Zacks Research Comments on AbbVie’s Q1 Earnings (NYSE:ABBV)

AbbVie Inc. (NYSE:ABBVFree Report) – Stock analysts at Zacks Research raised their Q1 2026 earnings per share (EPS) estimates for AbbVie in a research report issued to clients and investors on Thursday, March 13th. Zacks Research analyst S. Ganoria now expects that the company will post earnings per share of $2.88 for the quarter, up from their previous forecast of $2.87. The consensus estimate for AbbVie’s current full-year earnings is $12.31 per share. Zacks Research also issued estimates for AbbVie’s Q2 2026 earnings at $3.33 EPS, Q3 2026 earnings at $3.63 EPS, Q4 2026 earnings at $3.80 EPS, FY2026 earnings at $13.64 EPS and FY2027 earnings at $14.89 EPS.

AbbVie (NYSE:ABBVGet Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $2.16 EPS for the quarter, missing the consensus estimate of $2.98 by ($0.82). AbbVie had a net margin of 7.59% and a return on equity of 296.28%. During the same period last year, the business earned $2.79 earnings per share.

Other research analysts have also recently issued reports about the company. UBS Group boosted their target price on AbbVie from $181.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Raymond James reiterated an “outperform” rating and issued a $220.00 price target (up previously from $218.00) on shares of AbbVie in a research note on Monday, February 3rd. Daiwa America lowered AbbVie from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 5th. Truist Financial raised their price target on shares of AbbVie from $211.00 to $217.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Finally, Bank of America raised their price objective on shares of AbbVie from $200.00 to $223.00 and gave the company a “neutral” rating in a research note on Tuesday, March 4th. Five research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $211.45.

Get Our Latest Research Report on AbbVie

AbbVie Price Performance

NYSE:ABBV opened at $211.90 on Monday. AbbVie has a 52 week low of $153.58 and a 52 week high of $218.66. The company has a quick ratio of 0.55, a current ratio of 0.66 and a debt-to-equity ratio of 17.94. The company has a market capitalization of $374.07 billion, a P/E ratio of 88.29, a P/E/G ratio of 1.62 and a beta of 0.61. The stock’s fifty day moving average is $191.09 and its two-hundred day moving average is $188.05.

AbbVie Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Tuesday, April 15th will be issued a $1.64 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 3.10%. AbbVie’s dividend payout ratio (DPR) is presently 273.33%.

Insider Buying and Selling

In other AbbVie news, EVP Timothy J. Richmond sold 29,917 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $202.90, for a total transaction of $6,070,159.30. Following the sale, the executive vice president now owns 44,284 shares of the company’s stock, valued at $8,985,223.60. The trade was a 40.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Kevin K. Buckbee sold 18,944 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $203.41, for a total transaction of $3,853,399.04. Following the sale, the senior vice president now directly owns 11,496 shares in the company, valued at $2,338,401.36. The trade was a 62.23 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 54,639 shares of company stock valued at $11,067,025. 0.25% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Lansforsakringar Fondforvaltning AB publ purchased a new position in shares of AbbVie during the 4th quarter valued at $104,347,000. PKO Investment Management Joint Stock Co purchased a new position in AbbVie in the fourth quarter worth $2,399,000. Northstar Financial Companies Inc. purchased a new position in AbbVie in the fourth quarter worth $1,219,000. Centaurus Financial Inc. grew its position in AbbVie by 2.3% in the fourth quarter. Centaurus Financial Inc. now owns 8,507 shares of the company’s stock worth $1,512,000 after acquiring an additional 188 shares in the last quarter. Finally, Lighthouse Financial LLC purchased a new position in AbbVie in the fourth quarter worth $700,000. 70.23% of the stock is currently owned by hedge funds and other institutional investors.

About AbbVie

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AbbVie Inc discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers.

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Earnings History and Estimates for AbbVie (NYSE:ABBV)

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