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Elevance Health Inc. (ELV) Stock Forecast

Data as of May 2, 2026

Healthcare · Current price $372.38 (-1.09%)

Consensus Target
$382.64
Upside
+2.7%
Analysts
21
Rating
Buy(2.14)

Price Target Range

Low $332.00Consensus $382.64High $425.00
▲ Current $372.38

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy9
Hold2
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 10, 2026Ann HynesMizuho Securities$350.00-6.0%
Jan 29, 2026Jason CassorlaGuggenheim$396.00+6.3%
Jan 22, 2026Jason CassorlaGuggenheim$414.00+11.2%
Jan 9, 2026Ann HynesMizuho Securities$413.00+10.9%
Jan 8, 2026Justin LakeWolfe Research$425.00+14.1%
Jan 5, 2026Andrew MokBarclays$404.00+8.5%
Dec 19, 2025George HillDeutsche Bank$320.00-14.1%
Oct 14, 2025Erin WrightMorgan Stanley$359.00-3.6%
Oct 7, 2025Stephen BaxterWells Fargo$412.00+10.6%
Jun 9, 2025David MacDonaldTruist Financial$500.00+34.3%
Oct 21, 2024David WindleyJefferies$529.00+42.1%
Oct 21, 2024Whit MayoLeerink Partners$515.00+38.3%
Oct 18, 2024Sarah JamesRaymond James$485.00+30.2%
Oct 18, 2024Ben HendrixRBC Capital$478.00+28.4%
Oct 18, 2024David MacDonaldTruist Financial$520.00+39.6%
Oct 16, 2024Michael HaRobert W. Baird$625.00+67.8%
Jul 18, 2024Ben HendrixRBC Capital$585.00+57.1%
Jul 15, 2024David MacDonaldTruist Financial$620.00+66.5%
Jun 24, 2024Erin WrightMorgan Stanley$643.00+72.7%
May 29, 2024Michael HaRobert W. Baird$649.00+74.3%

ELV vs Sector & Market

MetricELVHealthcare AvgLarge Cap Avg
Analyst Rating2.142.242.41
Analyst Count21818
Target Upside+2.7%+1150.3%+14.9%
P/E Ratio1.586.8731.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$186.70B$193.62B$197.51B14
2027-03-31$48.24B$49.59B$53.57B6
2027-06-30$48.24B$49.59B$53.57B6
2027-09-30$48.73B$50.09B$54.11B6
2027-12-31$48.23B$49.58B$53.56B6
2028-03-31$51.01B$52.45B$56.65B5
2028-06-30$50.51B$51.93B$56.09B5
2028-09-30$50.56B$51.98B$56.15B6
2028-12-31$50.37B$51.78B$55.94B8
2029-12-31$212.45B$217.35B$221.88B5
2030-12-31$224.33B$229.50B$234.28B3

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$26.27$26.53$28.0815
2027-03-31$11.58$12.01$13.268
2027-06-30$6.82$7.07$7.818
2027-09-30$5.90$6.12$6.7613
2027-12-31$4.01$4.15$4.598
2028-03-31$12.80$13.27$14.659
2028-06-30$7.61$7.89$8.7112
2028-09-30$6.94$7.20$7.959
2028-12-31$5.61$5.82$6.429
2029-12-31$41.50$42.75$43.912
2030-12-31$44.78$46.13$47.382

Frequently Asked Questions

What is the analyst consensus for ELV?

The consensus among 21 analysts covering Elevance Health Inc. (ELV) is Buy with an average price target of $382.64.

What is the highest price target for ELV?

The highest price target for ELV is $649.00, set by Michael Ha at Robert W. Baird on 2024-05-29.

What is the lowest price target for ELV?

The lowest price target for ELV is $320.00, set by George Hill at Deutsche Bank on 2025-12-19.

How many analysts cover ELV?

21 analysts have issued ratings for Elevance Health Inc. in the past 12 months.

Is ELV a buy or sell right now?

Based on 21 analyst ratings, ELV has a consensus rating of Buy (2.14/5) with a +2.7% upside to the consensus target of $382.64.

What are the earnings estimates for ELV?

Analysts estimate ELV will report EPS of $26.53 for the period ending 2026-12-31, with revenue estimated at $193.62B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.