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Centene (CNC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CNC Stock Forecast

Centene (CNC) stock forecast, based on 14 Wall Street analysts, predicts a 12-month average price target of $81.50, with a high of $91.00 and a low of $72.00. This represents a 27.52% increase from the last price of $63.91.

$60 $67 $74 $81 $88 $95 High: $91 Avg: $81.5 Low: $72 Last Closed Price: $63.91

CNC Stock Rating

Centene stock's rating consensus is Buy, based on 14 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (57.14%), 6 Hold (42.86%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 14 0 6 8 Strong Sell Sell Hold Buy Strong Buy

CNC Forecast vs Benchmarks

TypeNameUpside
StockCentene27.52%
SectorHealthcare Stocks 25.20%
IndustryHealthcare Plans Stocks17.36%

Price Target Trends

1M3M12M
# Anlaysts--6
Avg Price Target--$87.67
Last Closing Price$63.91$63.91$63.91
Upside/Downside--37.18%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 254861-19
Dec, 244891-22
Nov, 24589--22
Oct, 245810--23
Sep, 245710--22
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 29, 2024Andrew MokBarclays$91.00$61.6547.61%42.39%
Sep 10, 2024David WindleyJefferies$72.00$71.001.41%12.66%
Sep 05, 2024Andrew MokBarclays$97.00$73.2632.41%51.78%
Jul 11, 2024David WindleyJefferies$83.00$66.3825.04%29.87%
Apr 29, 2024David WindleyJefferies$90.00$73.8321.90%40.82%
Apr 15, 2024Stephen BaxterWells Fargo$93.00$73.0227.36%45.52%
Feb 08, 2023Goldman Sachs$74.00$72.561.98%15.79%
Feb 08, 2023J.P. Morgan$94.00$70.9832.43%47.08%
Feb 08, 2023Barclays$93.00$70.9831.02%45.52%
Jan 06, 2023J.P. Morgan$98.00$78.6624.59%53.34%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024BarclaysOverweightOverweighthold
Sep 10, 2024JefferiesHoldHoldhold
Sep 05, 2024BarclaysOverweightOverweighthold
Aug 22, 2024BarclaysEqual-WeightEqual-Weighthold
Aug 19, 2024Wells FargoBuyBuyhold
Aug 05, 2024Wells FargoOverweightOverweighthold
Jul 29, 2024Wells FargoBuyBuyhold
Jul 24, 2024Cowen & Co.BuyBuyhold
Jul 24, 2024JefferiesBuyHolddowngrade
Jul 11, 2024JefferiesBuyBuyhold

Financial Forecast

EPS Forecast

$2 $4 $6 $8 $10 $12 $13 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.17$2.31$2.09$4.97-----
Avg Forecast$5.00$5.12$5.73$6.58$6.84$7.21$8.00$9.00$11.61
High Forecast$4.80$4.91$5.59$6.53$6.78$5.72$6.49$8.19$11.31
Low Forecast$5.18$5.31$5.90$6.67$6.86$7.46$8.89$9.85$12.04
Surprise %-36.60%-54.88%-63.53%-24.47%-----

Revenue Forecast

$100B $170B $240B $310B $380B $450B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$111.11B$125.98B$144.55B$154.00B-----
Avg Forecast$111.33B$126.05B$144.42B$150.81B$161.39B$169.32B$173.29B$180.04B$397.48B
High Forecast$107.83B$122.09B$141.69B$149.95B$160.46B$168.77B$172.93B$179.74B$389.57B
Low Forecast$114.41B$129.53B$147.82B$152.45B$163.26B$170.07B$173.65B$180.35B$408.72B
Surprise %-0.20%-0.05%0.08%2.11%-----

Net Income Forecast

$500M $2B $3B $4B $6B $7B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.81B$1.35B$1.20B$2.70B-----
Avg Forecast$1.63B$1.26B$1.92B$2.70B$3.72B$3.60B$4.20B$4.92B$6.34B
High Forecast$1.30B$772.88M$1.47B$2.08B$3.70B$3.12B$3.54B$4.47B$6.17B
Low Forecast$1.97B$1.76B$2.36B$3.33B$3.74B$4.07B$4.85B$5.37B$6.57B
Surprise %10.66%6.57%-37.29%------

CNC Forecast FAQ

Is Centene stock a buy?

Centene stock has a consensus rating of Buy, based on 14 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 6 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Centene is a favorable investment for most analysts.

What is Centene's price target?

Centene's price target, set by 14 Wall Street analysts, averages $81.5 over the next 12 months. The price target range spans from $72 at the low end to $91 at the high end, suggesting a potential 27.52% change from the previous close price of $63.91.

How does Centene stock forecast compare to the average forecast of its sector, industry, and investment themes?

Centene stock forecast shows a 27.52% upside, outperforming the average forecast for the healthcare stocks sector (25.20%) and outperforming the healthcare plans stocks industry (17.36%).

What is the breakdown of analyst ratings for Centene over the past three months?

  • January 2025: 21.05% Strong Buy, 42.11% Buy, 31.58% Hold, 5.26% Sell, 0% Strong Sell.
  • December 2024: 18.18% Strong Buy, 36.36% Buy, 40.91% Hold, 4.55% Sell, 0% Strong Sell.
  • November 2024: 22.73% Strong Buy, 36.36% Buy, 40.91% Hold, 0% Sell, 0% Strong Sell.

What is Centene’s EPS forecast?

Centene's average annual EPS forecast for its fiscal year ending in December is 6.84 for 2024, a 37.63% increase from the reported $4.97 in 2023. The prediction for 2025 is $7.21, $8 for 2026, $9 for 2027, and $11.61 for 2028.

What is Centene’s revenue forecast?

Centene's average annual revenue forecast for its fiscal year ending in December is $161.39B for 2024, a 4.80% increase from the reported $154B in 2023. The forecast for 2025 is $169.32B, $173.29B for 2026, $180.04B for 2027, and $397.48B for 2028.

What is Centene’s net income forecast?

For its fiscal year ending in December, Centene's average annual net income forecast is $3.72B for 2024, reflecting an 37.64% increase from the reported $2.7B in 2023. The projection for 2025 is $3.6B, $4.2B for 2026, $4.92B for 2027, and $6.34B for 2028.