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EVH

Evolent Health, Inc.

EVH

NYSE·Healthcare·Medical - Healthcare Information Services·Mkt cap $485.9M

$4.32

+1.41%

P/E

Mkt Cap

$485.9M

52-Wk Range

$2.10–$10.08

52-Week Range

$2.10 - $10.08

P/E

Fwd P/E

25.04

Beta

0.84

Div Yield

0.00%

Avg Vol

3.0M

Shares Out

111.6M

Mkt Cap

$485.9M

Price action

Price chart

Down 55.3% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary Identifi technology platform that aggregates data, manages workflows, and enables patient engagement at scale
  • Dual expertise spanning both payer and provider perspectives, enabling comprehensive end-to-end solutions
  • Established relationships with major health plans and healthcare systems built over 12+ years of operations
  • Specialized clinical capabilities in high-cost specialty care areas (oncology and cardiology) with proven cost management track records

Bear Case

2 risks

  • Average volatility.
  • Premium valuation to Healthcare IT & Services peers

Growth

Turning profitable

Industry-wide shift from fee-for-service to value-based care models creating sustained demand for transition solutions

Value

Premium valuation to Healthcare IT & Services peers

Momentum

Weak

-7.3% over 3m

Quality

Thin

Solid business

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.02 vs -$0.01 consensus (+292.1% surprise). Revenue of $652.5M vs $597.7M expected (+9.2%). Beat on both top and bottom lines.

EPS beat +292.1%
Rev beat +9.2%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+292.1%

Revenue trend · last 8Q

+16%

-24%

-31%

-23%

-28%

+3%

+47%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$621.4M

$646.5M

$483.6M

$444.3M

$479.5M

$468.7M

$496.2M

$652.5M

Margins · last 8Q

Gross

12.4%

Operating

-1.5%

Profit

-4.3%

Wall Street consensus

4 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Citi · Aug 10, 2026

vs Industry

How EVH stacks vs Medical - Healthcare Information Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.