$28.19
0.56% yesterday
Nasdaq, Nov 15, 10:00 pm CET
ISIN
IE00B56GVS15
Symbol
ALKS

Alkermes Plc Target price 2024 - Analyst rating & recommendation

Alkermes Plc Classifications & Recommendation:

Buy
62%
Hold
31%
Sell
8%

Alkermes Plc Price Target

Target Price $33.83
Price $28.19
Potential
Number of Estimates 12
12 Analysts have issued a price target Alkermes Plc 2025 . The average Alkermes Plc target price is $33.83. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 13 analysts: 8 Analysts recommend Alkermes Plc to buy, 4 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Alkermes Plc stock has an average upside potential 2025 of . Most analysts recommend the Alkermes Plc stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 1.66 1.51
49.61% 9.31%
EBITDA Margin 29.40% 30.87%
607.57% 5.00%
Net Margin 20.42% 21.43%
244.70% 4.92%

13 Analysts have issued a sales forecast Alkermes Plc 2024 . The average Alkermes Plc sales estimate is

$1.5b
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. This is
0.23% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.5b 1.32%
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, the lowest is
$1.5b 2.31%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $1.7b 49.61%
2024
$1.5b 9.31%
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2025
$1.4b 6.42%
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2026
$1.5b 3.99%
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2027
$1.4b 2.46%
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2028
$1.5b 3.51%
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7 Analysts have issued an Alkermes Plc EBITDA forecast 2024. The average Alkermes Plc EBITDA estimate is

$466m
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. This is
32.10% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$556m 57.73%
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, the lowest is
$402m 14.05%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $489m 859.39%
2024
$466m 4.78%
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2025
$299m 35.69%
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2026
$373m 24.66%
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2027
$417m 11.57%
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EBITDA Margin

2023 29.40% 607.57%
2024
30.87% 5.00%
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2025
21.21% 31.29%
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2026
25.43% 19.90%
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2027
29.08% 14.35%
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9 Alkermes Plc Analysts have issued a net profit forecast 2024. The average Alkermes Plc net profit estimate is

$323m
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. This is
1.95% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$335m 5.61%
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, the lowest is
$307m 3.06%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $340m 316.49%
2024
$323m 4.84%
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2025
$217m 32.99%
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2026
$242m 11.79%
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2027
$198m 18.22%
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2028
$231m 16.76%
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Net Margin

2023 20.42% 244.70%
2024
21.43% 4.92%
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2025
15.35% 28.37%
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2026
16.50% 7.49%
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2027
13.83% 16.18%
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2028
15.60% 12.80%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.10 2.00
316.49% 4.76%
P/E 14.11
EV/Sales 2.66

9 Analysts have issued a Alkermes Plc forecast for earnings per share. The average Alkermes Plc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$2.00
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. This is
2.04% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$2.07 5.61%
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, the lowest is
$1.90 3.06%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.10 316.49%
2024
$2.00 4.76%
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2025
$1.34 33.00%
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2026
$1.50 11.94%
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2027
$1.22 18.67%
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2028
$1.43 17.21%
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P/E ratio

Current 14.36 24.30%
2024
14.11 1.74%
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2025
21.05 49.18%
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2026
18.83 10.55%
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2027
23.02 22.25%
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2028
19.72 14.34%
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Based on analysts' sales estimates for 2024, the Alkermes Plc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.67 24.77%
2024
2.66 0.24%
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2025
2.85 6.86%
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2026
2.74 3.84%
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2027
2.81 2.52%
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2028
2.71 3.40%
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P/S ratio

Current 3.03 23.34%
2024
3.02 0.23%
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2025
3.23 6.86%
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2026
3.11 3.84%
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2027
3.19 2.52%
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2028
3.08 3.39%
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