NORTH CHICAGO, Ill. — Shares of AbbVie Inc. advanced 3.2% in morning trading Tuesday, reaching a fresh 52-week high as investors positioned ahead of the company's second-quarter earnings report and continued to focus on the strength of its immunology portfolio and recent pipeline moves.

AbbVie stock rose $8.20 to $265.05 as of 11:16 a.m. EDT, extending a multi-month rally that has lifted the shares more than 30% over the past three months. The move pushed the stock into new high territory amid elevated interest in the company's key growth drivers, Skyrizi and Rinvoq, and anticipation of results due Friday, July 31.

The pharmaceutical company is scheduled to report second-quarter 2026 financial results before the market opens on July 31, followed by a conference call. Analysts are watching for updates on revenue growth, the performance of its immunology franchise, and any further commentary on full-year guidance after an earlier adjustment related to acquired in-process research and development expenses.

In the first quarter, AbbVie delivered worldwide net revenues of $15.0 billion, up 12% on a reported basis and 10% on a constant-currency basis. Adjusted earnings per share came in at $2.65, exceeding the consensus estimate of $2.59. The company raised its full-year adjusted EPS guidance at that time.

Chairman and Chief Executive Officer Robert A. Michael said at the time: "AbbVie is off to an excellent start to the year, with first quarter results exceeding our expectations across our diverse portfolio. We are delivering top-tier growth and continue to strengthen our long-term outlook with pipeline advancements and strategic transactions."

Skyrizi........

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