26.3% Below Target

The consensus Wall Street price target for ALC is $81.67, representing 26.3% upside from the current price of $64.68. With 26 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

ALC has a consensus rating of "Buy" based on 26 Wall Street analysts. The rating breakdown is predominantly bullish, with 14 Buy/Strong Buy ratings. The consensus 12-month price target of $81.67 implies 26.3% upside from current levels.

With a forward P/E of 18.975x, ALC trades at a relatively low valuation. The consensus target of $81.67 implies 26.3% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $97 for ALC, while the most conservative target is $70. The consensus of $81.67 represents the median expectation. Our quantitative valuation model projects a bull case target of $129 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

ALC is heavily covered by Wall Street, with 26 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 10 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month ALC stock forecast based on 26 Wall Street analysts shows a consensus price target of $81.67, with estimates ranging from $70 (bear case) to $97 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $98, with bear/bull scenarios of $62/$129.

Our quantitative valuation model calculates ALC's fair value at $98 (base case), with a bear case of $62 and bull case of $129. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 47/100.

ALC trades at a forward P/E ratio of 19.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 32.7x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on ALC, with a "Buy" consensus rating and $81.67 price target (26.3% upside). 14 of 26 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

ALC analyst price targets range from $70 to $97, a 33% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $81.67 consensus represents the middle ground. Our model's $62-$129 range provides an independent fundamental perspective.