Centene Stock: Is Wall Street Bullish or Bearish?

Centene Corporation (CNC), headquartered in Saint Louis, Missouri, operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations. Valued at $12.7 billion by market cap, the company’s specialty services include Medicaid and medicare health plans, treatment compliance, and nurse triage.

Shares of this largest Medicaid managed care organization have significantly underperformed the broader market over the past year. CNC has declined 66.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21.5%. In 2025, CNC stock is down 57.3%, compared to the SPX’s 7.1% gains on a YTD basis.