AbbVie Future Growth

Future criteria checks 4/6

AbbVie is forecast to grow earnings and revenue by 23.4% and 5.3% per annum respectively. EPS is expected to grow by 23.3% per annum. Return on equity is forecast to be 184% in 3 years.

Key information

23.4%

Earnings growth rate

23.3%

EPS growth rate

Biotechs earnings growth	21.2%
Revenue growth rate	5.3%
Future return on equity	184.0%
Analyst coverage	Good
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

AbbVie Q4 Earnings Preview: Few Clouds On Horizon Thanks To Masterful Management (Rating Upgrade)

Jan 30

AbbVie (NYSE:ABBV) Is Increasing Its Dividend To $1.55

Jan 05

AbbVie: Time To Lock In Gains (Rating Downgrade)

Jan 03

AbbVie Vs. GSK: Dual Dominance In Pharma

Dec 23

AbbVie's (NYSE:ABBV) Upcoming Dividend Will Be Larger Than Last Year's

Dec 12

4.5%-Yielding AbbVie Is One Of My Favorite Value Plays For 2024

Nov 29

AbbVie (NYSE:ABBV) Has Announced That It Will Be Increasing Its Dividend To $1.55

Nov 28

AbbVie Vs. Amgen: How Peter Lynch Picks Dividend Stocks

Nov 21

AbbVie (NYSE:ABBV) Will Pay A Larger Dividend Than Last Year At $1.55

Oct 30

AbbVie Stock Still A Hold Despite Positive Third Quarter 2023 Results

Oct 30

AbbVie Q3 Earnings Preview: Tough Comparison For Humira Shouldn't Derail Growth Plans

Oct 23

AbbVie: Successfully Navigating Humira's Patent Cliff With 4% Yield And 270% DGR Since 2014

Oct 16

Earnings and Revenue Growth Forecasts

NYSE:ABBV - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	61,931	13,165	25,513	25,912	22
12/31/2025	57,779	11,092	23,708	23,772	25
12/31/2024	54,566	9,085	20,490	20,692	25
12/31/2023	54,318	4,820	22,062	22,839	N/A
9/30/2023	55,138	6,471	24,729	25,514	N/A
6/30/2023	56,023	8,635	24,799	25,542	N/A
3/31/2023	56,741	7,542	23,520	24,228	N/A
12/31/2022	58,054	11,782	24,248	24,943	N/A
9/30/2022	57,819	13,343	21,921	22,590	N/A
6/30/2022	57,349	12,569	22,214	22,923	N/A
3/31/2022	56,725	12,407	22,047	22,808	N/A
12/31/2021	56,197	11,468	21,990	22,777	N/A
9/30/2021	55,169	7,465	21,677	22,556	N/A
6/30/2021	53,729	6,599	19,572	20,451	N/A
3/31/2021	50,195	5,092	17,789	18,650	N/A
12/31/2020	45,804	4,556	16,790	17,588	N/A
9/30/2020	40,650	7,324	15,327	16,009	N/A
6/30/2020	36,227	6,906	14,115	14,734	N/A
3/31/2020	34,057	8,395	13,552	14,122	N/A
12/31/2019	33,266	7,842	12,772	13,324	N/A
9/30/2019	32,867	3,232	12,929	13,441	N/A
6/30/2019	32,624	4,093	12,770	13,410	N/A
3/31/2019	32,647	5,333	13,173	13,799	N/A
12/31/2018	32,753	5,657	12,789	13,427	N/A
9/30/2018	32,187	7,531	11,922	12,619	N/A
6/30/2018	30,946	6,419	10,825	11,366	N/A
3/31/2018	29,612	6,352	9,950	10,503	N/A
12/31/2017	28,216	5,283	9,431	9,960	N/A
9/30/2017	27,273	6,615	N/A	8,917	N/A
6/30/2017	26,710	6,582	N/A	7,100	N/A
3/31/2017	26,218	6,278	N/A	7,015	N/A
12/31/2016	25,638	5,923	N/A	7,041	N/A
9/30/2016	25,242	6,048	N/A	7,463	N/A
6/30/2016	24,754	5,690	N/A	8,164	N/A
3/31/2016	23,777	5,448	N/A	8,078	N/A
12/31/2015	22,859	5,118	N/A	7,535	N/A
9/30/2015	21,911	2,790	N/A	4,994	N/A
6/30/2015	20,986	2,064	N/A	4,625	N/A
3/31/2015	20,437	1,802	N/A	4,510	N/A
12/31/2014	19,960	1,765	N/A	3,549	N/A
9/30/2014	19,619	3,686	N/A	5,372	N/A
6/30/2014	19,258	4,144	N/A	5,384	N/A
3/31/2014	19,024	4,114	N/A	5,704	N/A
12/31/2013	18,790	4,102	N/A	6,267	N/A
9/30/2013	18,885	4,540	N/A	5,963	N/A
6/30/2013	18,735	5,161	N/A	6,414	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABBV's forecast earnings growth (23.4% per year) is above the savings rate (2.3%).

Earnings vs Market: ABBV's earnings (23.4% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: ABBV's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ABBV's revenue (5.3% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: ABBV's revenue (5.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ABBV's Return on Equity is forecast to be very high in 3 years time (184%).

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AbbVie Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 13%

Recent updates

AbbVie Announces Positive Top-Line Results from SELECT-GCA Study of Upadacitinib (RINVOQ) Showed Positive Results in Patients with Giant Cell Arteritis

AbbVie: Great To Be Proven Wrong - Still Not A Buy

AbbVie Inc. Announces Late-Breaking Data At Aan Supporting Long-Term Safety and Efficacy of Atogepant (Qulipta®) for Prevention of Migraine

AbbVie: Still Fits Buffett's 10x EBT Rule Well Despite Guidance Revision

AbbVie Inc. to Report Q1, 2024 Results on Apr 26, 2024

Upcoming dividend of US$1.55 per share

AbbVie Inc. (NYSE:ABBV) signed a definitive agreement to acquire Landos Biopharma, Inc. (NasdaqCM:LABP) for approximately $110 million.

AbbVie Inc. (NYSE:ABBV) agreed to acquire Landos Biopharma, Inc. (NasdaqCM:LABP) on March 24, 2024.

AbbVie Announces U.S. Food and Drug Administration Grants Full Approval for ELAHERE® (mirvetuximab soravtansine-gynx) for Certain Ovarian Cancer Patients

Executive VP & Chief Commercial Officer recently sold US$5.9m worth of stock

AbbVie Inc., Annual General Meeting, May 03, 2024

AbbVie: Strong Cash Flow Growth Fuels Dividend Growth

AbbVie and Allergan Aesthetics to Present New Data at 2024 Annual AAD Meeting Showcasing Depth and Strength Across Dermatology and Aesthetics Portfolios

New minor risk - Insider selling

Chairman & CEO recently sold US$25m worth of stock

Genmab A/S and AbbVie Announce U.S. Food and Drug Administration Grants Priority Review for the Supplemental Biologics License Application for Epcoritamab (Epkinly®) for Difficult-To-Treat Relapsed or Refractory Follicular Lymphoma

Executive VP & COO notifies of intention to sell stock

Full year 2023 earnings: EPS misses analyst expectations

AbbVie Inc. Announces Chief Executive Officer Changes

Abbvie, Inc. Appoints Robert A. Michael as Member of the Board of Directors and Richard A. Gonzalez as Executive Chairman of the Board of Directors

Fourth quarter dividend of US$1.55 announced

AbbVie Inc. Declares Quarterly Cash Dividend, Payable on May 15, 2024

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

Consensus EPS estimates fall by 13%

AbbVie's VYALEV™? (foslevodopa/Foscarbidopa Solution) Available for the Treatment of Advanced Parkinson's Disease in Canada

AbbVie: Things Are Getting Clearer

AbbVie Inc. Reports Unaudited Intangible Asset Impairment for the Quarter Ended December 31, 2023

AbbVie Q4 Earnings Preview: Few Clouds On Horizon Thanks To Masterful Management (Rating Upgrade)

AbbVie Inc. Launches Produodopa (Foslevodopa/Foscarbidopa) for People Living with Advanced Parkinson's Disease in the European Union

Abbvie Inc. Announces Phase 2 Results Showing Adults with Moderate to Severe Hidradenitis Suppurativa

AbbVie (NYSE:ABBV) Is Increasing Its Dividend To $1.55

AbbVie Inc. to Report Q4, 2023 Results on Feb 02, 2024

Upcoming dividend of US$1.55 per share at 3.8% yield

AbbVie: Time To Lock In Gains (Rating Downgrade)

AbbVie Vs. GSK: Dual Dominance In Pharma

AbbVie's (NYSE:ABBV) Upcoming Dividend Will Be Larger Than Last Year's

Genmab A/S and AbbVie Announces New Pivotal Data for Bispecific Antibody Epcoritamab (Duobody CD3xCD20) Demonstrates High Overall and Complete Responses in Patients with Hard-To-Treat Relapsed/Refractory Follicular Lymphoma

AbbVie Inc. (NYSE:ABBV) entered into a definitive agreement to acquire Cerevel Therapeutics Holdings, Inc. (NasdaqCM:CERE) for $8.2 billion.

AbbVie Inc. (NYSE:ABBV) entered into a definitive agreement to acquire ImmunoGen, Inc. (NasdaqGS:IMGN) for $8.5 billion.

AbbVie Inc. (NYSE:ABBV) entered into a definitive agreement to acquire ImmunoGen, Inc. (NasdaqGS:IMGN) for $8.4 billion.

AbbVie Inc. Announces Positive Topline Results from Phase 2 Luminosity Trial Evaluating Telisotuzumab-Vedotin (Teliso-V) for Patients with Previously Treated Non-Small Cell Lung Cancer

4.5%-Yielding AbbVie Is One Of My Favorite Value Plays For 2024

AbbVie Announces U.S. Food and Drug Administration and European Medicines Agency Updates for Epcoritamab (EPKINLY®/TEPKINLY®) for the Treatment of Relapsed/Refractory Follicular Lymphoma

AbbVie (NYSE:ABBV) Has Announced That It Will Be Increasing Its Dividend To $1.55

AbbVie Announces U.S. Food and Drug Administration and European Medicines Agency Updates for Epcoritamab (EPKINLY®/TEPKINLY®) for the Treatment of Relapsed/Refractory Follicular Lymphoma

AbbVie Vs. Amgen: How Peter Lynch Picks Dividend Stocks

AbbVie Announces Results Evaluating the Efficacy, Safety, and Tolerability of UBRELVY

AbbVie (NYSE:ABBV) Will Pay A Larger Dividend Than Last Year At $1.55

AbbVie Stock Still A Hold Despite Positive Third Quarter 2023 Results

Abbvie Inc. Declares Quarterly Dividend, Payable on February 15, 2024

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

New minor risk - Profit margin trend

Lupus Therapeutics Partners with AbbVie Inc. on Clinical Trial Recruitment Efforts in SLE Through Lucin Lupus Clinical Trial Network

AbbVie Q3 Earnings Preview: Tough Comparison For Humira Shouldn't Derail Growth Plans

Abbvie Inc. Epkinly™ (Epcoritamab Injection/Epcoritamab for Injection) Receives Health Canada Authorization with Conditions as the First and Only Subcutaneous Bispecific Antibody to Treat Adult Patients with Relapsed or Refractory Diffuse Large B-Cell Lymphoma (Dlbcl)

AbbVie: Successfully Navigating Humira's Patent Cliff With 4% Yield And 270% DGR Since 2014

AbbVie Presents Positive Results from Head-to-Head Phase 3 Sequence Study in Crohn's Disease Meets All Primary and Secondary Endpoints

AbbVie Inc. Announces Director Appointments

AbbVie Inc. Presents Long-Term Data Further Supporting the Efficacy and Safety Profile of RINVOQ (Upadacitinib) in Adults and Adolescents with Moderate to Severe Atopic Dermatitis

AbbVie Inc. (NYSE:ABBV) acquired Mitokinin, Inc. for $655 million.

AbbVie Inc. to Report Q3, 2023 Results on Oct 27, 2023

Upcoming dividend of US$1.48 per share at 4.0% yield

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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