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NYSE: CVS
CVS HEALTH Corp Stock Forecast, Predictions & Price Target

Analyst price target for CVS

Based on 14 analysts offering 12 month price targets for CVS HEALTH Corp.
Min Forecast
$88.00-5.02%
Avg Forecast
$100.79+8.78%
Max Forecast
$115.00+24.12%

Should I buy or sell CVS stock?

Based on 15 analysts offering ratings for CVS HEALTH Corp.
Strong Buy
Strong Buy
8 analysts 53.33%
Buy
4 analysts 26.67%
Hold
3 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CVS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Anonymous
Morgan Stanley
Strong BuyMaintains$115.00+24.12%2021-12-06
Seaport Global
Top 26%
75
BuyInitiates Coverage On$110.00+18.73%2021-12-01
Mizuho
Top 13%
88
Strong BuyMaintains$105.00+13.33%2021-11-10Find out why
Credit Suisse
Top 9%
92
BuyMaintains$107.00+15.49%2021-11-05
RBC Capital
Bottom 4%
4
BuyMaintains$107.00+15.49%2021-11-04
Barclays
Top 30%
71
Strong BuyMaintains$110.00+18.73%2021-11-04
Raymond James
Top 17%
84
Strong BuyMaintains$115.00+24.12%2021-11-04Find out why
Morgan Stanley
Top 29%
72
Strong BuyMaintains$114.00+23.04%2021-08-31
Deutsche Bank
Top 16%
85
Strong BuyMaintains$95.00+2.54%2021-06-22
Wolfe Research
Bottom 15%
15
BuyMaintains$93.00+0.38%2021-05-19

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Forecast return on equity

Is CVS forecast to generate an efficient return?
Company
15.86%
Industry
25.83%
Market
46.47%
CVS's Return on Equity is forecast to be low in 3 years (15.86%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is CVS forecast to generate an efficient return on assets?
Company
5.02%
Industry
8.44%
CVS is forecast to generate lower Return on Assets (5.02%) than the US Healthcare Plans industry average (8.44%)
Forecast

CVS earnings per share forecast

What is CVS's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$7.84+36.35%
Avg 2 year Forecast
$8.26+43.65%
Avg 3 year Forecast
$8.93+55.3%
CVS's earnings are forecast to grow at an exceptional rate of 20.35% per year
Forecast

CVS revenue forecast

What is CVS's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$288.0B+1.02%
Avg 2 year Forecast
$300.5B+5.4%
Avg 3 year Forecast
$315.3B+10.61%
CVS's revenue is forecast to grow at a rate of 2.8% per year, which is not exceptional
Forecast

CVS earnings growth forecast

How is CVS forecast to perform vs Healthcare Plans companies and vs the US market?
Company
20.35%
Industry
18.35%
Market
17.69%
CVS's earnings are forecast to grow faster (20.35% per year) than the US Healthcare Plans industry average (18.35%)
Forecast
CVS's earnings are forecast to grow faster (20.35% per year) than the US market average (17.69%)
Forecast
CVS's earnings are forecast to grow faster (20.35% per year) than the risk-free savings rate (1.4%)
Forecast

CVS revenue growth forecast

How is CVS forecast to perform vs Healthcare Plans companies and vs the US market?
Company
2.8%
Industry
5.27%
Market
10.71%
CVS's revenues are forecast to grow slower (2.8% per year) than the US Healthcare Plans industry average (5.27%)
Forecast
CVS's revenues are forecast to grow slower (2.8% per year) than the US market average (10.71%)
Forecast

CVS HEALTH Corp Stock Forecast FAQ

Is CVS HEALTH Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: CVS) stock is to Strong Buy CVS stock.

Out of 15 analysts, 8 (53.33%) are recommending CVS as a Strong Buy, 4 (26.67%) are recommending CVS as a Buy, 3 (20%) are recommending CVS as a Hold, 0 (0%) are recommending CVS as a Sell, and 0 (0%) are recommending CVS as a Strong Sell.

What is CVS's earnings growth forecast for 2021-2023?

(NYSE: CVS) CVS HEALTH Corp's forecast annual earnings growth rate of 20.35% is forecast to beat the US Healthcare Plans industry's average forecast earnings growth rate of 18.35%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 17.69%.

CVS HEALTH Corp's earnings in 2021 is $7,577,000,000.On average, 10 Wall Street analysts forecast CVS's earnings for 2021 to be $10,349,259,871, with the lowest CVS earnings forecast at $10,230,454,592, and the highest CVS earnings forecast at $11,154,495,652. On average, 11 Wall Street analysts forecast CVS's earnings for 2022 to be $10,903,684,507, with the lowest CVS earnings forecast at $10,626,472,189, and the highest CVS earnings forecast at $11,510,911,489.

In 2023, CVS is forecast to generate $11,788,123,807 in earnings, with the lowest earnings forecast at $11,431,707,970 and the highest earnings forecast at $12,223,743,164.

What is CVS's revenue growth forecast for 2021-2023?

(NYSE: CVS) CVS HEALTH Corp's forecast annual revenue growth rate of 2.8% is not forecast to beat the US Healthcare Plans industry's average forecast revenue growth rate of 5.27%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.71%.

CVS HEALTH Corp's revenue in 2021 is $285,061,000,000.On average, 7 Wall Street analysts forecast CVS's revenue for 2021 to be $380,133,098,949,995, with the lowest CVS revenue forecast at $372,446,312,906,530, and the highest CVS revenue forecast at $384,270,012,294,346. On average, 7 Wall Street analysts forecast CVS's revenue for 2022 to be $396,612,065,715,300, with the lowest CVS revenue forecast at $390,767,882,228,150, and the highest CVS revenue forecast at $403,314,881,355,896.

In 2023, CVS is forecast to generate $416,220,561,541,688 in revenue, with the lowest revenue forecast at $406,230,178,097,534 and the highest revenue forecast at $426,760,443,162,873.

What is CVS's forecast return on assets (ROA) for 2021-2023?

(NYSE: CVS) forecast ROA is 5.02%, which is lower than the forecast US Healthcare Plans industry average of 8.44%.

What is CVS's Price Target?

According to 14 Wall Street analysts that have issued a 1 year CVS price target, the average CVS price target is $100.79, with the highest CVS stock price forecast at $115.00 and the lowest CVS stock price forecast at $88.00.

On average, Wall Street analysts predict that CVS HEALTH Corp's share price could stay at $100.79 by Dec 1, 2022. The average CVS HEALTH Corp stock price prediction forecasts a potential downside of N/A from the current CVS share price of $92.65.

What is CVS's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: CVS) CVS HEALTH Corp's current Earnings Per Share (EPS) is $5.75. On average, analysts forecast that CVS's EPS will be $7.84 for 2021, with the lowest EPS forecast at $7.75, and the highest EPS forecast at $8.45. On average, analysts forecast that CVS's EPS will be $8.26 for 2022, with the lowest EPS forecast at $8.05, and the highest EPS forecast at $8.72. In 2023, CVS's EPS is forecast to hit $8.93 (min: $8.66, max: $9.26).

What is CVS's forecast return on equity (ROE) for 2021-2023?

(NYSE: CVS) forecast ROE is 15.86%, which is considered weak.
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