Centene Corporation ($CNC) Stock Forecast: Up 2.3% Today

What is Centene Corporation?

Centene Corporation (NYSE: CNC) is a healthcare company that provides programs and services to government-sponsored healthcare programs. Today, CNC experienced a strong bullish movement in the stock market.

Why is Centene Corporation going up?

CNC stock is up 2.3% on Mar 26, 2025 14:40

• 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.

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Here's How Much You Would Have Made Owning Centene Stock In The Last 20 Years - Centene ( NYSE:CNC )

Centene CNC has outperformed the market over the past 20 years by 2.69% on an annualized basis producing an average annual return of 10.92%. Currently, Centene has a market capitalization of $29.39 billion.

https://www.benzinga.com/insights/news/25/03/44458963/heres-how-much-you-would-have-made-owning-centene-stock-in-the-last-20-years

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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.

12.11.2024 - CNC Stock was up 5.6%

• The impressive historical performance and market outperformance of Centene have likely influenced the bullish movement in the stock today.
• Investor optimism regarding Centene's future prospects, particularly in the healthcare sector, is fueled by its solid track record of strong returns.
• Recent developments involving a key leader at UnitedHealth (UNH) might have indirectly boosted investor confidence in Centene, leading to increased buying activity and driving up the stock price.
• Overall, the positive sentiment surrounding Centene's historical performance and potential growth prospects has contributed to the bullish movement in the stock today.

10.11.2024 - CNC Stock was down 5.7%

• CNC's stock has experienced a bearish trend, possibly influenced by concerns related to the healthcare industry's stability and future direction following a significant loss of leadership at UnitedHealth (UNH).
• Investors' apprehensions about the potential effects on CNC's business operations and growth prospects may have triggered a selling spree in the stock.
• The uncertainty surrounding UnitedHealth's 2025 outlook and operating cash flows seems to have had a cascading impact on the healthcare sector, playing a role in CNC's current bearish performance.

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.

25.09.2024 - CNC Stock was up 10.1%

• Centene Corporation (CNC) posted third-quarter sales of $42.02 billion, surpassing expectations with a 10.5% year-over-year increase, leading to a positive reaction from investors.
• The company exceeded earnings per share (EPS) forecasts, reporting an adjusted EPS of $1.62 compared to the consensus of $1.38, demonstrating strong financial performance.
• The better-than-expected earnings and revenue numbers likely fueled the rise in CNC's stock price, reflecting investor optimism about the company's growth and financial well-being.
• Despite concerns about lower premiums and rising medical costs impacting CNC's earnings, the robust quarterly results have reassured investors and generated increased interest in the stock.

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.

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.

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.

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.