Elevance Health, Inc. (ELV)
NYSE: ELV · Real-Time Price · USD
318.08
+1.46 (0.46%)
At close: Nov 5, 2025, 4:00 PM EST
318.18
+0.10 (0.03%)
Pre-market: Nov 6, 2025, 7:06 AM EST

Elevance Health Stock Forecast

Stock Price Forecast

The 15 analysts that cover Elevance Health stock have a consensus rating of "Buy" and an average price target of $391.13, which forecasts a 22.97% increase in the stock price over the next year. The lowest target is $297 and the highest is $485.

Price Target: $391.13 (+22.97%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$297$391.13$394$485
Change-6.63%+22.97%+23.87%+52.48%

Analyst Ratings

The average analyst rating for Elevance Health stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJun '25Jul '25Aug '25Sep '25Oct '25Nov '25
Strong Buy544444
Buy788866
Hold233366
Sell000000
Strong Sell000000
Total141515151616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho
Mizuho
Buy
Maintains
$420$400
BuyMaintains$420$400+25.75%Nov 4, 2025
JP Morgan
JP Morgan
Buy
Maintains
$384$394
BuyMaintains$384$394+23.87%Oct 28, 2025
TD Cowen
TD Cowen
Strong Buy
Maintains
$330$380
Strong BuyMaintains$330$380+19.47%Oct 23, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$412$403
BuyMaintains$412$403+26.70%Oct 22, 2025
Barclays
Barclays
Buy
Maintains
$395$385
BuyMaintains$395$385+21.04%Oct 22, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
200.17B
from 176.81B
Increased by 13.21%
Revenue Next Year
206.62B
from 200.17B
Increased by 3.22%
EPS This Year
30.27
from 25.68
Increased by 17.89%
EPS Next Year
27.58
from 30.27
Decreased by -8.89%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
121.87B138.64B156.60B171.34B176.81B200.17B206.62B
Revenue Growth
16.94%13.77%12.95%9.41%3.19%13.21%3.22%
EPS
17.9824.9524.2825.2225.6830.2727.58
EPS Growth
-2.65%38.77%-2.69%3.87%1.82%17.89%-8.89%
Forward PE
-----10.5111.53
No. Analysts
-----2626
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue2025202620272028
High211.1B220.7B
Avg200.2B206.6B
Low192.7B193.6B

Revenue Growth

Revenue Growth2025202620272028
High
19.4%
10.2%
Avg
13.2%
3.2%
Low
9.0%
-3.3%

EPS Forecast

EPS20252026202720282029
High31.6633.17
Avg30.2727.58
Low29.0824.01

EPS Growth

EPS Growth20252026202720282029
High
23.3%
9.6%
Avg
17.9%
-8.9%
Low
13.2%
-20.7%
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.