On July 16, 2025, Truist Securities announced an update regarding their stock rating and price target for Centene (CNC, Financial). Analyst Ryan MacDonald maintained a "Buy" rating for the stock, signaling continued confidence in Centene's potential. Despite maintaining the rating, the price target underwent a significant adjustment.
The revised price target for Centene (CNC, Financial) was lowered to USD 42.00, a substantial decrease from the previous target of USD 84.00. This change represents a 50% reduction in the projected price target. The adjustment reflects analyst reassessments of Centene's market conditions and future performance outlook.
Centene (CNC, Financial) remains a focal point for investors following these updates, with Truist Securities' continued "Buy" rating indicating an expectation for potential growth amidst the revised financial projections.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Centene Corp (CNC, Financial) is $62.22 with a high estimate of $91.50 and a low estimate of $33.00. The average target implies an upside of 108.93% from the current price of $29.78. 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 2.6, indicating "Hold" 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 $96.54, suggesting a upside of 224.18% from the current price of $29.78. 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.
