Cencora Inc. ($COR) Stock Forecast: Down 0.3% Today

What is Cencora Inc.?

Cencora (COR) is a company in the healthcare solutions sector that has been performing well in the market.

Why is Cencora Inc. going down?

COR stock is down 0.3% on Feb 5, 2025 15:40

• The bearish movement in COR stock today could be attributed to profit-taking by investors despite the company surpassing Q1 earnings and revenue estimates.
• The strong performance in the U.S. Healthcare Solutions segment might have been already priced in, leading to a sell-off.
• The stiff competition could be causing concerns among investors, leading to the bearish trend.
• The stock's historical outperformance and market capitalization may have set high expectations, and any deviation from this trajectory could trigger a negative market reaction.

COR Price Chart

COR Technical Analysis

COR News

Cencora ( COR ) Surpasses Q1 Earnings and Revenue Estimates

Cencora (COR) delivered earnings and revenue surprises of 6.57% and 4.31%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2409841/cencora-cor-surpasses-q1-earnings-and-revenue-estimates

Here's Why You Should Add Cencora Stock to Your Portfolio Now

COR continues to gain traction from the robust U.S. Healthcare Solutions segment. However, stiff competition is a woe.

https://www.zacks.com/stock/news/2406366/heres-why-you-should-add-cencora-stock-to-your-portfolio-now

$100 Invested In Cencora 10 Years Ago Would Be Worth This Much Today - Cencora ( NYSE:COR )

Cencora COR has outperformed the market over the past 10 years by 6.19% on an annualized basis producing an average annual return of 17.58%. Currently, Cencora has a market capitalization of $49.72 billion.

https://www.benzinga.com/insights/news/25/01/43317152/100-invested-in-cencora-10-years-ago-would-be-worth-this-much-today

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Cencora Inc. Price History

06.10.2024 - COR Stock was up 5.1%

• In the fourth quarter of 2024, COR exceeded sales expectations, seeing a significant revenue increase in both U.S. and International Healthcare Solutions segments.
• Despite a year-over-year decline in margins, COR's overall Q4 performance was impressive, resulting in an increased dividend and positive market sentiment.
• Analysts were optimistic about COR's earnings and revenue estimates, suggesting potential for ongoing stock growth.
• The market responded positively to COR's better-than-expected Q4 earnings and revenue, propelling the bullish movement in the stock price.

03.00.2025 - COR Stock was up 3.4%

• Market expectations point towards a potential increase in COR stock, reflecting optimistic investor sentiment.
• COR has outperformed the market by 4.82% annually over the last decade, highlighting its robust historical performance.
• Today's positive uptick in COR may be linked to the favorable outlook in the options market and its consistent market outperformance.

15.09.2024 - COR Stock was up 2.3%

• COR experienced a strong bullish movement recently, possibly due to investor optimism and confidence in the company's financial performance.
• Expectations of COR surpassing earnings estimates in the near future may have influenced the positive market sentiment.
• The consistent outperformance of COR compared to the market could have attracted more investors, boosting the stock price.
• In summary, COR's solid historical performance, anticipated positive earnings, and market outperformance likely drove the recent bullish movement in the stock.

15.09.2024 - COR Stock was up 5.7%

• Cencora's stock price surged today as investors continue to be impressed by its consistent outperformance compared to the market over the past 5 years.
• The significant growth of $1000 invested in Cencora 5 years ago to $2,700 today likely attracted more investors to the stock, driving up demand.
• The market capitalization of $43.54 billion indicates strong investor confidence in Cencora's future growth prospects, further fueling today's bullish movement.
• Overall, Cencora's impressive track record and positive market sentiment seem to have contributed to today's strong bullish performance.

05.01.2025 - COR Stock was down 0.3%

• The bearish movement in COR stock today could be attributed to profit-taking by investors despite the company surpassing Q1 earnings and revenue estimates.
• The strong performance in the U.S. Healthcare Solutions segment might have been already priced in, leading to a sell-off.
• The stiff competition could be causing concerns among investors, leading to the bearish trend.
• The stock's historical outperformance and market capitalization may have set high expectations, and any deviation from this trajectory could trigger a negative market reaction.

28.02.2024 - COR Stock was down 0.9%

• The bearish movement in COR stock today could be attributed to investors' concerns about the stiff competition in the U.S. Healthcare Solutions segment.
• Despite the company gaining traction in the industry, the competitive landscape might be causing uncertainty among investors, leading to a sell-off of the stock.
• Investors may be reevaluating the growth potential of COR amidst the challenges posed by its competitors, resulting in the bearish market movement today.

01.01.2024 - COR Stock was up 5.5%

• Cencora's short interest has risen, indicating potential buying pressure from investors.
• The company's first quarter adjusted EPS and revenue exceeded expectations, showing strong financial performance.
• The bullish options activity suggests a positive sentiment among investors.
• The overall market growth, including the rising demand for GLP-1 drugs and COVID-19 vaccines, contributed to Cencora's positive performance.

27.05.2024 - COR Stock was down 5.1%

• The recent decline in COR stock may be due to:
• Competition in the healthcare solutions sector impacting the company's growth outlook.
• Investor doubts about the company's competitive position despite its potential.
• Changes in market sentiment, potentially influenced by profit-taking or broader market conditions, contributing to the stock's downward trend.