Abbvie Inc

Abbvie Inc

ABBV

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Market Cap$443.24B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Abbvie IncAbbvie Inc1232.72%13%7.22.6

Earnings Call Q2 2026

July 31, 2026 - AI Summary

Strong Q2 execution + raised guidance - Adjusted EPS $3.65, $0.06 above guidance midpoint. - Total net revenues ~$17B, +10.2% sales growth (incl. 0.7% favorable FX), beating expectations by ~$300M. - Raised full-year revenue guidance by $300M (and + $600M total since start of year). - Good: clear outperformance vs expectations and solid momentum into H2.
2026 outlook (key forecasts) - Full-year adjusted EPS guidance updated to $13.87–$14.07 (includes $0.14 dilution from planned Apogee acquisition, more than offset by underlying outperformance). - Full-year net revenues forecast ~$67.6B, +$300M, assuming roughly 0.5% favorable FX benefit (less than prior assumption). - Margin/R&D/commercial spend targets: - Adjusted gross margin >84% - Adjusted R&D expense ~$9.8B (up $100M from Apogee pipeline investments) - Adjusted SG&A ~$14.5B - Adjusted operating margin ratio approaching ~47% - Q3 outlook: net revenues ~$17.2B (incl. 0.4% unfavorable FX), adjusted EPS $3.84–$3.88 (includes *partial-quarter* Apogee dilution; excludes any acquired IPR&D expense that could occur in-quarter). - Bad/limitation: outlook guidance explicitly factors potential acquired IPR&D expense timing uncertainty.
Immunology growth strength (major engine) - Immunology Q2 revenues ~$8.8B, +14.6% operational. - SKYRIZI: $5.5B, +24% operational; continued leadership in psoriasis (management cited “4x” faster in-play share capture vs other biologics/orals in the U.S.). - IBD: SKYRIZI continues strong new patient starts; company preparing for potential fall FDA approval of SC induction option for Crohn’s. - RINVOQ: >$2.5B, +23.7% operational; gastroenterology momentum highlighted (on pace for ~30% global sales growth in 2026). - HUMIRA: $706M, -36.1% operational due to biosimilar pressure (in-line with expectations). - Good: strong broad-based demand; company sees psoriasis/IBD durability with limited negative impact from competitive dynamics discussed.

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$274.00

Target Price by Analysts

9.2% upsideAbbvie Target Price DetailsTarget Price
$177.74

Current Fair Value

29.2% downside

Overvalued by 29.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$443.24 Billion
Enterprise Value$506.71 Billion
Dividend Yield$6.83 (2.72%)
Earnings per Share$2.37
Beta0.28
Outstanding Shares1,773,864,000

Return

Return on Equity13.23%ROE
Return on Assets2.67%
Return on Invested Capital12.29%

Valuation & Multiples

P/E Ratio123.01P/E Ratio
PEG-269.49PEG
Price to Sales7.17Price to Sales
Price to Book Ratio16.73Price to Book Ratio
Enterprise Value to Revenue8.07
Enterprise Value to EBIT43.7
Enterprise Value to Net Income139
Total Debt to Enterprise0.14
Debt to Equity2.65Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 31, 2026
EPS Estimate
$3.61
Average shareholder expectation
Revenue Estimate
$16.80 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 30, 2026
EPS Estimate
$3.88
Average shareholder expectation
Revenue Estimate
$17.32 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio10.5000 935.38%
Total Calls2,400 99.97%
Total Puts25,200 99.75%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %2.87% 70.21%
Total Invested$12.66B 95.51%
Investors Holding1,487 2690.00%

ESG Score

No data

About Abbvie Inc

CEO: Richard Gonzalez

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for all tax legislation. Its reports directly influence corporate tax structures and capital investment credits, which are crucial for AbbVie's financial planning and profitability.

Finance

This powerful committee controls taxation, trade, and entitlement spending (like Medicare). Its decisions on corporate tax policy and Medicare drug pricing directly and profoundly impact AbbVie's profitability and market valuation.

Appropriations

This committee allocates discretionary federal spending, directly determining the precise cash flow for critical programs like scientific research (NIH) and healthcare initiatives (Medicare, Medicaid, VA), which are major revenue sources and regulatory environments for AbbVie.

Health, Education, Labor, and Pensions

This committee directly regulates the FDA and NIH, which are primary bodies overseeing drug approval, safety, and medical research funding – all critical aspects of AbbVie's business and stock performance.

Judiciary

This committee's oversight of antitrust laws directly impacts mega-mergers in the pharmaceutical industry, and its jurisdiction over intellectual property (patents) is absolutely critical for the valuation and business model of companies like AbbVie.