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AbbVie Inc.NYSE:ABBV Stock Report

Market Cap US$402.4b
Share Price
US$227.73
US$253.55
10.2% undervalued intrinsic discount
1Y19.3%
7D2.1%
1D
Portfolio Value
View

AbbVie Inc.

NYSE:ABBV Stock Report

Market Cap: US$402.4b

AbbVie (ABBV) Stock Overview

A research-based biopharmaceutical company, engages in the research and development, manufacturing, commercializing, and sale of medicines and therapies worldwide. More details

ABBV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends4/6

ABBV Community Fair Values

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See what 445 others think this stock is worth. Follow their fair value or set your own to get alerts.

AbbVie Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for AbbVie
Historical stock prices
Current Share PriceUS$227.73
52 Week HighUS$244.81
52 Week LowUS$181.73
Beta0.31
1 Month Change8.24%
3 Month Change3.63%
1 Year Change19.32%
3 Year Change64.26%
5 Year Change98.49%
Change since IPO550.66%

Recent News & Updates

Seeking Alpha Jun 11

AbbVie: Growth-Pharma Profile At A Value-Pharma Price

Summary AbbVie Inc. is rated a 'Buy' on accelerating fundamentals, robust pipeline progress, and a macro backdrop favoring defensive growth. SKYRIZI and RINVOQ are projected to deliver ~$31.8 billion in FY2026E revenue, with neuroscience emerging as a second growth pillar targeting ~$12.6 billion. EPS is expected to surge ~43% to $14.26 in FY2026E, with FCF up 54% and net debt/EBITDA declining to 1.6x. Management expresses confidence in exceeding consensus, supported by strong segment growth, pipeline catalysts, and limited near-term policy risk. Read the full article on Seeking Alpha
Narrative Update Jun 06

ABBV: Future Returns Will Depend On Expanding Immunology And IBD Pipeline Execution

AbbVie’s updated analyst price target edges higher to $253.55 from $249.43 as analysts factor in slightly higher profit margin assumptions, modestly lower revenue growth expectations, a reduced discount rate, and a somewhat lower future P/E multiple, with recent research highlighting the depth of the inflammatory bowel disease pipeline and broader R&D optionality. Analyst Commentary Recent Street research on AbbVie shows a mix of optimism and caution, with multiple price target revisions clustered within a relatively tight range and commentary that keeps attention on the inflammatory bowel disease pipeline and broader R&D portfolio.

Recent updates

Seeking Alpha Jun 11

AbbVie: Growth-Pharma Profile At A Value-Pharma Price

Summary AbbVie Inc. is rated a 'Buy' on accelerating fundamentals, robust pipeline progress, and a macro backdrop favoring defensive growth. SKYRIZI and RINVOQ are projected to deliver ~$31.8 billion in FY2026E revenue, with neuroscience emerging as a second growth pillar targeting ~$12.6 billion. EPS is expected to surge ~43% to $14.26 in FY2026E, with FCF up 54% and net debt/EBITDA declining to 1.6x. Management expresses confidence in exceeding consensus, supported by strong segment growth, pipeline catalysts, and limited near-term policy risk. Read the full article on Seeking Alpha
Narrative Update Jun 06

ABBV: Future Returns Will Depend On Expanding Immunology And IBD Pipeline Execution

AbbVie’s updated analyst price target edges higher to $253.55 from $249.43 as analysts factor in slightly higher profit margin assumptions, modestly lower revenue growth expectations, a reduced discount rate, and a somewhat lower future P/E multiple, with recent research highlighting the depth of the inflammatory bowel disease pipeline and broader R&D optionality. Analyst Commentary Recent Street research on AbbVie shows a mix of optimism and caution, with multiple price target revisions clustered within a relatively tight range and commentary that keeps attention on the inflammatory bowel disease pipeline and broader R&D portfolio.
Analysis Article May 15

We Think You Can Look Beyond AbbVie's (NYSE:ABBV) Lackluster Earnings

The market was pleased with the recent earnings report from AbbVie Inc. ( NYSE:ABBV ), despite the profit numbers being...
Narrative Update Apr 23

ABBV: Future Returns Will Rely On Immunology Expansion And Operating Leverage Execution

Analysts made a small upward adjustment to AbbVie’s fair value estimate to about $249. The modest change reflects a mix of slightly higher assumed discount rates and future P/E multiples, alongside recent shifts in Street price targets, including both raises and trims from firms such as Piper Sandler, Guggenheim, Cantor Fitzgerald, Evercore ISI, Citi and UBS, as well as fresh bullish initiations from Canaccord, RBC Capital and Barclays.
Narrative Update Apr 08

ABBV: Future Returns Will Hinge On Immunology Encore And Operating Leverage Execution

Analysts have made a modest upward adjustment to AbbVie’s price target, reflecting updated views on its immunology pipeline potential, operating leverage, and the ongoing debate about whether recent share underperformance and selloffs adequately reflect competitive risks. Analyst Commentary Recent research on AbbVie highlights a split view, with some analysts focusing on the upside from the immunology pipeline and operating leverage, while others point to valuation and competitive questions after a period of share underperformance.
Narrative Update Mar 24

ABBV: Future Returns Will Hinge On Immunology Encore Outweighing Competitive Concerns

Narrative Update The analyst price target for AbbVie has been adjusted slightly higher to reflect a fair value move to about $249. Analysts point to early stage indication expansion, operating leverage potential, and ongoing immunology pipeline developments, even as some firms flag emerging competition and a more balanced risk and reward profile.
Narrative Update Mar 10

ABBV: Future Returns Will Depend On Immunology Encore And Deal Optionality Uncertainty

The analyst price target for AbbVie edges higher to align with our fair value shift from $248.29 to $248.86, as analysts highlight ongoing indication expansion in immunology, potential operating leverage, and multiple expansion drivers, even as some firms note emerging competition and a more balanced risk and reward profile. Analyst Commentary Recent research on AbbVie reflects a split view, with some analysts pointing to upside tied to immunology growth and pipeline execution, while others flag competition risk and a more balanced risk and reward profile at current levels.
Narrative Update Feb 22

ABBV: Future Returns Will Rely On Immunology Encore And Evolving Deal Optionality

Our updated AbbVie narrative reflects a modest price target increase to about $248 per share, as analysts point to potential operating leverage, room for P/E multiple expansion, and a pipeline of proof-of-concept and immunology programs that could support slightly higher revenue growth assumptions, even as margin expectations are trimmed. Analyst Commentary Recent research shows a mix of optimism and caution around AbbVie, with several firms adjusting price targets and ratings as they reassess execution risks, competitive pressures, and the potential impact of the pipeline on valuation.
Narrative Update Feb 07

ABBV: Future Returns Will Depend On Immunology Pipeline Clarity And M&A Uncertainty

Analysts have trimmed their price targets for AbbVie by a small amount. This reflects slightly lower revenue growth and P/E assumptions, while also incorporating a modestly higher profit margin and recent mixed research views around competition and pipeline visibility.
Narrative Update Jan 24

ABBV: Future Returns Will Hinge On Post-Humira Immunology And Deal Optionality

Analysts have nudged their price target for AbbVie slightly higher to reflect a fair value estimate of about $245 per share, supported by updated assumptions for revenue growth, profit margins, and a modestly lower future P/E. Recent research highlights both increased price targets and more cautious views around competition and the sustainability of outperformance in key immunology drugs.
Narrative Update Jan 09

ABBV: Future Returns Will Depend On Post-Humira Immunology And Pipeline Execution

Analysts have trimmed their AbbVie fair value estimate by about $0.10 per share to roughly $244.56. This reflects a mix of slightly higher risk assumptions, modestly adjusted revenue and margin expectations, and a more balanced set of views after recent downgrades and price target changes that suggest outperformance is already well reflected in the current share price.
Analysis Article Jan 08

AbbVie's (NYSE:ABBV) Dividend Will Be Increased To $1.73

AbbVie Inc. ( NYSE:ABBV ) will increase its dividend from last year's comparable payment on the 17th of February to...
Narrative Update Dec 21

ABBV: Future Returns Will Hinge On Post-Humira Immunology And Pipeline Execution

Analysts have nudged our AbbVie fair value estimate slightly higher, from $243.55 to $244.68. This reflects modestly stronger long term revenue growth expectations for key immunology franchises and pipeline assets, partially offset by slightly lower margin assumptions and a broadly constructive but mixed backdrop of recent price target revisions and rating changes across the Street.
Narrative Update Dec 07

ABBV: Future Performance Will Depend On Extended Exclusivity And Pipeline Execution

Analysts have nudged their average price target on AbbVie modestly higher to reflect a wave of target increases into the mid 240s to low 260s dollar range, supported by stronger visibility into Skyrizi and Rinvoq driven growth, extended Rinvoq exclusivity, and a more favorable large cap biopharma backdrop despite mixed ratings changes. Analyst Commentary Recent research paints a generally constructive picture on AbbVie, with most price target revisions skewing higher even as some firms move to the sidelines.
Analysis Article Dec 02

AbbVie (NYSE:ABBV) Is Increasing Its Dividend To $1.73

The board of AbbVie Inc. ( NYSE:ABBV ) has announced that it will be paying its dividend of $1.73 on the 17th of...
Narrative Update Nov 23

ABBV: Future Performance Will Depend On Pipeline Expansion And Patent Protections

AbbVie’s analyst price target has increased modestly from $241.29 to $243.55. Analysts cite resilient performance in immunology products, extended Rinvoq exclusivity, and improving fundamentals as key drivers of sentiment.
Analysis Article Nov 18

AbbVie's (NYSE:ABBV) Dividend Will Be Increased To $1.73

The board of AbbVie Inc. ( NYSE:ABBV ) has announced that it will be paying its dividend of $1.73 on the 17th of...
Narrative Update Nov 08

ABBV: Future Performance Will Reflect Balance Between Patent Wins and Product Pressures

AbbVie's analyst price target has risen modestly from $237.48 to $241.29. Analysts cite resilient fundamentals and long-term patent settlements, which help offset recent industry downgrades and softer performance in some business units.
Narrative Update Oct 25

Continued Expansion in Neuroscience and Immunology Will Drive Leadership Beyond 2025

AbbVie's analyst price target has been raised from approximately $233 to $237 per share. Analysts cite ongoing revenue growth, improved margins, and extended exclusivity for key products as the main drivers behind the upward revision.
Narrative Update Oct 11

Expanding Immunology And Neuroscience Will Reshape Global Healthcare

AbbVie's analyst price target has increased significantly, rising from $227 to $233 per share. Analysts cite recent positive developments in patent settlements and stronger-than-expected performance across key growth drivers as the main rationales.
Narrative Update Sep 27

Expanding Immunology And Neuroscience Will Reshape Global Healthcare

AbbVie’s consensus price target has been raised from $217.45 to $227.22, as analysts highlight the value added by the extended Rinvoq patent runway, top- and bottom-line beats, pipeline expansion through the Bretisilocin acquisition, and underappreciated royalty streams. Analyst Commentary Bullish analysts cite a substantial extension of Rinvoq’s U.S. patent runway through favorable settlement, delaying generic entry until 2037—4 years beyond prior expectations—and modeling this as adding $11-$24 per share in value.
Narrative Update Sep 12

Expanding Immunology And Neuroscience Will Reshape Global Healthcare

AbbVie's price target was raised to $217.45 as analysts cited the value impact of extended Rinvoq exclusivity from litigation settlement, strong Q2 results, and positive pipeline developments, outweighing near-term Aesthetics headwinds. Analyst Commentary Bullish analysts cite the settlement of litigation regarding generic Rinvoq, extending market exclusivity in the U.S. to 2037 and reducing threats from earlier-than-anticipated generic competition.

Shareholder Returns

ABBVUS BiotechsUS Market
7D2.1%1.7%0.5%
1Y19.3%27.8%23.5%

Return vs Industry: ABBV underperformed the US Biotechs industry which returned 27.8% over the past year.

Return vs Market: ABBV underperformed the US Market which returned 23.5% over the past year.

Price Volatility

Is ABBV's price volatile compared to industry and market?
ABBV volatility
ABBV Average Weekly Movement3.6%
Biotechs Industry Average Movement10.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: ABBV has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ABBV's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201257,000Robert Michaelwww.abbvie.com

AbbVie Inc., a research-based biopharmaceutical company, engages in the research and development, manufacturing, commercializing, and sale of medicines and therapies worldwide. The company offers Skyrizi to treat autoimmune diseases; Rinvoq to treat inflammatory diseases; Imbruvica for the treatment of adult patients with blood cancers; Venclexta to treat blood cancers; Elahere to treat various cancer; and Epkinly to treat lymphoma; and Emrelis for the treatment of lung cancer. It also provides facial injectables, plastics and regenerative medicine, body contouring, and skincare products; botox Cosmetic for the treatment of glabellar lines, crow's feet, forehead lines, and platysma bands; Juvederm Collection to treat volume loss in the temples, undereye, cheeks, chin, lips and lower face; Vraylar to treat schizophrenia, bipolar disorder, and depressive disorder; Duodopa to treat Parkinson's disease; Ubrelvy to treat migraine; Qulipta for episodic and chronic migraine; and Vyalev for the treatment of motor fluctuations, as well as Botox Therapeutic to treat chronic migraine, overactive bladder, spasticity, cervical dystonia, and other conditions.

AbbVie Inc. Fundamentals Summary

How do AbbVie's earnings and revenue compare to its market cap?
ABBV fundamental statistics
Market capUS$402.35b
Earnings (TTM)US$3.60b
Revenue (TTM)US$62.82b
111.9x
P/E Ratio
6.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABBV income statement (TTM)
RevenueUS$62.82b
Cost of RevenueUS$17.57b
Gross ProfitUS$45.25b
Other ExpensesUS$41.65b
EarningsUS$3.60b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.03
Gross Margin72.03%
Net Profit Margin5.72%
Debt/Equity Ratio-1,102.7%

How did ABBV perform over the long term?

See historical performance and comparison

Dividends

3.0%
Current Dividend Yield
332%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 16:08
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AbbVie Inc. is covered by 51 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ToungArgus Research Company
Emily FieldBarclays
Luisa HectorBerenberg