On July 21, 2025, Needham analyst Ami Fadia reiterated a "Buy" rating on Alkermes (ALKS, Financial). The announcement saw the analyst maintain the price target for the stock at $45.00 USD. This decision by Needham reflects a continued confidence in ALKS' performance.
The price target remains unchanged from the previous evaluation, indicating a stable outlook. The "Buy" rating also signifies a positive sentiment towards the potential of Alkermes (ALKS, Financial) in the market.
Investors in Alkermes (ALKS, Financial) can view this as a reassuring message from Needham, with the maintained price target and reiterated rating suggesting the stock's potential for future growth and stability in the market. As of this update, no percentage change in the price target has been reported.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Alkermes PLC (ALKS, Financial) is $41.67 with a high estimate of $52.00 and a low estimate of $30.00. The average target implies an upside of 42.60% from the current price of $29.22. More detailed estimate data can be found on the Alkermes PLC (ALKS) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Alkermes PLC's (ALKS, Financial) average brokerage recommendation is currently 2.1, 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 Alkermes PLC (ALKS, Financial) in one year is $27.17, suggesting a downside of 7.02% from the current price of $29.22. 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 Alkermes PLC (ALKS) Summary page.
