Centene Corporation (CNC)
NYSE: CNC · IEX Real-Time Price · USD
66.24
+0.55 (0.84%)
At close: Jul 19, 2024, 4:00 PM
67.00
+0.76 (1.15%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
Centene Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Centene stock have an average target of 86.14, with a low estimate of 72 and a high estimate of 110. The average target predicts an increase of 30.04% from the current stock price of 66.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Centene stock from 14 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 | 8 | 6 | 5 | 5 | 5 | 5 |
| Hold | 8 | 7 | 8 | 9 | 9 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 15 | 15 | 16 | 16 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $92 → $89 | Strong Buy | Maintains | $92 → $89 | +34.36% | Jul 15, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $90 → $83 | Strong Buy | Maintains | $90 → $83 | +25.30% | Jul 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $85 → $80 | Hold | Maintains | $85 → $80 | +20.77% | Jul 10, 2024 |
| Oppenheimer | Oppenheimer | Buy Reiterates $110 | Buy | Reiterates | $110 | +66.06% | Jun 21, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $90 | Buy | Reiterates | $90 | +35.87% | Jun 12, 2024 |
Financial Forecast
Revenue This Year
150.73B
from 154.00B
Decreased by -2.12%
Revenue Next Year
156.37B
from 150.73B
Increased by 3.74%
EPS This Year
6.92
from 4.95
Increased by 39.80%
EPS Next Year
7.68
from 6.92
Increased by 10.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 162.1B | 169.2B | 173.7B | 179.7B | 190.6B |
| Avg | 150.7B | 156.4B | 162.1B | 171.5B | 183.3B |
| Low | 135.6B | 145.2B | 152.6B | 165.1B | 177.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.3% | 12.2% | 11.1% | 10.8% | 11.2% |
| Avg | -2.1% | 3.7% | 3.7% | 5.8% | 6.9% |
| Low | -12.0% | -3.7% | -2.4% | 1.8% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.35 | 8.40 | 9.79 | 10.48 | 11.62 |
| Avg | 6.92 | 7.68 | 8.57 | 10.08 | 11.18 |
| Low | 6.61 | 7.12 | 7.17 | 9.78 | 10.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.5% | 21.4% | 27.5% | 22.2% | 15.3% |
| Avg | 39.8% | 10.9% | 11.7% | 17.5% | 10.9% |
| Low | 33.4% | 3.0% | -6.5% | 14.1% | 7.6% |
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.