Elevance Health - ELV Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $587.42
  • Forecasted Upside: 7.58%
  • Number of Analysts: 13
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
$546.01
▲ +4.39 (0.81%)

This chart shows the closing price for ELV by one month, three months, or twelve months.

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Analyst Price Target for ELV

Analyst Price Target is $587.42
▲ +7.58% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Elevance Health in the last 3 months. The average price target is $587.42, with a high forecast of $621.00 and a low forecast of $552.00. The average price target represents a 7.58% upside from the last price of $546.01.

This chart shows the closing price for ELV for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 13 contributing investment analysts is to moderate buy stock in Elevance Health. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/28/2022
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/26/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/27/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/25/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/23/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
2/21/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/21/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/24/2024MizuhoBoost TargetBuy ➝ Buy$575.00 ➝ $585.00Low
4/19/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$574.00 ➝ $575.00Low
4/19/2024UBS GroupBoost TargetBuy ➝ Buy$585.00 ➝ $605.00Low
4/19/2024Truist FinancialReiterated RatingBuy ➝ Buy$580.00 ➝ $600.00Low
4/19/2024Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$557.00 ➝ $600.00Low
4/19/2024BarclaysBoost TargetOverweight ➝ Overweight$584.00 ➝ $621.00Low
4/19/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$602.00 ➝ $604.00Low
4/10/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$580.00Low
4/8/2024Wells Fargo & CompanyLower TargetOverweight ➝ Overweight$561.00 ➝ $557.00Low
4/4/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$580.00Low
3/6/2024BarclaysInitiated CoverageOverweight$584.00Low
2/14/2024Cantor FitzgeraldBoost TargetOverweight ➝ Overweight$547.00 ➝ $580.00Low
2/2/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$547.00Low
1/25/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$547.00Low
1/25/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$572.00 ➝ $574.00Low
1/19/2024Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$547.00Low
11/21/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$547.00Low
11/17/2023JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$569.00 ➝ $552.00Low
10/19/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$547.00Low
10/19/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$585.00 ➝ $587.00Low
9/14/2023Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$547.00Low
7/25/2023Morgan StanleyBoost TargetOverweight$571.00 ➝ $585.00Low
7/24/2023TD CowenBoost TargetOutperform$564.00 ➝ $585.00Low
7/20/2023Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$572.00Low
7/20/2023StephensReiterated RatingOverweight ➝ Overweight$555.00Low
7/12/2023Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
7/7/2023JPMorgan Chase & Co.Lower Target$572.00 ➝ $535.00Low
6/20/2023Truist FinancialLower Target$580.00 ➝ $560.00Low
4/27/202322nd Century GroupReiterated RatingUpgradeLow
4/27/2023Morgan StanleyUpgradeEqual Weight ➝ Overweight$500.00 ➝ $571.00Low
4/24/2023Wells Fargo & CompanyLower Target$597.00 ➝ $561.00Low
4/21/2023Loop CapitalLower TargetBuy$565.00 ➝ $550.00Low
4/20/2023Cantor FitzgeraldInitiated CoverageOverweight$547.00Low
4/20/2023Deutsche Bank AktiengesellschaftBoost Target$571.00 ➝ $575.00Low
4/20/2023TD CowenLower TargetOutperform$577.00 ➝ $564.00Low
3/28/2023Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$523.00 ➝ $572.00Low
3/24/2023Truist FinancialLower TargetBuy$610.00 ➝ $580.00Low
3/21/2023Wells Fargo & CompanyLower TargetEqual Weight$609.00 ➝ $597.00Low
3/8/2023Deutsche Bank AktiengesellschaftLower TargetBuy$581.00 ➝ $571.00Low
2/23/2023JPMorgan Chase & Co.Boost TargetOverweight$555.00 ➝ $572.00Low
1/30/2023Loop CapitalBoost Target$550.00 ➝ $565.00Low
1/26/2023Royal Bank of CanadaBoost TargetSector Perform$505.00 ➝ $523.00Low
1/26/2023SVB LeerinkReiterated RatingOutperform$580.00Low
1/4/2023Wells Fargo & CompanyBoost TargetOverweight$557.00 ➝ $609.00Low
11/10/2022MizuhoBoost TargetBuy$545.00 ➝ $575.00Low
10/24/2022UBS GroupBoost Target$585.00 ➝ $610.00Low
10/21/2022Morgan StanleyBoost TargetEqual Weight$485.00 ➝ $500.00Low
10/21/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$576.00 ➝ $581.00Low
9/9/2022Bank of AmericaUpgradeNeutral ➝ Buy$535.00 ➝ $575.00Low
8/22/2022SVB LeerinkUpgradeMarket Perform ➝ Outperform$490.00 ➝ $580.00Low
7/25/2022Morgan StanleyLower TargetEqual Weight$533.00 ➝ $485.00Low
7/22/2022StephensLower Target$550.00Low
7/22/2022CowenLower Target$577.00Low
7/22/2022SVB LeerinkLower TargetMarket Perform ➝ Market Perform$555.00 ➝ $490.00Low
7/21/2022Royal Bank of CanadaLower Target$544.00 ➝ $505.00Low
6/22/2022Morgan StanleyDowngradeOverweight ➝ Equal Weight$607.00 ➝ $533.00Low
6/16/2022Loop CapitalInitiated CoverageBuy$550.00High
5/26/2022Sanford C. BernsteinInitiated CoverageOutperform$577.00 ➝ $596.00Medium
5/25/2022Wells Fargo & CompanyLower TargetOverweight$586.00 ➝ $580.00Low
5/4/2022MizuhoBoost Target$510.00 ➝ $545.00High
4/25/2022BMO Capital MarketsBoost TargetOutperform$540.00 ➝ $625.00Medium
4/22/2022Wells Fargo & CompanySet TargetOverweight$460.00 ➝ $586.00High
4/22/2022Deutsche Bank AktiengesellschaftBoost TargetBuy$453.00 ➝ $574.00High
4/21/2022CowenBoost Target$472.00 ➝ $642.00Medium
4/21/2022Jefferies Financial GroupBoost Target$575.00 ➝ $625.00Low
4/21/2022Truist FinancialBoost Target$590.00 ➝ $610.00High
4/21/2022CowenBoost Target$472.00 ➝ $642.00High
4/21/2022Morgan StanleyBoost TargetOverweight$518.00 ➝ $607.00High
4/21/2022SVB LeerinkBoost TargetMarket Perform$483.00 ➝ $555.00Medium
4/21/2022The Goldman Sachs GroupBoost TargetBuy$527.00 ➝ $605.00Medium
4/21/2022Credit Suisse GroupBoost TargetOutperform$518.00 ➝ $584.00High
4/7/2022Truist FinancialBoost Target$540.00 ➝ $590.00Medium
3/29/2022Jefferies Financial GroupReiterated RatingBuy ➝ Buy$559.00Low
3/29/2022UBS GroupBoost TargetBuy$477.00 ➝ $541.00High
3/15/2022SVB LeerinkBoost TargetMarket Perform$465.00 ➝ $483.00Medium
2/7/2022ArgusBoost TargetBuy$475.00 ➝ $500.00Medium
1/28/2022Morgan StanleyLower TargetOverweight$561.00 ➝ $518.00Low
1/27/2022SVB LeerinkBoost TargetMarket Perform$430.00 ➝ $465.00Medium
1/11/2022Sanford C. BernsteinBoost Target$559.00 ➝ $574.00Medium
1/5/2022Truist FinancialBoost TargetBuy ➝ Buy$490.00 ➝ $540.00Medium
12/20/2021MizuhoUpgradeNeutral ➝ Buy$450.00 ➝ $510.00Medium
12/17/2021Morgan StanleyBoost TargetOverweight$486.00 ➝ $561.00Medium
12/14/2021The Goldman Sachs GroupInitiated CoverageConviction-Buy$517.00Low
10/29/2021MizuhoBoost TargetNeutral$385.00 ➝ $450.00Low
10/25/2021ArgusBoost TargetBuy$435.00 ➝ $475.00Low
10/25/2021Wells Fargo & CompanyBoost TargetOverweight$460.00 ➝ $500.00Low
10/22/2021BMO Capital MarketsBoost TargetOutperform$465.00 ➝ $500.00Low
10/22/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$408.00 ➝ $460.00Low
10/21/2021Truist FinancialBoost TargetBuy$450.00 ➝ $490.00High
10/21/2021Morgan StanleyBoost TargetOverweight$468.00 ➝ $486.00High
10/21/2021SVB LeerinkBoost TargetMarket Perform$403.00 ➝ $430.00High
10/21/2021Credit Suisse GroupBoost TargetOutperform$425.00 ➝ $486.00High
10/21/2021Royal Bank of CanadaBoost TargetSector Perform$408.00 ➝ $452.00High
10/21/2021StephensBoost TargetOverweight$440.00 ➝ $475.00High
10/21/2021BarclaysBoost TargetOverweight$450.00 ➝ $485.00High
10/21/2021CitigroupBoost TargetBuy$445.00 ➝ $497.00High
9/27/2021SVB LeerinkInitiated CoverageMarket Perform$403.00High
9/9/2021CowenInitiated CoverageOutperform$465.00High
8/31/2021Morgan StanleyBoost TargetOverweight$459.00 ➝ $468.00High
7/22/2021Jefferies Financial GroupBoost TargetBuy$447.00 ➝ $453.00Low
7/22/2021StephensBoost TargetOverweight$430.00 ➝ $440.00Low
7/22/2021BMO Capital MarketsBoost TargetOutperform$450.00 ➝ $465.00Low
7/22/2021BarclaysBoost TargetOverweight$425.00 ➝ $450.00Low
7/22/2021Cantor FitzgeraldBoost TargetOverweight$430.00 ➝ $455.00Low
7/22/2021MizuhoBoost TargetNeutral$380.00 ➝ $385.00Low
7/22/2021Royal Bank of CanadaBoost TargetSector Perform$399.00 ➝ $408.00Low
7/9/2021Seaport Res PtnReiterated RatingBuyLow
7/2/2021Morgan StanleyBoost TargetOverweight$454.00 ➝ $459.00Medium
6/10/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$399.00Low
5/24/2021Wells Fargo & CompanyInitiated CoverageOverweight$460.00N/A
5/18/2021Wells Fargo & CompanyInitiated CoverageOverweight$460.00Low
5/6/2021ArgusBoost TargetAverage ➝ Buy$330.00 ➝ $435.00Low
5/3/2021MizuhoBoost TargetNeutral$320.00 ➝ $380.00Medium
4/22/2021Truist FinancialBoost Target$425.00 ➝ $450.00Low
4/22/2021StephensBoost TargetOverweight$395.00 ➝ $430.00Low
4/22/2021BMO Capital MarketsBoost TargetOutperform$440.00 ➝ $450.00Low
4/22/2021Royal Bank of CanadaBoost TargetOutperform$350.00 ➝ $399.00Low
4/22/2021BarclaysBoost TargetOverweight$375.00 ➝ $425.00Low
4/20/2021Truist FinancialBoost TargetBuy$425.00 ➝ $450.00Low
4/14/2021Truist FinancialBoost Target$375.00 ➝ $425.00High
4/14/2021CowenBoost TargetOutperform$360.00 ➝ $395.00Low
3/9/2021Truist FinancialUpgradeHold ➝ Buy$360.00 ➝ $375.00Low
3/4/2021Truist FinancialUpgradeHold ➝ Buy$360.00 ➝ $375.00High
1/28/2021Credit Suisse GroupLower TargetOutperform$389.00 ➝ $382.00High
1/28/2021StephensLower TargetOverweight$350.00 ➝ $340.00High
1/26/2021CowenBoost TargetOutperform$330.00 ➝ $360.00Medium
1/15/2021Jefferies Financial GroupUpgradeHold ➝ Buy$305.00 ➝ $402.00Medium
1/13/2021ArgusBoost TargetOutperform ➝ Buy$300.00 ➝ $380.00Low
1/5/2021Truist FinancialBoost Target$320.00 ➝ $360.00N/A
12/18/2020MizuhoBoost TargetNeutral$300.00 ➝ $320.00High
12/14/2020SVB LeerinkBoost TargetOutperform$370.00 ➝ $400.00Low
11/11/2020Piper SandlerBoost TargetOverweight$330.00 ➝ $369.00High
11/6/2020JPMorgan Chase & Co.Boost TargetOverweight$324.00 ➝ $389.00Low
10/29/2020Deutsche Bank AktiengesellschaftLower TargetBuy$349.00 ➝ $337.00Medium
10/29/2020Smith Barney CitigroupBoost Target$325.00 ➝ $338.00Medium
10/29/2020SVB LeerinkBoost TargetOutperform$345.00 ➝ $370.00High
7/30/2020Deutsche Bank AktiengesellschaftLower TargetBuy$362.00 ➝ $349.00Low
7/30/2020Royal Bank of CanadaBoost TargetOutperform$319.00 ➝ $331.00Medium
7/30/2020SVB LeerinkBoost TargetOutperform$325.00 ➝ $345.00Low
7/10/2020Jefferies Financial GroupBoost TargetHold$271.00 ➝ $281.00Low
7/1/2020SVB LeerinkInitiated CoverageOutperform$325.00Medium
6/9/2020Cantor FitzgeraldReiterated RatingBuy$360.00Medium
6/5/2020The Goldman Sachs GroupInitiated CoverageNeutral$340.00High
5/21/2020SunTrust BanksBoost TargetHold$280.00 ➝ $320.00Low
5/12/2020UBS GroupBoost TargetBuy$307.00 ➝ $330.00Low
4/30/2020Morgan StanleyBoost TargetOverweight$310.00 ➝ $423.00High
4/29/2020CfraUpgradeHold ➝ Buy$290.00 ➝ $306.00Medium
4/13/2020Morgan StanleyBoost TargetOverweight$291.00 ➝ $310.00Low
4/13/2020SunTrust BanksLower TargetHold$330.00 ➝ $280.00Low
4/12/2020Royal Bank of CanadaReiterated RatingBuy$319.00Low
4/9/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$257.00Medium
3/27/2020Morgan StanleyLower TargetBuy$374.00 ➝ $291.00Low
2/18/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$314.00 ➝ $362.00Medium
1/31/2020Morgan StanleyLower TargetOverweight$382.00 ➝ $374.00Low
1/31/2020Credit Suisse GroupLower TargetOutperform$380.00 ➝ $355.00Low
1/31/2020Deutsche Bank AktiengesellschaftLower TargetBuy$319.00 ➝ $314.00Low
1/30/2020Bank of AmericaLower TargetNeutral$330.00 ➝ $324.00Medium
1/29/2020StephensLower TargetOverweight$345.00 ➝ $330.00High
1/8/2020Credit Suisse GroupBoost TargetOutperform$340.00 ➝ $380.00Medium
1/3/2020Evercore ISIUpgradeIn-Line ➝ OutperformMedium
12/20/2019JPMorgan Chase & Co.Boost TargetOverweight$322.00 ➝ $391.00Medium
12/6/2019Bank of AmericaDowngradeBuy ➝ NeutralLow
10/24/2019Credit Suisse GroupLower TargetOutperform$345.00 ➝ $340.00Low
10/17/2019MizuhoInitiated CoverageNeutral$262.00Low
9/26/2019Morgan StanleyLower TargetOverweight$371.00 ➝ $356.00Low
9/12/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuyLow
7/26/2019Wells Fargo & CompanyReiterated RatingBuyN/A
7/12/2019Morgan StanleyBoost TargetOverweight$359.00 ➝ $371.00Low
(Data available from 5/22/2019 forward)

News Sentiment Rating

1.13 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 35 very positive mentions
  • 21 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
10/25/2023
  • 15 very positive mentions
  • 16 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
11/24/2023
  • 30 very positive mentions
  • 14 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
12/24/2023
  • 29 very positive mentions
  • 11 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
1/23/2024
  • 42 very positive mentions
  • 33 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
2/22/2024
  • 33 very positive mentions
  • 18 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/23/2024
  • 37 very positive mentions
  • 39 positive mentions
  • 8 negative mentions
  • 0 very negative mentions
4/22/2024
  • 36 very positive mentions
  • 16 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/22/2024

Current Sentiment

  • 36 very positive mentions
  • 16 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Elevance Health logo
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to program members; health products; an array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits. The company operates in the pharmacy services business; and markets and offers pharmacy services, including pharmacy benefit management, as well as home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services. In addition, it provides healthcare-related services and capabilities, including utilization management, behavioral health, integrated care delivery, palliative care, payment integrity services, subrogation services, and health and wellness programs, as well as services related to data management, information technology, and business operations. Further, the company is involved in the National Government Services business. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brand names. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is headquartered in Indianapolis, Indiana.
Read More

Today's Range

Now: $546.01
Low: $540.76
High: $546.50

50 Day Range

MA: $522.08
Low: $497.60
High: $547.71

52 Week Range

Now: $546.01
Low: $412.00
High: $547.99

Volume

606,377 shs

Average Volume

1,015,926 shs

Market Capitalization

$126.90 billion

P/E Ratio

20.64

Dividend Yield

1.19%

Beta

0.79

Frequently Asked Questions

What sell-side analysts currently cover shares of Elevance Health?

The following Wall Street sell-side analysts have issued reports on Elevance Health in the last year: Barclays PLC, Cantor Fitzgerald, Jefferies Financial Group Inc., JPMorgan Chase & Co., Mizuho, Morgan Stanley, Royal Bank of Canada, Stephens, StockNews.com, TD Cowen, Truist Financial Co., UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for ELV.

What is the current price target for Elevance Health?

12 Wall Street analysts have set twelve-month price targets for Elevance Health in the last year. Their average twelve-month price target is $587.42, suggesting a possible upside of 7.6%. Barclays PLC has the highest price target set, predicting ELV will reach $621.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $552.00 for Elevance Health in the next year.
View the latest price targets for ELV.

What is the current consensus analyst rating for Elevance Health?

Elevance Health currently has 1 hold rating and 12 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ELV.

What other companies compete with Elevance Health?

Other companies that are similar to Elevance Health include The Cigna Group, Humana, Centene, UnitedHealth Group and Stryker. Learn More about companies similar to Elevance Health.

How do I contact Elevance Health's investor relations team?

Elevance Health's physical mailing address is 220 VIRGINIA AVENUE, INDIANAPOLIS IN, 46204. The company's listed phone number is (800) 331-1476 and its investor relations email address is [email protected]. The official website for Elevance Health is www.antheminc.com. Learn More about contacing Elevance Health investor relations.