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ELV Stock Forecast: Elevance Health, Inc. Price Predictions for 2026

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$378.07

+5.15 (1.38%)

ELV Stock Forecast 2026-2027

$378.07
Current Price
$82.10B
Market Cap
22 Ratings
Buy 14
Hold 8
Sell 0
Wall St Analyst Ratings

Distance to ELV Price Targets

+25.4%
To High Target of $474.00
+3.4%
To Median Target of $391.00
-12.5%
To Low Target of $331.00

ELV Price Momentum

+1.4%
1 Week Change
+21.4%
1 Month Change
-6.6%
1 Year Change
+7.9%
Year-to-Date Change
-10.9%
From 52W High of $424.24
+38.1%
From 52W Low of $273.71
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Latest ELV Stock Price Targets & Analyst Predictions

Based on our analysis of 27 Wall Street analysts, ELV has a bullish consensus with a median price target of $391.00 (ranging from $331.00 to $474.00). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $378.07, the median forecast implies a 3.4% upside. This outlook is supported by 14 Buy, 8 Hold, and 0 Sell ratings.

Conversely, the most conservative target is provided by Michael Ha at Baird, suggesting a 12.5% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ELV Analyst Ratings

14
Buy
8
Hold
0
Sell

ELV Price Target Range

Low
$331.00
Average
$391.00
High
$474.00
Current: $378.07

Latest ELV Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ELV.

Date Firm Analyst Rating Change Price Target
Apr 29, 2026 B of A Securities Kevin Fischbeck Buy Upgrade $435.00
Apr 28, 2026 JP Morgan Lisa Gill Overweight Maintains $411.00
Apr 24, 2026 Guggenheim Jason Cassorla Buy Maintains $399.00
Apr 24, 2026 Barclays Andrew Mok Overweight Maintains $408.00
Apr 23, 2026 Evercore ISI Group Elizabeth Anderson In-Line Maintains $360.00
Apr 23, 2026 Baird Michael Ha Neutral Maintains $331.00
Apr 20, 2026 Jefferies David Windley Buy Maintains $391.00
Apr 13, 2026 Truist Securities David Macdonald Buy Maintains $375.00
Apr 8, 2026 Evercore ISI Group Elizabeth Anderson In-Line Initiates $345.00
Mar 11, 2026 Mizuho Ann Hynes Outperform Maintains $350.00
Feb 2, 2026 Truist Securities David Macdonald Buy Maintains $390.00
Feb 2, 2026 JP Morgan Lisa Gill Overweight Maintains $397.00
Jan 30, 2026 Barclays Andrew Mok Overweight Maintains $393.00
Jan 30, 2026 Wells Fargo Stephen Baxter Overweight Maintains $391.00
Jan 29, 2026 Guggenheim Jason Cassorla Buy Maintains $396.00
Jan 22, 2026 Guggenheim Jason Cassorla Buy Maintains $414.00
Jan 8, 2026 Wolfe Research Justin Lake Outperform Upgrade $425.00
Jan 7, 2026 Wells Fargo Stephen Baxter Overweight Maintains $424.00
Jan 5, 2026 Barclays Andrew Mok Overweight Maintains $404.00
Dec 19, 2025 Deutsche Bank George Hill Hold Downgrade $320.00

Elevance Health, Inc. (ELV) Competitors

The following stocks are similar to Elevance Health based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Elevance Health, Inc. (ELV) Financial Data

Elevance Health, Inc. has a market capitalization of $82.10B with a P/E ratio of 16.0x. The company generates $200.42B in trailing twelve-month revenue with a 2.6% profit margin.

Revenue growth is +2.6% quarter-over-quarter, while maintaining an operating margin of +5.3% and return on equity of +12.1%.

Valuation Metrics

Market Cap $82.10B
Enterprise Value $77.01B
P/E Ratio 16.0x
PEG Ratio -1.0x
Price/Sales 0.4x

Growth & Margins

Revenue Growth (YoY) +2.6%
Gross Margin N/A
Operating Margin +5.3%
Net Margin +2.6%
EPS Growth -19.2%

Financial Health

Cash/Price Ratio +45.2%
Current Ratio 1.5x
Debt/Equity 72.3x
ROE +12.1%
ROA +4.0%
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Elevance Health, Inc. logo

Elevance Health, Inc. (ELV) Business Model

About Elevance Health, Inc.

What They Do

Provides integrated health solutions and services.

Business Model

The company operates through various segments, primarily generating revenue from health benefits plans, pharmacy services, and integrated care solutions. It serves a wide range of customers, including individuals, families, and employers, through a network of health plans and managed care options. By offering comprehensive services that address physical, behavioral, and social health needs, the company aims to improve health outcomes and affordability.

Additional Information

Founded in 1944 and headquartered in Indianapolis, Indiana, the company is a key player in the U.S. healthcare market, leveraging digital tools and data insights to enhance care delivery. Its partnerships with government agencies and providers further strengthen its position in the healthcare ecosystem.

Company Information

Sector

Healthcare

Industry

Healthcare Plans

Employees

96,129

CEO

Ms. Gail Koziara Boudreaux

Country

United States

IPO Year

2022

Elevance Health, Inc. (ELV) Latest News & Analysis

Featured Analysis
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Latest News

ELV stock latest news image
Quick Summary

Major insurers reported strong first-quarter results, boosting investor sentiment, despite ongoing challenges with rising medical costs and incomplete claims data. The second quarter will be critical.

Why It Matters

Strong Q1 results boost sentiment for major insurers, but potential lag in medical cost data raises concerns for Q2 performance. Investors may face volatility as claims processing affects earnings visibility.

Source: CNBC
Market Sentiment: Negative
ELV stock latest news image
Quick Summary

Elevance Health aims to address mental health challenges amid rising awareness, as nearly 20% of Americans face mental health issues annually, highlighting a critical need for funding and improvements.

Why It Matters

Elevance Health's focus on mental health highlights growth potential in healthcare investments, addressing a critical need and signaling opportunities in mental health services and innovation.

Source: Business Wire
Market Sentiment: Neutral
ELV stock latest news image
Quick Summary

Don Lair discusses options income and dividend strategies, emphasizing stable investment approaches that can support retirement funding.

Why It Matters

Focus on options income and dividend strategies indicates a move towards stable, long-term investments, appealing to risk-averse investors seeking reliable retirement funding.

Source: 24/7 Wall Street
Market Sentiment: Negative
ELV stock latest news image
Quick Summary

Elevance Health is addressing rising healthcare costs for small businesses, which have increased 26% over five years, by providing solutions for competitive benefits and improved health outcomes.

Why It Matters

Elevance Health's initiatives to mitigate rising healthcare costs for small businesses could enhance their competitive edge, potentially boosting client retention and revenue growth, impacting stock performance positively.

Source: Business Wire
Market Sentiment: Neutral
ELV stock latest news image
Quick Summary

Elevance Health recognized 45 top primary care providers in its annual Care Provider Recognition Program, highlighting excellence among its network of 7,200 value-based partners.

Why It Matters

Elevance Health's recognition of top primary care providers enhances its reputation, potentially boosting patient enrollment and investor confidence in its growth and quality of care.

Source: Business Wire
Market Sentiment: Neutral
ELV stock latest news image
Quick Summary

Elevance Health raised its annual profit forecast, indicating effective management of medical costs.

Why It Matters

Elevance Health's increased profit forecast signals strong financial health and effective cost management, potentially boosting investor confidence and stock performance.

Source: Reuters
Market Sentiment: Positive

Frequently Asked Questions About ELV Stock

What is Elevance Health, Inc.'s (ELV) stock forecast for 2026?

Based on our analysis of 27 Wall Street analysts, Elevance Health, Inc. (ELV) has a median price target of $391.00. The highest price target is $474.00 and the lowest is $331.00.

Is ELV stock a good investment in 2026?

According to current analyst ratings, ELV has 14 Buy ratings, 8 Hold ratings, and 0 Sell ratings. The stock is currently trading at $378.07. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for ELV stock?

Wall Street analysts predict ELV stock could reach $391.00 in the next 12 months. This represents a 3.4% increase from the current price of $378.07. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Elevance Health, Inc.'s business model?

The company operates through various segments, primarily generating revenue from health benefits plans, pharmacy services, and integrated care solutions. It serves a wide range of customers, including individuals, families, and employers, through a network of health plans and managed care options. By offering comprehensive services that address physical, behavioral, and social health needs, the company aims to improve health outcomes and affordability.

What is the highest forecasted price for ELV Elevance Health, Inc.?

The highest price target for ELV is $474.00 from at , which represents a 25.4% increase from the current price of $378.07.

What is the lowest forecasted price for ELV Elevance Health, Inc.?

The lowest price target for ELV is $331.00 from Michael Ha at Baird, which represents a -12.5% decrease from the current price of $378.07.

What is the overall ELV consensus from analysts for Elevance Health, Inc.?

The overall analyst consensus for ELV is bullish. Out of 27 Wall Street analysts, 14 rate it as Buy, 8 as Hold, and 0 as Sell, with a median price target of $391.00.

How accurate are ELV stock price projections?

Stock price projections, including those for Elevance Health, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: May 10, 2026 7:10 PM UTC
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