Centene Corporation (CNC)
NYSE: CNC · Real-Time Price · USD
73.70
-0.42 (-0.57%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Centene Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Centene stock have an average target of 85.58, with a low estimate of 69 and a high estimate of 97. The average target predicts an increase of 16.12% from the current stock price of 73.70.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Centene stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Hold | 8 | 9 | 9 | 8 | 8 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 16 | 16 | 14 | 14 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $90 | Buy | Reiterates | $90 | +22.12% | Sep 20, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $93 → $91 | Buy | Maintains | $93 → $91 | +23.47% | Sep 13, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $90 | Buy | Reiterates | $90 | +22.12% | Sep 10, 2024 |
| Barclays | Barclays | Buy Maintains $98 → $97 | Buy | Maintains | $98 → $97 | +31.61% | Sep 5, 2024 |
| Barclays | Barclays | Buy Maintains $90 → $98 | Buy | Maintains | $90 → $98 | +32.97% | Aug 22, 2024 |
Financial Forecast
Revenue This Year
157.22B
Revenue Next Year
162.45B
from 157.22B
Increased by 3.33%
EPS This Year
6.90
from 4.95
Increased by 39.45%
EPS Next Year
7.44
from 6.90
Increased by 7.79%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 166.7B | 179.1B | 187.2B | ||
| Avg | 157.2B | 162.4B | 168.4B | ||
| Low | 140.3B | 153.7B | 156.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 13.9% | 15.2% | ||
| Avg | - | 3.3% | 3.7% | ||
| Low | - | -2.2% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.27 | 8.04 | 9.21 | ||
| Avg | 6.90 | 7.44 | 8.29 | ||
| Low | 6.62 | 6.76 | 6.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.8% | 16.5% | 23.8% | ||
| Avg | 39.4% | 7.8% | 11.4% | ||
| Low | 33.6% | -2.0% | -9.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.