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CVS

SP100NYSE

CVS Health Corporation

Healthcare · Healthcare Plans · United States

$104.72
-0.09% today
Mkt Cap
$133.62B
P/E
45.93×
Fwd P/E
12.49×
Div Yield
2.54%
Beta
0.598×
52W Range
97.0%
Company profileSource: provider

CVS Health Corporation provides health solutions in the United States. The Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services, including medical, pharmacy, dental, and behavioral health plans; medical management capabilities; Medicare Advantage and Medicare Supplement plans; prescription drug plans (PDPs); and Medicaid health care management services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. The Health Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, specialty and mail-order pharmacy, clinical services, disease management, medical spend management services, and pharmacy and other administrative services. It serves employers, insurance companies, unions, government employee groups, health plans, PDPs, Medicaid managed care plans, CMS, plans offered on public health insurance exchanges, and other sponsors of health benefit plans. The Pharmacy & Consumer Wellness segment sells prescription and over-the-counter drugs, consumer health and beauty products, personal care products, and other general merchandise products. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. It operates online retail pharmacy websites, retail specialty pharmacy stores, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island.

www.cvshealth.com
By the numbersComputed from live metrics

Shares trade at a premium 45.9× trailing earnings, easing to 12.5× on forward estimates. Profitability shows a net margin of 0.7% and return on equity of 3.8%. Leverage is high at 4.3× net debt/EBITDA. Revenue grew 6.1% year-on-year. It yields 2.5% in dividends. The mean analyst target of USD105.69 sits 0.9% above the current price (Strong Buy, 26 analysts).

AI analysisAI-generated · 04 Jul 2026 · claude-opus (research)

business model

CVS Health is a diversified healthcare company combining a large retail pharmacy chain, a pharmacy benefit manager (Caremark), and a health insurer (Aetna), aiming to integrate care delivery, insurance, and pharmacy. It earns revenue from prescription and front-store retail sales, PBM services, insurance premiums, and increasingly health-services delivery.

revenue segments

Revenue is reported across Health Care Benefits (Aetna insurance premiums), Pharmacy & Consumer Wellness (retail pharmacies and front-store), Health Services (Caremark PBM plus care-delivery assets such as Oak Street Health and Signify Health), with significant intercompany eliminations.

key dependencies

The company depends on prescription volumes and reimbursement rates, PBM client retention and drug-pricing dynamics, Aetna medical-cost trends and Medicare Advantage star ratings/enrollment, retail foot traffic, and execution of its vertically integrated care strategy.

competitors

Competitors include UnitedHealth Group (Optum PBM/insurance) and Cigna (Express Scripts) in PBM and insurance, Walgreens and grocery/mass pharmacies in retail, Humana and Elevance in health insurance, and Amazon Pharmacy in prescription fulfillment.

moat

CVS's moat comes from vertical integration across insurance, PBM, and pharmacy that captures margin along the healthcare value chain, enormous prescription-volume scale, a dense retail/pharmacy footprint, and Caremark's negotiating leverage.

risks

Risks include rising medical costs and Medicare Advantage pressures at Aetna, reimbursement and drug-pricing reform, PBM regulatory and political scrutiny over transparency, retail-pharmacy margin pressure and store closures, and integration risk from healthcare acquisitions.

01

Financials & metrics

as of 04 Jul 2026
Valuation
Profitability
Growth
Financial Health
Efficiency
Cash Flow
Per Share
Dividend
Market

Tap any metric for an explanation. provider computedN/A not available from source

02

Dividends

This company does not currently pay a dividend.

03

Analyst assessment

as of 04 Jul 2026
Strong Buy26 analysts
Implied to mean target
+0.9%
Low $79.00High $148.00
Now
$104.72
Low
$79.00
Mean
$105.69
High
$148.00
Rating distribution
Strong Buy 6
Buy 18
Hold 4
Sell 0
Strong Sell 0

Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.

04

Technicals

as of 02 Jul 2026
CloseSMA 50SMA 200Golden cross
SMA 50
$93.41
SMA 200
$81.57
RSI (14)
64.9
MACD
3.30
RSI (14) · overbought > 70 · oversold < 30
05

News

Can Elevance Recover $115 Million Through Its CMS Lawsuit?
ELV seeks to recover an estimated $115 million through a CMS lawsuit over Medicare Advantage Star Ratings and disputed bonus payments.
Zacks · 19h ago
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Vltava Fund Sold Cenovus Energy (CVS) Following a Strong Performance
Vltava Fund, a value-focused investment management company, published its investor letter for the second quarter of 2026. A copy of the letter can be downloaded here. The letter explores the growing role of AI and how certain facets of human intelligence may become less valuable economically, while other skills become more important. The author emphasizes […]
Insider Monkey · 19h ago
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Top 5 Non-AI S&P 500 Stock Picks for 2H 2026 That Have Surged in 1H
ADM, CASY, DVA, CVS and BEN top a list of five non-AI S&P 500 stocks that surged more than 30% in 1H 2026 and still show momentum for 2H.
Zacks · 21h ago
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The Unpopular Move That Telegraphed the Elevance Health Stock Surge
While Wall Street fixated on a gloomy forecast, the company was making a painful but telling choice that hinted at the turnaround to come.
Trefis · 21h ago
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Cigna Brings AI to Specialty Pharmacy With Pharmacy Forward
Cigna's Evernorth launched AI-powered Pharmacy Forward to speed up specialty prescriptions, cut delays and boost efficiency with a $100M investment.
Zacks · 2d ago
Read ↗
CVS Health (CVS) Stock Looks Fully Valued With Strong Returns And Rich Earnings
CVS Health stock has put in a strong three year run, yet the current valuation checks lean toward the shares looking expensive rather than like an obvious bargain. CVS Health has returned 69.2% over the past three years, which puts extra focus on whether the recent share price strength is now running ahead of fundamentals. The expansion of CVS Health's GLP-1 program and Medicare-related offerings can support expectations for future business volume. At the same time, regulatory probes and...
Simply Wall St. · 2d ago
Read ↗
How Investors Are Reacting To CVS Health (CVS) Earnings Optimism Amid New PBM Scrutiny and Care Initiatives
In recent days, coverage on CVS Health has highlighted its role in America250 celebrations, expanding menopause and preventive care initiatives, and supporting Medicare obesity drug access, alongside fresh regulatory scrutiny of its Caremark pharmacy benefit manager operations. At the same time, analysts are pointing to CVS Health’s pattern of outperforming earnings estimates as a potential driver of heightened optimism around its upcoming results and near-term business performance. We’ll...
Simply Wall St. · 2d ago
Read ↗
CVS Health (CVS) Takes A Leading Role In America250 Community Health Events
CVS Health (NYSE:CVS) is partnering with America250 to support community events tied to the United States’ 250th anniversary celebrations. The company plans to help lead community engagement at block parties and public celebrations across major cities. CVS Health intends to use its workforce and local footprint to provide health screenings and volunteer support during these events. CVS Health, with its shares recently trading at $104.81, is adding a fresh public health angle to the...
Simply Wall St. · 2d ago
Read ↗
Will CVS Health (CVS) Beat Estimates Again in Its Next Earnings Report?
CVS Health (CVS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Zacks · 3d ago
Read ↗
Court dismisses PBMs’ lawsuit against FTC following insulin settlements
Express Scripts, Caremark and Optum Rx sued the FTC after the agency accused them of driving up the cost of insulin. But the countersuit is being put to bed now that the PBMs are settling with regulators.
Healthcare Dive · 3d ago
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