Eli Lilly and Company (LLY)
NYSE: LLY · IEX Real-Time Price · USD
906.71
-7.66 (-0.84%)
At close: Jul 2, 2024, 4:00 PM
910.50
+3.79 (0.42%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Eli Lilly Stock Forecast
Stock Price Forecast
The 20 analysts with 12-month price forecasts for Eli Lilly stock have an average target of 806.45, with a low estimate of 525 and a high estimate of 1,015. The average target predicts a decrease of -11.06% from the current stock price of 906.71.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Eli Lilly stock from 21 stock analysts 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
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 10 | 10 | 11 | 10 |
| Buy | 10 | 11 | 10 | 10 | 9 | 8 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 23 | 23 | 23 | 23 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $885 | Buy | Reiterates | $885 | -2.39% | Jun 26, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $885 | Buy | Reiterates | $885 | -2.39% | Jun 25, 2024 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $892 → $1,000 | Strong Buy | Reiterates | $892 → $1,000 | +10.29% | Jun 25, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $994 → $1,015 | Strong Buy | Maintains | $994 → $1,015 | +11.94% | Jun 24, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $1,000 | Strong Buy | Maintains | $1,000 | +10.29% | Jun 24, 2024 |
Financial Forecast
Revenue This Year
43.49B
from 34.12B
Increased by 27.44%
Revenue Next Year
53.65B
from 43.49B
Increased by 23.36%
EPS This Year
13.91
from 5.80
Increased by 139.82%
EPS Next Year
19.48
from 13.91
Increased by 40.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.9B | 59.4B | 72.3B | 84.3B | 97.2B |
| Avg | 43.5B | 53.6B | 63.7B | 71.5B | 81.2B |
| Low | 41.5B | 46.9B | 52.4B | 58.9B | 62.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.5% | 36.6% | 34.7% | 32.4% | 35.9% |
| Avg | 27.4% | 23.4% | 18.7% | 12.3% | 13.6% |
| Low | 21.7% | 7.9% | -2.3% | -7.4% | -12.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.99 | 22.33 | 30.71 | 36.92 | 44.31 |
| Avg | 13.91 | 19.48 | 25.63 | 30.65 | 36.19 |
| Low | 12.94 | 15.97 | 20.66 | 22.32 | 24.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 158.5% | 60.6% | 57.7% | 44.0% | 44.5% |
| Avg | 139.8% | 40.0% | 31.6% | 19.6% | 18.1% |
| Low | 123.0% | 14.8% | 6.1% | -12.9% | -19.3% |
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.