Jefferies analyst Young Li has maintained their bullish stance on ALC stock, giving a Buy rating today.
Young Li has given his Buy rating due to a combination of factors that indicate a promising outlook for Alcon. The company is expected to outperform in the latter half of 2025 and into 2026, driven by significant product launches across nearly all segments. Alcon’s long-range plan (LRP) guidance suggests a robust revenue growth of 6-8% and an EPS growth of 12-15% through 2029, which has led to an increase in future estimates and a raised price target of $115.
Alcon’s strategy includes a focus on innovation and new product launches, which are anticipated to drive growth beyond market averages. The company plans to increase its research and development spending to accelerate product flow and leverage operational efficiencies. Additionally, Alcon’s strong balance sheet and cash flow generation allow for flexibility in mergers and acquisitions, further supporting its growth potential. These factors contribute to Young Li’s positive outlook and Buy rating for Alcon’s stock.
In another report released today, Needham also reiterated a Buy rating on the stock with a $110.00 price target.