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With a market cap of $71.3 billion, Elevance Health, Inc. (ELV) is an Indiana-based managed healthcare and insurance provider. Through brands like Anthem Blue Cross and Blue Shield, Carelon, and Wellpoint, the company offers a wide range of services including medical, behavioral health, pharmacy benefit management, dental, and long-term care.
Shares of ELV have fallen behind the broader market. ELV stock has declined 41.7% over the past 52 weeks and has dipped 14.2% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has returned 16.1% over the past year and declined 10% in 2025.