ELVELVHealthcare · Healthcare Plans

ELV Stock Forecast: Elevance Health, Inc. Price Predictions for 2026-2027

Last close, 4 Nov 2026
$435
+5.05% on the day

The 22 Wall Street analysts covering Elevance Health, Inc. hold a median 12-month price target of $492 — +13.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 77 of 100 as at 4 Nov 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$89.7B
Ticker Nerd rank
77/ 100
Median analyst target
$492
Analysts covering
22
Revenue$50.5B+1.4% y/y
Net income$1.5B
Free cash flow$1.6B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+4.9%
1M
+12.5%
YTD
+25.8%
1Y
+40.0%
From 52W high
−2.4%
From 52W low
+57.1%
$277
$445
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ELV stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Elevance Health, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 4 Nov 2026
77/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Issuance
94
Value
92
Volatility
90
Revisions
80
Momentum
76
Growth
50
Quality
41
Accruals
40
Size
3

Issuance (94): The share count has been shrinking and the company is not leaning on new borrowing.

Accruals (40): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

ELV stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ELV, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$300$350$400$450$500Jan 26Apr 26Jul 26Oct 26ELVHigh $523Median $492Low $406

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says22 analysts
15 Buy7 Hold0 Sell
Low $406Median $492High $523

The green dot is the last close — the median target sits +13.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 13 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
27 Oct 2026Wells FargoMaintainsOverweight$473 → $492
23 Oct 2026TD CowenMaintainsBuy$465 → $495
22 Oct 2026BairdMaintainsNeutral$393 → $406
22 Oct 2026BarclaysMaintainsOverweight$469 → $472
22 Oct 2026GuggenheimMaintainsBuy$460 → $485
22 Oct 2026Morgan StanleyMaintainsEqual-Weight$404 → $449
22 Oct 2026RBC CapitalMaintainsSector Perform$424 → $455
22 Oct 2026UBSMaintainsBuy$460 → $523
12 Oct 2026GuggenheimMaintainsBuy—
12 Oct 2026GuggenheimMaintainsBuy$455 → $460
7 Oct 2026BarclaysMaintainsOverweight—
7 Oct 2026BarclaysMaintainsOverweight$457 → $469
17 July 2026BernsteinMaintainsOutperform—
17 July 2026BernsteinMaintainsOutperform$482 → $488
17 July 2026Leerink PartnersMaintainsMarket Perform—
17 July 2026Leerink PartnersMaintainsMarket Perform$364 → $395
16 July 2026BairdMaintainsNeutral$331 → $393
16 July 2026BairdMaintainsNeutral—
16 July 2026BarclaysMaintainsOverweight$480 → $457
16 July 2026BarclaysMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

ELV appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

ELV vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 4 Nov 2026, Elevance Health, Inc. returned +40.0% against +14.8% for the S&P 500, dividends included.

ELV vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Jan 26Apr 26Jul 26Oct 26ELVS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ELV analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
EPS revision, 90 days
+7.3%
Analysts raising
3
Analysts cutting
0
Fundamentals

Elevance Health, Inc. (ELV) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
17.6×

Cheaper than 41% of US stocks

Price / sales
0.4×

Cheaper than 83% of US stocks

Price / book
2.0×

Cheaper than 43% of US stocks

EV / EBITDA
9.5×

Cheaper than 39% of US stocks

Growth & margins
Revenue growth (YoY)
1.4%

Higher than 31% of US stocks

Earnings growth (YoY)
14.8%

Higher than 54% of US stocks

Gross margin
—
Operating margin
4.2%

Higher than 53% of US stocks

Net margin
2.5%

Higher than 53% of US stocks

Returns & dividend
Return on equity
11.5%

Higher than 67% of US stocks

Return on assets
4.0%

Higher than 71% of US stocks

Dividend yield
1.7%

Higher than 76% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Elevance Health, Inc. (ELV) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Elevance Health, Inc. has a market value of $89.7B and an enterprise value of $82.4B.

  • Revenue in the twelve months to 30 June 2026: $201.1B. The latest quarter grew 1.4% year on year.

  • Net income over the same four quarters: $4.9B, a 2.5% net margin.

  • Diluted earnings per share, trailing twelve months: $22.50.

  • Free cash flow in the twelve months to 30 June 2026: $6.3B, after $1.2B of capital spending.

  • Elevance Health, Inc. spent $2.7B on share buybacks and $1.5B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 216.8M.

  • Trailing P/E: 17.6×; forward P/E: 13.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 1.66%, paying out 29% of earnings.

  • Elevance Health, Inc. employs 96,129 people — $2.1M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 4 Nov 2026

Data provided by Twelve Data

Peers

ELV vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelHealthcare Plans
CompanyMarket capTKN rank
ELVElevance Health, Inc.$89.7B77
CVSCVS Health Corp.$101.5B79
CIThe Cigna Group$80.7B77
HUMHumana, Inc.$50.2B51
CNCCentene Corp.$37.4B93
UNHUnitedHealth Group, Inc.$370.8B81
MOHMolina Healthcare, Inc.$11.8B34

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Elevance Health, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ELV news & analysis

Elevance Health (ELV) Is Up 2.73% in One Week: What You Should Know

Zacks Investment Research · 30 Oct 2026positive

The headline reports that Elevance Health (ELV) is up 2.73% over one week. The excerpt poses a question about whether the stock may appeal to momentum investors but provides no further analysis.

Why it matters — ELV watchers may note the reported one-week gain and the article’s focus on momentum investing.

Implied Volatility Surging for Elevance Health Stock Options

Zacks Investment Research · 26 Oct 2026neutral

Zacks Investment Research reports that implied volatility for Elevance Health stock options is surging, citing recent movements in the options market.

Why it matters — ELV watchers may find the options-market activity relevant when following investor expectations and trading in the stock.

ELV vs. RVTY: Which Stock Is the Better Value Option?

Zacks Investment Research · 23 Oct 2026neutral

Zacks Investment Research compares Elevance Health and Revvity as potential value stocks in the Medical Services sector, asking which offers value investors better value.

Why it matters — The item puts ELV in a side-by-side value comparison with Revvity but provides no conclusion in the excerpt.

Elevance Health: Better Results, But Not Enough To Buy

Seeking Alpha · 22 Oct 2026neutral

Elevance Health raised its 2026 adjusted EPS guidance to at least $29, and third-quarter adjusted EPS increased 15.9%. However, nine-month operating gain declined 25.7%, and Health Benefits margins remain under pressure, especially in Medicaid.

Why it matters — Investors tracking ELV may weigh stronger quarterly earnings and improved medical cost trends against questions about the sustainability of its recovery and continued margin pressure.

FAQ

Frequently asked questions about ELV stock

What is the ELV stock price forecast for 2026-2027?

The 22 Wall Street analysts covering Elevance Health, Inc. have a median 12-month price target of $492, with estimates ranging from $406 to $523. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ELV stock a buy right now?

Of the 22 analysts covering Elevance Health, Inc., 15 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Elevance Health, Inc. 77 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ELV?

As at 4 Nov 2026, Elevance Health, Inc. ranks 77 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Issuance (94 of 100).

Will ELV stock go up?

No one can know that. What the data says: the median 12-month target from 22 analysts implies +13.2% from the last close, and Ticker Nerd's factor model ranks Elevance Health, Inc. 77 out of 100 as at 4 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ELV stock forecast for 2030?

No analyst covering Elevance Health, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ELV are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $406 to $523 over the next 12 months.

How has ELV stock performed over the past year?

Elevance Health, Inc. returned +40.0% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Elevance Health, Inc. do?

Elevance Health, Inc. is a U.S.

What is the latest news on ELV?

The most recent item we track (24/7 Wall Street, 4 Nov 2026): "CVS Tumbles 12% on Plan to Split Into Two Companies Despite Earnings Beat; Elevance Health Rises 4%, Cigna Climbs 3%". CVS Health shares fell 12% after the company announced a plan to split into two companies, despite a strong quarter. Elevance Health shares rose 4%, while Cigna shares climbed 3%.

Company

About Elevance Health, Inc.

Elevance Health, Inc. is a U.S. health benefits and health services company headquartered in Indianapolis, Indiana. It provides a broad range of health insurance products and related services for individuals, employers, and government-sponsored programs, with offerings that include commercial medical coverage, Medicare and Medicaid plans, dental, vision, behavioral health, and pharmacy benefits. The company operates through Health Benefits, CarelonRx, Carelon Services, and Corporate & Other, combining insurance operations with care management and healthcare enablement services. Elevance Health serves as a major participant in managed care, helping coordinate medical coverage, administrative services, and integrated care solutions across the U.S. healthcare system. Its portfolio is designed to support members, providers, and employer groups through a whole-health approach that links benefits, clinical support, and pharmacy services.

CEO Ms. Gail Koziara Boudreaux · 96,129 employees · United States · https://www.elevancehealth.com