On July 2, 2025, B of A Securities, led by analyst Kevin Fischbeck, announced a revision in its price target for Centene (CNC, Financial). The new price target has been lowered to $52.00 USD, down from the previous target of $65.00 USD, marking a 20% decrease.
The investment firm's action reflects a "Neutral" rating for Centene (CNC, Financial), which remains unchanged from its prior assessment. The revision in the price target did not lead to a change in the current rating status, maintaining its stance on Centene's future stock performance.
B of A Securities is closely monitoring the developments surrounding Centene (CNC, Financial), as the company continues to operate in a dynamic healthcare sector. The adjustment in the price target provides investors with updated expectations on the potential valuation of Centene (CNC) as influenced by various market conditions and company-specific factors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Centene Corp (CNC, Financial) is $74.32 with a high estimate of $91.50 and a low estimate of $61.00. The average target implies an upside of 101.36% from the current price of $36.91. More detailed estimate data can be found on the Centene Corp (CNC) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Centene Corp's (CNC, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Centene Corp (CNC, Financial) in one year is $96.63, suggesting a upside of 161.8% from the current price of $36.91. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Centene Corp (CNC) Summary page.
