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Eli Lilly raises 2026 outlook on strong demand for weight loss drugs Mounjaro and Zepbound

Company Fundamentals
30 Apr 2026
Vandana Singh
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Bullish
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Eli Lilly reported first-quarter earnings of $8.55 per share, beating estimates, with sales up 56% year-over-year to $19.79 billion driven by strong demand for weight loss drugs Mounjaro and Zepbound. The company raised its full-year 2026 earnings guidance to $35.50-$37.00 per share and sales guidance to $82-$85 billion, reflecting confidence in continued growth. Recent acquisitions in gene therapy and blood cancer treatments also support future pipeline expansion. Investors responded positively, sending shares up over 9%.

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