Centene

CNC

Market cap $19.3B

Centene's stock is poised to gain if ACA subsidies are extended in December. The company's fortunes are closely tied to Medicare, Medicaid, and the ACA.

Centene (CNC) reported earnings 30 days ago. What's next for the stock?

The Wasatch Global Value Fund - Investor Class gained 6.36% in the third quarter of 2025, outperforming the MSCI All Country World Value Index, which added 6.13%. Leading contributors to the Fund's performance included Chinese e-commerce giant Alibaba Group. Leading detractors from Fund performance for the quarter included Centene Corp.

Statewide Effort Aims to Deliver Immediate Relief and Long-Term Solutions for Families in Need SACRAMENTO, Calif. , Nov. 26, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans and a company of Centene Corporation (NYSE: CNC), today announced multiple investments in 2025 aimed at tackling rising food insecurity across the state.

Coordinated Care has provided over 18 million meals statewide, including medically tailored meals, in addition to the member program Coordinated Care Harvest Bucks TACOMA, Wash. , Nov. 25, 2025 /PRNewswire/ -- Coordinated Care, a Washington managed care organization and wholly owned subsidiary of Centene Corporation (NYSE: CNC), has achieved a milestone of providing over 18 million meals across Washington since 2020, as part of their strategy to address food insecurity.

CNC remains a Great Buy, thanks to its promising multi-year margin recovery prospects arising from the drastically raised premiums by the mid 30%s. While the management already expects to see "some degree of membership attrition," I am of the opinion that this is an inevitable (and temporary) pain for its future margin recovery. The raised FY2025 guidance and the bottoming in its FQ3'25 HBR imply the worst may be behind us, with FY2026 likely to bring forth improved numbers.

ACA subsidies would get a two-year reprieve, but the details need ironing out.

Shares of several major health insurers surged Monday following reports President Donald Trump could be set to unveil a healthcare proposal that would extend Affordable Care Act subsidies.

Health insurance company stocks jumped Monday on news the Donald Trump White House and Republicans in Congress will float an extension of tax credits for those with low and moderate incomes so they can afford individual coverage under the Affordable Care Act.

Politico reports the Trump Administration may extend Obamacare subsidies by two years. Centene depends heavily on ACA policies to grow its business.