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CVS

CVS Health

NYSEHealth CareHealthcare PlansSnapshot 2026-05-08

$90.55+3.65%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, CVS has a signal label of "mild_favorable" and a composite score of 15.7. This change is driven by a significant rise in the company momentum score, which increased by 63.6 points to 48.1, along with an improvement in the valuation score, which rose by 17.5 points to 66.7. The valuation label has also changed from "full" to "fair." This information is provisional.

Composite +16as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
weak
Bottom 30% of health care cohort
Why this rank
  • Direction share
    0.57
  • Slope (norm)
    0.24
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
22712381-32077071
F2 · Value
Loss-making
Earnings yield undefined
Why this rank
Price
$90.55
TTM EPS
$-1.38
Earnings yield
Undefined / loss-making
P/E (TTM)
Undefined / loss-making

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
4,614
TTM CFO ($M)
9,107
CFO/NI
1.97
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 20% activity in health care cohort· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
neutral5 PT revisions / 30d, avg 16.7% above currentfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $1.83 → $1.83 (+0.2% / 30d). 5 raised, 8 cut, 21 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 6 maintained. 89% of analysts rate Buy.

Price target activity

5 PT revisions / 30d. Avg target 16.7% above current price.

Material events

0 positive, 1 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

1 material event in the last 24 months — top 1 listed below.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase cash flow from operationscapital allocationmixed30% progress
    5/6: Raising full-year 2026 guidance: Cash flow from operations guidance to at least $9.5 billion from at least $9.0 billion.
    Why this status

    Stated in 3 of last 3 quarters. Cash flow from operations guidance was raised to at least $9.5 billion for 2026, up from $9.0 billion. Despite the increase in guidance, cash from operating activities was negative in 2025-Q4 at -$9.498 billion, indicating limited progress in achieving the target so far.

  2. 2.Increase adjusted EPS guidancegrowthbehind0% progress
    5/6: Raising full-year 2026 guidance: Adjusted EPS guidance range to $7.30 to $7.50 from $7.00 to $7.20.
    Why this status

    Stated in 3 of last 3 quarters. Adjusted EPS guidance was raised to $7.30 to $7.50 for 2026, up from $7.00 to $7.20. However, diluted EPS was negative at -$3.13 in 2025-Q3, indicating challenges in achieving the adjusted EPS target.

  3. 3.Maintain revenue guidance of at least $400 billiongrowthbehind0% progressprovisional
    12/9: The Company is initiating its 2026 full-year financial guidance as follows: Total revenues of at least $400.0 billion.
    Why this status

    Newly stated in 2025-Q4. The company has set a revenue guidance of at least $400 billion for 2026. Revenue for 2025-Q4 was $82.586 billion, indicating a need for significant growth to meet the annual target.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −16%, typical day ±1.2%
Why this risk level

Recent vol — 30d annualized 38%; 252d 32%.

Drawdown — Max 1y −16%. Bad day move −3%.

Beta to sector ETF (XLV) 0.62 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 47/100, drawdown 67/100, beta 62/100, earnings vol .

Sector regime
headwind-15.1%sector vs S&P 500, 60d

via XLV

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. score change · company_momentum_score
    severity 100

    Company momentum rose by 63.6 points (from -15.5 to 48.1).

  2. score change · composite_insight_score
    severity 36

    Composite insight rose by 18.0 points (from -2.3 to 15.7).

  3. score change · valuation_score
    severity 35

    Valuation rose by 17.5 points (from 49.2 to 66.7).

  4. label change · signal_label
    severity 20

    Signal changed from 'mixed' to 'mild_favorable'.

  5. label change · valuation_label
    severity 20

    Valuation label changed from 'full' to 'fair'.

As of May 8, 2026, CVS experienced notable changes in its scores and labels. The company momentum score rose by 63.6 points, from -15.5 to 48.1, and the composite insight score increased by 18.0 points, from -2.3 to 15.7. The valuation score also improved by 17.5 points, moving from 49.2 to 66.7. Additionally, the signal label changed from 'mixed' to 'mild_favorable', and the valuation label changed from 'full' to 'fair'.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite28.7 / 100
Capital allocation15
Earnings discipline41
Margin discipline38
Balance sheet31
Guidance credibility
Post-call reaction40

Met or beat guidance 100% of the last 2 guided quarters · 5.3% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase cash flow from operations

    Capital allocationNew since 2026-05-06

    Focus on raising cash flow from operations to at least $9.5 billion for 2026.

    Mixed

    Stated in 3 of last 3 quarters. Cash flow from operations guidance was raised to at least $9.5 billion for 2026, up from $9.0 billion. Despite the increase in guidance, cash from operating activities was negative in 2025-Q4 at -$9.498 billion, indicating limited progress in achieving the target so far.

    30%
    CEO/CFO:Raising full-year 2026 guidance: Cash flow from operations guidance to at least $9.5 billion from at least $9.0 billion.
    Multiple sourcesSource dated 2026-05-06Stated 3 of last 8 quartersFirst seen 2026-05-06
    Show history (3)
    • 2026-Q2Multiple sources

      Raising full-year 2026 guidance: Cash flow from operations guidance to at least $9.5 billion.

    • 2026-Q1Multiple sources

      Updated cash flow from operations guidance to at least $9.0 billion.

    • 2025-Q4Multiple sources

      Cash flow from operations guidance of at least $10.0 billion.

  • #2

    Increase adjusted EPS guidance

    GrowthNew since 2026-05-06

    Raise adjusted EPS guidance range to $7.30 to $7.50 for 2026.

    Behind

    Stated in 3 of last 3 quarters. Adjusted EPS guidance was raised to $7.30 to $7.50 for 2026, up from $7.00 to $7.20. However, diluted EPS was negative at -$3.13 in 2025-Q3, indicating challenges in achieving the adjusted EPS target.

    0%
    CEO/CFO:Raising full-year 2026 guidance: Adjusted EPS guidance range to $7.30 to $7.50 from $7.00 to $7.20.
    Multiple sourcesSource dated 2026-05-06Stated 3 of last 8 quartersFirst seen 2026-05-06
    Show history (3)
    • 2026-Q2Multiple sources

      Raising full-year 2026 guidance: Adjusted EPS guidance range to $7.30 to $7.50.

    • 2026-Q1Multiple sources

      Confirmed Adjusted EPS guidance range of $7.00 to $7.20.

    • 2025-Q4Multiple sources

      Adjusted EPS guidance range of $7.00 to $7.20.

  • #3

    Maintain revenue guidance of at least $400 billion

    Growth

    Maintain total revenue guidance of at least $400 billion for 2026.

    Behind

    Newly stated in 2025-Q4. The company has set a revenue guidance of at least $400 billion for 2026. Revenue for 2025-Q4 was $82.586 billion, indicating a need for significant growth to meet the annual target.

    Total revenues of at least $400.0 billion for 2026
    0%
    CEO/CFO:The Company is initiating its 2026 full-year financial guidance as follows: Total revenues of at least $400.0 billion.
    Multiple sourcesSource dated 2025-12-09Stated 1 of last 8 quartersFirst seen 2025-12-09provisional
    Show history (1)
    • 2025-Q4Multiple sources

      The Company is initiating its 2026 full-year financial guidance as follows: Total revenues of at least $400.0 billion.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
80higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
81higher = cheaper

Cheaper than its own typical valuation.

P/E
12.4x
EV/EBITDA
18.6x
FCF yield
6.7%

P/E over the last 5 years

67 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
CVS
CVS Health
+16fairmoderate
LLY
Lilly (Eli)
+21fullmoderate
JNJ
Johnson & Johnson
+18fulllow
ABBV
AbbVie
+12fairlow
UNH
UnitedHealth Group
+24fairelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.2%
A bad day (95th %ile)
A rough but not unusual down day.
-2.8%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-16.4%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If health_care sector trend rises from +0.06 into 'improving' (>= +0.20)+5.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-05-06)-16 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-6.8 pts
  • If health_care sector trend falls from +0.06 into 'weakening' (<= -0.20)-5.0 pts
  • If rates state reverses from -0.37 (negative) to +0.37 (positive)-2.9 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-062d agoItem 2.02

    by reference. The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (as amended, the “Exchange Act”) or otherwise subject to the liabilities of that Section, and shall not be or be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall…

    earnings preannouncementnegativescore 75
  2. 2026-03-191mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d): On March 18, 2026, the Board of Directors (the “Board”) of CVS Health Corporation (“CVS Health” or the “Company”) elected John E. Gallina to serve on the Board, effective March 19, 2026. Mr. Gallina, age 66, is the former Executive Vice President and Chief Financial Officer (“CFO”) of Elevance Health, Inc. (“Elevance”; NYSE: ELV) a leading hea…

    executive changeneutralscore 25
  3. 2026-02-102mo agoItem 2.02

    by reference. The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (as amended, the “Exchange Act”) or otherwise subject to the liabilities of that Section, and shall not be or be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall…

    earnings preannouncementneutralscore 9
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-10 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.