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ABBV — AbbVie Inc.

ABBV (AbbVie Inc.) stock: $291.27, $514.85B market cap, $10.77B cash, $568.58B EV, $518.77B fully diluted market cap. Data from Fully Diluted's biotech stocks database.

What they do

AbbVie or "the company" refer to AbbVie Inc., or AbbVie Inc. and its consolidated subsidiaries, as the context requires. AbbVie is a global, diversified research-based biopharmaceutical company positioned for success with a comprehensive product portfolio that has leadership positions across immunology, neuroscience, oncology and aesthetics.

Source: 10-K FY2025 via SEC EDGAR

Share price
$291.27
Market cap
$514,853.6M
Cash
$10,774.0M
Enterprise value
$568,582.6M

Balance sheet

Cash$10,774.0M
Debt$64,503.0M
Net cash-$53,729.0M
Enterprise value$568,582.6M
Basic shares1,767.6M shares
Fully diluted shares1,781.1M shares
Fully diluted market cap$518,768.3M
Cash per share$6.10
Quarterly burn+$3,436.0M generated

Cash figures as of 2026-09-30. Database snapshot: 2026-11-07.

Share structure

Common
1,767.1M
Pre-funded warrants
0.0M
Options
4.4M
RSUs
9.6M
Warrants
0.0M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
0.0M
FDSO
1,781.1M

Cap table as of 2026-06-30.

Price history

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Next catalyst

Adalimumab · Now - Nov 24, 2026 Now · Phase 3 · Juvenile Psoriatic Arthritis

Recently reported

Livmoniplimab Phase 2/3 Negative · 2026-11-03
ABBV-151
Primary: No trial endpoint result was reported; the item is AbbVie's decision to discontinue livmoniplimab development, including its Phase 2/3 trial in non-squamous non-small cell lung cancer — AbbVie discontinued clinical development of livmoniplimab because its potential benefit appeared limited relative to the current standards of care available for patients with several solid tumors; no new efficacy data were disclosed
· Phase 1 hepatocellular carcinoma study reported in 2024: overall response rate 42% for livmoniplimab plus budigalimab in 12 patients
· Phase 2/3 non-squamous NSCLC trial of livmoniplimab plus budigalimab against pembrolizumab began in 2024 and had been due to read out in 2031
Safety: not disclosed
Source release →
Lutikizumab Phase 3 Positive · 2026-10-22
Primary: HiSCR75 at Week 16 (at least a 75% reduction from baseline in the total abscess and inflammatory nodule (AN) count, with no increase in abscess count and no increase in draining fistula count relative to baseline) — 31.4% versus 23.4%; p≤0.001
· Met 8 ranked secondary endpoints
· NRS3 (at least a 3-point reduction in HS-related skin pain) at Week 8: 26.2% vs 15.0% (p<0.0001)
· NRS30 at Week 8: 36.0% vs 22.8% (p<0.0001)
· HS flares over the first 16 weeks: 18.4% vs 28.1% of patients experienced flares (p<0.0001)
· 1,400 patients randomized 1:1 to lutikizumab SC or placebo (adults and adolescents, moderate to severe HS)
· Regulatory submissions planned in the second half of 2027, supported by 36-week blinded extension data expected in 2027
Safety: Generally well tolerated, no new safety concerns identified; any AE 53.4% vs 53.7%, serious AE 3.0% vs 2.9%, AEs leading to discontinuation 1.7% vs 1.9%; no deaths in the lutikizumab group, one death in the placebo group
Source release →
ABBV-466 Phase 2 Positive · 2026-10-19
TARGET-CD · moderate to severe Crohn's disease
Primary: Endoscopic remission at Week 12 (SES-CD ≤4 and no subscore greater than 1 in any individual variable) in the Phase 2a TARGET-CD study (NCT06548542) — 30.2% of patients treated with ABBV-466 achieved endoscopic remission at Week 12, compared to 21.3% receiving anti-IL-23 p19 (risankizumab) monotherapy and 18.0% receiving anti-α4β7 (trosunilimab) monotherapy
· Week 24 endoscopic remission: 40.5% ABBV-466 versus 22.4% risankizumab monotherapy and 20.0% trosunilimab monotherapy
· 300 patients randomized 1:1:1 (106 ABBV-466, 94 risankizumab, 100 trosunilimab); 75% had failed at least one advanced therapy, 25% had failed three or more
· Gene expression analysis showed intestinal tissue repair and barrier restoration by Week 12, with tissue remodeling and metabolic changes at Week 24, generally not observed with either monotherapy
· Presented as a late-breaking abstract at UEG Week 2026 on October 19, 2026
Safety: Serious adverse events 10.4% for ABBV-466, comparable to risankizumab monotherapy (9.6%) and trosunilimab monotherapy (9.0%); most common adverse events (≥5%) were Crohn's disease and nausea in the ABBV-466 and trosunilimab arms, and Crohn's disease and arthralgia in the risankizumab arm
Source release →
Risankizumab SC Phase 3 Mixed · 2026-10-13
crohn's disease
Primary: Endoscopic remission and ulcer-free endoscopy at Weeks 12 and 24 in Phase 3 AFFIRM (study co-primary endpoints were CDAI clinical remission and endoscopic response at Week 12, previously reported) — Week 24 endoscopic remission 35.8% on subcutaneous SKYRIZI vs 9.1% on placebo; Week 24 ulcer-free endoscopy 36.6% vs 9.1%
· Week 12 endoscopic remission 27.7% vs 10.2% placebo; Week 12 ulcer-free endoscopy 26.2% vs 10.2%
· Week 24 endoscopic remission in advanced therapy-naive patients 45.1% and in advanced therapy inadequate responders 30.1%
· Week 24 ulcer-free endoscopy in advanced therapy-naive patients 49.0% and in inadequate responders 28.9%
· AFFIRM (NCT06063967) randomized 289 patients 2:1 to risankizumab SC or placebo; 65% had previously failed advanced therapies
· Data presented at the ACG 2026 Annual Scientific Meeting and support the FDA application for a subcutaneous induction regimen, currently under FDA and EMA review
Safety: Safety through Week 24 consistent with the known risankizumab profile; no new safety signals identified
Source release →
Epcoritamab Phase 3 Positive · 2026-10-05
DLBCL-2
Source release →
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