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Eli Lilly posts record revenue jump, eyes $1,750 stock by 2027 with new drug launches.

Company Fundamentals
23 Aug 2026
24/7 Wall Street
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Bullish
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Eli Lilly reported a 47.67% revenue increase to $22.974 billion, driven by strong sales of Mounjaro at nearly $10 billion. Despite price pressures and higher tax rates, the company raised its full-year guidance, reflecting confidence in growth. Analysts see potential for the stock to rise to $1,750 by 2027, fueled by upcoming drug approvals and global launches, though risks remain from competitive pressures and regulatory outcomes.

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