Consensus Rating1
Buy
Highest Price Target1
$50.00
Lowest Price Target1
$25.00
Consensus Price Target1
$34.00

Alkermes (NASDAQ:ALKS) Stock, Analyst Ratings, Price Targets, Forecasts

Alkermes PLC has a consensus price target of $34 based on the ratings of 17 analysts. The high is $50 issued by Jefferies on April 9, 2024. The low is $25 issued by UBS on February 20, 2024. The 3 most-recent analyst ratings were released by Mizuho, Stifel, and Goldman Sachs on November 13, 2024, November 5, 2024, and October 25, 2024, respectively. With an average price target of $35.33 between Mizuho, Stifel, and Goldman Sachs, there's an implied 27.74% upside for Alkermes PLC from these most-recent analyst ratings.

Analyst Trends and Forecast
2
3
Jul
1
Sep
4
3
Oct
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Mizuho
Stifel
Goldman Sachs
Cantor Fitzgerald
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Alkermes

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FAQ

Q

What is the target price for Alkermes (ALKS) stock?

A

The latest price target for Alkermes (NASDAQ:ALKS) was reported by Mizuho on November 13, 2024. The analyst firm set a price target for $40.00 expecting ALKS to rise to within 12 months (a possible 44.61% upside). 26 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Alkermes (ALKS)?

A

The latest analyst rating for Alkermes (NASDAQ:ALKS) was provided by Mizuho, and Alkermes maintained their outperform rating.

Q

When was the last upgrade for Alkermes (ALKS)?

A

The last upgrade for Alkermes PLC happened on November 5, 2024 when Stifel raised their price target to $36. Stifel previously had a hold for Alkermes PLC.

Q

When was the last downgrade for Alkermes (ALKS)?

A

The last downgrade for Alkermes PLC happened on February 20, 2024 when UBS changed their price target from $25 to $25 for Alkermes PLC.

Q

When is the next analyst rating going to be posted or updated for Alkermes (ALKS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alkermes, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Alkermes was filed on November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.

Q

Is the Analyst Rating Alkermes (ALKS) correct?

A

While ratings are subjective and will change, the latest Alkermes (ALKS) rating was a maintained with a price target of $35.00 to $40.00. The current price Alkermes (ALKS) is trading at is $27.66, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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