Elanco Animal Health Incorporated (ELAN)

Elanco Animal Health Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Elanco Animal Health stock have an average target of 15, with a low estimate of 12 and a high estimate of 19. The average target predicts an increase of 42.86% from the current stock price of 10.50.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$12	$15	$15	$19
Change	+14.29%	+42.86%	+42.86%	+80.95%

Analyst Ratings

The average analyst rating for Elanco Animal Health 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	2	2	3	2	2	2
Buy	1	1	1	1	1	1
Hold	2	2	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	0
Total	6	6	8	7	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $16 → $12	Hold	Maintains	$16 → $12	+14.29%	Mar 6, 2025
Andrea Alfonso UBS	UBS	Strong Buy Maintains $18 → $17	Strong Buy	Maintains	$18 → $17	+61.90%	Feb 26, 2025
Erin Wright Morgan Stanley	Morgan Stanley	Hold Maintains $14 → $13	Hold	Maintains	$14 → $13	+23.81%	Feb 26, 2025
Jonathan Block Stifel	Stifel	Strong Buy Maintains $16 → $15	Strong Buy	Maintains	$16 → $15	+42.86%	Feb 26, 2025
Balaji Prasad Barclays	Barclays	Buy Maintains $20 → $19	Buy	Maintains	$20 → $19	+80.95%	Feb 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.58B

Increased by 3.20%

from 4.44B

Revenue Next Year

4.78B

Increased by 4.26%

from 4.58B

EPS This Year

0.84

Increased by 24.22%

from 0.68

EPS Next Year

0.98

Increased by 16.54%

from 0.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.27B	4.76B	4.41B	4.42B	4.44B	4.58B	4.78B	4.98B
Revenue Growth	6.51%	45.64%	-7.41%	0.14%	0.50%	3.20%	4.26%	4.21%
EPS	-1.30	-0.99	-0.16	-2.50	0.68	0.84	0.98	1.11
EPS Growth	-	-	-	-	-	24.22%	16.54%	13.19%
Forward PE	-	-	-	-	-	12.43	10.67	9.42
No. Analysts	-	-	-	-	-	18	18	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	4.8B	5.0B	5.2B
Avg	4.6B	4.8B	5.0B
Low	4.4B	4.5B	4.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	8.1%	8.8%	9.6%
Avg	3.2%	4.3%	4.2%
Low	-1.9%	-1.0%	-2.1%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	0.90	1.05	1.22
Avg	0.84	0.98	1.11
Low	0.78	0.89	1.00

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	32.8%	24.3%	23.7%
Avg	24.2%	16.5%	13.2%
Low	15.3%	5.6%	1.5%

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.