CHE trades 20.3% below Wall Street's consensus target of $635.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CHE achieves its forward estimates and maintains a stable P/E multiple of 20.5x. This scenario reflects the blended consensus of 10 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 8, 2026, Chemed Corporation (CHE) has a Wall Street consensus price target of $635.00, based on estimates from 10 covering analysts. With the stock currently trading at $528.05, this represents a potential upside of +20.3%. The company has a market capitalization of $7.01B.
Analyst price targets range from a low of $620.00 to a high of $650.00, representing a 5% spread in expectations. The median target of $635.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 5 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, CHE trades at a trailing P/E of 24.6x and forward P/E of 20.5x. Analysts expect EPS to grow +19.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $781.57, with bear and bull scenarios of $492.39 and $1029.80 respectively. Model confidence stands at 46/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ADUSAddus HomeCare Corporation | $2.3B | $124.31 | $128.75 | +3.6% | Buy | 17.6x | 18 |
 ENSGThe Ensign Group, Inc. | $10.6B | $181.08 | $223.25 | +23.3% | Buy | 22.7x | 13 |
 SCIService Corporation International | $10.2B | $73.74 | $95.00 | +28.8% | Buy | 18.4x | 10 |
 CSVCarriage Services, Inc. | $425M | $26.80 | $50.40 | +88.1% | Buy | 8.0x | 7 |
 HCSGHealthcare Services Group, Inc. | $1.7B | $24.28 | $27.33 | +12.6% | Hold | 18.2x | 15 |
 OPCHOption Care Health, Inc. | $5.0B | $31.65 | $28.31 | -10.6% | Hold | 16.8x | 16 |
 UNHUnitedHealth Group Incorporated | $357.9B | $394.15 | $478.68 | +21.4% | Buy | 19.1x | 52 |
 HUMHumana Inc. | $52.1B | $433.74 | $470.42 | +8.5% | Hold | 47.4x | 44 |
 CVSCVS Health Corp. | $107.0B | $83.85 | $109.89 | +31.1% | Buy | 10.4x | 41 |
 MCKMcKesson Corporation | $123.8B | $1060.84 | $983.13 | -7.3% | Buy | 23.8x | 31 |
Quick answers to the most common questions about buying CHE stock.
The consensus Wall Street price target for CHE is $635, representing 20.3% upside from the current price of $528.05. With 10 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
CHE has a consensus rating of "Buy" based on 10 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $635 implies 20.3% upside from current levels.
CHE trades at a forward P/E of 20.4867x, representing a moderate valuation. With analysts targeting $635 (20.3% implied move), the stock appears reasonably valued with upside.
The most bullish Wall Street analyst has a price target of $650 for CHE, while the most conservative target is $620. The consensus of $635 represents the median expectation. Our quantitative valuation model projects a bull case target of $1030 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CHE is moderately covered, with 10 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CHE stock forecast based on 10 Wall Street analysts shows a consensus price target of $635, with estimates ranging from $620 (bear case) to $650 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $782, with bear/bull scenarios of $492/$1030.
Our quantitative valuation model calculates CHE's fair value at $782 (base case), with a bear case of $492 and bull case of $1030. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 46/100.
CHE trades at a forward P/E ratio of 20.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 24.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on CHE, with a "Buy" consensus rating and $635 price target (20.3% upside). 5 of 10 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CHE analyst price targets range from $620 to $650, a 5% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $635 consensus represents the middle ground. Our model's $492-$1030 range provides an independent fundamental perspective.
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