Elevance Health, Inc. (ELV)
NYSE: ELV · Real-Time Price · USD
425.73
-6.27 (-1.45%)
At close: Nov 6, 2026, 4:00 PM EST
425.62
-0.11 (-0.03%)
After-hours: Nov 6, 2026, 4:00 PM EST

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 $482.38. The average 1-year stock price forecast is 13.31% higher than the current stock price, while the lowest is $406 (-4.63%) and the highest is $523 (+22.85%).

Price Target: $482.38 (+13.31%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$406$482.38$492$523
Change-4.63%+13.31%+15.57%+22.85%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy121212121212
Buy323323
Hold787787
Sell000000
Strong Sell000000
Total222222222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Buy
Maintains
$488 → $520
BuyMaintains$488 → $520+22.14%Nov 4, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$473 → $492
BuyReiterates$473 → $492+15.57%Oct 27, 2026
TD Cowen
TD Cowen
Buy
Maintains
$465 → $495
BuyMaintains$465 → $495+16.27%Oct 23, 2026
Mizuho Securities
Mizuho Securities
Buy
Maintains
$470 → $490
BuyMaintains$470 → $490+15.10%Oct 23, 2026
Scott Fidel
Goldman Sachs
Goldman Sachs
Hold
Maintains
$395 → $451
HoldMaintains$395 → $451+5.94%Oct 23, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
198.85B
from 199.13B
Decreased by -0.14%
Revenue Next Year
203.75B
from 198.85B
Increased by 2.46%
EPS This Year
29.14
from 30.29
Decreased by -3.80%
EPS Next Year
30.30
from 29.14
Increased by 3.98%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
138.64B156.60B171.34B176.81B199.13B198.85B
Revenue Growth
13.77%12.95%9.41%3.19%12.62%-0.14%
Net Income
6.16B5.89B5.99B5.98B5.66B4.90B
EPS
----30.2929.14
EPS Growth
-----8.32%-3.80%
Forward PE
16.7016.1413.1711.2513.0914.61
Dividend / Share
4.525.125.926.526.846.86
Dividend Growth
18.95%13.27%15.63%10.14%4.91%0.30%
Free Cash Flow
----3.17B6.62B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High200.0B
Avg198.8B
Low196.8B

Revenue Growth

Revenue Growth202620272028
High
0.5%
Avg
-0.1%
Low
-1.2%

EPS Forecast

EPS202620272028
High30.28
Avg29.14
Low28.65

EPS Growth

EPS Growth202620272028
High
-0.0%
Avg
-3.8%
Low
-5.4%