AbbVie Stock Target Price and Analyst Consensus

ABBV Stock  USD 171.73  3.97  2.37%   
The current analyst and expert consensus on AbbVie is Strong Buy with 9 buy recommendations. The current projected AbbVie target price consensus is 160.21, with 30 analyst opinions. AbbVie buy-or-sell recommendation module provides average expert sentiment on the projected AbbVie Inc target price to derive its highest and lowest estimates based on target price estimated volatility of 2.0108. Check out Macroaxis Advice on AbbVie to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
145.79
Highest Forecast
177.83
Target Price
160.21
Operating Profit Margin is likely to climb to 0.32 in 2024, whereas Gross Profit is likely to drop slightly above 25.2 B in 2024. At this time, AbbVie's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Current Liabilities is likely to climb to about 28.3 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 7.1 B in 2024.
  
It's important to approach AbbVie's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize AbbVie price targets

AbbVie's stock target price is an estimate of its future price, usually made by analysts. Using AbbVie's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at AbbVie's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if AbbVie's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional AbbVie Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of AbbVie is a key component of AbbVie valuation and have some predictive power on the future returns of a AbbVie.
Hype
Prediction
LowEstimatedHigh
169.72171.73173.74
Details
Intrinsic
Valuation
LowRealHigh
147.58149.59188.90
Details
Naive
Forecast
LowNextHigh
156.79158.80160.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.712.732.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as AbbVie. Your research has to be compared to or analyzed against AbbVie's peers to derive any actionable benefits. When done correctly, AbbVie's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in AbbVie Inc.

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Additional Tools for AbbVie Stock Analysis

When running AbbVie's price analysis, check to measure AbbVie's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AbbVie is operating at the current time. Most of AbbVie's value examination focuses on studying past and present price action to predict the probability of AbbVie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbbVie's price. Additionally, you may evaluate how the addition of AbbVie to your portfolios can decrease your overall portfolio volatility.