AMERISOURCEBERGEN CORP (ABC) Forecast, Price Target & Analyst Ratings

NYSE:ABC • US03073E1055

Current stock price

179.98 USD
-0.41 (-0.23%)
At close:
179.98 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for AMERISOURCEBERGEN CORP (ABC).

Forecast Snapshot

Consensus Price Target

Price Target
$213.76
+ 18.77% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 1, 2023
Period
Q4 / 2023
EPS Estimate
$2.82
Revenue Estimate
66.713B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$213.76
Upside
+ 18.77%
From current price of $179.98 to mean target of $213.76, Based on 20 analyst forecasts
Low
$191.90
Median
$213.18
High
$236.25

Price Target Revisions

1 Month
5.31%
3 Months
11.18%

Price Target Summary

20 Wall Street analysts provided a forecast for the next 12 months for ABC. The average price target is 213.76 USD. This implies a price increase of 18.77% is expected in the next year compared to the current price of 179.98.
The average price target has been revised upward by 11.18% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ABC Current Analyst RatingABC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

ABC Historical Analyst RatingsABC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
78.00%
ABC was analyzed by 20 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about ABC.
In the previous month the buy percentage consensus was at a similar level.
ABC was analyzed by 20 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-08-07TD CowenMaintains Outperform -> Outperform
2023-08-03Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2023-07-11MizuhoMaintains Neutral -> Neutral
2023-06-07B of A SecuritiesMaintains Buy -> Buy
2023-05-26UBSMaintains Buy
2023-05-03TD CowenMaintains Outperform
2023-05-03MizuhoMaintains Neutral
2023-05-03BarclaysMaintains Overweight
2023-05-03Credit SuisseMaintains Outperform
2023-05-03CitigroupMaintains Buy
2023-03-31CitigroupInitiate Buy
2023-02-02MizuhoMaintains Neutral
2023-02-02BairdMaintains Outperform
2023-01-31UBSMaintains Buy
2023-01-31Evercore ISI GroupReiterate Outperform
2023-01-12Argus ResearchMaintains Buy
2023-01-11BairdMaintains Outperform
2022-11-22Credit SuisseMaintains Outperform
2022-10-18Cowen & Co.Maintains Outperform
2022-10-11B of A SecuritiesUpgrade Neutral -> Buy
2022-08-22Morgan StanleyMaintains Equal-Weight
2022-08-04Credit SuisseMaintains Outperform
2022-07-20Argus ResearchMaintains Buy
2022-07-11Evercore ISI GroupDowngrade Outperform -> In-Line
2022-06-13UBSMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 1, 2023
Period
Q4 / 2023
EPS Estimate
$2.82
Revenue Estimate
66.713B
Revenue Q2Q
9.05%
EPS Q2Q
8.35%
Number of Analysts
14

Next Earnings Revisions

Revenue (1 Month)
0.73%
Revenue (3 Months)
1.81%
EPS (1 Month)
-0.45%
EPS (3 Months)
-1.21%

Next Earnings Summary

ABC is expected to report earnings on 11/1/2023. The consensus EPS estimate for the next earnings is 2.82 USD and the consensus revenue estimate is 66.71B USD.
The next earnings revenue estimate has been revised upward by 1.81% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
ABC revenue by date.ABC revenue by date.
189.894B
5.74%		213.989B
12.69%		238.587B
11.50%		260.75B
9.29%		275.028B
5.48%		289.402B
5.23%		298.255B
3.06%		314.512B
5.45%		N/A
EBITDA
YoY % growth
ABC ebitda by date.ABC ebitda by date.
2.433B
2.88%		3.19B
31.13%		3.502B
9.77%		3.831B
9.41%		4.114B
7.39%		4.418B
7.39%		N/AN/AN/A
EBIT
YoY % growth
ABC ebit by date.ABC ebit by date.
2.025B
8.44%		2.675B
32.13%		2.792B
4.36%		3.307B
18.46%		3.537B
6.95%		3.792B
7.21%		3.628B
-4.32%		3.83B
5.57%		4.414B
15.25%
Operating Margin
ABC operating margin by date.ABC operating margin by date.
1.07%1.25%1.17%1.27%1.29%1.31%1.22%1.22%N/A
EPS
YoY % growth
ABC eps by date.ABC eps by date.
7.90
11.58%		9.26
17.22%		11.02
19.01%		12.01
9.02%		12.94
7.73%		14.18
9.53%		15.12
6.65%		16.19
7.08%		N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26
EPS
Q2Q % growth		2.82
8.35%		2.88
6.25%		3.66
4.57%		3.25
11.26%		3.18
12.75%		3.13
8.70%		4.01
9.55%		3.46
6.46%		3.46
8.90%		3.18
1.65%		3.94
-1.75%		3.23
-6.55%
Revenue
Q2Q % growth		66.713B
9.05%		67.537B
7.46%		67.7B
6.69%		71.309B
6.52%		70.092B
5.06%		70.53B
4.43%		71.333B
5.37%		73.67B
3.31%		73.726B
5.18%		71.143B
0.87%		69.067B
-3.18%		72.078B
-2.16%
EBITDA
Q2Q % growth		943.15M
-25.96%		977.58M
20.36%		1.165B
4.04%		1.052B
-19.88%		1.04B
10.27%		1.036B
5.98%		1.24B
6.44%		1.099B
4.47%		1.117B
7.40%		N/AN/AN/A
EBIT
Q2Q % growth		772.28M
36.94%		799.13M
25.50%		995.51M
42.31%		882.21M
43.25%		866.31M
12.18%		844.06M
5.62%		1.064B
6.88%		940.33M
6.59%		937.4M
8.21%		N/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ABC Yearly Revenue VS EstimatesABC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100B 200B 300B
ABC Yearly EPS VS EstimatesABC Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5 10 15

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
8.76%
EPS Next 5 Year
8.00%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.40%
Revenue Next 5 Year
5.53%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
11.44%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

AMERISOURCEBERGEN CORP / ABC Forecast FAQ

What is the price target for ABC stock?

20 analysts have analysed ABC and the average price target is 213.76 USD. This implies a price increase of 18.77% is expected in the next year compared to the current price of 179.98.

When does AMERISOURCEBERGEN CORP (ABC) report earnings?

AMERISOURCEBERGEN CORP (ABC) will report earnings on 2023-11-01, before the market open.

What are the consensus estimates for AMERISOURCEBERGEN CORP (ABC) next earnings?

The consensus EPS estimate for the next earnings of AMERISOURCEBERGEN CORP (ABC) is 2.82 USD and the consensus revenue estimate is 66.71B USD.

Can you provide the expected long term growth rate for AMERISOURCEBERGEN CORP stock?

The expected long term growth rate for AMERISOURCEBERGEN CORP (ABC) is 6.4%.