Elanco Animal Health Incorporated (ELAN)
NYSE: ELAN · Real-Time Price · USD
25.00
+0.91 (3.78%)
At close: Jul 2, 2026, 4:00 PM EDT
24.87
-0.13 (-0.52%)
After-hours: Jul 2, 2026, 7:40 PM EDT

Elanco Animal Health Stock Forecast

Stock Price Forecast

According to 17 analysts polled by S&P Global, Elanco Animal Health stock has a consensus rating of "Strong Buy" and an average price target of $29.86. The average 1-year stock price forecast is 19.44% higher than the current stock price, while the lowest is $23 (-8.00%) and the highest is $32 (+28.00%).

Price Target: $29.86 (+19.44%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$23$29.86$30$32
Change-8.00%+19.44%+20.00%+28.00%

Analyst Ratings

The average analyst rating for Elanco Animal Health stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy91010111111
Buy444455
Hold322211
Sell111000
Strong Sell000000
Total171717171717

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Buy
Reiterates
$30
BuyReiterates$30+20.00%Jun 29, 2026
Argus Research
Argus Research
Buy
Maintains
n/a
BuyMaintainsn/an/aJun 24, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$31$32
BuyReiterates$31$32+28.00%Jun 18, 2026
Barclays
Barclays
Buy
Maintains
$30
BuyMaintains$30+20.00%Jun 11, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$32
BuyMaintains$32+28.00%Jun 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.06B
from 4.72B
Increased by 7.25%
Revenue Next Year
5.33B
from 5.06B
Increased by 5.32%
EPS This Year
1.07
from 0.94
Increased by 13.37%
EPS Next Year
1.19
from 1.07
Increased by 11.55%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
4.76B4.41B4.42B4.44B4.72B5.06B
Revenue Growth
45.64%-7.41%0.14%0.50%6.22%7.25%
Gross Profit
2.70B2.50B2.49B2.44B2.59B2.80B
Gross Margin
56.59%56.63%56.28%54.88%54.99%55.28%
Operating Income
376.00M390.00M331.00M257.00M259.00M855.07M
Net Income
-483.00M-78.00M-1.23B338.00M-232.00M45.06M
EPS
----0.941.07
EPS Growth
----3.30%13.37%
Forward PE
24.5512.6717.6413.7823.4823.46
Free Cash Flow
792.50M316.13M395.13M941.38M559.75M447.67M
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High5.1B
Avg5.1B
Low5.0B

Revenue Growth

Revenue Growth202620272028
High
8.4%
Avg
7.2%
Low
5.4%

EPS Forecast

EPS202620272028
High1.10
Avg1.07
Low1.02

EPS Growth

EPS Growth202620272028
High
17.0%
Avg
13.4%
Low
8.8%