Analyst Price Target is $35.42
▲ +26.90% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Alkermes in the last 3 months. The average price target is $35.42, with a high forecast of $50.00 and a low forecast of $25.00. The average price target represents a 26.90% upside from the last price of $27.91.
Current Consensus is
Moderate Buy
The current consensus among 12 investment analysts is to moderate buy stock in Alkermes. This rating has held steady since March 2024, when it changed from a Hold consensus rating.
Alkermes plc, a biopharmaceutical company, researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in therapeutic areas in the United States, Ireland, and internationally. It has a portfolio of proprietary commercial products for the treatment of alcohol dependence, opioid dependence, schizophrenia and bipolar I disorder and a pipeline of clinical and preclinical product candidates in development for neurological disorders. Its marketed products include ARISTADA, an intramuscular injectable suspension for the treatment of schizophrenia; ARISTADA INITIO for the treatment of schizophrenia in adults; VIVITROL for the treatment of alcohol and prevention of opioid dependence; and LYBALVI, an oral atypical antipsychotic drug candidate for the treatment of adults with schizophrenia and bipolar I disorder. It has collaboration agreements primarily with Janssen Pharmaceutica N.V., Janssen Pharmaceutica Inc, and Janssen Pharmaceutica International. The company also offers proprietary technology platforms to third parties to enable them to develop, commercialize, and manufacture products. Alkermes plc was founded in 1987 and is headquartered in Dublin, Ireland.
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