Elevance Health Inc (ELV · NYSE)

ELV · MARKET VIEW

Market view · as of Oct 12, 2026

Revenue (TTM)
$201.11B
+1.4% YoY
Gross margin
26.0%
EPS (latest q)
$7.45
vs $6.18 est · beat
52-wk position
91.7%
-2.9% vs 52w high · -1.4% 1mo

Price (last ~year)

Elevance Health shares rose 2.9% to $412.70, extending a 3-month gain of 11.1% and sitting 2.9% below their 52-week high, though the stock remains down 1.4% over the past month. The company has beaten earnings estimates in all four of its most recent quarters, including Q2 2026 EPS of $7.45 versus $6.18 expected, but earnings fell 13.1% year over year while revenue grew just 1.4% to a TTM of $201.11B. Quarterly results show sequential softening, with operating income declining from $2.66B in Q1 2026 to $2.06B in Q2, alongside a thin 2.5% profit margin and $31.04B in total debt. Cantor Fitzgerald maintained its Overweight rating and $450 price target despite Elevance's 2027 Medicare Stars rating declining from 54.00% to 47.00%.

Valuation

Market cap
$89.50B
P/E
18.27
PEG
1.304
P/B
1.926
P/S
0.445
Beta
0.711
Analyst target
$451.48

Quality & returns

Gross margin
26.0%
Operating margin
4.6%
Profit margin
2.5%
ROE
11.1%
ROA
3.8%

Price movement

Last
$412.70
1-month
-1.4%
3-month
+11.1%
RSI (14)
53
vs SMA200
+13.2%
52-wk position
91.7% -2.9% vs high

Quarterly trajectory

Revenue by quarter (oldest → newest)

QuarterRevenueOp incomeNet incomeEBITDA
2026-06-30$50.47B$2.06B$1.46B$2.36B
2026-03-31$50.18B$2.66B$1.76B$3.02B
2025-12-31$49.75B$581.0M$547.0M$987.0M
2025-09-30$50.71B$1.76B$1.19B$2.14B

Recent news

Sources this view read

  • fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
  • filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
  • earnings Reported earnings history (Alpha Vantage EARNINGS)
  • prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)

Other snapshots