Walgreens Boots Alliance (WBA) Stock Forecast, Price Target & Predictions
WBA Stock Forecast
Walgreens Boots Alliance stock forecast is as follows: an average price target of $24.53 (represents a 159.30% upside from WBA’s last price of $9.46) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.
WBA Price Target
The average price target for Walgreens Boots Alliance (WBA) is $24.53 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $57.00 to $2.00. This represents a potential 159.30% upside from WBA's last price of $9.46.
WBA Analyst Ratings
According to 13 Wall Street analysts, Walgreens Boots Alliance's rating consensus is 'Hold'. The analyst rating breakdown for WBA stock is 0 'Strong Buy' (0.00%), 2 'Buy' (15.38%), 9 'Hold' (69.23%), 2 'Sell' (15.38%), and 0 'Strong Sell' (0.00%).
Walgreens Boots Alliance Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Brian Tanquilut | Jefferies | $9.00 | $9.73 | -7.50% | -4.86% |
| Oct 22, 2024 | Charles Rhyee | Industrial Alliance Securities | $14.00 | $10.33 | 35.53% | 47.99% |
| Oct 16, 2024 | Ann Hynes | Mizuho Securities | $10.00 | $10.42 | -4.03% | 5.71% |
| Oct 16, 2024 | Michael Cherny | Leerink Partners | $10.00 | $10.42 | -4.03% | 5.71% |
| Oct 07, 2024 | David MacDonald | Truist Financial | $10.00 | $8.72 | 14.68% | 5.71% |
| Sep 12, 2024 | Charles Rhyee | Industrial Alliance Securities | $16.00 | $8.74 | 83.07% | 69.13% |
| Sep 04, 2024 | Allen Lutz | Industrial Alliance Securities | $7.50 | $8.92 | -15.92% | -20.72% |
| Jul 22, 2024 | Stephanie Davis | Industrial Alliance Securities | $7.00 | $11.01 | -36.42% | -26.00% |
| Jul 03, 2024 | Kevin Caliendo | UBS | $12.00 | $11.57 | 3.72% | 26.85% |
| Jul 02, 2024 | Anton Hie | RBC Capital | $13.00 | $11.58 | 12.26% | 37.42% |
The latest Walgreens Boots Alliance stock forecast, released on Oct 23, 2024 by Brian Tanquilut from Jefferies, set a price target of $9.00, which represents a -7.50% decrease from the stock price at the time of the forecast ($9.73), and a -4.86% decrease from WBA last price ($9.46).
Walgreens Boots Alliance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 5 | 7 | 27 |
| Avg Price Target | $10.60 | $10.93 | $15.46 |
| Last Closing Price | $9.46 | $9.46 | $9.46 |
| Upside/Downside | 12.05% | 15.54% | 63.42% |
In the current month, the average price target of Walgreens Boots Alliance stock is $10.60, according to 5 Wall Street analysts offering twelve months forecast. The average price target represents a 12.05% increase as opposed to Walgreens Boots Alliance's last price of $9.46. This month's average price target is down -3.02% compared to last quarter, and down -31.44% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | UBS | Neutral | Neutral | Hold |
| Oct 23, 2024 | Jefferies | Hold | Hold | Hold |
| Oct 16, 2024 | Leerink Partners | Market Perform | Market Perform | Hold |
| Oct 16, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Oct 16, 2024 | Barclays | Underweight | Underweight | Hold |
| Oct 15, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Oct 15, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Oct 11, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 03, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 03, 2024 | UBS | Neutral | Neutral | Hold |
Walgreens Boots Alliance's last stock rating was published by UBS on Oct 30, 2024. The company gave WBA a "Neutral" rating, the same as its previous rate.
Walgreens Boots Alliance Financial Forecast
Walgreens Boots Alliance Revenue Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $64.24B | - | - | $32.45B | $32.60B | - | - | $34.26B | $34.03B | - | - | $34.75B | $34.63B |
| Avg Forecast | $38.61B | $37.26B | $38.01B | $38.06B | $38.36B | $37.45B | $38.26B | $37.89B | $37.52B | $36.90B | $37.66B | $37.40B | $35.90B | $35.94B | $35.86B | $34.95B | $34.80B | $34.26B | $33.61B | $32.90B | $32.09B | $32.06B | $33.23B | $32.88B | $33.03B | $33.49B | $36.20B | $34.93B | $34.37B | $34.30B |
| High Forecast | $39.38B | $38.00B | $38.78B | $38.82B | $39.12B | $38.20B | $39.02B | $38.65B | $38.27B | $37.64B | $38.30B | $38.08B | $35.96B | $35.94B | $35.86B | $36.09B | $35.49B | $34.95B | $34.28B | $33.56B | $32.69B | $32.67B | $33.86B | $33.51B | $33.65B | $34.13B | $36.88B | $35.59B | $35.02B | $34.95B |
| Low Forecast | $37.95B | $36.62B | $37.36B | $37.41B | $37.70B | $36.81B | $37.60B | $37.24B | $36.88B | $36.27B | $36.98B | $36.78B | $35.84B | $35.94B | $35.86B | $34.41B | $34.20B | $33.68B | $33.03B | $32.33B | $31.57B | $31.54B | $32.69B | $32.35B | $32.49B | $32.95B | $35.61B | $34.37B | $33.81B | $33.74B |
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 6 | 6 | 12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.87% | - | - | 1.01% | 1.02% | - | - | 1.04% | 1.02% | - | - | 1.01% | 1.01% |
Walgreens Boots Alliance's average Quarter revenue forecast for Aug 23 based on 6 analysts is $34.80B, with a low forecast of $34.20B, and a high forecast of $35.49B. WBA's average Quarter revenue forecast represents a -45.83% decrease compared to the company's last Quarter revenue of $64.24B (May 23).
Walgreens Boots Alliance EBITDA Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 6 | 6 | 12 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-477.00M | - | - | $-653.00M | $568.00M | - | - | $1.82B | $2.50B | - | - | $1.22B | $-1.11B |
| Avg Forecast | $1.25B | $1.21B | $1.24B | $1.24B | $1.25B | $1.22B | $1.24B | $1.23B | $1.22B | $1.20B | $1.22B | $1.22B | $1.17B | $1.17B | $1.76B | $1.14B | $1.13B | $1.11B | $1.60B | $3.60B | $567.51M | $567.04M | $1.45B | $581.60M | $584.13M | $592.40M | $1.45B | $617.85M | $607.89M | $606.64M |
| High Forecast | $1.28B | $1.24B | $1.26B | $1.26B | $1.27B | $1.24B | $1.27B | $1.26B | $1.24B | $1.22B | $1.24B | $1.24B | $1.17B | $1.17B | $2.11B | $1.17B | $1.15B | $1.14B | $1.92B | $4.32B | $578.27M | $577.80M | $1.74B | $592.64M | $595.22M | $603.65M | $1.74B | $629.57M | $619.42M | $618.15M |
| Low Forecast | $1.23B | $1.19B | $1.21B | $1.22B | $1.23B | $1.20B | $1.22B | $1.21B | $1.20B | $1.18B | $1.20B | $1.20B | $1.16B | $1.17B | $1.40B | $1.12B | $1.11B | $1.09B | $1.28B | $2.88B | $558.32M | $557.86M | $1.16B | $572.18M | $574.67M | $582.81M | $1.16B | $607.84M | $598.04M | $596.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.43% | - | - | -1.15% | 1.00% | - | - | 3.11% | 4.21% | - | - | 2.00% | -1.84% |
5 analysts predict WBA's average Quarter EBITDA for Aug 22 to be $567.51M, with a high of $578.27M and a low of $558.32M. This is -0.09% lower than Walgreens Boots Alliance's previous annual EBITDA (May 22) of $568.00M.
Walgreens Boots Alliance Net Income Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 6 | 6 | 12 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $121.00M | - | - | $-523.00M | $224.00M | - | - | $627.00M | $1.20B | - | - | $373.00M | $-1.71B |
| Avg Forecast | $233.81M | $219.24M | $460.98M | $311.58M | $218.63M | $270.29M | $457.86M | $332.81M | $235.44M | $305.20M | $454.95M | $339.91M | $310.07M | $588.07M | $923.43M | $531.98M | $592.75M | $921.82M | $839.48M | $2.90B | $664.27M | $796.13M | $763.16M | $1.18B | $893.97M | $1.00B | $887.35M | $888.63M | $829.94M | $1.02B |
| High Forecast | $239.90M | $224.95M | $472.98M | $319.69M | $224.32M | $277.33M | $469.78M | $341.47M | $241.57M | $313.14M | $542.45M | $467.37M | $312.66M | $588.13M | $1.11B | $701.25M | $608.17M | $945.81M | $1.01B | $3.48B | $680.66M | $815.77M | $915.80M | $1.21B | $916.02M | $1.03B | $1.06B | $910.55M | $850.41M | $1.05B |
| Low Forecast | $228.60M | $214.35M | $450.71M | $304.64M | $213.76M | $264.27M | $447.66M | $325.40M | $230.19M | $298.40M | $367.46M | $271.93M | $307.48M | $588.01M | $738.74M | $467.49M | $579.54M | $901.28M | $671.58M | $2.32B | $650.29M | $779.38M | $610.53M | $1.15B | $875.16M | $981.90M | $709.88M | $869.93M | $812.47M | $1.00B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.13% | - | - | -0.79% | 0.28% | - | - | 0.70% | 1.19% | - | - | 0.45% | -1.67% |
Walgreens Boots Alliance's average Quarter net income forecast for Aug 23 is $592.75M, with a range of $579.54M to $608.17M. WBA's average Quarter net income forecast represents a 389.87% increase compared to the company's last Quarter net income of $121.00M (May 23).
Walgreens Boots Alliance SG&A Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 6 | 6 | 12 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.12B | - | - | $7.32B | $7.02B | - | - | $6.65B | $6.12B | - | - | $6.21B | $8.27B |
| Avg Forecast | $7.08B | $6.83B | $6.97B | $6.98B | $7.03B | $6.86B | $7.01B | $6.95B | $6.88B | $6.76B | $6.90B | $6.86B | $6.58B | $6.59B | $6.87B | $6.41B | $6.38B | $6.28B | $6.24B | $5.18B | $6.00B | $6.00B | $5.67B | $6.15B | $6.18B | $6.27B | $5.21B | $6.54B | $6.43B | $6.42B |
| High Forecast | $7.22B | $6.97B | $7.11B | $7.12B | $7.17B | $7.00B | $7.15B | $7.08B | $7.02B | $6.90B | $7.02B | $6.98B | $6.59B | $6.59B | $8.24B | $6.62B | $6.51B | $6.41B | $7.49B | $6.22B | $6.12B | $6.11B | $6.81B | $6.27B | $6.30B | $6.39B | $6.26B | $6.66B | $6.55B | $6.54B |
| Low Forecast | $6.96B | $6.71B | $6.85B | $6.86B | $6.91B | $6.75B | $6.89B | $6.83B | $6.76B | $6.65B | $6.78B | $6.74B | $6.57B | $6.59B | $5.49B | $6.31B | $6.27B | $6.17B | $4.99B | $4.14B | $5.91B | $5.90B | $4.54B | $6.05B | $6.08B | $6.17B | $4.17B | $6.43B | $6.33B | $6.31B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | - | - | 1.22% | 1.17% | - | - | 1.08% | 0.98% | - | - | 0.97% | 1.29% |
Walgreens Boots Alliance's average Quarter SG&A projection for Aug 23 is $6.38B, based on 6 Wall Street analysts, with a range of $6.27B to $6.51B. The forecast indicates a -10.45% fall compared to WBA last annual SG&A of $7.12B (May 23).
Walgreens Boots Alliance EPS Forecast
| Aug 27 | May 27 | Mar 27 | Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 7 | 7 | 3 | 4 | 5 | 8 | 6 | 4 | 4 | 3 | 5 | 3 | 3 | 4 | 6 | 4 | 4 | 6 | 6 | 12 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.14 | - | - | $-0.60 | $0.26 | - | - | $0.72 | $1.38 | - | - | $0.43 | $-1.95 |
| Avg Forecast | $0.27 | $0.25 | $0.53 | $0.36 | $0.25 | $0.31 | $0.53 | $0.39 | $0.27 | $0.35 | $0.53 | $0.39 | $0.36 | $0.68 | $0.82 | $0.62 | $0.69 | $1.07 | $1.10 | $1.14 | $0.77 | $0.92 | $1.39 | $1.36 | $1.04 | $1.16 | $1.10 | $1.03 | $0.96 | $1.19 |
| High Forecast | $0.28 | $0.26 | $0.55 | $0.37 | $0.26 | $0.32 | $0.54 | $0.40 | $0.28 | $0.36 | $0.63 | $0.54 | $0.36 | $0.68 | $0.82 | $0.81 | $0.70 | $1.10 | $1.13 | $1.17 | $0.79 | $0.94 | $1.41 | $1.40 | $1.06 | $1.19 | $1.13 | $1.05 | $0.98 | $1.21 |
| Low Forecast | $0.26 | $0.25 | $0.52 | $0.35 | $0.25 | $0.31 | $0.52 | $0.38 | $0.27 | $0.35 | $0.43 | $0.31 | $0.36 | $0.68 | $0.82 | $0.54 | $0.67 | $1.04 | $1.08 | $1.11 | $0.75 | $0.90 | $1.37 | $1.34 | $1.01 | $1.14 | $1.08 | $1.01 | $0.94 | $1.16 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.13% | - | - | -0.78% | 0.28% | - | - | 0.70% | 1.19% | - | - | 0.45% | -1.65% |
According to 6 Wall Street analysts, Walgreens Boots Alliance's projected average Quarter EPS for Aug 23 is $0.69, with a low estimate of $0.67 and a high estimate of $0.70. This represents a 390.21% increase compared to WBA previous annual EPS of $0.14 (May 23).
WBA Forecast FAQ
Is Walgreens Boots Alliance a good buy?
No, according to 13 Wall Street analysts, Walgreens Boots Alliance (WBA) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 15.38% of WBA's total ratings.
What is WBA's price target?
Walgreens Boots Alliance (WBA) average price target is $24.53 with a range of $2 to $57, implying a 159.30% from its last price of $9.46. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Walgreens Boots Alliance stock go up soon?
According to Wall Street analysts' prediction for WBA stock, the company can go up by 159.30% (from the last price of $9.46 to the average price target of $24.53), up by 502.54% based on the highest stock price target, and down by -78.86% based on the lowest stock price target.
Can Walgreens Boots Alliance stock reach $14?
WBA's average twelve months analyst stock price target of $24.53 supports the claim that Walgreens Boots Alliance can reach $14 in the near future.
What is Walgreens Boots Alliance's current price target trend?
5 Wall Street analysts forecast a $10.6 price target for Walgreens Boots Alliance (WBA) this month, up 12.05% from its last price of $9.46. Compared to the last 3 and 12 months, the average price target increased by 15.54% and increased by 63.42%, respectively.
What are Walgreens Boots Alliance's analysts' financial forecasts?
Walgreens Boots Alliance's analysts financial forecasts for the fiscal year (Aug 2026) are as follows: average revenue is $151.95B (high $154.99B, low $149.34B), average EBITDA is $4.94B (high $5.04B, low $4.85B), average net income is $1.28B (high $1.31B, low $1.25B), average SG&A $27.85B (high $28.41B, low $27.38B), and average EPS is $1.48 (high $1.52, low $1.45). WBA's analysts financial forecasts for the fiscal year (Aug 2027) are as follows: average revenue is $151.94B (high $154.99B, low $149.34B), average EBITDA is $4.94B (high $5.04B, low $4.85B), average net income is $1.23B (high $1.26B, low $1.2B), average SG&A $27.85B (high $28.41B, low $27.38B), and average EPS is $1.42 (high $1.46, low $1.39).
Did the WBA's actual financial results beat the analysts' financial forecasts?
Based on Walgreens Boots Alliance's last annual report (Aug 2022), the company's revenue was $132.7B, beating the average analysts forecast of $130.25B by 1.88%. Apple's EBITDA was $6.38B, beating the average prediction of $3.17B by 101.28%. The company's net income was $4.34B, beating the average estimation of $3.4B by 27.50%. Apple's SG&A was $27.3B, beating the average forecast of $23.83B by 14.54%. Lastly, the company's EPS was $5.02, beating the average prediction of $4.45 by 12.93%. In terms of the last quarterly report (May 2023), Walgreens Boots Alliance's revenue was $64.24B, beating the average analysts' forecast of $34.26B by 87.49%. The company's EBITDA was $-477M, missing the average prediction of $1.11B by -142.84%. Walgreens Boots Alliance's net income was $121M, missing the average estimation of $921.82M by -86.87%. The company's SG&A was $7.12B, beating the average forecast of $6.28B by 13.41%. Lastly, the company's EPS was $0.14, missing the average prediction of $1.07 by -86.88%