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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
$107.00+9.13%
Avg Forecast
$115.43+17.72%
Max Forecast
$127.00+29.53%

Should I buy or sell CVS stock?

Based on 14 analysts offering ratings for CVS HEALTH CORP.
Buy
Strong Buy
5 analysts 35.71%
Buy
6 analysts 42.86%
Hold
3 analysts 21.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CVS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bernstein
Bottom 20%
20
HoldDowngrades$112.00+14.23%2022-05-27
Deutsche Bank
Top 14%
87
HoldMaintains$113.00+15.25%2022-05-05
Morgan Stanley
Top 3%
98
Strong BuyMaintains$127.00+29.53%2022-05-05
Raymond James
Top 24%
77
BuyDowngrades$120.00+22.39%2022-02-14
Tigress Financial
Bottom 9%
9
BuyMaintains$122.00+24.43%2021-12-23
Mizuho
Top 15%
86
Strong BuyMaintains$115.00+17.29%2021-12-20Find out why
Goldman Sachs
Bottom 13%
13
Strong BuyInitiates Coverage On$121.00+23.41%2021-12-14
Morgan Stanley
Bottom 31%
31
Strong BuyMaintains$125.00+27.49%2021-12-13Find out why
Wells Fargo
Bottom 6%
6
HoldMaintains$107.00+9.13%2021-12-13
Credit Suisse
Bottom 6%
6
BuyMaintains$120.00+22.39%2021-12-10

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Forecast return on equity

Is CVS forecast to generate an efficient return?
Company
18.92%
Industry
28.83%
Market
38.7%
CVS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CVS forecast to generate an efficient return on assets?
Company
6%
Industry
9.51%
CVS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CVS earnings per share forecast

What is CVS's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$8.33+37.23%
Avg 2 year Forecast
$9.08+49.59%
Avg 3 year Forecast
$10.65+75.45%
CVS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CVS revenue forecast

What is CVS's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$308.3B+2.84%
Avg 2 year Forecast
$322.3B+7.48%
Avg 3 year Forecast
$338.1B+12.77%
CVS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CVS earnings growth forecast

How is CVS forecast to perform vs Healthcare Plans companies and vs the US market?
Company
23.39%
Industry
19.05%
Market
16.37%
CVS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CVS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CVS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CVS revenue growth forecast

How is CVS forecast to perform vs Healthcare Plans companies and vs the US market?
Company
3.74%
Industry
6.72%
Market
8.39%
CVS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CVS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CVS vs Healthcare Plan Stocks

TickerPricePrice TargetUp/downsideConsensus
CVS$98.05$115.43+17.72%Buy
ANTM$520.55$524.77+0.81%Strong Buy
CI$272.40$283.91+4.23%Buy
HUM$461.21$506.85+9.89%Buy
CNC$84.41$88.94+5.36%Buy

CVS HEALTH Stock Forecast FAQ

Is CVS HEALTH Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: CVS) stock is to Buy CVS stock.

Out of 14 analysts, 5 (35.71%) are recommending CVS as a Strong Buy, 6 (42.86%) are recommending CVS as a Buy, 3 (21.43%) 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 2022-2024?

(NYSE: CVS) CVS HEALTH's forecast annual earnings growth rate of 23.39% is forecast to beat the US Healthcare Plans industry's average forecast earnings growth rate of 19.05%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 16.37%.

CVS HEALTH's earnings in 2022 is $7,999,000,000.On average, 9 Wall Street analysts forecast CVS's earnings for 2022 to be $10,923,204,586, with the lowest CVS earnings forecast at $10,831,412,951, and the highest CVS earnings forecast at $10,975,656,949. On average, 10 Wall Street analysts forecast CVS's earnings for 2023 to be $11,906,686,392, with the lowest CVS earnings forecast at $11,237,918,764, and the highest CVS earnings forecast at $13,690,066,733.

In 2024, CVS is forecast to generate $13,965,441,638 in earnings, with the lowest earnings forecast at $12,981,959,833 and the highest earnings forecast at $14,962,036,534.

What is CVS's revenue growth forecast for 2022-2024?

(NYSE: CVS) CVS HEALTH's forecast annual revenue growth rate of 3.74% is not forecast to beat the US Healthcare Plans industry's average forecast revenue growth rate of 6.72%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.39%.

CVS HEALTH's revenue in 2022 is $299,840,000,000.On average, 7 Wall Street analysts forecast CVS's revenue for 2022 to be $404,329,936,812,567, with the lowest CVS revenue forecast at $402,563,493,339,926, and the highest CVS revenue forecast at $405,316,586,740,789. On average, 7 Wall Street analysts forecast CVS's revenue for 2023 to be $422,577,750,653,737, with the lowest CVS revenue forecast at $415,536,011,747,194, and the highest CVS revenue forecast at $425,699,443,856,138.

In 2024, CVS is forecast to generate $443,376,395,027,651 in revenue, with the lowest revenue forecast at $442,534,383,801,600 and the highest revenue forecast at $444,218,406,253,703.

What is CVS's forecast return on assets (ROA) for 2022-2024?

(NYSE: CVS) forecast ROA is 6%, which is lower than the forecast US Healthcare Plans industry average of 9.51%.

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 $115.43, with the highest CVS stock price forecast at $127.00 and the lowest CVS stock price forecast at $107.00.

On average, Wall Street analysts predict that CVS HEALTH's share price could reach $115.43 by May 27, 2023. The average CVS HEALTH stock price prediction forecasts a potential upside of 17.72% from the current CVS share price of $98.05.

What is CVS's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CVS) CVS HEALTH's current Earnings Per Share (EPS) is $6.07. On average, analysts forecast that CVS's EPS will be $8.33 for 2022, with the lowest EPS forecast at $8.26, and the highest EPS forecast at $8.37. On average, analysts forecast that CVS's EPS will be $9.08 for 2023, with the lowest EPS forecast at $8.57, and the highest EPS forecast at $10.44. In 2024, CVS's EPS is forecast to hit $10.65 (min: $9.90, max: $11.41).

What is CVS's forecast return on equity (ROE) for 2022-2024?

(NYSE: CVS) forecast ROE is 18.92%, which is considered weak.
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