Elevance Health, Inc. (ELV)
NYSE: ELV · Real-Time Price · USD
346.98
+5.13 (1.50%)
At close: Jan 29, 2026, 4:00 PM EST
345.82
-1.16 (-0.33%)
Pre-market: Jan 30, 2026, 4:15 AM EST

Elevance Health Stock Forecast

Stock Price Forecast

The 17 analysts that cover Elevance Health stock have a consensus rating of "Buy" and an average price target of $391.94, which forecasts a 12.96% increase in the stock price over the next year. The lowest target is $297 and the highest is $485.

Price Target: $391.94 (+12.96%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$297$391.94$400$485
Change-14.40%+12.96%+15.28%+39.78%

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

RatingAug '25Sep '25Oct '25Nov '25Dec '25Jan '26
Strong Buy444444
Buy886667
Hold336677
Sell000000
Strong Sell000000
Total151516161718

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Guggenheim
Guggenheim
Strong Buy
Maintains
$414$396
Strong BuyMaintains$414$396+14.13%Jan 29, 2026
Guggenheim
Guggenheim
Strong Buy
Maintains
$398$414
Strong BuyMaintains$398$414+19.32%Jan 22, 2026
Wolfe Research
Wolfe Research
Buy
Upgrades
$425
BuyUpgrades$425+22.49%Jan 8, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$403$424
BuyMaintains$403$424+22.20%Jan 7, 2026
Barclays
Barclays
Buy
Maintains
$385$404
BuyMaintains$385$404+16.43%Jan 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
206.86B
from 199.13B
Increased by 3.88%
Revenue Next Year
216.16B
from 206.86B
Increased by 4.49%
EPS This Year
27.23
from 25.21
Increased by 8.02%
EPS Next Year
31.47
from 27.23
Increased by 15.56%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
138.64B156.60B171.34B176.81B199.13B206.86B216.16B
Revenue Growth
13.77%12.95%9.41%3.19%12.62%3.88%4.49%
EPS
24.9524.2825.2225.6825.2127.2331.47
EPS Growth
38.77%-2.69%3.87%1.82%-1.83%8.02%15.56%
Forward PE
-----12.7411.03
No. Analysts
-----2519
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue2026202720282029
High224.9B231.1B
Avg206.9B216.2B
Low193.6B199.2B

Revenue Growth

Revenue Growth2026202720282029
High
12.9%
11.7%
Avg
3.9%
4.5%
Low
-2.8%
-3.7%

EPS Forecast

EPS20262027202820292030
High31.0339.05
Avg27.2331.47
Low24.0127.59

EPS Growth

EPS Growth20262027202820292030
High
23.1%
43.4%
Avg
8.0%
15.6%
Low
-4.8%
1.3%
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.