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Elanco Animal Health (ELAN)
NYSE:ELAN
US Market
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Elanco Animal Health (ELAN) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

ELAN Analyst Ratings

Strong Buy
11Ratings
Strong Buy
10 Buy
1 Hold
0 Sell
Based on 11 analysts giving stock ratings to
Elanco
Animal Health
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

ELAN Stock 12 Month Forecast

Average Price Target

$28.43
▲(20.05% Upside)
Based on 11 Wall Street analysts offering 12 month price targets for Elanco Animal Health in the last 3 months. The average price target is $28.43 with a high forecast of $31.00 and a low forecast of $19.86. The average price target represents a 20.05% change from the last price of $23.68.
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12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":20.8,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 13,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":22.15,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n     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Highest Price Target$31.00Average Price Target$28.43Lowest Price Target$19.86
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Stifel Nicolaus Analyst forecast on ELAN
Stifel Nicolaus
Stifel Nicolaus
Buy
Reiterated
05/22/26
Analysts Offer Insights on Healthcare Companies: Bioventus (NASDAQ: BVS) and Elanco Animal Health (NYSE: ELAN)
Morgan Stanley Analyst forecast on ELAN
Morgan Stanley
Morgan Stanley
$23$19.86
Hold
-16.13%
Downside
Assigned
05/18/26
Morgan Stanley Reaffirms Their Hold Rating on Elanco Animal Health (ELAN)
Evercore ISI Analyst forecast on ELAN
Evercore ISI
Evercore ISI
Buy
Reiterated
05/11/26
Analysts Offer Insights on Healthcare Companies: Definitive Healthcare Corp (NASDAQ: DH), Elanco Animal Health (NYSE: ELAN) and Align Tech (NASDAQ: ALGN)
J.P. Morgan Analyst forecast on ELAN
J.P. Morgan
J.P. Morgan
$28$30
Buy
26.69%
Upside
Assigned
05/07/26
Elanco price target raised to $30 from $28 at JPMorganElanco price target raised to $30 from $28 at JPMorgan
Citi
$30$31
Buy
30.91%
Upside
Reiterated
05/07/26
Elanco price target raised to $31 from $30 at CitiElanco price target raised to $31 from $30 at Citi
William Blair Analyst forecast on ELAN
William Blair
William Blair
$25
Buy
5.57%
Upside
Reiterated
05/06/26
Analyst Reiterates Buy on Elanco After Strong Q1 Beat, Raised Guidance, and Attractive Valuation
Bank of America Securities Analyst forecast on ELAN
Bank of America Securities
Bank of America Securities
$30
Buy
26.69%
Upside
Reiterated
04/28/26
Elanco Animal Health (ELAN) Receives a Buy from Bank of America Securities
UBS
$31
Buy
30.91%
Upside
Reiterated
03/10/26
Analysts Are Bullish on These Healthcare Stocks: Elanco Animal Health (ELAN), Eli Lilly & Co (LLY)
Barclays
$30
Buy
26.69%
Upside
Reiterated
03/06/26
Barclays Reaffirms Their Buy Rating on Elanco Animal Health (ELAN)
Jefferies Analyst forecast on ELAN
Unknown Analyst
Jefferies
Not Ranked
Jefferies
$30
Buy
26.69%
Upside
Reiterated
02/25/26
Jefferies Reaffirms Their Buy Rating on Elanco Animal Health (ELAN)
KeyBanc
$27$29
Buy
22.47%
Upside
Reiterated
02/25/26
KeyBanc Sticks to Its Buy Rating for Elanco Animal Health (ELAN)
Leerink Partners Analyst forecast on ELAN
Leerink Partners
Leerink Partners
$30
Buy
26.69%
Upside
Reiterated
02/24/26
Analysts Offer Insights on Healthcare Companies: Elanco Animal Health (NYSE: ELAN) and Henry Schein (NASDAQ: HSIC)
Piper Sandler Analyst forecast on ELAN
Piper Sandler
Piper Sandler
$24$30
Buy
26.69%
Upside
Upgraded
01/22/26
Analysts Offer Insights on Healthcare Companies: Globus Medical (NYSE: GMED), Demant (Other OTC: WILLF) and Elanco Animal Health (NYSE: ELAN)
TD Cowen Analyst forecast on ELAN
TD Cowen
TD Cowen
$24
Buy
1.35%
Upside
Reiterated
12/10/25
Analysts' Top Healthcare Picks: Elanco Animal Health (ELAN), Mediwound (MDWD)
Argus Research Analyst forecast on ELAN
Argus Research
Argus Research
$25
Buy
5.57%
Upside
Upgraded
11/19/25
Elanco upgraded to Buy from Hold at ArgusElanco upgraded to Buy from Hold at Argus
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Stifel Nicolaus Analyst forecast on ELAN
Stifel Nicolaus
Stifel Nicolaus
Buy
Reiterated
05/22/26
Analysts Offer Insights on Healthcare Companies: Bioventus (NASDAQ: BVS) and Elanco Animal Health (NYSE: ELAN)
Morgan Stanley Analyst forecast on ELAN
Morgan Stanley
Morgan Stanley
$23$19.86
Hold
-16.13%
Downside
Assigned
05/18/26
Morgan Stanley Reaffirms Their Hold Rating on Elanco Animal Health (ELAN)
Evercore ISI Analyst forecast on ELAN
Evercore ISI
Evercore ISI
Buy
Reiterated
05/11/26
Analysts Offer Insights on Healthcare Companies: Definitive Healthcare Corp (NASDAQ: DH), Elanco Animal Health (NYSE: ELAN) and Align Tech (NASDAQ: ALGN)
J.P. Morgan Analyst forecast on ELAN
J.P. Morgan
J.P. Morgan
$28$30
Buy
26.69%
Upside
Assigned
05/07/26
Elanco price target raised to $30 from $28 at JPMorganElanco price target raised to $30 from $28 at JPMorgan
Citi
$30$31
Buy
30.91%
Upside
Reiterated
05/07/26
Elanco price target raised to $31 from $30 at CitiElanco price target raised to $31 from $30 at Citi
William Blair Analyst forecast on ELAN
William Blair
William Blair
$25
Buy
5.57%
Upside
Reiterated
05/06/26
Analyst Reiterates Buy on Elanco After Strong Q1 Beat, Raised Guidance, and Attractive Valuation
Bank of America Securities Analyst forecast on ELAN
Bank of America Securities
Bank of America Securities
$30
Buy
26.69%
Upside
Reiterated
04/28/26
Elanco Animal Health (ELAN) Receives a Buy from Bank of America Securities
UBS
$31
Buy
30.91%
Upside
Reiterated
03/10/26
Analysts Are Bullish on These Healthcare Stocks: Elanco Animal Health (ELAN), Eli Lilly & Co (LLY)
Barclays
$30
Buy
26.69%
Upside
Reiterated
03/06/26
Barclays Reaffirms Their Buy Rating on Elanco Animal Health (ELAN)
Jefferies Analyst forecast on ELAN
Unknown Analyst
Jefferies
Not Ranked
Jefferies
$30
Buy
26.69%
Upside
Reiterated
02/25/26
Jefferies Reaffirms Their Buy Rating on Elanco Animal Health (ELAN)
KeyBanc
$27$29
Buy
22.47%
Upside
Reiterated
02/25/26
KeyBanc Sticks to Its Buy Rating for Elanco Animal Health (ELAN)
Leerink Partners Analyst forecast on ELAN
Leerink Partners
Leerink Partners
$30
Buy
26.69%
Upside
Reiterated
02/24/26
Analysts Offer Insights on Healthcare Companies: Elanco Animal Health (NYSE: ELAN) and Henry Schein (NASDAQ: HSIC)
Piper Sandler Analyst forecast on ELAN
Piper Sandler
Piper Sandler
$24$30
Buy
26.69%
Upside
Upgraded
01/22/26
Analysts Offer Insights on Healthcare Companies: Globus Medical (NYSE: GMED), Demant (Other OTC: WILLF) and Elanco Animal Health (NYSE: ELAN)
TD Cowen Analyst forecast on ELAN
TD Cowen
TD Cowen
$24
Buy
1.35%
Upside
Reiterated
12/10/25
Analysts' Top Healthcare Picks: Elanco Animal Health (ELAN), Mediwound (MDWD)
Argus Research Analyst forecast on ELAN
Argus Research
Argus Research
$25
Buy
5.57%
Upside
Upgraded
11/19/25
Elanco upgraded to Buy from Hold at ArgusElanco upgraded to Buy from Hold at Argus
Stocks with the Highest Top Analyst Consensus in the Healthcare Sector
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Find stocks in the Healthcare sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Elanco Animal Health

3 Months
Steve ScalaTD Cowen
Success Rate
10/14 ratings generated profit
71%
Average Return
+14.11%
Copying Steve Scala's trades and holding each position for 3 Months would result in 71.43% of your transactions generating a profit, with an average return of +14.11% per trade.
1 Year
Michael RyskinBank of America Securities
Success Rate
20/28 ratings generated profit
71%
Average Return
+29.01%
Copying Michael Ryskin's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +29.01% per trade.
2 Years
Jonathan BlockStifel Nicolaus
Success Rate
19/24 ratings generated profit
79%
Average Return
+41.18%
Copying Jonathan Block's trades and holding each position for 2 Years would result in 79.17% of your transactions generating a profit, with an average return of +41.18% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

ELAN Analyst Recommendation Trends

Rating
Jan 26
Feb 26
Mar 26
Apr 26
May 26
Strong Buy
0
0
0
0
0
Buy
22
24
17
16
12
Hold
4
4
1
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
26
28
18
17
13
In the current month, ELAN has received 12 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. ELAN average Analyst price target in the past 3 months is 28.43.
Each month's total comprises the sum of three months' worth of ratings.

ELAN Financial Forecast

ELAN Earnings Forecast

Next quarter’s earnings estimate for ELAN is $0.27 with a range of $0.25 to $0.30. The previous quarter’s EPS was $0.40. ELAN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 56.87% of the time in the same period. In the last calendar year ELAN has Performed in-line its overall industry.
Next quarter’s earnings estimate for ELAN is $0.27 with a range of $0.25 to $0.30. The previous quarter’s EPS was $0.40. ELAN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 56.87% of the time in the same period. In the last calendar year ELAN has Performed in-line its overall industry.

ELAN Sales Forecast

Next quarter’s sales forecast for ELAN is $1.31B with a range of $1.29B to $1.32B. The previous quarter’s sales results were $1.37B. ELAN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 50.06% of the time in the same period. In the last calendar year ELAN has Performed in-line its overall industry.
Next quarter’s sales forecast for ELAN is $1.31B with a range of $1.29B to $1.32B. The previous quarter’s sales results were $1.37B. ELAN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 50.06% of the time in the same period. In the last calendar year ELAN has Performed in-line its overall industry.

ELAN Stock Forecast FAQ

What is ELAN’s average 12-month price target, according to analysts?
Based on analyst ratings, Elanco Animal Health’s 12-month average price target is 28.43.
    What is ELAN’s upside potential, based on the analysts’ average price target?
    Elanco Animal Health has 20.05% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is ELAN a Buy, Sell or Hold?
          Elanco Animal Health has a consensus rating of Strong Buy which is based on 10 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Elanco Animal Health’s price target?
            The average price target for Elanco Animal Health is 28.43. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $31.00 ,the lowest forecast is $19.86. The average price target represents 20.05% Increase from the current price of $23.68.
              What do analysts say about Elanco Animal Health?
              Elanco Animal Health’s analyst rating consensus is a Strong Buy. This is based on the ratings of 11 Wall Streets Analysts.
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