
AbbVie's newer drugs are growing fast enough to more than replace Humira revenue. The hardest part of the transition appears to be behind it.
AbbVie is an American publicly traded biopharmaceutical company founded in 2013. It originated as a spin-off of Abbott Laboratories.
| Revenue (TTM) | $64.39B |
| Gross Profit (TTM) | $46.87B |
| EBITDA | $30.76B |
| Operating Margin | 40.00% |
| Return on Equity | 62.30% |
| Return on Assets | 10.50% |
| Revenue/Share (TTM) | $36.39 |
| Book Value | $-3.36 |
| Price-to-Book | 50.46 |
| Price-to-Sales (TTM) | 7.83 |
| EV/Revenue | 8.27 |
| EV/EBITDA | 27.34 |
| Quarterly Earnings Growth (YoY) | 290.40% |
| Quarterly Revenue Growth (YoY) | 10.20% |
| Shares Outstanding | $1.77B |
| Float | $1.76B |
| % Insiders | 0.11% |
| % Institutions | 77.33% |
Volatility is currently expanding

AbbVie's newer drugs are growing fast enough to more than replace Humira revenue. The hardest part of the transition appears to be behind it.

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AbbVie continues to diversify its portfolio through the successful expansion of newer therapies like Skyrizi and Rinvoq. Eli Lilly and has seen explosive growth driven by its dominant presence in the massive cardiometabolic treatment market.

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ABBV's Skyrizi and Rinvoq are expected to drive Q3 growth, offset Humira's ongoing decline and face rising competition in the immunology market.

Skyrizi and Rinvoq are growing fast, a blockbuster acquisition just closed, and the FDA handed AbbVie a fresh approval, yet the stock sits just shy of a price target that has Wall Street divided between a $297 bull case and
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