Meaningful negative changes in fundamentals have recently occurred for Alkermes Plc (NASDAQ: ALKS): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Alkermes Plc (NASDAQ: ALKS): its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Alkermes has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Alkermes has a neutral Power Rating of 45 but a poor Appreciation Score of 26, leading to the Negative Value Trend Rating.
Recent Price Action
Alkermes Plc (NASDAQ: ALKS) stock enjoyed a large increase of 3.9% on 11/22/24. The stock closed at $28.78. This advance was accompanied by normal trading volume. The stock has risen 1.5% during the last week and has performed in line with the market over the last nine months.
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