Centene Corporation (NYSE:CNC) on Tuesday reported better-than-expected third-quarter earnings.

The company posted adjusted earnings of 58 cents, beating the consensus of 10 cents per share. Centene’s sales reached $50.647 billion, exceeding the consensus estimate of $47.114 billion.

"Solid underlying fundamentals within our core businesses have powered a faster recovery to our earnings trajectory than previously anticipated," said Centene CEO Sarah London.

Centene expects fiscal 2026 adjusted earnings of more than $5.20 per share versus Wall Street consensus of $4.88. The company raised its 2026 sales guidance from $193.50 billion-$197.50 billion to $196.50 billion-$200.50 billion versus analyst estimate of $196.334 billion.

Centene shares fell 0.4% to $68.46 in pre-market trading.

These analysts made changes to their price targets on Centene following earnings announcement.

• B of A Securities analyst Kevin Fischbeck maintained the stock with a Buy and raised the price target from $80 to $82.
• Cantor Fitzgerald analyst Sarah James maintained the stock with an Overweight rating and raised the price target from $75 to $79.
• Baird analyst Michael Ha maintained the stock with a Neutral and raised the price target from $66 to $71.

Considering buying CNC stock? Here’s what analysts think:

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