Evolent Health Inc

Evolent Health Inc (EVH) Stock Analysis

$4.570

-0.282 (-6.16%)At close

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High
4.950
Open
4.890
VWAP
4.69
Volume
2.08M
Mkt Cap
2.30B
Low
4.550
Amount
9.75M
EV/EBITDA, TTM
20.50

Evolent Health, Inc. is a health care company connecting care for people with complex conditions like cancer, cardiovascular disease, and musculoskeletal diagnoses. The Company offers primary solutions, including specialty care management services and administrative services. It provides comprehensive quality management for oncology and cardiology patients from diagnosis through advanced care planning services, as well as identifying quality, lowest cost of care for outpatient orthopedic surgeries. Its administrative services solution includes an integrated value-based care platform designed to help customers manage and administer patient health in a cost-effective manner.

AI analysis of Evolent Health Inc (EVH)

Buy

Evolent Health Inc is a good buy right now due to its current price of $4.57, which is significantly below the average analyst price target of $6.5, indicating a potential upside of approximately 42%. Additionally, the stock has shown a strong momentum with a 5-day change of +13.12% and a 20-day change of +23.85%. However, investors should be cautious of the company's high net debt-to-EBITDA ratio of 7x, which poses a risk if market conditions worsen.

Analyst Ratings (13)

+104.16% upside
Buy
13 Buy
0 Hold
0 Sell
Current: 4.57
Low
5.00
Average
9.33
High
16.00

Citi

2026-08-10

Price Target

$6

Buy

Canaccord

2026-08-10

Price Target

$6

Buy

TD Cowen

2026-07-28

Price Target

$5

Buy

Citi

2026-07-23

Price Target

—

Neutral

Canaccord

2026-07-21

Price Target

$7

Buy

Valuation Metrics

The current forward P/E ratio for Evolent Health Inc (EVH) is 8.62, compared to its 5-year average forward P/E of 73.10.

Forward P/E

Fair
5Y Average P/E
73.10
Current P/E
8.62
Overvalued
256.11
Undervalued
-109.91

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
-3973.07
Current EV/EBITDA
20.50
Overvalued
24956.86
Undervalued
-32902.99

Forward P/S

Undervalued
5Y Average P/S
1.12
Current P/S
0.17
Overvalued
1.85
Undervalued
0.40

Alphio AI Price Scenarios for EVH

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%EVH

$10.23

Scenario price

B

Base

Base · 50%EVH

$8.49

Scenario price

B

Bear

Bear · 25%EVH

$7.28

Scenario price

Whales holding EVH

R

Rock Springs Capital Management LP

+ HoldingEVH

-12.27%

3M Return

Events Timeline

2026-08-06 (ET)

08:00:00

Evolent Reports Q2 Revenue of $652.52M, Beating Consensus

08:00:00

2026 Revenue Consensus at $2.5B, Adjusted EBITDA Guidance Tightened to $120M-$135M

2026-05-07 (ET)

07:30:00

Evolent Q1 Revenue at $496.25M, Below Consensus

2026-03-19 (ET)

09:00:00

Evolent Health Appoints Archie Mayani as Chief Product Officer

2026-03-02 (ET)

07:40:00

Oppenheimer Lowers Evolent Health Price Target to $6

News

EVH FAQ — answered by Alphio AI

Evolent Health, Inc. is a health care company connecting care for people with complex conditions like cancer, cardiovascular disease, and musculoskeletal diagnoses. The Company offers primary solutions, including specialty care management services and administrative services. It provides comprehensive quality management for oncology and cardiology patients from diagnosis through advanced care planning services, as well as identifying quality, lowest cost of care for outpatient orthopedic surgeries. Its administrative services solution includes an integrated value-based care platform designed to help customers manage and administer patient health in a cost-effective manner. It operates in the Healthcare sector (SERVICES-MANAGEMENT SERVICES industry).

Evolent Health Inc is a good buy right now due to its current price of $4.57, which is significantly below the average analyst price target of $6.5, indicating a potential upside of approximately 42%. Additionally, the stock has shown a strong momentum with a 5-day change of +13.12% and a 20-day change of +23.85%. However, investors should be cautious of the company's high net debt-to-EBITDA ratio of 7x, which poses a risk if market conditions worsen.

13 analysts cover EVH: 13 rate it Buy, 0 Hold and 0 Sell. The average price target is 9.33.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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