Centene Corporation (CNC)
NYSE: CNC · Real-Time Price · USD
59.58
-0.13 (-0.22%)
Dec 20, 2024, 4:03 PM EST - Market closed
Centene Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Centene stock have an average target of 80.73, with a low estimate of 52 and a high estimate of 93. The average target predicts an increase of 35.50% from the current stock price of 59.58.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Centene stock from 15 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Buy | 4 | 4 | 4 | 5 | 5 | 6 |
| Hold | 8 | 8 | 6 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 12 | 13 | 13 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Buy Initiates $80 → $75 | Hold → Buy | Initiates | $80 → $75 | +25.88% | Dec 17, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $75 → $73 | Hold | Maintains | $75 → $73 | +22.52% | Dec 13, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $89 → $84 | Strong Buy | Maintains | $89 → $84 | +40.99% | Dec 13, 2024 |
| Barclays | Barclays | Buy Maintains $91 → $93 | Buy | Maintains | $91 → $93 | +56.09% | Dec 13, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $95 → $85 | Buy | Maintains | $95 → $85 | +42.67% | Dec 13, 2024 |
Financial Forecast
Revenue This Year
162.71B
Revenue Next Year
168.54B
from 162.71B
Increased by 3.58%
EPS This Year
6.77
from 4.95
Increased by 36.79%
EPS Next Year
7.12
from 6.77
Increased by 5.12%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 171.4B | 187.2B | 190.0B | |||
| Avg | 162.7B | 168.5B | 172.9B | |||
| Low | 152.0B | 154.3B | 157.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 15.0% | 12.7% | |||
| Avg | - | 3.6% | 2.6% | |||
| Low | - | -5.2% | -6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.30 | 7.75 | 9.11 | |||
| Avg | 6.77 | 7.12 | 8.11 | |||
| Low | 4.89 | 5.47 | 6.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 47.5% | 14.4% | 28.0% | |||
| Avg | 36.8% | 5.1% | 13.9% | |||
| Low | -1.2% | -19.2% | -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.