ABBV - AbbVie - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US00287Y1091

Pharmaceuticals, Therapeutics, Injections, Medications, Treatments

AbbVie Inc. is a multinational pharmaceutical company that engages in the discovery, development, production, and distribution of a wide range of medications globally. The company's product portfolio includes treatments for various autoimmune diseases, such as Humira, which is used to treat conditions like rheumatoid arthritis, Crohn's disease, and psoriasis.

AbbVie also offers several other notable medications, including Skyrizi, which is used to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease. Additionally, the company provides Rinvoq, a treatment for rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease. Furthermore, AbbVie's portfolio includes Imbruvica, a medication used to treat adult patients with certain types of blood cancers.

Other notable products in AbbVie's portfolio include Epkinly, which is used to treat lymphoma; Elahere, a cancer treatment; and Venclexta/Venclyxto, a medication used to treat certain types of blood cancers. The company also offers a range of aesthetic products, including facial injectables, plastics and regenerative medicine, body contouring, and skincare products. Moreover, AbbVie provides Botox therapeutic, a medication used to treat various conditions, including facial wrinkles and spasms.

In the field of neuroscience, AbbVie offers several treatments, including Vraylar, a medication used to treat depressive disorder; Duopa and Duodopa, which are used to treat advanced Parkinson's disease; Ubrelvy, an acute treatment for migraine in adults; and Qulipta, a medication used to treat episodic and chronic migraine. The company also provides a range of eye care products, including Ozurdex, which is used to treat eye diseases; Lumigan/Ganfort and Alphagan/Combigan, which are used to reduce elevated intraocular pressure in patients with open-angle glaucoma or ocular hypertension; and Restasis, a medication used to increase tear production.

AbbVie's portfolio also includes several other medications, such as Mavyret/Maviret, which is used to treat chronic hepatitis C virus genotype 1-6 infection; Creon, a pancreatic enzyme therapy; Lupron, a medication used to treat advanced prostate cancer, endometriosis, and central precocious puberty; Linzess/Constella, a treatment for irritable bowel syndrome with constipation and chronic idiopathic constipation; and Synthroid, a medication used to treat hypothyroidism.

The company has established several collaborations with other pharmaceutical companies, including Calico Life Sciences LLC, REGENXBIO Inc., Janssen Biotech, Inc., and Genentech, Inc. AbbVie has also partnered with Tentarix Biotherapeutics, LP to develop conditionally-active and multi-specific biologics for oncology and immunology. Founded in 2012, AbbVie is headquartered in North Chicago, Illinois.

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Drawdown / Underwater Chart for ABBV - AbbVie  - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for ABBV - AbbVie  - Stock Price & Dividends

ABBV Stock Overview

Market Cap in USD 303,306m
Sector Healthcare
Industry Drug Manufacturers - General
GiC SubIndustry Biotechnology
TER 0.00%
IPO / Inception 2013-01-02

ABBV Stock Ratings

Growth 5y 88.3
Fundamental 31.3
Dividend 77.6
Rel. Performance vs Sector -0.14
Analysts 3.96/5
Fair Price Momentum 211.18 USD
Fair Price DCF 326.81 USD

ABBV Dividends

Dividend Yield 12m 3.31%
Yield on Cost 5y 11.38%
Dividends CAGR 5y 6.70%
Payout Consistency 100.0%

ABBV Growth Ratios

Growth 12m 27.49%
Growth Correlation 12m 51%
Growth Correlation 3m 60%
CAGR 5y 27.94%
CAGR/Mean DD 5y 3.93
Sharpe Ratio 12m 1.20
Alpha vs SP500 12m 11.78
Beta vs SP500 5y weekly 0.67
ValueRay RSI 96.65
Volatility GJR Garch 1y 20.36%
Price / SMA 50 11.21%
Price / SMA 200 15.93%
Current Volume 6948.8k
Average Volume 20d 5876.7k

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What is the price of ABBV stocks?
As of July 27, 2024, the stock is trading at USD 185.16 with a total of 6,948,791 shares traded.
Over the past week, the price has changed by +7.45%, over one month by +9.18%, over three months by +17.07% and over the past year by +28.57%.
What are the forecast for ABBV stock price target?
According to ValueRays Forecast Model, ABBV AbbVie will be worth about 230.6 in July 2025. The stock is currently trading at 185.16. This means that the stock has a potential upside of +24.52%.
Issuer Forecast Upside
Wallstreet Target Price 168.8 -8.81
Analysts Target Price 160.2 -13.5
ValueRay Target Price 230.6 24.5

AbbVie Inc: Bridging Innovation and Healthcare

History of AbbVie

AbbVie Inc's journey began in 2013, following its separation from Abbott Laboratories. The split allowed AbbVie to focus intensively on research-based pharmaceutical manufacturing, evolving rapidly into a biopharmaceutical giant. The creation of AbbVie was aimed at dedicating resources and efforts towards innovative drug development, addressing complex and serious health issues worldwide.

Core Business

At the heart of AbbVie's mission is its commitment to developing pharmaceuticals that make a significant impact on patients' lives. The company focuses on key therapeutic areas including Immunology, Oncology, Neuroscience, and Virology. AbbVie is renowned for its blockbuster drug, Humira, used in treating various autoimmune diseases. However, the company is not resting on its laurels and is heavily investing in research and development to explore new treatments and expand its portfolio. Leveraging advanced science and expertise, AbbVie aims for breakthroughs that offer new hope to patients.

Side Business and Diversification

Apart from its primary pharmaceutical ventures, AbbVie has been expanding its footprint through strategic acquisitions, enhancing its research capabilities and therapeutic areas. Notably, the acquisition of Allergan in 2020, a notable player in the aesthetics and dermatology sector, broadened AbbVie's product range beyond traditional pharmaceuticals. Such movements underscore AbbVie’s strategy to diversify its portfolio and reinforce its market presence in various healthcare sub-sectors.

Current Market Status

As of the latest updates, AbbVie continues to hold a robust position in the global pharmaceutical market. It is known for its dynamic approach to growth, strategic partnerships, and a consistent track record of successful drug development. Financial markets reflect confidence in AbbVie’s potential for sustained growth, underpinned by its innovative pipeline and strategic business decisions. Despite the competitive nature of the pharmaceutical industry, AbbVie’s commitment to addressing unmet medical needs keeps it at the forefront of healthcare innovation.