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AbbVie hits record highs with strong 2026 outlook driven by Skyrizi and Rinvoq sales.

Company Fundamentals
27 Oct 2026, 19:31 WIB
Seeking Alpha
View Source
Bullish
AbbVie hits record highs with strong 2026 outlook driven by Skyrizi and Rinvoq sales.

AbbVie Inc. is trading at all-time highs with a market cap over $500 billion, supported by robust 2026 guidance. The company's Q3 earnings are expected to outperform, mainly due to strong sales from immunology drugs Skyrizi and Rinvoq, projected to generate over $30 billion in 2026. Despite concerns about an aging product portfolio and pipeline depth, AbbVie's near-term growth and profit margins remain among the best in the industry, justifying a higher valuation. While potential pricing pressures and pipeline risks exist long-term, AbbVie's current fundamentals and cash flow support a positive investment outlook.

AbbVie shares are trading near their 52-week high at USD 286.99 on Pluang as of Oct 27, 2026 23:41 WIB, showing a slight 0.07% increase in the last day. The company's market capitalization stands at $506.70 billion, reflecting its large scale in the health sector. Investor interest remains strong with 88% of Pluang order activity on the buy side, indicating confidence in AbbVie's prospects.

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