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AbbVie Stock: Skyrizi and Rinvoq Already Cleared 2027 Guidance, But Does the Discount Still Make Sense?
AbbVie’s immunology drugs, Skyrizi and Rinvoq, have already surpassed the company’s 2027 revenue guidance, demonstrating robust growth following the Humira patent cliff. Despite this strong performance and projected EPS recovery, AbbVie stock appears undervalued, trading at a lower multiple than its growth profile suggests. The company faces competitive risks from new oral psoriasis treatments and regulatory pressures on key products, yet analysts largely maintain positive outlooks, anticipating further growth from its diverse pipeline.