Elevance Health, Inc. (ELV) earnings on July 15, 2026

Before the market opens Q2 2026

More Elevance Health, Inc. earnings

Prior outlook: Optimistic Outcome: Missed

Elevance Health's stock fell sharply after its earnings report. The market was disappointed with the company's outlook update, pushing the price down significantly.

ELV price around the earnings

390.33

Change: -8.5%

2026-07-15, 20:00 UTC

Start of the measured window End of the measured window
376.97 397.31 417.66 438.00 426.79
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 15, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Missed

Thesis published

Very strong positive trend strength with recent analyst upgrades into earnings; strong past beat history.

Context analyzed before publication

Trend
Score jumped from 52.7 to 87.8 — sharp positive trajectory, strong upgrade trend strength.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.82
Analysts covering the stock
21
Average price target
436.52
Lowest price target
331
Highest price target
498
Upside to price target
2.3%
Quarterly earnings growth
-19.2%
Revenue growth
2.6%
Forward EPS
29.32
Trailing EPS
23.6
Analyst moves in the last 60 days
0
  • Strong buy: 2
  • Buy: 12
  • Hold: 8
  • Sell: 0
  • Strong sell: 0
Strong buy
2
Buy
12
Hold
8
Sell
0
Strong sell
0

News and sentiment

Evidence

Sentiment
Sentiment
Neutral
Mention volume
Low
Normalized volume
33%
News
Sources (8)
  • TD Cowen Maintains Buy on Elevance Health, Raises Price Target to $465 — Benzinga
  • Truist Securities Maintains Buy on Elevance Health, Raises Price Target to $475 — Benzinga
  • Wells Fargo Maintains Overweight on Elevance Health, Raises Price Target to $492 — Benzinga
  • RBC Capital Maintains Sector Perform on Elevance Health, Raises Price Target to $439 — Benzinga
  • Cantor Fitzgerald Maintains Overweight on Elevance Health, Raises Price Target to $450 — Benzinga
  • Insurer Elevance Seeks Recalculated Medicare Star Rating in Lawsuit — Benzinga
  • CNSide Diagnostics Strikes Deal With Elevance Health To Offer CNSide Cerebrospinal Fluid Tumor Cell Enumeration Assay, Effective May 1, 2026 — Benzinga
  • Elevance Health Invests $640M In Affordable Housing Over The Past Five Years, Building On More Than $1B Invested Over Nearly Two Decades — Benzinga

Technicals

Evidence

Average true range (ATR)
2.5%
Distance to 52-week high
+0.0%
14-day change (14d)
+8.9%
30-day change (30d)
+9.3%
30-day relative strength
+9.3%
Benchmark change (0d)
+0.0%
Nearest support
428.9
Nearest resistance
431.8
Volume accumulation ratio (14d / 46d)
0.93

Trends

Evidence

Average earnings surprise
+11.3%
  • April 22, 2026: actual EPS 12.58 vs estimate 10.81 (surprise +16.4%)
  • January 28, 2026: actual EPS 3.33 vs estimate 3.09 (surprise +7.7%)
  • October 21, 2025: actual EPS 6.03 vs estimate 4.94 (surprise +22.0%)
  • July 17, 2025: actual EPS 8.84 vs estimate 8.92 (surprise -0.9%)

Expected move

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
3.2%
75th percentile move
5.9%
90th percentile move
8.3%
Up / down moves
12 / 7
Average up move
+2.9%
Average down move
-6.4%

Monitoring and close

What Elevance Health, Inc. reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Missed
Consolidated
-8.5%
Max favorable move (MFE)
2.6%
Max adverse move (MAE)
11.9%