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Added to YB: 2025-07-25

Pitch date: 2025-07-23

CNC [bullish]

Centene Corporation

-5.38%

current return

Author Info

@ArmsGarrett is a a research analyst and portfolio manager whoe stock pitches on Twitter. Follow on Twitter

Company Info

Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Market Cap

$13.9B

Pitch Price

$28.61

Price Target

55.00 (+103%)

Dividend

N/A

Sector

Health Care Providers and Services

Category

turnaround

Show full summary:
Long: Centene - $CNC

CNC: Long at $28 (13.7B mkt cap). Medicaid/ACA leader at historic valuation low. $1.8B ACA risk adjustment hit ($2.75 EPS impact) + rising MLRs from mispriced plans, but transitory. ACA repricing for 2026 already showing 20%+ increases. Medicaid MLR reset adds $1.60-2.00 EPS. 2027 EPS $6+ at 4.4x current price. PT $55 (9x 2027 EPS), 100% upside.

Read full article (3 min)