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







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…
Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

March 6, 2024 Navigating GBP Forecast: Mistakes To Avoid In Forex Trading

Human error is common in forex trading and often leads to familiar trading issues. These trading mishaps lead to significant novice traders regularly. …

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

Updated: April 16, 2024 (12:03)

Sector: Healthcare

The share price of AbbVie Inc. (ABBV) now

Latest session on the 15th of April for
AbbVie Inc. is negative
Trading Volume: 5433730
Open: 164.52 /  High: 164.7 /  Low: 161.5
What analysts predict: $184.03
52-week High/Low: $182.89 / $127.03

50/200 Day Moving Average: $175.74 / $154.67

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.

Deciphering the Future: A Closer Look at ABBV's Investment Landscape

Trend: Neutral
Apr 14, 2024

For investors eyeing the ABBV stock forecast, current market dynamics present a fascinating puzzle. At the forefront of influencing ABBV’s stock rate are critical events such as Humira's loss of exclusivity (LOE) and the impending wave of biosimilar competition. This pivotal shift is projected to be a game-changer, impacting both sales and profitability. Analysts keen on painting an accurate ABBV stock price prediction must weigh this factor heavily, as it carries significant consequences for AbbVie's fiscal health.

Navigating Through Uncertainty: ABBV's Growth and Challenges

Further enriching the forecast narrative, ABBV's strategic moves—spanning aggressive acquisitions to pipeline developments—add layers of complexity. While on one hand, the FDA’s nod to products like Elahere for ovarian cancer opens new revenue streams, on the other, there’s a looming concern over balance sheet strains from recent buyouts. Also, the US FDA's approval of Simlandi, a directly interchangeable biosimilar for Humira, introduces moderate headwinds that could disrupt sales forecasts for 2024.

For analysts determining whether ABBV is a good stock to buy or sell, these factors offer a rich tapestry of data. By meticulously analyzing the potential impact of biosimilar competition, evaluating pipeline prospects, and assessing the financial ramifications of ABBV's acquisitions strategy, experts can craft more nuanced ABBV stock price targets. If you're in the conundrum of deciding to buy or sell AbbVie stock, understanding these dynamics becomes indispensable. In the dynamic world of pharmaceutical investments, being informed is your safest bet towards making judicious decisions about the ever-evolving ABBV stock price prediction.

Review the original Analysis
About author

The Future of ABBV Stocks: Navigating Through Change

Trend: Bullish
Apr 12, 2024

Investing in ABBV comes with its fair set of challenges and opportunities, especially given the recent shake-ups. The loss of patent protection for Humira has been a cloud over ABBV, with the blockbuster drug previously generating 37% of the company’s revenue in 2022. This event has sparked concerns about an impending decline in revenue and profitability. Yet, analysts and informed investors see a silver lining amidst these challenges.

Turning Tides with Strategic Moves

ABBV’s response to the Humira situation involves pushing its diverse pipeline and bolstering its portfolio through recent acquisitions, such as those of ImmunoGen and Cerevel Therapeutics. These moves not only signal resilience but also pave the way for long-term success. Furthermore, the company’s solid financial performance and robust cash flow generation, despite a downtick in 2023, underline its intrinsic strength.

The attractive dividend yield of 3.67%, coupled with a history of consistent dividend growth, adds another layer of attraction for stockholders. How can these factors guide analysts in forecasting ABBV's stock rates? By closely monitoring ABBV’s pipeline progression and market integration of its acquisitions, analysts can predict how these strategic moves might translate into financial performance and, ultimately, stock valuation. Keeping an eye on dividend policies will also provide insights into the company’s confidence in its future cash flows and profitability.

In essence, while the shadow of Humira looms, ABBV’s aggressive growth strategy and financial health present a compelling case for why the stock rates may offer a brighter picture than initially feared. For investors and analysts alike, the focus should be on how these key factors interplay to shape ABBV’s future.

Review the original Analysis
About author

Unlocking ABBV Stock's Future: An Insightful Forecast

Trend: Strong Bullish
Apr 12, 2024

In the bustling world of pharmaceuticals, AbbVie (ABBV) remains a beacon of innovation and strategic acumen. As analysts and investors alike seek to gauge ABBV's stock forecast, certain pivotal events and factors loom large on the horizon. At the forefront, AbbVie's revenue growth trajectory and diverse product portfolio stand as key drivers poised to influence the company's stock rates significantly.

Navigating Through AbbVie's Financial Landscape

Understanding the nuances of ABBV stock requires delving into the company's strategic acquisitions and product lineup. New immunology drugs, notably Skyrizi and Rinvoq, herald a promising avenue for sales growth—capturing the attention of those pondering whether ABBV is a good stock to buy. Moreover, the valuation of ABBV stock, bolstered by a robust dividend growth potential, presents a compelling argument for marking ABBV as a "buy" on any investor's checklist.

However, no forecast is complete without considering the challenges. AbbVie's leverage and debt maturities, though seemingly ominous, are cushioned by the company's stellar profitability and free cash flow margin, providing a safety net against financial headwinds. Thus, analysts equipped with a comprehensive understanding of these elements can make the most accurate predictions, navigating through the complexities of ABBV stock price prediction with a seasoned eye.

In conclusion, the factors shaping AbbVie's future—ranging from innovative drugs to financial resilience—serve as crucial indicators for forecasting ABBV stock price targets. Whether it's to buy or sell AbbVie stock, these insights lay the groundwork for informed investment decisions, transforming complex analytics into actionable intelligence.

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., %
Apr 18 162.95 160.74 165.23 2.80
Apr 19 164.48 163.60 165.67 1.27
Apr 20 163.69 161.99 164.61 1.62
Apr 21 164.71 163.23 167.05 2.34
Apr 22 167.35 166.68 169.05 1.43
Apr 23 169.89 167.34 171.21 2.31
Apr 24 170.98 169.30 173.64 2.57
Apr 25 172.48 170.24 175.14 2.88
Apr 26 173.41 171.64 175.56 2.28
Apr 27 171.26 170.51 172.77 1.33
Apr 28 170.51 169.69 171.77 1.23
Apr 29 169.35 166.77 170.94 2.50
Apr 30 172.74 172.01 174.50 1.45
May 01 175.46 173.99 176.62 1.51
May 02 178.80 176.80 180.23 1.94
May 03 177.15 176.23 179.24 1.71
May 04 176.59 174.82 178.60 2.16
May 05 179.24 176.83 180.88 2.29
May 06 180.42 177.89 183.02 2.88
May 07 179.37 177.15 181.31 2.35
May 08 179.41 178.26 180.77 1.41
May 09 178.37 177.08 179.44 1.33
May 10 181.83 179.72 184.45 2.63
May 11 183.86 181.73 186.07 2.39
May 12 186.81 184.41 189.01 2.49
May 13 189.57 188.66 191.09 1.29
May 14 188.13 185.42 190.16 2.56
May 15 186.10 184.39 187.29 1.57
May 16 184.35 182.21 185.34 1.72
May 17 183.91 183.06 185.41 1.29

AbbVie Daily Price Targets


AbbVie Stock Forecast 04-18-2024.

Forecast target price for 04-18-2024: $162.95.
Positive dynamics for AbbVie shares will prevail with possible volatility of 2.722%.
Pessimistic target level: 160.74
Optimistic target level: 165.23

AbbVie Stock Forecast 04-19-2024.

Forecast target price for 04-19-2024: $164.48.
Positive dynamics for AbbVie shares will prevail with possible volatility of 1.251%.
Pessimistic target level: 163.60
Optimistic target level: 165.67

AbbVie Stock Forecast 04-20-2024.

Forecast target price for 04-20-2024: $163.69.
Negative dynamics for AbbVie shares will prevail with possible volatility of 1.591%.
Pessimistic target level: 161.99
Optimistic target level: 164.61

AbbVie Stock Forecast 04-21-2024.

Forecast target price for 04-21-2024: $164.71.
Positive dynamics for AbbVie shares will prevail with possible volatility of 2.287%.
Pessimistic target level: 163.23
Optimistic target level: 167.05

AbbVie Stock Forecast 04-22-2024.

Forecast target price for 04-22-2024: $167.35.
Positive dynamics for AbbVie shares will prevail with possible volatility of 1.405%.
Pessimistic target level: 166.68
Optimistic target level: 169.05

AbbVie Stock Forecast 04-23-2024.

Forecast target price for 04-23-2024: $169.89.
Positive dynamics for AbbVie shares will prevail with possible volatility of 2.262%.
Pessimistic target level: 167.34
Optimistic target level: 171.21

ABBV (ABBV) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 167.27 157.64 175.30 10.08
Jun. 161.25 154.67 164.48 5.96
Jul. 167.70 161.66 175.35 7.80
Aug. 158.18 151.97 166.02 8.46
Sep. 159.06 155.24 166.82 6.94
Oct. 170.39 166.43 180.34 7.71
Nov. 176.38 172.15 181.46 5.13
Dec. 171.44 160.61 175.15 8.30

AbbVie forecast for this year


AbbVie Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $167.272. Pessimistic: $157.64. Optimistic: $175.30


AbbVie Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $161.25. Pessimistic: $154.67. Optimistic: $164.48


AbbVie Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $167.7. Pessimistic: $161.66. Optimistic: $175.35


AbbVie Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $158.175. Pessimistic: $151.97. Optimistic: $166.02


AbbVie Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $159.06. Pessimistic: $155.24. Optimistic: $166.82


AbbVie Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $170.386. Pessimistic: $166.43. Optimistic: $180.34


AbbVie Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $176.383. Pessimistic: $172.15. Optimistic: $181.46


AbbVie Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $171.444. Pessimistic: $160.61. Optimistic: $175.15



AbbVie (ABBV) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 177.48 170.10 184.86 7.99
Feb 187.28 177.39 196.27 9.62
Mar 186.83 181.30 197.14 8.04
Apr 190.12 183.42 200.31 8.43
May 200.15 193.43 207.04 6.57
Jun 207.68 203.53 214.99 5.33
Jul 211.33 202.54 220.46 8.13
Aug 208.97 197.27 220.00 10.33
Sep 210.30 203.24 216.70 6.21
Oct 209.30 205.44 221.18 7.12
Nov 223.86 212.40 234.97 9.60
Dec 210.43 202.69 220.03 7.88

AbbVie (ABBV) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 201.84 193.45 214.12 9.65
Feb 204.59 196.90 216.05 8.86
Mar 201.32 189.08 206.31 8.35
Apr 199.71 188.20 207.69 9.38
May 200.35 187.52 207.08 9.44
Jun 201.79 191.94 211.96 9.44
Jul 198.40 195.22 208.56 6.39
Aug 184.91 179.88 192.30 6.46
Sep 180.91 174.83 185.25 5.63
Oct 183.66 180.43 192.18 6.12
Nov 175.14 166.59 185.79 10.33
Dec 179.76 169.84 184.80 8.09

AbbVie (ABBV) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 190.55 184.00 200.46 8.21
Feb 194.97 184.21 205.27 10.26
Mar 205.73 193.22 214.62 9.97
Apr 211.66 200.99 224.70 10.55
May 210.13 203.58 214.84 5.24
Jun 224.76 217.03 232.85 6.80
Jul 225.66 221.51 239.38 7.47
Aug 233.96 226.48 244.82 7.49
Sep 242.39 232.69 257.70 9.71
Oct 243.55 233.03 247.64 5.90
Nov 247.25 234.00 259.51 9.83
Dec 243.29 234.54 254.58 7.87

AbbVie (ABBV) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 233.95 222.91 244.99 9.01
Feb 227.96 215.20 231.79 7.16
Mar 244.01 229.76 251.04 8.48
Apr 260.21 248.35 265.83 6.58
May 281.03 263.27 288.68 8.80
Jun 274.96 257.80 286.40 9.98
Jul 279.14 264.40 286.73 7.79
Aug 288.07 273.55 304.90 10.28
Sep 287.15 271.07 298.87 9.30
Oct 274.98 269.70 281.14 4.07
Nov 259.14 252.50 263.49 4.17
Dec 258.52 242.59 272.37 10.93

AbbVie information and performance

AbbVie Address

1 NORTH WAUKEGAN ROAD, NORTH CHICAGO, IL, US

Market Capitalization: 298 779 476 000 $

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: 26 358 000 000 $

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

PE Ratio: 62.04

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

PEG Ratio: 0.465

Price/earnings to growth

DPS: 5.99

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: 0.0344

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

EPS: 2.72

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

Quarterly Earnings Growth YOY: -0.669
Quarterly Revenue Growth YOY: -0.054
Trailing PE: 62.04

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: 15.13

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

EV To Revenue: 6.39

Enterprise Value (EV) /Revenue

EV To EBITDA: 20.22

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 $5.99 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.