Perrigo (PRGO) Stock Forecast, Price Target & Predictions


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PRGO Stock Forecast


Perrigo (PRGO) stock forecast, based on 32 Wall Street analysts, predicts a 12-month average price target of $42.00, with a high of $54.00 and a low of $30.00. This represents a 65.88% increase from the last price of $25.32.

$25 $31 $37 $43 $49 $55 High: $54 Avg: $42 Low: $30 Last Closed Price: $25.32

PRGO Stock Rating


Perrigo stock's rating consensus is Hold, based on 32 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 14 Buy (43.75%), 17 Hold (53.12%), 1 Sell (3.12%), and 0 Strong Sell (0.00%).

Hold
Total 32 1 17 14 Strong Sell Sell Hold Buy Strong Buy

PRGO Price Target Upside V Benchmarks


TypeNameUpside
StockPerrigo65.88%
SectorHealthcare Stocks 35.25%
IndustrySpecialty & Generic Drug Manufacturers Stocks47.55%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$33.00
Last Closing Price$25.32$25.32$25.32
Upside/Downside--30.33%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25213--6
Mar, 25213--6
Feb, 25213--6
Jan, 25323--8
Dec, 24321--6
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 23, 2024Keith DevasJefferies$30.00$27.0610.86%18.48%
Jun 13, 2024Korinne WolmeyerPiper Sandler$36.00$27.8429.31%42.18%
Apr 08, 2024Korinne WolmeyerPiper Sandler$39.00$31.4024.20%54.03%
Nov 17, 2023Korinne WolfmeyerPiper Sandler$37.00$30.0723.05%46.13%
Sep 06, 2022Jacob HughesWells Fargo$54.00$36.7446.98%113.27%
May 04, 2022Raymond James$48.00$32.7646.52%89.57%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jun 13, 2024Piper SandlerOverweightOverweighthold
Apr 08, 2024Piper SandlerOverweightOverweighthold
Oct 03, 2022Raymond JamesOutperformOutperformhold
Sep 14, 2022BernsteinMarket Performdowngrade
Sep 06, 2022Wells FargoOverweightupgrade

Financial Forecast


EPS Forecast

$-2 $-1 $0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-1.19$-0.98$-0.97$-0.09$-1.25----
Avg Forecast$4.10$2.03$2.04$2.57$2.58$3.02$3.36$3.56$3.82
High Forecast$4.15$2.05$2.07$2.59$2.60$3.06$3.42$3.63$3.89
Low Forecast$4.03$2.00$2.00$2.51$2.55$2.99$3.29$3.48$3.73
Surprise %-129.02%-148.28%-147.55%-103.50%-148.45%----

Revenue Forecast

$4B $4B $5B $5B $5B $6B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.06B$4.14B$4.45B$4.66B$4.37B----
Avg Forecast$5.09B$4.13B$4.51B$4.67B$4.43B$4.64B$4.79B$4.92B$5.20B
High Forecast$5.14B$4.17B$4.56B$4.70B$4.45B$4.71B$4.79B$4.92B$5.27B
Low Forecast$5.03B$4.08B$4.45B$4.63B$4.41B$4.56B$4.78B$4.91B$5.11B
Surprise %-0.59%0.13%-1.34%-0.39%-1.35%----

Net Income Forecast

$-250M $-80M $90M $260M $430M $600M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-162.60M$-130.90M$-130.90M$-12.70M$-171.80M----
Avg Forecast$554.58M$274.66M$-174.02M$-4.40M$347.96M$409.79M$453.91M$481.31M$516.85M
High Forecast$561.40M$278.04M$-139.22M$-3.52M$351.36M$414.47M$463.29M$491.26M$526.45M
Low Forecast$545.66M$270.24M$-208.82M$-5.28M$344.55M$405.11M$444.53M$471.37M$505.13M
Surprise %-129.32%-147.66%-24.78%188.64%-149.37%----

PRGO Forecast FAQ


Is Perrigo stock a buy?

Perrigo stock has a consensus rating of Hold, based on 32 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 14 Buy, 17 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Perrigo is a neutral investment for most analysts.

What is Perrigo's price target?

Perrigo's price target, set by 32 Wall Street analysts, averages $42 over the next 12 months. The price target range spans from $30 at the low end to $54 at the high end, suggesting a potential 65.88% change from the previous closing price of $25.32.

How does Perrigo stock forecast compare to its benchmarks?

Perrigo's stock forecast shows a 65.88% upside, outperforming the average forecast for the healthcare stocks sector (35.25%) and outperforming the specialty & generic drug manufacturers stocks industry (47.55%).

What is the breakdown of analyst ratings for Perrigo over the past three months?

  • April 2025: 33.33% Strong Buy, 16.67% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 33.33% Strong Buy, 16.67% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 33.33% Strong Buy, 16.67% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Perrigo’s EPS forecast?

Perrigo's average annual EPS forecast for its fiscal year ending in December 2025 is $3.02, marking a -341.60% decrease from the reported $-1.25 in 2024. Estimates for the following years are $3.36 in 2026, $3.56 in 2027, and $3.82 in 2028.

What is Perrigo’s revenue forecast?

Perrigo's average annual revenue forecast for its fiscal year ending in December 2025 is $4.64B, reflecting a 5.98% increase from the reported $4.37B in 2024. The forecast for 2026 is $4.79B, followed by $4.92B for 2027, and $5.2B for 2028.

What is Perrigo’s net income forecast?

Perrigo's net income forecast for the fiscal year ending in December 2025 stands at $409.79M, representing a -338.53% decrease from the reported $-172M in 2024. Projections indicate $453.91M in 2026, $481.31M in 2027, and $516.85M in 2028.