Elanco Animal Health Incorporated (ELAN)

Elanco Animal Health Stock Forecast

Stock Price Forecast

According to 6 professional analysts, the 12-month price target for Elanco Animal Health stock ranges from a low of $13 to a high of $19. The average analyst price target of $17.33 forecasts a -2.70% decrease in the stock price over the next year.

Price Target: $17.33 (-2.70%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$13	$17.33	$18	$19
Change	-27.01%	-2.70%	+1.07%	+6.68%

Analyst Ratings

The average analyst rating for Elanco Animal Health stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	2	3	3
Hold	3	3	3	3	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $12 → $18	Hold	Maintains	$12 → $18	+1.07%	Aug 11, 2025
Andrea Alfonso UBS	UBS	Strong Buy Maintains $18 → $19	Strong Buy	Maintains	$18 → $19	+6.68%	Aug 8, 2025
Andrea Alfonso UBS	UBS	Strong Buy Maintains $17 → $18	Strong Buy	Maintains	$17 → $18	+1.07%	Jul 23, 2025
Daniel Clark Leerink Partners	Leerink Partners	Hold → Buy Upgrades $18	Hold → Buy	Upgrades	$18	+1.07%	Jul 17, 2025
Jonathan Block Stifel	Stifel	Strong Buy Maintains $16 → $17	Strong Buy	Maintains	$16 → $17	-4.55%	Jul 2, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.64B

Increased by 4.44%

from 4.44B

Revenue Next Year

4.86B

Increased by 4.79%

from 4.64B

EPS This Year

0.86

Increased by 25.97%

from 0.68

EPS Next Year

0.97

Increased by 13.44%

from 0.86

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.27B	4.76B	4.41B	4.42B	4.44B	4.64B	4.86B	5.07B
Revenue Growth	6.51%	45.64%	-7.41%	0.14%	0.50%	4.44%	4.79%	4.30%
EPS	-1.30	-0.99	-0.16	-2.50	0.68	0.86	0.97	1.11
EPS Growth	-	-	-	-	-	25.97%	13.44%	14.47%
Forward PE	-	-	-	-	-	20.79	18.33	16.01
No. Analysts	-	-	-	-	-	17	16	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	4.8B	5.1B	5.3B
Avg	4.6B	4.9B	5.1B
Low	4.4B	4.6B	4.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.2%	9.0%	9.3%
Avg	4.4%	4.8%	4.3%
Low	-0.5%	-0.8%	-2.2%

EPS Forecast

EPS	2025	2026	2027
High	0.90	1.05	1.21
Avg	0.86	0.97	1.11
Low	0.80	0.89	0.96

EPS Growth

EPS Growth	2025	2026	2027
High	32.8%	22.6%	24.3%
Avg	26.0%	13.4%	14.5%
Low	18.2%	4.1%	-1.2%

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.