Cigna Corporation (CI)
NYSE: CI · IEX Real-Time Price · USD
344.62
+13.62 (4.11%)
At close: May 31, 2024, 4:00 PM
344.00
-0.62 (-0.18%)
After-hours: May 31, 2024, 7:56 PM EDT
Cigna Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Cigna stock have an average target of 377, with a low estimate of 330 and a high estimate of 435. The average target predicts an increase of 9.40% from the current stock price of 344.62.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Cigna stock from 19 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 7 | 7 | 7 |
| Buy | 3 | 4 | 6 | 9 | 9 | 10 |
| Hold | 7 | 6 | 4 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 17 | 18 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $432 → $435 | Buy | Maintains | $432 → $435 | +26.23% | May 30, 2024 |
| Baird | Baird | Buy Initiates $388 | Buy | Initiates | $388 | +12.59% | May 30, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $384 → $400 | Buy | Maintains | $384 → $400 | +16.07% | May 3, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $370 → $400 | Buy | Maintains | $370 → $400 | +16.07% | May 3, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $384 | Buy | Reiterates | $384 | +11.43% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
242.56B
from 195.27B
Increased by 24.22%
Revenue Next Year
253.98B
from 242.56B
Increased by 4.71%
EPS This Year
29.38
from 17.39
Increased by 68.93%
EPS Next Year
33.06
from 29.38
Increased by 12.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 250.4B | 267.3B | 403.6B | 315.2B | 349.9B |
| Avg | 242.6B | 254.0B | 279.3B | 286.9B | 316.6B |
| Low | 227.9B | 232.5B | 247.4B | 260.8B | 275.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.2% | 10.2% | 58.9% | 12.8% | 22.0% |
| Avg | 24.2% | 4.7% | 10.0% | 2.7% | 10.4% |
| Low | 16.7% | -4.1% | -2.6% | -6.6% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.19 | 34.56 | 40.77 | 42.85 | 47.29 |
| Avg | 29.38 | 33.06 | 37.03 | 41.18 | 45.31 |
| Low | 27.78 | 30.68 | 34.23 | 37.89 | 42.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 73.6% | 17.6% | 23.3% | 15.7% | 14.8% |
| Avg | 68.9% | 12.5% | 12.0% | 11.2% | 10.0% |
| Low | 59.8% | 4.4% | 3.5% | 2.3% | 2.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.