Ken Langone Predicts Eli Lilly Will Reach $2,000 in Three to Four Years
Billionaire Home Depot co-founder and early investor Ken Langone forecasted on CNBC that Eli Lilly ($LLY) could climb to $2,000 per share within the next three to four years, representing roughly a 74% upside from its current level near $1,150.
Langone, who has held his position since 1977, pointed to the company's strong leadership under CEO David Ricks and R&D Head Dan Skovronsky, alongside a robust multi-therapeutic diversification push spanning Alzheimer's, immunology, oncology, and next-generation metabolic treatments.