Alkermes plc (ALKS, Financial) recently announced the unfortunate passing of its Chief Financial Officer, Iain M. Brown, on April 14, 2025. As the company navigates this transition, Blair C. Jackson and Samuel J. Parisi will assume interim financial leadership duties while the company seeks a permanent successor.
Summary
- Alkermes plc is in transition following the CFO's passing, with interim leadership in place.
- Analysts project a potential 46.91% upside for ALKS, with price targets ranging from $30.00 to $52.00.
- ALKS maintains an "Outperform" rating based on consensus from 15 brokerage firms.
Wall Street Analysts Forecast
Wall Street analysts have set a range of one-year price targets for Alkermes PLC (ALKS, Financial), with an average target price of $40.08. This suggests a notable upside of 46.91% from the current trading price of $27.28. The highest forecasted price target stands at $52.00, while the lowest is $30.00. For further insight and detailed data, visit the Alkermes PLC (ALKS) Forecast page.
Brokerage Recommendations
Alkermes PLC (ALKS, Financial) holds an "Outperform" rating based on the consensus recommendation from 15 brokerage firms. This average brokerage recommendation is rated 2.2 on a scale where 1 represents a "Strong Buy" and 5 signifies a "Sell". This rating reflects positive market sentiment and potential growth prospects for the company.
GuruFocus Valuation
According to GuruFocus estimates, the GF Value for Alkermes PLC (ALKS, Financial) is projected to be $27.46 within one year. This estimation implies a modest upside potential of 0.66% from the current market price of $27.28. The GF Value represents GuruFocus' assessment of the stock's fair trading value. This calculation considers historical trading multiples, past business performance, and future growth estimates. For comprehensive details, explore the Alkermes PLC (ALKS) Summary page.
