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NYSE: ELV
Elevance Health Inc Stock Forecast, Predictions & Price Target

Analyst price target for ELV

Based on 5 analysts offering 12 month price targets for Elevance Health Inc.
Min Forecast
$552.00+6.45%
Avg Forecast
$575.40+10.97%
Max Forecast
$587.00+13.2%

Should I buy or sell ELV stock?

Based on 5 analysts offering ratings for Elevance Health Inc.
Strong Buy
Strong Buy
4 analysts 80%
Buy
1 analysts 20%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ELV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-06
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-01-25
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-10-19

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Forecast return on equity

Is ELV forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.27%

Forecast return on assets

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

ELV revenue forecast

What is ELV's revenue in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$172.4B+0.6%
Avg 2 year Forecast
$182.5B+6.51%
Avg 3 year Forecast
$197.0B+14.97%
ELV's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ELV earnings growth forecast

How is ELV forecast to perform vs Healthcare Plans companies and vs the US market?
Company
24.13%
Industry
29.42%
Market
22.08%
ELV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ELV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ELV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ELV revenue growth forecast

How is ELV forecast to perform vs Healthcare Plans companies and vs the US market?
Company
4.57%
Industry
5.39%
Market
10.52%
ELV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ELV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ELV vs Healthcare Plan Stocks

TickerPricePrice TargetUp/downsideConsensus
ELV$518.54$575.40+10.97%Strong Buy
CI$363.19$375.54+3.40%Strong Buy
CVS$79.76$90.00+12.84%Strong Buy
CNC$78.48$88.00+12.13%Strong Buy
HUM$346.72$462.57+33.41%Buy

Elevance Health Stock Forecast FAQ

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

The consensus among 5 Wall Street analysts covering (NYSE: ELV) stock is to Strong Buy ELV stock.

Out of 5 analysts, 4 (80%) are recommending ELV as a Strong Buy, 1 (20%) are recommending ELV as a Buy, 0 (0%) are recommending ELV as a Hold, 0 (0%) are recommending ELV as a Sell, and 0 (0%) are recommending ELV as a Strong Sell.

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

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

(NYSE: ELV) Elevance Health's forecast annual revenue growth rate of 4.57% is not forecast to beat the US Healthcare Plans industry's average forecast revenue growth rate of 5.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.52%.

Elevance Health's revenue in 2024 is $171,340,000,000.On average, 13 Wall Street analysts forecast ELV's revenue for 2024 to be $40,106,335,783,515, with the lowest ELV revenue forecast at $39,811,481,908,380, and the highest ELV revenue forecast at $41,236,019,505,291. On average, 13 Wall Street analysts forecast ELV's revenue for 2025 to be $42,459,878,922,252, with the lowest ELV revenue forecast at $41,428,250,414,148, and the highest ELV revenue forecast at $44,656,087,041,677.

In 2026, ELV is forecast to generate $45,832,064,628,987 in revenue, with the lowest revenue forecast at $44,271,601,957,089 and the highest revenue forecast at $50,152,327,501,088.

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

(NYSE: ELV) forecast ROA is N/A, which is lower than the forecast US Healthcare Plans industry average of N/A.

What is ELV's Price Target?

According to 5 Wall Street analysts that have issued a 1 year ELV price target, the average ELV price target is $575.40, with the highest ELV stock price forecast at $587.00 and the lowest ELV stock price forecast at $552.00.

On average, Wall Street analysts predict that Elevance Health's share price could reach $575.40 by Mar 6, 2025. The average Elevance Health stock price prediction forecasts a potential upside of 10.97% from the current ELV share price of $518.54.

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

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