Centene (CNC) Stock Forecast, Price Target & Predictions

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CNC Stock Forecast

Centene stock forecast is as follows: an average price target of $92.20 (represents a 56.72% upside from CNC’s last price of $58.83) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.

CNC Price Target

The average price target for Centene (CNC) is $92.20 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $112.00 to $72.00. This represents a potential 56.72% upside from CNC's last price of $58.83.

CNC Analyst Ratings

Buy

According to 14 Wall Street analysts, Centene's rating consensus is 'Buy'. The analyst rating breakdown for CNC stock is 0 'Strong Buy' (0.00%), 8 'Buy' (57.14%), 6 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Centene Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 29, 2024	Andrew Mok	Barclays	$91.00	$61.65	47.61%	54.68%
Sep 10, 2024	David Windley	Jefferies	$72.00	$71.00	1.41%	22.39%
Sep 05, 2024	Andrew Mok	Barclays	$97.00	$73.26	32.41%	64.88%
Jul 11, 2024	David Windley	Jefferies	$83.00	$66.38	25.04%	41.08%
Apr 29, 2024	David Windley	Jefferies	$90.00	$73.83	21.90%	52.98%
Apr 15, 2024	Stephen Baxter	Wells Fargo	$93.00	$73.02	27.36%	58.08%
Feb 08, 2023	-	Goldman Sachs	$74.00	$72.56	1.98%	25.79%
Feb 08, 2023	-	J.P. Morgan	$94.00	$70.98	32.43%	59.78%
Feb 08, 2023	-	Barclays	$93.00	$70.98	31.02%	58.08%
Jan 06, 2023	-	J.P. Morgan	$98.00	$78.66	24.59%	66.58%

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The latest Centene stock forecast, released on Oct 29, 2024 by Andrew Mok from Barclays, set a price target of $91.00, which represents a 47.61% increase from the stock price at the time of the forecast ($61.65), and a 54.68% increase from CNC last price ($58.83).

Centene Price Target by Period

	1M	3M	12M
# Anlaysts	1	3	6
Avg Price Target	$91.00	$86.67	$87.67
Last Closing Price	$58.83	$58.83	$58.83
Upside/Downside	54.68%	47.32%	49.02%

In the current month, the average price target of Centene stock is $91.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 54.68% increase as opposed to Centene's last price of $58.83. This month's average price target is up 5.00% compared to last quarter, and up 3.80% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 29, 2024	Barclays	Overweight	Overweight	Hold
Sep 10, 2024	Jefferies	Hold	Hold	Hold
Sep 05, 2024	Barclays	Overweight	Overweight	Hold
Aug 22, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Aug 19, 2024	Wells Fargo	Buy	Buy	Hold
Aug 05, 2024	Wells Fargo	Overweight	Overweight	Hold
Jul 29, 2024	Wells Fargo	Buy	Buy	Hold
Jul 24, 2024	Cowen & Co.	Buy	Buy	Hold
Jul 24, 2024	Jefferies	Buy	Hold	Downgrade
Jul 11, 2024	Jefferies	Buy	Buy	Hold

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Centene's last stock rating was published by Barclays on Oct 29, 2024. The company gave CNC a "Overweight" rating, the same as its previous rate.

Centene Financial Forecast

Centene Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$39.46B	-	$37.61B	$38.89B	$35.56B	$35.87B	$35.94B	$37.19B	$32.57B	$32.41B	$31.02B	$29.98B	$28.29B	$29.09B	$27.71B	$26.02B	$18.86B	$18.98B
Avg Forecast	$43.44B	$44.16B	$42.91B	$43.98B	$41.42B	$41.51B	$54.55B	$41.38B	$39.15B	$37.93B	$36.83B	$36.43B	$36.14B	$36.24B	$36.56B	$36.14B	$35.40B	$35.50B	$35.56B	$34.52B	$32.50B	$31.62B	$30.19B	$29.49B	$28.32B	$28.25B	$27.47B	$24.55B	$18.45B	$18.46B
High Forecast	$44.82B	$45.57B	$44.28B	$45.38B	$42.74B	$42.83B	$56.29B	$42.83B	$39.83B	$37.99B	$36.83B	$36.43B	$37.20B	$37.31B	$37.72B	$37.29B	$36.52B	$36.05B	$36.11B	$35.06B	$33.00B	$32.11B	$30.66B	$29.95B	$28.76B	$28.69B	$27.90B	$24.93B	$18.74B	$18.75B
Low Forecast	$42.63B	$43.34B	$42.12B	$43.16B	$40.65B	$40.74B	$53.55B	$40.58B	$38.90B	$37.87B	$36.83B	$36.43B	$35.55B	$35.73B	$35.88B	$35.47B	$34.74B	$34.67B	$34.72B	$33.71B	$31.74B	$30.88B	$29.48B	$28.80B	$27.66B	$27.59B	$26.83B	$23.98B	$18.02B	$18.03B
# Analysts	3	3	3	3	4	4	4	6	8	4	3	3	6	13	6	6	5	5	5	11	12	11	10	9	9	8	8	9	12	7
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.09%	-	1.03%	1.08%	1.00%	1.01%	1.01%	1.08%	1.00%	1.02%	1.03%	1.02%	1.00%	1.03%	1.01%	1.06%	1.02%	1.03%

Centene's average Quarter revenue forecast for Mar 24 based on 3 analysts is $36.43B, with a low forecast of $36.43B, and a high forecast of $36.43B. CNC's average Quarter revenue forecast represents a -7.67% decrease compared to the company's last Quarter revenue of $39.46B (Dec 23).

Centene EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	3	3	4	4	4	6	8	4	3	3	6	13	6	6	5	5	5	11	12	11	10	9	9	8	8	9	12	7
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-194.00M	-	$1.17B	$1.58B	$649.00M	$1.16B	$1.72B	$1.64B	$1.24B	$1.27B	$-23.00M	$1.47B	$453.00M	$1.26B	$2.46B	$599.00M	$548.00M	$435.00M
Avg Forecast	$1.54B	$1.56B	$1.52B	$1.55B	$1.46B	$1.47B	$1.93B	$1.46B	$1.38B	$1.34B	$1.30B	$1.87B	$1.28B	$1.28B	$1.29B	$1.70B	$1.32B	$1.20B	$1.20B	$1.54B	$1.09B	$1.06B	$1.02B	$1.44B	$953.75M	$951.27M	$925.14M	$677.66M	$621.28M	$621.62M
High Forecast	$1.58B	$1.61B	$1.57B	$1.60B	$1.51B	$1.51B	$1.99B	$1.51B	$1.41B	$1.34B	$1.30B	$2.24B	$1.32B	$1.32B	$1.33B	$2.04B	$1.59B	$1.21B	$1.22B	$1.85B	$1.11B	$1.08B	$1.03B	$1.72B	$968.59M	$966.06M	$939.53M	$813.19M	$630.95M	$631.29M
Low Forecast	$1.51B	$1.53B	$1.49B	$1.53B	$1.44B	$1.44B	$1.89B	$1.43B	$1.38B	$1.34B	$1.30B	$1.49B	$1.26B	$1.26B	$1.27B	$1.36B	$1.06B	$1.17B	$1.17B	$1.23B	$1.07B	$1.04B	$992.81M	$1.15B	$931.37M	$928.94M	$903.43M	$542.13M	$606.70M	$607.04M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.15%	-	0.91%	0.93%	0.49%	0.97%	1.43%	1.06%	1.13%	1.20%	-0.02%	1.03%	0.47%	1.32%	2.66%	0.88%	0.88%	0.70%

13 analysts predict CNC's average Quarter EBITDA for Sep 23 to be $1.28B, with a high of $1.32B and a low of $1.26B. This is 9.42% upper than Centene's previous annual EBITDA (Jun 23) of $1.17B.

Centene Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	3	3	4	4	4	6	8	4	3	3	6	13	6	6	5	5	5	11	12	11	10	9	9	8	8	9	12	7
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$45.00M	-	$1.06B	$1.13B	$-219.00M	$738.00M	$-171.00M	$849.00M	$593.00M	$584.00M	$-535.00M	$699.00M	$-12.00M	$568.00M	$1.21B	$46.00M	$209.00M	$95.00M
Avg Forecast	$467.97M	$1.04B	$1.31B	$1.41B	$427.75M	$960.77M	$1.14B	$1.22B	$239.34M	$709.25M	$1.11B	$935.57M	$219.90M	$811.45M	$1.07B	$850.52M	$638.73M	$654.81M	$848.74M	$773.20M	$518.25M	$660.28M	$643.37M	$681.42M	$249.66M	$511.30M	$1.26B	$52.04M	$387.75M	$504.04M
High Forecast	$487.38M	$1.08B	$1.36B	$1.47B	$445.50M	$1.00B	$1.19B	$1.75B	$309.49M	$738.67M	$1.11B	$1.12B	$271.04M	$930.33M	$1.12B	$1.02B	$766.48M	$664.87M	$865.90M	$927.84M	$528.73M	$660.61M	$656.38M	$817.70M	$254.70M	$521.64M	$1.29B	$62.45M	$395.59M	$514.23M
Low Forecast	$456.72M	$1.01B	$1.28B	$1.38B	$417.47M	$937.68M	$1.12B	$1.04B	$185.70M	$692.21M	$1.11B	$748.45M	$194.33M	$651.23M	$1.05B	$680.41M	$510.98M	$644.76M	$822.85M	$618.56M	$502.44M	$659.94M	$623.74M	$545.13M	$242.04M	$495.70M	$1.23B	$41.63M	$375.92M	$488.66M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.20%	-	0.98%	1.33%	-0.34%	1.13%	-0.20%	1.10%	1.14%	0.88%	-0.83%	1.03%	-0.05%	1.11%	0.95%	0.88%	0.54%	0.19%

Centene's average Quarter net income forecast for Mar 24 is $935.57M, with a range of $748.45M to $1.12B. CNC's average Quarter net income forecast represents a 1979.04% increase compared to the company's last Quarter net income of $45.00M (Dec 23).

Centene SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	3	3	4	4	4	6	8	4	3	3	6	13	6	6	5	5	5	11	12	11	10	9	9	8	8	9	12	7
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$3.49B	-	$3.02B	$3.01B	$3.20B	$2.85B	$2.80B	$2.75B	$2.84B	$2.68B	$2.27B	$2.37B	$3.10B	$2.88B	$2.63B	$2.73B	$1.73B	$1.62B
Avg Forecast	$3.75B	$3.82B	$3.71B	$3.80B	$3.58B	$3.59B	$4.71B	$3.58B	$3.38B	$3.28B	$3.18B	$3.02B	$3.12B	$3.13B	$3.16B	$2.75B	$3.03B	$3.07B	$3.07B	$2.50B	$2.81B	$2.73B	$2.61B	$2.31B	$2.45B	$2.44B	$2.37B	$3.28B	$1.59B	$1.60B
High Forecast	$3.87B	$3.94B	$3.83B	$3.92B	$3.69B	$3.70B	$4.86B	$3.70B	$3.44B	$3.28B	$3.18B	$3.63B	$3.21B	$3.22B	$3.26B	$3.30B	$3.64B	$3.12B	$3.12B	$3.00B	$2.85B	$2.77B	$2.65B	$2.77B	$2.49B	$2.48B	$2.41B	$3.93B	$1.62B	$1.62B
Low Forecast	$3.68B	$3.75B	$3.64B	$3.73B	$3.51B	$3.52B	$4.63B	$3.51B	$3.36B	$3.27B	$3.18B	$2.42B	$3.07B	$3.09B	$3.10B	$2.20B	$2.42B	$3.00B	$3.00B	$2.00B	$2.74B	$2.67B	$2.55B	$1.85B	$2.39B	$2.38B	$2.32B	$2.62B	$1.56B	$1.56B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.12%	-	0.95%	1.09%	1.06%	0.93%	0.91%	1.10%	1.01%	0.98%	0.87%	1.03%	1.27%	1.18%	1.11%	0.83%	1.09%	1.01%

Centene's average Quarter SG&A projection for Mar 24 is $3.02B, based on 3 Wall Street analysts, with a range of $2.42B to $3.63B. The forecast indicates a -13.28% fall compared to CNC last annual SG&A of $3.49B (Dec 23).

Centene EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	3	3	4	4	4	6	8	4	3	3	6	13	6	6	5	5	5	11	12	11	10	9	9	8	8	9	12	7
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$0.08	-	-	$2.05	$-0.39	$1.29	$-0.29	$1.46	$1.02	$1.00	$-0.92	$1.20	$-0.02	$0.98	$2.08	$0.08	$0.50	$0.23
Avg Forecast	$0.89	$1.98	$2.50	$2.70	$0.82	$1.84	$2.19	$2.32	$0.46	$1.35	$2.12	$2.06	$0.42	$1.55	$2.05	$2.00	$0.82	$1.23	$1.60	$1.68	$0.98	$1.24	$1.21	$1.50	$0.47	$0.96	$2.38	$0.98	$0.73	$0.95
High Forecast	$0.93	$2.07	$2.60	$2.81	$0.85	$1.91	$2.28	$3.35	$0.59	$1.41	$2.12	$2.06	$0.52	$1.78	$2.14	$2.08	$0.85	$1.25	$1.63	$1.72	$1.00	$1.24	$1.24	$1.53	$0.48	$0.98	$2.43	$1.00	$0.75	$0.97
Low Forecast	$0.87	$1.94	$2.44	$2.64	$0.80	$1.79	$2.13	$1.99	$0.35	$1.32	$2.12	$2.06	$0.37	$1.24	$2.00	$1.95	$0.80	$1.21	$1.55	$1.63	$0.95	$1.24	$1.18	$1.46	$0.46	$0.93	$2.31	$0.95	$0.71	$0.92
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.20%	-	0.00%	1.02%	-0.48%	1.05%	-0.18%	0.87%	1.04%	0.80%	-0.76%	0.80%	-0.04%	1.02%	0.87%	0.08%	0.68%	0.24%

According to 3 Wall Street analysts, Centene's projected average Quarter EPS for Mar 24 is $2.06, with a low estimate of $2.06 and a high estimate of $2.06. This represents a 2351.18% increase compared to CNC previous annual EPS of $0.08 (Dec 23).

Centene Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
BHG	NeueHealth	$16.35	$7.68K	46872.48%	Hold
CVS	CVS Health	$56.05	$98.50	75.74%	Buy
HUM	Humana	$271.35	$445.86	64.31%	Hold
CNC	Centene	$58.83	$92.20	56.72%	Buy
ELV	Elevance Health	$400.70	$538.74	34.45%	Buy
OSCR	Oscar Health	$15.98	$20.20	26.41%	Buy
MOH	Molina Healthcare	$292.19	$349.38	19.57%	Hold
CI	Cigna	$322.45	$318.74	-1.15%	Buy
UNH	UnitedHealth Group	$589.65	$577.00	-2.15%	Buy
ALHC	Alignment Healthcare	$11.17	$9.50	-14.95%	Buy

CNC Forecast FAQ

Is Centene a good buy?

Yes, according to 14 Wall Street analysts, Centene (CNC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 57.14% of CNC's total ratings.

What is CNC's price target?

Centene (CNC) average price target is $92.2 with a range of $72 to $112, implying a 56.72% from its last price of $58.83. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Centene stock go up soon?

According to Wall Street analysts' prediction for CNC stock, the company can go up by 56.72% (from the last price of $58.83 to the average price target of $92.2), up by 90.38% based on the highest stock price target, and up by 22.39% based on the lowest stock price target.

Can Centene stock reach $90?

CNC's average twelve months analyst stock price target of $92.2 supports the claim that Centene can reach $90 in the near future.

What is Centene's current price target trend?

1 Wall Street analyst forecast a $91 price target for Centene (CNC) this month, up 54.68% from its last price of $58.83. Compared to the last 3 and 12 months, the average price target increased by 47.32% and increased by 49.02%, respectively.

What are Centene's analysts' financial forecasts?

Centene's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $178.86B (high $184.7B, low $175.51B), average EBITDA is $6.32B (high $6.53B, low $6.21B), average net income is $3.75B (high $4.39B, low $3.52B), average SG&A $15.46B (high $15.96B, low $15.17B), and average EPS is $7.16 (high $8.39, low $6.72). CNC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $174.48B (high $180.05B, low $171.26B), average EBITDA is $6.17B (high $6.37B, low $6.05B), average net income is $4.23B (high $4.4B, low $4.13B), average SG&A $15.08B (high $15.56B, low $14.8B), and average EPS is $8.08 (high $8.41, low $7.88).

Did the CNC's actual financial results beat the analysts' financial forecasts?

Based on Centene's last annual report (Dec 2023), the company's revenue was $154B, beating the average analysts forecast of $145.08B by 6.15%. Apple's EBITDA was $2.93B, missing the average prediction of $5.55B by -47.20%. The company's net income was $2.7B, missing the average estimation of $2.96B by -8.59%. Apple's SG&A was $12.56B, beating the average forecast of $12.16B by 3.28%. Lastly, the company's EPS was $4.97, missing the average prediction of $6.02 by -17.47%. In terms of the last quarterly report (Dec 2023), Centene's revenue was $39.46B, beating the average analysts' forecast of $36.14B by 9.17%. The company's EBITDA was $-194M, missing the average prediction of $1.28B by -115.18%. Centene's net income was $45M, missing the average estimation of $219.9M by -79.54%. The company's SG&A was $3.49B, beating the average forecast of $3.12B by 11.68%. Lastly, the company's EPS was $0.0842, missing the average prediction of $0.42 by -79.95%