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CNC

Centene Corp

OPPORTUNISTIC BUY Analysis generated 2026-10-04 Market data as of 2026-11-12 Market data 3 days old USD 70.27 Healthcare - Medical - Healthcare PlansREDUCE ZONE
ACTIONABLEMethodology gates passed
59

Position levels

Currenttoday
USD 70.27
Buy <=wait / entry
USD 52.67
Trim >=take some off
USD 68.00
Thesis breakA material state Medicaid contract loss in 2026 or 2027, or guidance indicating ...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case26%100 / 10026.0
Base case49%62 / 10030.4
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • Q2 FY26 earnings beat with adjusted diluted EPS of $2.51 vs estimate $1.08 and revenue of $53.58B
  • 2026 adjusted diluted EPS guidance raised to greater than $3.00 following Q1 2026 results of $3.11 EPS
  • Analyst consensus Strong Buy with Argus Research upgrade and price target of 80
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.

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