Elevance Health Inc. ($ELV) Stock Forecast: Down 8.6% Today

What is Elevance Health Inc.?

Elevance Health (ELV) is a healthcare company that is expected to report its second-quarter earnings soon. The overall market sentiment towards ELV today was bearish.

Why is Elevance Health Inc. going down?

ELV stock is down 8.6% on Jul 17, 2025 13:40

• ELV experienced a strong bearish movement today as investors may be concerned about the company's upcoming Q2 earnings.
• Rising costs and lower Medicaid memberships are expected to pressure ELV's profits, leading to a negative market sentiment.
• The anticipation of a decline in ELV's Q2 earnings, coupled with the lack of key ingredients for a potential earnings beat, could have contributed to the bearish market movement.
• Investors are advised to closely monitor ELV's earnings and key metrics to gain a better understanding of the company's performance and future outlook.

ELV Price Chart

ELV Technical Analysis

ELV News

Elevance to Report Q2 Earnings: Will Rising Costs Pressure Profits?

ELV's second-quarter earnings may face pressure as rising costs and lower Medicaid memberships offset strong revenue gains.

https://www.zacks.com/stock/news/2580044/elevance-to-report-q2-earnings-will-rising-costs-pressure-profits

Elevance Health ( ELV ) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Besides Wall Street's top-and-bottom-line estimates for Elevance Health (ELV), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2025.

https://www.zacks.com/stock/news/2579587/elevance-health-elv-q2-earnings-preview-what-you-should-know-beyond-the-headline-estimates

Earnings Preview: Elevance Health ( ELV ) Q2 Earnings Expected to Decline

Elevance Health (ELV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

https://www.zacks.com/stock/news/2571324/earnings-preview-elevance-health-elv-q2-earnings-expected-to-decline

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Elevance Health Inc. Price History

18.09.2024 - ELV Stock was up 5.7%

• ELV posted third-quarter revenues of $44.7 billion, surpassing predictions and demonstrating a 5.3% year-over-year growth, driven by increased premium yields in the Health Benefits segment and CarelonRx product revenue expansion.
• Despite the favorable revenue uptick, ELV's earnings were negatively impacted by reduced Medicaid and Medicare memberships, resulting in an earnings shortfall compared to expectations.
• The market responded positively to the revenue outperformance but exhibited some caution in light of the earnings miss and subdued annual forecast, leading to fluctuations in the stock's price.
• Investors are currently pondering whether ELV will exceed estimates in the upcoming earnings release, reflecting sustained intrigue and uncertainty concerning the company's performance.

23.00.2025 - ELV Stock was up 3.2%

• Elevance Health (ELV) experienced a notable upward trend today attributed to favorable developments and market optimism.
• Despite a decline in medical membership, the company showed a profitable Q4 and raised its dividend by 5%.
• Operational revenue saw a substantial increase due to enhanced risk-based functionalities and recent acquisitions.
• Q4 earnings and revenues surpassed expectations, indicating a promising future for the stock.
• The stock's upward trajectory could be linked to expectations of robust Q4 earnings, despite potential worries over increased expenses.

15.04.2025 - ELV Stock was down 6.1%

• The announcement of a class action lawsuit may have spooked investors, leading to a sell-off of ELV shares.
• Despite historically outperforming the market with an annualized return of 13.94%, concerns surrounding the legal proceedings seem to have overshadowed its long-term performance.
• Investors might be reacting to the uncertainty and potential financial implications of the lawsuit, causing a significant decline in ELV's stock price today.

23.04.2025 - ELV Stock was down 5.3%

• The bearish movement in ELV's stock today can be attributed to the class action lawsuits filed against the company on behalf of its stockholders for potential violations of federal securities laws. This legal uncertainty has likely caused investor concern and led to a sell-off of ELV shares.
• The negative impact on health care stocks like ELV could have been further exacerbated by the broader market trend, as indicated by the decline in other health care companies such as UnitedHealth and CVS following CMS's announcement of audits on MA contracts.
• Investors with substantial losses in ELV are being given the opportunity to lead class action lawsuits, adding to the legal pressures faced by the company and contributing to the downward pressure on its stock price.
• The upcoming class action deadline for ELV shareholders to contact law firms further highlights the legal challenges surrounding the company, potentially leading to continued volatility in its stock performance.

16.04.2025 - ELV Stock was up 7.7%

• Despite bearish options activity, the stock of Elevance Health (ELV) experienced a bullish movement today.
• The announcement of a class action lawsuit may have initially caused some uncertainty among investors, but it seems that the market sentiment quickly turned positive.
• The long-term outperformance of Elevance Health likely contributed to investor confidence and drove the bullish movement in the stock today.
• Overall, the positive market movement of ELV could be attributed to the company's strong historical performance and resilience in the face of legal challenges.

02.06.2025 - ELV Stock was down 8.3%

• The upcoming court deadline for the lawsuit against Elevance Health, Inc. may have caused uncertainty and negative sentiment among investors.
• The legal issues and potential violations by the company's senior executives could be contributing to the bearish movement in ELV stock.
• Investors might be reacting to the news by selling off their positions in ELV, leading to the strong bearish movement in the stock today.

03.03.2025 - ELV Stock was up 5.1%

• ELV stock exhibited significant upward movement today, potentially influenced by its consistent market outperformance over the past 15 years.
• Investor sentiment towards the company's future prospects may be positive, leading to heightened buying interest and an uptick in the stock price.
• The remarkable growth trajectory of Elevance Health and its consistent delivery of above-average returns could have captured the attention of more investors, contributing to the bullish momentum witnessed in the stock today.

22.04.2025 - ELV Stock was down 5.4%

• ELV stock plummeted due to the announcement of a class action lawsuit indicating potential violations by the company and its executives, leading to investor uncertainty and selling pressure.
• The broader health care sector, including companies like UnitedHealth and CVS, also faced a downturn following regulatory actions, adding to the negative sentiment in the industry.
• Investors with substantial losses in ELV are being urged to participate in the class action lawsuit, further exacerbating the negative outlook for the company and contributing to the bearish market movement.
• The legal challenges and uncertainties surrounding Elevance Health have overshadowed its historical market outperformance, causing a sharp decline in its stock price today.

17.06.2025 - ELV Stock was down 8.6%

• ELV experienced a strong bearish movement today as investors may be concerned about the company's upcoming Q2 earnings.
• Rising costs and lower Medicaid memberships are expected to pressure ELV's profits, leading to a negative market sentiment.
• The anticipation of a decline in ELV's Q2 earnings, coupled with the lack of key ingredients for a potential earnings beat, could have contributed to the bearish market movement.
• Investors are advised to closely monitor ELV's earnings and key metrics to gain a better understanding of the company's performance and future outlook.

12.01.2025 - ELV Stock was down 2.1%

• Despite its historical outperformance, ELV recently saw a notable bearish movement in its stock price.
• The decline in ELV's stock price may be attributed to profit-taking by investors following a prolonged growth period.
• Market sentiment may have changed due to factors such as macroeconomic conditions or specific company events.
• Investors could be reassessing their positions in ELV, leading to the observed bearish movement.

08.03.2025 - ELV Stock was up 5.2%

• The strong bullish movement in ELV's stock could be attributed to the surge in trading volume observed in the last session, indicating increased investor interest.
• Despite a notable increase, further upside may be limited in the near term due to trends in earnings estimate revisions.
• Positive reactions from investors to recent developments or news related to Elevance Health may have contributed to the stock price increase despite potential limitations on future price increases.
• Monitoring new information or updates regarding ELV is crucial for making informed decisions about investment strategies.

17.03.2025 - ELV Stock was down 6.6%

• The bearish movement in ELV stock today could be attributed to investors' concerns about the implied volatility surging in the stock options market.
• The anticipation of the upcoming earnings report might have led to profit-taking by some traders, causing a downward pressure on the stock price.
• The increased attention on ELV stock options could indicate a higher level of uncertainty or speculative trading, contributing to the bearish trend in the market today.