Cigna Corporation (CI)
NYSE: CI · IEX Real-Time Price · USD
325.91
-0.36 (-0.11%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Cigna Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Cigna stock have an average target of 378.21, with a low estimate of 330 and a high estimate of 435. The average target predicts an increase of 16.05% from the current stock price of 325.91.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cigna stock from 20 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 6 | 9 | 9 | 10 | 11 |
| Hold | 6 | 4 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 18 | 18 | 19 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Initiates $400 | Buy | Initiates | $400 | +22.73% | Jun 26, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $400 | Buy | Reiterates | $400 | +22.73% | Jun 12, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $432 → $435 | Buy | Maintains | $432 → $435 | +33.47% | May 30, 2024 |
| Baird | Baird | Buy Initiates $388 | Buy | Initiates | $388 | +19.05% | May 30, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $384 → $400 | Buy | Maintains | $384 → $400 | +22.73% | May 3, 2024 |
Financial Forecast
Revenue This Year
242.69B
from 195.27B
Increased by 24.29%
Revenue Next Year
254.82B
from 242.69B
Increased by 5.00%
EPS This Year
29.37
from 17.39
Increased by 68.91%
EPS Next Year
33.02
from 29.37
Increased by 12.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 250.4B | 267.3B | 284.8B | 315.2B | 349.9B |
| Avg | 242.7B | 254.8B | 271.1B | 287.5B | 318.3B |
| Low | 227.9B | 232.5B | 247.4B | 263.1B | 279.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.2% | 10.2% | 11.8% | 16.2% | 21.7% |
| Avg | 24.3% | 5.0% | 6.4% | 6.0% | 10.7% |
| Low | 16.7% | -4.2% | -2.9% | -3.0% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.19 | 34.56 | 40.77 | 43.17 | 47.58 |
| Avg | 29.37 | 33.02 | 37.02 | 41.31 | 45.43 |
| Low | 27.78 | 30.61 | 34.05 | 37.96 | 42.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 73.6% | 17.6% | 23.5% | 16.6% | 15.2% |
| Avg | 68.9% | 12.4% | 12.1% | 11.6% | 10.0% |
| Low | 59.8% | 4.2% | 3.1% | 2.5% | 1.8% |
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.