Market Pulse44Neutral

AbbVie Inc.Opportunity Rank #144(ABBV) Intrinsic Value & DCF Analysis (2026)

Sector: Healthcare

Current Price

$230.06

Last updated: Jun 23, 2026

Price vs Intrinsic Value

$230.06
Price
$244.27
Intrinsic Value
Undervalued by 6%MOS: $195.42

Fundamental Score

37/100
Bearish

Weighted across 6 signals

Narrative Score

80/100
Strong

No change vs previous

Trend Score

60/100
Constructive

As of 2026-06-22

The intrinsic value of AbbVie Inc. (ABBV) is estimated at $244.27 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $230.06, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 6.14% long-term growth rate and an 8.00% discount rate (calculated: 7.17%), reflecting expected future free cash flow and cost of capital.

The intrinsic value of AbbVie Inc. (ABBV) is estimated at $244.27 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $230.06, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 6.14% long-term growth rate and an 8.00% discount rate (calculated: 7.17%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$244.27
6.18% upside
20% margin of safety: $195.42
Years: 10Growth Rate: 6.14%
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Capital Efficiency

Average Quarterly ROIC
1.99%
Cost of Capital (estimated)11%
Value StatusUnderperforming Capital

The company is earning below its required return. This may indicate inefficient use of capital or excess cash that isn't being reinvested.

Complete historical ROIC is available with
.

Fundamental Details

37/100
BearishWeighted across 6 signals
DCF Discount
6.2% discount to price
60
FCF Yield
5.3% trailing FCF yield
83
ROIC vs WACC
ROIC 2.0% vs WACC 11.0% (0.2x)
9
Net Debt / FCF
2.9x net debt to FCF
2
Buybacks
Share count flat
50
FCF CAGR (5Y)
3.3% 5Y FCF CAGR
25
Strengths: FCF Yield. Concerns: ROIC vs WACC, Net Debt / FCF.

Narrative Details

80/100
Strong
Vs 6-Month Baseline:Above Avg (60th pct)Weighted across 5 recent drivers
Trend: StableConfidence: 100%Updated: 3h ago
Sources: 183 (173 News · 10 Analyst)
Drivers(last 30 days)
143 news sentiment+6.4
26 regulatory scrutiny+1.2
Legal risk+0.4
3 earnings beat+0.0
10 analyst reiterations0.0

Trend Details

60/100
ConstructiveAs of 2026-06-22308 daily bars used
Distance from 52-Week High-5.9%
Price vs 50 EMA+6.2%
Price vs 21 EMA+4.4%
Price vs 21 EMA75 · +4.4%
Price vs 50 EMA77 · +6.2%
21 EMA vs 50 EMA64 · +1.7%
3M RS vs SPY39 · -2.6%
6M RS vs SPY28 · -8.3%
Distance from 52W High88 · -5.9%

Investment Coach

Updating... 12d ago
WATCHConfidence: 45%
Thesis
AbbVie Inc. shows a supportive narrative with an improving score of 80 and a valuation implying a 15.5% upside, but fundamentals remain weak with a bearish score of 40 and returns trailing the cost of capital. The company’s free cash flow growth and buybacks provide some positive signals despite a negative ROIC versus WACC spread.
Key Risk
The key risk is that AbbVie's returns on invested capital continue to lag its weighted average cost of capital, undermining value creation.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 6.14%5 Year CAGR (Adjusted): -0.89%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009
$21,583$20,244$19,780$23,616$25,638$23,564$18,386$13,876$14,065$10,489$7,520$8,067$4,161$6,758$6,678$6,602$5,424$5,680

How Intrinziq Estimates Fair Value

Intrinziq estimates AbbVie Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

AbbVie Inc.Healthcare

AbbVie Inc. is a global biopharmaceutical company dedicated to the discovery, development, manufacturing, and commercialization of advanced medicines. Its extensive therapeutic portfolio encompasses several key areas: Immunology and Inflammation: Leading products include HUMIRA, an injectable therapy for autoimmune and intestinal Behçet's diseases; SKYRIZI, which addresses moderate to severe plaque psoriasis in adults; and RINVOQ, a JAK inhibitor for moderate to severe active rheumatoid arthritis in adult patients. Oncology and Hematology: For blood cancers, AbbVie provides IMBRUVICA and VENCLEXTA (a BCL-2 inhibitor), both indicated for adult patients with chronic lymphocytic leukemia (CLL) and small lymphocytic lymphoma (SLL). Virology: MAVYRET offers a treatment option for individuals with chronic HCV genotype 1-6 infection. Gastroenterology and Endocrinology: The company supplies CREON, an enzyme replacement therapy for exocrine pancreatic insufficiency, and Synthroid, used to manage hypothyroidism. Linzess/Constella helps treat irritable bowel syndrome with constipation (IBS-C) and chronic idiopathic constipation. Women's Health and Urology: Lupron serves as a palliative treatment for conditions like advanced prostate cancer, endometriosis, central precocious puberty, and anemia caused by uterine fibroids. ORILISSA, a nonpeptide small molecule GnRH antagonist, is designed for women experiencing moderate to severe endometriosis pain. Neurology: AbbVie offers Duopa and Duodopa, a levodopa-carbidopa intestinal gel for Parkinson's disease, and Ubrelvy to treat migraines (with or without aura) in adults. The therapeutic formulation of Botox is also part of its offerings. Ophthalmology: Its eye care segment features Lumigan/Ganfort (a bimatoprost ophthalmic solution) and Alphagan/Combigan (an alpha-adrenergic receptor agonist), both aimed at reducing elevated intraocular pressure (IOP) in patients with open-angle glaucoma (OAG) or ocular hypertension. Restasis, a calcineurin inhibitor immunosuppressant, is provided to enhance tear production, alongside other specialized eye care products. AbbVie Inc. also engages in research collaborations, including a partnership with Dragonfly Therapeutics, Inc. The company was founded in 2012 and operates from its headquarters in North Chicago, Illinois.