AbbVie Builds Momentum With Immunology Growth, Goldman Remains Positive

Vandana Singh

January 27, 2025

AbbVie Inc. (NYSE:ABBV) will release its full-year and fourth-quarter 2024 financial results on Friday, Jan. 31.

Wall Street estimates adjusted EPS of $2.10 and quarterly sales of $14.83 billion, as per data from Benzinga Pro.

Goldman Sachs sees AbbVie shares as “attractive at current levels” but notes that a high-profile catalyst is needed to reignite investor interest after the disappointing results of emraclidine’s two failed Phase 2 trials.

Also Read: AbbVie’s Early Parkinson’s Candidate Hits Primary Goal In Pivotal Late-Stage Study

Despite this, the company sees potential in exploring emraclidine as an adjunctive treatment, given its favorable tolerability profile. However, accounting rules required AbbVie to record an impairment charge of about $3.5 billion.

Wall Street analysts have removed potential revenue from emraclidine in forecasts, viewing any future progress as a bonus—assuming the costs of continuing development are reasonable compared to other investment options.

The company has demonstrated strong execution in its core immunology business, effectively managing Humira’s loss of exclusivity (LOE) in 2023. Despite a 10% decline in 2023, the franchise is expected to recover, with a 2% overall growth projection for 2024 and stable U.S. performance.

Growth is forecasted to accelerate to 7% in 2025, with double-digit expansion of 10-11% expected in 2026 and 2027.

Goldman Sachs raised the price forecast from $205 to $208, with a Buy rating, reflecting confidence in the upside potential from key Immunology growth drivers, Skyrizi/Rinvoq.

Goldman Sachs writes the key updates are focused on the revenue outlook for major immunology products. For 2025 and 2026, analyst Chris Shibutani has increased Skyrizi forecasts by 1.4% and 3.1%, respectively, driven by strong performance and potential in treating inflammatory bowel diseases.

Rinvoq forecasts also see a slight boost of 0.4% for both years. The analyst is closely watching Phase 3 trial results for additional uses, such as alopecia areata and vitiligo, expected in 2025 to guide long-term growth projections.

Price Action: ABBV stock is up 3.5% at $176.32 at last check Monday.

Read Next:

Photo: Shutterstock

Recommended

Crypto Stocks Surge Amid Market Boom - Ad

How to Invest in Trump's Crypto Revolution with Just $25 - Ad

Turning Chaos into Cash - Ad

on Tuesday reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.

No, Spain isn't banning tourists. Hereâ€™s what to know before planning a trip

MADRID (AP) — Spain , making the Southern European nation famous for its Mediterranean coastline, sweeping landscapes and historic cities among the most visited countries on earth.

The $20 Stock Powering NVIDIA, TESLA, and Microsoft

The $20 Stock Powering NVIDIA, TESLA, and Microsoft - Ad

The biggest AI firms in the world... All rely on this single company. And right now, you can get in for only $20 - but not for long.

Costco Ditches Pepsi For Coca-Cola In Major Food Court Supplier Switch, Reinforces $1.50 Hot Dog Combo Legacy

Costco Wholesale Corp. announced plans to replace PepsiCo Inc. with Coca-Cola Co as its food court beverage supplier, marking a significant shift in the retail giant's strategy and highlighting Coca-Cola's growing market momentum.

Executives at Japan`s Fuji TV and parent firm resign over a sex scandal linked to a former star

TOKYO (AP) — The Japanese network Fuji Television and its parent company said Monday that its president and chairperson were resigning immediately to take responsibility for a widening sex assault scandal linked to one of Japan's top TV celebrities.

The DOGE Agenda (Eight Stocks to Buy)

The DOGE Agenda (Eight Stocks to Buy) - Ad

Every investor in America is trying to figure out what Musk will do in Washington, D.C. in the coming weeks.

Super Bowl footballs are ready to go within hours of the matchup being set

As soon as was set, workers at the Wilson Sporting Goods football factory jumped into action.

Putin Agrees With Trump: Ukraine War Avoidable if Trump Had Been in Office

Vladimir Putin has supported the claim made by President Trump that the conflict in Ukraine could have been prevented if Trump had been in office in 2022.

Critical Metals: The Linchpin of the Energy Transition

Critical Metals: The Linchpin of the Energy Transition - Ad

As EVs and AI take center stage, critical metals like copper, nickel, and PGMs are becoming the linchpin of clean energy and technological advances. One Canadian company's high-grade polymetallic discovery in Quebec is drawing comparisons to Russia's Norilsk Mine--one of the richest deposits globally. Backed by industry titans, this story is just beginning.

WTO Chief Says 'Everyone Will Pay' If 'Tit-For-Tat' Trade War Breaks Out Amid Trump's Tariff Threat, Leading To Double-Digit Global GDP Losses

The WTO chief issued a warning on Thursday about the potentially disastrous impact of trade wars on global economic growth.

IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign goods, ease regulations on businesses and deport millions of immigrants working illegally in the United States.

Get Your Retirement Plan in Shape in 2025

Get Your Retirement Plan in Shape in 2025 - Ad

The clock is ticking -- make the most of Q1 to set up a retirement plan that works for you. Datalign Advisory can help you get everything in order before tax time.

Taiwan takes a further step in production of AI chips with advanced new plant

TAIPEI, Taiwan (AP) — Taiwan took another step in enhancing its key role in the production of advanced semiconductor chips used for artificial intelligence on Thursday with the inauguration of a new plant by Siliconware Precision Industries Co.

Fast food is a staple of American culture, but some of its workers struggle to survive

FRESNO, Texas (AP) — The only moment TiAnna Yeldell has to herself is when she’s sleeping, and that doesn’t happen much.

Stunning Trump Exec Order Leaked

Stunning Trump Exec Order Leaked - Ad

This secret document contains stunning details about Donald Trump's big Day 1 announcement... His allies are calling it Trump's Secret Manhattan Project. Because if what's in this leaked document is even half true (and trust me, it comes from a very, very credible source)... It will be the boldest, most mind-blowing and daring American initiative ANY U.S. President has launched in over 80 years. And over the next 100 days, it could set off a huge dose of "Trump Market Euphoria"... igniting a buying frenzy in very specific AI stocks... unlike anything we've seen so far.

Netflix, Palantir And Moderna Are Among Top 12 Large Cap Gainers Last Week (Jan 20-Jan 24): Are The Others In Your Portfolio?

12 large-cap stocks saw significant gains last week, including Summit Therapeutics, Rocket Lab, Moderna, and Netflix. Analysts raised price forecasts.

Cathie Wood Adds New Space Stock To 2 ETFs: Company Went To Moon, Will Investment Returns Follow?

Ark Invest made initial purchases in a space stock across two ETFs. A look at the purchases and why it could be important for 2025.

Elon Musk's Critical Metals Warning: What Investors Need to Know

Elon Musk's Critical Metals Warning: What Investors Need to Know - Ad

Elon Musk has repeatedly warned about the looming critical metals crisis, calling materials like nickel, copper, and PGMs essential to Tesla's future. One Canadian discovery in Quebec is drawing comparisons to Russia's Norilsk Mine and has the potential to reshape global supply chains. With heavyweight backers and a fully funded exploration plan, this opportunity demands attention.

Panama, familiar with US intervention, bristles at Trump's comments on canal

PANAMA CITY (AP) — U.S. President Donald Trump’s insistence Monday that he wants to have the Panama Canal back under U.S. control fed nationalist sentiment and worry in Panama, home to the critical trade route and a country familiar with U.S. military intervention.

Elizabeth Warren Lists Changes For Elon Musk's DOGE Department, Urges Guantanamo Closure Due To 'Hundreds of Millions' In Annual Costs

Senator Elizabeth Warren (D-Mass.) presented strategies to tech mogul Elon Musk on Thursday on how the newly formed Department of Government Efficiency could potentially cut government spending.

Retirement Planning for 2025 -- Act Now!

Retirement Planning for 2025 -- Act Now! - Ad

Make sure your retirement strategy is in place before 2025 rolls in. Let Datalign Advisory help you take charge of your financial future and get your ducks in a row before the year's end.

FACT FOCUS: A look at false and misleading claims Trump made during his inaugural address

In his first address after being on Monday, President Donald Trump repeated several false and misleading statements that he made during his campaign. They included claims about immigration, the economy, electric vehicles and the Panama Canal. Here’s a look at the facts.

Tech founder pledges to give away half his wealth to make the American dream more possible

Unfair. Astonishing. Un-American.

Retire from ONE Stock?! [Ticker Symbol Revealed]

Retire from ONE Stock?! [Ticker Symbol Revealed] - Ad

Jeff Clark has used one stock -- just one -- to show his readers gains of 85% in 14 days, 176% in 5 weeks, 41% in two weeks, 120% in 3 months, 138% in 8 days, 186% in 8 days, 222% in 8 days, and many more... With gains like that, is it really possible to retire from this ONE stock alone?

Okla And Rigetti Computing Are Among Top 8 Mid Cap Gainers Last Week (Jan 20-Jan 24): Are The Others In Your Portfolio?

Top performers in last week's mid-cap stocks: Oklo Inc., Tempus AI, Himax Tech, Super Group, NuScale Power, WNS Holdings, Guardant Health, Rigetti Computing.

Solar farms are booming in the US and putting thousands of hungry sheep to work

BUCKHOLTS, Texas (AP) — On rural Texas farmland, beneath hundreds of rows of solar panels, a troop of stocky sheep rummage through pasture, casually bumping into one another as they remain committed to a single task: chewing grass.

Seven Unknown AI Stocks That Could Dominate the Next Six Years

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Yemen's Houthis signal they'll limit their attacks in the Red Sea corridor to Israeli ships

DUBAI, United Arab Emirates (AP) — have signaled they now will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships, just as a ceasefire in the Gaza Strip entered its second day Monday.

More countries, including China, are grappling with shrinking and aging populations

BEIJING (AP) — A growing number of countries are confronting the dual challenges of population decline and aging, as younger generations opt to have fewer children and advances in healthcare extend life expectancy.

FORGET Crypto, FORGET Stocks... Do THIS Instead...

FORGET Crypto, FORGET Stocks... Do THIS Instead... - Ad

With everyone scrambling for the next hot AI stock or cryptocurrency... One man is saying FORGET them all. Because his strategy could lead to bigger gains than you'd see from stocks, crypto or anything else you might be seeing. It's shown his readers gains of 85% in 14 days... 55% gains in 2 days... And even 222% in 8 days!

Pakistani journalists protest after Senate passes bill allowing control over social media content

ISLAMABAD (AP) — Pakistan’s upper house of parliament on Tuesday passed a that critics argue is designed to suppress freedom of speech.

Peter Lynch's Stock Advice: 'If You Can't Understand the Balance Sheet, You Probably Shouldn't Own It'

Peter Lynch, the esteemed investor and ex-manager of the Magellan Fund, has shed light on his investment philosophy.

He Called Every Bull And Bear Market In Crypto Since 2012 ... Here's What He Says Is Next

He Called Every Bull And Bear Market In Crypto Since 2012 ... Here's What He Says Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Puerto Rico natural resources chief grilled over order to shelve probe targeting governor's in-laws

SAN JUAN, Puerto Rico (AP) — Puerto Rico senators grilled the island’s newly designated natural resources chief on Tuesday after critics rebuked into allegations of illegal construction in a protected area.

Tesla Could Drop Over 13% Due to Trump's Potential EV Tax Credit Cuts, FSD And Delivery Concerns, Says Gary Black

Tesla Inc. faces diverging forecasts for its 2025 delivery growth, with Wall Street's expectations clashing with independent analysts' predictions amid uncertainty over new vehicle launches and potential policy changes.

The No. 1 Stock for Trump's Second Term?

The No. 1 Stock for Trump's Second Term? - Ad

Legendary investor Louis Navellier's stock rating system gave a buy rating to ALL of the top 30 performing stocks in the S&P 500 index of Trump's first term... ALL of them! His system is now rating these stocks as a "BUY" for Trump's second term.

Amazon to close 7 warehouses in the Canadian province of Quebec and eliminate 1,700 jobs

Online retailer Amazon said Wednesday that it's closing all seven of its warehouses in the Canadian province of in the next two months.

This Analyst With 86% Accuracy Rate Sees Around 18% Upside In Netflix - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks settled lower, as the S&P 500 recorded losses after hitting fresh records on Friday. All three major indices recorded their second consecutive positive week, with the S&P 500 and Nasdaq each gaining around 1.7% last week, while the Dow gained 2.2%.

This Coin Could Surge Like Bitcoin Did Back in 2013...

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Freighter remains stuck in the ice on a frozen Lake Erie

BUFFALO, N.Y. (AP) — The U.S. and Canadian Coast Guards on Saturday continued efforts to break up ice and free a freighter that has been trapped in a frozen Lake Erie for days, officials said.

Trending Now