Summary:
- Centene Corporation (CNC, Financial) has retracted its earnings per share guidance for 2025 amid changing financial outlooks.
- Wall Street analysts project a potential upside of over 33% based on the current average target price.
- GuruFocus estimates suggest a substantial upside of 70% in the stock's fair value.
Centene Corporation's Revised Financial Outlook
Centene Corporation (CNC) has announced a significant update that may impact investor decisions. The company is withdrawing its previous guidance for earnings per share for 2025, both on a Generally Accepted Accounting Principles (GAAP) basis and on an adjusted basis. The decision comes as the company anticipates its Medicaid Health Benefits Ratio in the second quarter of 2025 to be higher than that of the first quarter, influencing its financial outlook.
Wall Street Analysts' Price Targets and Recommendations
Wall Street's perspective on Centene Corp (CNC, Financial) reflects a cautious optimism. Seventeen analysts have provided one-year price targets, with the average target set at $75.79. The highest estimate reaches $91.50, while the lowest is $61.00. These figures suggest a potential upside of 33.79% from the current stock price of $56.65. Investors interested in a deeper dive into these figures can access more details on the Centene Corp (CNC) Forecast page.
The consensus among 21 brokerage firms rates Centene Corp (CNC, Financial) with an average recommendation of 2.4, which aligns with an "Outperform" status. On a scale where 1 represents Strong Buy and 5 indicates Sell, this suggests a favorable outlook from the majority of analysts.
GuruFocus's GF Value Estimation
According to GuruFocus's proprietary metrics, the estimated GF Value for Centene Corp (CNC, Financial) in one year's time is projected to be $96.63. This indicates a compelling upside of 70.57% from the current trading price of $56.65. The GF Value is derived from historical trading multiples, past business growth, and projections of future business performance. Those looking to explore further can find additional data on the Centene Corp (CNC) Summary page.
