AbbVie Inc. (NYSE: ABBV) ended Monday’s regular session (December 22, 2025) modestly higher, then slipped in early after-hours trading as investors headed into a holiday-shortened week with Washington drug-pricing headlines still hanging over large-cap pharma.
ABBV closed up about 0.48% at $227.91 in Monday’s session. MarketWatch
In extended trading, ABBV was quoted around $226.05 at about 5:15 p.m. ET, down roughly 0.82% from the regular-session close. Yahoo Finance
After-hours moves can be noisy—particularly in late December when liquidity thins—so the more important question for Tuesday (December 23) is what could actually change the narrative before the opening bell.
AbbVie stock price recap: where ABBV stands after the bell
Monday’s tape was more about “steady” than “surprising” during normal hours:
- Regular-session close: $227.91 (+0.48%) MarketWatch
- After-hours snapshot (early evening): ~$226.05 (-0.82% vs close) Yahoo Finance
- Day’s range: roughly $224.25 to $228.65 StockAnalysis
- Volume: about 4.8 million shares StockAnalysis
- 52-week range:$164.39 to $244.81 (ABBV remains below its early-October peak) StockAnalysis
That combination—an inside-ish day near the middle-to-upper part of the 52-week range, followed by a mild after-hours fade—often reflects positioning and low-liquidity price discovery rather than a new fundamental signal.
The biggest headline risk for ABBV right now: U.S. drug-pricing deals and “TrumpRx”
The most important “overhang” for the group (and for AbbVie) remains federal drug-pricing pressure—specifically the Trump administration’s push for “most-favored-nation” (MFN) style pricing commitments and a direct-to-consumer channel linked to TrumpRx.
On December 19, Reuters reported that nine major drugmakers struck deals with the White House that include cuts on many drugs sold to Medicaid and select cash-pay/direct-to-consumer price reductions, alongside commitments tied to MFN-style launch pricing and increased U.S. manufacturing—in exchange for three-year tariff exemptions. Reuters
Crucially for AbbVie investors, Reuters also reported that AbbVie, Johnson & Johnson, and Regeneron were the remaining large holdouts at that time—and that officials said those three would visit the White House after the holidays connected to the TrumpRx rollout; all three companies confirmed they were in conversations with the administration. Reuters
MarketWatch similarly noted that AbbVie was among the remaining companies expected in future agreements. MarketWatch
Why this matters for ABBV before Tuesday’s open
For a mega-cap drugmaker, the stock impact isn’t just about “price cuts” in a headline sense—it’s about:
- whether the framework changes net pricing power over time,
- whether it affects launch economics for new medicines,
- and whether it introduces policy-driven volatility into what is typically viewed as a defensive, dividend-friendly stock.
The market’s reaction so far across pharma has been muted at times (some peers even rose on “clearing event” relief), but for ABBV specifically, the key near-term swing factor is whether there’s any fresh signal that AbbVie is nearing a deal—or pushing back. Reuters
Analyst forecasts today: price targets still point higher, despite a late-year pullback
While policy risk can create headline-driven downdrafts, Wall Street’s broader stance on AbbVie remains constructive—built around the post-Humira transition being carried by Skyrizi and Rinvoq, plus the company’s cash-return story.
Fresh analysis circulating Monday emphasized that recent revisions skew supportive, with upgrades/price-target increases outweighing a smaller number of downgrades, keeping the longer-term uptrend “intact.” Investing
Across widely followed consensus compilations:
- StockAnalysis lists an average analyst price target around $242.28 (mid-single-digit upside from current levels), with a consensus “Buy” stance. StockAnalysis
- MarketBeat’s consensus target is higher at about $245.84, and shows a wide range (roughly $194 to $289)—a reminder that pipeline and policy assumptions drive big differences in valuation work. MarketBeat
What this means for Tuesday
If Tuesday is quiet on policy, ABBV often trades more like a “rate-and-defensive” proxy—reacting to Treasury yields, broader risk appetite, and sector flows. If Tuesday brings a drug-pricing headline, ABBV can trade like a political story first and a fundamentals story second.
Dividend watch: a key support pillar into 2026
Income-focused investors still treat AbbVie as a core large-cap healthcare holding, and dividend visibility remains a major part of the bull case.
Several market data sources list AbbVie’s next ex-dividend date as January 16, 2026, with an annualized dividend around $6.92 (about a ~3% yield, depending on the share price). StockAnalysis
Earlier company coverage tied the current quarterly run-rate to AbbVie’s announced dividend increase to $1.73 per share, up from $1.64. Barron’s
Why it matters before the open: In a low-liquidity holiday tape, dividend/defensive names can become “parking spots” when investors reduce exposure—unless a policy headline re-risks the group.
Fundamentals in focus: the post-Humira transition still drives the narrative
AbbVie’s multi-year story has been about replacing Humira-era concentration with a broader portfolio—and investors continue to anchor to the strength of key immunology franchises.
Recent coverage highlighted continued momentum in the “two-engine” immunology setup—Skyrizi and Rinvoq—as the company rebalances its revenue mix. BioSpace
That fundamental backdrop is why many analyst notes remain more focused on durability of growth and pipeline optionality than on any single after-hours tick.
What to know before the stock market opens Tuesday, Dec. 23, 2025
Here’s the practical checklist for ABBV traders and long-term investors heading into Tuesday morning.
1) Tuesday’s macro data can move defensives (and dividend stocks)
The U.S. calendar for Tuesday, Dec. 23 includes several potentially market-moving releases—commonly watched for their impact on yields and risk sentiment—such as GDP and durable goods in the morning and consumer confidence later in the day. MarketWatch
Even if AbbVie has no company-specific news, a sharp move in rates can spill into big dividend payers.
2) Expect “thin tape” dynamics through Christmas
Reuters flagged that this is a holiday-shortened week, with lighter trading expected. Reuters
The NYSE also notes an early close at 1:00 p.m. ET on Wednesday, Dec. 24, 2025, with markets closed Thursday for Christmas—conditions that can amplify price swings and widen spreads, especially outside regular hours. NYSE
3) Policy headlines remain the fastest way to reprice the group
The MFN/TrumpRx framework is still evolving, and AbbVie remains one of the last major names publicly identified as being in talks. Reuters
Any overnight report hinting at:
- deal timing,
- scope of price concessions,
- or new requirements tied to launches/manufacturing
could matter more than typical technical levels.
4) Key near-term levels traders are watching
Based on widely cited market data, ABBV is hovering near its 50-day moving average (~$226–$227 area) and remains below the $244.81 52-week high. StockAnalysis
That makes the mid-$220s a psychologically important zone if risk-off headlines appear, while a stable policy backdrop could refocus attention on analyst targets in the low-to-mid $240s range. StockAnalysis
Bottom line for ABBV heading into Tuesday’s open
AbbVie stock finished Monday higher in regular trading, then eased in early after-hours—an unsurprising pattern for late-December sessions where liquidity can exaggerate modest order flow. MarketWatch
For Tuesday morning (Dec. 23), the two variables most likely to matter are:
- Washington headlines on MFN drug pricing/TrumpRx—because ABBV remains a named company still in discussions, and any clarity can shift sentiment quickly. Reuters
- Macro data that moves rates and risk appetite, in a week where reduced volume can magnify reactions. Investopedia