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 197.69% upside from WBA’s last price of $8.24) 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 197.69% upside from WBA's last price of $8.24.
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% | 9.22% |
| Oct 22, 2024 | Charles Rhyee | Industrial Alliance Securities | $14.00 | $10.33 | 35.53% | 69.90% |
| Oct 16, 2024 | Ann Hynes | Mizuho Securities | $10.00 | $10.42 | -4.03% | 21.36% |
| Oct 16, 2024 | Michael Cherny | Leerink Partners | $10.00 | $10.42 | -4.03% | 21.36% |
| Oct 07, 2024 | David MacDonald | Truist Financial | $10.00 | $8.72 | 14.68% | 21.36% |
| Sep 12, 2024 | Charles Rhyee | Industrial Alliance Securities | $16.00 | $8.74 | 83.07% | 94.17% |
| Sep 04, 2024 | Allen Lutz | Industrial Alliance Securities | $7.50 | $8.92 | -15.92% | -8.98% |
| Jul 22, 2024 | Stephanie Davis | Industrial Alliance Securities | $7.00 | $11.01 | -36.42% | -15.05% |
| Jul 03, 2024 | Kevin Caliendo | UBS | $12.00 | $11.57 | 3.72% | 45.63% |
| Jul 02, 2024 | Anton Hie | RBC Capital | $13.00 | $11.58 | 12.26% | 57.77% |
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 9.22% increase from WBA last price ($8.24).
Walgreens Boots Alliance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 7 | 27 |
| Avg Price Target | $11.50 | $10.93 | $15.46 |
| Last Closing Price | $8.24 | $8.24 | $8.24 |
| Upside/Downside | 39.56% | 32.65% | 87.62% |
In the current month, the average price target of Walgreens Boots Alliance stock is $11.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 39.56% increase as opposed to Walgreens Boots Alliance's last price of $8.24. This month's average price target is up 5.22% compared to last quarter, and down -25.61% 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 | $36.88B | $37.64B | $37.39B | $35.75B | $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 | $39.46B | $38.07B | $38.85B | $38.90B | $39.20B | $38.27B | $39.10B | $38.72B | $38.35B | $37.68B | $38.34B | $38.10B | $35.77B | $35.94B | $35.86B | $36.09B | $35.56B | $35.01B | $34.34B | $33.62B | $32.69B | $32.67B | $33.86B | $33.51B | $33.65B | $34.13B | $36.88B | $35.59B | $35.02B | $34.95B |
| Low Forecast | $37.91B | $36.58B | $37.32B | $37.37B | $37.66B | $36.76B | $37.56B | $37.20B | $36.84B | $36.20B | $37.02B | $36.80B | $35.74B | $35.94B | $35.86B | $34.41B | $34.16B | $33.64B | $32.99B | $32.30B | $31.57B | $31.54B | $32.69B | $32.35B | $32.49B | $32.95B | $35.61B | $34.37B | $33.81B | $33.74B |
| # Analysts | 4 | 4 | 5 | 6 | 4 | 4 | 4 | 4 | 3 | 7 | 9 | 9 | 4 | 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 $34.16B, and a high forecast of $35.56B. 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 | 4 | 4 | 5 | 6 | 4 | 4 | 4 | 4 | 3 | 7 | 9 | 9 | 4 | 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 | $418.88M | $404.20M | $412.41M | $412.92M | $416.11M | $406.25M | $415.03M | $411.05M | $407.08M | $400.05M | $408.34M | $405.59M | $387.86M | $389.92M | $1.76B | $379.15M | $377.51M | $371.71M | $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 | $428.07M | $413.06M | $421.45M | $421.98M | $425.23M | $415.16M | $424.14M | $420.07M | $416.01M | $408.83M | $415.94M | $413.33M | $388.02M | $389.92M | $2.11B | $391.53M | $385.79M | $379.86M | $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 | $411.25M | $396.84M | $404.90M | $405.40M | $408.53M | $398.85M | $407.48M | $403.56M | $399.66M | $392.77M | $401.61M | $399.27M | $387.70M | $389.92M | $1.40B | $373.29M | $370.63M | $364.94M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.28% | - | - | -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 | 4 | 4 | 5 | 6 | 4 | 4 | 4 | 4 | 3 | 7 | 9 | 9 | 4 | 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 | $230.78M | $302.30M | $459.05M | $342.88M | $309.46M | $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 | $240.48M | $225.49M | $474.13M | $320.47M | $224.86M | $278.00M | $470.92M | $342.30M | $237.36M | $310.91M | $547.33M | $471.46M | $312.36M | $588.13M | $1.11B | $701.25M | $609.65M | $948.11M | $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 | $228.28M | $214.05M | $450.07M | $304.20M | $213.45M | $263.89M | $447.03M | $324.93M | $225.31M | $295.13M | $370.77M | $274.30M | $306.55M | $588.01M | $738.74M | $467.49M | $578.71M | $899.99M | $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 $578.71M to $609.65M. 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 | 4 | 4 | 5 | 6 | 4 | 4 | 4 | 4 | 3 | 7 | 9 | 9 | 4 | 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 | $7.17B | $6.92B | $7.06B | $7.07B | $7.12B | $6.96B | $7.11B | $7.04B | $6.97B | $6.85B | $6.99B | $6.94B | $6.64B | $6.68B | $6.87B | $6.49B | $6.46B | $6.36B | $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 | $7.33B | $7.07B | $7.22B | $7.22B | $7.28B | $7.11B | $7.26B | $7.19B | $7.12B | $7.00B | $7.12B | $7.08B | $6.64B | $6.68B | $8.24B | $6.70B | $6.61B | $6.50B | $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 | $7.04B | $6.79B | $6.93B | $6.94B | $6.99B | $6.83B | $6.98B | $6.91B | $6.84B | $6.72B | $6.88B | $6.84B | $6.64B | $6.68B | $5.49B | $6.39B | $6.35B | $6.25B | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | - | - | 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 $6.46B, based on 6 Wall Street analysts, with a range of $6.35B to $6.61B. The forecast indicates a -9.26% 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 | 4 | 4 | 5 | 6 | 4 | 4 | 4 | 4 | 3 | 7 | 9 | 9 | 4 | 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 | $0.40 | $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 | $0.55 | $0.40 | $0.27 | $0.36 | $0.63 | $0.55 | $0.36 | $0.68 | $0.82 | $0.81 | $0.71 | $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 | $0.26 | $0.34 | $0.43 | $0.32 | $0.35 | $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 $0.71. This represents a 390.21% increase compared to WBA previous annual EPS of $0.14 (May 23).