ELV Stock - Elevance Health Inc.
Unlock GoAI Insights for ELV
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $176.81B | $171.34B | $156.59B | $138.64B | $121.87B |
| Gross Profit | $176.81B | $171.34B | $156.59B | $138.64B | $121.87B |
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Income | $7.90B | $7.71B | $7.60B | $8.00B | $6.24B |
| Net Income | $5.98B | $5.99B | $5.89B | $6.16B | $4.57B |
| Net Margin | 3.4% | 3.5% | 3.8% | 4.4% | 3.8% |
| EPS | $25.81 | $25.38 | $24.56 | $25.25 | $18.23 |
Elevance Health Inc. operates as a health benefits company. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves approximately 118 million people through a portfolio of medical, digital, pharmacy, behavioral, clinical, and care solutions. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health Inc. in June 2022. Elevance Health Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 19th 2025 | Deutsche Bank | Downgrade | Hold | $320 |
| October 14th 2025 | Goldman | Initiation | Neutral | - |
| July 21st 2025 | Argus | Downgrade | Hold | - |
| July 18th 2025 | Leerink Partners | Downgrade | Market Perform | $310 |
| April 15th 2025 | Robert W. Baird | Downgrade | Neutral | $529 |
| March 17th 2025 | Argus | Upgrade | Buy | $450 |
| January 22nd 2025 | Stephens | Downgrade | Equal Weight | $440← $520 |
| October 18th 2024 | Argus | Downgrade | Hold | - |
| July 18th 2024 | BofA Securities | Downgrade | Neutral | $530← $646 |
| June 24th 2024 | Morgan Stanley | Initiation | Overweight | $643 |
| May 30th 2024 | Robert W. Baird | Initiation | Outperform | $649 |
| March 6th 2024 | Barclays | Initiation | Overweight | $584 |
| July 12th 2023 | Wolfe Research | Downgrade | Peer Perform | - |
| April 27th 2023 | Morgan Stanley | Upgrade | Overweight | $571← $500 |
| April 21st 2023 | Cantor Fitzgerald | Initiation | Overweight | $547 |
Earnings History & Surprises
ELVEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 20, 2026 | — | — | — | — |
Q1 2026 | Jan 22, 2026 | $3.19 | — | — | — |
Q4 2025 | Oct 21, 2025 | $4.93 | $6.03 | +22.3% | ✓ BEAT |
Q3 2025 | Jul 17, 2025 | $8.91 | $8.84 | -0.8% | ✗ MISS |
Q2 2025 | Apr 22, 2025 | $11.41 | $11.97 | +4.9% | ✓ BEAT |
Q1 2025 | Jan 23, 2025 | $3.80 | $3.84 | +1.1% | ✓ BEAT |
Q4 2024 | Oct 17, 2024 | $9.66 | $8.37 | -13.4% | ✗ MISS |
Q3 2024 | Jul 17, 2024 | $10.01 | $10.12 | +1.1% | ✓ BEAT |
Q2 2024 | Apr 18, 2024 | $10.53 | $10.64 | +1.0% | ✓ BEAT |
Q1 2024 | Jan 24, 2024 | $5.55 | $5.62 | +1.3% | ✓ BEAT |
Q4 2023 | Oct 18, 2023 | $8.45 | $8.99 | +6.4% | ✓ BEAT |
Q3 2023 | Jul 19, 2023 | $8.80 | $9.04 | +2.7% | ✓ BEAT |
Q2 2023 | Apr 19, 2023 | $9.26 | $9.46 | +2.2% | ✓ BEAT |
Q1 2023 | Jan 25, 2023 | $5.20 | $5.23 | +0.6% | ✓ BEAT |
Q4 2022 | Oct 19, 2022 | $7.15 | $7.53 | +5.3% | ✓ BEAT |
Q3 2022 | Jul 20, 2022 | $7.74 | $8.04 | +3.9% | ✓ BEAT |
Q2 2022 | Apr 20, 2022 | $7.81 | $8.25 | +5.6% | ✓ BEAT |
Q1 2022 | Jan 26, 2022 | $5.11 | $5.14 | +0.6% | ✓ BEAT |
Q4 2021 | Oct 20, 2021 | $6.37 | $6.79 | +6.6% | ✓ BEAT |
Q3 2021 | Jul 21, 2021 | $6.33 | $7.03 | +11.1% | ✓ BEAT |
Latest News
President Trump Says We Could Get Insurance Companies To Cut Prices To Stay In System; I Will Call Meeting Of Insurance Companies To Get Their Price Down; Meeting In Coming Weeks
📈 PositiveDeutsche Bank Downgrades Elevance Health to Hold, Lowers Price Target to $320
📉 NegativeMorgan Stanley Maintains Equal-Weight on Elevance Health, Lowers Price Target to $352
➖ NeutralShares of healthcare stocks are trading higher amid the Republican healthcare bill failing to win enough votes to advance in the Senate.
📈 PositiveTD Cowen Maintains Buy on Elevance Health, Raises Price Target to $400
📈 PositiveReuters: Some States Operating ACA Marketplaces Say Enrollment Is Significantly Down From Same Period Last Year, California Says ACA Enrollment Down By 33% vs Last Year
📉 NegativePolitico Reported The White House To Propose A Two-year Extension Of Obamacare Subsidies With New Limits On Eligibility
➖ NeutralShares of health insurers are trading higher amid a possible rebound after President Trump recently proposed that healthcare funding should go directly to people. On Monday, the Senate passed its shutdown-ending bill that lacked a provision to extend Obamacare subsidies; however, the Democrats secured a commitment to vote on credits in December.
📈 PositiveElevance CFO Says Co Sees Medicaid Margin Declining At Least 125 BPs In 2026
📉 NegativeElevance Health shares are trading higher after the company reaffirmed its 2025 guidance.
📈 PositiveElevance Health Reaffirms 2025 Guidance: GAAP EPS ~$24.70, Adjusted EPS ~$30.00
📈 PositiveShares of healthcare stocks are trading lower after the US Senate approved a deal clearing the path to ending the government shutdown. The deal does not include an extension of expiring Affordable Care Act subsidies
📉 NegativeMizuho Maintains Outperform on Elevance Health, Lowers Price Target to $400
➖ NeutralJP Morgan Maintains Overweight on Elevance Health, Raises Price Target to $394
📈 PositiveTD Cowen Maintains Buy on Elevance Health, Raises Price Target to $380
📈 PositiveElevance Health shares are trading lower after multiple firms lowered their price targets on the stock.
📉 NegativeWells Fargo Maintains Overweight on Elevance Health, Lowers Price Target to $403
➖ NeutralBarclays Maintains Overweight on Elevance Health, Lowers Price Target to $385
➖ NeutralElevance Health Exec Says The Anticipated Expiration Of Enhanced Subsidies Would Significantly Impact Membership In 2026; Co Is Expanding Behavioral Health Interventions, Strengthening Specialty Drug Management; Co Is Planning For Higher Costs In Its Obamacare Plans In Q4 As Members Utilize Their Benefits Ahead Of Coverage Changes Next Year; Says 2026 Will Be The Low Point In Medicaid Margins, With Improvement Expected In 2027
📉 NegativeELV stock has given up its prior gain. Elevance Health shares were trading higher after the company reported a Q3 earnings beat and raised FY2025 GAAP EPS guidance.
➖ NeutralFrequently Asked Questions about ELV
What is ELV's current stock price?
What is the analyst price target for ELV?
What sector is Elevance Health Inc. in?
What is ELV's market cap?
Does ELV pay dividends?
Similar Stocks
Healthcare SectorExplore stocks similar to ELV for comparison