Evolent Health Inc. (EVH)
NYSE:EVH
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EVH Stock Chart & Stats
$2.84
<$0.01(0.08%)
At close: 4:00 PM EST
$2.84
<$0.01(0.08%)
Day’s Range― - ―
52-Week Range$2.10 - $12.07
Previous CloseN/A
Volume268.11K
Average Volume (3M)2.66M
Market Cap
$445.43M
Enterprise Value$1.26B
Total Cash (Recent Filing)$166.00M
Total Debt (Recent Filing)$985.42M
Price to Earnings (P/E)―
Beta0.53
Next Earnings
Aug 05, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.68
Shares Outstanding112,481,064
10 Day Avg. Volume2,381,343
30 Day Avg. Volume2,657,824
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.10
Price to Sales (P/S)0.24
P/FCF Ratio96.07
Enterprise Value/Market Cap2.84
Enterprise Value/Revenue0.67
Enterprise Value/Gross Profit4.73
Enterprise Value/Ebitda12.33
Forecast
1Y Price Target
$5.50Price Target Upside93.66% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)0.17
Revenue Forecast (FY)$2.49B
Bulls Say, Bears Say
Bulls Say
Platform & Large Contract WinsLarge, multi-year Performance Suite contracts materially expand covered lives and recurring service revenue. Such wins validate the platform, drive scale economics, and create durable cross-sell and retention opportunities as go-lives progress into recurring revenue streams.
Recurring, Per-member Business ModelA per-member, services-plus-software model creates predictable, recurring revenue tied to covered lives. Bundling tech with operations increases switching costs and supports scalable gross revenue as clients expand programs, underpinning long-term revenue durability.
AI And Automation Driving EfficiencyEmbedded AI/automation can structurally lower servicing costs and improve throughput, supporting sustainable margin improvement as volume scales. Durable automation advantages reduce marginal cost of growth and bolster competitive differentiation in care management.
Bears Say
Weak Profitability And Low MarginsPersistently low gross margins and large net losses indicate weak unit economics and limited current pricing power. Until margins recover, the company will struggle to generate sustainable earnings to reinvest, impairing long-term returns and financial resilience.
Thin, Volatile Free Cash FlowFree cash flow near zero and steep deterioration reduce internal funding for growth, reserves, or deleveraging. Historical volatility in cash conversion undermines planning certainty and increases reliance on external financing when execution or claims timing shifts occur.
High Net Leverage And Interest BurdenElevated net debt combined with modest forecasted operating cash flow after substantial cash interest implies prolonged deleveraging and limited financial flexibility. Interest costs will absorb a large portion of cash generation, constraining investment and increasing refinancing sensitivity.
Evolent Health News
EVH FAQ
What was Evolent Health Inc.’s price range in the past 12 months?
Evolent Health Inc. lowest stock price was $2.10 and its highest was $12.06 in the past 12 months.
What is Evolent Health Inc.’s market cap?
Evolent Health Inc.’s market cap is $445.43M.
When is Evolent Health Inc.’s upcoming earnings report date?
Evolent Health Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 62 days.
How were Evolent Health Inc.’s earnings last quarter?
Evolent Health Inc. released its earnings results on May 07, 2026. The company reported -$0.02 earnings per share for the quarter, beating the consensus estimate of -$0.049 by $0.029.
Is Evolent Health Inc. overvalued?
According to Wall Street analysts Evolent Health Inc.’s price is currently Undervalued.
Does Evolent Health Inc. pay dividends?
Evolent Health Inc. does not currently pay dividends.
What is Evolent Health Inc.’s EPS estimate?
Evolent Health Inc.’s EPS estimate is -0.01.
How many shares outstanding does Evolent Health Inc. have?
Evolent Health Inc. has 112,481,064 shares outstanding.
What happened to Evolent Health Inc.’s price movement after its last earnings report?
Evolent Health Inc. reported an EPS of -$0.02 in its last earnings report, beating expectations of -$0.049. Following the earnings report the stock price went up 11.488%.
Which hedge fund is a major shareholder of Evolent Health Inc.?
Currently, no hedge funds are holding shares in EVH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Evolent Health Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$5.50 (93.66% Upside)
$5.50 (93.66% Upside)
Blogger Sentiment
Neutral
EVH Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 86.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 5.8%
Last 30 Days ▼ 5.8%
News Sentiment
Very Bearish
Bullish news 19%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-47.68%
12-Months-Change
Fundamentals
Return on Equity
-77.89%
Trailing 12-Months
Asset Growth
-29.19%
Trailing 12-Months
Company Description
Evolent Health Inc.
Evolent Health, Inc., a healthcare company, through its subsidiary, Evolent Health LLC, provides clinical and administrative solutions to payers and providers in the United States. It operates in two segments, Evolent Health Services and Clinical Solutions. The Evolent Health Services segment provides an integrated administrative and clinical platform for health plan administration and population health management. It offers financial and administrative management services, such as health plan services, risk management, analytics and reporting, and leadership and management; and Identifi, a proprietary technology system that aggregates and analyzes data, manages care workflows, and engages patients, population health performance that delivers patient-centric cost-effective care. The Clinical Solutions segment offers specialty care management services support a range of specialty care delivery stakeholders during their transition from fee-for-service to value-based care, independent of their stage of maturation and specific market dynamics in oncology and cardiology; and holistic total cost of care improvement. The company was founded in 2011 and is headquartered in Arlington, Virginia.
EVH Company Deck
EVH Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a generally constructive operational picture: solid sequential revenue growth (ex-ECP), strong Performance Suite momentum with marquee client launches and two large new contracts, MER improvement, and continued AI automation progress. Counterbalancing these positives are meaningful near-term headwinds tied to exchange membership declines, temporary servicing and reserve-related cost pressures, a notable sequential decline in Specialty Tech & Services revenue, and elevated net leverage. Management reiterated full-year guidance and outlined expectations for MER peaking in Q3 with improving EBITDA cadence thereafter, signaling confidence in execution while acknowledging near-term uncertainty tied to exchange disenrollment and launch reserves.View all EVH earnings summariesEVH Stock 12 Month Forecast
Average Price Target
$5.50
▲(93.66% Upside)
Technical Analysis
Ownership Overview
2.11% Insiders
14.97% Mutual Funds
35.69% Other Institutional Investors
35.59% Public Companies and
Individual Investors