Abbott Laboratories logo ABT - Abbott Laboratories

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 32
HOLD 9
SELL 0
STRONG
SELL
0
| PRICE TARGET: $123.64 DETAILS
HIGH: $145.00
LOW: $92.00
MEDIAN: $121.00
CONSENSUS: $123.64
UPSIDE: 6.47%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Overvalued Strong
Trading 108.1% above fair value
Current Price $116.13
Bear Case $44.64 61.6% downside ($44.64 - $116.13) / $116.13 = -61.6% $3.72 × 12x P/E
Fair Value $55.80 52.0% downside ($55.80 - $116.13) / $116.13 = -52.0% $3.72 × 15x P/E
Bull Case $66.96 42.3% downside ($66.96 - $116.13) / $116.13 = -42.3% $3.72 × 18x P/E

Adjust Assumptions

15.0x
3.72$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 31.2x

Plain-Language Summary

Applying a 15x P/E to adjusted EPS of $3.72, the base-case value is $55.80 per share. DDM cross-check: $126.44.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (41 analysts) $123.64
Analyst Range $92.00 – $145.00
Divergence from AlphaVal 55%

Warnings

Dividend-based valuation: $126.44 (above our primary estimate by 127%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $123.64 (from 41 analysts). Our estimate is 55% below the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples