FeesSafety
Pluang+

Eli Lilly stock hits record $1.3T value on strong weight-loss drug sales and raised earnings forecast

Company Fundamentals
29 Oct 2026, 19:59 WIB
New York Post
View Source
Bullish
Eli Lilly stock hits record $1.3T value on strong weight-loss drug sales and raised earnings forecast

Eli Lilly's stock surged 6% to a record $1.3 trillion valuation after reporting stronger-than-expected earnings driven by sales of weight-loss drugs Mounjaro and Zepbound. Both drugs exceeded sales expectations by over 5%, reinforcing Eli Lilly's dominance in the growing obesity drug market. Despite concerns over lower prices for Medicare patients, the company raised its full-year revenue forecast to $92 billion. Investors are also watching the performance of Lilly's new oral weight-loss drug Foundayo, which faces competition from Novo Nordisk's Wegovy in the U.S. and Europe.

As of Oct 30, 2026 00:11 WIB, Eli Lilly's stock price on Pluang is USD 1,371.56, up 6.42% with a market cap of $1.15 trillion, closely mirroring the surge noted in the news. Meanwhile, Novo Nordisk trades at USD 38.94, up 1.70%, with a market cap of $167.41 billion. Notably, Eli Lilly's Pluang order activity shows 71% buy interest, reflecting strong investor demand.

More News (LLY)

Eli Lilly posts strong Q3 with 38.6% revenue growth led by diabetes and obesity drug sales.

Eli Lilly posts strong Q3 with 38.6% revenue growth led by diabetes and obesity drug sales.

Eli Lilly reported a 38.6% year-over-year revenue increase to $24.4 billion in Q3, driven by strong sales of its diabetes and obesity treatments Mounjaro and Zepbound, which generated $16.08 billion, up 59.1% from last year. Sales of Ebglyss, a treat...

Company Fundamentals
Bullish
4 hours ago
Merck shares jump 5% after Q3 earnings beat and raised 2026 profit outlook

Merck shares jump 5% after Q3 earnings beat and raised 2026 profit outlook

Merck's stock rose 5% following its Q3 2026 earnings report, which beat analyst expectations with adjusted EPS of $2.49 and revenue of $18.09 billion. The company raised its 2026 adjusted EPS guidance to $2.77-$2.82, driven by strong sales of its can...

Bullish
6 hours ago
Eli Lilly raises 2026 revenue forecast as Zepbound weight-loss drug sales soar

Eli Lilly raises 2026 revenue forecast as Zepbound weight-loss drug sales soar

Eli Lilly reported a record quarter driven by strong sales of its weight-loss injection, Zepbound. The company raised its 2026 revenue outlook for the third time this year, now expecting between $91 billion and $92 billion. This reflects the growing ...

Company Fundamentals
Bullish
10 hours ago
Eli Lilly Q3 2026 revenue jumps 39% to $24.4B, driven by Mounjaro and Zepbound sales growth

Eli Lilly Q3 2026 revenue jumps 39% to $24.4B, driven by Mounjaro and Zepbound sales growth

Eli Lilly reported a 39% revenue increase to $24.4 billion in Q3 2026, led by strong sales of Mounjaro and Zepbound. Earnings per share rose 16% to $7.22 on a reported basis, with the company raising its full-year revenue guidance to $91-$92 billion....

Company Fundamentals
Bullish
10 hours ago
Eli Lilly set to report Q3 earnings driven by obesity and diabetes drugs, plus new obesity pill sales.

Eli Lilly set to report Q3 earnings driven by obesity and diabetes drugs, plus new obesity pill sales.

Eli Lilly will report its third-quarter earnings and revenue, expected to be boosted by strong sales of its obesity drug Zepbound and diabetes treatment Mounjaro. Investors are also watching the performance of Foundayo, an obesity pill launched in Ap...

Company Fundamentals
Bullish
11 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App