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Elanco (ELAN) Jumps 19.7% to Record High on Earnings Boost

By Angelica Ballesteros | August 08, 2025, 11:53 AM

We recently published 10 Hot Stocks Making Winning Look Easy. Elanco Animal Health Inc. (NYSE:ELAN) is one of the best-performing stocks on Thursday.

Elanco saw its share prices surge to a new 52-week high on Thursday as investors cheered its strong earnings performance in the second quarter of the year.

During the session, Elanco Animal Health Inc. (NYSE:ELAN) jumped by as high as 19.7 percent to its highest price of $16.7 before ending the day just up by 18.14 percent at $16.48 apiece.

This followed the release of its earnings performance that saw the company swing to a net income of $11 million from a $50 million net loss in the same period last year. Revenues grew by 4.8 percent to $1.24 billion from $1.18 billion in the same comparable period.

In the first half, Elanco Animal Health Inc. (NYSE:ELAN) incurred a net income of $78 million, reversing an $18 million net loss in the same period last year. Revenues also inched up by 2 percent to $2.434 billion from $2.389 billion year-on-year.

For the full-year period, Elanco Animal Health Inc. (NYSE:ELAN) expects to incur a higher net loss of $14 million to $38 million versus the $7 million to $35 million previously.

Elanco (ELAN) Jumps 19.7% to Record High on Earnings Boost
Pixabay/Public Domain

Revenue target, however, was increased to $4.57 billion to $4.62 billion, from $4.51 billion to $4.58 billion previously.

While we acknowledge the potential of ELAN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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