Elanco Animal Health Incorporated (ELAN)
NYSE: ELAN · Real-Time Price · USD
23.54
+0.99 (4.39%)
At close: Oct 15, 2026, 4:00 PM EDT
23.00
-0.54 (-2.29%)
After-hours: Oct 15, 2026, 7:30 PM EDT

Elanco Animal Health Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Elanco Animal Health stock has a consensus rating of "Buy" and an average price target of $31. The average 1-year stock price forecast is 31.69% higher than the current stock price, while the lowest is $26 (+10.45%) and the highest is $34 (+44.44%).

Price Target: $31 (+31.69%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$26$31$31$34
Change+10.45%+31.69%+31.69%+44.44%

Analyst Ratings

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

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111111111010
Buy555444
Hold111222
Sell000000
Strong Sell000000
Total171717171616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Leerink Partners
Leerink Partners
Buy
Reiterates
$34
BuyReiterates$34+44.44%Oct 1, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Reiterates
n/a
BuyReiteratesn/an/aSep 18, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$32
BuyReiterates$32+35.94%Aug 24, 2026
Barclays
Barclays
Buy
Maintains
$30
BuyMaintains$30+27.44%Aug 21, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$32 → $34
BuyMaintains$32 → $34+44.44%Aug 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.12B
from 4.72B
Increased by 8.66%
Revenue Next Year
5.39B
from 5.12B
Increased by 5.29%
EPS This Year
1.13
from 0.94
Increased by 20.72%
EPS Next Year
1.28
from 1.13
Increased by 13.22%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.76B4.41B4.42B4.44B4.72B5.12B
Revenue Growth
45.64%-7.41%0.14%0.50%6.22%8.66%
Gross Profit
2.70B2.50B2.49B2.44B2.59B2.84B
Gross Margin
56.59%56.63%56.28%54.88%54.99%55.53%
Operating Income
376.00M390.00M331.00M257.00M259.00M888.24M
Net Income
-483.00M-78.00M-1.23B338.00M-232.00M67.28M
EPS
----0.941.13
EPS Growth
----3.30%20.72%
Forward PE
24.5512.6717.6413.7823.4820.74
Free Cash Flow
----284.00M472.00M
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High5.1B
Avg5.1B
Low5.1B

Revenue Growth

Revenue Growth202620272028
High
9.0%
Avg
8.7%
Low
8.2%

EPS Forecast

EPS202620272028
High1.22
Avg1.13
Low1.10

EPS Growth

EPS Growth202620272028
High
30.0%
Avg
20.7%
Low
17.0%