Elevance Health
About: Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 46 million medical members as of June 2025. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs, such as Medicaid and Medicare Advantage plans, too. It is also an emerging player in pharmacy benefit management and other healthcare services.
Employees: 104,200
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
69% more call options, than puts
Call options by funds: $612M | Put options by funds: $363M
1.08% more ownership
Funds ownership: 88.1% [Q1] → 89.18% (+1.08%) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 586 | Existing positions reduced: 591
5% less funds holding
Funds holding: 1,633 [Q1] → 1,551 (-82) [Q2]
10% less capital invested
Capital invested by funds: $87B [Q1] → $78.2B (-$8.79B) [Q2]
20% less first-time investments, than exits
New positions opened: 143 | Existing positions closed: 178
26% less funds holding in top 10
Funds holding in top 10: 43 [Q1] → 32 (-11) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Wells Fargo Stephen Baxter | 6%upside $330 | Overweight Maintained | 15 Aug 2025 |
Baird Michael Ha | 5%downside $297 | Neutral Maintained | 25 Jul 2025 |
JP Morgan Lisa Gill | 23%upside $384 | Overweight Maintained | 22 Jul 2025 |
Barclays Andrew Mok | 5%upside $327 | Overweight Maintained | 22 Jul 2025 |
UBS A.J. Rice | 40%upside $435 | Buy Maintained | 18 Jul 2025 |
Financial journalist opinion
Based on 13 articles about ELV published over the past 30 days
