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Centene Corporation ($CNC) Stock Forecast: Down 5.3% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Centene Corporation?

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

Why is Centene Corporation going down?

CNC stock is down 5.3% on Apr 25, 2025 17:36

  • Despite Centene beating Q1 earnings and revenue estimates, the stock still experienced a bearish movement, indicating that the market may have had higher expectations.
  • The reaffirmation of annual profit guidance by Centene was not enough to offset the negative market sentiment impacting the stock price.
  • Analyst estimates for Centene's Q1 earnings and performance may have played a role in influencing investor sentiment and contributing to the bearish movement.
  • The overall market conditions or external factors could have overshadowed Centene's positive earnings report, leading to the bearish movement in the stock price.

CNC Price Chart

CNC Technical Analysis

CNC News

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 2.97% on an annualized basis producing an average annual return of 11.01%. Currently, Centene has a market capitalization of $28.44 billion.

https://www.benzinga.com/insights/news/25/04/45014740/heres-how-much-you-would-have-made-owning-centene-stock-in-the-last-20-years

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

Insurer Centene Reaffirms Annual Profit Guidance, Reports Better Than Expected Q1 Earnings - Centene ( NYSE:CNC )

Q1 sales rose 15% to $46.62 billion, beating estimates; adjusted EPS climbed 28% to $2.90 vs. $2.54 expected. Marketplace and PDP membership jumped 29% and 22%, while total membership dipped to 27.94 million. Don't face extreme market conditions unprepared.

https://www.benzinga.com/general/health-care/25/04/45007934/insurer-centene-reports-better-than-expected-q1-earnings-on-strong-growth-in-commercial-plans

1 News Article Image Insurer Centene Reaffirms Annual Profit Guidance, Reports Better Than Expected Q1 Earnings - Centene  ( NYSE:CNC )

Centene ( CNC ) Beats Q1 Earnings and Revenue Estimates

Centene (CNC) delivered earnings and revenue surprises of 22.88% and 7.24%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2455564/centene-cnc-beats-q1-earnings-and-revenue-estimates

2 Missing News Article Image Centene  ( CNC )  Beats Q1 Earnings and Revenue Estimates

Exploring Analyst Estimates for Centene ( CNC ) Q1 Earnings, Beyond Revenue and EPS

Get a deeper insight into the potential performance of Centene (CNC) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

https://www.zacks.com/stock/news/2452598/exploring-analyst-estimates-for-centene-cnc-q1-earnings-beyond-revenue-and-eps

3 Missing News Article Image Exploring Analyst Estimates for Centene  ( CNC )  Q1 Earnings, Beyond Revenue and EPS

Centene Corporation Price History

25.03.2025 - CNC Stock was down 5.3%

  • Despite Centene beating Q1 earnings and revenue estimates, the stock still experienced a bearish movement, indicating that the market may have had higher expectations.
  • The reaffirmation of annual profit guidance by Centene was not enough to offset the negative market sentiment impacting the stock price.
  • Analyst estimates for Centene's Q1 earnings and performance may have played a role in influencing investor sentiment and contributing to the bearish movement.
  • The overall market conditions or external factors could have overshadowed Centene's positive earnings report, leading to the bearish movement in the stock price.

25.03.2025 - CNC Stock was down 5.7%

  • Despite reporting better than expected Q1 earnings and confirming its annual profit guidance, Centene (CNC) witnessed a bearish trend.
  • Market concerns may have arisen from a decrease in total membership despite notable growth in Marketplace and PDP memberships.
  • Investors' focus on factors beyond financial performance could have contributed to the stock sell-off.
  • High expectations from Wall Street analysts regarding Centene's (CNC) future earnings growth might have led to disappointment among investors, triggering the bearish movement.

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.

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.

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.

23.03.2025 - CNC Stock was up 5.0%

  • CNC stock displayed a significant bullish trend today, possibly influenced by positive market sentiment and the anticipation surrounding the upcoming Q1 earnings.
  • Analysts exhibit optimism regarding Centene's performance for the quarter ending March 2025, forecasting potential earnings growth that surpasses revenue and EPS estimates.
  • The favorable analyst predictions and expectations of an earnings beat in the forthcoming report could have spurred the bullish movement in CNC stock.
  • Investors seem to be responding positively to Centene's growth potential and strong fundamentals, resulting in heightened buying activity and an increase in the stock price.

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.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.