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Eli Lilly raises full-year revenue forecast after 55.5% Q1 growth, eyes $1,500 share price by 2028.

Analyst Insights
03 Jun 2026
24/7 Wall Street
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Bullish
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Eli Lilly reported a 55.5% revenue increase in Q1, driven by strong sales of Mounjaro and Zepbound totaling $12.8 billion. Despite this growth, shares have only risen slightly due to pricing pressures and charges from acquisitions and litigation. The company raised its full-year revenue guidance to $82-$85 billion and analysts see potential for a 12% stock upside, with some bullish forecasts targeting up to $1,500 per share by 2028. Achieving this would depend on successful international expansion of obesity drugs and continued earnings growth amid regulatory risks.

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