Elanco Animal Health Incorporated (ELAN) - Stock Analysis

Last updated: Jun 1, 2026

HealthcareActive

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Animal-health recovery with concrete catalysts: Q1 2026 revenue grew 15% YoY to $1.371B and management raised full-year 2026 guidance for revenue, adjusted EBITDA, adjusted EPS, and year-end leverage. New products including Befrena and Advantage Collar plus the New World screwworm backdrop add timely sector support.

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Idea window: 6/5/2026 – 6/12/2026Sector: Healthcare

AI Analyst Overview

Last Price
$23.74
Market Cap
$10.85B
1D Return
-3.93%
YTD Return
+4.90%

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Valuation Metrics

P/E
-44.7
P/B
1.7
P/S
2.2
EV/EBITDA
19.6
Div Yield
—

Fundamental Analysis

5.0

Key Financial Insights: • Leverage Load • Margin Recovery • Cash Pressure ELAN has solid near-term liquidity and a stronger latest quarter, but high leverage, a heavy interest burden, weak full-year profitability, and intangible-heavy equity keep financial risk elevated.

LeverageRisk
Liquidity

Price Behavior

6.0

Key Price Behavior Insights: • Volatile rebound • Range resistance • Support holding Support Level: $21.30-$21.70 Resistance Level: $24.00-$24.10 Over the last month, ELAN is modestly higher but still volatile, with a strong rebound from a mid-month low putting it back near $24 resistance without a confirmed breakout.

ELAN
constructive

Sentiment & News

7.0

Key News Insights: • Guidance raise • Product launches • Stock volatility Elanco delivered a strong Q1 with revenue and earnings beats, raised full-year guidance, and highlighted innovation-led growth and debt reduction, though the stock remained volatile.

Elanco
PetHealth
AI

AI Summary

6.0
Neutral

ELAN is no longer just a turnaround bet—the key question is whether its Q1 growth and raised guidance can translate into durable free cash flow and faster deleveraging, because a sustained move toward 3.0x–3.2x leverage would support a rerating while any cash-flow miss could quickly cap upside.

ReRating
FreeCashFlow
Deleveraging
AI summary updated 4 days ago

Description

Elanco Animal Health Inc. develops, manufactures and markets pharmaceuticals, vaccines and nutritional health products for companion animals and food-producing species, including treatments for parasites, infectious disease and common chronic conditions. The company distributes through third-party distributors, veterinarians and farm producers across beef, dairy, pork, poultry and aquaculture markets; it was founded in 1954 and is headquartered in Greenfield, Indiana.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Jun 5Jun 12ELANElanco Animal Health Incorporated
Animal-health recovery with concrete catalysts: Q1 2026 revenue grew 15% YoY to $1.371B and management raised full-year 2026 guidance for revenue, adjusted EBITDA, adjusted EPS, and year-end leverage. New products including Befrena and Advantage Collar plus the New World screwworm backdrop add timely sector support.
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Research content for educational purposes only. Not investment advice. All decisions are your responsibility.