Elanco Animal Health Incorporated (ELAN)
NYSE: ELAN · Real-Time Price · USD
24.57
+0.20 (0.82%)
At close: Jun 26, 2026, 4:00 PM EDT
24.29
-0.28 (-1.14%)
After-hours: Jun 26, 2026, 7:00 PM EDT

Elanco Animal Health Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Elanco Animal Health stock have an average target of 29.82, with a low estimate of 23 and a high estimate of 32. The average target predicts an increase of 21.37% from the current stock price of 24.57.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $23 $29.82 $30 $32
Change -6.39% +21.37% +22.10% +30.24%

Analyst Ratings

The average analyst rating for Elanco Animal Health stock from 17 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 '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 91010111111
Buy 444455
Hold 322211
Sell 111000
Strong Sell 000000
Total 171717171717

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Buy
Reiterates
$31$32
Buy Reiterates $31$32 +30.24% Jun 18, 2026
Barclays
Barclays
Buy
Maintains
$30
Buy Maintains $30 +22.10% Jun 11, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$32
Buy Maintains $32 +30.24% Jun 5, 2026
William Blair
William Blair
Buy
Maintains
n/a
Buy Maintains n/a n/a Jun 3, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$23
Hold Maintains $23 -6.39% Jun 3, 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 Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
4.76B4.41B4.42B4.44B4.72B5.06B5.33B
Revenue Growth
45.64%-7.41%0.14%0.50%6.22%7.25%5.32%
EPS
-0.99-0.16-2.500.68-0.470.090.26
EPS Growth
------201.96%
Forward PE
-----289.0695.73
No. Analysts -----1413
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 5.1B 5.4B
Avg 5.1B 5.3B
Low 5.0B 5.2B

Revenue Growth

Revenue Growth 202620272028
High
8.4%
7.2%
Avg
7.2%
5.3%
Low
5.4%
3.4%

EPS Forecast

EPS 202620272028
High 1.10 1.27
Avg 1.07 1.19
Low 1.02 1.05

EPS Growth

EPS Growth 202620272028
High
17.0%
19.6%
Avg
13.4%
11.6%
Low
8.8%
-1.5%
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.