17.2% Above Target

HUM's consensus price target is $298.5, -17.2% below the current price of $360.65. The 44 analysts tracking HUM see downside risk at present valuations.

HUM has a consensus rating of "Hold" based on 44 Wall Street analysts. The rating breakdown is mixed, with 28 Hold ratings making up the largest segment. The consensus 12-month price target of $298.5 implies -17.2% downside from current levels.

At a forward P/E of 40.846x, HUM trades at a premium valuation. The consensus price target of $298.5 (-17.2% downside) suggests analysts may view current valuations as stretched.

The most bullish Wall Street analyst has a price target of $441 for HUM, while the most conservative target is $195. The consensus of $298.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $934 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

HUM is heavily covered by Wall Street, with 44 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 28 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month HUM stock forecast based on 44 Wall Street analysts shows a consensus price target of $298.5, with estimates ranging from $195 (bear case) to $441 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $709, with bear/bull scenarios of $447/$934.

Our quantitative valuation model calculates HUM's fair value at $709 (base case), with a bear case of $447 and bull case of $934. 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 49/100.

HUM trades at a forward P/E ratio of 40.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 36.7x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on HUM, with 2 Sell ratings and a price target of $298.5 (-17.2% from current price). The "Hold" consensus suggests careful evaluation before buying. 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.

HUM analyst price targets range from $195 to $441, a 82% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $298.5 consensus represents the middle ground. Our model's $447-$934 range provides an independent fundamental perspective.