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Pfizer (PFE) stock forecast for 2024
Updated: March 27, 2024 (09:40)
Sector: HealthcareThe share price of Pfizer Inc. (PFE) now
50/200 Day Moving Average: $27.5 / $31.78
This figure corresponds to the Average Price over the previous 50/200 days. For Pfizer stocks, the 50-day moving average is the resistance level today.
For Pfizer stocks, the 200-day moving average is the resistance level today.
Are you interested in Pfizer 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 Pfizer stock price in 2024. How much will one Pfizer share be worth in 2024? Is it worth taking profit / loss on PFE stock now or waiting? What are analysts' forecasts for Pfizer stock?
We forecast Pfizer stock performance using neural networks based on historical data on PFE stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Pfizer Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Pfizer analysts is $29.78. Today 200 Day Moving Average is the resistance level (31.78 $). 50 Day Moving Average is the resistance level (27.5 $).
Historical and forecast chart of Pfizer Inc. stock
The chart below shows the historical price of Pfizer stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the PFE stock price can be found in the table below.
Sell or Buy Pfizer (PFE) stocks? Analytic Experts Forecasting...
The Surge Ahead: Unpacking Pfizer’s (PFE) Stock Forecast for 2024
Pfizer Inc. (NYSE: PFE), a stalwart in the pharmaceutical industry, has recently had investors and market analysts closely monitoring its stock trajectory, especially looking towards 2024. Steering through the volatile waves of the stock market, PFE has shown a resilience that beckons a deep dive into its potential stock forecast. But, how accurately can the PFE stocks be predicted?
Given Pfizer’s impressive product pipeline and strategic advancements, forecasts suggest a promising horizon. Despite facing a decline in sales of COVID-19 drugs, Pfizer’s operating sales grew by 7% in 2023. This growth is attributed to new product launches and continuous product development, hinting at a robust foundation as we edge closer to 2024.
2024: A Year of Transformation and Growth for PFE Stocks
Several factors are poised to shape the trajectory of PFE stocks in 2024. Most notably, the anticipated growth in EPS and the rise in EBITDA margins paint a picture of growth potential, with conservative estimates pointing towards a 20.8% growth by the end of 2024. This signals a vibrant PFE stock forecast, urging investors to consider PFE as a long-term portfolio addition today, especially at the current dividend yield of 6.19%.
Moreover, the acquisition of Seagen, a leader in ADC (antibody-drug conjugate) technology, through the COVID-generated revenue underscores Pfizer’s strategic positioning in the highly competitive pharmaceutical landscape. This “free” acquisition further enhances Pfizer’s diversified pipeline, set to compensate for any drugs facing a patent cliff.
In essence, while predicting stock rates holds inherent uncertainties, the strategic initiatives, diversified pipeline, and financial health of Pfizer suggest a bullish PFE stock price forecast for 2024. Investors wondering if PFE stock is a buy or sell, or speculating will PFE stock go up, can find confidence in the company’s solid footing amidst evolving healthcare challenges. The journey ahead for PFE in 2024 is certainly one to watch, making PFE a compelling consideration for those looking to future-proof their investment portfolio.
Pfizer (PFE) Forecast for 2024
Month | Target | Pes. | Opt. | Vol., % |
---|---|---|---|---|
Apr | 29.97 | 29.41 | 30.70 | 4.22 % |
May | 32.37 | 30.86 | 34.41 | 10.33 % |
Jun | 32.37 | 30.98 | 33.54 | 7.64 % |
Jul | 31.59 | 29.43 | 33.12 | 11.16 % |
Aug | 31.96 | 30.00 | 34.26 | 12.43 % |
Sep | 33.74 | 31.68 | 35.35 | 10.39 % |
Oct | 35.71 | 33.37 | 36.87 | 9.50 % |
Nov | 34.75 | 32.37 | 35.38 | 8.49 % |
Dec | 35.97 | 33.83 | 37.78 | 10.45 % |
Pfizer information and performance
235 E 42ND ST, NEW YORK, NY, US
Market capitalization of the Pfizer Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of PFE shares in the company outstanding by the market price of one share.
EBITDA of Pfizer is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
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.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
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 P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Pfizer price target for 2024 by month
Target values for the price of one Pfizer share for Apr 2024.
In Apr, the Positive dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 4.217% volatility is expected.
Pessimistic target level: 29.41
Optimistic target level: 30.70
Target values for the price of one Pfizer share for May 2024.
In May, the Positive dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 10.329% volatility is expected.
Pessimistic target level: 30.86
Optimistic target level: 34.41
Target values for the price of one Pfizer share for Jun 2024.
In Jun, the Negative dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 7.645% volatility is expected.
Pessimistic target level: 30.98
Optimistic target level: 33.54
Target values for the price of one Pfizer share for Jul 2024.
In Jul, the Negative dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 11.157% volatility is expected.
Pessimistic target level: 29.43
Optimistic target level: 33.12
Target values for the price of one Pfizer share for Aug 2024.
In Aug, the Positive dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 12.426% volatility is expected.
Pessimistic target level: 30.00
Optimistic target level: 34.26
Target values for the price of one Pfizer share for Sep 2024.
In Sep, the Positive dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 10.394% volatility is expected.
Pessimistic target level: 31.68
Optimistic target level: 35.35
Target values for the price of one Pfizer share for Oct 2024.
In Oct, the Positive dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 9.502% volatility is expected.
Pessimistic target level: 33.37
Optimistic target level: 36.87
Target values for the price of one Pfizer share for Nov 2024.
In Nov, the Negative dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 8.487% volatility is expected.
Pessimistic target level: 32.37
Optimistic target level: 35.38
Target values for the price of one Pfizer share for Dec 2024.
In Dec, the Positive dynamics for Pfizer Inc. shares will prevail with possible monthly volatility of 10.453% volatility is expected.
Pessimistic target level: 33.83
Optimistic target level: 37.78
Pfizer (PFE) stock dividend
Pfizer last paid dividends on 01/25/2024. The next scheduled payment will be on 03/01/2024. The amount of dividends is $1.64 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 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.
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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.