Centene Corporation ($CNC) Stock Forecast: Down 5.5% Today

What is Centene Corporation?

Centene Corporation (NYSE: CNC) is a leading healthcare enterprise with a strong market performance history but experienced a significant bearish movement recently.

Why is Centene Corporation going down?

CNC stock is down 5.5% on Apr 17, 2025 13:47

• Today's bearish movement in Centene's stock may be due to investors taking profits after a period of growth.
• Positive long-term developments such as SilverSummit's expansion in Nevada and the Medicaid contract award could be overshadowed by short-term market uncertainties.
• The stock price downturn could be a result of investors reevaluating Centene's valuation following recent news.
• The bearish movement may be a mix of profit-taking, short-term market reactions, and reassessment of the company's valuation amidst recent positive developments.

CNC Price Chart

CNC Technical Analysis

CNC News

Here's How Much $1000 Invested In Centene 20 Years Ago Would Be Worth Today - Centene ( NYSE:CNC )

Centene CNC has outperformed the market over the past 20 years by 3.56% on an annualized basis producing an average annual return of 11.55%. Currently, Centene has a market capitalization of $30.89 billion.

https://www.benzinga.com/insights/news/25/04/44827025/heres-how-much-1000-invested-in-centene-20-years-ago-would-be-worth-today

Centene Extends SilverSummit's Presence to the Edges of Nevada

CNC's subsidiary, SilverSummit, secures a five-year Nevada Medicaid contract, reinforcing its foothold in managed care in rural and frontier areas.

https://www.zacks.com/stock/news/2447866/centene-extends-silversummits-presence-to-the-edges-of-nevada

CENTENE SUBSIDIARY SILVERSUMMIT HEALTHPLAN AWARDED NEVADA MEDICAID CONTRACT - Centene ( NYSE:CNC )

ST. LOUIS, April 10, 2025 /PRNewswire/ -- Centene Corporation CNC, a leading healthcare enterprise committed to helping people live healthier lives, announced today that its Nevada subsidiary, SilverSummit Healthplan, Inc. ( SilverSummit ) , has been selected by the Nevada Department of Health ...

https://www.benzinga.com/pressreleases/25/04/n44752339/centene-subsidiary-silversummit-healthplan-awarded-nevada-medicaid-contract

Trending Today

ApeCoin ($APE) Crypto Forecast: Up 5.1% Today

JasmyCoin ($JASMY) Crypto Forecast: Up 5.2% Today

Bittensor ($TAO) Crypto Forecast: Up 6.3% Today

Fetch.ai ($FET) Crypto Forecast: Up 7.2% Today

Arbitrum ($ARB) Crypto Forecast: Up 5.1% Today

Filecoin ($FIL) Crypto Forecast: Up 5.2% Today

PancakeSwap ($CAKE) Crypto Forecast: Up 6.6% Today

Memecoin ($MEME) Crypto Forecast: Up 33.7% Today

Aptos ($APT) Crypto Forecast: Up 5.2% Today

Ethena ($ENA) Crypto Forecast: Up 5.3% Today

Centene Corporation Price History

04.01.2025 - CNC Stock was down 7.0%

• CNC exceeded Q4 earnings and revenue expectations, but its stock price declined.
• The market's reaction may be linked to worries over escalating medical costs, despite CNC's earnings benefiting from its expanding Commercial business.
• Investor apprehension about the sustainability of CNC's earnings growth amidst rising healthcare expenditures likely contributed to today's bearish performance in the stock.

04.01.2025 - CNC Stock was down 6.1%

• Despite beating earnings and revenue estimates in Q4, Centene Corporation (CNC) experienced a bearish movement in the stock market.
• Concerns about rising medical costs and uncertainties about future challenges might have contributed to this bearish movement, despite growth in the company's Commercial business.
• CNC projected premium and service revenues of $158-$160 billion for 2025, but this optimistic outlook did not fully alleviate market concerns.
• Investors' caution about Centene's growth sustainability in the healthcare sector's uncertain environment could explain the bearish market trend, despite positive earnings surprises.

03.00.2025 - CNC Stock was up 1.5%

• Centene stock exhibited a robust bullish movement today, which could be linked to its consistent market outperformance over the past 15 years.
• Mention of Centene's impressive average annual return of 17.46% and its market capitalization of $30.59 billion may have bolstered investor confidence in the stock.
• Potential interest from investors in Centene's stability and growth prospects within the healthcare sector likely led to increased buying activity, prompting a rise in the stock price.
• Favorable long-term performance metrics possibly played a role in driving the bullish momentum in Centene stock for the day.

13.01.2025 - CNC Stock was down 5.2%

• CNC experienced a bearish movement possibly due to concerns about slower growth in the healthcare sector, as indicated by investors bracing for upcoming earnings reports.
• The anticipation of these reports may have raised uncertainties about the overall performance of healthcare companies, leading to a negative impact on CNC's stock price.
• The contrasting year-to-date performance of another healthcare company with a 5.58% increase and CNC's bearish movement could suggest specific challenges or issues within Centene Corporation that investors are reacting to.
• Investors in the healthcare sector are likely closely monitoring earnings reports and industry trends, contributing to the volatility and downward pressure on CNC's stock price.

06.01.2025 - CNC Stock was down 5.2%

• While Centene Corporation (CNC) surpassed earnings and revenue expectations in the last quarter and forecasted robust revenue growth in 2025, its stock faced a bearish trajectory.
• The stock's decline could be attributed to various factors such as general market conditions, shifts in industry preferences, or profit realization following a period of strong performance.
• Concerns among investors may have arisen regarding potential challenges in the healthcare industry, changes in regulations, or macroeconomic variables that could influence Centene's future growth.
• It's conceivable that traders engaging in short-term investments opted to sell their CNC holdings post-recent positive updates, contributing to the downturn in stock value.

10.00.2025 - CNC Stock was down 3.5%

• The bearish movement in CNC stock today might be due to profit-taking by investors after a period of growth, despite compelling reasons. The market sentiment could have shifted temporarily, leading to a sell-off. Additionally, external factors might be impacting the healthcare sector as a whole, influencing CNC's stock performance negatively.

03.03.2025 - CNC Stock was up 5.5%

• CNC's partnership expansion with HMHB Hawaii for maternal care highlights a strategic investment in supporting mothers and babies, underscoring a dedication to enhancing healthcare services.
• Investors may view this move positively, seeing CNC's focus on improving healthcare outcomes as a potential catalyst for market share growth in the maternal care sector.
• The bullish movement in CNC's stock today could be linked to this development, with investors likely interpreting the partnership as a favorable step that may drive future growth and profitability for the company.

26.02.2025 - CNC Stock was up 2.3%

• Centene (CNC) displayed a significant bullish trend today, potentially supported by its consistent market outperformance over the last 20 years, boasting an average annual return of 10.92%.
• This optimism surrounding CNC might have been amplified by its current market capitalization of $29.39 billion, signaling strong investor belief in the company's future growth.
• The positive trajectory of CNC's stock price could also be linked to the general market positivity towards healthcare firms, particularly those engaged in government-sponsored healthcare initiatives akin to Centene.

08.03.2025 - CNC Stock was up 5.9%

• Analyst upgrades and positive outlook: Top Wall Street analysts have upgraded their outlook on Centene, likely contributing to the stock's bullish movement.
• Positive earnings estimate revisions: Recent trend in earnings estimate revisions for Centene indicates potential strength in the stock, boosting investor confidence and buying activity.
• Expectations of beating earnings estimates: Backed by a history of impressive earnings surprises and favorable conditions for exceeding estimates in the next quarterly report, investors are optimistic about Centene's future performance, leading to a rise in the stock price.

26.01.2025 - CNC Stock was down 5.6%

• The recent bearish movement in Centene's stock could be a result of investors taking profits following a period of robust growth.
• The broader market might be responding to economic uncertainties or specific news affecting healthcare companies.
• Investors could be reevaluating their positions in Centene in light of prevailing market conditions or internal company events.

17.03.2025 - CNC Stock was down 5.5%

• Today's bearish movement in Centene's stock may be due to investors taking profits after a period of growth.
• Positive long-term developments such as SilverSummit's expansion in Nevada and the Medicaid contract award could be overshadowed by short-term market uncertainties.
• The stock price downturn could be a result of investors reevaluating Centene's valuation following recent news.
• The bearish movement may be a mix of profit-taking, short-term market reactions, and reassessment of the company's valuation amidst recent positive developments.

11.02.2025 - CNC Stock was down 5.1%

• Despite a strong market performance over the past 20 years, Centene (CNC) saw a 2.9% decline since its last earnings report.
• Investor reaction to the earnings estimates likely led to the negative movement in CNC stock.
• The market's response indicates potential concerns about Centene's future performance, impacting the stock price.
• Long-term success does not shield a stock from short-term fluctuations, as evident in CNC's recent decline post-earnings report.