Not a good buy right now for an impatient buyer: ABBV is extended into resistance (~227.8) with momentum strong but near-term upside capped without a fresh catalyst surprise.
Earnings are scheduled pre-market (QDEC 2025), and ABBV is priced for a solid quarter (street already expects strong YoY growth); risk/reward is not compelling right before the report.
Options positioning is bullish-leaning, but there is no Intellectia buy signal today, and recent Congress activity is net selling—together arguing against chasing at current levels.
Better risk/reward would appear on a pullback toward the pivot/support zone (~220.8).
Technical Analysis
Trend: Bullish (SMA_5 > SMA_20 > SMA_200), indicating an established uptrend.
Momentum: MACD histogram positive and expanding (0.976), supportive of continuation.
RSI(6): 66.3 (upper-neutral/near-overbought), suggesting limited near-term room before a cooling phase.
Key levels: Pivot 220.84 (important support); Resistance R1 227.80 then R2 232.10. Price at 225.78 is close to R1, implying less attractive chase entry.
Pattern-based forward bias: modest near-term weakness implied (next week model expectation slightly negative), with a better 1-month tilt positive.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment: Put/Call ratios skew bullish (more call interest and especially call volume vs puts).
Activity: Volume in-line with 30-day average (99.6%), suggesting no unusual options rush yet.
Volatility: 30D IV 26.68 vs HV 23.67; IV percentile 62 (options moderately expensive), consistent with an earnings/event setup.
Technical Summary
Sell
3
Buy
9
Positive Catalysts
pre-market with consensus calling for strong growth (news cites ~23% EPS increase, ~8.7% revenue growth).
Neutral/Negative Catalysts
with RSI elevated—near-term pullback risk increases even in an uptrend.
Profitability: Net income $176M (-88.65% YoY) and EPS $0.10 (-88.64% YoY) show a sharp earnings deterioration versus last year (suggests heavy expenses/one-offs or margin pressure that the market will focus on).
Gross margin: 71.75%, +1.24% YoY (core gross profitability held up despite bottom-line pressure).
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent trend: Ratings have drifted more mixed/neutral at current price levels (Citi Neutral PT cut to $230; UBS initiated Neutral $240; Wolfe downgraded to Peer Perform) alongside several bullish voices (Berenberg Buy $275; HSBC Buy $265; Morgan Stanley Overweight $269; Scotiabank Outperform $280).
Price targets: Broad range roughly $230–$280, with the more cautious firms implying limited upside from current ~$226.
Wall Street pros: Strong immunology franchise momentum (Skyrizi/Rinvoq), resilient cash flow/dividend, and potential undervalued pipeline readouts.
Wall Street cons: Stock viewed as fairly priced by several firms; competitive dynamics for key drugs in 2026–2027 could compress future growth expectations.
Wall Street analysts forecast ABBV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABBV is 253.26 USD with a low forecast of 218 USD and a high forecast of 289 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
Wall Street analysts forecast ABBV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ABBV is 253.26 USD with a low forecast of 218 USD and a high forecast of 289 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Buy
7 Hold
0 Sell
Moderate Buy
Current: 219.020
Low
218
Averages
253.26
High
289
Current: 219.020
Low
218
Averages
253.26
High
289
UBS
Neutral
downgrade
$240 -> $230
AI Analysis
2026-02-05
New
Reason
UBS
Price Target
$240 -> $230
AI Analysis
2026-02-05
New
downgrade
Neutral
Reason
UBS lowered the firm's price target on AbbVie to $230 from $240 and keeps a Neutral rating on the shares.
Evercore ISI
Gavin Clark-Gartner
Outperform
to
Outperform
downgrade
$232 -> $228
2026-02-04
New
Reason
Evercore ISI
Gavin Clark-Gartner
Price Target
$232 -> $228
2026-02-04
New
downgrade
Outperform
to
Outperform
Reason
Evercore ISI analyst Gavin Clark-Gartner lowered the firm's price target on AbbVie to $228 from $232 and keeps an Outperform rating on the shares. Despite Tremfya clearly taking share, 2026 guidance/consensus still look beatable, same with 2027, the analyst tells investors in a research note. The firm also said that it is "worth noting" that the buyside has been above consensus for a while, and the margin beats look smaller. Evercore added that the real issue the stock is reflecting is the 2028+ growth, especially as more new entrants come online.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ABBV