AbbVie Inc
ABBV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #gG | LOCK|%R@ | LOCK|>z&pq% |
AbbVie's Solid Immunology Portfolio and Innovative Pipeline Support a Wide Moat
Business Strategy and Outlook
AbbVie holds a strong portfolio of marketed and pipeline drugs. While biosimilar competition to key drug Humira pushed down overall revenue in 2023, AbbVie returned to growth in 2024 as newer immunology therapies Skyrizi and Rinvoq have been able to mitigate these losses.
