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NYSE: ELAN
Elanco Animal Health Inc Stock Forecast, Predictions & Price Target

Analyst price target for ELAN

Based on 6 analysts offering 12 month price targets for Elanco Animal Health Inc.
Min Forecast
$14.00+8.28%
Avg Forecast
$17.50+35.34%
Max Forecast
$20.00+54.68%

Should I buy or sell ELAN stock?

Based on 6 analysts offering ratings for Elanco Animal Health Inc.
Buy
Strong Buy
4 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

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ELAN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-12
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-02-27
lockedlocked$00.00+00.00%2024-01-05
Jefferies
Top 37%
64
Strong BuyInitiates Coverage On$17.00+31.48%2023-12-19

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Forecast return on equity

Is ELAN forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.81%

Forecast return on assets

Is ELAN forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

ELAN revenue forecast

What is ELAN's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.5B+1.66%
Avg 2 year Forecast
$4.7B+6.25%
Avg 3 year Forecast
$4.9B+12.06%
ELAN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ELAN revenue growth forecast

How is ELAN forecast to perform vs Drug Manufacturers - Specialty & Generic companies and vs the US market?
Company
3.78%
Industry
9.13%
Market
10.1%
ELAN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ELAN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ELAN vs Pharmaceutical Stocks

TickerPricePrice TargetUp/downsideConsensus
ELAN$12.93$17.50+35.34%Buy
ITCI$74.54$91.60+22.89%Strong Buy
LNTH$63.07$96.20+52.53%Strong Buy
PRGO$30.06$40.67+35.29%Strong Buy
ALKS$24.07$35.38+46.97%Buy

Elanco Animal Health Stock Forecast FAQ

Is Elanco Animal Health Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: ELAN) stock is to Buy ELAN stock.

Out of 6 analysts, 4 (66.67%) are recommending ELAN as a Strong Buy, 0 (0%) are recommending ELAN as a Buy, 1 (16.67%) are recommending ELAN as a Hold, 0 (0%) are recommending ELAN as a Sell, and 1 (16.67%) are recommending ELAN as a Strong Sell.

If you're new to stock investing, here's how to buy Elanco Animal Health stock.

What is ELAN's revenue growth forecast for 2024-2026?

(NYSE: ELAN) Elanco Animal Health's forecast annual revenue growth rate of 3.78% is not forecast to beat the US Drug Manufacturers - Specialty & Generic industry's average forecast revenue growth rate of 9.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.1%.

Elanco Animal Health's revenue in 2024 is $4,417,000,000.On average, 6 Wall Street analysts forecast ELAN's revenue for 2024 to be $2,213,541,337,942, with the lowest ELAN revenue forecast at $2,197,660,309,038, and the highest ELAN revenue forecast at $2,224,241,252,031. On average, 6 Wall Street analysts forecast ELAN's revenue for 2025 to be $2,313,628,546,306, with the lowest ELAN revenue forecast at $2,283,930,060,963, and the highest ELAN revenue forecast at $2,345,058,342,327.

In 2026, ELAN is forecast to generate $2,439,963,449,935 in revenue, with the lowest revenue forecast at $2,430,376,662,131 and the highest revenue forecast at $2,444,145,314,538.

What is ELAN's forecast return on assets (ROA) for 2024-2027?

(NYSE: ELAN) forecast ROA is N/A, which is lower than the forecast US Drug Manufacturers - Specialty & Generic industry average of N/A.

What is ELAN's Price Target?

According to 6 Wall Street analysts that have issued a 1 year ELAN price target, the average ELAN price target is $17.50, with the highest ELAN stock price forecast at $20.00 and the lowest ELAN stock price forecast at $14.00.

On average, Wall Street analysts predict that Elanco Animal Health's share price could reach $17.50 by Mar 12, 2025. The average Elanco Animal Health stock price prediction forecasts a potential upside of 35.34% from the current ELAN share price of $12.93.

What is ELAN's forecast return on equity (ROE) for 2024-2027?

(NYSE: ELAN) forecast ROE is N/A, which is considered weak.
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