Elanco Animal Health Incorporated (ELAN)
NYSE: ELAN · Real-Time Price · USD
23.67
+1.16 (5.15%)
At close: Aug 14, 2026, 4:00 PM EDT
23.57
-0.10 (-0.41%)
After-hours: Aug 14, 2026, 7:36 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 $31.21. The average 1-year stock price forecast is 31.85% higher than the current stock price, while the lowest is $26 (+9.84%) and the highest is $34 (+43.64%).

Price Target: $31.21 (+31.85%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$26$31.21$31.5$34
Change+9.84%+31.85%+33.08%+43.64%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy101111111111
Buy445555
Hold221111
Sell100000
Strong Sell000000
Total171717171717

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Maintains
$32$34
BuyMaintains$32$34+43.64%Aug 13, 2026
William Blair
William Blair
Buy
Maintains
n/a
BuyMaintainsn/an/aAug 12, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
n/a
BuyMaintainsn/an/aAug 12, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$26
HoldReiterates$26+9.84%Aug 10, 2026
Piper Sandler
Piper Sandler
Buy
Maintains
$30
BuyMaintains$30+26.74%Aug 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
5.12B
from 4.72B
Increased by 8.62%
Revenue Next Year
5.39B
from 5.12B
Increased by 5.33%
EPS This Year
1.13
from 0.94
Increased by 19.93%
EPS Next Year
1.26
from 1.13
Increased by 12.13%
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%8.62%
Gross Profit
2.70B2.50B2.49B2.44B2.59B2.84B
Gross Margin
56.59%56.63%56.28%54.88%54.99%55.43%
Operating Income
376.00M390.00M331.00M257.00M259.00M884.54M
Net Income
-483.00M-78.00M-1.23B338.00M-232.00M67.28M
EPS
----0.941.13
EPS Growth
----3.30%19.93%
Forward PE
24.5512.6717.6413.7823.4821.00
Free Cash Flow
792.50M316.13M395.13M941.38M559.75M472.00M
No. Analysts
-----13
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
8.6%
Low
8.2%

EPS Forecast

EPS202620272028
High1.22
Avg1.13
Low1.07

EPS Growth

EPS Growth202620272028
High
30.0%
Avg
19.9%
Low
13.8%