Alkermes (ALKS) Stock Forecast, Price Target & Predictions
ALKS Stock Forecast
Alkermes stock forecast is as follows: an average price target of $35.50 (represents a 28.34% upside from ALKS’s last price of $27.66) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
ALKS Price Target
ALKS Analyst Ratings
Alkermes Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Apr 10, 2024 | Akash Tewari | Jefferies | $50.00 | $26.73 | 87.06% | 80.77% |
Apr 09, 2024 | Vamil Divan | Mizuho Securities | $35.00 | $26.73 | 30.94% | 26.54% |
Apr 09, 2024 | Akash Tewari | Jefferies | $25.00 | $26.95 | -7.24% | -9.62% |
Mar 18, 2024 | Joel Beatty | Robert W. Baird | $37.00 | $27.53 | 34.40% | 33.77% |
Dec 06, 2022 | - | J.P. Morgan | $29.00 | $25.00 | 15.98% | 4.84% |
Apr 28, 2022 | - | Leerink Partners | $27.00 | $30.38 | -11.13% | -2.39% |
Apr 21, 2022 | - | Leerink Partners | $25.00 | $29.40 | -14.97% | -9.62% |
Apr 20, 2022 | - | Goldman Sachs | $35.00 | $28.48 | 22.89% | 26.54% |
Alkermes Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 4 |
Avg Price Target | - | - | $36.75 |
Last Closing Price | $27.66 | $27.66 | $27.66 |
Upside/Downside | -100.00% | -100.00% | 32.86% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jul 25, 2024 | H.C. Wainwright | Neutral | Neutral | Hold |
Jul 15, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Jul 15, 2024 | Cowen & Co. | Underperform | Underperform | Hold |
Jun 17, 2024 | Piper Sandler | Buy | Buy | Hold |
Jun 17, 2024 | Cowen & Co. | - | Buy | Initialise |
Jun 04, 2024 | Jefferies | Buy | Buy | Hold |
May 23, 2024 | Piper Sandler | Buy | Buy | Hold |
May 23, 2024 | Jefferies | Underperform | Underperform | Hold |
May 22, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
May 02, 2024 | UBS | Buy | Buy | Hold |
Alkermes Financial Forecast
Alkermes Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $377.48M | - | $617.40M | $287.60M | $304.67M | $252.36M | $276.22M | $278.55M | $324.46M | $294.14M | $303.72M | $251.43M | $280.00M | $265.01M | $247.53M | $246.22M | $412.73M | $255.24M | $279.87M | $223.10M | $225.15M | $191.78M |
Avg Forecast | $408.60M | $390.40M | $385.00M | $359.80M | $380.29M | $386.04M | $393.30M | $360.26M | $362.22M | $362.31M | $458.07M | $283.41M | $289.76M | $271.41M | $268.97M | $256.02M | $306.55M | $301.38M | $275.94M | $235.23M | $268.63M | $238.39M | $232.70M | $228.27M | $404.45M | $252.65M | $252.45M | $216.79M | $175.16M | $95.90M |
High Forecast | $424.09M | $405.20M | $399.60M | $373.44M | $394.71M | $395.41M | $408.21M | $373.91M | $387.95M | $379.77M | $475.43M | $294.16M | $300.75M | $281.70M | $277.32M | $263.96M | $316.06M | $310.74M | $284.50M | $242.53M | $276.96M | $245.79M | $239.92M | $235.36M | $417.00M | $260.49M | $260.29M | $223.52M | $210.19M | $115.08M |
Low Forecast | $391.67M | $374.22M | $369.05M | $344.89M | $364.53M | $380.28M | $377.00M | $345.33M | $335.98M | $339.26M | $439.09M | $271.67M | $277.76M | $260.16M | $261.41M | $248.82M | $297.93M | $292.92M | $268.19M | $228.62M | $261.08M | $231.69M | $226.16M | $221.86M | $393.08M | $245.55M | $245.36M | $210.70M | $140.12M | $76.72M |
# Analysts | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 11 |
Surprise % | - | - | - | - | - | - | - | - | 1.04% | - | 1.35% | 1.01% | 1.05% | 0.93% | 1.03% | 1.09% | 1.06% | 0.98% | 1.10% | 1.07% | 1.04% | 1.11% | 1.06% | 1.08% | 1.02% | 1.01% | 1.11% | 1.03% | 1.29% | 2.00% |
Alkermes EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 11 |
EBITDA | - | - | - | - | - | - | - | - | $54.63M | - | $239.19M | $-33.77M | $-7.75M | $-40.67M | $-12.36M | $-4.38M | $13.00M | $-4.71M | $26.54M | $4.96M | $-19.45M | $24.58M | $-3.30M | $-7.86M | $21.15M | $-30.13M | $-16.95M | $-77.11M | $-35.79M | $-46.06M |
Avg Forecast | $6.06M | $5.79M | $5.71M | $5.34M | $5.64M | $5.73M | $5.84M | $-184.51M | $5.38M | $5.38M | $6.80M | $-197.34M | $4.30M | $-3.47M | $3.99M | $-211.06M | $4.55M | $4.47M | $4.10M | $33.48M | $3.99M | $3.54M | $3.45M | $-15.33M | $6.00M | $3.75M | $3.75M | $-91.80M | $-25.57M | $-50.68M |
High Forecast | $6.29M | $6.01M | $5.93M | $5.54M | $5.86M | $5.87M | $6.06M | $-147.61M | $5.76M | $5.64M | $7.06M | $-157.87M | $4.46M | $-2.77M | $4.12M | $-168.85M | $4.69M | $4.61M | $4.22M | $40.18M | $4.11M | $3.65M | $3.56M | $-12.26M | $6.19M | $3.87M | $3.86M | $-73.44M | $-20.45M | $-40.54M |
Low Forecast | $5.81M | $5.55M | $5.48M | $5.12M | $5.41M | $5.64M | $5.60M | $-221.42M | $4.99M | $5.04M | $6.52M | $-236.81M | $4.12M | $-4.16M | $3.88M | $-253.27M | $4.42M | $4.35M | $3.98M | $26.78M | $3.87M | $3.44M | $3.36M | $-18.39M | $5.83M | $3.64M | $3.64M | $-110.16M | $-30.68M | $-60.82M |
Surprise % | - | - | - | - | - | - | - | - | 10.16% | - | 35.18% | 0.17% | -1.80% | 11.73% | -3.10% | 0.02% | 2.86% | -1.05% | 6.48% | 0.15% | -4.88% | 6.95% | -0.95% | 0.51% | 3.52% | -8.04% | -4.52% | 0.84% | 1.40% | 0.91% |
Alkermes Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 11 |
Net Income | - | - | - | - | - | - | - | - | $160.55M | - | $237.06M | $-41.84M | $-28.25M | $-63.97M | $-30.14M | $-35.90M | $873.00K | $-28.99M | $2.36M | $-22.42M | $-42.64M | $-134.00K | $-29.43M | $-38.65M | $-5.35M | $-52.88M | $-41.99M | $-96.40M | $-62.51M | $-68.88M |
Avg Forecast | $126.52M | $113.41M | $112.28M | $95.18M | $129.50M | $125.47M | $120.37M | $-282.49M | $76.50M | $67.71M | $62.78M | $-302.12M | $7.16M | $-21.35M | $1.14M | $-323.13M | $12.70M | $9.94M | $18.79M | $-151.32M | $10.55M | $317.85K | $1.01M | $-75.38M | $99.07M | $-32.74M | $-17.25M | $-114.76M | $-44.64M | $-75.79M |
High Forecast | $132.76M | $119.00M | $117.81M | $99.87M | $135.88M | $140.96M | $126.31M | $-225.99M | $99.78M | $77.16M | $65.88M | $-241.70M | $7.51M | $-17.08M | $1.18M | $-258.50M | $13.22M | $10.34M | $19.55M | $-121.06M | $10.97M | $330.67K | $1.05M | $-60.30M | $103.07M | $-31.55M | $-16.62M | $-91.81M | $-35.71M | $-60.63M |
Low Forecast | $119.71M | $107.31M | $106.23M | $90.05M | $122.53M | $109.98M | $113.89M | $-338.98M | $56.54M | $48.81M | $59.40M | $-362.55M | $6.77M | $-25.63M | $1.09M | $-387.75M | $12.24M | $9.58M | $18.10M | $-181.59M | $10.16M | $306.24K | $974.55K | $-90.45M | $95.46M | $-34.06M | $-17.94M | $-137.71M | $-53.57M | $-90.95M |
Surprise % | - | - | - | - | - | - | - | - | 2.10% | - | 3.78% | 0.14% | -3.95% | 3.00% | -26.54% | 0.11% | 0.07% | -2.92% | 0.13% | 0.15% | -4.04% | -0.42% | -29.10% | 0.51% | -0.05% | 1.61% | 2.43% | 0.84% | 1.40% | 0.91% |
Alkermes SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 11 |
SG&A | - | - | - | - | - | - | - | - | $169.79M | - | $205.26M | $174.48M | $157.54M | $152.78M | $150.38M | $145.05M | $160.41M | $136.21M | $139.19M | $125.17M | $145.78M | $127.65M | $132.03M | $133.37M | $154.45M | $148.70M | $155.07M | $141.22M | $118.15M | $102.10M |
Avg Forecast | $201.69M | $192.71M | $190.04M | $177.60M | $187.72M | $190.56M | $194.14M | $177.83M | $178.80M | $178.84M | $226.11M | $139.90M | $143.03M | $100.34M | $132.77M | $126.37M | $151.32M | $148.77M | $136.21M | $116.11M | $132.60M | $117.67M | $114.87M | $112.68M | $199.64M | $124.71M | $124.61M | $168.12M | $84.39M | $47.34M |
High Forecast | $209.34M | $200.01M | $197.25M | $184.34M | $194.84M | $195.18M | $201.50M | $184.57M | $191.50M | $187.46M | $234.68M | $145.20M | $148.45M | $120.41M | $136.89M | $130.30M | $156.01M | $153.39M | $140.44M | $119.72M | $136.71M | $121.32M | $118.43M | $116.18M | $205.84M | $128.58M | $128.48M | $201.74M | $101.27M | $56.81M |
Low Forecast | $193.33M | $184.72M | $182.17M | $170.24M | $179.94M | $187.71M | $186.09M | $170.46M | $165.84M | $167.47M | $216.74M | $134.10M | $137.11M | $80.27M | $129.04M | $122.82M | $147.07M | $144.59M | $132.38M | $112.85M | $128.87M | $114.37M | $111.64M | $109.51M | $194.03M | $121.21M | $121.11M | $134.50M | $67.51M | $37.87M |
Surprise % | - | - | - | - | - | - | - | - | 0.95% | - | 0.91% | 1.25% | 1.10% | 1.52% | 1.13% | 1.15% | 1.06% | 0.92% | 1.02% | 1.08% | 1.10% | 1.08% | 1.15% | 1.18% | 0.77% | 1.19% | 1.24% | 0.84% | 1.40% | 2.16% |
Alkermes EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 4 | 7 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 5 | 9 | 6 | 4 | 4 | 7 | 4 | 11 | 11 |
EPS | - | - | - | - | - | - | - | - | $0.96 | - | $1.43 | $-0.25 | $-0.17 | $-0.39 | $-0.18 | $-0.22 | $0.01 | $-0.18 | $0.01 | $-0.14 | $-0.27 | $-0.00 | $-0.19 | $-0.24 | $-0.03 | $-0.34 | $-0.27 | $-0.62 | $-0.40 | $-0.45 |
Avg Forecast | $0.74 | $0.66 | $0.66 | $0.56 | $0.76 | $0.73 | $0.70 | $0.58 | $0.45 | $0.40 | $0.37 | - | $0.04 | $0.03 | $0.01 | $0.02 | $0.07 | $0.06 | $0.11 | $-0.01 | $0.06 | - | $0.01 | $-0.04 | $0.58 | $-0.19 | $-0.10 | $-0.19 | $-0.05 | $-0.10 |
High Forecast | $0.78 | $0.70 | $0.69 | $0.58 | $0.79 | $0.82 | $0.74 | $0.61 | $0.58 | $0.45 | $0.39 | - | $0.04 | $0.03 | $0.01 | $0.02 | $0.08 | $0.06 | $0.11 | $-0.01 | $0.06 | - | $0.01 | $-0.04 | $0.60 | $-0.18 | $-0.10 | $-0.18 | $-0.04 | $-0.08 |
Low Forecast | $0.70 | $0.63 | $0.62 | $0.53 | $0.72 | $0.64 | $0.67 | $0.55 | $0.33 | $0.29 | $0.35 | - | $0.04 | $0.03 | $0.01 | $0.02 | $0.07 | $0.06 | $0.11 | $-0.01 | $0.06 | - | $0.01 | $-0.05 | $0.56 | $-0.20 | $-0.10 | $-0.20 | $-0.06 | $-0.12 |
Surprise % | - | - | - | - | - | - | - | - | 2.15% | - | 3.89% | -55.99% | -4.06% | -14.09% | -27.11% | -9.47% | 0.07% | -3.10% | 0.09% | 10.04% | -4.38% | -0.43% | -32.12% | 5.53% | -0.06% | 1.78% | 2.68% | 3.28% | 8.00% | 4.50% |
Alkermes Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PCRX | Pacira BioSciences | $13.11 | $43.00 | 227.99% | Hold |
IRWD | Ironwood Pharmaceuticals | $4.57 | $11.67 | 155.36% | Buy |
DVAX | Dynavax | $11.17 | $24.50 | 119.34% | Buy |
AMPH | Amphastar Pharmaceuticals | $48.09 | $66.00 | 37.24% | Buy |
EOLS | Evolus | $17.49 | $22.50 | 28.64% | Buy |
ALKS | Alkermes | $27.66 | $35.50 | 28.34% | Buy |
ITCI | Intra-Cellular Therapies | $75.38 | $94.00 | 24.70% | Buy |
NBIX | Neurocrine Biosciences | $122.25 | $146.60 | 19.92% | Buy |
ANIP | ANI Pharmaceuticals | $58.51 | $67.33 | 15.07% | Buy |
COLL | Collegium Pharmaceutical | $37.50 | $41.50 | 10.67% | Buy |
PBH | Prestige Consumer Healthcare | $74.12 | $82.00 | 10.63% | Buy |
DCPH | Deciphera Pharmaceuticals | $25.59 | $26.32 | 2.85% | Hold |
PAHC | Phibro Animal Health | $21.99 | $18.67 | -15.10% | Buy |
ALKS Forecast FAQ
Is Alkermes a good buy?
Yes, according to 9 Wall Street analysts, Alkermes (ALKS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 55.56% of ALKS's total ratings.
What is ALKS's price target?
Alkermes (ALKS) average price target is $35.5 with a range of $27 to $50, implying a 28.34% from its last price of $27.66. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Alkermes stock go up soon?
According to Wall Street analysts' prediction for ALKS stock, the company can go up by 28.34% (from the last price of $27.66 to the average price target of $35.5), up by 80.77% based on the highest stock price target, and down by -2.39% based on the lowest stock price target.
Can Alkermes stock reach $40?
ALKS's highest twelve months analyst stock price target of $50 supports the claim that Alkermes can reach $40 in the near future.
What are Alkermes's analysts' financial forecasts?
Alkermes's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.52B (high $1.57B, low $1.47B), average EBITDA is $-167M (high $-130M, low $-205M), average net income is $92.85M (high $177.16M, low $7.41M), average SG&A $750.25M (high $776.09M, low $724.21M), and average EPS is $2.78 (high $2.97, low $2.58). ALKS's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.54B (high $1.6B, low $1.48B), average EBITDA is $22.91M (high $23.78M, low $21.96M), average net income is $447.39M (high $469.44M, low $423.29M), average SG&A $762.05M (high $790.94M, low $730.47M), and average EPS is $2.62 (high $2.75, low $2.48).
Did the ALKS's actual financial results beat the analysts' financial forecasts?
Based on Alkermes's last annual report (Dec 2022), the company's revenue was $1.11B, beating the average analysts forecast of $1.09B by 2.36%. Apple's EBITDA was $-96.151M, missing the average prediction of $-206M by -53.38%. The company's net income was $-158M, missing the average estimation of $-336M by -52.92%. Apple's SG&A was $605.75M, beating the average forecast of $502.52M by 20.54%. Lastly, the company's EPS was $-0.97, missing the average prediction of $0.0994 by -1075.61%. In terms of the last quarterly report (Dec 2023), Alkermes's revenue was $377.48M, beating the average analysts' forecast of $362.22M by 4.21%. The company's EBITDA was $54.63M, beating the average prediction of $5.38M by 916.20%. Alkermes's net income was $160.55M, beating the average estimation of $76.5M by 109.87%. The company's SG&A was $169.79M, missing the average forecast of $178.8M by -5.04%. Lastly, the company's EPS was $0.96, beating the average prediction of $0.447 by 114.56%