DailyIQ
Last updated 9 minutes ago

ABBV·AbbVie Inc.

$225.11
+0.76 (+0.34%)
High
$225.75
Open
$225.04
Market Cap
404.24B
52W High
$244.81
Low
$223.11
P. Close
$224.35
P/E
169.28
52W Low
$164.39
Technical Score (1D)
55
BUY
News Sentiment
85
BULLISH

What’s happening to ABBV today?

The FDA approved ABBV's VENCLEXTA in combination with acalabrutinib for previously untreated adult patients with chronic lymphocytic leukemia (CLL), representing a new treatment option. This approval, based on positive Phase 3 AMPLIFY trial data, could drive increased revenue in the oncology segment. The alopecia areata market, where ABBV's RINVOQ is a key therapy, is projected to grow substantially through 2036, potentially boosting long-term sales. AbbVie's board declared a quarterly cash dividend of $1.73 per share, payable May 15, 2026, reflecting a continued commitment to shareholder returns. This dividend increase, alongside a history of consistent growth, may attract income-focused investors. Recent financial results and the 2026 outlook signal positive momentum, driven by advancements in immunology assets. The company's diverse treatment portfolio across multiple therapeutic areas and its ability to adapt its pipeline position it favorably for long-term investment. Investors should watch for further updates on the company's pipeline progress and the performance of its key therapies in the coming quarters.