Alkermes (ALKS) Stock Forecast & Price Target

$29.71 -0.26 (-0.87%)

(As of 12/20/2024 05:31 PM ET)

Alkermes - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 12 Analyst Ratings

Sell
1

Hold
3

Buy
8

Based on 12 Wall Street analysts who have issued ratings for Alkermes in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 1 has given a sell rating, 3 have given a hold rating, and 8 have given a buy rating for ALKS.

Consensus Price Target

$35.42
19.21% Upside

According to the 12 analysts' twelve-month price targets for Alkermes, the average price target is $35.42. The highest price target for ALKS is $50.00, while the lowest price target for ALKS is $25.00. The average price target represents a forecasted upside of 19.21% from the current price of $29.71.

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ALKS Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	4 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$35.42	$35.42	$36.70	$32.29
Forecasted Upside	19.21% Upside	23.06% Upside	30.60% Upside	15.64% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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ALKS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ALKS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Alkermes Stock vs. The Competition

Type	Alkermes	Medical Companies	S&P 500
Consensus Rating Score	2.58	2.81	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	19.21% Upside	25,827.32% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent ALKS News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/13/2024	Mizuho 3 of 5 stars		Boost Target	Outperform ➝ Outperform	$35.00 ➝ $40.00	+36.85%
11/5/2024	Stifel Nicolaus 4 of 5 stars		Upgrade	Hold ➝ Buy	$25.00 ➝ $36.00	+35.39%
10/25/2024	The Goldman Sachs Group 2 of 5 stars		Lower Target	Buy ➝ Buy	$32.00 ➝ $30.00	+13.55%
10/25/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$32.00 ➝ $26.00	-1.44%
10/25/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$48.00 ➝ $43.00	+63.00%
10/25/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$38.00 ➝ $37.00	+42.09%
Get the Latest News and Ratings for ALKS and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Alkermes and its competitors with MarketBeat's FREE daily newsletter.
10/25/2024	HC Wainwright Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$37.00 ➝ $37.00	+37.80%
7/25/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$37.00 ➝ $38.00	+43.34%
6/17/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Thome Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$34.00	+38.78%
4/9/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$42.00 ➝ $50.00	+87.62%
2/20/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Sell	$25.00	-22.31%
1/2/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$27.00 ➝ $29.00	+0.55%
10/24/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	In-Line ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:30 PM ET.

ALKS Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Alkermes is $35.42, with a high forecast of $50.00 and a low forecast of $25.00.
: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alkermes in the last year. There is currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ALKS shares.
: According to analysts, Alkermes's stock has a predicted upside of 19.21% based on their 12-month stock forecasts.
: Over the previous 90 days, Alkermes's stock had 1 upgrade by analysts.
: Alkermes has been rated by research analysts at Cantor Fitzgerald, HC Wainwright, JPMorgan Chase & Co., Mizuho, Piper Sandler, Stifel Nicolaus, and The Goldman Sachs Group in the past 90 days.
: Analysts like Alkermes less than other "medical" companies. The consensus rating score for Alkermes is 2.58 while the average consensus rating score for "medical" companies is 2.81. Learn more on how ALKS compares to other companies.

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This page (NASDAQ:ALKS) was last updated on 12/22/2024 by MarketBeat.com Staff

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Alkermes (ALKS) Stock Forecast & Price Target