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NYSE: CAH
Cardinal Health Inc Stock Forecast, Predictions & Price Target

Analyst price target for CAH

Based on 6 analysts offering 12 month price targets for Cardinal Health Inc.
Min Forecast
$96.00-7.13%
Avg Forecast
$113.17+9.48%
Max Forecast
$125.00+20.92%

Should I buy or sell CAH stock?

Based on 6 analysts offering ratings for Cardinal Health Inc.
Buy
Strong Buy
2 analysts 33.33%
Buy
1 analysts 16.67%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

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CAH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-26
lockedlocked$00.00+00.00%2024-02-05
lockedlocked$00.00+00.00%2024-01-03
lockedlocked$00.00+00.00%2023-12-14
lockedlocked$00.00+00.00%2023-11-17
Mizuho
Top 7%
94
HoldMaintains$104.00+0.61%2023-11-06

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Forecast return on equity

Is CAH forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.5%

Forecast return on assets

Is CAH forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CAH revenue forecast

What is CAH's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$226.9B+4.98%
Avg 2 year Forecast
$245.7B+13.68%
Avg 3 year Forecast
$260.0B+20.3%
CAH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CAH earnings growth forecast

How is CAH forecast to perform vs Medical Distribution companies and vs the US market?
Company
71.17%
Industry
34.38%
Market
21.77%
CAH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CAH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CAH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CAH revenue growth forecast

How is CAH forecast to perform vs Medical Distribution companies and vs the US market?
Company
6.47%
Industry
7.26%
Market
10.16%
CAH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CAH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CAH vs Medical Distribution Stocks

TickerPricePrice TargetUp/downsideConsensus
CAH$103.37$113.17+9.48%Buy
HSIC$72.76$80.11+10.10%Buy
COR$237.69$235.00-1.13%Buy
PDCO$25.97$32.20+23.99%Hold
OMI$25.57$24.00-6.14%Hold

Cardinal Health Stock Forecast FAQ

Is Cardinal Health Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: CAH) stock is to Buy CAH stock.

Out of 6 analysts, 2 (33.33%) are recommending CAH as a Strong Buy, 1 (16.67%) are recommending CAH as a Buy, 2 (33.33%) are recommending CAH as a Hold, 0 (0%) are recommending CAH as a Sell, and 1 (16.67%) are recommending CAH as a Strong Sell.

If you're new to stock investing, here's how to buy Cardinal Health stock.

What is CAH's revenue growth forecast for 2024-2026?

(NYSE: CAH) Cardinal Health's forecast annual revenue growth rate of 6.47% is not forecast to beat the US Medical Distribution industry's average forecast revenue growth rate of 7.26%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.16%.

Cardinal Health's revenue in 2024 is $216,148,000,000.On average, 6 Wall Street analysts forecast CAH's revenue for 2024 to be $55,190,540,809,204, with the lowest CAH revenue forecast at $55,101,723,007,221, and the highest CAH revenue forecast at $55,416,782,180,602. On average, 6 Wall Street analysts forecast CAH's revenue for 2025 to be $59,767,051,633,674, with the lowest CAH revenue forecast at $58,527,297,117,496, and the highest CAH revenue forecast at $60,525,091,403,496.

In 2026, CAH is forecast to generate $63,249,234,368,580 in revenue, with the lowest revenue forecast at $61,925,036,112,209 and the highest revenue forecast at $65,459,660,158,134.

What is CAH's forecast return on assets (ROA) for 2024-2027?

(NYSE: CAH) forecast ROA is N/A, which is lower than the forecast US Medical Distribution industry average of N/A.

What is CAH's Price Target?

According to 6 Wall Street analysts that have issued a 1 year CAH price target, the average CAH price target is $113.17, with the highest CAH stock price forecast at $125.00 and the lowest CAH stock price forecast at $96.00.

On average, Wall Street analysts predict that Cardinal Health's share price could reach $113.17 by Feb 26, 2025. The average Cardinal Health stock price prediction forecasts a potential upside of 9.48% from the current CAH share price of $103.37.

What is CAH's forecast return on equity (ROE) for 2024-2027?

(NYSE: CAH) forecast ROE is N/A, which is considered weak.
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