Centene Corporation (CNC) Stock Analysis 2026

This chart shows how CNC's revenue flows through to profit. Each row deducts a layer of costs: first the direct cost of making products/services (Cost of Revenue), then operating expenses like marketing and R&D, then taxes. What remains at the bottom is net income — the actual profit shareholders own. High gross and net margins indicate a business with strong pricing power and efficiency.

Centene Corporation trades at a trailing P/E of 9.06x, generates $9.64B in free cash flow, runs a debt/equity ratio of 71.08, and converts shareholder equity into profit at a -20.4% return on equity. For context: P/E ratio measures how much you pay for $1 of earnings (lower = cheaper, but fast-growing companies command higher P/E); Free Cash Flow is the cash left after running the business; Debt/Equity shows how leveraged a company is; Return on Equity shows how efficiently it turns shareholder capital into profit.

Wall Street analysts covering Centene Corporation currently haven't converged on a clear consensus rating, with a mean 12-month price target of $71.67 (+4.4% vs the current price). Analysts set these targets after researching a company's earnings, competitive position, and industry trends — Strong Buy / Buy means the majority expect meaningful upside, while Hold means fair value near the current price rather than a sell signal.

CNC is currently in a golden cross pattern, trading above its 50-day average of $65.27 and above its 200-day average of $49.73. Moving averages smooth out day-to-day volatility to reveal the underlying trend — a Golden Cross (50MA crosses above 200MA) is a classic bullish signal, a Death Cross is bearish, though both are lagging indicators that confirm trends rather than predict them.

Research and guides that put CNC’s numbers in context — how to read the filings behind them, and the frameworks we use to score them.

In-depth reports on companies operating alongside CNC — business models, bull and bear cases, and the metrics that matter.