Cardinal Health, Inc. (CAH)
NYSE: CAH · IEX Real-Time Price · USD
95.03
-0.27 (-0.28%)
At close: Jul 19, 2024, 4:00 PM
95.05
+0.02 (0.02%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Cardinal Health Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Cardinal Health stock have an average target of 111.55, with a low estimate of 90 and a high estimate of 130. The average target predicts an increase of 17.38% from the current stock price of 95.03.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CAH stock from 11 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 8 | 8 | 8 | 7 | 7 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 14 | 14 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $129 → $130 | Buy | Maintains | $129 → $130 | +36.80% | Jul 9, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $120 → $115 | Strong Buy | Maintains | $120 → $115 | +21.01% | May 15, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $110 → $115 | Hold | Maintains | $110 → $115 | +21.01% | May 3, 2024 |
| Baird | Baird | Buy Maintains $134 → $128 | Buy | Maintains | $134 → $128 | +34.69% | May 3, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $96 → $94 | Sell | Maintains | $96 → $94 | -1.08% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
227.94B
from 205.01B
Increased by 11.18%
Revenue Next Year
212.54B
from 227.94B
Decreased by -6.75%
EPS This Year
7.43
from 1.00
Increased by 643.35%
EPS Next Year
7.60
from 7.43
Increased by 2.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 238.4B | 238.2B | 279.2B | 268.0B | 288.7B |
| Avg | 227.9B | 212.5B | 231.8B | 247.1B | 263.8B |
| Low | 220.2B | 196.3B | 209.6B | 230.9B | 242.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 4.5% | 31.4% | 15.6% | 16.8% |
| Avg | 11.2% | -6.8% | 9.0% | 6.6% | 6.7% |
| Low | 7.4% | -13.9% | -1.4% | -0.4% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.77 | 8.00 | 9.26 | 9.70 | 10.55 |
| Avg | 7.43 | 7.60 | 8.45 | 9.29 | 10.07 |
| Low | 7.18 | 7.32 | 7.58 | 8.94 | 9.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 677.0% | 7.6% | 21.8% | 14.9% | 13.6% |
| Avg | 643.3% | 2.3% | 11.1% | 9.9% | 8.4% |
| Low | 618.3% | -1.5% | -0.4% | 5.8% | 3.9% |
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.