Elevance Health, Inc. (ELV)
NYSE: ELV · Real-Time Price · USD
435.04
-2.73 (-0.62%)
Apr 16, 2025, 4:00 PM EDT - Market closed

Elevance Health Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Elevance Health stock have an average target of 524.4, with a low estimate of 405.4 and a high estimate of 631. The average target predicts an increase of 20.54% from the current stock price of 435.04.

Analyst Consensus: Buy
Target Low Average Median High
Price $405.4 $524.4 $518 $631
Change -6.81% +20.54% +19.07% +45.04%

Analyst Ratings

The average analyst rating for Elevance Health stock from 16 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 '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 444445
Buy 999998
Hold 112223
Sell 000000
Strong Sell 000000
Total 141415151516

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Hold
Downgrades
$625$529
Hold Downgrades $625$529 +21.60% Apr 15, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$480$510
Strong Buy Maintains $480$510 +17.23% Apr 11, 2025
Guggenheim
Guggenheim
Strong Buy
Initiates
$518
Strong Buy Initiates $518 +19.07% Apr 9, 2025
Mizuho
Mizuho
Buy
Maintains
$455$505
Buy Maintains $455$505 +16.08% Apr 9, 2025
Argus Research
Argus Research
Hold
Reiterates
$405
Hold Reiterates $405 -6.81% Jan 29, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
195.09B
from 176.81B
Increased by 10.34%
Revenue Next Year
209.54B
from 195.09B
Increased by 7.41%
EPS This Year
34.50
from 25.68
Increased by 34.34%
EPS Next Year
39.49
from 34.50
Increased by 14.48%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
121.87B138.64B156.60B171.34B176.81B195.09B209.54B227.87B
Revenue Growth
16.94%13.77%12.95%9.41%3.19%10.34%7.41%8.75%
EPS
17.9824.9524.2825.2225.6834.5039.4946.02
EPS Growth
-2.65%38.77%-2.69%3.87%1.82%34.34%14.48%16.52%
Forward PE
-----12.6111.029.45
No. Analysts -----242112
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 213.9B 231.4B 252.3B
Avg 195.1B 209.5B 227.9B
Low 186.2B 199.3B 212.7B

Revenue Growth

Revenue Growth 2025202620272028
High
21.0%
18.6%
20.4%
Avg
10.3%
7.4%
8.7%
Low
5.3%
2.1%
1.5%

EPS Forecast

EPS 20252026202720282029
High 36.33 43.68 50.66
Avg 34.50 39.49 46.02
Low 30.32 36.20 41.94

EPS Growth

EPS Growth 20252026202720282029
High
41.5%
26.6%
28.3%
Avg
34.3%
14.5%
16.5%
Low
18.1%
4.9%
6.2%
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.