
NYSE:LLY
This summary was created by AI, based on 29 opinions in the last 12 months.
Eli Lilly & Co. (LLY) is regarded as a leader in the diabetes and weight-loss drug market, particularly with its GLP-1 medications, which are poised for further growth as the company has ramped up production capabilities. Analysts expect strong earnings growth over the next few years, with favorable projections of up to 50% by 2026. While there is some volatility in the stock's performance due to competition and pricing differences, particularly from Novo Nordisk (NVO), Eli Lilly's diversified drug pipeline and financial strength provide a strong foundation. However, many experts suggest waiting for a pullback before entering, as the stock is experiencing high RSI levels and could be overbought. The anticipated introduction of an oral version of its weight-loss drug represents a potential game-changer that could expand market opportunities significantly, reinforcing the bullish outlook for LLY in the long run.
The more successful of the GLP-1 stocks compared to NVO. Decent entry point. Trades in the 30s on forward PE, so there's a strong expectation of prescription growth; every reason to believe that's going to happen.
Be cautious on position size; don't be aggressive. Stock was down 10% yesterday because NVO made a deal with CVS to become its prime recommended product for obesity. So NVO is starting to compete more on price.
He owns a small holding. Likes their growth profile from their weight-loss drug; they will continue to take market share from Novo Nordisk. The big news this week was that drug shortages were over. They lowered the price too. But shares are expensive at 20x PE on 2028 numbers--expensive for a pharmaceutical. It's had a big run, so he's not adding shares, but trimming.
This big pharma company has a host of weight loss GLP-1 medications that it will soon release progress reports on later this month, some of which have already received approvals to develop. It trades at 27x forward earnings and supports a 77% ROE. We recommend setting a stop-loss at $703, looking to achieve $987 -- upside potential over 20%. Yield 0.7%
(Analysts’ price target is $987.22)