Cardinal Health sees healthy demand, despite modest commodity pressure
Cardinal Health Inc. shares jumped on Thursday after the company reported better-than-expected first-quarter 2027 earnings ...
Model output · Signal date 2026-11-06
Cardinal Health Inc (CAH) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
24.0%
Spearman, 357 dates
Market Cap
$63.20B
large-cap · #3 of 7 peers
Summary
Cardinal Health Inc (CAH) stock forecast summary
Our AI scores Cardinal Health Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Cardinal Health Inc is a large-cap company with a market capitalization of $63.20B. It ranks number 3 by market capitalization among the 7 Wholesale-Drugs, Proprietaries & Druggists' Sundries issuers in our coverage with a current forecast.
For CAH, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 24.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 3.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, CAH included.
Price
CAH price chart and AI forecast
Cross-section · 2026-11-06
How CAH ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-09-30
Cardinal Health Inc (CAH) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Wholesale-Drugs, Proprietaries & Druggists' Sundries peers listed below that report each metric.
Valuation & Market
| Metric | CAH | Rank |
|---|---|---|
| Market Cap | $63.20B | 3/7 |
| P/E Ratio | 28.27x | – |
| EPS | $9.61 | – |
Profitability & Margins
| Metric | CAH | Rank |
|---|---|---|
| Gross Margin | 2.8% | 7/7 |
| Operating Margin | 0.8% | 4/6 |
| Net Margin | 0.7% | 4/7 |
| EBT Margin | 0.7% | 4/7 |
| Tax Rate | 21.0% | – |
Financial Health
| Metric | CAH | Rank |
|---|---|---|
| Current Ratio | 0.88x | 7/7 |
| Quick Ratio | 0.49x | 7/7 |
| Interest Coverage | 10.3x | 1/6 |
| Working Capital | -$5.34B | 6/7 |
Cash Flow
| Metric | CAH | Rank |
|---|---|---|
| Operating Cash Flow | $6.57B | 2/7 |
| OCF Growth YoY | 174.2% | 2/5 |
Operational Efficiency
| Metric | CAH | Rank |
|---|---|---|
| Inventory Turnover | 16.8x | 2/7 |
| Days Inventory | 22 days | 6/7 |
| Payables Period | 48 days | 4/6 |
Income Statement
| Metric | CAH | Rank |
|---|---|---|
| Operating Income | $3.37B | 2/6 |
| Net Income | $2.86B | 2/7 |
| SG&A Expense | $7.73B | 2/6 |
| Cost of Goods Sold | $309.39B | 3/7 |
Dividend & Shareholder Information
| Metric | CAH | Rank |
|---|---|---|
| Shares Outstanding | 233M | – |
| Net Income Growth | 79.2% | 1/5 |
| EPS Growth | 49.0% | 1/5 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $40.99B | 71.5% of assets |
| Cash & Short-term Investments | $5.26B | 9.2% of assets |
| Accounts Receivable | $14.54B | 25.4% of assets |
| Inventory | $18.39B | 32.1% of assets |
| Total Liabilities | $60.02B | |
| Short-term Debt | $5.39B | 9.4% of assets |
Quarterly Financial Reports
CAH quarterly financials and insider trading
Industry Peers · Wholesale-Drugs, Proprietaries & Druggists' Sundries
Cardinal Health Inc (CAH) industry peers
Companies classified under the same SEC industry code as Cardinal Health Inc (Wholesale-Drugs, Proprietaries & Druggists' Sundries): 7 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Trade & Services · Wholesale-Drugs, Proprietaries & Druggists' Sundries
News
Cardinal Health Inc (CAH) stock news
Nasdaq tumbles 4.5%; Cardinal Health shares gain after upbeat Q1 earnings
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 4.5% on Thursday. The Dow traded ...
Cardinal Health, Inc. (CAH) Presents at Citi Annual Global Healthcare Conference 2025 Transcript
All right. Good morning, everyone. Welcome to day 2 of the Citi Global Healthcare Conference. Really pleased to have with us today this morning, Cardinal Health, Aaron Alt, the CFO of Cardinal Health; ...
FAQ
Cardinal Health Inc (CAH) stock forecast FAQ
What is the Cardinal Health Inc (CAH) stock forecast?
Our AI scores Cardinal Health Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Cardinal Health Inc stock predictions?
For CAH, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 24.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 3.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Cardinal Health Inc forecasts updated?
Cardinal Health Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Cardinal Health Inc's industry peers?
7 issuers in our coverage, CAH included, share the SEC industry code Wholesale-Drugs, Proprietaries & Druggists' Sundries. The largest are: Mckesson Corp (MCK), Cencora, Inc. (COR), Herbalife Ltd. (HLF), Nu Skin Enterprises, Inc. (NUS), Enersyn Global Inc. (ESYN), Cosmos Health Inc. (COSM).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.