Centene Corporation (CNC) Stock Analysis
Breakout setup
Healthcare · Healthcare Plans
Sell if holding. Engine safety override at $66.21: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: Below-average business quality.
Centene is the largest U.S. managed care company focused on underserved populations, with $194.8 billion in 2025 revenues and 27.6 million members. It is the largest Medicaid insurer (12.5M members in 30 states), largest ACA Marketplace carrier (5.5M members), and largest... Read more
Sell if holding. Engine safety override at $66.21: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 68, MACD bullish. Score 5.2/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, news boost analyst 0.60, news boost analyst cluster(3), earnings proximity 49d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-06-10Recent Developments — Centene Corporation
Latest news
- NEWS 'Centene Offers Most Staff Buyouts After Obamacare Member Losses' - Bloomberg — benzinga Jun 15, 2026 negative
- NEWS Mizuho Maintains Neutral on Centene, Raises Price Target to $63 — benzinga Jun 8, 2026 positive
- NEWS JP Morgan Maintains Neutral on Centene, Raises Price Target to $60 — benzinga Jun 8, 2026 neutral
- NEWS B of A Securities Maintains Buy on Centene, Raises Price Target to $74 — benzinga Jun 4, 2026 positive
- NEWS Morgan Stanley Maintains Equal-Weight on Centene, Raises Price Target to $57 — benzinga Jun 4, 2026 positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductMedicaid57%10-K Item 1: 'our Medicaid, Commercial, Medicare and Other segments accounted for 57%, 21%, 19% and 3%, respectively, of our total external revenues'
- MEDIUMGeographicFlorida and New York Medicaid contracts10-K Item 1: 'Our Medicaid contracts with the states of Florida and New York accounted for approximately 10% or more of our consolidated Medicaid premium revenues individually'
Material Events(8-K, last 90d)
- 2026-03-24Item 5.02LOWTheodore Pienkos appointed Corporate Controller and Chief Accounting Officer effective March 18, 2026. Previously Deputy Corporate Controller since August 2024. Base salary $440K, 60% target bonus. No predecessor departure cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
2 floor-breakers
Unprofitable operations — net margin -3.6%. Quality floor flags this regardless of sector context.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $66.21: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 5.2/10. Specifically: Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 68, MACD bullish. Prior stop was $61.81. Score 5.2/10, moderate confidence.
Take-profit target: $65.22 (-1.5% upside). Prior stop was $61.81. Stop-loss: $61.81.
Concentration risk — Product: Medicaid (57.0%); Target reached (-17.6% upside); Quality below floor (2.3 < 4.0).
Centene Corporation trades at a P/E of N/A (forward 14.6). TrendMatrix value score: 6.8/10. Verdict: Sell.
26 analysts cover CNC with a consensus score of 3.5/5. Average price target: $61.
What does Centene Corporation do?Centene is the largest U.S. managed care company focused on underserved populations, with $194.8 billion in 2025...
Centene is the largest U.S. managed care company focused on underserved populations, with $194.8 billion in 2025 revenues and 27.6 million members. It is the largest Medicaid insurer (12.5M members in 30 states), largest ACA Marketplace carrier (5.5M members), and largest stand-alone PDP provider (8.1M members).