Centene Corp ( CNC ) stock is rallying Thursday after the insurer confirmed its fiscal 2025 outlook of roughly $1.75 adjusted EPS—beating Wall Street's $1.69 consensus—despite having pulled prior guidance in July over preliminary actuarial data concerns.

The company reported second-quarter sales surged 22% year-over-year to $48.74 billion, comfortably exceeding the consensus estimate of $44.48 billion.

However, this revenue performance was overshadowed by substantial increases in medical costs.

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Centene ( CNC ) CEO Sarah London acknowledged the challenging quarter, but added that the firm is “working with urgency and focus” to restore its earnings trajectory.

Citing a Centene ( CNC ) executive, Reuters reported that Medicaid results for July and August support an improved trajectory for the back half of the year.

It has been able to refile in states covering 95% of its membership for 2026.

2025 Stock Prediction For Centene

Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.

Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Centene ( CNC ), an investor could assess a stock's long-term prospects using a moving average and trend line.

If they believe a stock will remain above the moving average, which many feel is a bullish signal, they can extrapolate that trend into the future using a trend line. For Centene ( CNC ), the 200-day moving average sits at $51.83, according to Benzinga Pro, which is above the current price of $34.89. For more on charts and trend lines, see a description here.

Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.

Price Action: CNC stock is up 12.47% at $35.17 at the last check on Thursday.

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