We calculate the excitonic spectrum of few-layer black phosphorus by direct diagonalization of the effective mass Hamiltonian in the presence of an applied in-plane electric field. The strong attractive interaction between electrons and holes in this system allows one to investigate the Stark effect up to very high ionizing fields, including also the excited states. Our results show that the band anisotropy in black phosphorus becomes evident in the direction dependent field induced polarizability of the exciton. Excitons in semiconductors have been subject of investigation for many years. [1, 2] Such interacting electronhole pair mimics a hydrogen atom, with the hole playing the role of the nucleus.[3] It is well known that the hydrogen atom in the presence of an applied electric field exhibits degeneracy breaking and a quadratic energy shift due to the so called Stark effect. The experimental observation of such an effect for excitons in bulk semiconductors is however hindered by the low electronhole binding energy -for GaAs, for example, this energy is around 4.8 meV, [4] allowing only for very low ionizing electric fields. In such low fields, the exciton binding energy is not significantly modified, albeit the exciton peak broadens due to the decrease of the exciton lifetime. This is a consequence of exciton ionization, which makes the experimental observation of the exciton Stark effect much more challenging. This motivates the study of the Stark effect in quantum wells, which, through the so-called quantum confined Stark effect, can circumvent electron-hole dissociation, allowing the use of higher electric fields.[5] Alternatively, the excitonic Stark effect has been also theoretically investigated in carbon nanotubes, [6,7] where the electron-hole binding energies, depending on the nanotube configuration, may reach quite large values, [8] allowing for high ionizing fields. Nevertheless, setting up an experiment to detect this effect in carbon nanotubes is a difficult task, which has been achieved only very recently.[9] Strong exciton binding energies are also observed in conjugated polymer chains, [10] where exciton Stark shifts for high electric fields have been investigated as well. [11,12] In recent sudies on single or few-layer semiconductors, such as transition metal dichalcogenides and black phosphorus, exciton binding energies are found to be on the order of hundreds of meV, [13][14][15][16] which brings the possibility of experimentally observing the Stark effect of their excitons. In this context, the case of black phosphorus, [17-21] a layered material that has recently been fabricated in few-layer form [13] and has a strong potential for technological applications, [19,[22][23][24][25][26] is of special interest. Its effective mass anisotropy [27][28][29] leads to an exciton wave function with distinct distributions in different in-plane directions, so that the exciton Stark shift behavior, namely, its electric field induced dipole moments and polarizability, is expected to depend on the direc...