Pfizer (PFE) stock forecast for 2022 and beyond

Pfizer is one of the world’s largest and best known pharmaceutical companies. Use this guide to find out the latest Pfizer stock price forecasts.
By:
Updated: May 16, 2022

This page explores the latest Pfizer stock price forecasts from leading investment analysts. We have compiled a selection of PFE price predictions for both the long and short term to help you time your investment into it. 

PFE stock forecast & price target

The majority of analysts are of the opinion that holding Pfizer shares is the best option. Most expect its price to rise, although how much upside potential it has is up for debate. The highest PFE stock price forecast comes in at $76, while the lowest is $49. Below we’ve summarised the latest Pfizer stock price predictions and provided an average.

StockAverage price targetHighest targetLowest targetMajority guidance
Pfizer (PFE)$55$76$49HOLD
Analyst price targets for Tesla stock, updated May 16, 2022

Expert forecasts on the future of Pfizer (PFE)

Below you will find a selection of quotes from the most prominent expert opinions on the future of the stock, helping you gain an insight into what the analysts think.

Our views on Pfizer come down to that we estimate around one-third of its current valuation is attributed to the COVID-19 vaccine and therapeutic and we feel the trajectory for both remains highly uncertain.

Chris Shibutani, Goldman Sachs, $51 price target

With an implied core multiple already well above peers facing mid- to late-decade patent expirations , we see PFE shares as fully valued at current levels and believe it is unlikely vaccine upside alone can drive shares meaningfully above current levels”

Chris Schott. JP Morgan, $57 price target

Short term PFE forecast

In the short term the general consensus is that Pfizer’s stock price may see little movement. The pandemic and subsequent vaccine helped push the company’s share price much higher and analysts believe it will likely stay flat. Below are expert PFE stock price forecasts for the next two years. 

Pfizer stock price prediction 2022

Pfizer’s stock price may climb to $55 in 2022. That figure is the average forecasted price from the 19 analysts who have given price targets. $55 is just short of where its price opened in 2022 at $58.50. 

Pfizer stock price prediction 2023

In 2023 Pfizer’s stock price could reach $60.65. That target has been reached using the same average growth forecast from the previous year. If it does get there, it will be just shy of its all-time high set in late 2021 at $61.71.

Long term PFE forecast

Most experts tend not to provide long term forecasts, however for large companies like Pfizer, some have. Below is a summary of Pfizer stock price forecasts for the remainder of the decade. It’s important to note that longer term predictions are more speculative in nature. 

Pfizer price prediction 2024

PFE’s stock price could be trading at $70 in 2024. That price is inline with analysts at Bank of America who in January 2022 upgraded their rating from neutral to buy for the company. 

Pfizer price prediction 2025

In 2025 Pfizer’s stock price is forecast to be between $70 – $90. The most bullish price forecast is $76 from BMO Capital Markets, although other analysts expect strong momentum from the company within the next several years. 

Pfizer price prediction 2030

Some experts have suggested that Pfizer’s stock could break above $100 by the end of the decade. However, a lot needs to fall into place between now and then for its stock price to hit triple digits. 

Compare the best places to buy Pfizer stock

If you agree with the experts and want to buy some Pfizer stock you’ll need to use an online broker to do so. Check out the table below which includes a list of the best brokers around for buying PFE stock. Click on any of the links to get started in just a few minutes.

1
Min. Deposit
$10
Promotion
User Score
10
Trade/invest in stocks with just $10
Deposit with ACA, Wire, Pay with my bank
Invest for dividends and get payout on stocks on Ex-Dividend day
Start Trading
Description:
eToro is a multi-asset investment platform with more than 2000 assets, including FX, stocks, ETF’s, indices and commodities. eToro users can connect with, learn from, and copy or get copied by other users. Buying stocks on eToro is free and you can invest with as little as $50.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Investoo Ltd is compensated if you access certain of the products or services offered by eToro USA LLC and/or eToro USA Securities Inc., as applicable. This compensation incentivizes Investoo Ltd to describe those products and services in favorable terms. Any testimonials contained in this communication may not be representative of the experience of other eToro customers and such testimonials are not guarantees of future performance or success.
2
Min. Deposit
$0
Promotion
User Score
9.3
$0 commission and $0 Options contract fees
Upgraded research with advanced charts
Smart Menus for faster trades
Start Trading
Description:
Firstrade is a leading online brokerage firm offering a full line of investment products and tools designed to help investors like you take control of your financial future. Since its founding in 1985, Firstrade has been committed to providing high value and quality services to help you reach your financial goals.
Payment Methods
Full regulations list:
3
Min. Deposit
$500
Promotion
User Score
8.7
We offer one of the best execution speeds in the industry with low latency
Award-winning support in 14 languages
Trade with precision from 0.5 pips on EURUSD
Start Trading
Description:
Founded in Switzerland, ActivTrades has been around since 2001, which means it has more than two decades of experience in the fintech industry. The independent brokerage house started as a small firm, but it is now a global retail and institutional broker. In 2005, ActivTrades moved its HQ to London, and it began growing rapidly through Europe. ActivTrades offers a lot of benefits to its clients, including educational tools, rewards programs, competitive spreads, and the use of MetaTrader 4 and MetaTrader 5, two industry-leading platforms.
Payment Methods
Bank Transfer, Bank Wire, Credit Card, Debit Card, PayPal, Sofort, neteller, skrill
Full regulations list:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What affects the price of PFE?

Pfizer is one of the largest pharmaceutical companies in the world so it’s little surprise that medicines and vaccines are key drivers in its performance. There are a range of different factors that impact its stock price and below we’ve briefly explained a few of the top ones. 

  • Medicines and vaccines. During the pandemic Pfizer became somewhat of a household name when it delivered a covid19 vaccine. However, it’s not just vaccines it develops and medicines are a large part of its revenue. Its ability to create new medicines will be reflected in its share price. 
  • Covid. In 2021 Pfizer made $37 billion from its Covid vaccine. Thanks to the jab, its revenue doubled to over $80 billion from 2020. It’s in the process of developing a Covid pill which it expects will add to sales. Any new Covid variants will likely be positive for the company, who are one of the world’s few covid19 vaccine suppliers. 
  • Competition. The pharmaceutical industry is massive and has lots of key players operating within it. Pfizer has stiff competition from the likes of Roche, Eli Lilly, Abbvie, and Novartis. These companies develop similar drugs to that of Pfizer and the race to cure illnesses like cancer between the businesses is ongoing. 

How has the Pfizer price changed over time?

It’s been a strong performer for the past decade or so. Since 2009 its stock price has been on a steady incline and has increased by over 400%. Unsurprisingly, the past couple of years have been extremely good for the company. Following its development and release of its Covid19 vaccine, shares in the company have more than doubled. 

What should I do now?

Now that you have some expert opinions and forecasts on Pfizer stock you may want to consider buying shares in the company. To do so you’ll need to register with an online brokerage firm. Alternatively to learn more about the stock market you can check out our hub page with free courses. Whatever you decide, it’s a good idea to keep up to date with the latest news and market analysis, which you can do so by the links below.

Latest Pfizer news

Biohaven Pharmaceuticals Holding Company Ltd. (NYSE: BHVN) was up 70% after the company and Pfizer Inc. (NYSE: PFE) entered a definitive agreement under which Pfizer would acquire the NURTEC ODT maker. NURTEC ODT is a novel dual-acting medicine for migraine that is licensed for acute treatment and episodic…
Shares of Pfizer Inc (NYSE: PFE) are slightly up this morning after the pharmaceutical giant reported market-beating results for its fiscal Q1 on strong sales of its COVID treatments. Pfizer Q1 financial highlights Net income printed at $7.864 billion that translates to $1.37 a share.In Q1…


Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.