Cencora Inc. ($COR) Stock Forecast: Up 3.4% Today

What is Cencora Inc.?

Cencora (COR) is a stock listed on the NYSE with a market capitalization of $43.43 billion. The stock had a strong bullish movement today.

Why is Cencora Inc. going up?

COR stock is up 3.4% on Jan 3, 2025 15:37

• 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.

COR Price Chart

COR Technical Analysis

COR News

Is the Options Market Predicting a Spike in Cencora ( COR ) Stock?

Investors need to pay close attention to Cencora (COR) stock based on the movements in the options market lately.

https://www.zacks.com/stock/news/2389882/is-the-options-market-predicting-a-spike-in-cencora-cor-stock

Here's How Much You Would Have Made Owning Cencora Stock In The Last 10 Years - Cencora ( NYSE:COR )

Cencora COR has outperformed the market over the past 10 years by 4.82% on an annualized basis producing an average annual return of 16.23%. Currently, Cencora has a market capitalization of $43.43 billion.

https://www.benzinga.com/insights/news/24/12/42734176/heres-how-much-you-would-have-made-owning-cencora-stock-in-the-last-10-years

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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.

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.