Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Alcon Inc Market Cap
The Alcon Inc (ALC) share price is expected to increase by 4.95% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered ALC. Price targets range from $80.03 at the low end to $116 at the high end. The current analyst consensus for ALC is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
Alcon Inc has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Alcon Inc will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of ALC.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Ryan Zimmerman BTIG | Buy | $104 | Maintains | Sep 12, 2024 |
| Jack Reynolds-Clark RBC Capital | Outperform | Upgrade | Sep 10, 2024 | |
| Ryan Zimmerman BTIG | Buy | $98 | Maintains | Aug 22, 2024 |
| Larry Biegelsen Wells Fargo | Overweight | $105 | Maintains | Aug 22, 2024 |
| Steven Lichtman Oppenheimer | Outperform | $110 | Maintains | Aug 22, 2024 |
| Jeff Johnson Baird | Outperform | $110 | Maintains | Aug 22, 2024 |
| David Saxon Needham | Buy | $107 | Maintains | Aug 22, 2024 |
| David Saxon Needham | Buy | $101 | Reiterates | Aug 21, 2024 |
| David Saxon Needham | Buy | $101 | Reiterates | Aug 14, 2024 |
| Ryan Zimmerman BTIG | Buy | $96 | Maintains | Jul 15, 2024 |
| Patrick Wood Morgan Stanley | Equal-Weight | $85 | Upgrade | Jul 15, 2024 |
| David Saxon Needham | Buy | $101 | Reiterates | Jul 12, 2024 |
| Thomas Stephan Stifel | Buy | $100 | Reiterates | May 15, 2024 |
| Larry Biegelsen Wells Fargo | Overweight | $94 | Maintains | May 15, 2024 |
| Steven Lichtman Oppenheimer | Outperform | $103 | Upgrade | May 15, 2024 |
| Jeff Johnson Baird | Outperform | $104 | Maintains | May 15, 2024 |
| Anthony Petrone Mizuho | Buy | $105 | Maintains | May 15, 2024 |
| David Saxon Needham | Buy | $101 | Maintains | May 15, 2024 |
| David Saxon Needham | Buy | $98 | Reiterates | May 14, 2024 |
| Thomas Stephan Stifel | Buy | $95 | Maintains | Apr 22, 2024 |
When did it IPO
N/A
Staff Count
25,000
Country
Switzerland
Sector/Industry
Healthcare/Medical Instruments & Supplies
CEO
Mr. David J. Endicott
Market Cap
$47.58B
In 2023, ALC generated $9.46B in revenue, which was a increase of 8.47% from the previous year. This can be seen as a signal that ALC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 24 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - ALC reports strong growth in its Surgical and Vision Care sectors, leading to increased optimism among investors.
Why It Matters - Strong growth in Surgical and Vision Care indicates potential revenue increases for ALC, enhancing profitability prospects and likely boosting stock performance.
Fri, 20 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - ALC is experiencing solid growth in Vision Care, driven by strong sales of contact lenses and ocular health products.
Why It Matters - ALC's strong growth in Vision Care signals robust demand for its products, potentially leading to increased revenue and profitability, positively impacting stock performance.
Thu, 22 Aug 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - Alcon Inc. (ALC) reported mixed results for Q2 after the market closed on Tuesday.
Why It Matters - Mixed results from Alcon Inc. may indicate volatility in its performance, impacting stock price and investor sentiment, leading to potential strategic adjustments in portfolios.
Thu, 22 Aug 2024
Sentiment - POSITIVE
Source - CNBC International TV
Summary - Alcon CEO David Endicott discussed the company's second-quarter results, providing insights into performance metrics and future outlook.
Why It Matters - CEO comments on quarterly results can signal company performance trends, impact stock valuation, and influence investor sentiment regarding future growth and profitability.
Wed, 21 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Alcon Inc. (NYSE: ALC) will hold its Q2 2024 earnings conference call on August 21, 2024, at 8:00 AM ET, featuring CEO David Endicott and CFO Tim Stonesifer among other participants.
Why It Matters - The upcoming Alcon Q2 earnings call can provide insights into the company's financial health, growth prospects, and market positioning, influencing investor sentiment and stock performance.
Tue, 20 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Alcon reported strong growth in implantables and contact lenses in its Q2 2024 results, indicating positive performance in these segments.
Why It Matters - Strong growth in Alcon's implantables and contact lenses indicates robust demand and potential revenue increases, positively impacting stock performance and investor sentiment.
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