Evolent Health Stock Target Price and Analyst Consensus

EVH Stock  USD 11.25  0.34  2.93%   
The current analyst and expert consensus on Evolent Health is Strong Buy, with 10 strong buy opinions. The current projected Evolent Health target price consensus is 46.78 with 16 analyst opinions. Check out Macroaxis Advice on Evolent Health to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Evolent Stock please use our How to Invest in Evolent Health guide.
The most common way Evolent Health analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Evolent Health executives and customers to further validate their buy or sell advice. Evolent Health buy-or-sell recommendation module provides average expert sentiment on the projected Evolent Health target price to derive its highest and lowest estimates based on projected price volatility of 6.5471.
Lowest Forecast
42.57
Highest Forecast
51.93
Target Price
46.78
The Evolent Health's current Gross Profit is estimated to increase to about 483.5 M, while Pretax Profit Margin is forecasted to increase to (0.1). As of now, Evolent Health's Net Debt is increasing as compared to previous years. The Evolent Health's current Accounts Payable is estimated to increase to about 48.9 M, while Total Stockholder Equity is projected to decrease to under 706.1 M.
  
It's important to approach Evolent Health's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Evolent Health price targets

Evolent Health's stock target price is an estimate of its future price, usually made by analysts. Using Evolent Health's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Evolent Health's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Evolent Health's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Evolent Health Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Evolent Health is a key component of Evolent Health valuation and have some predictive power on the future returns of a Evolent Health.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Evolent Health's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
3.7210.2716.82
Details
Intrinsic
Valuation
LowRealHigh
10.4319.9226.47
Details
Naive
Forecast
LowNextHigh
2.318.8515.40
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.110.180.22
Details

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When determining whether Evolent Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evolent Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evolent Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evolent Health Stock:
Check out Macroaxis Advice on Evolent Health to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Evolent Stock please use our How to Invest in Evolent Health guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.