ALVO trades 133.7% below Wall Street's consensus target of $8.60.
Last 12 months price action with 12-month analyst target path
The base valuation assumes ALVO achieves its forward estimates and maintains a stable P/E multiple of 66.2x. This scenario reflects the blended consensus of 5 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 29, 2026, Alvotech (ALVO) has a Wall Street consensus price target of $8.60, based on estimates from 5 covering analysts. With the stock currently trading at $3.68, this represents a potential upside of +133.7%. The company has a market capitalization of $1.23B.
Analyst price targets range from a low of $5.00 to a high of $10.00, representing a 58% spread in expectations. The median target of $10.00 differs from the mean, suggesting potential outlier estimates. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 2 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, ALVO trades at a trailing P/E of 36.8x and forward P/E of 66.2x. Analysts expect EPS to grow +122.7% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
AMGNAmgen Inc. | $193.4B | $358.33 | $349.33 | -2.5% | Buy | 16.0x | 38 |
TEVATeva Pharmaceutical Industries Limited | $38.7B | $33.21 | $40.00 | +20.4% | Buy | 15.2x | 46 |
VTRSViatris Inc. | $19.0B | $16.33 | $17.40 | +6.6% | Hold | 6.6x | 13 |
ABBVAbbVie Inc. | $444.4B | $251.52 | $258.00 | +2.6% | Buy | 17.7x | 41 |
JNJJohnson & Johnson | $613.0B | $254.66 | $253.42 | -0.5% | Buy | 22.0x | 40 |
PFEPfizer Inc. | $138.1B | $24.29 | $26.75 | +10.2% | Hold | 8.2x | 39 |
BIIBBiogen Inc. | $31.9B | $216.03 | $218.32 | +1.1% | Buy | 14.9x | 48 |
REGNRegeneron Pharmaceuticals, Inc. | $65.8B | $632.90 | $836.00 | +32.1% | Buy | 13.6x | 48 |
MRKMerck & Co., Inc. | $317.1B | $128.38 | $131.58 | +2.5% | Buy | 25.0x | 37 |
MCKMcKesson Corporation | $91.8B | $763.51 | $994.86 | +30.3% | Buy | 17.3x | 31 |
Quick answers to the most common questions about buying ALVO stock.
The consensus Wall Street price target for ALVO is $8.6, representing 133.7% upside from the current price of $3.68. With 5 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
ALVO has a consensus rating of "Buy" based on 5 Wall Street analysts. The rating breakdown is mixed, with 2 Hold ratings making up the largest segment. The consensus 12-month price target of $8.6 implies 133.7% upside from current levels.
At a forward P/E of 66.1871x, ALVO trades at a premium valuation. The consensus price target of $8.6 (133.7% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $10 for ALVO, while the most conservative target is $5. The consensus of $8.6 represents the median expectation. These targets typically reflect 12-month expectations.
ALVO is moderately covered, with 5 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 2 have Buy ratings, 2 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month ALVO stock forecast based on 5 Wall Street analysts shows a consensus price target of $8.6, with estimates ranging from $5 (bear case) to $10 (bull case). The median consensus rating is "Buy".
ALVO trades at a forward P/E ratio of 66.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 36.8x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on ALVO, with a "Buy" consensus rating and $8.6 price target (133.7% upside). 2 of 5 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.
ALVO analyst price targets range from $5 to $10, a 58% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8.6 consensus represents the middle ground.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.