CNC

Centene
D

CNC

Arincen55/100B

Centene stock forecast 2026–2030

Analysts' average 12-month price target for Centene is 75.43, 9.9% above the current price of 68.65. Their targets range from 69.00 to 80.00.

Of the 17 firms that rated Centene in the past 12 months, 8 rate it buy or strong buy, 9 hold and 0 sell or strong sell (each firm at its latest rating): a Hold consensus.

12-month price target
75.43 USD
+9.88%

Analysts' 1-year price targets range from 69.00 to 80.00, with an average of 75.43.

Past year
1-year forecast
Strong sellStrong buy
Hold
17 ratings
Buy
8
Hold
9
Sell
0

12-month price target

Highest target80.00
Average target75.43
Lowest target69.00
Current price68.65

Centene price target history

Have analysts recently raised or lowered their Centene price target and rating?

See how analysts moved their price target

How analysts rate Centene, month by month

8 of 17 firms rate it buy now, against 3 of 16 in December 2025.

Buy Hold Sell

Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.

Month endBuyHoldSellFirms
Nov 202689017
Oct 202689017
Sept 202689118
Aug 202689118
Jul 202679117
Jun 202678116
May 202678116
Apr 202668115
Mar 2026410216
Feb 2026410216
Jan 2026410216
Dec 2025311216

Centene analyst upgrades, downgrades and price targets

The latest rating change came on 11 August 2026, when Argus Research upgraded Centene from Hold to Buy. Its price target is 80.00. The most recent new target came from Jefferies on 29 October 2026: 69.00.

DateFirmRatingPrice targetChangePrice then
29 Oct 2026
Jefferies
David Windley
—39.00 → 69.00+76.9%67.05
28 Oct 2026
Raymond James
Sarah James
—75.00 → 79.00+5.3%69.05

Centene EPS and revenue estimates

Analysts expect Centene's revenue to grow 0.8% a year until 2028, slower than over the last 5 years (11.9% a year) and the last 3 years (10.5%).

Revenue

ReportedEstimate

EPS

ReportedEstimate
Fiscal yearEPSEPS growthEPS rangeRevenueRevenue growthRevenue rangeAnalysts
FY2028 (est.) 6.63+19.6%6.28 – 7.12 199.41B+2.2%188.33B – 217.71B7
FY2027 (est.) 5.54+5.4%5.09 – 5.94 195.15B-2.5%186.28B – 203.69B12
FY2026 (est.) 5.26+156.7%5.19 – 5.40 200.21B+2.8%197.31B – 203.83B12
FY2025 2.05-71.1%— 194.78B+19.4%——
FY2024 7.10+6.6%— 163.07B+5.9%——
FY2023 6.66+15.6%— 154.00B+6.5%——
FY2022 5.76—— 144.55B———

Does Centene beat earnings estimates?

On average, analysts' EPS estimate was 127.3% off the result, either way, and their revenue estimate 7.8%, over the last 12 quarters.

EPS beats
66 / 99
Revenue beats
82 / 99
Average EPS surprise, last 12
+86.7%
Since
April 2002
QuarterReport dateEPS estimateReported EPSSurpriseRevenue estimateReported revenueSurprise
Q3 FY202627 Oct 20260.100.58+506.1%47.12B50.65B+7.5%
Q2 FY202628 Jul 20261.092.51+130.3%47.64B53.58B+12.5%
Q1 FY202628 Apr 20262.233.37+51.1%47.53B49.94B+5.1%
Q4 FY20256 Feb 2026-1.22-1.19+2.5%48.41B49.73B+2.7%
Q3 FY202529 Oct 2025-0.140.50+445.4%47.72B49.69B+4.1%
Q2 FY202525 Jul 20250.11-0.16-243.4%44.14B48.74B+10.4%
Q1 FY202525 Apr 20252.522.90+15.1%42.76B46.62B+9.0%
Q4 FY20244 Feb 20250.440.80+81.8%39.36B40.81B+3.7%
Q3 FY202425 Oct 20241.331.62+21.8%37.93B42.02B+10.8%
Q2 FY202426 Jul 20242.072.42+16.9%36.83B39.84B+8.2%
Q1 FY202426 Apr 20242.082.26+8.7%36.43B40.41B+10.9%
Q4 FY20236 Feb 20240.430.45+4.7%36.14B39.46B+9.2%

Centene stock price 2026–2030: scenarios

If Centene's earnings grow at the 47.9% a year analysts expect to FY2028, then 15.0% a year, it would earn about 8.77 a share in FY2030. At the P/E it has traded at over the last five years (9.6 to 39.2) that is 83.91 to 344.03 a share, or 214.99 at its average P/E of 24.5. This is arithmetic on the analysts' estimates, not a prediction.

Bull Base Bear
Fiscal yearEPSBearBaseBull
FY2026 5.2650.36129.04206.49
FY2027 5.5453.06135.95217.54
FY2028 6.6363.45162.56260.13
FY2029 (extrapolated)7.6272.96186.94299.15
FY2030 (extrapolated)8.7783.91214.99344.03

Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (9.6, 24.5, 39.2).

Is Centene stock undervalued or overvalued?

Centene's P/E of 23.2 is above the middle of its 5-year range (4.0 to 68.3, median 16.3). Analysts do not expect faster growth than in recent years, so it is expensive compared with its own history. Fair value is not a reliable guide for Centene: it made a loss in FY2025, so its usual P/E says little about what it is worth. Its forward P/E, on the consensus for FY2026, is 13.0.

Price to earnings ratio (TTM)
23.19
Five-year median P/E
16.28
Five-year P/E range
4.0 – 68.3
Forward P/E (FY2026)
13.05
PEG ratio
0.48
To the average target
+9.9%
See the full P/E history check Plus

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Common questions about the Centene stock forecast