Elevance Health, Inc. (ELV)
NYSE: ELV · Real-Time Price · USD
383.52
-4.54 (-1.16%)
Feb 21, 2025, 10:16 AM EST - Market open

Elevance Health Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Elevance Health stock have an average target of 530.83, with a low estimate of 405.4 and a high estimate of 649. The average target predicts an increase of 38.41% from the current stock price of 383.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $405.4 $530.83 $512 $649
Change +5.71% +38.41% +33.50% +69.22%

Analyst Ratings

The average analyst rating for Elevance Health stock from 15 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 554444
Buy 889999
Hold 111122
Sell 000000
Strong Sell 000000
Total 141414141515

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Argus Research
Argus Research
Hold
Reiterates
$405
Hold Reiterates $405 +5.71% Jan 29, 2025
Wells Fargo
Wells Fargo
Buy
Maintains
$483$478
Buy Maintains $483$478 +24.63% Jan 28, 2025
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$485
Buy Reiterates $485 +26.46% Jan 24, 2025
Barclays
Barclays
Buy
Maintains
$501$512
Buy Maintains $501$512 +33.50% Jan 24, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$520$480
Strong Buy Maintains $520$480 +25.16% Jan 6, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
194.71B
Revenue Next Year
208.89B
from 194.71B
Increased by 7.28%
EPS This Year
34.49
from 25.68
Increased by 34.33%
EPS Next Year
39.44
from 34.49
Increased by 14.36%
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
-----194.71B208.89B228.75B
Revenue Growth
16.94%13.76%12.95%9.41%3.19%-7.28%9.51%
EPS
17.9824.9524.2825.2225.6834.4939.4446.37
EPS Growth
-2.65%38.77%-2.69%3.87%1.81%34.33%14.36%17.55%
Forward PE
-----11.129.728.27
No. Analysts -----242211
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 213.9B 231.4B 252.3B
Avg 194.7B 208.9B 228.8B
Low 179.1B 192.2B 211.4B

Revenue Growth

Revenue Growth 202520262027
High -
18.8%
20.8%
Avg -
7.3%
9.5%
Low -
-1.3%
1.2%

EPS Forecast

EPS 20252026202720282029
High 36.54 43.68 50.66
Avg 34.49 39.44 46.37
Low 30.32 34.59 42.53

EPS Growth

EPS Growth 20252026202720282029
High
42.3%
26.6%
28.4%
Avg
34.3%
14.4%
17.6%
Low
18.1%
0.3%
7.8%
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.