Abbott Laboratories (ABT) Stock Forecast, Price Target & Predictions


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ABT Stock Forecast


Abbott Laboratories stock forecast is as follows: an average price target of $129.50 (represents a 13.74% upside from ABT’s last price of $113.86) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

ABT Price Target


The average price target for Abbott Laboratories (ABT) is $129.50 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $150.00 to $117.49. This represents a potential 13.74% upside from ABT's last price of $113.86.

ABT Analyst Ratings


Buy

According to 14 Wall Street analysts, Abbott Laboratories's rating consensus is 'Buy'. The analyst rating breakdown for ABT stock is 0 'Strong Buy' (0.00%), 11 'Buy' (78.57%), 3 'Hold' (21.43%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Abbott Laboratories Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Matthew TaylorJefferies$120.00$112.226.93%5.39%
Aug 22, 2024Joanne WuenschCitigroup$127.00$111.3914.01%11.54%
Jul 18, 2024Jayson BedfordRaymond James$127.00$104.6821.32%11.54%
Jul 18, 2024Joanna WienschCitigroup$119.00$104.6813.68%4.51%
Jul 02, 2024Vijay KumarEvercore ISI$120.00$103.2016.28%5.39%
Jun 03, 2024Marie ThibaultBTIG$135.00$102.9931.08%18.57%
May 30, 2024David RomanGoldman Sachs$121.00$100.7320.12%6.27%
Apr 22, 2024Matt MiksicBarclays$140.00$107.0730.76%22.96%
Apr 18, 2024Lee HambrightBernstein$133.00$105.2726.34%16.81%
Apr 18, 2024Shagun SinghRBC Capital$125.00$105.9018.04%9.78%
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The latest Abbott Laboratories stock forecast, released on Aug 27, 2024 by Matthew Taylor from Jefferies, set a price target of $120.00, which represents a 6.93% increase from the stock price at the time of the forecast ($112.22), and a 5.39% increase from ABT last price ($113.86).

Abbott Laboratories Price Target by Period


1M3M12M
# Anlaysts2510
Avg Price Target$123.50$122.60$126.70
Last Closing Price$113.86$113.86$113.86
Upside/Downside8.47%7.68%11.28%

In the current month, the average price target of Abbott Laboratories stock is $123.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 8.47% increase as opposed to Abbott Laboratories's last price of $113.86. This month's average price target is up 0.73% compared to last quarter, and down -2.53% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 05, 2024Cowen & Co.BuyBuyHold
Aug 27, 2024JefferiesHoldHoldHold
Aug 22, 2024RBC CapitalBuyBuyHold
Aug 22, 2024Goldman SachsUnderperformUnderperformHold
Aug 21, 2024CitigroupBuyBuyHold
Jul 29, 2024Edward Jones-HoldDowngrade
Jul 18, 2024CitigroupBuyBuyHold
Jul 18, 2024Raymond JamesOutperformOutperformHold
Jul 18, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 18, 2024BarclaysOverweightOverweightHold
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Abbott Laboratories's last stock rating was published by Cowen & Co. on Sep 05, 2024. The company gave ABT a "Buy" rating, the same as its previous rate.

Abbott Laboratories Financial Forecast


Abbott Laboratories Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$10.24B$10.14B$9.98B$9.75B$10.09B$10.41B-$11.89B$11.47B$10.93B$10.22B$10.46B$10.70B$8.85B$7.33B$7.73B$8.31B$8.08B
Avg Forecast$12.57B$12.21B$11.99B$11.47B$11.72B$11.33B$11.15B$10.66B$10.86B$10.53B$10.37B$9.88B$10.19B$9.84B$9.71B$9.67B$9.66B$9.65B$10.33B$11.00B$10.71B$9.56B$9.69B$10.69B$9.94B$8.54B$6.81B$7.44B$8.27B$8.11B
High Forecast$12.72B$12.36B$12.14B$11.60B$11.86B$11.46B$11.28B$10.79B$10.98B$10.55B$10.49B$10.00B$10.37B$9.96B$9.83B$9.78B$9.78B$9.76B$10.33B$11.17B$10.88B$9.72B$9.84B$10.86B$10.09B$8.67B$6.92B$7.56B$8.40B$8.23B
Low Forecast$12.44B$12.08B$11.87B$11.35B$11.59B$11.21B$11.03B$10.55B$10.74B$10.51B$10.26B$9.78B$10.07B$9.74B$9.61B$9.56B$9.56B$9.55B$10.33B$10.88B$10.59B$9.46B$9.58B$10.57B$9.83B$8.45B$6.73B$7.36B$8.18B$8.02B
# Analysts9999555561261011559544865810148810137
Surprise %------------1.01%1.03%1.03%1.01%1.04%1.08%-1.08%1.07%1.14%1.06%0.98%1.08%1.04%1.08%1.04%1.01%1.00%

Abbott Laboratories's average Quarter revenue forecast for Mar 24 based on 10 analysts is $9.88B, with a low forecast of $9.78B, and a high forecast of $10.00B. ABT's average Quarter revenue forecast represents a -3.49% decrease compared to the company's last Quarter revenue of $10.24B (Dec 23).

Abbott Laboratories EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261011559544865810148810137
EBITDA------------$2.66B$2.23B$2.22B$2.11B$1.87B$2.36B-$3.50B$3.34B$3.47B$2.36B$3.11B$3.39B$2.37B$1.49B$1.62B$2.16B$2.02B
Avg Forecast$2.98B$2.90B$2.85B$2.72B$2.78B$2.69B$2.65B$2.53B$2.58B$2.50B$2.46B$3.81B$2.42B$2.34B$2.30B$3.47B$2.29B$2.21B$2.45B$3.15B$3.04B$2.01B$1.98B$2.99B$3.14B$2.18B$954.64M$1.42B$2.16B$2.02B
High Forecast$3.02B$2.93B$2.88B$2.75B$2.81B$2.72B$2.68B$2.56B$2.61B$2.50B$2.49B$4.58B$2.46B$2.36B$2.33B$4.16B$2.32B$2.65B$2.45B$3.78B$3.64B$2.41B$2.38B$3.59B$3.77B$2.62B$1.15B$1.71B$2.59B$2.43B
Low Forecast$2.95B$2.87B$2.82B$2.69B$2.75B$2.66B$2.62B$2.50B$2.55B$2.50B$2.43B$3.05B$2.39B$2.31B$2.28B$2.77B$2.27B$1.77B$2.45B$2.52B$2.43B$1.61B$1.59B$2.39B$2.51B$1.75B$763.71M$1.14B$1.73B$1.62B
Surprise %------------1.10%0.95%0.96%0.61%0.81%1.07%-1.11%1.10%1.73%1.19%1.04%1.08%1.08%1.56%1.14%1.00%1.00%

10 analysts predict ABT's average Quarter EBITDA for Mar 24 to be $3.81B, with a high of $4.58B and a low of $3.05B. This is 43.19% upper than Abbott Laboratories's previous annual EBITDA (Dec 23) of $2.66B.

Abbott Laboratories Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261011559544865810148810137
Net Income------------$1.59B$1.44B$1.38B$1.32B$1.03B$1.44B-$2.45B$1.99B$2.10B$1.19B$1.79B$2.16B$1.23B$537.00M$564.00M$1.05B$960.00M
Avg Forecast$2.71B$2.55B$2.48B$2.22B$2.53B$2.33B$2.22B$1.96B$2.34B$2.10B$1.93B$2.44B$2.08B$1.93B$1.84B$2.22B$1.62B$1.34B$1.97B$2.01B$1.81B$1.22B$1.00B$1.72B$2.00B$1.14B$345.21M$495.93M$1.05B$960.00M
High Forecast$2.75B$2.59B$2.52B$2.26B$2.57B$2.36B$2.25B$1.99B$2.38B$2.14B$1.96B$2.92B$2.12B$1.96B$1.87B$2.66B$1.65B$1.60B$1.97B$2.42B$2.17B$1.46B$1.20B$2.07B$2.40B$1.36B$414.26M$595.12M$1.26B$1.15B
Low Forecast$2.67B$2.52B$2.45B$2.19B$2.49B$2.29B$2.19B$1.93B$2.31B$2.07B$1.91B$1.95B$2.07B$1.90B$1.81B$1.77B$1.60B$1.07B$1.97B$1.61B$1.45B$972.63M$800.51M$1.38B$1.60B$909.78M$276.17M$396.74M$839.20M$768.00M
Surprise %------------0.77%0.75%0.75%0.59%0.64%1.07%-1.21%1.10%1.73%1.19%1.04%1.08%1.08%1.56%1.14%1.00%1.00%

Abbott Laboratories's average Quarter net income forecast for Mar 24 is $2.44B, with a range of $1.95B to $2.92B. ABT's average Quarter net income forecast represents a 52.90% increase compared to the company's last Quarter net income of $1.59B (Dec 23).

Abbott Laboratories SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261011559544865810148810137
SG&A------------$2.70B$2.72B$2.74B$2.76B$2.97B$2.73B-$2.79B$3.05B$2.77B$2.73B$2.78B$2.57B$2.30B$2.28B$2.55B$2.41B$2.44B
Avg Forecast$3.47B$3.37B$3.31B$3.16B$3.23B$3.13B$3.08B$2.94B$3.00B$2.91B$2.86B$2.78B$2.81B$2.72B$2.68B$2.52B$2.67B$1.76B$2.85B$2.29B$2.77B$1.60B$2.29B$2.67B$2.38B$2.12B$1.46B$2.24B$2.41B$2.44B
High Forecast$3.51B$3.41B$3.35B$3.20B$3.27B$3.16B$3.11B$2.98B$3.03B$2.91B$2.90B$3.33B$2.86B$2.75B$2.71B$3.03B$2.70B$2.11B$2.85B$2.75B$3.33B$1.92B$2.75B$3.21B$2.86B$2.55B$1.76B$2.69B$2.90B$2.93B
Low Forecast$3.43B$3.33B$3.27B$3.13B$3.20B$3.09B$3.04B$2.91B$2.96B$2.90B$2.83B$2.22B$2.78B$2.69B$2.65B$2.02B$2.64B$1.41B$2.85B$1.84B$2.22B$1.28B$1.84B$2.14B$1.90B$1.70B$1.17B$1.79B$1.93B$1.95B
Surprise %------------0.96%1.00%1.02%1.09%1.11%1.55%-1.21%1.10%1.73%1.19%1.04%1.08%1.08%1.56%1.14%1.00%1.00%

Abbott Laboratories's average Quarter SG&A projection for Mar 24 is $2.78B, based on 10 Wall Street analysts, with a range of $2.22B to $3.33B. The forecast indicates a 2.66% rise compared to ABT last annual SG&A of $2.70B (Dec 23).

Abbott Laboratories EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts9999555561261011559544865810148810137
EPS------------$0.91$0.83$0.79$0.76$0.59$1.15-$1.40$1.13$1.19$0.67$1.01$1.22$0.70$0.30$0.32$0.60$0.54
Avg Forecast$1.55$1.46$1.42$1.27$1.44$1.33$1.27$1.12$1.34$1.20$1.10$0.95$1.19$1.10$1.05$0.99$0.93$0.94$1.13$1.47$1.21$0.94$1.02$1.27$1.35$0.91$0.42$0.59$0.95$0.84
High Forecast$1.57$1.48$1.44$1.29$1.46$1.35$1.29$1.14$1.36$1.22$1.12$0.97$1.21$1.12$1.07$1.01$0.94$0.96$1.13$1.50$1.23$0.96$1.04$1.30$1.38$0.93$0.43$0.60$0.97$0.86
Low Forecast$1.53$1.44$1.40$1.25$1.42$1.31$1.25$1.10$1.32$1.18$1.09$0.94$1.18$1.09$1.04$0.98$0.91$0.93$1.13$1.44$1.19$0.93$1.00$1.26$1.33$0.90$0.41$0.58$0.93$0.83
Surprise %------------0.76%0.75%0.75%0.77%0.64%1.22%-0.96%0.94%1.26%0.66%0.79%0.90%0.77%0.73%0.54%0.63%0.65%

According to 10 Wall Street analysts, Abbott Laboratories's projected average Quarter EPS for Mar 24 is $0.95, with a low estimate of $0.94 and a high estimate of $0.97. This represents a 4.95% increase compared to ABT previous annual EPS of $0.91 (Dec 23).

Abbott Laboratories Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
BMYBristol-Myers Squibb Company$48.70$65.4334.35%Hold
MDTMedtronic$89.89$106.7718.78%Buy
ABTAbbott Laboratories$113.86$129.5013.74%Buy
JNJJohnson & Johnson$164.38$176.297.25%Buy
ABBVAbbVie$193.40$167.54-13.37%Buy
LLYEli Lilly and Company$902.71$734.40-18.64%Buy

ABT Forecast FAQ


Yes, according to 14 Wall Street analysts, Abbott Laboratories (ABT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 78.57% of ABT's total ratings.

Abbott Laboratories (ABT) average price target is $129.5 with a range of $117.49 to $150, implying a 13.74% from its last price of $113.86. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for ABT stock, the company can go up by 13.74% (from the last price of $113.86 to the average price target of $129.5), up by 31.74% based on the highest stock price target, and up by 3.19% based on the lowest stock price target.

ABT's average twelve months analyst stock price target of $129.5 does not support the claim that Abbott Laboratories can reach $200 in the near future.

2 Wall Street analysts forecast a $123.5 price target for Abbott Laboratories (ABT) this month, up 8.47% from its last price of $113.86. Compared to the last 3 and 12 months, the average price target increased by 7.68% and increased by 11.28%, respectively.

Abbott Laboratories's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $44.86B (high $45.39B, low $44.38B), average EBITDA is $10.65B (high $10.77B, low $10.53B), average net income is $9.03B (high $9.17B, low $8.9B), average SG&A $12.38B (high $12.53B, low $12.25B), and average EPS is $5.16 (high $5.23, low $5.08). ABT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $48.25B (high $48.82B, low $47.74B), average EBITDA is $11.45B (high $11.59B, low $11.33B), average net income is $9.97B (high $10.12B, low $9.83B), average SG&A $13.31B (high $13.47B, low $13.17B), and average EPS is $5.69 (high $5.78, low $5.61).

Based on Abbott Laboratories's last annual report (Dec 2023), the company's revenue was $40.11B, beating the average analysts forecast of $39.4B by 1.79%. Apple's EBITDA was $9.93B, missing the average prediction of $10.52B by -5.62%. The company's net income was $5.72B, missing the average estimation of $8.06B by -29.03%. Apple's SG&A was $10.86B, beating the average forecast of $10.73B by 1.20%. Lastly, the company's EPS was $3.26, missing the average prediction of $4.33 by -24.72%. In terms of the last quarterly report (Dec 2023), Abbott Laboratories's revenue was $10.24B, beating the average analysts' forecast of $10.19B by 0.54%. The company's EBITDA was $2.66B, beating the average prediction of $2.42B by 10.21%. Abbott Laboratories's net income was $1.59B, missing the average estimation of $2.08B by -23.47%. The company's SG&A was $2.7B, missing the average forecast of $2.81B by -3.80%. Lastly, the company's EPS was $0.91, missing the average prediction of $1.19 by -23.50%