Here’s What the Street Thinks About Eli Lilly and Company (LLY)

Eli Lilly and Company (NYSE:LLY) is one of the safe stocks for beginners to buy in 2026. Eli Lilly and Company (NYSE:LLY) received a rating update from Leerink on June 25. The firm lifted the price target on the stock to $1,232 from $1,119 and maintained an Outperform rating on the shares.

Eli Lilly and Company (LLY) - Among the 10 Reliable Dividend Stocks to Buy for Long-Term Investors

In a separate development,  Eli Lilly and Company (NYSE:LLY) and BioArctic AB announced on June 22 their entry into a research and collaboration agreement regarding a potential new treatment combining BioArctic’s proprietary BrainTransporter technology with an undisclosed Lilly drug candidate in neurodegeneration. Management stated that BioArctic will receive USD 30 million in upfront payment as part of the agreement, and will be eligible to receive additional milestone payments of up to USD 770 million in addition to the upfront payment. The company will also be entitled to tiered mid-single-digit royalties on future global product sales if the product reaches the market.

Eli Lilly and Company (NYSE:LLY) develops, manufactures, discovers, and sells pharmaceutical products. These products span oncology, diabetes, immunology, neuroscience, and other therapies.

While we acknowledge the risk and potential of LLY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LLY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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