Centene Corporation (CNC)
NYSE: CNC · IEX Real-Time Price · USD
77.74
-0.32 (-0.41%)
May 20, 2024, 3:47 PM EDT - Market open
Centene Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Centene stock have an average target of 85.21, with a low estimate of 72 and a high estimate of 110. The average target predicts an increase of 9.61% from the current stock price of 77.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Centene 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 7 | 8 | 8 | 6 | 5 | 5 |
| Hold | 9 | 8 | 8 | 7 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 18 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $101 → $104 | Buy | Maintains | $101 → $104 | +33.78% | May 2, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $81 → $82 | Hold | Maintains | $81 → $82 | +5.48% | Apr 30, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $110 | Buy | Maintains | $110 | +41.50% | Apr 29, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $89 → $93 | Buy | Maintains | $89 → $93 | +19.63% | Apr 15, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $94 → $89 | Buy | Maintains | $94 → $89 | +14.48% | Apr 8, 2024 |
Financial Forecast
Revenue This Year
147.98B
from 154.00B
Decreased by -3.91%
Revenue Next Year
154.77B
from 147.98B
Increased by 4.59%
EPS This Year
6.84
from 4.95
Increased by 38.27%
EPS Next Year
7.66
from 6.84
Increased by 11.89%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 156.3B | 164.2B | 173.3B | 179.7B | 190.6B |
| Avg | 148.0B | 154.8B | 163.7B | 171.5B | 183.3B |
| Low | 140.9B | 147.6B | 154.0B | 165.1B | 177.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.5% | 11.0% | 12.0% | 9.8% | 11.2% |
| Avg | -3.9% | 4.6% | 5.8% | 4.8% | 6.9% |
| Low | -8.5% | -0.2% | -0.5% | 0.8% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.35 | 8.40 | 9.30 | 10.48 | 11.62 |
| Avg | 6.84 | 7.66 | 8.62 | 10.08 | 11.18 |
| Low | 6.50 | 7.17 | 8.05 | 9.78 | 10.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.5% | 22.7% | 21.5% | 21.6% | 15.3% |
| Avg | 38.3% | 11.9% | 12.5% | 17.0% | 10.9% |
| Low | 31.3% | 4.8% | 5.1% | 13.5% | 7.6% |
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.