Centene (CNC) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Centene (CNC) Stock Forecast for 2024–2028. Sell or Buy?

Updated: July 27, 2024 (09:52)

Sector: Healthcare

The share price of Centene Corp. (CNC) now

Latest session on the 26th of July for
Centene Corp. is positive
Trading Volume: 9686551
Open: 69.45 /  High: 74.715 /  Low: 69.295
What analysts predict: $84.71
52-week High/Low: $81.42 / $60.83

50/200 Day Moving Average: $69.82 / $73.46

This figure corresponds to the Average Price over the previous 50/200 days. For Centene stocks, the 50-day moving average is the support level today.

For Centene stocks, the 200-day moving average is the resistance 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.

Unlocking the Future of CNC Stocks: A Path to Profit?

Trend: Bullish
Jun 04, 2024

When it comes to forecasting the trajectory of CNC (Centene Corporation) stocks, several key events and factors emerge as critical influencers. Notably, the company's remarkable revenue growth, profit margins, and membership growth stand out as pivotal parameters shaping the future of CNC stocks. Analysts pouring over the CNC stock forecast, wrestling with the question of 'is CNC a good stock to buy,' find these elements indispensable for making astute predictions.

Analyzing the Game-Changers

For anyone keen on the CNC stock price prediction, understanding how these factors intertwine offers a competitive edge. Revenue growth paints a picture of a company on the upswing, reflecting Centene's capacity to not only retain its customer base but also attract new members, particularly in lucrative segments like Medicare and Commercial. This growth narrative suggests a bullish CNC stock forecast, persuading investors that it might be time to consider CNC stock buy or sell decisions more favorably.

Meanwhile, the conversation around profit margins opens another avenue for analysis. Centene's knack for expanding its profitability, especially in areas with high gross profit margins, underscores a robust foundation that could lead to higher investor confidence and, by extension, an upward move in CNC stock price target assessments. Furthermore, membership growth acts as the lifeblood of the forecast, signaling Centene's growing influence and market share. For those on the fence about whether to buy or sell Centene stock, such growth is a bullish sign, suggesting that the company is not just surviving but thriving.

In conclusion, making the most accurate predictions on the future rate of CNC stocks necessitates a deep dive into these factors. Analysts equipped with this knowledge can navigate the complexities of the market, providing investors with guidance on whether CNC stock buy or sell is the right move. As we gaze into the Centene stock forecast, it's clear that understanding these dynamic elements is key to unlocking profitable opportunities.

  • Revenue Growth
  • Profit Margins
  • Membership Growth
Review the original Analysis
About author

The Future Shines Bright for Centene Stocks: Here's Why

Trend: Bullish
Mar 31, 2024

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
About author

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., %
Jul 29 73.17 72.63 73.68 1.44
Jul 30 72.92 72.63 73.37 1.01
Jul 31 72.79 72.44 73.26 1.13
Aug 01 72.73 72.31 73.21 1.24
Aug 02 73.20 72.83 73.69 1.19
Aug 03 72.86 72.48 73.14 0.91
Aug 04 72.59 72.37 72.99 0.86
Aug 05 72.94 72.55 73.21 0.90
Aug 06 73.14 72.61 73.47 1.18
Aug 07 72.69 72.37 73.21 1.17
Aug 08 72.10 71.53 72.26 1.02
Aug 09 72.42 72.18 72.72 0.75
Aug 10 72.34 72.18 72.90 1.00
Aug 11 72.10 71.88 72.60 1.00
Aug 12 71.97 71.46 72.38 1.28
Aug 13 72.46 72.04 72.80 1.05
Aug 14 73.04 72.47 73.39 1.28
Aug 15 73.71 73.26 74.25 1.36
Aug 16 73.42 72.93 73.74 1.11
Aug 17 72.69 72.45 73.22 1.06
Aug 18 72.48 72.24 73.05 1.11
Aug 19 72.60 72.37 72.77 0.56
Aug 20 72.32 71.82 72.85 1.43
Aug 21 72.82 72.66 73.14 0.66
Aug 22 73.53 73.29 73.85 0.77
Aug 23 73.69 73.12 73.86 1.01
Aug 24 73.87 73.28 74.05 1.05
Aug 25 73.92 73.70 74.34 0.86
Aug 26 73.57 73.38 74.14 1.03
Aug 27 73.14 72.60 73.44 1.16

Centene Daily Price Targets


Centene Stock Forecast 07-29-2024.

Forecast target price for 07-29-2024: $73.17.
Positive dynamics for Centene shares will prevail with possible volatility of 1.420%.
Pessimistic target level: 72.63
Optimistic target level: 73.68

Centene Stock Forecast 07-30-2024.

Forecast target price for 07-30-2024: $72.92.
Negative dynamics for Centene shares will prevail with possible volatility of 1.004%.
Pessimistic target level: 72.63
Optimistic target level: 73.37

Centene Stock Forecast 07-31-2024.

Forecast target price for 07-31-2024: $72.79.
Negative dynamics for Centene shares will prevail with possible volatility of 1.113%.
Pessimistic target level: 72.44
Optimistic target level: 73.26

Centene Stock Forecast 08-01-2024.

Forecast target price for 08-01-2024: $72.73.
Negative dynamics for Centene shares will prevail with possible volatility of 1.222%.
Pessimistic target level: 72.31
Optimistic target level: 73.21

Centene Stock Forecast 08-02-2024.

Forecast target price for 08-02-2024: $73.20.
Positive dynamics for Centene shares will prevail with possible volatility of 1.172%.
Pessimistic target level: 72.83
Optimistic target level: 73.69

Centene Stock Forecast 08-03-2024.

Forecast target price for 08-03-2024: $72.86.
Negative dynamics for Centene shares will prevail with possible volatility of 0.906%.
Pessimistic target level: 72.48
Optimistic target level: 73.14

CNC (CNC) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 69.19 67.55 70.60 4.32
Sep. 70.69 68.57 72.62 5.59
Oct. 73.17 71.94 77.16 6.77
Nov. 75.42 71.73 79.54 9.82
Dec. 72.41 70.28 75.40 6.79

Centene forecast for this year


Centene Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $69.1928. Pessimistic: $67.55. Optimistic: $70.60


Centene Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $70.6943. Pessimistic: $68.57. Optimistic: $72.62


Centene Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $73.1686. Pessimistic: $71.94. Optimistic: $77.16


Centene Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $75.4222. Pessimistic: $71.73. Optimistic: $79.54


Centene Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $72.4129. Pessimistic: $70.28. Optimistic: $75.40



Centene (CNC) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 70.84 69.25 73.22 5.42
Feb 69.40 65.52 71.49 8.36
Mar 68.77 65.31 71.42 8.56
Apr 68.48 65.89 71.89 8.34
May 68.15 67.10 71.25 5.82
Jun 65.71 64.29 67.09 4.18
Jul 65.02 63.57 67.30 5.55
Aug 68.76 66.11 72.51 8.83
Sep 70.92 69.73 72.81 4.23
Oct 70.77 69.19 72.66 4.77
Nov 73.85 70.85 76.53 7.43
Dec 76.48 73.59 79.96 7.97

Centene (CNC) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 74.55 71.42 78.31 8.80
Feb 76.49 73.54 79.59 7.60
Mar 76.43 74.67 78.57 4.97
Apr 79.00 75.02 80.77 7.12
May 78.39 75.48 80.26 5.95
Jun 78.56 74.71 80.26 6.92
Jul 79.05 74.74 82.09 8.96
Aug 77.45 73.11 79.07 7.54
Sep 79.94 76.36 82.40 7.33
Oct 82.79 79.66 85.87 7.22
Nov 84.71 82.93 88.09 5.86
Dec 86.84 82.46 89.03 7.37

Centene (CNC) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 88.54 86.37 91.77 5.88
Feb 88.54 86.44 90.77 4.78
Mar 85.88 82.93 89.85 7.69
Apr 90.03 85.17 94.25 9.63
May 94.44 91.00 97.61 6.77
Jun 98.40 94.75 102.26 7.34
Jul 99.37 97.63 101.18 3.51
Aug 96.10 93.54 98.66 5.18
Sep 97.24 93.09 99.01 5.98
Oct 97.11 92.14 98.53 6.48
Nov 98.60 93.43 101.98 8.39
Dec 97.57 92.17 101.94 9.58

Centene (CNC) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 96.27 94.85 100.51 5.63
Feb 94.18 92.07 97.81 5.86
Mar 100.18 98.71 102.70 3.89
Apr 100.25 98.35 105.51 6.78
May 100.88 95.37 105.05 9.21
Jun 105.47 100.52 109.24 7.98
Jul 109.83 108.29 115.36 6.13
Aug 106.44 104.13 108.16 3.72
Sep 106.44 104.43 108.83 4.04
Oct 109.50 105.21 113.95 7.67
Nov 104.90 99.03 110.77 10.61
Dec 103.14 97.58 106.96 8.77

Centene information and performance

Centene Address

7700 FORSYTH BLVD., ST LOUIS, MO, US

Market Capitalization: 35 968 414 000 $

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: 6 133 000 000 $

EBITDA of Centene is earnings before interest, income tax and depreciation of assets.

PE Ratio: 13.29

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.682

Price/earnings to growth

DPS: None

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.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 5.07

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.059
Quarterly Revenue Growth YOY: 0.044
Trailing PE: 13.29

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 PE: 10.37

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.241

Enterprise Value (EV) /Revenue

EV To EBITDA: 6.6

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 533656000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.