AbbVie

AbbVie Inc (ABBV) (Q3FY24) – Experiences growth despite challenges and declining Humira sales

Highlights of the report

AbbVie has completed the acquisition of Cerevel Therapeutics to boost its neuroscience research, helping patients with Parkinson’s and schizophrenia.

AbbVie Inc (ABBV) Equity Report Q3FY24

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AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide.

ABBV’s revenue grew by 4% to $14.46bn in Q3FY24 from $13.86bn in Q3FY23 and COGS as a %of sales decreased to 29% in Q3FY24 from 311% in Q3FY23. On a yearly basis, it increased to 33.5% in FY23 from 28.4% in FY22.

In the last 3 months AbbVie stock declined by (8.05%) to ~$181.77 on 02nd Dec 2024 from $197.69 on 03rd Sep 2024.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

AbbVie Inc (ABBV) (Q3FY24) – Experiences growth despite challenges and declining Humira sales

Price

$312.00

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