Walgreens Stock has a mixed performance in 2024 ;
Walgreens Stock Boots Alliance (WBA) is in a rather mixed shape in 2024, which indicates a rather difficult time for the company. The analysts have set a 12-month price target of $12.58 on average, which is about 19.5% upside from the current price of $10.53. Nevertheless, the stock has a ‘Hold’ consensus because of the general uncertainties regarding its performance and growth.
Walgreens Boots Alliance (WBA) Revenue Growth ; Revenues are expected to grow modestly; for 2024, the estimates are $150.24 billion, which is 1.75% up from 2023. Nevertheless, the EPS has been quite volatile, with the recent decline being ascribed to the restructuring and macroeconomic factors.
People are watching Walgreens transform its strategy toward healthcare services, pharmacy modernization, and digital innovation as an investor cautious agenda. However, there are major challenges that include competitive pressures and declining foot traffic in retail stores.
