Amneal Pharmaceuticals (AMRX) Stock Forecast, Price Target & Predictions


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AMRX Stock Forecast


Amneal Pharmaceuticals stock forecast is as follows: an average price target of $9.00 (represents a 8.17% upside from AMRX’s last price of $8.32) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

AMRX Price Target


The average price target for Amneal Pharmaceuticals (AMRX) is $9.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $12.00 to $4.00. This represents a potential 8.17% upside from AMRX's last price of $8.32.

AMRX Analyst Ratings


Buy

According to 3 Wall Street analysts, Amneal Pharmaceuticals's rating consensus is 'Buy'. The analyst rating breakdown for AMRX stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Amneal Pharmaceuticals Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024David AmsellemPiper Sandler--32.69%32.21%
Oct 02, 2024Les SulewskiTruist Financial--37.93%44.23%
Oct 01, 2024Les SulewskiTruist Financial--14.94%20.19%
May 03, 2024Les SulewskiTruist Financial--33.14%8.17%
Mar 21, 2024David AmsellemPiper Sandler--27.19%-3.85%
Aug 08, 2022Goldman Sachs--24.22%-51.92%
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The latest Amneal Pharmaceuticals stock forecast, released on Nov 11, 2024 by David Amsellem from Piper Sandler, set a price target of $11.00, which represents a 32.69% increase from the stock price at the time of the forecast ($8.29), and a 32.21% increase from AMRX last price ($8.32).

Amneal Pharmaceuticals Price Target by Period


1M3M12M
# Anlaysts135
Avg Price Target$11.00$11.00$10.00
Last Closing Price$8.32$8.32$8.32
Upside/Downside32.21%32.21%20.19%

In the current month, the average price target of Amneal Pharmaceuticals stock is $11.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 32.21% increase as opposed to Amneal Pharmaceuticals's last price of $8.32. This month's average price target is down 0.00% compared to last quarter, and up 10.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 11, 2024Piper SandlerOverweightOverweightHold
Aug 13, 2024BarclaysOverweightOverweightHold
Aug 08, 2022Goldman SachsBuyBuyHold
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Amneal Pharmaceuticals's last stock rating was published by Piper Sandler on Nov 11, 2024. The company gave AMRX a "Overweight" rating, the same as its previous rate.

Amneal Pharmaceuticals Financial Forecast


Amneal Pharmaceuticals Revenue Forecast

Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Jun 17
Revenue-----$616.98M$620.04M$557.54M$609.76M$497.63M$493.11M$498.53M$446.12M$275.19M$259.87M
Avg Forecast$686.79M$703.74M$690.23M$657.52M$619.00M$630.67M$602.60M$589.50M$561.04M$535.91M$438.32M$411.29M$573.58M$334.17M$185.62M
High Forecast$688.38M$709.00M$693.55M$660.68M$621.97M$637.60M$605.49M$707.40M$673.24M$643.09M$525.98M$493.55M$688.30M$401.01M$222.75M
Low Forecast$685.20M$696.43M$685.73M$653.24M$614.96M$618.87M$598.67M$471.60M$448.83M$428.73M$350.65M$329.03M$458.87M$267.34M$148.50M
# Analysts23122421416112018181218
Surprise %-----0.98%1.03%0.95%1.09%0.93%1.13%1.21%0.78%0.82%1.40%

Amneal Pharmaceuticals's average Quarter revenue forecast for Mar 24 based on 2 analysts is $619.00M, with a low forecast of $614.96M, and a high forecast of $621.97M. AMRX's average Quarter revenue forecast represents a 0.33% increase compared to the company's last Quarter revenue of $616.98M (Dec 23).

Amneal Pharmaceuticals EBITDA Forecast

Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Jun 17
# Analysts23122421416112018181218
EBITDA-----$14.19M$135.55M$98.67M$135.25M$82.28M$96.50M$104.88M$35.84M$87.70M$57.02M
Avg Forecast$106.98M$109.62M$107.51M$102.42M$111.46M$98.23M$93.86M$101.32M$102.14M$92.11M$85.78M$82.63M$43.80M$103.18M$40.73M
High Forecast$107.22M$110.44M$108.03M$102.91M$133.75M$99.31M$94.31M$121.59M$122.57M$110.53M$102.93M$99.16M$52.57M$123.81M$48.88M
Low Forecast$106.73M$108.48M$106.81M$101.75M$89.16M$96.40M$93.25M$81.06M$81.71M$73.69M$68.62M$66.10M$35.04M$82.54M$32.59M
Surprise %-----0.14%1.44%0.97%1.32%0.89%1.13%1.27%0.82%0.85%1.40%

2 analysts predict AMRX's average Quarter EBITDA for Mar 24 to be $111.46M, with a high of $133.75M and a low of $89.16M. This is 685.29% upper than Amneal Pharmaceuticals's previous annual EBITDA (Dec 23) of $14.19M.

Amneal Pharmaceuticals Net Income Forecast

Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Jun 17
# Analysts23122421416112018181218
Net Income-----$-98.65M$9.68M$-10.09M$-5.86M$-6.46M$6.71M$115.07M$-47.88M$51.53M$37.45M
Avg Forecast$43.35M$49.54M$40.87M$42.73M$-2.81M$21.68M$39.33M$-2.55M$-3.34M$-2.32M$5.96M$90.66M$-58.52M$60.63M$26.75M
High Forecast$46.45M$55.74M$41.13M$43.00M$-2.25M$24.77M$39.57M$-2.04M$-2.67M$-1.86M$7.15M$108.79M$-46.82M$72.76M$32.10M
Low Forecast$37.16M$43.35M$40.53M$42.37M$-3.37M$21.49M$38.99M$-3.06M$-4.01M$-2.79M$4.77M$72.53M$-70.23M$48.50M$21.40M
Surprise %------4.55%0.25%3.95%1.75%2.78%1.13%1.27%0.82%0.85%1.40%

Amneal Pharmaceuticals's average Quarter net income forecast for Dec 23 is $21.68M, with a range of $21.49M to $24.77M. AMRX's average Quarter net income forecast represents a 123.87% increase compared to the company's last Quarter net income of $9.68M (Sep 23).

Amneal Pharmaceuticals SG&A Forecast

Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Jun 17
# Analysts23122421416112018181218
SG&A-----$109.00M$113.01M$102.10M$102.16M$98.67M$90.73M$77.98M$84.44M$25.12M$26.94M
Avg Forecast$120.44M$123.41M$121.04M$115.30M$128.57M$110.59M$105.67M$116.88M$93.16M$106.25M$80.65M$61.44M$103.20M$29.55M$19.24M
High Forecast$120.71M$124.33M$121.62M$115.86M$154.28M$111.81M$106.18M$140.26M$111.79M$127.51M$96.77M$73.72M$123.84M$35.46M$23.09M
Low Forecast$120.16M$122.13M$120.25M$114.55M$102.85M$108.52M$104.98M$93.50M$74.52M$85.00M$64.52M$49.15M$82.56M$23.64M$15.39M
Surprise %-----0.99%1.07%0.87%1.10%0.93%1.13%1.27%0.82%0.85%1.40%

Amneal Pharmaceuticals's average Quarter SG&A projection for Mar 24 is $128.57M, based on 2 Wall Street analysts, with a range of $102.85M to $154.28M. The forecast indicates a 17.95% rise compared to AMRX last annual SG&A of $109.00M (Dec 23).

Amneal Pharmaceuticals EPS Forecast

Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Mar 23Dec 22Mar 22Mar 21Mar 20Mar 19Mar 18Jun 17
# Analysts23122421416112018181218
EPS-----$-0.40$0.06$-0.07$-0.04$-0.04$0.05$0.78$-0.37$0.45$0.33
Avg Forecast$0.14$0.16$0.13$0.14$0.09$0.07$0.13$1.43$1.95$1.43$0.16$0.07$0.22$0.20$0.10
High Forecast$0.15$0.18$0.13$0.14$0.09$0.08$0.13$1.44$1.97$1.43$0.19$0.09$0.26$0.24$0.12
Low Forecast$0.12$0.14$0.13$0.14$0.09$0.07$0.13$1.42$1.94$1.43$0.13$0.06$0.18$0.16$0.08
Surprise %------5.71%0.47%-0.05%-0.02%-0.03%0.31%11.14%-1.68%2.24%3.26%

According to 4 Wall Street analysts, Amneal Pharmaceuticals's projected average Quarter EPS for Dec 23 is $0.07, with a low estimate of $0.07 and a high estimate of $0.08. This represents a 16.67% increase compared to AMRX previous annual EPS of $0.06 (Sep 23).

Amneal Pharmaceuticals Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PROCProcaps Group--800.90%
IRWDIronwood Pharmaceuticals--249.40%Buy
ASRTAssertio--196.91%Buy
DVAXDynavax--98.22%Buy
EOLSEvolus--84.05%Buy
AMPHAmphastar Pharmaceuticals--48.15%Buy
ANIPANI Pharmaceuticals--41.42%Buy
COLLCollegium Pharmaceutical--33.18%Buy
ALKSAlkermes--31.34%Hold
NBIXNeurocrine Biosciences--17.88%Buy
ITCIIntra-Cellular Therapies--10.59%Buy
AMRXAmneal Pharmaceuticals--8.17%Buy
DCPHDeciphera Pharmaceuticals--2.85%Hold
LFCRLifecore Biomedical---6.88%Buy
PAHCPhibro Animal Health---21.42%Buy
AGRXAgile Therapeutics---33.77%Buy

AMRX Forecast FAQ


Is Amneal Pharmaceuticals a good buy?

Yes, according to 3 Wall Street analysts, Amneal Pharmaceuticals (AMRX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of AMRX's total ratings.

What is AMRX's price target?

Amneal Pharmaceuticals (AMRX) average price target is $9 with a range of $4 to $12, implying a 8.17% from its last price of $8.32. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Amneal Pharmaceuticals stock go up soon?

According to Wall Street analysts' prediction for AMRX stock, the company can go up by 8.17% (from the last price of $8.32 to the average price target of $9), up by 44.23% based on the highest stock price target, and down by -51.92% based on the lowest stock price target.

Can Amneal Pharmaceuticals stock reach $12?

AMRX's average twelve months analyst stock price target of $9 does not support the claim that Amneal Pharmaceuticals can reach $12 in the near future.

What is Amneal Pharmaceuticals's current price target trend?

1 Wall Street analyst forecast a $11 price target for Amneal Pharmaceuticals (AMRX) this month, up 32.21% from its last price of $8.32. Compared to the last 3 and 12 months, the average price target increased by 32.21% and increased by 20.19%, respectively.

What are Amneal Pharmaceuticals's analysts' financial forecasts?

AMRX's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.67B (high $2.69B, low $2.65B), average EBITDA is $431M (high $455.12M, low $406.2M), average net income is $130.34M (high $137.62M, low $122.87M), average SG&A $488.32M (high $516.09M, low $459.78M), and average EPS is $0.522 (high $0.544, low $0.499).

Did the AMRX's actual financial results beat the analysts' financial forecasts?

Based on Amneal Pharmaceuticals's last annual report (Dec 2023), the company's revenue was $2.39B, beating the average analysts forecast of $1.82B by 31.32%. Apple's EBITDA was $-1.138M, missing the average prediction of $293.42M by -100.39%. The company's net income was $-83.993M, missing the average estimation of $58.45M by -243.71%. Apple's SG&A was $429.68M, beating the average forecast of $333.14M by 28.98%. Lastly, the company's EPS was $-0.48, missing the average prediction of $1.63 by -129.52%. In terms of the last quarterly report (Dec 2023), Amneal Pharmaceuticals's revenue was $616.98M, missing the average analysts' forecast of $630.67M by -2.17%. The company's EBITDA was $14.19M, missing the average prediction of $98.23M by -85.55%. Amneal Pharmaceuticals's net income was $-98.649M, missing the average estimation of $21.68M by -555.12%. The company's SG&A was $109M, missing the average forecast of $110.59M by -1.44%. Lastly, the company's EPS was $-0.4, missing the average prediction of $0.07 by -671.43%