Eli Lilly and Company (LLY)
NYSE: LLY · IEX Real-Time Price · USD
804.62
-16.57 (-2.02%)
At close: Jul 26, 2024, 4:00 PM
804.60
-0.02 (0.00%)
After-hours: Jul 26, 2024, 7:59 PM EDT

Eli Lilly Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Eli Lilly stock have an average target of 871.68, with a low estimate of 535 and a high estimate of 1,025. The average target predicts an increase of 8.33% from the current stock price of 804.62.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $535 $871.68 $885 $1,025
Change -33.51% +8.33% +9.99% +27.39%

Analyst Ratings

The average analyst rating for Eli Lilly stock from 20 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 9101011109
Buy 101010988
Hold 333333
Sell 000000
Strong Sell 000000
Total 222323232120

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$885
Buy Reiterates $885 +9.99% Jul 24, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$885
Buy Reiterates $885 +9.99% Jul 15, 2024
Berenberg
Berenberg
Strong Buy
Maintains
$850$1,000
Strong Buy Maintains $850$1,000 +24.28% Jul 11, 2024
JP Morgan
JP Morgan
Buy
Maintains
$900$1,000
Buy Maintains $900$1,000 +24.28% Jul 11, 2024
Barclays
Barclays
Buy
Maintains
$913$1,025
Buy Maintains $913$1,025 +27.39% Jul 10, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
22.32B24.54B28.32B28.54B34.12B43.49B53.65B63.65B71.50B81.25B
Revenue Growth
3.84%9.95%15.40%0.79%19.56%27.44%23.36%18.66%12.32%13.64%
EPS
8.896.796.126.905.8013.9119.4825.6330.6536.19
EPS Growth
184.03%-23.62%-9.87%12.75%-15.94%139.82%40.02%31.62%19.58%18.07%
Forward PE
-----57.8541.3131.3926.2522.23
No. Analysts -----2929231414
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.