Elevance Health, Inc. (ELV) is currently trading at $389.09. Based on 21 Wall Street analysts, the average target price is $449.10, implying a 15.4% upside. The consensus recommendation is BUY.

ELV

Elevance Health, Inc.

HealthcareOpinion: buy

Opinion Criteria: Based on the consensus of Wall Street analysts. Strong Buy (1.0-1.5), Buy (1.5-2.5), Hold (2.5-3.5), Sell (3.5-4.5), Strong Sell (4.5-5.0).

Price (USD)

$389.09

Consensus target price range

Low–high band from analyst PT changes in the last 3 months; median & sample mean vs current price

LowHigh
$393.00$498.00
Current $389.09
Median: $452.50Mean: $446.35Current: $389.09

Recent price target updates (latest 80)

  • Leerink PartnersJul 17, 2026

    PT action: Raises

    $364.00 → $395.00

  • RBC CapitalJul 16, 2026

    PT action: Lowers

    $439.00 → $424.00

  • Wells FargoJul 16, 2026

    PT action: Lowers

    $492.00 → $473.00

  • GuggenheimJul 16, 2026

    PT action: Raises

    $399.00 → $455.00

  • BarclaysJul 16, 2026

    PT action: Lowers

    $480.00 → $457.00

  • BairdJul 16, 2026

    PT action: Raises

    $331.00 → $393.00

  • TD CowenJul 14, 2026

    PT action: Raises

    $400.00 → $465.00

  • Truist SecuritiesJul 14, 2026

    PT action: Raises

    $450.00 → $475.00

  • Wells FargoJul 13, 2026

    PT action: Raises

    $391.00 → $492.00

  • RBC CapitalJul 9, 2026

    PT action: Raises

    $358.00 → $439.00

  • Cantor FitzgeraldJul 7, 2026

    PT action: Raises

    $400.00 → $450.00

  • BernsteinJul 2, 2026

    PT action: Raises

    $424.00 → $482.00

  • MizuhoJun 8, 2026

    PT action: Raises

    $435.00 → $465.00

  • JP MorganJun 8, 2026

    PT action: Raises

    $411.00 → $476.00

  • B of A SecuritiesJun 4, 2026

    PT action: Raises

    $435.00 → $460.00

  • Morgan StanleyJun 4, 2026

    PT action: Raises

    $352.00 → $404.00

  • Truist SecuritiesJun 1, 2026

    PT action: Raises

    $375.00 → $450.00

  • BarclaysMay 26, 2026

    PT action: Raises

    $408.00 → $480.00

  • UBSMay 22, 2026

    PT action: Raises

    $400.00 → $460.00

  • MizuhoMay 20, 2026

    PT action: Raises

    $385.00 → $435.00

Band uses only the revised target (Current column) from firm actions dated within the last 3 months—not the Prior price.

Avg Target

$449.10

Based on 21 analysts

Analyst Recommendations

Buy (15)Hold (7)Sell (0)

Upside

+15.42%

Market Cap

$84.38B

Financial & Investment Metrics

Next Earnings Date
Jul 15, 2026D+7
P/E Ratio (TTM)17.20
Forward P/E13.13
P/B Ratio1.88
Dividend Yield1.75%
Return on Equity (ROE)11.13%
Operating Margin4.56%
Debt to Equity68.95
Beta (Volatility)0.68
52 Week Range$273.71 - $436.24
LowCurrent: $389.09High

Latest News

Daily editorial mentioning ELV

Price target moves

BMO Capital Lifts GOOGL and BLK Targets Amidst Broad NFLX Revisions

As of July 20, 2026, the analyst community has been busy recalibrating expectations across key S&P 500 constituents. Most notably, BMO Capital initiated a series of adjustments on July 17, pushing their target for Alphabet (GOOGL) to $455 from $435, while simultaneously raising BlackRock (BLK) to $1300 from $1250.

Revisions this week

The activity was concentrated in the financial and healthcare sectors. Morgan Stanley (MS) saw upward adjustments from both BMO Capital (to $250) and Freedom Broker (to $245), highlighting a firming sentiment toward the banking giant. Healthcare also saw significant movement; UnitedHealth Group (UNH) captured upgrades from Morgan Stanley to $529 and Keybanc to $500.

Conversely, the downward revisions were marked by a heavy concentration in Communication Services. Netflix (NFLX) faced a barrage of target cuts from five different firms, including Goldman Sachs, JP Morgan, and Morgan Stanley, with price targets coalescing around the $83–$94 range.

Ticker Firm Dir Prior→Current
GOOGL BMO Capital Up 435→455
NFLX JP Morgan Down 118→85
ISRG Piper Sandler Down 580→470
MS BMO Capital Up 240→250

What to notice

The divergence in Healthcare targets is particularly striking. While Piper Sandler and Raymond James took a sharper stance on Intuitive Surgical (ISRG), slashing targets to $470 and $483 respectively, other corners of the sector like Elevance Health (ELV) saw Leerink Partners boost their target to $395. This suggests that while broader sector sentiment remains generally positive, specific valuation models for surgical robotics are undergoing a more aggressive reset. You can track these shifting consensus trends on our dedicated moves page.

Sector divergence in tech and energy

The IT and energy sectors saw individual, albeit significant, downward revisions that bucked the broader positive momentum seen in financials. Citigroup’s decision to drop IBM from $375 to $255 represents a substantial recalibration, signaling a move to align with more conservative valuation multiples. Similarly, the energy space saw Occidental Petroleum (OXY) pared back to $60 by Citigroup, reflecting a cooling outlook on price appreciation for the firm relative to its historical consensus.

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Insider Sentiment Index (Last 6 Months)

Counts and listings exclude stock awards, gifts, and option exercises—open-market purchases and sales only.

Buy vs Sell (Count)

Insider Buys: 5Insider Sells: 5

Whale Trades (C-Level Large Buys)

Major insider buying detected recently.

PERU RAMIRO G (Director) - 1,000 shares

Recent Insider Transactions

DateNamePositionTransactionShares
7/17/2026PERU RAMIRO GDirectorPurchase at price 366.05 per share.1,000
7/17/2026BOUDREAUX GAIL A KOZIARAChief Executive OfficerPurchase at price 366.41 - 368.25 per share.2,725
6/12/2026PENCZEK RONALD WOfficerSale at price 403.16 per share.369
6/11/2026DIXON ROBERT L JRDirectorSale at price 401.77 per share.151
5/19/2026PENCZEK RONALD WOfficerSale at price 403.13 per share.1,531
3/12/2026SCHULMAN AMY W.DirectorSale at price 287.50 per share.26
3/6/2026KENDRICK CHARLES MORGAN JROfficerSale at price 284.92 per share.3,196
3/5/2026COLLIS STEVEN HOWARDDirectorPurchase at price 289.84 per share.3,000
8/19/2025DEVORE SUSAN DDirectorPurchase at price 312.15 per share.1,200
7/18/2025BOUDREAUX GAIL A KOZIARAChief Executive OfficerPurchase at price 286.07 - 287.96 per share.8,500

Frequently Asked Questions

Q. What is the current target price and upside for ELV?

A. The current target price for Elevance Health, Inc. is $449.10, which implies a 15.4% upside from the current price of $389.09. This is based on the consensus of 21 Wall Street analysts.

Q. What is the current analyst recommendation for ELV?

A. Currently, there are 3 Strong Buy, 12 Buy, 7 Hold, 0 Sell, and 0 Strong Sell ratings. The overall consensus is BUY.

Q. Are insiders buying ELV stock recently?

A. Over the past 6 months, there have been 5 insider buys and 5 insider sells. Insider selling is more prominent recently.

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