# Elanco Animal Health (ELAN) — Analyst Forecast

ELAN · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/elan/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 16 | 1 | 0 | 17 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $26.00 | $29.67 | $33.00 | 3 |

Last price $23.54 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Aug 6, 2026 | Keybanc | Maintained | Overweight | $30.00 |
| Aug 6, 2026 | UBS | Maintained | Buy | $33.00 |
| Jul 22, 2026 | Morgan Stanley | Maintained | Equal-Weight | $26.00 |
| Jun 18, 2026 | TD Cowen | Maintained | Buy | $32.00 |
| May 7, 2026 | JP Morgan | Maintained | Overweight | $30.00 |
| May 7, 2026 | Citigroup | Maintained | Buy | $31.00 |
| Apr 15, 2026 | Citigroup | Initiated Coverage | Buy | $30.00 |
| Feb 25, 2026 | Keybanc | Maintained | Overweight | $29.00 |
| Feb 25, 2026 | Morgan Stanley | Maintained | Equal-Weight | $24.00 |
| Feb 24, 2026 | Leerink Partners | Maintained | Outperform | $30.00 |
| Feb 19, 2026 | JP Morgan | Maintained | Overweight | $28.00 |
| Jan 22, 2026 | Piper Sandler | Upgraded | Neutral → Overweight | $30.00 |
| Dec 18, 2025 | Morgan Stanley | Maintained | Equal-Weight | $22.00 |
| Dec 9, 2025 | Barclays | Initiated Coverage | Overweight | $30.00 |
| Nov 21, 2025 | Keybanc | Initiated Coverage | Overweight | $27.00 |
| Nov 6, 2025 | UBS | Maintained | Buy | $27.00 |
| Oct 20, 2025 | UBS | Maintained | Buy | $25.00 |
| Oct 7, 2025 | JP Morgan | Upgraded | Neutral → Overweight | $24.00 |
| Sep 24, 2025 | Stifel | Maintained | Buy | $23.00 |
| Aug 11, 2025 | Piper Sandler | Maintained | Neutral | $18.00 |

## Frequently Asked Questions

### What is the price target for ELAN stock?

The average 12-month analyst price target for Elanco Animal Health (ELAN) is $29.67, with a high estimate of $33.00 and a low of $26.00, across 3 analysts.

### Is ELAN a buy, sell, or hold?

Analysts covering Elanco Animal Health currently average a Buy rating: 16 buy, 1 hold and 0 sell, from 17 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for ELAN?

The average price target of $29.67 implies 26.03% upside from the last price of $23.54.

### What is the latest analyst rating on ELAN?

On Aug 6, 2026, Keybanc maintained Elanco Animal Health at Overweight with a price target of $30.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).