📅 2 days ago Analyzed on Jan 16, 2026

LLY

Eli Lilly and Company
2026-01-16 04:54 PM
+1.36%
Lilly rebounds after sharp drop, supported by Nvidia AI lab and Ventyx acquisition news
Eli Lilly gained ground following yesterday's sharp decline, with positive catalysts including the announced $1 billion AI drug discovery lab partnership with Nvidia and the $1.2 billion acquisition of Ventyx Biosciences. According to Reuters and multiple sources, the company also faces headwinds from an FDA delay on its oral obesity pill orforglipron and a new antitrust lawsuit from compounding pharmacy Strive Specialties.

Analysis

Today's gain appears to be a partial recovery from yesterday's nearly 4% drop, which was driven by the FDA delay and lawsuit news. The Nvidia partnership and Ventyx acquisition provide offsetting positive narratives, with Jefferies maintaining a Buy rating and $1,300 price target. This follows a pattern seen earlier this week where the Nvidia announcement drove gains on Jan 12-13 before the negative news hit.

Date: 2026-01-16
Price: $1047.06
Type: Stock Specific
Confidence: medium

This is a permanent link to this specific analysis (ID: 2358)

Back to Dashboard