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Model output · Signal date 2026-11-10

Alkermes Plc. (ALKS) Stock Forecast Nov. 10, 2026

Analysis updated on Nov. 10, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D Unlock rating and forecasts
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage of 4224 stocks scored
Rank correlation · 90D 33.0% Spearman, 358 dates
Market Cap $7.75B mid-cap · #40 of 60 peers
Summary

Alkermes Plc. (ALKS) stock forecast summary

Our AI scores Alkermes Plc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

Alkermes Plc. is a mid-cap company with a market capitalization of $7.75B. It ranks number 40 by market capitalization among the 60 Pharmaceutical Preparations issuers in our coverage with a current forecast.

For ALKS, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 33.0%, measured on 358 forecast dates between 2022-08-23 and 2026-08-12 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 33.0%, measured on 400 forecast dates between 2022-08-23 and 2026-10-09. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.6%, sell < -0.3%, strong sell < -1.7% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-09 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, ALKS included.

Price

ALKS price chart and AI forecast

ALKS
Cross-section · 2026-11-09

How ALKS ranks among 4224 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-09-30

Alkermes Plc. (ALKS) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Pharmaceutical Preparations peers listed below that report each metric.

Valuation & Market

MetricALKSIndustry medianRank
Market Cap $7.75B $12.74B 40/60
P/E Ratio 44.83x 36.22x 12/32
P/B Ratio 4.15x 7.50x 33/42
EPS $1.03 – –
Book Value/Share $11.12 – –
Revenue/Share $10.45 – –
FCF/Share $1.36 – –

Profitability & Margins

MetricALKSIndustry medianRank
ROE -0.0% 5.4% 23/38
ROA -0.0% 1.9% 24/42
ROIC 1.7% 1.3% 21/44
Gross Margin 82.9% 82.1% 17/36
Operating Margin 3.7% 10.3% 23/38
Net Margin -0.0% 6.3% 22/35
EBT Margin 0.7% 9.9% 29/46
Tax Rate 103.1% – –

The effective tax rate is outside the normal band, which points to a large non-recurring tax item in the trailing twelve months; headline net income, net margin and P/E are affected by it.

Financial Health

MetricALKSIndustry medianRank
Current Ratio 2.42x 2.46x 31/58
Quick Ratio 2.02x 1.64x 17/43
D/E Ratio 1.38x 1.22x 19/47
Financial Leverage 2.38x 2.12x 17/47
Interest Coverage 14.7x 1.2x 7/33
Working Capital $929M $911M 29/58

Cash Flow

MetricALKSIndustry medianRank
Operating Cash Flow $243M $198M 28/59
Free Cash Flow $227M $196M 24/50
Capital Spending -$16M -$52M 21/50
OCF Growth YoY -55.1% 3.7% 31/34
FCF Growth YoY -53.7% 0.0% 29/32
FCF/Sales 13.0% 16.9% 25/42
CapEx/Sales 0.9% 2.8% 29/42

Operational Efficiency

MetricALKSIndustry medianRank
Asset Turnover 0.40x 0.49x 26/39
Receivables Turnover 3.8x 5.3x 29/36
Inventory Turnover 1.1x 1.7x 23/35
Fixed Assets Turnover 8.2x 8.1x 20/41
Days Sales Outstanding 96 days 69 days 8/36
Days Inventory 318 days 216 days 13/35
Payables Period 131 days 124 days 11/24
Cash Conversion Cycle 282 days 197 days 9/22

Income Statement

MetricALKSIndustry medianRank
Total Revenue $1.75B $2.90B 26/46
Operating Income $64M $88M 26/50
Net Income -$350K $81M 26/46
R&D Expense $430M $603M 34/58
SG&A Expense $878M $1.49B 27/40
Cost of Goods Sold $300M $1.87B 25/37

Dividend & Shareholder Information

MetricALKSIndustry medianRank
Shares Outstanding 168M – –
Net Income Growth -100.1% 5.9% 21/23
EPS Growth -51.2% 8.3% 19/24

Balance Sheet Highlights (USD millions)

Total Current Assets$1.58B35.6% of assets
Cash & Short-term Investments$631M14.2% of assets
Accounts Receivable$459M10.4% of assets
Inventory$261M5.9% of assets
Total Liabilities$2.57B58.0% of assets
Short-term Debt$544M12.3% of assets
Quarterly Financial Reports

ALKS quarterly financials and insider trading

Industry Peers · Pharmaceutical Preparations

Alkermes Plc. (ALKS) industry peers

Companies classified under the same SEC industry code as Alkermes Plc. (Pharmaceutical Preparations): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
ALKS Alkermes Plc. $7.75B 44.8x 4.2x
LLY Eli Lilly & Co $1.33T 45.8x 135.1x
JNJ Johnson & Johnson $679.13B 42.9x 8.3x
ABBV Abbvie Inc. $518.30B 44.9x –
MRK Merck & Co., Inc. $362.01B 151.3x 8.1x
NVS Novartis Ag $310.17B 9.8x –
AZN Astrazeneca Plc $293.55B 13.7x –
ABT Abbott Laboratories $192.16B 39.1x 3.8x
NVO Novo Nordisk A S $179.14B 3.0x –
PFE Pfizer Inc $167.51B 37.2x 1.9x
VRTX Vertex Pharmaceuticals Inc / Ma $138.67B 35.2x 6.6x
BMY Bristol Myers Squibb Co $127.02B 13.8x 5.4x
SNY Sanofi $115.97B – –
GSK Gsk Plc $103.98B 5.7x –
REGN Regeneron Pharmaceuticals, Inc. $93.11B 20.0x 2.8x
TAK Takeda Pharmaceutical Co Ltd $65.66B 6.3x –
TEVA Teva Pharmaceutical Industries Ltd $49.65B 41.0x 6.2x
ONC Beone Medicines Ltd. $46.26B 1130.5x 8.0x
GMAB Genmab A/S $35.90B 2.2x –
ZTS Zoetis Inc. $32.81B 13.5x 9.9x
RPRX Royalty Pharma Plc $28.82B 47.1x 4.2x
ROIV Roivant Sciences Ltd. $28.08B – 6.6x
INSM Insmed Inc $25.47B – 35.1x
UTHR United Therapeutics Corp $24.11B 21.2x 3.8x
VTRS Viatris Inc $22.87B – –
ALNY Alnylam Pharmaceuticals, Inc. $20.98B 7.4x 5.8x
ASND Ascendis Pharma A/S $17.07B – –
JAZZ Jazz Pharmaceuticals Plc $15.81B 80.4x 3.8x
BBIO Bridgebio Pharma, Inc. $15.18B – –
ELAN Elanco Animal Health Inc $13.41B – 2.0x
SMMT Summit Therapeutics Inc. $13.03B – 23.1x
RDY Dr Reddys Laboratories Ltd $12.44B 16.4x –
BMRN Biomarin Pharmaceutical Inc $11.07B 571.8x 1.8x
TGTX Tg Therapeutics, Inc. $9.49B 22.6x 15.7x
MDGL Madrigal Pharmaceuticals, Inc. $9.23B – 14.7x
SYRE Spyre Therapeutics, Inc. $9.16B – 8.7x
PTGX Protagonist Therapeutics, Inc $8.54B 33.6x 7.9x
CORT Corcept Therapeutics Inc $8.11B 44.9x 9.7x
KNSA Kiniksa Pharmaceuticals International, Plc $7.76B 91.5x 10.9x
PRAX Praxis Precision Medicines, Inc. $7.75B – 5.8x
RYTM Rhythm Pharmaceuticals, Inc. $7.73B – 87.9x
CYTK Cytokinetics Inc $7.67B – –
AXSM Axsome Therapeutics, Inc. $7.02B – 66.6x
ARWR Arrowhead Pharmaceuticals, Inc. $6.96B – 14.9x
ABVX Abivax S.A. $6.83B – –
ORKA Oruka Therapeutics, Inc. $6.81B – 6.1x
AMRX Amneal Pharmaceuticals, Inc. $6.80B 141.9x –
LGND Ligand Pharmaceuticals Inc $6.28B 119.9x 6.5x
BLTE Belite Bio, Inc $6.20B – 8.1x
MIRM Mirum Pharmaceuticals, Inc. $6.09B – –
COGT Cogent Biosciences, Inc. $5.82B – 11.3x
MANE Veradermics, Inc $5.80B – 7.1x
SUPN Supernus Pharmaceuticals, Inc. $5.56B – 5.2x
PTCT Ptc Therapeutics, Inc. $5.47B – –
ERAS Erasca, Inc. $5.46B – 15.1x
EWTX Edgewise Therapeutics, Inc. $5.29B 5.8x 3.2x
IONS Ionis Pharmaceuticals Inc $5.15B – 13.1x
DNTH Dianthus Therapeutics, Inc. /De/ $5.03B – 4.1x
LEGN Legend Biotech Corp $4.49B – –
TVTX Travere Therapeutics, Inc. $4.44B – 196.6x

Where ALKS sits on the market map

Life Sciences · Pharmaceutical Preparations
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News

Alkermes Plc. (ALKS) stock news

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FAQ

Alkermes Plc. (ALKS) stock forecast FAQ

What is the Alkermes Plc. (ALKS) stock forecast?

Our AI scores Alkermes Plc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

How accurate are Alkermes Plc. stock predictions?

For ALKS, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 33.0%, measured on 358 forecast dates between 2022-08-23 and 2026-08-12 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 33.0%, measured on 400 forecast dates between 2022-08-23 and 2026-10-09. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Alkermes Plc. forecasts updated?

Alkermes Plc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 10, 2026.

Which companies are Alkermes Plc.'s industry peers?

60 issuers in our coverage, ALKS included, share the SEC industry code Pharmaceutical Preparations. The largest are: Eli Lilly & Co (LLY), Johnson & Johnson (JNJ), Abbvie Inc. (ABBV), Merck & Co., Inc. (MRK), Novartis Ag (NVS), Astrazeneca Plc (AZN).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.