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Updated 1m ago
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Elanco Animal Health IncorporatedNYSE:ELAN Stock Report

Market Cap US$11.8b
Updated 1m ago
Share Price
n/a
1Y21.7%
7D-6.4%
1D-2.9%
Portfolio Value
​
View

Elanco Animal Health Incorporated

NYSE:ELAN Stock Report

Market Cap: US$11.8b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Elanco Animal Health (ELAN) Stock Overview

An animal health company, innovates, develops, manufactures, and markets products for pets and farm animals worldwide. More details

ELAN fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 49.4% below our estimate of its fair value

Earnings are forecast to grow 54.98% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 36.5%

Risk Analysis

No risks detected for ELAN from our risk checks.

ELAN Community Fair Values

Create Narrative

See what 18 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
26.8% undervalued intrinsic discount
AnalystConsensusTarget
•21d ago

Upcoming Launches And Market Developments Will Shape Earnings Expectations This Year

371
0
11
AN
AnalystLowTarget
14.8% undervalued intrinsic discount
AnalystLowTarget
•1mo ago

Mounting Debt And Patent Risks Will Crush Future Net Margins

62
0
1
AN
AnalystHighTarget
32.8% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Global Animal Protein Demand Will Drive Breakthroughs Amid Regulatory Risks

33
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
26.8% undervalued intrinsic discount
AnalystConsensusTarget
•21d ago

Upcoming Launches And Market Developments Will Shape Earnings Expectations This Year

371
0
11
AN
AnalystLowTarget
14.8% undervalued intrinsic discount
AnalystLowTarget
•1mo ago

Mounting Debt And Patent Risks Will Crush Future Net Margins

62
0
1
AN
AnalystHighTarget
32.8% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Global Animal Protein Demand Will Drive Breakthroughs Amid Regulatory Risks

33
0
0
View all narratives

Elanco Animal Health Incorporated Competitors

Jazz Pharmaceuticals

Symbol: NasdaqGS:JAZZ
Market cap: US$15.7b

Corcept Therapeutics

Symbol: NasdaqCM:CORT
Market cap: US$12.3b

Viatris

Symbol: NasdaqGS:VTRS
Market cap: US$19.1b

Amneal Pharmaceuticals

Symbol: NasdaqGS:AMRX
Market cap: US$5.9b

Price History & Performance

Summary of share price highs, lows and changes for Elanco Animal Health
Historical stock prices
Current Share PriceUS$22.86
52 Week HighUS$27.98
52 Week LowUS$18.22
Beta1.68
1 Month Change0.57%
3 Month Change-5.42%
1 Year Change21.73%
3 Year Change94.55%
5 Year Change-29.60%
Change since IPO-36.50%

Recent News & Updates

User avatar
Narrative Update • Aug 20

ELAN: Blockbuster Pipeline And Margin Gains Will Shape 2026 Upside Potential

Analysts have lifted their price targets on Elanco Animal Health, with the model-based fair value estimate moving from about $29.79 to roughly $31.21. This change is supported by expectations for modestly higher revenue growth, stronger profit margins, and a lower future P/E assumption.
Seeking Alpha • Aug 20

Elanco Animal Health: New Products To Support Growth

Summary I recommend a buy rating for Elanco Animal Health, driven by a strong new product cycle and robust clinic adoption. Zenrelia and Credelio Quattro are gaining significant market share, supporting double-digit revenue growth and margin expansion for ELAN. Befrena offers another growth lever, with early demand exceeding expectations, though near-term contribution is limited by supply constraints. ELAN's valuation at ~21x forward PE appears reasonable, given accelerating earnings growth and margin improvement from product mix and productivity gains. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 06

ELAN: Future Blockbuster Launches Will Drive Upside As Guidance Strengthens

Analysts have lifted their fair value estimate for Elanco Animal Health to $34 from $32, reflecting updated assumptions around revenue growth, profit margins, and long term P/E potential. These updates align with recent Street price target increases into the mid $20s to low $30s and expectations tied to potential blockbuster product launches.

Recent updates

User avatar
Narrative Update • Aug 20

ELAN: Blockbuster Pipeline And Margin Gains Will Shape 2026 Upside Potential

Analysts have lifted their price targets on Elanco Animal Health, with the model-based fair value estimate moving from about $29.79 to roughly $31.21. This change is supported by expectations for modestly higher revenue growth, stronger profit margins, and a lower future P/E assumption.
Seeking Alpha • Aug 20

Elanco Animal Health: New Products To Support Growth

Summary I recommend a buy rating for Elanco Animal Health, driven by a strong new product cycle and robust clinic adoption. Zenrelia and Credelio Quattro are gaining significant market share, supporting double-digit revenue growth and margin expansion for ELAN. Befrena offers another growth lever, with early demand exceeding expectations, though near-term contribution is limited by supply constraints. ELAN's valuation at ~21x forward PE appears reasonable, given accelerating earnings growth and margin improvement from product mix and productivity gains. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 06

ELAN: Future Blockbuster Launches Will Drive Upside As Guidance Strengthens

Analysts have lifted their fair value estimate for Elanco Animal Health to $34 from $32, reflecting updated assumptions around revenue growth, profit margins, and long term P/E potential. These updates align with recent Street price target increases into the mid $20s to low $30s and expectations tied to potential blockbuster product launches.
User avatar
Narrative Update • Jul 23

ELAN: Blockbuster Launches And Sluggish Vet Visits Will Shape Fairly Valued Outlook

Elanco Animal Health's fair value estimate has increased from $25.39 to $26.82 as analysts factor in higher price targets, citing potential contributions from upcoming product launches and a diversified portfolio, while also expressing caution about sluggish visit trends in U.S. vet practices. Analyst Commentary Recent Street research on Elanco Animal Health reflects a mixed tone, with some firms lifting price targets while others highlight execution and growth risks that could weigh on valuation if they materialize.
User avatar
Narrative Update • Jul 02

ELAN: Blockbuster Pipeline And Pet Retail Strength Will Shape Fairly Valued Outlook

The analyst-derived fair value estimate for Elanco Animal Health has shifted from $22.49 to $25.39 as analysts factor in higher Street price targets and expectations around potential blockbuster product launches and portfolio-driven growth. Analyst Commentary on Elanco Animal Health Recent Street research on Elanco Animal Health reflects a mix of optimism around potential blockbuster products and a more cautious stance on execution, growth durability, and valuation.
User avatar
Narrative Update • Jun 18

ELAN: New Approvals And Pipeline Execution May Support Future Stock Upside

Analysts have lowered their average 12‑month price target for Elanco Animal Health stock to $23 from $24, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that still support the existing $32 fair value estimate in this model. Analyst Commentary Recent Street research on Elanco Animal Health highlights a mix of cautious valuation updates and constructive long term views on the stock.
Analysis Article • Jun 16

Elanco Animal Health (ELAN) Stock Could Be 18.5% Undervalued After USDA Vaccine Approval

Elanco Animal Health (ELAN) is back in focus after securing U.S. Department of Agriculture approval for TruCan Ultra Lyme-L4, a 1/2 mL combination vaccine for Lyme disease and leptospirosis in dogs. See our latest analysis for Elanco Animal Health. The TruCan Ultra Lyme L4 approval lands at a time when Elanco Animal Health’s share price has gained 22.31% over the past month but is still down 3.53% over 90 days, while the 1 year total shareholder return of 73.62% and 3 year total shareholder...
User avatar
Narrative Update • Jun 04

ELAN: New Dermatology Launch And Margin Gains Will Shape 2026 Earnings Outlook

Analysts have trimmed the implied fair value and Street price target for Elanco Animal Health to $23, reflecting updated expectations for slightly lower revenue growth, improved profit margins, and a more conservative future P/E assumption. Analyst Commentary Recent Street research around Elanco Animal Health points to a mixed but generally balanced view, with valuation tweaks reflecting updated expectations on growth, profitability, and P/E assumptions.
Analysis Article • May 08

Results: Elanco Animal Health Incorporated Exceeded Expectations And The Consensus Has Updated Its Estimates

Elanco Animal Health Incorporated ( NYSE:ELAN ) just released its latest first-quarter results and things are looking...
User avatar
Narrative Update • May 03

ELAN: Pet And Farm Segment Execution Will Drive Fairly Valued Outlook

Analysts have made a modest downward adjustment to the fair value estimate for Elanco Animal Health, trimming it by about $0.24. They also highlighted slightly higher revenue growth and profit margin assumptions and cited recent price target increases from several firms following stronger than expected quarterly results and updated guidance.
User avatar
Narrative Update • Apr 18

ELAN: Pet Health And Farm Animal Execution Will Shape Fairly Valued Outlook

The analyst price target for Elanco Animal Health has been raised by a few dollars into the low $30s, with analysts pointing to stronger than expected recent results, improved margin expectations, and a reset future P/E assumption as key supports for the higher fair value estimate, which now stands at about $22.73. Analyst Commentary Recent Street research on Elanco Animal Health has concentrated on refining valuation assumptions after a period of stronger than expected results and updated guidance.
User avatar
Narrative Update • Apr 04

ELAN: Pet And Farm Segment Momentum Will Shape 2026 Earnings Outlook

Elanco Animal Health's updated analyst price target has moved higher from about $25.92 to $28.77, reflecting analysts' response to a series of target raises following quarterly results that exceeded guidance and Street expectations, as well as broad-based strength across pet health and farm animal segments. Analyst Commentary Recent Street research around Elanco Animal Health has been active, with several firms adjusting price targets following quarterly results and updated guidance.
User avatar
Narrative Update • Mar 21

ELAN: Pet Dermatology Approvals And Q4 Execution May Support Further Upside

Analysts have raised the average price target on Elanco Animal Health to $32 from about $30, citing recent earnings beats, broad-based segment strength, and updated expectations that support a higher fair value along with a materially higher future P/E assumption in their models. Analyst Commentary Recent research points to a clear shift toward more constructive views on Elanco Animal Health, with several bullish analysts raising price targets into the high $20s and low $30s and reaffirming positive ratings following recent results.
User avatar
Narrative Update • Mar 07

ELAN: Dermatology And Pet Health Pipeline Optimism Will Test Execution And Margins

The updated analyst price target for Elanco Animal Health moves higher, reflecting a shift in our fair value estimate from $20.20 to $22.49 as analysts respond to recent target raises and supportive commentary regarding Q4 performance, 2026 guidance, and product momentum. Analyst Commentary Street research on Elanco Animal Health in recent months has leaned constructive, with several firms lifting their price targets following Q4 results, updated 2026 guidance, and commentary on product momentum across pet health and farm animal.
User avatar
Narrative Update • Feb 21

ELAN: New Dermatology Pipeline Optimism Will Likely Outrun Execution And Margin Progress

Analysts have lifted their average price target on Elanco Animal Health by $0.20 to about $20.20. This reflects updated assumptions around slightly higher revenue growth, modestly improved profit margins, and a lower future P/E multiple in light of recent target increases and rating changes from multiple firms.
User avatar
Narrative Update • Feb 07

ELAN: New Pet Health Launches And Balance Sheet Progress Will Shape Outlook

Analysts have raised their fair value estimate for Elanco Animal Health by about $1.76 to $25.92, citing higher Street price targets, recent upgrades and Overweight initiations that highlight potential benefits from new product launches, revenue growth efforts and ongoing balance sheet improvement. Analyst Commentary Recent research coverage on Elanco Animal Health has leaned constructive, with several firms lifting price targets or initiating and upgrading ratings after reviewing the company’s new product pipeline, revenue initiatives and balance sheet trajectory.
User avatar
Narrative Update • Jan 23

ELAN: New Product Optimism Will Likely Outrun Margin And Leverage Progress

Our analyst price target for Elanco Animal Health has been revised to US$20.00. This reflects updated assumptions for revenue growth, margin potential, and a lower future P/E multiple in light of recent analyst commentary highlighting new product driven growth and efforts to improve profitability and leverage.
User avatar
Narrative Update • Jan 09

ELAN: New Pet Health Launches And Margin Expansion Plans May Support Upside

Our analyst fair value estimate for Elanco Animal Health has been raised from US$18.00 to about US$29.84. This change reflects higher Street price targets in the US$24 to US$27 range and analyst expectations for stronger revenue growth, wider margins, and improved leverage supported by recent product launches.
User avatar
Narrative Update • Dec 22

ELAN: Margin Expansion Hurdles Will Cap Upside Despite Product Launch Momentum

We raise our fair value estimate for Elanco Animal Health to approximately $20 per share from about $14. This reflects analysts' higher price targets that emphasize accelerating revenue growth from recent product launches, meaningful margin expansion potential, and improving leverage and cash flow.
User avatar
Narrative Update • Dec 08

ELAN: New Product Launches And Margin Expansion Will Shape 2025 Outlook

The analyst fair value estimate for Elanco Animal Health has inched higher to approximately $24.17 from $24.08, as analysts factor in stronger revenue growth from recent product launches, improving margin prospects, and accelerating EBITDA, supported by multiple upward revisions to Street price targets in the mid $20s. Analyst Commentary Recent Street research on Elanco Animal Health has turned increasingly constructive, with a series of ratings upgrades and price target increases into the mid to high 20 dollar range.
User avatar
Narrative Update • Nov 24

ELAN: Margin Expansion And New Product Launches Will Shape Outlook For 2025

Elanco Animal Health's fair value estimate has risen from $21.91 to $24.08. Analysts highlight improved revenue growth prospects and expanding profit margins, which are reflected in recent upward revisions to price targets.
User avatar
Narrative Update • Nov 09

ELAN: Margin Expansion And Profitability Will Drive Measured Outlook For 2025

Elanco Animal Health's consensus analyst price target has increased from $21.18 to $21.91. This change reflects greater optimism among analysts about revenue growth and margin expansion prospects for the company.
User avatar
Narrative Update • Oct 26

Upcoming Launches And Market Developments Will Shape Earnings Expectations This Year

The average analyst price target for Elanco Animal Health has increased by $0.64 to $21.18, as analysts cite expectations for revenue and EBITDA growth based on recent diligence and market analysis. Analyst Commentary Recent Street research has highlighted a generally optimistic outlook for Elanco Animal Health, though some analysts urge caution regarding future execution and margin expansion.
User avatar
Narrative Update • Oct 12

Zenrelia And Credelio Quattro Launches Will Expand Market Presence But FX Headwinds May Impact Earnings

Analysts have raised their price target for Elanco Animal Health from $18 to $23, citing improved revenue prospects and expectations that profit margins could surpass previous market estimates. Analyst Commentary Bullish Takeaways Bullish analysts see potential for revenue growth to outperform current market expectations, based on recent data analysis and survey feedback.
User avatar
Narrative Update • Sep 28

Zenrelia And Credelio Quattro Launches Will Expand Market Presence But FX Headwinds May Impact Earnings

Elanco Animal Health’s consensus price target was raised to $19.00, reflecting improved revenue outlook, margin upside, and increased analyst confidence in its growth trajectory. Analyst Commentary Bullish analysts cite diligence suggesting revenue upside potential.
User avatar
Narrative Update • Sep 13

Zenrelia And Credelio Quattro Launches Will Expand Market Presence But FX Headwinds May Impact Earnings

Elanco Animal Health’s consensus price target rose marginally to $18.55, as analysts cited improving business stability, innovation-driven sales acceleration, and enhanced confidence in leadership and execution. Analyst Commentary Bullish analysts note stabilization in Elanco’s core business and improved execution, providing a stronger foundation for success.
User avatar
Narrative Update • Aug 08

Rising ESG Costs And Plant-Based Diets Will Weaken Livestock Demand

Elanco Animal Health’s consensus price target has been raised to $17.45, driven by improved business stability, accelerating growth from an enhanced innovation pipeline, and increased traction of its product CQ. Analyst Commentary Improved core business stability driven by better execution, providing a firmer foundation for future product innovation.
Seeking Alpha • Mar 31

Elanco Animal Health: Even Cheaper, Still Not A Buy

Summary Elanco Animal Health's stock declined 26%, but despite improved financials, high debt levels and limited growth opportunities make it a cautious investment. Fiscal 2024 saw slight revenue growth and a return to profitability, but debt remains a significant concern, with a debt-equity ratio of 0.71. Management's focus on innovative products and modest revenue growth projections for 2025 indicates potential, but high debt and slow growth hinder long-term prospects. Despite reasonable valuation multiples, ELAN's high debt and uncertain growth make it a 'Hold' rather than a 'Buy' for now. Read the full article on Seeking Alpha

Shareholder Returns

ELANUS PharmaceuticalsUS Market
7D-6.4%-3.0%-0.2%
1Y21.7%45.8%14.8%

Return vs Industry: ELAN underperformed the US Pharmaceuticals industry which returned 45.8% over the past year.

Return vs Market: ELAN exceeded the US Market which returned 14.8% over the past year.

Price Volatility

Is ELAN's price volatile compared to industry and market?
ELAN volatility
ELAN Average Weekly Movement5.7%
Pharmaceuticals Industry Average Movement8.8%
Market Average Movement6.9%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.9%

Stable Share Price: ELAN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ELAN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19549,650Jeff Simmonswww.elanco.com

Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for pets and farm animals worldwide. The company offers pet health products, such as parasiticides, vaccines, and therapeutics that protect pets from fleas, ticks, and internal parasites under the Seresto, K-9 Advantage, Advantix, and Advocate trademarks; prescription parasiticide products, an over-the-counter treatments for the prevention and elimination of fleas and ticks under the Credelio Family, Interceptor Plus, Drontal family, and Drontal Plus; vaccines portfolio that provides differentiated prevention coverage for a number of important pet health risks; and therapeutics portfolio for the treatment of pain, otitis, cardiovascular, and dermatology indications, as well as osteoarthritis for dogs and cats under the Galliprant trademark. It also provides farm animal products that help farmers improve animal health and wellbeing, and raise livestock, such as cattle, swine, and poultry.

Elanco Animal Health Incorporated Fundamentals Summary

How do Elanco Animal Health's earnings and revenue compare to its market cap?
ELAN fundamental statistics
Market capUS$11.77b
Earnings (TTM)-US$199.00m
Revenue (TTM)US$5.02b
2.3x
P/S Ratio
-57.4x
P/E Ratio

Is ELAN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ELAN income statement (TTM)
RevenueUS$5.02b
Cost of RevenueUS$2.24b
Gross ProfitUS$2.78b
Other ExpensesUS$2.98b
Earnings-US$199.00m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.40
Gross Margin55.36%
Net Profit Margin-3.96%
Debt/Equity Ratio60.4%

How did ELAN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 22:54
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Elanco Animal Health Incorporated is covered by 27 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jasper HellwegArgus Research Company
Glen SantangeloBarclays
Ardalan ArfaeiBMO Capital Markets Equity Research

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