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Eli Lilly stock dips despite strong earnings; Citi sees 37% upside with $1,600 target.

Company Fundamentals
22 Sep 2026
24/7 Wall Street
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Bullish
Eli Lilly stock dips despite strong earnings; Citi sees 37% upside with $1,600 target.

Eli Lilly reported a strong quarter beating revenue and earnings estimates, driven by its dominant GLP-1 obesity and diabetes drugs Mounjaro and Zepbound. Despite this, the stock fell 7.2% over the past month due to pricing pressures and competition. Citigroup remains bullish with a $1,600 price target, expecting continued growth from new drugs and expanded Medicare coverage. Investors face risks from pricing and regulatory delays but the stock offers a compelling entry point with potential 37% gains.

Eli Lilly's stock price on Pluang is USD 1,147.20 as of Sep 22, 2026 18:51 WIB, down 1.48% in one day and below its 52-week high of USD 1,280 but well above the 52-week low of USD 714.59. Despite a recent 7.2% monthly decline noted in the news, the stock remains valued at over a trillion dollars in market cap on Pluang. The platform shows a typical hold time of 93 days and a dividend yield of 0.59%, with more sellers (66%) than buyers (34%) currently active.

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