Centene Corporation's stock surged over 13% following its robust Q1 2026 earnings report, revealing a revenue of $49.94 billion and adjusted earnings per share of $3.37, both exceeding analyst expectations. The positive momentum was further fueled by Bank of America's double upgrade, increasing Centene's price target to $60. Additionally, the firm improved its full-year revenue forecast to approximately $189.5 billion, reflecting strong performance in its Medicaid segment despite ongoing challenges in the marketplace.
“Centene · closed up more than · +13% · after reporting Q1 revenue of $49.94 billion”
“Centene · closed up more than · +13% · true”
“Centene · is up more than · +7%”
“Centene Corp · is up · value · more than +6%”
“Centene Corp's reported Q1 revenue · is · value · $49.94 billion”
“Centene · is up · percentage · +6%”
“US Stock Movers · closed up · more than +4% · Centene (CNC)”
“Centene · closed · up · more than +4%”
“Centene · closed up · more than +13%”
“Centene · is up · percentage · +7%”
“Centene (CNC) · is up · more than +6% · true”
“Centene · is up · percentage · +7%”
