Elanco Animal Health Incorporated (ELAN)
NYSE: ELAN · Real-Time Price · USD
14.19
+0.07 (0.50%)
Nov 13, 2024, 4:00 PM EST - Market closed

Elanco Animal Health Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for ELAN stock have an average target of 17, with a low estimate of 14 and a high estimate of 20. The average target predicts an increase of 19.80% from the current stock price of 14.19.

Analyst Consensus: Buy
Target Low Average Median High
Price $14 $17 $17 $20
Change -1.34% +19.80% +19.80% +40.94%

Analyst Ratings

The average analyst rating for ELAN stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222222
Buy 222111
Hold 111222
Sell 000000
Strong Sell 111111
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Buy
Maintains
$19$20
Buy Maintains $19$20 +40.94% Nov 8, 2024
Barclays
Barclays
Buy
Maintains
$22$19
Buy Maintains $22$19 +33.90% Oct 28, 2024
Barclays
Barclays
Buy
Maintains
$21$22
Buy Maintains $21$22 +55.04% Sep 23, 2024
Stifel
Stifel
Strong Buy
Reiterates
$20
Strong Buy Reiterates $20 +40.94% Sep 19, 2024
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$17$15
Hold Downgrades $17$15 +5.71% Sep 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
4.52B
from 4.42B
Increased by 2.22%
Revenue Next Year
4.64B
from 4.52B
Increased by 2.77%
EPS This Year
0.94
from -2.50
EPS Next Year
0.96
from 0.94
Increased by 1.96%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
3.07B3.27B4.76B4.41B4.42B4.52B4.64B4.85B
Revenue Growth
0.14%6.51%45.64%-7.41%0.14%2.22%2.77%4.46%
EPS
0.18-1.30-0.99-0.16-2.500.940.961.10
EPS Growth
-34.72%-----1.96%14.90%
Forward PE
-----15.0914.8012.88
No. Analysts -----161613
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 4.7B 4.8B 5.1B
Avg 4.5B 4.6B 4.8B
Low 4.3B 4.4B 4.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
5.5%
7.3%
10.8%
Avg
2.2%
2.8%
4.5%
Low
-3.5%
-2.1%
-1.6%

EPS Forecast

EPS 20242025202620272028
High 1.00 1.10 1.26
Avg 0.94 0.96 1.10
Low 0.88 0.80 0.98

EPS Growth

EPS Growth 20242025202620272028
High -
17.3%
31.5%
Avg -
2.0%
14.9%
Low -
-14.6%
2.2%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.