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Elanco Animal Health Incorporated (ELAN) Stock Forecast

Data as of May 2, 2026

Healthcare · Current price $22.52 (+0.65%)

Consensus Target
$27.88
Upside
+23.8%
Analysts
7
Rating
Buy(2.29)

Price Target Range

Low $22.00Consensus $27.88High $30.00
▲ Current $22.52

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy3
Hold1
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Feb 25, 2026Steve DechertKeyBanc$29.00+28.8%
Feb 24, 2026Daniel ClarkLeerink Partners$30.00+33.2%
Jan 22, 2026David WestenbergPiper Sandler$30.00+33.2%
Aug 8, 2025Andrea AlfonsoUBS$19.00-15.6%
Jul 17, 2025Rajat GuptaJ.P. Morgan$14.00-37.8%
Jul 17, 2025Daniel ClarkLeerink Partners$18.00-20.1%
Jul 17, 2025Steven MaddenCitigroup$32.00+42.1%
May 7, 2025Daniel ClarkLeerink Partners$11.00-51.1%
Dec 9, 2024Andrea AlfonsoUBS$18.00-20.1%
Dec 2, 2024Daniel ClarkLeerink Partners$14.00-37.8%
Sep 23, 2024Balaji PrasadBarclays$22.00-2.3%
Jul 1, 2024David WestenbergPiper Sandler$16.00-28.9%
May 13, 2024David WestenbergPiper Sandler$19.00-15.6%
Mar 12, 2024David WestenbergPiper Sandler$18.00-20.1%
Jan 5, 2024Jonathan BlockStifel Nicolaus$20.00-11.2%
Aug 16, 2022David WestenbergPiper Sandler$21.00-6.7%

ELAN vs Sector & Market

MetricELANHealthcare AvgLarge Cap Avg
Analyst Rating2.292.242.41
Analyst Count7818
Target Upside+23.8%+1150.2%+14.9%
P/E Ratio-47.476.9131.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$4.98B$5.00B$5.02B12
2027-03-31$1.34B$1.35B$1.37B4
2027-06-30$1.38B$1.40B$1.42B6
2027-09-30$1.26B$1.27B$1.29B4
2027-12-31$1.25B$1.27B$1.28B7
2028-03-31$1.39B$1.40B$1.42B3
2028-06-30$1.45B$1.46B$1.49B5
2028-09-30$1.33B$1.34B$1.36B3
2028-12-31$1.31B$1.33B$1.35B6
2029-12-31$5.71B$5.78B$5.82B5
2030-12-31$5.93B$6.00B$6.04B5

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$0.99$1.03$1.1011
2027-03-31$0.37$0.38$0.394
2027-06-30$0.32$0.33$0.334
2027-09-30$0.22$0.23$0.234
2027-12-31$0.22$0.22$0.234
2028-03-31$0.40$0.40$0.415
2028-06-30$0.35$0.36$0.365
2028-09-30$0.25$0.25$0.265
2028-12-31$0.25$0.25$0.265
2029-12-31$1.40$1.42$1.434
2030-12-31$1.50$1.52$1.542

Frequently Asked Questions

What is the analyst consensus for ELAN?

The consensus among 7 analysts covering Elanco Animal Health Incorporated (ELAN) is Buy with an average price target of $27.88.

What is the highest price target for ELAN?

The highest price target for ELAN is $32.00, set by Steven Madden at Citigroup on 2025-07-17.

What is the lowest price target for ELAN?

The lowest price target for ELAN is $11.00, set by Daniel Clark at Leerink Partners on 2025-05-07.

How many analysts cover ELAN?

7 analysts have issued ratings for Elanco Animal Health Incorporated in the past 12 months.

Is ELAN a buy or sell right now?

Based on 7 analyst ratings, ELAN has a consensus rating of Buy (2.29/5) with a +23.8% upside to the consensus target of $27.88.

What are the earnings estimates for ELAN?

Analysts estimate ELAN will report EPS of $1.03 for the period ending 2026-12-31, with revenue estimated at $5.00B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.