Centene Corporation (CNC)
NYSE: CNC · Real-Time Price · USD
59.10
+1.29 (2.23%)
At close: Nov 20, 2024, 4:00 PM
59.14
+0.04 (0.07%)
Pre-market: Nov 21, 2024, 7:21 AM EST
Centene Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Centene stock have an average target of 83.92, with a low estimate of 66 and a high estimate of 95. The average target predicts an increase of 42.00% from the current stock price of 59.10.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Centene stock from 13 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 5 | 4 | 4 | 4 | 5 | 5 |
| Hold | 9 | 8 | 8 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 14 | 14 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $91 → $90 | Buy | Maintains | $91 → $90 | +52.28% | Nov 4, 2024 |
| Bernstein | Bernstein | Buy Maintains $96 → $88 | Buy | Maintains | $96 → $88 | +48.90% | Oct 30, 2024 |
| Barclays | Barclays | Buy Maintains $97 → $91 | Buy | Maintains | $97 → $91 | +53.98% | Oct 29, 2024 |
| Baird | Baird | Hold Maintains $83 → $66 | Hold | Maintains | $83 → $66 | +11.68% | Oct 25, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $90 | Buy | Reiterates | $90 | +52.28% | Oct 1, 2024 |
Financial Forecast
Revenue This Year
162.96B
Revenue Next Year
167.33B
from 162.96B
Increased by 2.68%
EPS This Year
6.89
from 4.95
Increased by 39.16%
EPS Next Year
7.23
from 6.89
Increased by 4.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 171.2B | 182.3B | 190.0B | ||
| Avg | 163.0B | 167.3B | 172.7B | ||
| Low | 157.1B | 154.3B | 157.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 11.9% | 13.5% | ||
| Avg | - | 2.7% | 3.2% | ||
| Low | - | -5.3% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.30 | 7.75 | 9.11 | ||
| Avg | 6.89 | 7.23 | 8.15 | ||
| Low | 6.62 | 6.70 | 6.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 47.5% | 12.5% | 26.1% | ||
| Avg | 39.2% | 4.9% | 12.7% | ||
| Low | 33.6% | -2.8% | -5.4% |
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.