BUZZ-Street View: Eli Lilly's momentum is building despite pricing pressure

Reuters
Feb 05
BUZZ-Street View: Eli Lilly's momentum is building despite pricing pressure

** Eli Lilly LLY.N forecast strong growth for 2026 on Wednesday on the back of surging demand for obesity drugs, shaking off pricing pressures that sunk rival Novo Nordisk's NOVOb.CO outlook

** Median PT of 33 brokerages covering the stock is $1205 - data compiled by LSEG

ORFORGLIPRON LAUNCH ON THE HORIZON

** BMO ("outperform," PT: $1300) says Lilly is well positioned for 2026 and beyond; co's momentum is building into the new year with its incretin business continuing to drive significant growth despite pricing headwinds

** J.P. Morgan ("overweight," PT: $1300) sees rapid uptake among consumers for orforglipron especially among the "less-penetrated overweight population as well as among those wanting non-injectable options"

** Truist Securities ("buy," PT: $1281) says LLY has a strong growth year ahead fueled by the expansion of Mounjaro and launch of orforglipron in the U.S.

** Morningstar (fair value: $870) says Lilly's orforglipron has an upper hand internationally over rival Novo's Wegovy given its ease of manufacturing; adds orforglipron's launch in the U.S. in 2026 and in 2027 internationally will be a major catalyst for shares

(Reporting by Kanchana Chakravarty in Bengaluru)

((Kanchana.Chakravarty@thomsonreuters.com))

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