CVS Health Corporation (CVS)
NYSE: CVS · IEX Real-Time Price · USD
59.26
+1.05 (1.80%)
Jul 12, 2024, 2:05 PM EDT - Market open

CVS Health Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for CVS Health stock have an average target of 76.1, with a low estimate of 58 and a high estimate of 100. The average target predicts an increase of 28.42% from the current stock price of 59.26.

Analyst Consensus: Buy
Target Low Average Median High
Price $58 $76.1 $80 $100
Change -2.13% +28.42% +35.00% +68.75%
* Price targets were last updated on Jun 12, 2024.

Analyst Ratings

The average analyst rating for CVS Health stock from 21 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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 666666
Buy 131312888
Hold 344777
Sell 000000
Strong Sell 000000
Total 222322212121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$58
Hold Reiterates $58 -2.13% Jun 12, 2024
JP Morgan
JP Morgan
Buy
Maintains
$101$86
Buy Maintains $101$86 +45.12% May 30, 2024
Baird
Baird
Hold
Initiates
$61
Hold Initiates $61 +2.94% May 30, 2024
Argus Research
Argus Research
Strong Buy
Maintains
$100$80
Strong Buy Maintains $100$80 +35.00% May 8, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$76$60
Hold Maintains $76$60 +1.25% May 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
372.45B
from 357.78B
Increased by 4.10%
Revenue Next Year
390.91B
from 372.45B
Increased by 4.96%
EPS This Year
7.10
from 6.47
Increased by 9.71%
EPS Next Year
7.93
from 7.10
Increased by 11.70%
Year 2019202020212022202320242025202620272028
Revenue
256.78B268.71B292.11B322.47B357.78B372.45B390.91B414.70B436.89B456.50B
Revenue Growth
31.96%4.65%8.71%10.39%10.95%4.10%4.96%6.09%5.35%4.49%
EPS
5.085.466.023.266.477.107.938.909.7310.60
EPS Growth
-7.48%10.26%-45.85%98.47%9.71%11.70%12.21%9.34%8.98%
Forward PE
-----8.357.476.666.095.59
No. Analysts -----31301964
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 392.7B 428.4B 474.3B 476.1B 476.2B
Avg 372.5B 390.9B 414.7B 436.9B 456.5B
Low 354.8B 369.3B 389.0B 411.7B 441.4B

Revenue Growth

Revenue Growth 20242025202620272028
High
9.8%
15.0%
21.3%
14.8%
9.0%
Avg
4.1%
5.0%
6.1%
5.4%
4.5%
Low
-0.8%
-0.9%
-0.5%
-0.7%
1.0%

EPS Forecast

EPS 20242025202620272028
High 8.43 9.60 10.78 10.71 11.71
Avg 7.10 7.93 8.90 9.73 10.60
Low 6.37 7.37 7.58 9.04 9.82

EPS Growth

EPS Growth 20242025202620272028
High
30.3%
35.2%
36.0%
20.4%
20.3%
Avg
9.7%
11.7%
12.2%
9.3%
9.0%
Low
-1.5%
3.8%
-4.4%
1.6%
0.9%
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.