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Centene (CNC) Stock Forecast for 2024–2028. Sell or Buy?
Updated: April 28, 2024 (07:48)
Sector: HealthcareThe share price of Centene Corp. (CNC) now
50/200 Day Moving Average: $76.39 / $72.2
This figure corresponds to the Average Price over the previous 50/200 days. For Centene stocks, the 50-day moving average is the resistance level today.
For Centene stocks, the 200-day moving average is the support level today.
Are you interested in Centene Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Centene stock price in 2024, 2025, 2026, 2027, 2028. How much will one Centene share be worth in 2024 - 2028?
When should I take profit in Centene stock? When should I record a loss on Centene stock? What are analysts' forecasts for Centene stock? What is the future of Centene stock? We forecast Centene stock performance using neural networks based on historical data on Centene stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
Centene stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Centene shares. This happens once a day.
Historical and forecast chart of Centene stock
The chart below shows the historical price of Centene stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Centene stock price can be found in the table below.
Long-term forecasts by years.
The Future Shines Bright for Centene Stocks: Here's Why
As investors constantly search for the next big opportunity in the stock market, Centene Corporation (CNC) emerges as a compelling choice. With its feet firmly planted in the healthcare sector, CNC holds promise, influenced by specific, imminent factors. Notably, increased Medicaid and Medicare enrollment, advantageous valuation metrics, and a resilient stance against fluctuating government policies spotlight Centene as a promising pick for both seasoned and new investors. By understanding these elements, analysts can forecast CNC stock rates with impressive accuracy.
Deciphering the Catalysts for CNC's Success
At the heart of Centene's potential lies the growth in Medicaid and Medicare enrollment. This surge not only solidifies Centene's revenue streams but also amplifies its market share, marking it as the cornerstone for predicting the CNC stock price target. Secondly, the company's financial health and valuation metrics — underscored by an A-grade valuation — offer a clear lens through the financial fog, guiding decisions on whether CNC stock is a buy or sell. Last but not least, government policies and regulations related to healthcare present a variable yet navigable challenge. With an adept understanding of these dynamics, analysts can forge accurate CNC stock forecasts.
- Increased enrollment in healthcare programs will likely be the most significant driver of CNC stock prices.
- Robust financial performance and favorable valuation metrics promise a stable path ahead.
- Adaptability to government regulations ensures Centene remains at the forefront, making CNC a good stock to buy.
In conclusion, by meticulously dissecting these factors, anyone can understand why Centene stock forecast paints an optimistic future. For investors contemplating a buy or sell decision, the Centene name stock forecast offers a beacon of opportunity worth exploring.
Review the original Analysis
Centene Corporation operates as a multinational healthcare company that provides programs and services to underinsured and uninsured individuals in the United States. Its Managed Care segment offers health insurance plans to individuals through government-subsidized programs including Medicaid, the government’s child health insurance program, long-term services and supports, foster families and Medicare-medicaid plans that cover dual-eligible individuals, and programs for the elderly, blind or disabled.
Centene daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Apr 30 | 75.59 | 74.78 | 76.02 | 1.65 |
| May 01 | 75.18 | 74.42 | 75.96 | 2.07 |
| May 02 | 74.52 | 73.70 | 74.95 | 1.70 |
| May 03 | 73.71 | 73.34 | 74.59 | 1.70 |
| May 04 | 74.62 | 73.72 | 75.04 | 1.78 |
| May 05 | 75.67 | 74.83 | 76.09 | 1.68 |
| May 06 | 75.25 | 74.88 | 75.50 | 0.82 |
| May 07 | 75.55 | 75.16 | 76.31 | 1.53 |
| May 08 | 75.09 | 74.64 | 75.82 | 1.58 |
| May 09 | 74.99 | 74.40 | 75.59 | 1.60 |
| May 10 | 75.28 | 74.68 | 75.69 | 1.35 |
| May 11 | 76.12 | 75.85 | 76.62 | 1.01 |
| May 12 | 76.21 | 75.39 | 76.49 | 1.46 |
| May 13 | 76.24 | 75.41 | 76.76 | 1.78 |
| May 14 | 77.12 | 76.79 | 77.78 | 1.29 |
| May 15 | 77.02 | 76.68 | 77.43 | 0.98 |
| May 16 | 78.01 | 77.26 | 79.01 | 2.26 |
| May 17 | 79.07 | 78.26 | 80.07 | 2.31 |
| May 18 | 78.46 | 77.86 | 79.37 | 1.93 |
| May 19 | 77.85 | 77.22 | 78.68 | 1.89 |
| May 20 | 77.46 | 76.64 | 77.94 | 1.70 |
| May 21 | 77.11 | 76.71 | 77.81 | 1.43 |
| May 22 | 76.71 | 76.30 | 77.38 | 1.42 |
| May 23 | 77.64 | 76.92 | 78.12 | 1.57 |
| May 24 | 77.65 | 76.98 | 78.55 | 2.03 |
| May 25 | 77.44 | 76.51 | 78.20 | 2.20 |
| May 26 | 76.86 | 76.24 | 77.62 | 1.81 |
| May 27 | 76.65 | 76.00 | 77.55 | 2.03 |
| May 28 | 77.19 | 76.89 | 77.45 | 0.72 |
| May 29 | 76.86 | 76.22 | 77.16 | 1.24 |
Centene Daily Price Targets
Centene Stock Forecast 04-30-2024.
Forecast target price for 04-30-2024: $75.59.
Positive dynamics for Centene shares will prevail with possible volatility of 1.623%.
Pessimistic target level: 74.78
Optimistic target level: 76.02
Centene Stock Forecast 05-01-2024.
Forecast target price for 05-01-2024: $75.18.
Negative dynamics for Centene shares will prevail with possible volatility of 2.027%.
Pessimistic target level: 74.42
Optimistic target level: 75.96
Centene Stock Forecast 05-02-2024.
Forecast target price for 05-02-2024: $74.52.
Negative dynamics for Centene shares will prevail with possible volatility of 1.670%.
Pessimistic target level: 73.70
Optimistic target level: 74.95
Centene Stock Forecast 05-03-2024.
Forecast target price for 05-03-2024: $73.71.
Negative dynamics for Centene shares will prevail with possible volatility of 1.676%.
Pessimistic target level: 73.34
Optimistic target level: 74.59
Centene Stock Forecast 05-04-2024.
Forecast target price for 05-04-2024: $74.62.
Positive dynamics for Centene shares will prevail with possible volatility of 1.750%.
Pessimistic target level: 73.72
Optimistic target level: 75.04
Centene Stock Forecast 05-05-2024.
Forecast target price for 05-05-2024: $75.67.
Positive dynamics for Centene shares will prevail with possible volatility of 1.655%.
Pessimistic target level: 74.83
Optimistic target level: 76.09
CNC (CNC) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| May. | 78.77 | 75.23 | 83.38 | 9.78 |
| Jun. | 78.77 | 74.52 | 82.97 | 10.18 |
| Jul. | 76.71 | 74.23 | 78.60 | 5.56 |
| Aug. | 75.73 | 72.21 | 80.04 | 9.79 |
| Sep. | 74.88 | 71.00 | 76.17 | 6.78 |
| Oct. | 77.35 | 73.98 | 79.03 | 6.39 |
| Nov. | 81.64 | 78.58 | 86.41 | 9.07 |
| Dec. | 81.88 | 80.53 | 83.17 | 3.18 |
Centene forecast for this year
Centene Stock Prediction for May 2024
An uptrend is forecast for this month with an optimal target price of $78.773. Pessimistic: $75.23. Optimistic: $83.38
Centene Stock Prediction for Jun 2024
An downtrend is forecast for this month with an optimal target price of $78.773. Pessimistic: $74.52. Optimistic: $82.97
Centene Stock Prediction for Jul 2024
An downtrend is forecast for this month with an optimal target price of $76.7052. Pessimistic: $74.23. Optimistic: $78.60
Centene Stock Prediction for Aug 2024
An downtrend is forecast for this month with an optimal target price of $75.7272. Pessimistic: $72.21. Optimistic: $80.04
Centene Stock Prediction for Sep 2024
An downtrend is forecast for this month with an optimal target price of $74.8753. Pessimistic: $71.00. Optimistic: $76.17
Centene Stock Prediction for Oct 2024
An uptrend is forecast for this month with an optimal target price of $77.3462. Pessimistic: $73.98. Optimistic: $79.03
Centene Stock Prediction for Nov 2024
An uptrend is forecast for this month with an optimal target price of $81.6389. Pessimistic: $78.58. Optimistic: $86.41
Centene Stock Prediction for Dec 2024
An uptrend is forecast for this month with an optimal target price of $81.8838. Pessimistic: $80.53. Optimistic: $83.17
Centene (CNC) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 80.29 | 76.49 | 84.50 | 9.48 |
| Feb | 82.09 | 77.91 | 86.71 | 10.15 |
| Mar | 82.09 | 79.57 | 84.19 | 5.49 |
| Apr | 83.69 | 81.37 | 85.01 | 4.28 |
| May | 83.19 | 80.88 | 84.56 | 4.35 |
| Jun | 85.00 | 80.35 | 87.42 | 8.09 |
| Jul | 87.23 | 82.72 | 90.31 | 8.40 |
| Aug | 85.34 | 80.22 | 87.26 | 8.07 |
| Sep | 83.67 | 81.29 | 88.63 | 8.28 |
| Oct | 84.42 | 79.36 | 89.30 | 11.13 |
| Nov | 82.72 | 80.54 | 86.31 | 6.68 |
| Dec | 80.92 | 76.24 | 85.53 | 10.86 |
Centene (CNC) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 78.91 | 76.19 | 82.35 | 7.47 |
| Feb | 77.79 | 74.52 | 81.58 | 8.65 |
| Mar | 80.06 | 76.76 | 84.39 | 9.04 |
| Apr | 83.07 | 79.58 | 87.93 | 9.49 |
| May | 86.93 | 84.58 | 91.75 | 7.82 |
| Jun | 86.73 | 81.79 | 91.42 | 10.53 |
| Jul | 84.20 | 79.33 | 88.30 | 10.15 |
| Aug | 80.28 | 77.09 | 82.45 | 6.50 |
| Sep | 80.16 | 77.46 | 84.31 | 8.13 |
| Oct | 80.94 | 77.66 | 85.62 | 9.29 |
| Nov | 79.91 | 76.01 | 82.91 | 8.31 |
| Dec | 78.29 | 74.06 | 82.46 | 10.18 |
Centene (CNC) Monthly Stock Prediction for 2027
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 80.76 | 77.25 | 84.21 | 8.27 |
| Feb | 86.75 | 81.55 | 91.05 | 10.43 |
| Mar | 88.19 | 83.56 | 93.01 | 10.17 |
| Apr | 91.16 | 89.04 | 94.65 | 5.92 |
| May | 96.56 | 93.67 | 100.26 | 6.57 |
| Jun | 99.75 | 97.43 | 101.92 | 4.40 |
| Jul | 101.62 | 95.90 | 105.36 | 8.97 |
| Aug | 94.76 | 93.20 | 97.96 | 4.86 |
| Sep | 88.15 | 85.51 | 91.06 | 6.10 |
| Oct | 91.06 | 86.42 | 93.18 | 7.26 |
| Nov | 91.54 | 88.59 | 94.29 | 6.04 |
| Dec | 97.99 | 96.23 | 100.34 | 4.10 |
Centene (CNC) Monthly Stock Prediction for 2028
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 101.52 | 99.08 | 107.54 | 7.86 |
| Feb | 99.24 | 95.07 | 104.97 | 9.43 |
| Mar | 98.27 | 95.91 | 99.74 | 3.84 |
| Apr | 99.74 | 94.95 | 105.73 | 10.19 |
| May | 104.38 | 102.42 | 106.65 | 3.96 |
| Jun | 109.78 | 105.91 | 113.41 | 6.61 |
| Jul | 117.11 | 114.12 | 120.80 | 5.53 |
| Aug | 110.08 | 106.20 | 114.46 | 7.21 |
| Sep | 110.00 | 104.23 | 113.30 | 8.01 |
| Oct | 107.86 | 101.95 | 111.98 | 8.96 |
| Nov | 110.36 | 106.56 | 114.42 | 6.87 |
| Dec | 106.80 | 102.88 | 109.53 | 6.07 |
Centene information and performance
7700 FORSYTH BLVD., ST LOUIS, MO, US
Market capitalization of the Centene Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CNC shares in the company outstanding by the market price of one share.
EBITDA of Centene is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
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