Eli Lilly Q1 Revenue Surges 55.5%, Guidance Raised; Can LLY Hit $1,500 by 2028?
Eli Lilly (NYSE:LLY) posted a 55.5% revenue surge in Q1 2026, fueled by Mounjaro and Zepbound sales of $12.8 billion. The company raised its full-year guidance to $82-85 billion, yet shares are up just 1.11% year-to-date at $1,082.92. The big question: Can LLY reach $1,500 per share by 2028?
Key Numbers
Eli Lilly (NYSE:LLY) delivered exceptional Q1 2026 results, with revenue growing 55.5% year-over-year, driven by blockbuster diabetes and obesity drugs Mounjaro and Zepbound. The two drugs alone generated $12.8 billion in the quarter. Despite this explosive growth, the stock has risen only 1.11% year-to-date to $1,082.92.
Key Financial Results
| Metric | Q1 2026 | YoY Change |
|---|---|---|
| Revenue (Mounjaro & Zepbound) | $12.8B | +55.5% |
| Full-Year Guidance | $82-85B | Raised |
| Stock Price | $1,082.92 | +1.11% YTD |
Highlights from the Report
The company attributed the strong performance to surging demand for its diabetes and obesity treatments, particularly Mounjaro (for diabetes) and Zepbound (for obesity). Lilly also highlighted expansion of its pipeline and manufacturing capacity to meet growing demand.
Future Guidance
Eli Lilly raised its full-year revenue guidance to a range of $82-85 billion, reflecting confidence in continued strong momentum for Mounjaro and Zepbound.
Impact on the Stock
Despite the stellar results, the stock has underperformed year-to-date, possibly indicating that positive expectations were already priced in. However, some analysts believe the stock has room to run if sales continue to beat estimates.
What This Means for Investors
Lilly's strong results present an opportunity for investors seeking exposure to the growing healthcare sector, especially diabetes and obesity treatments. However, the stock may already be fairly valued, and any slowdown in growth could weigh on the price. Investors should closely monitor future guidance and key product sales.
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