CVS Health Stock Forecast

Stock Price Forecast

The 21 analysts with 12-month price forecasts for CVS Health stock have an average target of 89.67, with a low estimate of 76 and a high estimate of 106. The average target predicts an increase of 29.23% from the current stock price of 69.39.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$76	$89.67	$88	$106
Change	+9.53%	+29.23%	+26.82%	+52.76%

Analyst Ratings

The average analyst rating for CVS Health stock from 22 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	7	8	8	6	6	6
Buy	12	12	12	13	13	12
Hold	3	3	3	3	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	22	23	23	22	23	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sarah James Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $87	Buy	Reiterates	$87	+25.38%	Apr 10, 2024
Stephen Baxter Wells Fargo	Wells Fargo	Hold Maintains $83 → $76	Hold	Maintains	$83 → $76	+9.53%	Apr 8, 2024
Sarah James Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $87	Buy	Reiterates	$87	+25.38%	Apr 4, 2024
Jessica Tassan Piper Sandler	Piper Sandler	Buy Maintains $93 → $94	Buy	Maintains	$93 → $94	+35.47%	Mar 15, 2024
Andrew Mok Barclays	Barclays	Hold Initiates $78	Hold	Initiates	$78	+12.41%	Mar 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

374.52B

from 357.78B

4.68%

from 357.78B

Revenue Next Year

396.71B

from 374.52B

5.92%

from 374.52B

EPS This Year

8.39

from 6.47

29.64%

from 6.47

EPS Next Year

9.28

from 8.39

10.67%

from 8.39

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	256.78B	268.71B	292.11B	322.47B	357.78B	374.52B	396.71B	422.37B	412.24B	453.18B
Revenue Growth	31.96%	4.65%	8.71%	10.39%	10.95%	4.68%	5.92%	6.47%	-2.40%	9.93%
EPS	5.08	5.46	6.02	3.26	6.47	8.39	9.28	10.20	11.54	11.72
EPS Growth	-	7.48%	10.26%	-45.85%	98.47%	29.64%	10.67%	9.87%	13.12%	1.55%
No. Analysts	-	-	-	-	-	30	29	16	4	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	396.2B	423.3B	461.6B	447.7B	471.1B
Avg	374.5B	396.7B	422.4B	412.2B	453.2B
Low	355.7B	376.4B	396.9B	376.2B	439.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	10.7%	13.0%	16.4%	6.0%	14.3%
Avg	4.7%	5.9%	6.5%	-2.4%	9.9%
Low	-0.6%	0.5%	0.0%	-10.9%	6.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	8.82	10.01	10.98	12.88	12.18
Avg	8.39	9.28	10.20	11.54	11.72
Low	7.95	8.74	9.53	10.56	11.37

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	36.3%	19.3%	18.3%	26.3%	5.6%
Avg	29.6%	10.7%	9.9%	13.1%	1.5%
Low	22.8%	4.2%	2.6%	3.6%	-1.5%

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.