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Elevance Health (ELV) Stock Forecast & Price Target

Elevance Health logo
$366.30 -7.00 (-1.88%)
(As of 12/17/2024 ET)

Elevance Health - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
2
Buy
13

Based on 16 Wall Street analysts who have issued ratings for Elevance Health in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 1 has given a sell rating, 2 have given a hold rating, 12 have given a buy rating, and 1 has given a strong buy rating for ELV.

Consensus Price Target

$539.20
47.20% Upside
According to the 16 analysts' twelve-month price targets for Elevance Health, the average price target is $539.20. The highest price target for ELV is $649.00, while the lowest price target for ELV is $478.00. The average price target represents a forecasted upside of 47.20% from the current price of $366.30.
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ELV Analyst Ratings Over Time

TypeCurrent Forecast
12/19/23 to 12/18/24
1 Month Ago
11/19/23 to 11/18/24
3 Months Ago
9/20/23 to 9/19/24
1 Year Ago
12/19/22 to 12/19/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
12 Buy rating(s)
13 Buy rating(s)
10 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$539.20$539.20$604.29$565.82
Forecasted Upside47.20% Upside34.57% Upside12.32% Upside21.47% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Moderate Buy

ELV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ELV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Elevance Health Stock vs. The Competition

TypeElevance HealthMedical CompaniesS&P 500
Consensus Rating Score
2.81
2.81
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside47.22% Upside28,526.48% Upside12.04% Upside
News Sentiment Rating
Positive News

See Recent ELV News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/5/2024Mizuho
2 of 5 stars
 Lower TargetOutperform ➝ Outperform$585.00 ➝ $505.00+21.18%
11/4/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$593.00 ➝ $495.00+19.56%
10/23/2024Morgan Stanley
3 of 5 stars
 Lower TargetOverweight ➝ Overweight$643.00 ➝ $551.00+31.24%
10/22/2024Barclays
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 Lower TargetOverweight ➝ Overweight$622.00 ➝ $501.00+19.06%
10/21/2024TD Cowen
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 Lower TargetBuy ➝ Buy$589.00 ➝ $484.00+12.56%
10/18/2024Raymond James
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Sarah James
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Set Target$485.00+12.18%
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10/18/2024Stephens
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S. Fidel
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Reiterated RatingUnderperform ➝ Underperform
10/18/2024UBS Group
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 Lower TargetBuy ➝ Buy$605.00 ➝ $555.00+28.06%
10/18/2024Royal Bank of Canada
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 Lower TargetOutperform ➝ Outperform$585.00 ➝ $478.00+9.02%
10/18/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$620.00 ➝ $520.00+18.60%
10/18/2024Cantor Fitzgerald
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 Lower TargetOverweight ➝ Overweight$600.00 ➝ $485.00+8.72%
10/18/2024Argus
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D. Toung
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DowngradeBuy ➝ Hold
7/18/2024Bank of America
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 Reiterated RatingBuy ➝ Neutral$646.00 ➝ $530.00+1.89%
5/30/2024Baird R W
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M. Ha
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UpgradeStrong-Buy
5/30/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$628.00 ➝ $631.00+24.00%
5/30/2024Robert W. Baird
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 Initiated CoverageOutperform$649.00+28.38%
4/19/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$602.00 ➝ $604.00+15.01%
7/12/2023Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
4/27/202322nd Century Group
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 Reiterated RatingUpgrade
4/21/2023Loop Capital
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 Lower TargetBuy$565.00 ➝ $550.00+20.90%
4/20/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$571.00 ➝ $575.00+25.73%
1/26/2023Leerink Partners
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W. Mayo
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Reiterated RatingOutperform$580.00+17.03%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 09:48 AM ET.


ELV Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Elevance Health is $539.20, with a high forecast of $649.00 and a low forecast of $478.00.

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Elevance Health in the last year. There is currently 1 sell rating, 2 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ELV shares.

According to analysts, Elevance Health's stock has a predicted upside of 47.20% based on their 12-month stock forecasts.

Over the previous 90 days, Elevance Health's stock had 1 downgrade by analysts.

Elevance Health has been rated by research analysts at Argus, Barclays, Cantor Fitzgerald, Mizuho, Morgan Stanley, Raymond James, Royal Bank of Canada, Stephens, TD Cowen, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Elevance Health more than other "medical" companies. The consensus rating score for Elevance Health is 2.81 while the average consensus rating score for "medical" companies is 2.81. Learn more on how ELV compares to other companies.


This page (NYSE:ELV) was last updated on 12/18/2024 by MarketBeat.com Staff
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