Centene Corporation (CNC)
NYSE: CNC · Real-Time Price · USD
63.82
+0.30 (0.47%)
Nov 4, 2024, 3:59 PM EST - Market closed
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 31.49% from the current stock price of 63.82.
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 | +41.02% | Nov 4, 2024 |
| Bernstein | Bernstein | Buy Maintains $96 → $88 | Buy | Maintains | $96 → $88 | +37.89% | Oct 30, 2024 |
| Barclays | Barclays | Buy Maintains $97 → $91 | Buy | Maintains | $97 → $91 | +42.59% | Oct 29, 2024 |
| Baird | Baird | Hold Maintains $83 → $66 | Hold | Maintains | $83 → $66 | +3.42% | Oct 25, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $90 | Buy | Reiterates | $90 | +41.02% | Oct 1, 2024 |
Financial Forecast
Revenue This Year
160.16B
Revenue Next Year
165.85B
from 160.16B
Increased by 3.55%
EPS This Year
6.80
from 4.95
Increased by 37.35%
EPS Next Year
7.24
from 6.80
Increased by 6.45%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 171.2B | 182.3B | 190.0B | ||
| Avg | 160.2B | 165.9B | 172.1B | ||
| Low | 141.7B | 154.3B | 157.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 13.8% | 14.5% | ||
| Avg | - | 3.6% | 3.8% | ||
| Low | - | -3.7% | -5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.35 | 8.40 | 9.11 | ||
| Avg | 6.80 | 7.24 | 8.07 | ||
| Low | 4.89 | 5.47 | 6.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.5% | 23.5% | 25.9% | ||
| Avg | 37.4% | 6.5% | 11.5% | ||
| Low | -1.2% | -19.6% | -15.4% |
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.