AbbVie (NYSE:ABBV) Releases FY 2026 Earnings Guidance

AbbVie (NYSE:ABBVGet Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 14.370-14.570 for the period, compared to the consensus estimate of 14.260. The company issued revenue guidance of -, compared to the consensus revenue estimate of $67.1 billion.

Wall Street Analyst Weigh In

ABBV has been the subject of a number of recent analyst reports. Guggenheim increased their price target on AbbVie from $227.00 to $242.00 and gave the company a “buy” rating in a research report on Monday, October 20th. UBS Group reiterated a “neutral” rating on shares of AbbVie in a report on Tuesday, January 13th. Hsbc Global Res raised shares of AbbVie from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 10th. DZ Bank lowered shares of AbbVie from a “buy” rating to a “hold” rating and set a $237.00 price target on the stock. in a report on Tuesday, November 4th. Finally, Wall Street Zen lowered shares of AbbVie from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $251.17.

Read Our Latest Stock Analysis on ABBV

AbbVie Stock Performance

Shares of NYSE ABBV traded down $15.54 during mid-day trading on Wednesday, reaching $210.12. The company had a trading volume of 4,163,092 shares, compared to its average volume of 7,063,181. The company has a market capitalization of $371.37 billion, a price-to-earnings ratio of 159.92, a PEG ratio of 0.93 and a beta of 0.35. The stock has a fifty day moving average of $224.20 and a two-hundred day moving average of $219.16. AbbVie has a 12-month low of $164.39 and a 12-month high of $244.81.

AbbVie (NYSE:ABBVGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $2.71 earnings per share for the quarter, missing the consensus estimate of $3.37 by ($0.66). AbbVie had a net margin of 4.00% and a return on equity of 3,216.47%. During the same quarter last year, the business posted $2.16 earnings per share. The business’s quarterly revenue was up 10.0% on a year-over-year basis. AbbVie has set its FY 2026 guidance at 14.370-14.570 EPS. Sell-side analysts forecast that AbbVie will post 12.31 earnings per share for the current fiscal year.

Trending Headlines about AbbVie

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Institutional Investors Weigh In On AbbVie

Several institutional investors have recently made changes to their positions in ABBV. Paces Ferry Wealth Advisors LLC increased its holdings in AbbVie by 3.0% in the third quarter. Paces Ferry Wealth Advisors LLC now owns 2,303 shares of the company’s stock worth $533,000 after buying an additional 67 shares during the last quarter. Brogan Financial Inc. lifted its stake in AbbVie by 2.5% in the third quarter. Brogan Financial Inc. now owns 3,090 shares of the company’s stock valued at $715,000 after acquiring an additional 74 shares during the last quarter. Rakuten Securities Inc. grew its position in AbbVie by 26.5% in the second quarter. Rakuten Securities Inc. now owns 368 shares of the company’s stock worth $68,000 after acquiring an additional 77 shares in the last quarter. Yukon Wealth Management Inc. increased its stake in shares of AbbVie by 4.8% during the 3rd quarter. Yukon Wealth Management Inc. now owns 1,693 shares of the company’s stock worth $392,000 after purchasing an additional 77 shares during the last quarter. Finally, Parvin Asset Management LLC increased its stake in shares of AbbVie by 2.4% during the 3rd quarter. Parvin Asset Management LLC now owns 4,862 shares of the company’s stock worth $1,126,000 after purchasing an additional 112 shares during the last quarter. 70.23% of the stock is currently owned by institutional investors and hedge funds.

AbbVie Company Profile

(Get Free Report)

AbbVie is a global, research-driven biopharmaceutical company that was created as a spin-off from Abbott Laboratories in 2013 and is headquartered in North Chicago, Illinois. The company focuses on discovering, developing and commercializing therapies for complex and often chronic medical conditions. Its operations span research and development, manufacturing, regulatory affairs and commercialization, with an emphasis on bringing specialty medicines to market across multiple therapeutic areas.

AbbVie’s product portfolio and pipeline cover several major therapeutic categories, including immunology, oncology, neuroscience, virology and women’s health.

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Earnings History and Estimates for AbbVie (NYSE:ABBV)

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