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Centene (CNC, Health insurers) Stock Valuation & Fair Value Mixed on our tests

Centene (CNC, Health insurers) trades at a current P/E of 15.5, about 10% below its historical normal valuation, with a forward growth estimate of 21.0% and a PEG of 0.74. Analysts' one-year estimates have been hit 64% of the time. Priced at its historical normal P/E of 17.2 on the same blended earnings, the 2026-10-09 close of $65.36 corresponds to about $72.60 a share. This is a valuation reference, not a price target.

No quality score is published for this company, which is normal for insurers, banks and REITs. This rating reflects valuation and forecast return, and for the top ratings, credit rating, growth and analyst accuracy.

Current P/E
15.5
Normal P/E
17.2
PEG
0.74
Fwd growth
21.0%
Div yield
0.0%
RSI (14)
59.6
Neutral
Technical context
  • Price $67.02 at the 2026-10-12 close, 4.6% above the 20-day average ($64.08) and 3.1% above the 50-day ($65.00).
  • RSI (14) at 59.6.
  • 52-week range $31.80 to $69.41: the price is 3.4% below the high and 110.8% above the low.

The Street vs SeerForecast

Wall Street's mean price target for CNC is $71.78 across 18 analysts, 7.1% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating moved from trading above its usual valuation (2026-06-03) to mixed on our tests (2026-10-12).

Current P/E and rating by weekCurrent P/E moved from 22.3 to 15.5 between 2026-06-03 and 2026-10-09, against a normal P/E of 17.2, with 3 rating changes over 39 recorded weeks.2026-06-03: P/E 22.3, Trading above its usual valuation, recalculated for the week of 2026-06-032026-06-10: P/E 23.4, Trading above its usual valuation, recalculated for the week of 2026-06-102026-06-12: P/E 23.4, Trading above its usual valuation, recalculated for the week of 2026-06-142026-06-16: P/E 23.4, Trading above its usual valuation, recalculated for the week of 2026-06-162026-06-18: P/E 23.4, Trading above its usual valuation, recalculated for the week of 2026-06-212026-07-02: P/E 24.7, Significantly overvalued, recalculated for the week of 2026-07-022026-07-06: P/E 24.5, Significantly overvalued, recalculated for the week of 2026-07-062026-07-09: P/E 24.5, Significantly overvalued, recalculated for the week of 2026-07-092026-07-10: P/E 24.0, Significantly overvalued, recalculated for the week of 2026-07-122026-07-13: P/E 24.0, Significantly overvalued, recalculated for the week of 2026-07-132026-07-14: P/E 24.0, Significantly overvalued, recalculated for the week of 2026-07-142026-07-20: P/E 23.5, Trading above its usual valuation, recalculated for the week of 2026-07-202026-07-22: P/E 23.5, Trading above its usual valuation, recalculated for the week of 2026-07-222026-07-24: P/E 22.2, Trading above its usual valuation, recalculated for the week of 2026-07-252026-07-27: P/E 22.2, Trading above its usual valuation, recalculated for the week of 2026-07-272026-07-31: P/E 16.6, Mixed on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 16.9, Mixed on our tests, recorded live 2026-08-032026-08-07: P/E 17.2, Mixed on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 17.6, Mixed on our tests, recorded live 2026-08-102026-08-14: P/E 17.4, Mixed on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 17.8, Mixed on our tests, recorded live 2026-08-172026-08-21: P/E 16.7, Mixed on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 16.9, Mixed on our tests, recorded live 2026-08-242026-08-27: P/E 16.9, Mixed on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 16.8, Mixed on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 16.6, Mixed on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 16.6, Mixed on our tests, recorded live 2026-08-312026-09-04: P/E 16.9, Mixed on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 16.9, Mixed on our tests, recorded live 2026-09-072026-09-11: P/E 16.5, Mixed on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 16.5, Mixed on our tests, recorded live 2026-09-142026-09-18: P/E 16.0, Mixed on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 16.0, Mixed on our tests, recorded live 2026-09-212026-09-25: P/E 15.0, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 15.0, Mixed on our tests, recorded live 2026-09-282026-10-02: P/E 15.1, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 15.1, Mixed on our tests, recorded live 2026-10-052026-10-09: P/E 15.5, Mixed on our tests, recalculated for the week of 2026-10-102026-10-09: P/E 15.5, Mixed on our tests, recorded live 2026-10-1215.017.520.022.5Jun 3Jul 5Aug 6Sep 7Oct 9Normal P/E 17.2
Mixed on our testsTrading above its usual valuationSignificantly overvaluedLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-06-03P/E 22.3+30%Trading above its usual valuation (recalculated)
2026-07-02P/E 24.7+44%Significantly overvalued (recalculated)
2026-07-20P/E 23.5+37%Trading above its usual valuation (recalculated)
2026-07-31P/E 16.6-3%Mixed on our tests (recalculated)
2026-09-26P/E 15.0-13%Mixed on our tests (recalculated)
2026-10-12P/E 15.5-10%Mixed on our tests ← now
Show all 39 weeks
WeekCurrent P/EPremium to normal P/ERating
2026-06-03P/E 22.3+30%Trading above its usual valuation (recalculated)
2026-06-10P/E 23.4+36%Trading above its usual valuation (recalculated)
2026-06-14P/E 23.4+36%Trading above its usual valuation (recalculated)
2026-06-16P/E 23.4+36%Trading above its usual valuation (recalculated)
2026-06-21P/E 23.4+36%Trading above its usual valuation (recalculated)
2026-07-02P/E 24.7+44%Significantly overvalued (recalculated)
2026-07-06P/E 24.5+43%Significantly overvalued (recalculated)
2026-07-09P/E 24.5+43%Significantly overvalued (recalculated)
2026-07-12P/E 24.0+40%Significantly overvalued (recalculated)
2026-07-13P/E 24.0+40%Significantly overvalued (recalculated)
2026-07-14P/E 24.0+40%Significantly overvalued (recalculated)
2026-07-20P/E 23.5+37%Trading above its usual valuation (recalculated)
2026-07-22P/E 23.5+37%Trading above its usual valuation (recalculated)
2026-07-25P/E 22.2+29%Trading above its usual valuation (recalculated)
2026-07-27P/E 22.2+29%Trading above its usual valuation (recalculated)
2026-07-31P/E 16.6-3%Mixed on our tests (recalculated)
2026-08-03P/E 16.9-1%Mixed on our tests
2026-08-07P/E 17.2+0%Mixed on our tests (recalculated)
2026-08-10P/E 17.6+2%Mixed on our tests
2026-08-14P/E 17.4+1%Mixed on our tests (recalculated)
2026-08-17P/E 17.8+3%Mixed on our tests
2026-08-21P/E 16.7-3%Mixed on our tests (recalculated)
2026-08-24P/E 16.9-2%Mixed on our tests
2026-08-27P/E 16.9-2%Mixed on our tests (recalculated)
2026-08-28P/E 16.8-2%Mixed on our tests (recalculated)
2026-08-30P/E 16.6-3%Mixed on our tests (recalculated)
2026-08-31P/E 16.6-3%Mixed on our tests
2026-09-05P/E 16.9-1%Mixed on our tests (recalculated)
2026-09-07P/E 16.9-1%Mixed on our tests
2026-09-12P/E 16.5-4%Mixed on our tests (recalculated)
2026-09-14P/E 16.5-4%Mixed on our tests
2026-09-19P/E 16.0-7%Mixed on our tests (recalculated)
2026-09-21P/E 16.0-7%Mixed on our tests
2026-09-26P/E 15.0-13%Mixed on our tests (recalculated)
2026-09-28P/E 15.0-13%Mixed on our tests
2026-10-03P/E 15.1-12%Mixed on our tests (recalculated)
2026-10-05P/E 15.1-12%Mixed on our tests
2026-10-10P/E 15.5-10%Mixed on our tests (recalculated)
2026-10-12P/E 15.5-10%Mixed on our tests ← now

Frequently asked questions

Is Centene stock overvalued?

At a current P/E of 15.5 versus its historical normal P/E of 17.2, Centene trades about 10% below its typical valuation, with a PEG of 0.74 on 21.0% forward growth. tickerseer currently rates it mixed on our tests.

What is Centene's fair value and PEG?

Centene trades at a current P/E of 15.5 against a historical normal P/E of 17.2, a PEG of 0.74, and a forward growth estimate of 21.0%. Priced at its historical normal P/E of 17.2 on the same blended earnings, the 2026-10-09 close of $65.36 corresponds to about $72.60 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Centene changed?

tickerseer's rating moved from trading above its usual valuation (2026-06-03) to mixed on our tests (2026-10-12).

What is the analyst price target for Centene?

The mean Wall Street price target for Centene is $71.78 across 18 analysts, 7.1% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Health insurers. Create a free account to see the full analysis: the SeerAI score, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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