Why Eli Lilly Stock Is Soaring—and How It Plans to Stay on Top

Eli Lilly and Company TodayLLYEli Lilly and Company$932.06 +21.37 (+2.35%) 52-Week Range$547.61▼$972.53Dividend Yield0.56%P/E Ratio114.79Price Target$979.29Add to WatchlistIn a year and a half, Eli Lilly NYSE: LLY has roughly doubled in value. It is now the most valuable pharmaceutical company in the world. It took that mantle from the long-held dominance by Johnson and Johnson NYSE: JNJ back in May of 2023 and hasn’t looked back since. However, much of that increase in value has come due to multiple expans ...