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: June 23, 2024 (03:10)

Sector: Healthcare

The share price of Centene Corp. (CNC) now

Latest session on the 21st of June for
Centene Corp. is positive
Trading Volume: 5482575
Open: 67.2 /  High: 68.03 /  Low: 66.665
What analysts predict: $88.49
52-week High/Low: $81.42 / $60.83

50/200 Day Moving Average: $73.28 / $73.59

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 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., %
Jun 25 68.36 67.85 68.86 1.48
Jun 26 68.25 67.94 68.62 1.00
Jun 27 68.08 67.94 68.31 0.55
Jun 28 68.06 67.59 68.41 1.21
Jun 29 68.23 67.96 68.55 0.87
Jun 30 68.06 67.55 68.24 1.03
Jul 01 68.16 67.86 68.61 1.09
Jul 02 68.40 67.86 68.70 1.25
Jul 03 68.44 68.27 68.79 0.76
Jul 04 68.67 68.17 69.01 1.24
Jul 05 68.26 67.73 68.69 1.41
Jul 06 68.06 67.91 68.24 0.48
Jul 07 67.99 67.59 68.43 1.24
Jul 08 68.12 67.62 68.39 1.15
Jul 09 67.86 67.39 68.11 1.08
Jul 10 68.45 67.99 68.68 1.01
Jul 11 69.11 68.96 69.59 0.92
Jul 12 69.31 68.83 69.50 0.99
Jul 13 69.56 69.14 70.00 1.24
Jul 14 69.67 69.27 70.00 1.06
Jul 15 69.57 69.23 69.83 0.86
Jul 16 69.75 69.55 69.96 0.59
Jul 17 70.04 69.77 70.23 0.65
Jul 18 70.27 70.05 70.75 0.99
Jul 19 70.42 70.17 70.65 0.68
Jul 20 71.12 70.74 71.47 1.04
Jul 21 71.11 70.66 71.37 1.00
Jul 22 70.68 70.19 70.89 1.00
Jul 23 70.51 70.06 70.73 0.96
Jul 24 70.44 70.20 70.71 0.73

Centene Daily Price Targets


Centene Stock Forecast 06-25-2024.

Forecast target price for 06-25-2024: $68.36.
Positive dynamics for Centene shares will prevail with possible volatility of 1.460%.
Pessimistic target level: 67.85
Optimistic target level: 68.86

Centene Stock Forecast 06-26-2024.

Forecast target price for 06-26-2024: $68.25.
Negative dynamics for Centene shares will prevail with possible volatility of 0.995%.
Pessimistic target level: 67.94
Optimistic target level: 68.62

Centene Stock Forecast 06-27-2024.

Forecast target price for 06-27-2024: $68.08.
Negative dynamics for Centene shares will prevail with possible volatility of 0.548%.
Pessimistic target level: 67.94
Optimistic target level: 68.31

Centene Stock Forecast 06-28-2024.

Forecast target price for 06-28-2024: $68.06.
Negative dynamics for Centene shares will prevail with possible volatility of 1.194%.
Pessimistic target level: 67.59
Optimistic target level: 68.41

Centene Stock Forecast 06-29-2024.

Forecast target price for 06-29-2024: $68.23.
Positive dynamics for Centene shares will prevail with possible volatility of 0.866%.
Pessimistic target level: 67.96
Optimistic target level: 68.55

Centene Stock Forecast 06-30-2024.

Forecast target price for 06-30-2024: $68.06.
Negative dynamics for Centene shares will prevail with possible volatility of 1.017%.
Pessimistic target level: 67.55
Optimistic target level: 68.24

CNC (CNC) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jul. 71.64 70.59 74.65 5.44
Aug. 75.55 71.74 77.61 7.56
Sep. 75.66 71.47 79.31 9.88
Oct. 75.50 73.49 76.61 4.07
Nov. 73.01 69.74 75.72 7.90
Dec. 75.06 72.90 78.95 7.65

Centene forecast for this year


Centene Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $71.639. Pessimistic: $70.59. Optimistic: $74.65


Centene Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $75.5505. Pessimistic: $71.74. Optimistic: $77.61


Centene Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $75.6562. Pessimistic: $71.47. Optimistic: $79.31


Centene Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $75.4974. Pessimistic: $73.49. Optimistic: $76.61


Centene Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $73.0135. Pessimistic: $69.74. Optimistic: $75.72


Centene Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $75.0579. Pessimistic: $72.90. Optimistic: $78.95



Centene (CNC) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 76.79 74.64 78.03 4.34
Feb 78.83 74.86 80.60 7.12
Mar 77.68 75.77 81.21 6.70
Apr 76.26 72.58 79.14 8.30
May 72.47 70.49 74.45 5.31
Jun 68.57 67.61 69.91 3.30
Jul 66.60 64.13 69.91 8.27
Aug 66.36 62.74 68.45 8.35
Sep 68.78 65.75 70.18 6.31
Oct 68.11 64.82 69.58 6.85
Nov 69.54 67.88 70.80 4.13
Dec 67.30 65.74 69.37 5.23

Centene (CNC) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 71.07 67.09 72.91 7.98
Feb 69.03 68.01 70.62 3.69
Mar 65.02 62.56 67.88 7.84
Apr 64.33 62.44 67.71 7.78
May 61.23 59.38 63.67 6.73
Jun 59.77 58.26 62.61 6.95
Jul 59.10 56.20 60.34 6.86
Aug 58.93 57.99 60.30 3.83
Sep 59.10 57.49 60.13 4.40
Oct 56.24 53.96 58.09 7.12
Nov 56.95 54.48 58.87 7.45
Dec 53.68 51.84 56.65 8.49

Centene (CNC) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 55.00 53.34 55.88 4.55
Feb 55.04 52.46 57.20 8.29
Mar 57.77 54.66 59.80 8.59
Apr 61.62 60.58 64.29 5.77
May 63.12 59.63 65.69 9.22
Jun 65.82 63.84 67.11 4.87
Jul 69.18 67.44 72.43 6.89
Aug 68.12 64.49 69.88 7.71
Sep 69.12 67.57 72.70 7.05
Oct 71.39 67.50 74.14 8.96
Nov 67.60 65.32 70.53 7.38
Dec 67.22 63.83 68.53 6.87

Centene (CNC) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 64.91 61.55 68.50 10.15
Feb 66.91 65.46 70.05 6.55
Mar 66.82 64.85 69.67 6.91
Apr 68.73 67.19 69.99 3.99
May 67.39 65.97 70.41 6.30
Jun 68.42 66.46 70.58 5.84
Jul 71.68 68.97 74.79 7.78
Aug 72.69 69.84 76.50 8.71
Sep 77.47 73.13 78.72 7.10
Oct 78.12 77.03 80.58 4.41
Nov 76.10 74.07 78.39 5.50
Dec 77.43 76.29 79.81 4.41

Centene information and performance

Centene Address

7700 FORSYTH BLVD., ST LOUIS, MO, US

Market Capitalization: 36 011 110 000 $

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: 13.31

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: 13.31

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.