CVS Health Stock Target Price and Analyst Consensus

CVS Stock  USD 59.00  0.79  1.36%   
The current analyst and expert consensus on CVS Health is Buy with 6 buy recommendations. The current projected CVS Health target price consensus is 90.16, with 29 analyst opinions. CVS Health buy-or-sell recommendation module provides average expert sentiment on the projected CVS Health Corp target price to derive its highest and lowest estimates based on target price estimated volatility. Check out Macroaxis Advice on CVS Health to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
82.05
Highest Forecast
100.08
Target Price
90.16
At this time, CVS Health's Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.06 in 2024, despite the fact that Gross Profit is likely to grow to (193.2 B). At this time, CVS Health's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 3.8 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 984.2 M in 2024.
  
It's important to approach CVS Health's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

CVS Health Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CVS target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. CVS Health's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   29  Buy
Most CVS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand CVS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of CVS Health Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

CVS Health Target Price Projection

CVS Health's current and average target prices are 59.00 and 90.16, respectively. The current price of CVS Health is the price at which CVS Health Corp is currently trading. On the other hand, CVS Health's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

CVS Health Market Quote on 13th of July 2024

Low Price57.85Odds
High Price59.57Odds

59.0

Target Price

Analyst Consensus On CVS Health Target Price

Low Estimate82.05Odds
High Estimate100.08Odds

90.16

Historical Lowest Forecast  82.05 Target Price  90.16 Highest Forecast  100.08
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on CVS Health Corp and the information provided on this page.

CVS Health Analyst Ratings

CVS Health's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about CVS Health stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of CVS Health's financials, market performance, and future outlook by experienced professionals. CVS Health's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize CVS Health price targets

CVS Health's stock target price is an estimate of its future price, usually made by analysts. Using CVS Health's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at CVS Health's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if CVS Health's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional CVS Health Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of CVS Health is a key component of CVS Health valuation and have some predictive power on the future returns of a CVS Health.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CVS Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
56.1558.8361.51
Details
Intrinsic
Valuation
LowRealHigh
53.1075.2377.91
Details
Naive
Forecast
LowNextHigh
58.9761.6464.32
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.601.762.02
Details

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Additional Tools for CVS Stock Analysis

When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.