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NYSE: CNC
Centene Corp Stock Forecast, Predictions & Price Target

Analyst price target for CNC

Based on 11 analysts offering 12 month price targets for Centene Corp.
Min Forecast
$69.00-4.22%
Avg Forecast
$86.18+19.63%
Max Forecast
$97.00+34.65%

Should I buy or sell CNC stock?

Based on 11 analysts offering ratings for Centene Corp.
Buy
Strong Buy
5 analysts 45.45%
Buy
1 analysts 9.09%
Hold
5 analysts 45.45%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CNC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-01
lockedlocked$00.00+00.00%2024-09-13
lockedlocked$00.00+00.00%2024-09-05
lockedlocked$00.00+00.00%2024-08-05
lockedlocked$00.00+00.00%2024-08-02
TD Cowen
Bottom 9%
9
Strong BuyMaintains$89.00+23.54%2024-07-31
Oppenheimer
Top 12%
89
BuyMaintains$95.00+31.87%2024-07-29
Jefferies
Top 17%
84
HoldDowngrades$69.00-4.22%2024-07-24
Truist Securities
Bottom 10%
10
Strong BuyMaintains$89.00+23.54%2024-07-15
JP Morgan
Top 29%
72
HoldMaintains$80.00+11.05%2024-07-10

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Forecast return on equity

Is CNC forecast to generate an efficient return?
Company
15.64%
Industry
29.92%
Market
52.28%
CNC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CNC forecast to generate an efficient return on assets?
Company
5.15%
Industry
9.44%
CNC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CNC earnings per share forecast

What is CNC's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$6.80+28.09%
Avg 2 year Forecast
$7.33+38.11%
Avg 3 year Forecast
$8.13+53.17%
CNC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CNC revenue forecast

What is CNC's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$156.1B-1.01%
Avg 2 year Forecast
$161.1B+2.13%
Avg 3 year Forecast
$162.9B+3.24%
CNC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CNC earnings growth forecast

How is CNC forecast to perform vs Healthcare Plans companies and vs the US market?
Company
18.08%
Industry
37.82%
Market
19.47%
CNC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CNC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CNC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CNC revenue growth forecast

How is CNC forecast to perform vs Healthcare Plans companies and vs the US market?
Company
0.78%
Industry
5.2%
Market
8.61%
CNC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CNC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CNC vs Healthcare Plan Stocks

TickerPricePrice TargetUp/downsideConsensus
CNC$72.04$86.18+19.63%Buy
HUM$241.78$335.71+38.85%Buy
MOH$331.36$374.40+12.99%Buy
OSCR$19.19$25.00+30.28%Buy
ALHC$10.87$9.50-12.60%Buy

Centene Stock Forecast FAQ

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

The consensus among 11 Wall Street analysts covering (NYSE: CNC) stock is to Buy CNC stock.

Out of 11 analysts, 5 (45.45%) are recommending CNC as a Strong Buy, 1 (9.09%) are recommending CNC as a Buy, 5 (45.45%) are recommending CNC as a Hold, 0 (0%) are recommending CNC as a Sell, and 0 (0%) are recommending CNC as a Strong Sell.

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

What is CNC's earnings growth forecast for 2024-2026?

(NYSE: CNC) Centene's forecast annual earnings growth rate of 18.08% is not forecast to beat the US Healthcare Plans industry's average forecast earnings growth rate of 37.82%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.47%.

Centene's earnings in 2024 is $2,823,000,000.On average, 8 Wall Street analysts forecast CNC's earnings for 2024 to be $3,577,950,854, with the lowest CNC earnings forecast at $3,492,839,200, and the highest CNC earnings forecast at $3,610,775,126. On average, 8 Wall Street analysts forecast CNC's earnings for 2025 to be $3,857,798,814, with the lowest CNC earnings forecast at $3,797,936,600, and the highest CNC earnings forecast at $3,934,704,400.

In 2026, CNC is forecast to generate $4,278,359,799 in earnings, with the lowest earnings forecast at $4,266,103,300 and the highest earnings forecast at $4,287,144,500.

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

(NYSE: CNC) Centene's forecast annual revenue growth rate of 0.78% is not forecast to beat the US Healthcare Plans industry's average forecast revenue growth rate of 5.2%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.61%.

Centene's revenue in 2024 is $157,745,000,000.On average, 7 Wall Street analysts forecast CNC's revenue for 2024 to be $82,136,616,638,740, with the lowest CNC revenue forecast at $81,593,828,375,000, and the highest CNC revenue forecast at $82,973,868,080,000. On average, 7 Wall Street analysts forecast CNC's revenue for 2025 to be $84,742,587,143,760, with the lowest CNC revenue forecast at $83,287,406,157,380, and the highest CNC revenue forecast at $87,022,457,975,000.

In 2026, CNC is forecast to generate $85,667,123,794,980 in revenue, with the lowest revenue forecast at $84,517,292,703,000 and the highest revenue forecast at $86,473,598,273,000.

What is CNC's forecast return on assets (ROA) for 2024-2026?

(NYSE: CNC) forecast ROA is 5.15%, which is lower than the forecast US Healthcare Plans industry average of 9.44%.

What is CNC's Price Target?

According to 11 Wall Street analysts that have issued a 1 year CNC price target, the average CNC price target is $86.18, with the highest CNC stock price forecast at $97.00 and the lowest CNC stock price forecast at $69.00.

On average, Wall Street analysts predict that Centene's share price could reach $86.18 by Oct 1, 2025. The average Centene stock price prediction forecasts a potential upside of 19.63% from the current CNC share price of $72.04.

What is CNC's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: CNC) Centene's current Earnings Per Share (EPS) is $5.31. On average, analysts forecast that CNC's EPS will be $6.80 for 2024, with the lowest EPS forecast at $6.64, and the highest EPS forecast at $6.86. On average, analysts forecast that CNC's EPS will be $7.33 for 2025, with the lowest EPS forecast at $7.22, and the highest EPS forecast at $7.48. In 2026, CNC's EPS is forecast to hit $8.13 (min: $8.11, max: $8.15).

What is CNC's forecast return on equity (ROE) for 2024-2026?

(NYSE: CNC) forecast ROE is 15.64%, which is considered weak.
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