Cencora Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for Cencora stock have an average target of 235, with a low estimate of 213 and a high estimate of 261. The average target predicts a decrease of -0.78% from the current stock price of 236.85.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$213	$235	$242	$261
Change	-10.07%	-0.78%	+2.17%	+10.20%

* Price targets were last updated on Feb 26, 2024.

Analyst Ratings

The average analyst rating for Cencora stock from 4 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	0	0	0	0	0	0
Buy	2	0	1	2	2	2
Hold	6	1	1	2	2	2
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	1	2	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Cherny Leerink Partners	Leerink Partners	Buy Initiates $261	Buy	Initiates	$261	+10.20%	Feb 26, 2024
Omotayo Okusanya Mizuho	Mizuho	Hold Maintains $192 → $224	Hold	Maintains	$192 → $224	-5.43%	Feb 5, 2024
Stephanie Davis Barclays	Barclays	Buy Initiates $242	Buy	Initiates	$242	+2.17%	Jan 3, 2024
Eric Luebchow Wells Fargo	Wells Fargo	Hold Initiates $213	Hold	Initiates	$213	-10.07%	Dec 14, 2023
Jonathan Atkin RBC Capital	RBC Capital	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Nov 26, 2021

More Analyst Ratings

Financial Forecast

Revenue This Year

294.87B

from 262.17B

12.47%

from 262.17B

Revenue Next Year

313.69B

from 294.87B

6.38%

from 294.87B

EPS This Year

13.58

from 8.53

59.22%

from 8.53

EPS Next Year

14.74

from 13.58

8.49%

from 13.58

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	179.59B	189.89B	213.99B	238.59B	262.17B	294.87B	313.69B	330.79B	333.35B	349.93B
Revenue Growth	6.94%	5.74%	12.69%	11.50%	9.89%	12.47%	6.38%	5.45%	0.77%	4.97%
EPS	4.04	-16.65	7.39	8.04	8.53	13.58	14.74	16.11	16.88	18.15
EPS Growth	-46.35%	-	-	8.80%	6.09%	59.22%	8.49%	9.31%	4.77%	7.54%
No. Analysts	-	-	-	-	-	20	19	14	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	310.4B	333.2B	359.0B	349.9B	367.3B
Avg	294.9B	313.7B	330.8B	333.4B	349.9B
Low	283.4B	298.0B	312.9B	320.4B	336.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	18.4%	13.0%	14.5%	5.8%	10.2%
Avg	12.5%	6.4%	5.5%	0.8%	5.0%
Low	8.1%	1.1%	-0.3%	-3.1%	0.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	14.22	16.02	17.91	17.55	18.87
Avg	13.58	14.74	16.11	16.88	18.15
Low	13.06	12.69	14.69	16.38	17.61

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	66.7%	18.0%	21.6%	8.9%	11.8%
Avg	59.2%	8.5%	9.3%	4.8%	7.5%
Low	53.1%	-6.6%	-0.3%	1.7%	4.3%

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.