NYSE: ELV

Elevance Health (ELV) Stock Analysis & Forecast

Nov 4 close

$434.18+20.43 (+4.9%)

Gekko Brief

Nov 4 close

Elevance Health closed at $434.18 on 4 November 2026, +4.9% on the day. The price sits above both the 50-day ($411.75) and 200-day ($373.04) moving averages, inside a 52-week range of $274.84 to $450.69. The GekkoIndex reads 52.8, in the Neutral zone, down 4.4 points over five sessions. Gekko Fair Value is $635.19, so the price is 31.6% below it.

The next earnings report is due on 27 January 2027, 83 days away (before open). Over the last 8 reports the company beat the earnings estimate 6 times, with an average move of 7.1% across the report. Seasonally, the next 20 trading days from this point averaged +0.4% over the last 5 years, rising in 2 of them.

13 firms rate the stock: 9 buy, 4 hold and 0 sell, with a consensus target of $482.38. A typical daily move is about 3.1%, and a typical 20-day move about 4.5%. On the swing-trade checklist, 3 items read supportive and 0 read as a headwind.

A plain summary of the figures as of the Nov 4, 2026 close.

Elevance Health price vs fair value

▲$635.19$434.18Nov ’25May ’26Nov ’26
Close $434.18200-day averageGekko Fair Value $635.19

Elevance Health quick facts

Market cap
$94.16B
P/E ratio
17.6
Forward P/E
14
EPS, TTM
$23.55
Revenue, TTM
$201.8B
Profit margin
2.6%
Dividend yield
1.64%
Beta
0.63
Volume
1.73M avg 1.45M
1-year return
+38.6%
Typical daily move
±3.1%
Typical 20-day move
±4.5%
50-day average
$411.75
200-day average
$373.04
Next earnings
Jan 27 before open
Shares outstanding
216.9M
52-week range
$274.84$450.69

Elevance Health swing-trade checklist

Elevance Health scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $434.18 is above the 50-day ($411.75) and 200-day ($373.04) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    52.8, Neutral

    Reading 52.8 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    31.6% below

    Price is 31.6% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 83 days

    Next report Jan 27, 2027, 83 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +0.4% on average

    From this point in the calendar, the next 20 trading days averaged +0.4% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Elevance Health stock chart and price history

Elevance Health closed at $434.18 on Nov 4, 2026, +38.6% over the past year, inside a 52-week range of $274.84 to $450.69.

Close50-day average200-day averageVolume
Elevance Health share price, past year, with 50-day and 200-day moving averages and volume$300$350$400$450DecJan 2026FebMarAprMayJunJulAugSepOct434.18

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+8.5%
3 months
+10.9%
6 months
+15.9%
1 year
+38.6%
The full ELV chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ELV in Gekko

Follow Elevance Health through every session

Put ELV on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Elevance Health

Elevance Health works as a health benefits organization, helping people, families and communities navigate their health and wellness needs. It connects roughly 118 million individuals with care, support and resources aimed at helping them live healthier lives. Its reach spans medical coverage, digital health tools, pharmacy services, behavioral health support and clinical care solutions.

The company brings together a range of health-related services under one roof, addressing different aspects of a person's wellbeing rather than a single type of care. Its customer base is broad, serving individuals and families who rely on it for various forms of health assistance and coverage.

Elevance Health was founded in 1944 and is headquartered in Indianapolis, Indiana. It took on its current name in June 2022, having previously been known as Anthem, Inc. Its shares are listed on the NYSE under the ticker ELV.

Listed
NYSE
Sector
Health services
Industry
Managed health care
Website
elevancehealth.com

Elevance Health GekkoIndex: the smart money zone

Elevance Health’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 52.8, in the Neutral zone, down 4.4 points over five sessions.

010052.8Neutral

Down 4.4 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying36−0.3%−2.7%−2.7%−0.1%
Accumulation226−0.2%−0.3%−0.6%+1.6%
Neutral (current zone)388+0.2%+0.4%+0.5%−2.1%
Distribution45+0.2%+1.2%+1.2%+3.3%
Selling2Too few readings yet

Average ELV share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ELV price, zone by zone.Track ELV in Gekko

Is Elevance Health stock overvalued? Gekko Fair Value

Elevance Health trades 31.6% below Gekko Fair Value of $635.19, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Elevance Health shares are worth, recalculated every trading day.

$635.19

Gekko Fair Value, Nov 4, 2026

31.6% Undervalued

At the end of Aug 2026 the price was 42.5% below the estimate.

Gekko Fair ValueShare price, month end
$635$414Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ELV in Gekko

Elevance Health insider and Congress trading

No open-market insider purchases were filed for Elevance Health, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ELV in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ELV insider filing, plotted on the chart in Gekko.Open ELV in Gekko

Congress trades last 90 days

No trades in ELV were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ELV, plotted on the chart in Gekko.Open ELV in Gekko

Buybacks

Elevance Health has been buying back its own shares.

Bought back, quarter ended Sep 30, 2026
$330.0M
As a share of market cap
0.35%
Trailing four quarters
$2.16B

From company filings.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds ELV.

0added1opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko

Elevance Health earnings: next date and track record

Elevance Health reports on Jan 27, 2027, before the open (83 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±7.1%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+2.6%Jan ’25+5.0%Apr ’25−19.6%Jul ’25−2.5%Oct ’25+7.5%Jan ’26+5.5%Apr ’26−12.6%Jul ’26+1.2%Oct ’26

Last earnings call, Oct 21, 2026 AI summary

What they said
Elevance Health reported strong Q3 2026 results with outperformance across Medicaid, Medicare Advantage, and Individual ACA segments. The company raised 2026 adjusted EPS guidance to at least $29 and increased the earnings baseline to at least $26.75. Carelon's oncology solution reduced avoidable inpatient admissions by 15%, and the Elevate platform identified over $300 million in anticipated savings. Medicaid margins tracked ahead of guidance following rate actions.
Guidance
2026 adjusted diluted EPS guidance raised to at least $29, with baseline of at least $26.75. Management expects at least 12% adjusted EPS growth in 2027, driven by health benefits margin improvement, Carelon expansion, and operating efficiency gains.
ReportedEPSSurpriseRevenueSurpriseMove
Oct 21, 2026$6.99
est $4.71
+48.4%$50.44B
est $49.28B
+2.4%+1.2%
Jul 15, 2026$7.45
est $6.18
+20.6%—
est $48.82B
—−12.6%
Apr 22, 2026$12.58
est $10.81
+16.4%$49.49B
est $48.20B
+2.7%+5.5%
Jan 28, 2026$3.33
est $3.10
+7.4%$49.31B
est $49.84B
−1.1%+7.5%
Oct 21, 2025$6.03
est $4.93
+22.3%$50.71B
est $49.38B
+2.7%−2.5%
Jul 17, 2025$8.84
est $8.91
−0.8%$49.78B
est $48.19B
+3.3%−19.6%
Apr 22, 2025$11.97
est $11.41
+4.9%$48.89B
est $46.30B
+5.6%+5.0%
Jan 23, 2025$3.84
est $3.85
−0.3%$45.44B
est $44.95B
+1.1%+2.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Elevance Health stock forecast and analyst price targets

Analysts’ average 12-month price target for Elevance Health is $482.38, +11.1% from the last close, from 13 firms rating the stock in the last 90 days.

$482.38consensus 12-month target, +11.1% from the last close
Low $406High $523
Buy9
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 13 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 27Wells FargoBuy, reiterated$492+13.3%
Oct 23Mizuho SecuritiesBuy, maintained$490+12.9%
Oct 23TD CowenBuy, maintained$495+14.0%
Oct 22Bank of America SecuritiesBuy, reiterated$500+15.2%
Oct 22Morgan StanleyHold, maintained$449+3.4%
+0.5%average 20-day move after past Neutral readings
+0.4%average move over the next 20 trading days in the last 5 years
±3.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Elevance Health seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Elevance Health averaged +0.4% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−6.5%2021−0.8%2022+6.1%2023−2.3%2024+4.5%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.3%3 of 5
Next 10 trading days−0.8%3 of 5
Next 15 trading days+1.1%2 of 5
Next 20 trading days+0.4%2 of 5
Next 30 trading days+0.4%3 of 5

For scale, ELV’s typical 20-trading-day move in either direction is about 4.5%.

Elevance Health market cap and key statistics

Elevance Health’s market cap is $94.16B, with a P/E ratio of 17.6 and revenue of $201.8B over the last twelve months.

Valuation

Market cap
$94.16B
P/E ratio
17.6
Forward P/E
14
EPS, TTM
$23.55
Gekko Fair Value
$635.19

Trading

Volume
1.73M
Avg volume, 20 days
1.45M
52-week high
$450.69
52-week low
$274.84
Shares outstanding
216.9M

Financials

Revenue, TTM
$201.8B
Profit margin
2.6%
Return on equity
11.5%
Quarterly earnings growth, YoY
+17.9%

Risk and income

Beta
0.63
Typical daily move
±3.1%
Typical 20-day move
±4.5%
Dividend yield
1.64%

Elevance Health peers

Elevance Health’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
UNHUnitedHealth+3.2%Neutral9.7% above
CICigna+1.1%Neutral33.1% below
HUMHumana+0.7%Neutral22.1% below
CNCCentene+7.6%Neutral13.6% below
MOHMolina Healthcare+2.9%Neutral34.2% below
OSCROscar Health−1.2%Neutral4.8% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Elevance Health stock FAQ

What is Elevance Health’s market cap?

Elevance Health’s market cap is $94.16B at the Nov 4, 2026 close of $434.18, with 216.9M shares outstanding. The shares trade on a P/E ratio of 17.6.

What is the Elevance Health stock forecast?

The consensus analyst 12-month price target for Elevance Health is $482.38, +11.1% from the last close. Of the 13 firms that rated the stock in the last 90 days, 9 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Elevance Health stock overvalued or undervalued?

On Gekko’s estimate Elevance Health is undervalued: the Nov 4, 2026 close of $434.18 is 31.6% below Gekko Fair Value of $635.19. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Elevance Health report earnings next?

Elevance Health is expected to report on Jan 27, 2027, before the market opens (83 days away). Analysts expect earnings of $2.08 per share on revenue of $49.38B. Elevance Health beat the earnings estimate in 6 of its last 8 reports, moving 7.1% on average across the report.

What is Elevance Health’s 52-week high and low?

Elevance Health’s 52-week high is $450.69 and its 52-week low is $274.84; it closed at $434.18 on Nov 4, 2026, +38.6% over the past year. Over the last five years the shares peaked at $567.26 on Sep 3, 2024.

Is Elevance Health stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, fair value and earnings risk), 2 as mixed (gekkoindex and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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