Elevance Health, Inc. (ELV)
NYSE: ELV · Real-Time Price · USD
392.54
-1.89 (-0.48%)
At close: Aug 31, 2026, 4:00 PM EDT
392.54
0.00 (0.00%)
After-hours: Aug 31, 2026, 7:30 PM EDT

Elevance Health Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Elevance Health stock has a consensus rating of "Buy" and an average price target of $449.1. The average 1-year stock price forecast is 14.41% higher than the current stock price, while the lowest is $393 (+0.12%) and the highest is $492 (+25.34%).

Price Target: $449.1 (+14.41%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$393$449.1$457$492
Change+0.12%+14.41%+16.42%+25.34%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy111112121212
Buy333233
Hold887877
Sell000000
Strong Sell000000
Total222222222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Buy
Reiterates
$488
BuyReiterates$488+24.32%Aug 28, 2026
Barclays
Barclays
Buy
Reiterates
$457
BuyReiterates$457+16.42%Jul 20, 2026
Leerink Partners
Leerink Partners
Hold
Reiterates
$364$395
HoldReiterates$364$395+0.63%Jul 17, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$465
BuyReiterates$465+18.46%Jul 17, 2026
Jefferies
Jefferies
Buy
Maintains
$391$450
BuyMaintains$391$450+14.64%Jul 16, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
196.24B
from 199.13B
Decreased by -1.45%
Revenue Next Year
200.39B
from 196.24B
Increased by 2.12%
EPS This Year
27.16
from 30.29
Decreased by -10.33%
EPS Next Year
29.61
from 27.16
Increased by 9.00%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
138.64B156.60B171.34B176.81B199.13B196.24B
Revenue Growth
13.77%12.95%9.41%3.19%12.62%-1.45%
Net Income
6.16B5.89B5.99B5.98B5.66B4.53B
EPS
----30.2927.16
EPS Growth
-----8.32%-10.33%
Forward PE
16.7016.1413.1711.2513.0914.45
Dividend / Share
4.525.125.926.526.846.89
Dividend Growth
18.95%13.27%15.63%10.14%4.91%0.71%
Free Cash Flow
3.61B8.43B3.00B7.26B3.40B6.11B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High199.1B
Avg196.2B
Low192.7B

Revenue Growth

Revenue Growth202620272028
High
-0.0%
Avg
-1.5%
Low
-3.2%

EPS Forecast

EPS202620272028
High28.25
Avg27.16
Low27.00

EPS Growth

EPS Growth202620272028
High
-6.7%
Avg
-10.3%
Low
-10.9%