stock rates leans heavily on analyzing these intertwined factors. For investors, the confluence of the erosion of Humira with the promising horizons opened by Rinvoq, Skyrizi, and the acquisitions, paints a complex yet optimistic picture of ABBV’s future. It underscores the importance of looking beyond immediate challenges to the opportunities they herald, making the AbbVie stock forecast a compelling narrative of transformation and growth.

  • Erosion of Humira
  • Performance of growth products
  • Strategic acquisitions
  • Pipeline progress
Review the original Analysis
About author

Unlocking the Future of AbbVie Stocks: A Surge in Potential

Trend: Bullish
Apr 29, 2024

When peering into the future of AbbVie's (ABBV) stock rates, analysts are zeroing in on a trio of pivotal factors that promise to shape the trajectory of this pharmaceutical giant's value. At the forefront, the sales and growth potential of key pharmaceutical products such as Rinvoq and Skyrizi are generating buzz, especially as they stand poised to counterbalance the anticipated decline in Humira's revenue due to biosimilar competition. This shift hints at a dynamic landscape where ABBV's stock forecast could see significant fluctuations influenced by the performance of these rising stars.

Peering Through the Pharmaceutical Pipeline: A Future Full of Promise

The pipeline of experimental drugs, including the much-anticipated Epkinly, embodies a treasure trove of potential for AbbVie. Analysts are especially tuned into how approvals and market introductions of such drugs could bolster ABBV's portfolio, making the ABBV stock price prediction an engaging endeavor. This aspect is deemed crucial for understanding which way the wind blows regarding ABBV's stock price target. However, not all that glitters is gold. Financial risks, notably the accelerated market share decline of Humira and an uptick in the company's debt load due to ambitious acquisitions, cast shadows of concern. These variables introduce a layer of complexity to the question of whether ABBV is a good stock to buy now.

For any investor asking "Is ABBV a good stock to buy?" or seeking an AbbVie stock forecast, the narrative is nuanced. A keen analyst will weigh these factors in their ABBV stock forecast, using them as benchmarks for crafting an informed AbbVie stock price prediction. The interplay between emerging product success, pipeline developments, and financial health will delineate the roadmap for buy or sell AbbVie stock decisions. In essence, understanding these dynamics offers a fascinating glimpse into AbbVie's financial future, making the endeavor of forecasting ABBV's stock rate both a challenge and an opportunity for predictive precision.

Review the original Analysis
About author

Rising Stars and Falling Titans: Navigating the Shifts in ABBV's Stock Trajectory

Trend: Neutral
Apr 26, 2024

AbbVie's (ABBV) stock forecast appears to be at a critical juncture, with several key factors poised to shape its trajectory in the near future. Analysts and investors closely monitor the performance of next-generation drugs Rinvoq and Skyrizi, whose burgeoning sales are vital in offsetting the declining revenue from the once-blockbuster Humira. This transition heralds a new era for AbbVie, potentially redefining the ABBV stock forecast as these drugs become larger revenue contributors. However, the decline in Humira sales, exacerbated by loss of patent protection and competition from biosimilars, notably impacts the ABBV stock buy or sell debate. The market's response to these dynamics offers fertile ground for analysts to predict future stock movements.

Deciphering AbbVie's Financial Health

Further complicating the AbbVie stock forecast is the company's financial health. Despite beating profit estimates, an earnings per share decrease signals potential challenges. Coupled with a valuation that stands high compared to peers—trading at 15x net profits—investors question whether the current ABBV stock price prediction justifies such premiums. Yet, for dividend hunters, the company's history of dividend growth remains attractive, even if the current yield does not shout 'buy'.

As we navigate this complex landscape, understanding these elements—next-generation drug performance, competition impacts, financial health, and valuation—becomes crucial for making AbbVie stock forecast and determining whether ABBV is a good stock to buy. The ABBV stock price target and decision to buy or sell AbbVie stock hinge on accurately interpreting these evolving narratives.

Review the original Analysis
About author

Under the leadership of Richard Gonzalez, AbbVie’s management has raised their financial projection for 2023, particularly in regards to the adjusted diluted EPS. Initially anticipated to be in the range of $10.86–$11.06, it has been revised to a ballpark estimate of $11.19–$11.23.

Additionally, the company increased its quarterly cash dividend by 4.7%, raising it to a significant amount of $1.55.

Its primary products, Skyrizi (risankizumab) and Rinvoq (upadacitinib), continue to thrive with sales reaching an impressive $3.24 billion in Q3 of 2023 alone—a steep 55% surge compared to the earnings from the same period last year.

AbbVie’s strong Q3 financials have been instrumental in shifting our risk vs. reward sweet spot upwards—from $124 per share to around the $133–$134.5 range. Going forward, our stance remains at “hold” for AbbVie’s stock for approximately another year.

AbbVie, traded under ABBV on the NYSE and based in North Chicago, is one of the leading players in today’s global pharmaceutical industry. As we predicted earlier, since our last discussion on this subject matter, AbbVie’s share prices have seen further reduction. We attribute this upward revision from $124 per share to around $133–$134.5 primarily due to AbbVie’s healthy Q3 results.

Moreover, what strongly argues in favor of this revision is the company’s decision to raise its fiscal guidance for 2023’s adjusted diluted EPS—originally projected at $10.86–$11.06—now expected to fall within the range of $11.19–$11.23.

The company’s neuroscience division, in particular Qulipta (atogepant), put forth a strong performance that is largely responsible for this upward revision.

Approved for both episodic and chronic migraine prevention, the drug—dependent greatly on its anti-CGRP receptor mode of action and oral intake—saw an astounding 112.9% rise year-over-year in sales in Q3 2023, hitting $132 million.

AbbVie Inc. (NYSE:ABBV), an American drugmaker known for its innovative research and product development, recently announced a quarterly dividend of $1.48 per share on September 8. This tracks evenly with the company’s past dividend distribution and continues to position it as one of the brightest stars in our constellation of ‘dividend kings’. With a history of increasing dividends consistently over the last half-century, it boasts an attractively steady return for investors. As of September 23, AbbVie stock had a dividend yield of 3.88%.

In more recent news, as Q2 2023 draws to a close, investment management coming out of hedge funds seems slightly less bullish – numbering at 74 according to Insider Monkey’s tracking – compared to the previous quarter’s count of 75. Despite this marginal drop, however, the value contained within these stakes can’t be ignored – totalling over a whopping $2.37 billion.

Official site of the company

AbbVie daily forecast for a month

Date Target Pes. Opt. Vol., %
May 05 162.95 160.86 164.90 2.51
May 06 161.51 160.80 163.87 1.91
May 07 161.25 160.54 162.48 1.21
May 08 160.29 159.61 162.85 2.03
May 09 161.54 160.66 163.18 1.57
May 10 163.57 162.65 165.86 1.97
May 11 162.29 160.96 164.44 2.16
May 12 160.70 158.65 162.38 2.35
May 13 158.55 156.14 159.76 2.32
May 14 158.84 156.52 159.50 1.91
May 15 156.23 154.48 157.67 2.06
May 16 155.36 153.46 156.35 1.88
May 17 156.20 153.85 158.35 2.92
May 18 157.01 154.53 159.02 2.91
May 19 156.19 153.79 157.72 2.56
May 20 157.57 155.64 160.09 2.85
May 21 159.65 158.43 160.51 1.31
May 22 162.46 160.70 164.60 2.43
May 23 159.50 158.25 161.73 2.20
May 24 160.42 159.27 161.35 1.31
May 25 161.68 159.31 162.52 2.01
May 26 160.38 159.10 162.92 2.40
May 27 160.80 159.03 161.67 1.66
May 28 162.92 160.84 164.75 2.43
May 29 163.61 161.87 166.22 2.69
May 30 162.26 160.09 163.43 2.09
May 31 162.17 160.09 162.85 1.72
Jun 01 160.09 158.04 161.88 2.43
Jun 02 157.15 155.26 158.94 2.37
Jun 03 157.90 155.97 159.35 2.17

AbbVie Daily Price Targets


AbbVie Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $162.95.
Positive dynamics for AbbVie shares will prevail with possible volatility of 2.451%.
Pessimistic target level: 160.86
Optimistic target level: 164.90

AbbVie Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $161.51.
Negative dynamics for AbbVie shares will prevail with possible volatility of 1.873%.
Pessimistic target level: 160.80
Optimistic target level: 163.87

AbbVie Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $161.25.
Negative dynamics for AbbVie shares will prevail with possible volatility of 1.191%.
Pessimistic target level: 160.54
Optimistic target level: 162.48

AbbVie Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $160.29.
Negative dynamics for AbbVie shares will prevail with possible volatility of 1.988%.
Pessimistic target level: 159.61
Optimistic target level: 162.85

AbbVie Stock Forecast 05-09-2024.

Forecast target price for 05-09-2024: $161.54.
Positive dynamics for AbbVie shares will prevail with possible volatility of 1.544%.
Pessimistic target level: 160.66
Optimistic target level: 163.18

AbbVie Stock Forecast 05-10-2024.

Forecast target price for 05-10-2024: $163.57.
Positive dynamics for AbbVie shares will prevail with possible volatility of 1.933%.
Pessimistic target level: 162.65
Optimistic target level: 165.86

ABBV (ABBV) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 155.06 146.00 163.87 10.90
Jul. 160.77 156.39 169.38 7.67
Aug. 161.41 158.57 170.58 7.04
Sep. 154.69 151.72 159.03 4.59
Oct. 155.93 153.06 163.79 6.55
Nov. 158.80 155.88 161.72 3.61
Dec. 161.72 151.37 168.19 10.00

AbbVie forecast for this year


AbbVie Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $155.059. Pessimistic: $146.00. Optimistic: $163.87


AbbVie Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $160.766. Pessimistic: $156.39. Optimistic: $169.38


AbbVie Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $161.409. Pessimistic: $158.57. Optimistic: $170.58


AbbVie Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $154.694. Pessimistic: $151.72. Optimistic: $159.03


AbbVie Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $155.932. Pessimistic: $153.06. Optimistic: $163.79


AbbVie Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $158.801. Pessimistic: $155.88. Optimistic: $161.72


AbbVie Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $161.723. Pessimistic: $151.37. Optimistic: $168.19



AbbVie (ABBV) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 167.16 159.94 175.18 8.70
Feb 165.69 158.53 171.65 7.64
Mar 176.69 173.44 180.65 3.99
Apr 169.76 165.28 172.48 4.17
May 171.66 165.21 181.96 9.21
Jun 173.86 168.16 182.76 7.99
Jul 176.50 166.05 186.53 10.98
Aug 173.96 169.93 183.15 7.22
Sep 185.51 180.17 189.96 5.16
Oct 186.40 180.89 192.96 6.26
Nov 194.31 183.42 202.54 9.44
Dec 190.11 183.57 199.39 7.93

AbbVie (ABBV) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 191.78 186.11 200.83 7.33
Feb 196.54 186.00 204.24 8.93
Mar 202.20 196.70 209.80 6.25
Apr 190.39 183.23 195.42 6.24
May 193.44 186.16 202.10 7.89
Jun 186.94 181.70 196.06 7.32
Jul 201.59 192.24 214.17 10.24
Aug 195.14 187.80 201.85 6.96
Sep 193.89 182.72 201.65 9.38
Oct 199.63 190.85 210.65 9.40
Nov 190.69 184.74 201.82 8.47
Dec 187.94 183.28 195.76 6.37

AbbVie (ABBV) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 180.42 174.65 185.91 6.06
Feb 177.39 174.13 188.04 7.40
Mar 185.48 180.73 189.79 4.77
Apr 197.06 186.18 201.31 7.52
May 207.78 195.81 211.43 7.39
Jun 208.11 203.28 216.27 6.00
Jul 218.10 211.64 231.18 8.45
Aug 219.67 215.45 228.10 5.55
Sep 215.98 204.92 220.82 7.20
Oct 203.71 194.91 207.79 6.20
Nov 209.74 202.69 221.99 8.69
Dec 216.62 203.28 230.14 11.67

AbbVie (ABBV) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 229.10 220.85 243.58 9.33
Feb 245.23 240.52 258.76 7.05
Mar 236.99 229.78 251.58 8.67
Apr 227.70 216.22 239.54 9.73
May 225.87 221.90 232.02 4.36
Jun 241.23 234.48 248.18 5.52
Jul 244.52 240.60 252.54 4.73
Aug 235.13 228.35 249.42 8.45
Sep 238.32 225.93 245.00 7.78
Oct 245.95 236.11 258.94 8.81
Nov 228.64 221.87 237.23 6.48
Dec 211.99 204.19 220.13 7.24

AbbVie information and performance

AbbVie Address

1 NORTH WAUKEGAN ROAD, NORTH CHICAGO, IL, US

Market Capitalization: 284 738 224 000 $

Market capitalization of the AbbVie Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of ABBV shares in the company outstanding by the market price of one share.

EBITDA: 26 165 500 000 $

EBITDA of AbbVie is earnings before interest, income tax and depreciation of assets.

PE Ratio: 47.86

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.449

Price/earnings to growth

DPS: 6.06

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0386

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.36

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 4.978
Quarterly Revenue Growth YOY: 0.007
Trailing PE: 47.86

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 14.58

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 6.15

Enterprise Value (EV) /Revenue

EV To EBITDA: 19.45

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1770650000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

AbbVie (ABBV) stock dividend

AbbVie last paid dividends on 04/12/2024. The next scheduled payment will be on 05/15/2024. The amount of dividends is $6.06 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




Related stocks from Healthcare sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.