ABBV · NYSE · Drug Manufacturers - General

AbbVie (ABBV)

Develops immunology, neuroscience, oncology, and aesthetics products led by Skyrizi and Rinvoq.

$263.62
vs last close−0.86 (−0.33%)
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AbbVie Inc.ABBV
Health Care

Develops and sells medicines across immunology, neuroscience, oncology, and eye care, plus Botox Cosmetic and other aesthetics products. Skyrizi and Rinvoq now generate roughly half of revenue, making regulatory approvals, market access, and product exclusivity central to the business.

Develops, manufactures, and commercializes prescription medicines across immunology, neuroscience, oncology, and eye care, alongside Allergan Aesthetics products. Skyrizi and Rinvoq anchor immunology; Vraylar, Botox Therapeutic, Ubrelvy, and Qulipta serve neuroscience; Imbruvica, Venclexta, and Elahere cover blood and solid cancers; Botox Cosmetic and Juvederm lead aesthetics. Products are sold worldwide, with the United States generating most revenue.

Pairs internal research with licensing and acquisitions, then uses a global supply chain and commercial network to launch medicines and expand approved uses. Skyrizi and Rinvoq together produce roughly half of recent revenue as Humira declines after biosimilar entry. Sales depend on clinical and regulatory approvals, patent and regulatory exclusivity, payer reimbursement, and access through wholesalers, specialty pharmacies, and healthcare providers.

Company facts

CEORobert A. Michael
ListedJan 2, 2013
ExchangeNYSE
HeadquartersNorth Chicago, IL
CountryUnited States
Employees57,000
CIK0001551152
ISINUS00287Y1091

Market cap$467.37B
EPS (ttm)$3.55
P/E (ttm)74.53
ROE
P/B
P/S7.26
Dividend yieldDiv yield2.58%
Beta−0.08vs XLV 1.12

Price target$296.00+11.9%Average of 43 analysts
ConsensusBuy31 of 43 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 10, 2026HSBCReiterate
Rating: Target: $300
Rating: BuyTarget: $315
Aug 20, 2026Piper SandlerReiterate
Rating: Target: $298
Rating: OverweightTarget: $303
Aug 17, 2026Wells FargoReiterate
Rating: Target: $295
Rating: OverweightTarget: $300
Aug 13, 2026Wolfe ResearchUpgrade
Rating: Peer PerformTarget: $127
Rating: OutperformTarget: $300
Aug 5, 2026Erste GroupUpgrade
Rating: Hold
Rating: Buy

Next report
Oct 30, 26
in 38 days
EPS estimate
$3.86
Revenue estimate
$17.31B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$2.16$2.46$2.97$1.86$2.71$2.65$3.65Pending
Estimate$2.98$2.38$2.88$1.77$2.65$2.59$3.61$3.86
Surprise−27.5%+3.4%+3.1%+5.1%+2.3%+2.3%+1.1%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$15.10B$13.34B$15.42B$15.78B$16.62B$15.00B$16.99BPending
Estimate$14.83B$12.93B$15.03B$15.59B$16.41B$14.72B$16.80B$17.31B
Surprise+1.8%+3.2%+2.6%+1.2%+1.2%+1.9%+1.1%
Estimate$3.86
ReportedDue Oct 30, 2026
Estimate$17.31B
ReportedDue Oct 30, 2026
View details

Current ratio80.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$14.46B$15.10B$13.34B$15.42B$15.78B$16.62B$15.00B$16.99B
Net income$1.56B−$22.0M$1.29B$938.0M$186.0M$1.82B$699.0M$3.61B
Net margin10.8%0.0%9.6%6.1%1.2%10.9%4.7%21.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$3.83B−$1.49B$3.73B$4.89B$1.90B$5.81B$4.73B$6.43B
YoY growth+68.0%Turned loss+33.4%+22.4%−50.3%Turned profit+26.8%+31.4%

Balance sheet, Jun 30, 2026Cash & short-term investments $6.57B · Total debt $70.82B · Total assets $135.13B · Shareholders' equity −$5.94B

Revenue
$16.99B
Operating income
$6.43B
Net income
$3.61B
View details

Dividend yield
2.58%
Next ex-date
Oct 15, 26
in 23 days
Annual dividend
$6.83
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Dividend$1.64$1.64$1.64$1.64$1.73$1.73$1.73$1.73
Annual yield3.67%3.61%3.47%2.90%3.10%3.23%2.80%2.63%
Ex-dateJan 15Apr 15Jul 15Oct 15Jan 16Apr 15Jul 15Oct 15
Payment dateFeb 14May 15Aug 15Nov 14Feb 17May 15Aug 14Nov 16
View details

Institutions76.22%1.35B shares
4,342 holders · as of Jun 30, 2026
Insiders0.08%1.48M shares
25 holders · as of Aug 18, 2026
Strategic holders7.26%128.20M shares
2 holders · as of Jul 11, 2025
Other16.44%290.55M shares
remainder

1.77B company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.46%149.49Mas of Jun 30, 2026
BlackRock, Inc.Strategic
7.25%128.20Mfiled Feb 3, 2022
Vanguard Capital Management LLCInstitution
6.53%115.40Mas of Jun 30, 2026
State Street CorpInstitution
4.67%82.60Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
2.74%48.48Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 14, 2026Nicholas Donoghoeofficer: EVP, CHIEF BUS/STRAT OFFICER−32,710$250.00
Mar 4, 2026David Ryan Purdueofficer: SVP, Controller−5,230$233.56
Mar 2, 2026Perry C. Siatisofficer: EVP, GC AND SECRETARY−18,668$234.39
Feb 25, 2026Perry C. Siatisofficer: EVP, GC AND SECRETARY−22,381$230.00
View details

  • Sanofi (ADR)

    Dupixent is the world's #1 immunology drug and Skyrizi / Rinvoq's primary rival.

  • Johnson & Johnson

    Widest immunology-oncology overlap across every AbbVie growth franchise.

  • AstraZeneca (ADR)

    Calquence takes CLL share from Imbruvica with a cleaner cardiac safety profile.

  • Novartis (ADR)

    Cosentyx contests Skyrizi in psoriasis and PsA via IL-17A vs IL-23.

  • Merck

    Keytruda's .5B oncology scale overlaps AbbVie's hematology assets.

  • Eli Lilly

    Olumiant vs Rinvoq in JAK; Emgality rivals Botox Therapeutic in migraine.

Compare

CompanyPriceChange
AbbVie$263.62−0.33%$467.37B74.517.37.3+10.2%
Sanofi (ADR)$42.20−0.70%$102.05B75.61.8+11.2%
Johnson & Johnson$265.52−1.47%$649.40B31.222.46.6+6.6%
AstraZeneca (ADR)$167.87−0.14%$260.70B25.215.84.2+6.4%
Novartis (ADR)$141.10+0.08%$267.96B21.315.04.8+0.9%
Merck$149.21−0.19%$369.24B119.617.35.6+5.1%
Eli Lilly$1,148.23−1.43%$1.10T39.128.113.8+47.7%
Median35.117.35.2+6.5%