In the latest analyst update, Needham has reiterated its "Buy" rating for Alcon (ALC, Financial). The current evaluation reflects the continued confidence in Alcon's market position and future growth prospects.
David Saxon, a well-regarded analyst at Needham, reaffirmed the price target for Alcon (ALC, Financial) at $110.00 USD. This target remains unchanged from the previous analysis, indicating a stable outlook for the company.
Needham's consistent rating and maintained price target suggest that Alcon (ALC, Financial) is anticipated to perform well in the future, aligning with the firm's investment strategy.
The evaluation was released on May 14, 2025, as part of Needham's ongoing research coverage of Alcon (ALC, Financial), which is traded on the NYSE.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Alcon Inc (ALC, Financial) is $108.46 with a high estimate of $120.00 and a low estimate of $90.00. The average target implies an upside of 16.31% from the current price of $93.25. More detailed estimate data can be found on the Alcon Inc (ALC) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Alcon Inc's (ALC, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Alcon Inc (ALC, Financial) in one year is $89.26, suggesting a downside of 4.28% from the current price of $93.25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Alcon Inc (ALC) Summary page.
