Abbv stock price forecast remains stable despite sector-wide selloffs, as dividend stability and earnings consistency provide downside protection. Mondelez International (MDLZ) is down more than -1% after Berenberg downgraded the stock to hold from buy. Shares of ABBV closed down marginally on Jul. 31, despite reporting stronger-than-expected Q2 earnings results. The company’s revenue improved 6.6% year-over-year to $15.4 billion, surpassing consensus estimates by 2.3%. Further, its adjusted EPS came in at $2.97, up 12.1% from the prior-year quarter and 2.8% above analyst estimates. Additionally, ABBV raised its fiscal 2025 adjusted EPS guidance in the range of $11.88 to $12.08. While the stock edged lower that day, it rose 3.3% in the following trading session.
