Centene Corporation ($CNC) Stock Forecast: Down 5.1% Today

What is Centene Corporation?

Centene Corporation (CNC) is a healthcare company that provides programs and services to government-sponsored healthcare programs. The company operates through two segments: Managed Care and Specialty Services.

Why is Centene Corporation going down?

CNC stock is down 5.1% on May 23, 2025 15:35

• Today, despite positive long-term performance, Centene's stock experienced a strong bearish movement. This could be attributed to:
• Profit-taking by investors after a prolonged period of outperformance.
• Market concerns about potential regulatory changes impacting government-sponsored healthcare programs.
• General market volatility leading to a broader sell-off in the healthcare sector.
• Contradiction between the long-term growth prospects and short-term market sentiment driving the bearish movement.

CNC Price Chart

CNC Technical Analysis

CNC News

Factors That Make Centene Stock a Lucrative Pick Right Now

CNC remains well-poised for growth on improved premiums, a well-performing Commercial Marketplace business, strategic divestitures and sound cash reserves.

https://www.zacks.com/stock/news/2474953/factors-that-make-centene-stock-a-lucrative-pick-right-now

If You Invested $1000 In This Stock 20 Years Ago, You Would Have This Much Today - Centene ( NYSE:CNC )

Centene CNC has outperformed the market over the past 20 years by 2.34% on an annualized basis producing an average annual return of 10.65%. Currently, Centene has a market capitalization of $30.97 billion.

https://www.benzinga.com/insights/news/25/05/45521579/if-you-invested-1000-in-this-stock-20-years-ago-you-would-have-this-much-today

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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.

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.

12.04.2025 - CNC Stock was down 2.1%

• CNC's bearish movement today could be attributed to profit-taking by investors after a recent bullish run.
• The comparison with Adaptive Biotechnologies (ADPT) might have highlighted CNC's underperformance in the medical sector, leading to a sell-off.
• Investors may have concerns about CNC's future growth prospects or operational challenges, prompting the bearish sentiment.
• Overall, CNC's downward movement today could be a combination of sector-specific factors and profit booking, contributing to the bearish trend.

23.04.2025 - CNC Stock was down 5.1%

• Today, despite positive long-term performance, Centene's stock experienced a strong bearish movement. This could be attributed to:
• Profit-taking by investors after a prolonged period of outperformance.
• Market concerns about potential regulatory changes impacting government-sponsored healthcare programs.
• General market volatility leading to a broader sell-off in the healthcare sector.
• Contradiction between the long-term growth prospects and short-term market sentiment driving the bearish movement.

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.

16.04.2025 - CNC Stock was up 5.0%

• Centene Corporation (CNC) experienced a strong bullish movement today.
• Mentioning "3 Stocks to Buy Following Robust Results" may have included CNC as one of the recommended stocks to buy after posting stellar quarterly results.
• The raised outlooks of companies in the healthcare sector, including Centene, may have contributed to the bullish momentum in CNC's stock price.
• Investors are likely optimistic about Centene's future performance and growth prospects, leading to increased buying interest and driving the stock higher.

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.